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 …
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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 …
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 …
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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 …
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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 …
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 …
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 …
Continue reading “Top 5 cryptocurrencies to watch this week: BTC, UNI, LINK, SOL, XMR”
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 …
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 …
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 …
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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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Bank of America, one of the nation’s largest financial institutions based on total assets, believes El Salvador could have a lot to gain with its latest foray into Bitcoin (BTC). In a report published last week, analysts at the bank said El Salvador’s decision to recognize BTC as legal tender could streamline remittances, promote financial …
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Global payments provider PayPal is in the process of recruiting for several cryptocurrency-related positions at its Ireland offices, further highlighting the company’s ambitions in the rapidly growing digital asset market. The Dublin-based Irish Independent, one of the country’s most popular news outlets, reported Sunday that PayPal is looking to fill various crypto-focused roles in compliance, …
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A popular crypto trader and analyst is mapping out what he thinks is next for Bitcoin, Ethereum and Chainlink as the broader crypto markets continue to rally. The pseudonymous crypto strategist, known as Pentoshi, tells his 202,700 Twitter followers that he’s keeping a close watch on Bitcoin (BTC) as the leading crypto asset looks poised …
The revolution will not be televised — it will be minted. Earlier this year, we saw the meteoric rise (and fall) of nonfungible tokens, or NFTs, in mainstream media and popular culture. We all heard about them, but was the hype real? Top businessmen and media moguls, such as Mark Cuban and Gary Vee, still …
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