Swiss Crypto Bank Sygnum Inches Closer to 'Unicorn' Status With $40M Raise
The company said that its initial target for the funding round was $35 million.
24H Price
The Status price is $0.03800696, a change of 4.59% over the past 24 hours as of 11:45 a.m. The recent price action in Status left the tokens market capitalization at $150.53M. So far this year, Status has a change of -15.88%. Status is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
The company said that its initial target for the funding round was $35 million.
"You have people talking about bitcoins, about equity, being the safe asset," El-Erian told CNBC.
The decline in activity in the network is partly because of the adoption of layer 2 networks, and the trend will continue in the near term, according to IntoTheBlock.
Not raising rates now may make it more difficult later, some analysts say.
The latest price moves and insights with Jenn Sanasie and General Partner at Dragonfly Tom Schmidt. Read more...
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