The Block is looking to raise $1.75 million from investors, according to documents reviewed by Modern Consensus. This follows last year’s raise of $2 million. Should the effort succeed, this second round of fundraising would value the cryptocurrency news and analysis site at $10 million.
In light of China news, April Fools’ Bitcoin rally starts making sense
Once again, someone with a lot of access may have known something
Last week’s run-up in Bitcoin prices seemed like it would remain a mystery. Now comes word that China is contemplating a ban on mining and it all starts to make sense.
Nasty CoinDesk-Block feud gets personal
Two well-known crypto publications trade punches
What a surprise, another fight on crypto Twitter . This time, it’s The Block’s founder and CEO Mike Dudas slugging it out with CoinDesk’s editor in chief Pete Rizzo.
April Fools’ rally in Bitcoin reminds just how ridiculous crypto markets—and algo trading—can get
Sometimes when comedy becomes a tragedy, it becomes a comedy
It seems everyone has gotten to the bottom of Monday’s rally and—whoddathunkit?—it might have been an April Fool’s Day joke. Sure, there were a few jokes floating around the cryptoverse but one in particular is suspected to have ignited buy orders and short squeezes.