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“# For sports fans, DOGE is starting to look like crypto’s real MVP ” In addition to its increasing attention from investors, Dogecoin appears to have found a niche following among sports fans. Speaking to Cointelegraph, Dallas Mavericks basketball team owner Mark Cuban said that the people had “taken control of DOGE,” as evidenced by…
“# Bitcoin miners’ revenue rebounds to $60M per day — Is the bull run about to resume? ” Bitcoin (BTC) miners collected $60 million on a thirty-day average timeframe as of May 5, showing the first signs of recovery after last month’s severe revenue drop that followed mass miner outages in China’s energy-rich provinces. In…
“# Bitso reportedly becomes Latin America’s first billion-dollar crypto exchange ” Mexican cryptocurrency exchange Bitso has concluded a $250 million Series C capital raise, putting it in the upper echelons of Latin America’s fintech industry. The latest investment round gives Bitso a total value of $2.2 billion, making it the first Latin American cryptocurrency exchange…
“# Galaxy Digital to acquire crypto custodian and services provider BitGo ” Galaxy Digital, a crypto and blockchain-focused financial services and investment manager founded by Mike Novogratz, is set to acquire institutional crypto custodian service and wallet operator BitGo. According to an announcement on May 5, Galaxy Digital Holdings will pay $1.2 billon in stock…
“# Three reasons why the ‘other Ethereum’ has pumped 130% in the last week ” Ethereum Classic (ETC) continues to maintain its parabolic price action advance that began in late March. Data from crypto market aggregator Coingecko shows ETC is up almost 50% in the last 24-hour trading period as of the time of writing….
“# Investment app Betterment still not ready to offer crypto services, says CEO ” Betterment, a major financial advisory company providing robo-advising and cash management services, has not yet decided whether it will introduce cryptocurrencies to its platform. Betterment is still researching a potential expansion of its services to inclue digital assets like Bitcoin (BTC),…
“# Jim Cramer still owns ‘a lot’ of Ether he first bought for an NFT auction ” In the latest sign that crypto continues to filter through into the mainstream, CNBC host Jim Cramer has spent the week discussing the large quantity of Ether (ETH) he holds. On CNBC’s Squawk Box on May 4, Cramer…
“# Swedish crypto broker’s IPO oversubscribed by 1,200% ” Safello, a Stockholm-based cryptocurrency brokerage, is seeing massive demand from investors for its upcoming initial public offering on the Nasdaq First North Growth Market. The company said Wednesday that its planned IPO was oversubscribed by 502 million Swedish krona ($59.3 million), up 1,240% from the planned…
“# 40% intend to use crypto for payments in the next year: Mastercard survey ” A survey by credit card giant Mastercard has revealed that four in ten people plan to use cryptocurrency for payments within the next year. The survey, published on May 4 and titled ‘Consumer Appetite for Digital Payments Takes Off’, polled…
“# Four crypto veterans pledge to give at least 1% of their wealth to charity each year ” Four crypto and blockchain veterans have joined Founders Circle, an industry group supporting The Giving Block’s new crypto-focused charity drive. The “Crypto Giving Pledge” encourages cryptocurrency investors and businesses to donate at least 1% of their holdings to…