Raise, a PayPal-backed company specializing in digital gift cards and loyalty programs, has raised a $63 million round led by Haun Ventures. The round brings Raise’s total funding to over $220 million. Other participants included Amber Group, Anagram, and GSR, among others, according to a press release . The Chicago-based company is set to use the funds to develop its blockchain-backed Smart Cards and expand the Retail Alliance Foundation, a non-profit focused on securing and modernizing the global gift card network. The company aims to make gift cards a “fully programmable retail currency” that strengthens brand loyalty. "This isn't a reaction to market trends -- it's the result of years of investment, research, and infrastructure-building to bring a fully on-chain, programmable retail currency to life,” the platform’s founder and CEO George Bousis told CoinDesk. “The crypto industry needs real utility now more than ever. Investors are demand substance over speculation, and consumers are tired of broken promises,” Bousis added. “We’ve spend over a decade exploring how blockchain can drive real-world change in the multi-trillion-dollar gift card industry.” Along with the funding round, the company announced a new board of directors featuring Marco Santori, former CLO of Kraken; George Ruan, co-founder of Honey; Matt Maloney, founder of GrubHub; and Bjorn Wagner, CEO of Parity Technologies. Their experience spans fintech, crypto, and e-commerce.
Metaplanet has raised 2 billion yen ($13.3 million) through a zero-interest bond issuance to expand its Bitcoin (BTC) holdings, strengthening its commitment to the leading cryptocurrency as a strategic reserve asset. Metaplanet Raises $13 Million in Zero-Yield Bonds to Expand Bitcoin Holdings The newly issued ordinary bonds will be allocated exclusively to the Evo Fund, with an exit date set for August 26. The repayment will be supported by proceeds from the company's equity acquisition rights, providing financial security for investors. Continue Bitcoin Investment Strategy Metaplanet’s latest move is in line with its ongoing Bitcoin accumulation strategy, mirroring the approach adopted by large institutional players like Strategy. The firm views Bitcoin as a long-term store of value and is further integrating it into its financial strategy. This latest zero-interest fundraising round signals growing institutional confidence in Bitcoin as a reserve asset, with Metaplanet doubling down on its crypto-focused investment thesis. *This is not investment advice. Continue Reading: Japanese Bitcoin Supporter Company Metaplanet Made a New Move to Buy More Bitcoin! Here Are the Details
Bitcoin Sees Worst 3-Day Drop Since FTX Collapse | Bank of America CEO Signals Readiness to Enter Stablecoin Market | SEC Closes Investigation into Gemini Exchange as Founders Criticize Agency’s Damage
The post Bitcoin Crash Over? Top Trader Predicts Massive Recovery & Altcoin Boom! appeared first on Coinpedia Fintech News Bitcoin, the world’s largest cryptocurrency, has dropped over 15% in a week, hitting a low of $82,340. While this fall has sparked fears of more losses, Crypto trader Crypto Banter analysts believe a strong recovery could be coming. With liquidations already happening, Bitcoin’s next move could either shake out weak hands or trigger a sharp rally. Meanwhile, altcoins are showing signs of strength, hinting at a possible breakout soon. Bitcoin Ready For V-Shape Recovery? According to Crypto Banter analysis, Bitcoin has been facing strong resistance after breaking below key support, recently dipping to $82,000. While this move has triggered concerns of further downside, analysts at Crypto Banter suggest that a strong V-shape recovery could be on the horizon. Meanwhile, Crypto Banter outlines two possible scenarios for Bitcoin’s next move: Final Dip Before Reversal: Bitcoin might drop to the $79,000–$81,000 range before rebounding toward $90,000 and higher. This shakeout could remove weak hands before the market starts climbing again. Immediate Recovery: If Bitcoin stays above $82,000, it could quickly regain $90,000 and continue toward $100,000, which could trigger a strong rally in altcoins. The market is at a crucial point, and Bitcoin’s next step will decide if it continues to rise or stays stuck in a sideways phase. Altcoins Preparing for a Breakout? Bitcoin dominance is falling, which could mean altcoins are preparing for strong moves. At the same time, USDT dominance is dropping, showing that traders are shifting funds back into altcoins. This growing confidence could signal the start of an altcoin rally. Ethereum (ETH) is already showing strength, bouncing back from its lows and now aiming for $2,500. If it breaks above this level, ETH could climb toward $3,000. Meanwhile, Solana (SOL) is also holding support around $130, with analysts expecting a move to $160. If momentum builds, SOL could reclaim $200 and enter price discovery, further boosting the Solana price. Crypto Market To Trigger a $6B In Liquidation According to Crypto Banter, Bitcoin has already seen big liquidations on the downside, with many traders now going long between $83k and $84k. This means the market could now move higher. If Bitcoin climbs above $90k, it could trigger $3 billion in short liquidations. A push to $95k could lead to $6 billion in liquidations, forcing short traders to buy back, which could drive prices even higher.
Nyan Heroes, which has assets and a token on Solana, will launch its next Epic Games Store playtest in March with additional airdrop rewards.
In a strategic move to enhance its cryptocurrency wallet services, Phantom announced on Wednesday that it has acquired SimpleHash, a leading token data platform renowned for its real-time, comprehensive blockchain insights. This acquisition marks Phantom’s third in eight months, after its acquisitions of Blowfish and Bitski in the past years. Further, with this acquisition, Phantom will turn into a data powerhouse with on-chain analytics, setting it apart from rivals like MetaMask and Trust Wallet. How Phantom users will benefit Simplehash, as the leading token data platform, will bring an array of benefits for Phantom and its users. Since it is a multi-chain token data platform, Simplehash provides real-time access to comprehensive Blockchain data across 80 chains. It includes Ethereum, Solana, Polygon, Bitcoin, and more. It is also capable of processing thousands of requests per second, having already been able to set industry standards for token data reliability. Now with its acquisition by Phantom , the users of Phantom Wallet will be able to access real-time market insights. This will allow users to receive the real-time market data including up-to-date token prices, historical sales data, and active listings across major decentralized exchanges and NFT marketplaces. Further, since SimpleHash utilizes automatic metadata refreshing, users will be able access current NFT and token data too. We’ve got big news… We’ve acquired @SimpleHashInc , the leading token data platform that provides real-time, comprehensive blockchain insights. pic.twitter.com/lbCirdzxu8 — Phantom (@phantom) February 26, 2025 Thus, this acquisition will significantly boost Phantom’s capabilities in making cryptocurrency more accessible and user-friendly. It will ensure that its users have reliable access to token data, including real-time price movements, NFT metadata, and marketplace activity. Brandon Millman, CEO of Phantom, emphasized the significance of this acquisition: “By bringing on SimpleHash, we’re ensuring that Phantom users have the most accurate and comprehensive token data. SimpleHash unlocks a whole new level of usability for Phantom users.” Phantom’s Strategic Growth Through Acquisitions This acquisition aligns with Phantom’s broader strategy of expanding its capabilities through targeted acquisitions. In May 2024, Phantom acquired Bitski, an embedded wallet provider known for collaborations with global brands like Adidas and Major League Soccer. Later, in November 2024, Phantom integrated Blowfish, a fraud protection and web3 security platform, to enhance user security. As part of the integration process, SimpleHash’s existing services will be phased out, and its team will join Phantom to focus on enhancing the wallet’s token data capabilities. However, it also causes disruption for SimpleHash Customers as existing SimpleHash customers, such as Coinbase, Ledger, and Brave. They may need to look for alternatives if Phantom decides to limit or shut down SimpleHash’s API services. Further, companies relying on SimpleHash for NFT metadata and token tracking might shift to other providers like Alchemy, Moralis, or Covalent. Enhanced Experience for Users With the integration of SimpleHash’s technology and expertise, Phantom is poised to offer an enriched user experience characterized by real-time data, enhanced security, and seamless interactions across multiple blockchains. This move not only benefits current Phantom users but also sets the stage for attracting a broader audience seeking a reliable and comprehensive crypto wallet solution. Though Phantom’s acquisition of SimpleHash is a big win for Phantom users, it comes as a challenge for its competitors, and a potential shake-up for businesses relying on SimpleHash. No matter whether Phantom decided to keep SimpleHash open to third parties or makes it exclusive, this move does signals a shift toward more integrated, data-rich crypto wallets in Web3. The post Phantom Acquires SimpeHash to provide Real-time Token Data for its Users appeared first on CoinGape .
Dogecoin is facing a drastic decline in network activity and price stability. The current market conditions pose challenges for potential recovery. Continue Reading: Dogecoin Faces Significant Decline: Can it Recover? The post Dogecoin Faces Significant Decline: Can it Recover? appeared first on COINTURK NEWS .
The FBI has revealed that North Korea was behind a staggering $1.5 billion hack of crypto exchange ByBit, reported Reuters. The breach, dubbed “Tra...
According to Ki Young Ju, CEO of CryptoQuant, the latest analysis of Bitcoin’s on-chain indicators suggests that the crypto market is at a pivotal juncture. As of February 27th, Ju
The world of digital content creation is witnessing a seismic shift with the launch of FloppyPepe’s (FPPE) Telegram integration, bringing AI video and image generation to a massive audience. By perfectly blending advanced AI agents with the accessibility of Telegram, FloppyPepe (FPPE) is changing meme creation and redefining how users interact with digital art. FloppyPepe (FPPE): AI-Powered Creativity Within Reach FloppyPepe (FPPE) has taken digital creativity to a new level with its front-line AI agents: FloppyX, the AI video agent, and Meme-o-Matic, the text-to-image AI agent. With the Meme-o-Matic now live on Telegram, users can effortlessly create high-quality images from simple text prompts, turning imagination into viral content in seconds. This intuitive integration with Telegram makes meme creation more accessible than ever before, reaching millions of users worldwide. Using Telegram's popularity and ease of use, FloppyPepe (FPPE) assures anyone, regardless of design skills, can participate in the digital art reformation. This democratization of creativity sets it apart from other AI-integrated meme coins, giving it a unique edge in the crowded crypto market. Much of this cultural resonance can be attributed to the Matt Furie legacy, the creative genius behind Pepe the Frog. By drawing inspiration from Furie’s iconic work, FloppyPepe (FPPE) taps into a nostalgic connection while inspiring meme culture in the digital age. Floppychain, a custom AI knowledge engine that processes over one million real-time data points, powers this ingenious approach. From analyzing trending topics to predicting viral content, Floppychain equips users with strategic insights and predictive analytics. This intelligent system improves the meme creation process and empowers users to make informed investment decisions, using data-driven strategies to maximize engagement. Stage-Based Pricing And Deflationary Growth Model FloppyPepe (FPPE) offers more than just advanced technology. It’s also redefining the investment landscape with its strategic stage-based pricing model. This approach rewards early investors with the lowest possible entry point, creating urgency and driving FOMO among potential buyers. Currently priced at $0.0000002, the token is expected to rise as the following presale stage approaches. This presents a limited-time opportunity for savvy investors to maximize their gains. By offering a tiered pricing structure, FloppyPepe (FPPE) not only incentivizes early participation but also sustains long-term growth by continuously increasing demand and reducing supply. Adding to its growth momentum is a deflationary burn mechanism, which permanently removes 1% of every transaction from circulation, driving scarcity and value appreciation. This is further boosted by a redistribution model that rewards loyal holders, supporting a community-driven growth strategy that keeps investors engaged and motivated. With its SolidProof-audited smart contracts, FloppyPepe (FPPE) guarantees security and transparency, further boosting investor confidence. Analysts predict that this strategic combination of AI agents, Telegram integration, and deflationary tokenomics positions FloppyPepe (FPPE) as a game-changer in the AI video and image sector. FloppyPepe (FPPE) Is Poised For Massive Gains: Don’t Get Left Behind The window of opportunity for early investors is rapidly closing as the FloppyPepe (FPPE) presale continues to gain momentum. With each passing day, the excitement around its Telegram-integrated AI agents grows louder, drawing the attention of influencers, analysts, and crypto enthusiasts worldwide. Those who act now are positioned to maximize their returns before the next presale stage triggers a price surge. Prices will increase as the following presale stage approaches, making this the perfect moment to get involved. With the text-to-image Meme-o-Matic now live on Telegram, users are already experiencing the future of meme creation. This strategic move, combined with a deflationary token model and solid community backing, positions FloppyPepe (FPPE) as a leader in the AI video and image sector. Don’t wait until the price surges. Act now to secure a stake in FloppyPepe (FPPE) before this opportunity passes. Join the FloppyPepe (FPPE) presale and community: Website: https://floppypepe.io/ Whitepaper: https://floppypepe.gitbook.io/floppypepe.io Telegram: https://t.me/floppypepeofficial X (Twitter): https://x.com/floppypepe Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.