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.
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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.
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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.
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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.
