CRYPTO NEWS - Bitcoin is Slow for the Moment Target is at 53k - Market is still Bulish But in Red
CRYPTO NEWS - Bitcoin is Slow for the Moment Target is at 53k - Market is still Bulish But in Red
00:05 Intro
01:48 Crypto News
04:17 Bitcoin News
05:32 Ethereum News
06:15 Bitcoin Technical Analysys
07:02 Ethereum Technical Analysys
Ethereum (ETH) Scaling Platform Polygon (MATIC) has announced a $ 400 million deal with startup Mir to further scale Ethereum and “bring millions of users to the web”. The structure of the acquisition is not fixed. Proof ZK is a scaling solution as it allows verification of multiple Ethereum transactions with a single small piece of evidence. “But so far, generating ZK proofs has been slow and inefficient. I solved this problem by generating recursive evidence faster than ever, ”said Polygon.
Paulo Passoni, CEO of SoftBank’s Latin America Fund, said about 10% of the company’s $ 5 billion fund is invested in crypto, a strategy he favors, even if some of the tokens are overvalued, according to Bloomberg. He has said that the crypto market “is currently the most relevant in the world”.
Programmable Liquidity Mining Protocol izumi announced that it has completed a $ 3.5 million Series A funding round. They said the funds will support the launch of izumi native tokens (iZi), which will take place on December 20th, and followed by the launch of the izumi platform “LiquidBox” on December 21st.
Crypto derivatives firm Paradigm has closed a $ 35 million Series A funding round and valued the company at $ 400 million. It is jointly managed by Jump Capital and Alameda Ventures, with over 25 investors participating. According to the press release, the company works with more than 600 institutions while the transaction volume on the network increased by 1,300% year-on-year to $ 10 million in total monthly trading volume.
Crypto Market Highlights: NFT’s News
Global soft drink giant Pepsi has announced the first series of non-fungible tokens (NFTs) called the Pepsi Mic Drop Origin Collection. Pepsi creates 1,893 (to celebrate the year Pepsi was “born”) the only generic NFT to work on the Ethereum blockchain on Friday December 10th, free to users (no gas fees charged).
The Ross Ulbricht Genesis Collection NFT auction raised 1,446 ETH ($ 6.27 million), while the auction winner was FreeRossDAO, a group that says they are supporters of Ross Ulbricht and home reform. All proceeds from the auction will not belong to Ulbricht or his family, but to a separate legitimate organization that will pass the proceeds on to the Art4Giving fund as well as to the project, free Ulbricht with new legal proceedings, raise awareness and more.
00:05 Intro
01:48 Crypto News
04:17 Bitcoin News
05:32 Ethereum News
06:15 Bitcoin Technical Analysys
07:02 Ethereum Technical Analysys
Ethereum (ETH) Scaling Platform Polygon (MATIC) has announced a $ 400 million deal with startup Mir to further scale Ethereum and “bring millions of users to the web”. The structure of the acquisition is not fixed. Proof ZK is a scaling solution as it allows verification of multiple Ethereum transactions with a single small piece of evidence. “But so far, generating ZK proofs has been slow and inefficient. I solved this problem by generating recursive evidence faster than ever, ”said Polygon.
Paulo Passoni, CEO of SoftBank’s Latin America Fund, said about 10% of the company’s $ 5 billion fund is invested in crypto, a strategy he favors, even if some of the tokens are overvalued, according to Bloomberg. He has said that the crypto market “is currently the most relevant in the world”.
Programmable Liquidity Mining Protocol izumi announced that it has completed a $ 3.5 million Series A funding round. They said the funds will support the launch of izumi native tokens (iZi), which will take place on December 20th, and followed by the launch of the izumi platform “LiquidBox” on December 21st.
Crypto derivatives firm Paradigm has closed a $ 35 million Series A funding round and valued the company at $ 400 million. It is jointly managed by Jump Capital and Alameda Ventures, with over 25 investors participating. According to the press release, the company works with more than 600 institutions while the transaction volume on the network increased by 1,300% year-on-year to $ 10 million in total monthly trading volume.
Crypto Market Highlights: NFT’s News
Global soft drink giant Pepsi has announced the first series of non-fungible tokens (NFTs) called the Pepsi Mic Drop Origin Collection. Pepsi creates 1,893 (to celebrate the year Pepsi was “born”) the only generic NFT to work on the Ethereum blockchain on Friday December 10th, free to users (no gas fees charged).
The Ross Ulbricht Genesis Collection NFT auction raised 1,446 ETH ($ 6.27 million), while the auction winner was FreeRossDAO, a group that says they are supporters of Ross Ulbricht and home reform. All proceeds from the auction will not belong to Ulbricht or his family, but to a separate legitimate organization that will pass the proceeds on to the Art4Giving fund as well as to the project, free Ulbricht with new legal proceedings, raise awareness and more.
