Binance Receives $347 Million In Bitcoin as Matrixport-Associated Wallets Off...
Bitcoin is once again testing investor conviction as it struggles to reclaim the $90,000 level, a price zone that has now become a clear psychological and structural barrier. After weeks of choppy price action and repeated failures to sustain upside momentum, sentiment across the market has shifted sharply. Related Reading: Why Bitcoin’s Current Weakness Is […]
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Matrixport, the digital currency financial services company co-founded by the former Bitmain CEO Jihan Wu, has revealed the company has raised $100 million in a Series C financing round. The funding has propelled Matrixport’s valuation to unicorn status as the firm now has a valuation of over $1 billion. Matrixport Now Valued at $1 Billion, Company Raises $100 Million in Series C On Sunday, the company Matrixport, a financial services firm that specializes in cryptocurrency solutions, management, and custodial services, revealed the company has raised $100 million from a slew of....
The financial asset services platform Matrixport has introduced a variety of new products since the firm raised $100 million in a Series C financing round during the first week of August. Following the launch of the company’s “ETH2.0 Staking Earn” earning service, Matrixport has introduced another service product called “BTC-U Range Sniper” which allows traders to earn high returns when bitcoin values move within a specified price range. Matrixport Launches Ether Staking and Range Sniper Bitcoin Product The Singapore-based Matrixport has been unveiling a....
Seven months ago, during the first week of May, the digital currency entrepreneur Jihan Wu said at a conference that he expects the crypto industry to surpass the internet and the following August, Wu’s firm Matrixport raised $100 million and joined the crypto industry’s growing list of unicorns. This week an interview with Wu was published and the billionaire said that he believes crypto and blockchain space will grow to tens of trillions of dollars in value.
Jihan Wu: ‘Crypto and Blockchain to Grow to Tens of Trillions of Dollars’ in the Future
The....
Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian forces is putting more and more children at risk. Unicef to Fund Activities in Ukraine With Donated Cryptocurrency The Binance Charity Foundation has announced a donation of $2.5 million in cryptocurrency for the United Nations Children’s Fund (Unicef). The money will be used to finance the organization’s efforts in Ukraine amid escalating hostilities with Russia that threaten....
Bitcoin continues to trade with high volatility following Friday’s brutal crash that sent prices as low as $103,000. Over the weekend, the market has struggled to find a clear direction, with bulls and bears locked in a tense battle around the $115,000 level. Sentiment remains divided — some analysts expect a consolidation phase before another leg higher, while others warn of a deeper correction if selling pressure intensifies. Related Reading: Binance Stablecoin Supply Surges To Record $42B: Liquidity Flows Back Into Markets Adding to the uncertainty, new data from on-chain analytics firm....