Funding | Crypto Profit Bot

Nas brags about Coinbase and crypto wealth in new track with DJ Khaled

May 3, 2021

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Nas’ stake in Nasdaq-listed crypto exchange Coinbase is estimated to be around $40 million. 5563 Total views 36 Total shares American rapper and cryptocurrency investor Nasir Jones, better known by his stage name Nas, has invited fans to join the cryptocurrency industry in a newly released track. Released last week, “Sorry Not Sorry” is a […]

PayPal crypto partner Paxos raises $300M

April 29, 2021

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The new funding round included PayPal Ventures, Declaration Partners, Mithril Capital and Senator Investment Group. 8786 Total views 21 Total shares Paxos, a major cryptocurrency company and PayPal’s crypto collaborator, has completed a massive fundraising round shortly after receiving preliminary approval to form a national trust bank. On Thursday, the firm announced a new $300-million Series […]

Tim Draper-backed crypto derivatives exchange raises $18M

April 28, 2021

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Globe Derivative Exchange prepares to launch its platform next month by raising $18 million for a token sale. 870 Total views 11 Total shares A new global cryptocurrency derivatives exchange, Globe Derivative Exchange, or GlobeDX, continues preparation for the platform’s launch by securing another major raise. GlobeDX announced Wednesday that the firm has successfully raised […]

Early Tesla investor Baillie Gifford invests $100M in Blockchain.com

April 21, 2021

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Big tech investor Baillie Gifford has backed the largest single investment in major crypto wallet service Blockchain.com. 6777 Total views 29 Total shares Baillie Gifford, a 110 year-old asset management firm known for its early bets on firms like Tesla, has invested $100 million in major cryptocurrency wallet service Blockchain.com. Blockchain.com co-founder and CEO Peter […]

Bitcoin price drops to $52K, liquidating almost $10B

April 18, 2021

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Bitcoin (BTC) fell to sudden lows of $52,000 on April 18 in a timely reminder of how price action often follows hash rate. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView China, US rumors lead the BTC sell-off Cointelegraph Markets Pro and TradingView showed a brutal hour for Bitcoin bulls everywhere early on Sunday as the market […]

Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports

March 29, 2021

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The average deal size in the crypto industry surged from $19 million last year to nearly $53 million in 2020, according to a new PwC report. 7763 Total views 24 Total shares The consolidation of cryptocurrency-related companies surged massively in 2020, hitting a new record in deal activity, according to a new report by professional […]

Chainalysis has crypto’s ‘heightened momentum’ to thank for multibillion-dollar valuation

March 26, 2021

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The company recently raised $100M in VC funds. How does it plan to spend that money? 6898 Total views 48 Total shares Blockchain analytics firm Chainalysis recently added $100 million to its books thanks to investments from a number of parties, including Salesforce CEO Marc Benioff. In a report from CNBC on Friday, Chainalysis CEO Michael […]

Andreessen Horowitz leads $23M round for NFT marketplace OpenSea

March 18, 2021

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Will this new funding round pave the way for OpenSea to become the Amazon of NFTs? OpenSea, one of the largest digital collectible marketplaces, has secured backing from venture capital firm Andreessen Horowitz, or a16z, and others in a new funding round. According to Andreessen Horowitz, the firm is leading a $23 million Series A […]

Buyer of Beeple’s $69M NFT on Christie’s discloses identity

March 18, 2021

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MetaKovan, the pseudonymous founder of NFT fund Metapurse and buyer of Beeple’s $69 million NFT, has revealed himself. 8329 Total views 21 Total shares The mysterious buyer of the world’s most expensive non-fungible token “Everydays: The First 5000 Days” by Beeple, has revealed their identity. Metapurse, a global NFT fund whose founder successfully bid and […]

Fireblocks crypto startup raises $133M in funding round with BNY Mellon

March 18, 2021

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BNY Mellon, the oldest bank in the United States, continues to aggressively invest in the digital asset industry. 7544 Total views 19 Total shares Cryptocurrency startup Fireblocks has raised $133 million in a Series C funding round. The investment round was led by venture capital firms Coatue, Ribbit and Stripes, with strategic investment from BNY […]

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