OpenSea top-10 NFT projects soar as new liquidity enters the market

Spring is here and with it came a newfound awakening for nonfungible tokens (NFTs). In the last week of March, total sales volume rallied to $20 billion, but this metric took a dive from mid April to $17.6 billion.  However, on April 16, the newly landed Moonbirds NFT, pumped over $280 million worth of liquidity […]

Silvergate Bank revenue soar in Q1 as institutional crypto trading activity falls

On Tuesday, Silvergate Bank, a crypto-fiat gateway network designed for financial institutions, announced its results for the first quarter of 2022. During this period, its revenue and net income grew by 93% and 94% year-over-year, respectively, to $59.9 million and $24.7 million. The company is most notable for its Silvergate Exchange Network, or SEN, which […]

JD.com Shares Soar Over 3% on Debut Hong Kong Secondary Listing

JD.com, another Chinese e-commerce firm after Alibaba and NetEase, has succeeded in its secondary listing in Hong Kong, surging over 3 percent on its debut. JD.com Inc (HKG: 9618), a Chinese e-commerce firm, has succeeded in its secondary listing in Hong Kong, surging over 3.5 percent on its debut. JD.com success falls in line with […]

Market Wrap: Bitcoin Stuck in High $9K Range as Stocks Soar on Powell Comments

Bitcoin treaded water in the high $9,000 range Monday as stocks rallied and traders wondered when the cryptocurrency would break the five-digit barrier again. Stocks, meanwhile, got a boost a day after Federal Reserve Chair Jerome Powell talked about continued stimulus efforts for the U.S. economy during a television interview Sunday. At $9,673 as of […]

VC Believes Link Could Soar Above $25 And Overtake Ether

A venture capitalist believes that Link could soar above $25 and overtake the current market cap of Ethereum (Ether). Michael Anderson, co-founder of Framework Venture and an early Chainlink (Link) investor, in a Cointelgraph interview, shared his optimism for the project that seeks to decentralize data. He believes that within a relatively short period of […]

Argo Blockchain Sees Revenues Soar 11x After Mining 1,300 Bitcoin in 2019

Argo Blockchain, a bitcoin mining firm listed on the London Stock Exchange, reported stellar 2019 earnings Wednesday. The company attributed its success to cutting off its consumer-facing arm and focusing on mining some 1,330 bitcoin (BTC) on the year. In its full-year results, Argo said 2019 revenue was up 11-fold from the year before, a […]