Abu Dhabi-based Venom Foundation launches $1B fund for Web3 and blockchain
Venom Ventures Fund is allocating $1 billion to invest in Web3, blockchain and cryptocurrency projects and services.
Fidelity downsizes value of its Twitter holdings
Fidelity has downsized the value of its investment in Twitter by more than half its initial stake in Elon Musk’s takeover of the social media platform.
Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg
Billions of dollars have been poured into Meta’s virtual world with little return on investment, but CEO Mark Zuckerberg says he is holding fast.
Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand
Staking infrastructure firm Kiln has closed a $17.8 million fundraising round led by the likes of Consensys, GSR and Kraken Ventures.
Bitcoin price bottom takes shape as ‘old coins’ hit a record 78% of supply
Bitcoin’s long-term holders’ NUPL metric has dropped to levels that coincided with market bottoms thrice since November 2011.
Public Bitcoin miners’ hash rate is booming — But is it actually bearish for BTC price?
Efforts to keep Bitcoin mining operations afloat may end up pushing the spot BTC price even lower.
3 reasons why Quant Network’s QNT token may have topped after 450% gains since June
QNT whales have started securing profits after the token’s 450%-plus price rally since June 2022.
$740M in Bitcoin exits exchanges, the biggest outflow since June’s BTC price crash
Bitcoin price technicals, however, remain bearish for with the BTC price eyeing a run-down toward $14,000 in Q4.
Why is the price of Huobi Token up 12% today as rest of the market slumps?
HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish.
This Bitcoin long-term holder metric is nearing the BTC price ‘bottom zone’
Bitcoin accumulation is in full swing during the downtrend despite BTC price having more room to drop.
