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BOBA price booked a double-digit gain after a $45 million funding round and developer incentive program lured investors back to the network. The institutional adoption of cryptocurrencies has been gaining momentum over the past couple of years due to venture capitalists and money managers looking to the crypto market as the next investment class that...
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The business intelligence firm now owns a total of 129,218 BTC. On Tuesday, enterprise software development firm MicroStrategy announced via a filing with the U.S. Securities and Exchange Commission (SEC) that its subsidiary MacroStrategy acquired 4,197 Bitcoin (BTC) ($190.5 million) between February 15 and Tuesday. MacroStrategy has purchased an additional 4,167 bitcoins for ~$190.5 million at...
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The percentage was marginally higher than those who said they would rather use savings and stocks to meet the same ends. According to a recent survey published by Investopedia, 28% of the U.S. millennials polled said they expect to use cryptocurrency to support themselves in retirement — a figure that was higher than those who...
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NFT projects are connecting culture, gaming and commerce in new ways. Which is why ApeCoin owners are banking on APE’s adoption and future value in the Metaverse. What is it with these sly, funny, but boring looking apes that continue to make headlines? Many collectors argue that it’s less about the image itself and more...
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The tiny nation in the Caucasus accounts for almost 1% of Bitcoin mining and has over $1 million in under regulated crypto turnover monthly. Georgia, the country on the Black Sea, is preparing to regulate its cryptocurrency market. National Bank of Georgia Governor Koba Gvenetadze told The Financial on Monday that the central bank has...
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“The United States must have a plan in place to protect our financial systems from the risks of [El Salvador’s] decision,” said Representative Norma Torres. Two members of the House of Representatives have introduced legislation aimed at mitigating the risks to the United States financial system due to El Salvador adopting Bitcoin as legal currency....
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In terms of adoption and TVL, layer-2 scaling solutions continue to lead the cryptocurrency industry by a wide margin. Hybrid computing platform Boba Network has joined the “crypto unicorn” rankings after raising $45 million in Series A funding, underscoring the investment appeal of Ethereum layer-2 scaling solutions.  The funding round had participation from several crypto-focused...
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“We could be exposed to reputational risks brought by DT service providers created in Singapore, and which provide services relating to virtual assets,” said Alvin Tan. The Singaporean government has approved legislation that will give the Monetary Authority of Singapore, or MAS, additional power to respond to crypto firms doing business outside the country. Records...
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Whales have dumped 178,150 BTC in a five-month period, which amounts to $8.39 billion at current price levels. After a rocky start to the new year, March may finally have set the crypto markets back on an upward trajectory. Back in February, news of the war between Russia and Ukraine created significant opportunities for traders...
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MicroStrategy reveals a fresh BTC buy, but Bitcoin price action is still being held captive by the 200-day moving average. Bitcoin (BTC) fell into the Wall Street open on April 5 after briefly passing $47,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader shows importance of 200DMA for Bitcoin Data from Cointelegraph Markets Pro and...
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