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Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion

Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued…

Continue ReadingImmutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion

Warren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks

The "Oracle of Omaha" now has more companies in his portfolio that have direct/indirect exposure to Bitcoin and similar cryptocurrencies.

Continue ReadingWarren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks

Bitcoin on-chain data hints at institutions ‘deploying capital’ at expense of ‘hodlers’

On-chain metrics detect strong "sophisticated passive buying" on spot exchanges and a rise in the movements of Bitcoin to whale wallets.

Continue ReadingBitcoin on-chain data hints at institutions ‘deploying capital’ at expense of ‘hodlers’