Michael Saylor’s MicroStrategy now holds a staggering 109,000 Bitcoin August 24, 2021 MicroStrategy – the world’s first PLC to hold Bitcoin – has added to its crypto-heavy balance sheet with the purchase of a further 3,907 Bitcoin.
BlackRock backed crypto mining company sees record Q2 results August 24, 2021 Nasdaq-listed Riot Blockchain saw mining revenue surge to $31.5m in Q2 of 2021, up 1,540 per cent compared to the same period last year. Shareholders, including asset management giant BlackRock which has a 6.6 per cent stake in the company, were treated to record net income of $19.3m or $0.22 per share. The results made [...]
Surging DeFi adoption driven by experienced traders August 24, 2021 New data from Chainalysis has revealed that DeFi adoption is being driven by experienced traders looking for new high value opportunities. The company’s Global DeFi Adoption Index found that high-income countries were leading the way for grassroots DeFi adoption. The US topped the index with China and the UK also making it into the top [...]
Bitcoin stalls at $50k as Cardano continues march August 24, 2021 After a big weekend, Bitcoin yesterday hit a wall at the psychologically-important $50k resistance level.
Surging DeFi adoption driven by experienced traders – CityAM : CityAM August 24, 2021 New data from Chainalysis has revealed that DeFi adoption is being driven by experienced traders looking for new high value opportunities. The company’s Global DeFi Adoption Index found that high-income countries were leading the way for grassroots DeFi adoption. The US topped the index with China and the UK also making it into the top [...]
Crypto rebound: Bitcoin jumps past $50k for the first time since May August 24, 2021 Bitcoin rose above $50,000 last night, for the first time since May, as a rally gathered momentum. Watch the full report.
Bitcoin: PayPal jumps on the crypto bandwagon August 23, 2021 PayPal will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday. Watch the full report.
Visa enters the NFT market with CryptoPunk purchase August 23, 2021 Payments giant Visa has made a splash in the NFT market with the purchase of a collectable CryptoPunk avatar. Last week, Visa snapped up one of only 3,840 female CryptoPunks for just shy of $150,000 (£109,363). The avatar featured green clown eye makeup, red lipstick and a mohawk adding to its rarity. Cuy Sheffield, head [...]
Bitcoin moves past $50,000 after US Treasury extends olive branch August 23, 2021 Data from CryptoCompare shows that the price of Bitcoin moved upward throughout the week, despite enduring an initial drop to the $44,000 mark.
Deloitte: digital assets seen as strong fiat alternative August 23, 2021 Deloitte’s Global Blockchain Survey 2021 has revealed that digital assets are becoming a major priority for the financial services industry (FSI). The survey, which polled a sample of 1,280 respondents worldwide, found that 76 per cent of respondents thought that digital assets will be “a strong alternative to or replacement for fiat currencies in the [...]