There’s no reason not to hold Bitcoin for 100 years, Michael Saylor says

Michael Saylor, CEO of business intelligence firm MicroStrategy, has staunchly defended the company’s bullish, long-term Bitcoin (BTC) position based on its unique potential to evolve into “the future of the property.” In an interview with Bloomberg TV, Saylor argued that MicroStrategy’s big bet on Bitcoin, which it has turned to the debt markets to sustain, …

Is Amazon Planning to Accept Crypto?: Here’s What We Know So Far

Rumors are circulating that Amazon could adopt crypto. Amazon, however, has denied those rumors. Last month, rumors emerged suggesting that Amazon will accept crypto payments. Meanwhile, Amazon itself has denied most speculation. Here’s what we know so far. In late July, Amazon published a new job posting that indicates the company plans to hire a …

These Four Low-Cap Altcoins Are All Up Over 90% or More in Just Seven Days

Four low-cap crypto assets are surging, up 90% or more over the course of one week. As Bitcoin recovered this past week and summited $40,000 again, four altcoins jumped wildly in price, coming off their recent lows. ADVERTISEMENT   The first crypto asset making a strong rally is blockchain-as-a-service provider Ardor (ARDR), which holds a …

Betting on tax bill FUD: 5 things to watch in Bitcoin this week

Bitcoin (BTC) is at a crossroads as it starts a new week — hovering around $40,000 but with serious headwinds keeping it from bouncing higher. After an impressive weekend that saw highs above $42,500, a comedown saw BTC/USD lose the $40,000 mark. A reversal and consolidation were broadly expected — the pace of gains over …

Former Bitmain CEO Jihan Wu raises fresh capital for new crypto unicorn

Jihan Wu became a prominent name in crypto after co-founding Bitmain Technologies in 2013 and taking it public by 2018. His latest venture, Matrixport, raised new capital to stand at a unicorn-level of $1 billion in valuation.  With the participation of large venture capital firms including Tiger Global, DST Global, C Ventures and K3 Ventures, the Series …

Cash App’s quarterly Bitcoin revenue triples despite BTC impairment loss for Square

Jack Dorsey’s Square has reported a 200% increase in Bitcoin revenue for the second quarter year-on-year (YoY). The company announced the impressive earnings figures in its second-quarter shareholder letter on August 1. In the report, Square revealed its total gross profit grew 91% YoY to $1.14 billion. Bitcoin services drove $2.72 billion in revenue for …

DHedge scales up on Polygon, integrates with SushiSwap

Decentralized asset management protocol, dHEDGE, has launched its V2 deployment on Polygon. The new platform also boasts an integration with popular decentralized exchange, SushiSwap. Speaking exclusively to Cointelegraph, dHEDGE’s Henrik Andersson highlighted v2’s new Guarded Open Access Transactions (GOAT) framework — which enables v2 users to access whitelisted DeFi DApps whitelisted by the dHEDGE decentralized …

Nigerian crypto adoption rises despite govt crackdown

Nigerian cryptocurrency adoption continues to rise in spite of government crackdown, with peer-to-peer (P2P) trade volume for Bitcoin posting its second strongest week on record last month. According to data from Google Trends, Nigeria still ranks number by search interest for the keyword “Bitcoin” as of this writing. P2P Bitcoin trading denominated in the Nigerian …

These Four Charts Show Ethereum’s ‘Ridiculous Growth’ in Six Years: Crypto Veteran Spencer Noon

Crypto veteran Spencer Noon is analyzing what he believes to be the “ridiculous growth” of Ethereum (ETH) over the last six years. Noon is sharing four charts on ETH with his 71,800 Twitter followers. The first chart indicates that the annual transactions on the ETH network grew from nearly zero in 2015 to over 300 …

Ripple Resolution With SEC Not Coming Anytime Soon, Says Legal Expert – Here’s Why

Legal expert James K. Filan says XRP investors shouldn’t expect a settlement in the lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC) anytime soon. In a tweetstorm, the defense lawyer and former federal prosecutor says it looks like the government is showing no sign of giving up. ADVERTISEMENT   In addition, Filan …

Top 5 cryptocurrencies to watch this week: BTC, UNI, LINK, SOL, XMR

Bitcoin’s (BTC) 43% rally from $29,482.61 on July 21 to $42,316.71 on July 30 has invigorated the bulls who had been sitting on the sideli. After the sharp rise, some analysts are debating whether Bitcoin could repeat its sharp bull run seen in 2013 and 2017. Vailshire Capital founder and CEO Jeff Ross highlighted that …

Top Trader Flips Bullish on Bitcoin, Says He’s Accumulating As Much BTC As He Can – Here’s Why

A pseudonymous crypto trader and analyst is changing his Bitcoin (BTC) outlook as the top cryptocurrency hits $42,000. The crypto trader, known as Cantering Clark, has changed his neutral-to-bearish stance on Bitcoin in a matter of days as bulls maintain control of the BTC market. ADVERTISEMENT   Cantering Clark says Bitcoin continues to flash signs of …

Prominent Analyst Outlines Key Bullish Levels for Bitcoin, Chainlink and One Low-Cap Altcoin

Popular crypto analyst Josh Rager is outlining the key bullish levels for Bitcoin, Chainlink and one low-cap altcoin. The crypto veteran tells his 179,600 Twitter followers that Chainlink might be flashing signals of a potential rally that breaks the $26.50 level. ADVERTISEMENT   “If price gets a pullback soon, would like to buy a potential …

Paid to Play in the Metaverse – the Crypto-Based Future of Gaming

HodlX Guest Post  Submit Your Post   From Pong to PlayStation 5, the history of gaming is told through innovations. Certainly, graphical prowess and raw horsepower wow us all, but underneath the glittery sheen of ray tracing at 4K/120fps, there is always something more important to every game: how it plays. True innovation comes when the …

Cardano Launching Connector That Bridges ADA Wallet to Decentralized Applications

EMURGO, a founding entity of Cardano (ADA), announces that it is launching a new platform that will bridge the interaction between ADA users and decentralized applications (dApps) on the blockchain network. In a statement, EMURGO says that it will soon roll out the Yoroi dApp connector that will allow ADA holders to access decentralized applications …

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