NFT Marketplace Opensea Raises $100 Million — Firm Becomes a Blockchain Unicorn – Finance Bitcoin News

Opensea has become the latest non-fungible token (NFT)-focused firm to raise funds this year as the company announced raising $100 million in a Series B this week. The venture capital firm Andreessen Horowitz led the Opensea financing round alongside investors like Kevin Durant, Ashton Kutcher, and Tobi Lutke. NFT Marketplace Opensea Joins the Blockchain Unicorns, Project Now Supports Polygon One of the largest non-fungible token (NFT) marketplaces today, Opensea, has announced the company has raised $100 million in a Series B funding round. Additionally, the project also announced it was…

Bitcoin Bears Struggle? Trader Explains | Ethereum Prediction | Bitcoin NEWS Today 🏮

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Record network activity and a second NFT boom send WAX price higher

Just a few days before Bitcoin (BTC) price plunged below $30,000, the NFT sector was dominating headlines for the second time in 2021, led by a month-long 972% surge in the price of Axie Infinity.  Another NFT-focused protocol that has been gaining fundamental strength in recent months is Worldwide Asset eXchange, also known as WAX — a protocol that claims to “deliver the safest and most convenient way to create, buy, sell, and trade virtual items to anyone, anywhere in the world.” WAX/USDT 4-hour chart. Source: TradingView Data from Cointelegraph Markets…

Crypto Fear and Greed Index Taps Low at ‘Extreme Fear,’ BTC Technicals Point to Uncertainty – Market Updates Bitcoin News

On Wednesday, following the drop below the $30,000 region, bitcoin’s price has rebounded more than 8% since Tuesday’s low. Meanwhile, the sentiment metric recorded by the Crypto Fear and Greed Index (CFGI) is extremely low, pointing to “extreme fear” in the market. Despite being a scary term, the time is usually the best time to obtain assets for a lower price. However, data from Tradingview’s technicals show bitcoin is still in the “sell” range, while bitcoin market oscillators are more “neutral.” CFGI Sentiment Metric Reaches ‘Extreme Fear’ The price of…

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Elon Musk says Bitcoin may have already hit his benchmark on renewable energy

Tesla CEO Elon Musk has hinted the crypto industry is on its way towards a greener future, but the car manufacturer won’t be accepting Bitcoin payments just yet. Speaking at The ₿ Word, a virtual Bitcoin (BTC) event with Twitter CEO Jack Dorsey, Ark Invest’s Cathie Wood and moderator Steve Lee from Square Crypto, Musk said that Tesla would “most likely” consider resuming crypto payments for its vehicles — a policy the CEO said the company would be stopping in May — but said he needed to exercise diligence before…

Altcoins secure double-digit gains after Bitcoin surges toward $33K

Charts turned green as Bitcoin (BTC) price rallied to $32,858, but a number of analysts also cautioned that the market may not be out of the woods yet.  Data from Cointelegraph Markets Pro and TradingView shows that the top movers over the past 24-hours were Telcoin (TEL), Polygon (MATIC) and Axie Infinity (AXS), indicating that the recovery is widespread and not just confined to large-cap cryptocurrencies. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro As seen in the list above, the top-performing tokens represent a…

Elon Musk Says Tesla Will “Most Likely” Resume Accepting Bitcoin (BTC)

Tesla CEO Elon Musk hints the company might resume accepting bitcoin (BTC) payments. Tesla Could Resume Accepting Bitcoin Speaking at the B-Word Conference, alongside Ark Invest CEO, Cathie Wood, and Twitter CEO, Jack Dorsey, Musk said the EV firm “will most likely” resume accepting the premier cryptocurrency for purchases. Musk said: “It looks like bitcoin is shifting a lot more toward renewables and a bunch of the heavy-duty coal plants that were being used…have been shut down, especially in China.” Adding: “I want to do a little more due diligence…