Crypto exchange Kraken’s revenue doubled in 2024 to $1.5 billion

California-based and crypto-friendly financial firm Social Finance — SoFi — is acquiring the digital payment platform Galileo.In an April 7 press release, SoFi announced that it has signed an agreement to pay $1.2 billion for Galileo Financial Technologies. According to a CNBC report, the payment will consist of $75 million in cash, $875 million in…

Omise Holdings, parent company of OmiseGo, now goes by the name SYNQA. 1754 Total views 39 Total shares Asian fintech company Omise Holdings, now goes by the name SYNQA. "Forging into 2020, this new corporate identity reinforces their position as a holding company with a portfolio of companies and as the go-to partner in Asia for all…

Binance Coin (BNB) holders enjoyed a 1,760% rally from $37 to $692 between January and May 2021, but as is customary in crypto, this surge was followed by a 69% correction two weeks later. From there, it’s been a bit of a rough patch to regain investors' confidence and BNB failed to produce another all-time high…

A growing precision in the amount of decimals for Bitcoin (BTC) points to decreasing usage as a unit of account. This is one of the conclusions of a Jan. 27 report by BitMEX Research, which analyzed transaction outputs for the past decade.The report evaluated a total of 1.3 billion outputs, amounting to 5.4 billion BTC…

If there’s anything to take away from this federal class-action suit, it’s that this new opinion on ATB Coin provides further guidance on when a token might be considered a security under securities law in the United States.For those with a legal background, this piece is set up in a similar way to a case…

Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings. 

Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take.However, Charles Edwards, founder of Capriole Investments, believes that Bitcoin’s (BTC) current price presents a low-risk long-term buying opportunity. Edwards’ view is based on Bitcoin’s production cost and energy value.Capriole Investments energy value

Bitcoin (BTC) price continues to inch closer to $10,000, rallying 5.68% to reach $9,600 on May 28. After breaking out of the falling wedge pattern on Wednesday night, the top ranked cryptocurrency on CoinMarketCap pushed through $9,350, a level traders expected to present resistance and made a beeline for $9,500. Today’s rally brings Bitcoin price back…