17:34 2025-02-20
Bitcoin staking platform Acre completes $4 million strategic financingBitcoin staking platform Acre completed a $4 million strategic financing, with participation from Draper Dragon, Big Brain Holdings and Orange DAO.
Acre co-founder and CEO Laura Wallendal said the round was in the form of a future equity simple agreement and token subscription rights, and Wallendal said the $90 million valuation represents a fully diluted valuation for the yet-to-be-launched ACRE token.
17:13 2025-02-20
Opinion: Bitcoin volatility and falling positions squaring contracts suggest traders are taking a wait-and-see approachBitcoin traders are taking a wait-and-see approach as demand weakens, blockchain activity is lacking and liquidity inflows slow, reflected not only in lower volatility but also in a sharp drop in their holdings.
"The market is in a cooling phase right now," said David Gogel, vice-president of strategy and operations at the dYdX Foundation. "Bitcoin has held up, but after failing to break through $105,000 in January, we've seen inflows slow and speculative assets like Meme take a hit."
17:10 2025-02-20
Wormhole now supports UnichainWormhole now supports the Ethereum L2 network Unichain, and this integration makes Wormhole an interoperability provider for Unichain, enabling seamless asset transfer across the blockchain network.
16:18 2025-02-20
Federal Reserve Bostic: The Federal Reserve is expected to cut interest rates twice this yearMr. Bostic said the Fed was expected to cut interest rates twice this year. A lot could happen in the future that could lead to more or less rate cuts. The base rate is currently in a moderate tightening state, compared with the neutral rate of 3% -3.5%. The slowdown is a major concern because of the upcoming policy changes, but businesses expect 2025 to be a solid year, and so far the economy has shown resilience.