Metaplanet buys the dip with biggest-ever 620 Bitcoin buy
Japanese investment firm Metaplanet has purchased $60 million worth of Bitcoin, the largest single BTC buy it has made since it started acquiring the cryptocurrency in May.
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Price analysis 12/30: BTC, ETH, XRP, LTC, BCH, DOT, ADA, BNB, LINK, BSV
On-chain data suggests that high-net-worth individuals continued to buy Bitcoin (BTC) after Christmas. Analysts at Santiment said that smaller traders sold about $647 million worth of Bitcoin and this sum may have been bought up by Bitcoin whales.Data also signals that large investors have been buying and holding their purchases throughout 2020, without booking profits…

Ex-Google Product Manager Joins Multicoin Capital as Investment Principal
Blockchain and cryptocurrency investment firm Multicoin Capital hired a former Google product manager as one of its new investment Principals.In a blog post published on Oct. 1, managing partner Kyle Samani said that Tony Sheng would help secure new deals for the firm while also working with existing portfolio members.Crypto market offers “tremendous alpha”“The crypto…

Thailand Pushes Permissive Regulations as First Legal ICO Is Launched
After initially seeking to ban Bitcoin in 2013, Thailand has since developed a permissive regulatory apparatus for digital currencies and cryptocurrency fundraising methods. Thai financial services firm Seamico Securities recently announced that it has received approval from the country’s Securities and Investments Commission (SEC) to operate its subsidiary, SE Digital, as a regulated initial coin…

Alibaba Signs Blockchain-Related Deal With Chinese Port Operator
The biggest port operator in China joined the e-commerce giant and Ant Financial to strengthen blockchain’s adoption across the port industry. 1349 Total views 44 Total shares China’s biggest port operator, China Merchants Port, reached a deal on May 28 with the e-commerce giant, Alibaba Group, and its affiliate, Ant Financial. This deal will allow…

SEC drops Yuga Labs probe, Trump files NFT marketplace trademark: Nifty Newsletter
Trump-owned company DTTM Operations filed a trademark for “TRUMP” in relation to a metaverse and an NFT marketplace. In this week’s newsletter, the US Securities and Exchange Commission (SEC) has dropped its investigation into the non-fungible token (NFT) company Yuga Labs, a company owned by US President Donald Trump filed trademarks for a metaverse and

SIS International Research Opens Blockchain Consulting Division
SIS International Research, a global market research firm headquartered in New York City, has set up blockchain consulting division called SIS Blockchain.Enterprise blockchain will be vitalAfter two years of consulting clients on blockchain applications in various industries including finance, supply chain and real estate, SIS Research established a separate blockchain consulting team, according to a…

Binance’s US branch lands in Alabama
Alabama crypto enthusiasts now have another trading venue. Binance.US, the regulatory-friendly United States branch of crypto exchange Binance, has added Alabama to its list of approved states. Binance added Alabama to its list in a Sept. 13 announcement, complete with a football graphic as homage to one of the state's favorite pastimes. The announcement also listed steps…

Binance launches Web3 wallet for its 120M registered users
The Binance Web3 wallet has been launched within the primary Binance app, which is predominantly used for trading cryptocurrencies. 170 Total views 2 Total shares Crypto exchange Binance announced the launch of its new Web3 wallet at the Binance Blockchain Week conference in Istanbul, to be made available to all users via the Binance mobile