BAKE, SYS and UTC have secured triple-digit gains as large and small-cap altcoins capitalize on Bitcoin’s range-bound price action. Bitcoin’s (BTC) institutional adoption shows no signs of slowing down. This week Latin America’s largest e-commerce company, Mercado Libre, disclosed that it had purchased $7.8 million worth of Bitcoin as part of its treasury strategy.  Mercado Libre […]

On May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in Series B financing round. The funding was led by Goldman Sachs and a number of other venture firms, as digital currency data has become a hot commodity in recent times. Digital Currency Data and Analytics Firm […]

MercadoLibre (Nasdaq: MELI), Latin America’s leading e-commerce technology company, has purchased a small amount of Bitcoin, as per a filing yesterday with the US Securities and Exchange Commission (SEC). Saving grace “A South American company protecting itself in terms of currency,” noted MacroScope, a pseudonymous trader popular in crypto circles on Twitter. In an SEC […]

Malta, 5th May, 2021. Respectively, DeFi (decentralized finance) and NFTs (non-fungible tokens) have undergone unprecedented growth over the past few months. Since the start of this year, DeFi has already grown over 5 times in terms of total value locked from $15 billion in January, to approximately $77 billion by May, 2021. The NFT space […]

Attention is firmly on the short-term future of Ether after Ethereum’s native cryptocurrency surged to new all-time highs above $3,500. The next few months promise to be exhilarating and decisive for Ether (ETH), as its recent all-time highs above $3,500 put an even bigger spotlight on the cryptocurrency and its smart contract blockchain, Ethereum. As […]

The stock was down by as much as 6.5%, even as the overall cryptocurrency market reached new all-time highs. Shares of Coinbase Global Inc. tumbled to fresh lows on Thursday, as Wall Street investors continued to cycle out of high-flying tech stocks. The cryptocurrency market, meanwhile, reached a record valuation over $2.4 trillion.  COIN stock […]

South African venture capitalist, Michael Jordaan, recently suggested that a single decentralized cryptocurrency may be the solution that brings great benefits to inter-regional trade and investment in Africa. According to Jordaan, who is also the former CEO of one of South Africa’s leading banks, FNB, such a single African currency “would go a long way […]

The U.S. Internal Revenue Services, the country’s main body responsible for collecting taxes and administering the Internal Revenue Code, will probe users of crypto exchange Kraken after a court order, news outlet Reuters said this morning. The taxman comes for crypto: DOJ says a federal court has authorized the IRS to serve a John Doe […]

Coinspeaker Alphabit Fund Buys $5 Million of PLU to Build Bridge between DeFi & Cefi Institutional investment – the term that crypto enthusiasts have been calling for across a 5-year span appears to have finally ignited. Tesla allocated 7.7% of their gross cash into Bitcoin, MicroStrategy acquired 91,579 BTC, and JPMorgan teased the world by […]

Investment firm Ten31 has announced it will be supporting Open Sats and Bitcoin Q+A with grant funds sourced from its management fees. Ten31, an investment firm focused on Bitcoin-native companies, has announced its first Bitcoin developer and community grants, which are sourced from its fund’s management fees. It will be supporting Open Sats, a nonprofit […]