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Mercadolibre Gets Closer to Crypto With Investments in Paxos and Mercado Bitcoin
24.1.2022
Mercadolibre, one of the biggest Latam-based unicorns, has announced strategic investments in two cryptocurrency exchanges: Paxos and Mercado Bitcoin. With these investments, the platform gets closer to cryptocurrency, having already bought bitcoin as a direct investment for its treasury,...
NFTs and DeFi overturn a banker's generational curse of poverty in 2 years
22.1.2022
"When I started, I almost gave up multiple times. I just want to help others have a more streamlined way to get into crypto," said Brenda Gentry, a former USAA mortgage underwriter
SEC rejects MicroStrategy's Bitcoin accounting practices: report
21.1.2022
The business intelligence firm has reported it used non-GAAP methods of calculating figures for its BTC buys excluding the “impact of share-based compensation expense and impairment losses and gains on sale from intangible assets."
Report: A16z to Raise $4.5 Billion for Crypto Investments
21.1.2022
A16z, a leading VC company in crypto, is reportedly ramping up its investments in the field this year. The company is said to be looking for $4.5 billion to invest in different cryptocurrency-related funds. This amount more than doubles the entire amount the company invested in crypto last year....
Argentinian e-Commerce Giant Invests in Mercado Bitcoin and Paxos
21.1.2022
Argentine-headquartered ecommerce giant Mercado Libre invested in Mercado Bitcoin and Paxos as it aims to boost its presence in the cryptosphere, as well as digital asset development and adoption in Latin America....
Read More: Argentinian e-Commerce Giant Invests in Mercado Bitcoin and Paxos
SEC rejects Skybridge's application for spot Bitcoin ETF
20.1.2022
The commission rejected a rule change allowing listing and trading shares of the First Trust SkyBridge Bitcoin ETF Trust, citing similar reasons for disapproving Bitcoin spot ETFs from VanEck in November and WisdomTree in December
Canadian Bitcoin platform Shakepay raises $35M in Series A funding
20.1.2022
Bitcoin startup Shakepay raised $35 million ($44 million CAD) in Series A funding round, valuing the company at $251 million
BlockFills raises $37 million to support global expansion
20.1.2022
Since its inception in 2018, the firm has received a total of $44 million from institutional investors in two funding rounds
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
20.1.2022
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential...
Canadian restaurant chain reports earning 300% gains on BTC investment to weather pandemic
19.1.2022
“We keep a working capital for about three to six months in cash, and then the rest all goes into Bitcoin,” said co-owner Aly Hamam
Crypto IRA iTrustCapital raises $125M, pushes valuation over $1B
19.1.2022
The company said it planned to use the funds for expanding its existing product and service line in addition to exploring strategic acquisitions
Bearish sentiment may soon abate according to Coinshares and Bitcoin metrics
19.1.2022
Despite last week’s institutional Bitcoin outflows of $55 million, negative sentiment could be on the wane
Russian Orthodox Patriarch is not a Bitcoiner, church clarifies
19.1.2022
A video emerged claiming that the leader of the Russian Orthodox Church was blessing financial investments
Early birds: U.S. legislators invested in crypto and their digital asset politics
18.1.2022
United States lawmakers remain underinvested in crypto, but this is likely to change in 2022
New Spanish Regulations to Target Crypto Investment Ads
18.1.2022
As part of regulations that are set to become effective in mid-February, crypto-asset investment promoters will be required to inform the Spanish securities watchdog of the contents of any ad that targets over 100,000 people. 10-Day Advance Notice Rule The Spanish government has tasked...
Australian Regulator Warns Against Investing Retirement Funds in ‘High Risk’ Crypto-Assets
18.1.2022
An Australian regulator has warned residents seeking to self-manage their retirement funds to be wary of investing in crypto-asset investments that promise high returns in a short space of time. The regulator reiterates in the warning that crypto-assets are a high-risk and speculative investment....
25% of US Adults Plan to Start Investing in Crypto, Survey Shows
17.1.2022
A U.S. consumer survey shows that 25% of respondents who currently do not own cryptocurrency plan to start investing in crypto. “2021 was a good year for crypto. Of the respondents that own crypto, more than half reported that they had just started investing in the space within the last...
Fidelity Expects More Countries to Acquire Bitcoin Citing ‘Very High Stakes Game Theory’
17.1.2022
Fidelity expects more sovereign nation states, or even a central bank, to acquire bitcoin this year. “There is very high stakes game theory at play here, whereby if bitcoin adoption increases, the countries that secure some bitcoin today will be better off competitively than their...
Boxing Legend Mike Tyson Says He’s ‘All in’ on Solana Crypto — Asks Fans How High SOL Will Go
17.1.2022
Boxing legend Mike Tyson, aka “Iron Mike,” says he is “all in on solana.” He is now asking his Twitter followers how high the price of the cryptocurrency SOL will go. Mike Tyson Asks How High the Price of Solana Will Go Mike Tyson, one of the greatest heavyweight boxers...
Rio De Janeiro to Invest 1% of Its Treasury in Cryptocurrency
16.1.2022
Rio de Janeiro, one of the largest cities in Brazil, will invest part of its Treasury in cryptocurrencies. The announcement was made by the mayor of Rio, Eduardo Paes, during Rio Innovation Week. The plan is to turn the city into a cryptocurrency-friendly hub, and there are other tax incentives...