Solana memecoin trader turns $160 into $5.6M with viral token
Onchain data shows that the trader holds 9.62 million CHILLGUY tokens, worth about $5.6 million at current market prices.
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Russia’s largest bank joins blockchain trade finance platform
The Swiss arm of Russia’s largest bank is exploring blockchain-based trade finance. A subsidiary of Russia’s largest bank, Sberbank, has joined a blockchain-based platform for commodity trade finance.Sberbank Switzerland AG has signed an agreement with Swiss trade finance platform Komgo to apply its blockchain-powered trade finance service.Representatives from Sberbank Switzerland AG told Cointelegraph that the…
Bitcoin whale clusters pinpoint critical levels BTC must hold to rally
Bitcoin (BTC) whale clusters point toward three critical price levels to maintain a bullish market structure in the near term.Whale clusters form when large investors purchase Bitcoin and do not move it, making it an unspent transaction. These clusters typically indicate where crucial support levels exist and the logic is that BTC needs to maintain…
Bitcoin all-time high at $76.8K is just the beginning, according to data
Bitcoin price hit a new all-time high above $76,850, and multiple data points suggest that the rally has room to run higher.
Overstock Files Blockchain-Based Stock Registration With SEC
Online retail giant Overstock filed an S-3 form for the registration of its blockchain-based digital preferred stock with the United States Securities and Exchange Commission (SEC).The news builds on previous reports that the firm was looking to liberalize its planned digital dividend shares trading.Investment news outlet MarketWatch reported on Sept. 24 that Jonathan Johnson, Overstock’s…
Bitfinex Lists Dogecoin After TikTok Fad Sends DOGE Price Over $0.005
Dogecoin sees fresh gains before correcting to $0.004 as Bitfinex appears to capitalize on TikTok excitement. 1181 Total views 26 Total shares Major cryptocurrency exchange Bitfinex is listing Dogecoin (DOGE) as excitement around the meme-based altcoin keeps mounting.In a Twitter announcement on July 10, Bitfinex said that deposits were already available and that it would…
MyEtherWallet Latest to Enter DeFi Arena With Integration on Aave and Ren
Ethereum’s oldest user-friendly wallet is staking territory in DeFi. MyEtherWallet is expanding its integrations with decentralized finance through its dedicated wallet communication tool, MEWconnect.On Thursday, the project announced an integration with Aave and Ren, which marks the first time that third parties are using the MEWconnect technology. MEWconnect is a wallet linking system developed specifically for…
Square Lowers Its Q1 Estimates by $800M Despite Bitcoin Success
Square’s Bitcoin (BTC) revenue continues to grow, even as the popular payments app lowers its first-quarter revenue estimates by $800 million due to the coronavirus crisis.According to a company announcement on March 24, COVID-19 was not a factor in the company’s growth until around 10 days ago:“While the beginning of March was relatively in line…