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PayPal Mafia Goes Full USD Bear Jacket: What Does it Mean for Crypto (Opinion)

Palantir says it’s preparing for a black swan event with its massive gold purchase this month. Bloomberg reports the company also accepts bitcoin and gold as payment, but no one…

Continue ReadingPayPal Mafia Goes Full USD Bear Jacket: What Does it Mean for Crypto (Opinion)

MicroStrategy Acquires Nearly 4,000 Bitcoin for $177 Million

The US-based NASDAQ-listed business intelligence company MicroStrategy continues with its bitcoin acquisition spree, as the company recently purchased over 3,900 BTC. Consequently, the firm now holds nearly 109,000 bitcoins in…

Continue ReadingMicroStrategy Acquires Nearly 4,000 Bitcoin for $177 Million

Blockstream Raises $210M: The $3.2B Company Will Expand into Manufacturing Mining Chips

The valuation of the company has risen above $3 billion after completing the Series B round in which some of the participants included iFinex and Baillie Gifford. Blockstream aims to…

Continue ReadingBlockstream Raises $210M: The $3.2B Company Will Expand into Manufacturing Mining Chips

Cardano chalks a bearish wedge as ADA price soars by over 100% in Q3

The bearish outlook appears also as Cardano's daily relative strength index (RSI) reflects overbought sentiments. However, euphoria surrounding Cardano's smart contracts launch and its mild correlation with Bitcoin keeps the…

Continue ReadingCardano chalks a bearish wedge as ADA price soars by over 100% in Q3