Venture capital companies invest record amount of $17 billion in cryptoactive industry

Venture capital funds have already injected $17 billion this year into companies operating in the cryptocurrency sector, according to data from research firm PitchBook. This amount is considered a record in a single year and is almost equal to the sum total of the amounts recorded in all previous years added together, that is, between […]

Bitfinex bears closed their short positions before Bitcoin dropped below $32,000

Bitcoin’s price is still depressed, trading close to $33,000 and stuck in a downtrend that only seems to get worse with each passing day. As prices plummeted, analysts consulted various technical metrics and on-chain data to explain the price collapse, but it’s difficult to pinpoint the exact reason. One area of ​​interest was the sharp […]

Fed president calls Doge a ponzi, we compare the two coins

The president of the Minneapolis Fed called Dogecoin a ponzi scheme. Summary: Neel Kashkari calls Doge a coup and the cryptocurrencies ‘a dump’; We compare the dollar with the dogecoin, are they very different? Neel Kashkari, president of the Minneapolis Fed, made a comment in a LinkedIn post by Paul Grewal – Coinbase’s chief legal […]

Opposition poses constitutional challenge to El Salvador’s Bitcoin law

El Salvador’s grand plans to promote Bitcoin adoption could be turned upside down if President Bukele’s Bitcoin law is proven unconstitutional in the country’s courts. A group of citizens joining forces with the Farabundo Martí National Liberation Front (FMLN) political party has filed a lawsuit alleging that President Bukele’s Bitcoin adoption program is unconstitutional. FMLN […]

Federal Government to unite Brazil using blockchain

The Federal Government, through the Secretariat of Digital Government (SGD) is studying using a blockchain system as a link connection to public and private databases generating a mega information sharing system. According to information shared with the Cointelegraph, as part of the new strategy, the government plans to use the blockchain to enable the interoperability […]

‘Bitcoin is on a tightrope and either it is above US$ 30,000 or it will drop to US$ 13,300’ predicts trader

The mood is not good for Bitcoin (BTC) after the main cryptocurrency in the market failed to sustain its value above US$40ml with positive news such as the adoption of the BTC in El Salvador and the possible resumption of Tesla in accepting the cryptoactive as payment. Soon after reaching the US$ 40,000 mark again, […]

US government is auctioning $377k worth of bitcoin and litecoin

The US government is selling bitcoin and litecoin worth $377,000 through the General Services Administration (GSA). The auction closes at 17:00 on Monday (21), with the possibility of a prolonged closing. The GSA auction has about 9 BTC and 150 LTC The General Services Administration, also known as the GSA, is auctioning a large amount […]

Securitize, supported by Coinbase, guarantees R$240 million in Series B financing

Morgan Stanley has made its first equity investment in the blockchain area, co-leading a BRL 240 million loan for Securitize. According to a release Released this Monday (21), the asset tokenization unit supported by Coinbase completed a Series B round of financing that attracted the participation of investment funds managed by Morgan Stanley Tactical Value […]

Bitcoin hashrate hits 8-month low as Chinese miners shut down

Bitcoin hashrate dropped to its lowest levels since early November, when mining operations in China began to disconnect. Bitcoin’s network hashrate, a measure of its computing power, has dropped 46 percent since its peak in mid-May. According to Bitinfocharts, O hashrate of Bitcoin is currently at 91.2 EH/s (quintillion hashes per second), almost half of […]