Following the adoption of bitcoin as the country’s second legal tender, El Salvador’s government is discussing if companies would pay their employees in bitcoin. In a tweet by a local radio station 107.7 Fuego on Tuesday (June 15, 2021), three government ministries were considering the possibility of companies’ workers receiving their wages in BTC. This...Read More
Bitcoin Price May Hit $50,000 Soon Bitcoin price after multiple rejections at $40,000, successfully ranged above these levels and held an upper hand above $41,000. The BTC price appears to be very volatile and hence a pullback might be on the corners. Advertisement However, despite the pullbacks, the price after clearing the barriers at $40,000...Read More
[PRESS RELEASE – Singapore, Singapore, 15th June 2021] After the successful STAK token sale, Lemonade to hold its first IDO launch, DePo on June 17, 2021Lemonade, a DeFi token launchpad governed by the Jigstack DAO, is excited to announce the IDO of DePo. The DePo whitelist process starts June 17, 2021, whereas the public sale...Read More
[PRESS RELEASE – Tallinn, Estonia, 15th June 2021] PARSIQ, the blockchain monitoring, and workflow automation platform has raised a $3M Series A round from leading venture investors in the cryptocurrency ecosystem. The round was backed by Solana Foundation, with additional participation from, Mindworks VC, Axia8 Ventures, Krypital Group, CoinUnited, Transfero Swiss, Elevate Ventures, Sanctum Ventures...Read More
‘Buy Ethereum If It Breaks These Levels’ Ethereum price is showing some indications of a strong bull run approaching very fast. The price after a great brawl pierced above $2500 levels in the past trading hours. However, the price movements in the recent past suggested a slight pullback was quite possible. To everyone’s surprise, the...Read More
Michael Saylor’s initiative to continue buying more and more bitcoins makes no sense, argued the full-time BTC basher – Peter Schiff. Following the latest development coming from MicroStrategy, in which the company outlined plans to allocate another $1 billion in the asset, the prominent economist called Saylor “truly insane.” Schiff to Saylor: Truly Insane If...Read More
[PRESS RELEASE – Please Read Disclaimer] Solanax, a Solana-based DeFi protocol is currently conducting a private token sale that ends on the 25th of June. They are also aiming to proceed with an initial exchange offering (IEO) that is set to commence on the 28th of June. Solanax went live recently with their automated market...Read More
Large hedge funds expect to increase their cryptocurrency holdings to 7% in five years, a recent survey conducted by the Financial Times concluded. This comes after the increased involvement from prominent names like Stan Druckenmiller, Paul Tudor Jones III, SkyBridge Capital, and more. Hedge Funds to Increase Crypto Holdings It’s safe to say that 2020...Read More
U.S. business intelligence firm MicroStrategy revealed plans to sell it Class A common stock for as much as $1 billion, with part of the proceeds possibly used for making more bitcoin purchases. Another Major Bitcoin Purchase? In a document filed with the U.S. Securities and Exchange Commission on Monday (June 14, 2021), MicroStrategy stated that...Read More
[PRESS RELEASE – Bucharest, Romania, 14th June 2021] Bware Labs, a startup developing a decentralized API platform that aligns incentives between end-users and node providers, has released the MVP, or functional prototype, of their platform to the public. Users can now set up a dedicated node endpoint with just four clicks, obtaining access to blockchain...Read More
The billionaire owner of the Dallas Mavericks has gone big into crypto and DeFi. In a blog post titled “The Brilliance of Yield Farming, Liquidity Providing, and Valuing Crypto Projects,” he has simplified the process of liquidity provision and yield farming. DeFi yield farming exploded onto the scene in mid-2020 when the Compound Finance protocol...Read More
