July 16, 1.45AM UTC: Updated with additional details Square CEO Jack Dorsey has revealed that the firm is building a new division that will focus on building decentralized finance services that utilize Bitcoin. Dorsey made the announcement via Twitter earlier today and revealed that Square’s new division will be building […]

Bitcoin (BTC) dropped to its “final support zone” above $31,000 on July 15 as a low grind downward brought fresh predictions of a BTC price crash. Binance debacle spreads as $32,000 falls Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting fresh local lows of $31,550 on Thursday. The […]

The global food and agriculture industry is a trillion-dollar sector that is growing exponentially. According to findings from the World Bank, agriculture alone accounted for 4% of global domestic product, or GDP, of the United States in 2018. The report further noted that agriculture could account for more than 25% […]

The DeFi Education Fund (DEF), an organization funded by Uniswap to spearhead lobbying and educational initiatives in support of the decentralized finance sector, has defended its sudden move to liquidate half of its UNI treasury earlier this week. The organization said it needed to convert the funds into stable assets […]

NFL star Saquon Barkley has revealed that he will be converting all of his endorsement money into Bitcoin. Barkley was the 2018 NFL offensive rookie of the year and plays as a running back for the New York Giants — a team that is also sponsored by Grayscale. The 24-year-old […]

Kieran Warwick, the co-founder of forthcoming NFT-powered gaming metaverse Illuvium, has revealed he made a gain of more than 9,000% from flipping a virtual plot of land purchased from the Axie Infinity metaverse. Warwick, the brother of Synthetix founder Kain, recounts purchasing the plots during mid-2020, noting there “weren’t too […]

The European Central Bank, or ECB, joins the growing club of crypto-friendly financial institutions as it announces the decision “to launch a project to prepare for possibly issuing a digital euro.” The ECB’s official tweet noted: “We will look at how a digital euro could be designed and distributed to […]

Crypto market capitalization is down more than 40% since its $2.5-trillion high back in early May, but institutional investors continue to pile into the market. Despite Bitcoin (BTC) losing over half of its United States dollar value and altcoins tanking almost 70% on average, big-money players like hedge funds are […]

Ether (ETH) perhaps had the most bullish outlook entering the July session, with a key technical update dubbed EIP-1559, promising to make its native token ETH scarcer through the network’s first-ever burning mechanism. But so far into the month, the second-largest cryptocurrency by market cap has vastly tailed its top […]