Blockchain payments firm Ripple has announced a $200-million Series C share buyback, a decision that will take the San Francisco-based tech firm to a record-high valuation of $15 billion.Back in December 2019, Ripple raised $200 million in a Series C funding round with Tetragon Financial Group, a United Kingdom-based investment firm, acting as the lead investor alongside SBI … [Read more...] about Ripple announces $200M share buyback and expresses optimism for 2022
Optimism
Bitcoin Vulnerable to Rising Leverage Despite Short-Term Optimism
“During corrections, declining ASOL is a signal that investor confidence is improving, and fewer coins are spent,” blockchain data firm Glassnode tweeted on Wednesday. A confirmed trough in the ASOL indicator could point to a short-term market bottom similar to what occurred in July and October. Source link … [Read more...] about Bitcoin Vulnerable to Rising Leverage Despite Short-Term Optimism
Perpetual Protocol v2 launches on Ethereum layer-2 solution Optimism
Perpetual Protocol, a decentralized perpetual futures exchange, has moved to Ethereum’s Layer 2 Optimistic roll-up scaling solution Optimism in its latest effort to provide the best-decentralized derivatives trading experience in crypto.The launch of Perpetual Protocol v2 (dubbed Curie) to Optimism Mainnet reduces the cost required to place a trade and speeds up trade … [Read more...] about Perpetual Protocol v2 launches on Ethereum layer-2 solution Optimism
America, Let’s Try Optimism This Thanksgiving
At its best, inflation is a measure of optimism. You know when else it was high? In 1942, U.S. annual inflation was 10.2%. In 1946, it was 8.5%. In 1947, it was 14.4%. You know what those spikes represented? Sending our soldiers across the pond to save millions of people from a delusional little cokehead named Hitler, then buying the boys steaks and Chevrolets to celebrate (and … [Read more...] about America, Let’s Try Optimism This Thanksgiving
Ethereum price drops below $3K, but ETH options data reflects optimism
Ether's (ETH) 81% rally over the last three weeks caught professional traders off-guard, and this week's upcoming options expiry reveals that of the $430 million in contracts set to expire, only 7% of the neutral-to-bearish put options will be available if Ether holds above $3,200 on Aug. 13.Ether price in USD at Coinbase. Source: TradingViewCuriously, the crypto market is … [Read more...] about Ethereum price drops below $3K, but ETH options data reflects optimism