NFT Marketplace OpenSea Raises $23M in Series A – March 19

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $58,415

Bitcoin price is currently trading at prices near those of yesterday, following a failed bearish retest of the $56,000 mark.

Top-20 altcoins are mostly trading flat, as Ethereum and XRP remain almost unchanged over the last 24 hours. The top performer was THETA with a 17% gain, while Cardano fell 13% after its Coinbase Pro listing.

Top Stories for March 19, 2021 πŸ”₯

πŸ‘‰ NFT Marketplace OpenSea Raises $23M in Series A

Popular NFT marketplace OpenSea has raised $23 million in a Series A funding round, led by venture capital company a16z.

Several other prominent names also made investments, including Naval Ravikant, Mark Cuban and American Dj 3LAU.

πŸ‘‰ Fed Chairman Jerome Powell Says CBDCs Must Coexist With Cash

Federal Reserve Chairman Jerome Powell has stated that central bank digital currencies (CBDCs) must coexist with cash, while speaking at a virtual payments conference.

Powell claims that the Fed Board of Governors is currently carrying out experiments revolving around CBDCs, in line with Fed comments that they are taking a digital dollar seriously.

πŸ‘‰ Ripple To Expand Into Southeast Asia, Hires Ex-Uber Executive

Ripple has hired a former Uber executive as managing director, as part of an expansion plan into the Southeast Asia region.

Brooks Entwistle was Uber’s former chief business officer and also has two decade’s experience at Goldman Sachs as partner and chairman in Southeast Asia.

The moves comes despite Ripple’s ongoing court proceedings against the U.S Securities and Exchange Commission (SEC).