Despite $45M Square’s BTC Impairment Loss, Cash App’s Quarterly Bitcoin revenue has Tripled
Digital payment giant Square officially released the Shareholder Letter of Q2 2021 on Sunday. Its financial data for the quarter recorded the quarterly bitcoin revenue...
While GBTC Bitcoin Stacking Slows, Grayscale Accumulates Alternative Crypto Assets
Established in 2013, the firm Grayscale Investments has managed to become the world’s largest asset manager for digital currency. While initially starting with bitcoin, the...
Crypto Platform Matrixport under Bitmain Co-Founder Received $100M in Series C Funding,Valued over $1B
The Singapore-based Digital financial service platform Matrixport led by Wu Jihan, the co-founder of the world’s top Bitcoin mining machine provider giant Bitmain mining, raised...
Germany to Permit Institutional Funds to Invest Billions in Crypto Assets for the First Time
The German administration is set to green-light legislation on Monday, which will permit institutional funds to invest as much as 20% in crypto assets like...
Square to acquire Australian fintech Afterpay in $29B deal
Square will acquire Australian fintech firm Afterpay in a $29 billion stock deal, expecting to close the transaction in Q1 2022....
Wealthfront Adds Crypto Investments to Its Trading Offerings
Wealthfront finally begins offering crypto exposure to its clients. Clients will be able to allocate up to 10% of their total portfolio to the two...
Former Bitmain CEO Jihan Wu raises fresh capital for new crypto unicorn
Matrixport, a part of Jihan Wu’s Bitmain exit strategy, is now valued at over $1 billion in just 2 years....
Betting on tax bill FUD: 5 things to watch in Bitcoin this week
Fresh hurdles to overcome for Bitcoin sentiment come as fundamentals stay solid and $40,000 refuses to go without a fight....
Buda Exchange Starts Requesting Selfie Verification for Withdrawals to New Bitcoin Addresses
Buda, a Chile-based cryptocurrency exchange, has started requesting selfie verification every time a user needs to withdraw funds to a new bitcoin address. This new...
Active Bitcoin Addresses Increase 30%
BTC millionaires also increased their accumulation in the last 7 days....