CONGTelegram username auction platform Fragment has sold $50 million worth of usernames
Telegram founder Pavel Durov just said in his TG personal channel that the fully decentralized auction platform Fragment sold 50 million US dollars worth of usernames in less than a month. This week, Fragments will expand beyond usernames. The next step for Telegram is to build a suite of decentralized tools, including non-custodial wallets and decentralized exchanges, for millions of people to safely trade and store cryptocurrencies. He also said that in light of the recent FTX events, block...
CONGXDAO, a multi-chain DAO builder, completed a $2.3 million seed round of financing
Multi-chain DAO builder XDAO has raised $2.3 million in a seed round at a $50 million valuation. Investors in the round included Panony, DWF Labs, Telos Foundation, and Grizzly Capital. Chief Executive Vlad Shavlidze said in an emailed statement. The funds were raised through a token sale, which ended on November 21. Investment terms include a 12-month lock-up period with a 36-month linear vesting period, as well as token economics tailored to the crypto bear market, Shavlidze said.
CONGFTX Executive: Over $1 Billion in Cash Assets Has Been Determined
FTX executives said at a procedural hearing on Tuesday that more than $1 billion in assets had been identified. FTX identified approximately $720 million in unconsolidated cash assets at financial institutions authorized by the U.S. Department of Justice. Mary Cilia, FTX's new chief financial officer, said it is contacting the banks and changing the signatories on the accounts so they can access the accounts and transfer as much cash as possible to authorized depository institutions. Ano...
BTC
CONGTelegram username auction platform Fragment has sold $50 million worth of usernames
Telegram founder Pavel Durov just said in his TG personal channel that the fully decentralized auction platform Fragment sold 50 million US dollars worth of usernames in less than a month. This week, Fragments will expand beyond usernames. The next step for Telegram is to build a suite of decentralized tools, including non-custodial wallets and decentralized exchanges, for millions of people to safely trade and store cryptocurrencies. He also said that in light of the recent FTX events, block...
CONGXDAO, a multi-chain DAO builder, completed a $2.3 million seed round of financing
Multi-chain DAO builder XDAO has raised $2.3 million in a seed round at a $50 million valuation. Investors in the round included Panony, DWF Labs, Telos Foundation, and Grizzly Capital. Chief Executive Vlad Shavlidze said in an emailed statement. The funds were raised through a token sale, which ended on November 21. Investment terms include a 12-month lock-up period with a 36-month linear vesting period, as well as token economics tailored to the crypto bear market, Shavlidze said.
CONGFTX Executive: Over $1 Billion in Cash Assets Has Been Determined
FTX executives said at a procedural hearing on Tuesday that more than $1 billion in assets had been identified. FTX identified approximately $720 million in unconsolidated cash assets at financial institutions authorized by the U.S. Department of Justice. Mary Cilia, FTX's new chief financial officer, said it is contacting the banks and changing the signatories on the accounts so they can access the accounts and transfer as much cash as possible to authorized depository institutions. Ano...
BTC
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long time?
This week, Bitcoin’s (
bitcoin
market fell
$20,624
) prices have risen, soaring to $21,000 on October 26. This has led to a few traders claiming that the bottom may have been reached, or that BTC is entering the next phase of some technical structure, such as a Wyckoff, a range breakout, or some sort of support-resistance flip.
Before getting all the calls and opening a 10x long position, let’s go back to our previous analysis to see if there has been any change in Bitcoin’s market structure and if the recent bullish momentum is indicative of a broader trend change.
When the last update was published on September 30, Bitcoin was around $19,600, still within the range of price action over the past 136 days. At the time, I had identified a bullish divergence on the weekly Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD). There are also some potential "bottom" signals coming from multiple on-chain indicators that are at multi-year lows.
long time?
This week, Bitcoin’s (
bitcoin
market fell
$20,624
) prices have risen, soaring to $21,000 on October 26. This has led to a few traders claiming that the bottom may have been reached, or that BTC is entering the next phase of some technical structure, such as a Wyckoff, a range breakout, or some sort of support-resistance flip.
Before getting all the calls and opening a 10x long position, let’s go back to our previous analysis to see if there has been any change in Bitcoin’s market structure and if the recent bullish momentum is indicative of a broader trend change.
When the last update was published on September 30, Bitcoin was around $19,600, still within the range of price action over the past 136 days. At the time, I had identified a bullish divergence on the weekly Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD). There are also some potential "bottom" signals coming from multiple on-chain indicators that are at multi-year lows.
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