Bitcoin is holding $60K — Here’s why it’s important

A Binance spokesperson told Cointelegraph that they hired 600 people since January and have no imminent plans for layoffs. 36 Total views 1 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Binance has confirmed it is “not planning any layoffs” and is trying to fill another 500 roles by…

The monster raise might be an indication that Pantera’s ambitions are inflating in lock-step with Bitcoin’s rising price. 1166 Total views 12 Total shares In a filing with the SEC yesterday, Bitcoin hedge fund giant Pantera Capital announced an equity offering of up to $134 million — among the largest capital fundraising efforts in the…

On Thursday, April 2, Bitcoin (BTC) price continued the rally it started in the late evening on Wednesday. As reported earlier by Cointelegraph, Bitcoin price briefly consolidated around $6,650 before breaking out to tackle the $6,900 resistance and as predicted in a previous analysis, the price quickly rose to $7,200 before pulling back sharply. Crypto market daily…

The total crypto market capitalization has been stuck roughly between $240 billion and $280 billion for about two months. This range-bound action suggests that cryptocurrencies are waiting for a trigger to propel the market cap higher. As the saying goes, the longer the consolidation, the stronger  the eventual breakout from it will be. Daily cryptocurrency market…

AI startup Infinite Reality has bought the former music-sharing platform Napster with plans to add a music-focused metaverse to the music-streaming app. Artificial intelligence startup Infinite Reality has acquired the music-pirating app turned music streaming service Napster in a $207 million deal and plans to add a music-focused metaverse.  Infinite Reality said in a March

Korean pop music giant SM Entertainment revealed plans to build its own cryptocurrency and blockchain in partnership with tech organization CTIA Labs.CT-AI Labs CEO Sang-Sik Joo announced the initiative at the developer conference of South Korean crypto exchange UpBit, local IT news outlet ITChosun reported on Sept. 4.Joo noted that they are currently discussing the…

The CEO of pioneering digital bank Avanti Bank & Trust, Caitlin Long, has predicted the upcoming Coinbase IPO will force regulators to provide clarity to the crypto sector. Caitlin Long, founder of Wyoming-based digital asset bank, Avanti Bank & Trust, has predicted Coinbase’s upcoming IPO will be a “watershed moment” for cryptocurrency regulation.Speaking alongside SEC…

Binance CEO hinted at staking Tezos (XTZ) as the major crypto exchange listed the cryptocurrency for trading on its platform.XTZ deposits are now liveOn Sept. 23, Binance officially announced the listing of Tezos, launching three new trading pairs featuring the major cryptocurrency Bitcoin (BTC), top stablecoin Tether (USDT) and Binance’s native token Binance Coin (BNB).Following…

Global payments giant PayPal could indeed be developing a crypto-based solution, this document shows. 2900 Total views 31 Total shares PayPal has confirmed that it is developing capabilities in the cryptocurrency space, according to a letter to the European Commission.Originally submitted on March 20, the document was intended as a response to the European Commission’s…