CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, KRAFERZ News
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Ethereum holds steady at $2,500: indicators show new growth
Ethereum holds the $2,500 support zone against the U.S. dollar.
Ethereum tried to break above resistance levels of $2,640 and $2,650. However, the bulls are now defending the $2,500 support level. In addition, a key bullish trend line is forming on the hourly chart of ETH/USD with support of around $2,500. It is consolidating but still trading below $2,550 and the 100-hour simple moving average.
Immediate upside resistance is near the $2,540 level and the 100-hour simple moving average. The first major resistance is near the $2,560 level.
Ethereum price holds support
Crypto investing is now easier than ever with Kraferz.
Kraferz.com is positioning itself as a venture capital firm capable of giving its users access to private sales with an affordable amount of money.
Kraferz has made token presales more accessible to the public. The company pools all funds, and access to these presales reduces the risk for investors and allows them to diversify their portfolios with more tokens. By gaining access to investors to buy tokens at the presale, they are the first to receive these tokens, meaning that in a few months, when the project and its token become public, they can sell tokens purchased early at a much higher price than they originally bought it. Generally, the token multiplies its value several times when the project is made public, so the user can change their tokens to recover their investment immediately after the project is made public.
Kraferz provides a waiting list that will only be available for two weeks. After this time, registered users will gradually gain access, and the company will not accept new registrations for several more weeks or months. The reward for the first users will be that Kraferz will raffle off $300 to everyone on the list, and they too will be able to access the company’s services before everyone else.
Kraferz will not charge its users any monthly fee. Signing up for the site will be free, and the team will publish the best projects to be released soon, and users can decide whether to invest in that token. They can also invest small amounts from 150USD to 500USD.
Kraferz.com is a venture capital firm
MetaDojo Metaverse Platform Raised $3 Million in Investment in Seed Round
The funds raised will be used to build more affordable and accessible metaverse facilities.
According to the announcement, the MetaDojo universe platform has successfully raised $3 million in a seed round of investment from multiple funds and venture capital offices. The funds raised will be used to build more affordable and accessible metaverse facilities.
A number of world-class institutional investors participated in the seed round. DFG led the round as lead investor, with OKEx BlockDream Ventures, Altonomy Ventures, NGC Ventures, and Jsquare Group as co-investors.
MetaDojo Metaverse Raised $3 Million
Solana’s ghost purse got $109 million in Series B funding
Phantom Wallet, Solana’s own token wallet, announced the completion of a $109 million Series B funding round.
The funding round, led by Paradigm and involving a16z Variant, Solana Ventures, and Jump Capital, brings the crypto wallet to unicorn status with a $1.2 billion valuation.
FTX raises $400 million at $32 billion valuation
FTX says it will allocate capital mainly for mergers and acquisitions.
According to an announcement Monday, Jan. 31, FTX reached a valuation of $32 billion, along with its latest capital raising of $400 million.
The exchange raised $400 million in a Series C funding round from investors including Temasek, Paradigm, Lightspeed Venture Partners, SoftBank Vision Fund 2, and others.
India announces 30% tax on cryptocurrency profits, the highest tax band in the country
Profits derived from crypto-assets trading will be taxed at 30%, Indian Finance Minister Nirmala Sitharaman said.
According to industry estimates, there are currently between 15 and 20 million crypto investors in India, Reuters reported. The collective crypto assets of Indian investors amount to about 400 billion Indian rupees, or $5.37 billion.
Diem Association confirms sale of Silvergate crypto payment network
Diem has long faced problems from regulators.
Silvergate Capital Corporation will acquire the intellectual property and other assets of the Diem Payment network, Diem Association and Silvergate announced.