Financial services firm Square has purchased nearly $50 million in Bitcoin, claiming that the asset “aligns” with the company’s purpose. The enterprise bought a total of 4,709 BTC, which is approximately one percent of […]
The U.K. Financial Conduct Authority’s decision to ban individual investors from speculating on bitcoin and other cryptocurrencies is likely to have a minimal impact, partly because the market is so small, according to analysts and […]
Members of the decentralized finance (defi) community are upset with Yearn Finance founder Andre Cronje over the mishap with Cronje’s secret Eminence (EMN) project. The Eminence protocol gathered $15 million before the project was ultimately […]
On Oct. 7 Cointelegraph reported that top crypto traders had kept a bearish stance since mid-September and at the time the Bitcoin (BTC) long-to-short ratio had reached its lowest level in 10 weeks. All of […]
Last week, Square made mainstream headlines when it was revealed that the firm had bought Bitcoin — $50 million worth of the cryptocurrency. Square is a financial technology giant valued at around $80 billion, though […]
Bitcoin’s price is largely stagnant in the time following its strong move up to $11,400 This consolidation is bullish because it shows that bulls have enough strength to remain in control of BTC’s near-term trend […]
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