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Latin American cryptocurrency exchange Mercado Bitcoin has secured $200 million in Series B financing from SoftBank, marking one of the largest funding rounds in the region’s history. Mercado Bitcoin will use the funds to expand its offerings and invest in new infrastructure to meet the growing demand for digital assets […]
» Read more Leading decentralized crypto exchange by trade volume Binance has restored British pound withdrawals using the Faster Payments network. On June 28, Binance uploaded a notice revealing that withdrawals via Faster Payments, a popular United Kingdom-based inter-bank payments platform, had been suspended for maintenance. The news came the same week the […]
» Read more Bitcoin’s (BTC) whipsaw volatility has been on full display throughout June, leaving traders confused and in search of the latest technical indicator or major news announcement that might provide some hint at which way the price will move. As the month of June comes toward an end, traders are now […]
» Read more Institutions are holding their breath when it comes to buying more Bitcoin (BTC), even at $34,000. According to data on BTC balances held by major exchange Coinbase, not much mass-buying has occurred in recent weeks. Institutional demand “still low,” says analyst Despite BTC/USD trading at over 50% below its recent […]
» Read more Often a figure of ridicule within the crypto community thanks to his outlandish predictions as well as being a larger-than-life personality, John McAfee has ceased to be in the spotlight of the crypto community. However, following his alleged “suicide” that occurred in a Spanish prison cell on June 23, tributes […]
» Read more Bill Foster, Democratic Representative and co-chair of the Congressional blockchain caucus, has called for a regulatory framework that would enable third parties to reverse fraudulent or criminal transactions. Foster is a physicist and a Democratic Rep for Illinois. The blockchain caucus is co-chaired by Democratic Rep Darren Soto, and Republican […]
» Read more Bitcoin’s reliance on large-scale mining infrastructure and geographic concentration has been thrown into sharp relief by China’s recent mining crackdown. In May, China announced that it would be getting tough on crypto mining and trading as a response to financial risks. The nation’s crackdown on crypto is not new, rather […]
» Read more Several venture capital firms including Andreessen Horowitz have thrown their weight behind Nansen, an up-and-coming blockchain analytics platform for the DeFi sector. The $12 million Series A funding round included participation from Skyfall Ventures, Coinbase Ventures, imToken Ventures, QCP Capital and Mechanism Capital, Nansen announced Tuesday. Nansen said the funding […]
» Read more Bitcoin (BTC) tackled resistance at $35,000 on Tuesday as upward momentum began to resurface throughout cryptocurrency. BTC price targets range high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting 24-hour highs of $35,780 on Bitstamp on Tuesday. The pair put in 4.5% gains on the day, restoring confidence […]
» Read more Seven-time Super Bowl champion Tom Brady and Brazilian supermodel Gisele Bundchen are the latest celebrities to reaffirm the growing adoption of the cryptocurrency industry. West Realm Shires Services, FTX Trading Limited and Blockfolio, three companies behind major global cryptocurrency exchange business FTX, announced Tuesday a long-term partnership with Brady and […]
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