Robinhood (HOOD), the US stock and crypto broker that debuted on the stock market last Thursday, has seen the value of its stock double. The huge run-up in the price of the stock follows an inauspicious start to public life for the US trading app which has been at the centre of the trading boom …
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As Bitcoin’s (BTC) price hovers near $40,000, blockchain analytics firm Glassnode is weighing in on whether BTC’s recent bullish movement is just a temporary fad or here to stay. Glassnode says that Bitcoin realized over $2 billion in profits on-chain last week after multiple months of high losses. ADVERTISEMENT “This suggests there is some …
What if sperm were uploaded or perhaps, erm, unloaded onto the Bitcoin network, and those seeking to become pregnant could turn the emotional, complex task into something more approachable, where they choose the right swimmers on the blockchain according to attributes like education level, hobbies and physical attributes? Wei Escala is the founder and CEO …
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Cryptocurrency market intelligence provider Messari has concluded a $21 million fundraise that was supported by some of the biggest venture firms in blockchain, once again highlighting growing investor appetite for budding crypto startups. The new funding will aid Messari in expanding its product suites as well as hiring and retaining more engineering and research talent. …
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Coinbase CEO Brian Armstrong is the latest crypto figure to come out against the wording of the proposed changes to cryptocurrency taxation in the United States. Tweeting on Wednesday, Armstrong stated that the provisions included in the crypto taxation proposal could have a “profound negative impact” on the U.S. crypto space and could force digital …
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On June 2, 2021, Miami Mayor Francis Suarez tweeted that “MiamiCoin” will be the first “CityCoin” ever to be launched, representing Miami’s very own cryptocurrency. Fast forward about two months later and the anticipation surrounding the release of MiamiCoin has been on the rise. Initially, it may appear as if the Magic City’s digital currency …
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Crypto traders are tracking a series of massive Bitcoin and Ethereum transfers. Several whales moved more than $1.6 billion in Bitcoin (BTC) and $570 million in Ethereum (ETH) over a 12-hour period, according to crypto tracker Whale Alert. ADVERTISEMENT The largest Bitcoin transfer sent 10,000 BTC from multiple addresses associated with custodial services firm …
Demand for Aave has boomed dramatically in the previous 24 hours as traders assessed its involvement in Bitwise Investment’s upcoming institutionally focused investment vehicle. The San Francisco-based asset management firm announced Wednesday that it would invest directly in Aave to back its “Bitwise Aave Fund,” a fund created to build a bridge between accredited investors …
Continue reading “Aave price hits two-month high on Wall Street’s DeFi adoption hopes”
After making unwanted headlines with its disappointing initial public offering (IPO) debut on Nasdaq last week, shares in stock and cryptocurrency trading app Robinhood have seen wild volatility in recent days. In an ironic twist that saw the price of HOOD stocks soar by as much as 82% in one day, the app that has …
Continue reading “Echoing GameStop saga, retail traders fuel Robinhood stock price hike”
United Kingdom-based digital asset and trading platform provider Copper.co is stepping into the United States market after appointing Glenn Barber as head of sales and development. Barber’s appointment to lead the new U.S. office comes as “the next step in the company’s expansion” strategy. Headquartered in London, Copper.co has managed to raise $84.3 million through …
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Nasdaq-listed cryptocurrency exchange Coinbase continues its buying spree by acquiring cryptocurrency aggregator service Zabo. According to a Wednesday announcement, Coinbase has started the process of acquiring Zabo, a Dallas-based cryptocurrency startup providing data integration services with major crypto exchanges and wallets, including Coinbase’s rival Kraken. The size of the acquisition deal wasn’t disclosed. Founded in …
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Bitcoin Price Prediction – August 4 The Bitcoin price is currently trading towards the 9-day moving average after the first digital asset recovers from $37,509. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $43,000, $45,000, $47,000 Support Levels: $35,000, $33,000, $31,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is currently holding above …
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A senator in the Uruguayan parliament, Senator Juan Satori has joined the league of politicians supporting Bitcoin as he recently introduced a draft bill that proposes the regulation and enablement of the adoption of crypto payments by businesses. Crypto for business in Uruguay Per Satori’s bill, “crypto assets will be recognized and accepted by the law …
Love him or loathe him, one thing that can’t be denied is Richard Heart’s willingness to defend Hex from accusations of being a scam token. December 2021 will mark two years since Hex’s launch. To this day, it continues to divide opinion with media outlets generally holding a negative view. Heart is an active participant …
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In what is seen as a boost for Mirror Trading International (MTI) investors, United States investigators are said to have joined the probe into the collapsed bitcoin scheme. According to a report, the U.S. investigators’ goal for joining this probe is to help “recover the assets of out-of-pocket investors.” FBI Interest Confirmation of the U.S. …
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