MicroStrategy’s Bitcoin holdings close to $3 billion after buying $177m worth of bitcoins

MicroStrategy is one of the largest corporate holders of Bitcoin, and the company has now added more bitcoins to its balance sheet. MicroStrategy purchases $177 million worth of bitcoins MicroStrategy has announced earlier today...

Bitcoin bulls aim for $50K ahead of Friday’s $675M BTC options expiry

$675 million in BTC options expire this Friday and derivatives data suggests that bulls are favored to increase their control of the market. On Friday, Aug. 13, a total of $675 million worth...

Binance ends South Korean Won trading pairs and payment options

The changes to Binance’s operations continue, and this time it is in South Korea. Binance discontinues Korean Won trading pairs Leading crypto exchange Binance announced earlier today that it had discontinued Korean Won trading...

Kryptoin files for an Ether ETF with the US SEC

Delaware-based Kryptoin Investment Advisors has joined the ranks of other crypto ETF hopefuls by filing an Ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). ETF would be listed on the Chicago...

This is why SushiSwap did not scale on Optimism

SushiSwap announced why it chose Arbitrum over Optimism as its decentralized exchange’s Layer 2 scaling solution. Uniswap was given the opportunity to launch first CTO of SushiSwap Joseph Delong claims that Optimism gave preference to Uniswap,...

Valkyrie files for a Bitcoin futures ETF with US SEC

The number of cryptocurrency ETF applications with the United States SEC continues to increase as the market gains more popularity. Valkyrie files for a Bitcoin futures ETF Asset management firm Valkyrie has filed...
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Galaxy Digital set to acquire BitGo for $1.2b in stock and cash

Galaxy Digital is one of the leading companies in the cryptocurrency space. The firm wants to expand its services by acquiring BitGo, one of the leading independent digital assets infrastructure providers. Novogratz’s Galaxy...

Bitso exchange raises $250m to reach a $2.2b valuation

One of the easiest ways for companies to expand their operations and provide better services is through fundraising. Bitso, one of the leading crypto exchanges in Latin America, has raised $250 million...

LarvaLabs begins Meebits, its third NFT project

Nonfungible tokens (NFTs) have become an exciting field in the cryptocurrency and blockchain space. The rate of development and adoption of NFTs has been massive. Many companies in the play are expanding...

Accenture partners with Digital Dollar Foundation to conduct CBDC trials

Countries are ramping up efforts to develop central bank digital currencies (CBDCs). They are sometimes doing so with the help of some leading companies in their countries. Accenture is set to carry...

Auction house Sotheby’s to accept BTC and ETH via Coinbase

Leading auction houses have been auctioning and selling nonfungible token (NFT) artworks in the past few months. They are now going a step further by accepting cryptocurrencies as payment for their artworks. Sotheby’s...

Massive overdemand for crypto broker Safello’s IPO

Cryptocurrency companies have experienced a surge in business in the past few months, thanks to Bitcoin and other leading coins racing to new all-time highs. As a result, some of the companies...

EU-Based Bitstamp exchange officially develops in the US

Over the past year, the growth of the crypto market has prompted several companies to enter the market and the existing ones to expand their services. Bitstamp is the latest cryptocurrency company...

Weekly Analysis – pt.1

Market Sentiment Last week, the market was dipping, and the sentiment was in Fear. We mentioned that these was a few unique opportunities where the market gives participants a chance to enter on an...

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