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Crypto Hedge Fund Looks for $50M to Buy DeFi Tokens Amid Market Pullback

The cryptocurrency money manager Panxora seeks to raise up to $50 million for a new hedge fund to buy digital tokens associated with the fast-growing decentralized finance (DeFi) sector.  DeFi is a segment of the blockchain industry consisting of automated lending and trading platforms that aim eventually to displace banks and Wall Street firms. But in […]

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Bitcoin and Altcoins Recovery Could Face Hurdles

Bitcoin price found support near the USD 10,300 level and started consolidating losses. BTC could recover in the short-term, but upsides might remain capped near USD 10,550 or USD 10,650. The price is currently (08:30 UTC) stuck in a range and preparing for the next move.Similarly, most major altcoins are consolidating losses below key supports, […]

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This New Fed Policy Could Be A Game-Changer For Bitcoin

Sometimes, market moving developments arrive with a bang: A flash-crash, a major earnings report, a ground-shaking geopolitical development. But sometimes, market-moving developments arrive slower: A change in policy that barely ripples the 24-hour news cycle but grows over time to be truly significant. As an investor, there’s not much to gain from the louder news; it is […]

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Bitcoin ATMs Surge By 87% In Past Year To Surpass 10,000 Globally

The total number of Bitcoin ATMs has now passed 10,000 worldwide.According to Norwegian financial services company AksjeBloggen, the number of Bitcoin ATMs (BTMs) has jumped 87% in the past year, from the 5336 recorded in September 2019. In 2020 alone, nearly 3,900 new ATMs were added. Monitoring resource CoinATMRadar shows there are currently 10,014 ATMs […]

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Bitcoin and Altcoins Showing Signs of Upside Continuation

Bitcoin price is gaining momentum and it even spiked above the USD 11,000 resistance zone. BTC is currently (08:30 UTC) correcting lower, but the previous resistances near USD 10,800 and USD 10,650 might provide support in the coming sessions.Similarly, most major altcoins stayed above key supports and recovered higher, including ethereum, XRP, litecoin, bitcoin cash, […]

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This Crypto Startup Takes Bitcoin Advocacy to a Whole New Level

Blockstack’s former head of growth, Patrick Stanley, is launching a complementary crypto company of his own, Freehold.  Much like the former Ripple CTO Stefan Thomas who founded Coil to build services related to XRP, Stanley now runs Freehold as an independent company within the token ecosystem related to Blockstack’s namesake cryptocurrency, STX.   Freehold kicks off today […]

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Rapper T.I. Settles Charges With SEC That He Allegedly Pushed Bogus Cryptocurrency

Rapper T.I. has settled his federal case just days after being charged with promoting a fraudulent cryptocurrency offering. T.I. — real name Clifford Joseph Harris — was accused of selling cryptocurrency tokens via Twitter and encouraged fans to invest in the 2017 FLiK initial coin offering, which he allegedly falsely claimed to be a part-owner of. The […]

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The 10X Potential in Cryptocurrencies Is Only Getting Started

I’ll just say this flat out …This could be the last time we see the world’s largest cryptocurrency at prices this cheap. I can’t guarantee that, of course, but it would not surprise me at all. Less than a month ago, bitcoin hit a 52-week high above $12,300 following a blistering surge from below $9,000 in late […]

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TRON (TRX): CEO Proposes SUN Mining Pools For Bitcoin, Ethereum, Other Altcoins

In a recent announcement, TRON CEO Justin Sun introduced an observation list for the SUN mining pool community. Sun has recently made repeated attempts to attract more investors to TRON’s DeFi sector. This latest announcement probably aims to achieve this goal and will therefore provide more features to TRON users in the future. SUN, the native […]

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