The Free TON–Dune Network merger represents one of the first decentralized M&A deals. Free TON, a community-driven blockchain promoting decentralized self-governance and freedom of speech, has acquired Dune Network through a community merger mechanism that was recently approved by both camps. An amended Dune community partnership proposal filed in January was approved on Tuesday, bringing…
Read more
Hanwha Investment and Securities reached an agreement to buy 2.06 million shares from Upbit operator Dumanu. South Korean conglomerate Hanwha Group is reportedly acquiring a stake in the parent company of major local cryptocurrency exchange Upbit. Hanwha Investment and Securities, the securities brokerage arm of Hanwha Group, has reached an agreement to buy a 6.15%…
Read more
After launching a crypto debit card in the U.S., Uphold is planning to roll out a multi-asset crypto card in Europe in April 2021. Uphold, an American digital wallet and trading platform, has acquired European card issuer Optimus Cards UK Limited to launch a cryptocurrency-enabled card on the continent. According to a Feb. 2 announcement,…
Read more
On Jan. 22, an attacker shot two employees at a cryptocurrency and gold exchange in the Polish city of Olsztyn, escaping with over $120,000 in gold. Polish police have detained a suspect in an armed attack on FlyingAtom, a cryptocurrency and gold exchange in the city of Olsztyn in northeastern Poland. The incident, which occurred…
Read more
Bitcoin bulls pushed BTC price through a key resistance level just a few hours after Ethereum closed above $1,500. On Feb. 2 Ether (ETH) saw its price breakout to a new all-time high at $1,555 as increased activity in the derivatives market provided clear signals that traders were bullish on the long-term prospects of the…
Read more
Lucrative DeFi investing opportunities and increasing participation from institutional investors are driving the amount of Bitcoin and Ethereum held on exchanges to new lows. Recent global developments have put a spotlight on the cryptocurrency sector as people across the world begin to question the decision making process of governments and central banks. Multiple metrics like…
Read more
Google trends reveal a huge spike in “buy crypto” searches, a possible precursor to wider retail adoption. “Buy crypto” searches on Google surged to all-time highs in January, far exceeding the previous peak of early 2018, according to cryptocurrency analytics company The Tie. Relative search interest for the term “Buy Crypto” is at all-time high…
Read more
Data shows 99.5% of the neutral-to-bearish Ether put options will become worthless above $1,360, leaving bulls with a significant advantage for the foreseeable future. After marking a new $1,477 high on Jan. 24, Ether’s (ETH) price was shaken down to $1,206 on Jan. 27. But according to derivatives markets, bulls remain confident that $2,000 is…
Read more
Gemini’s new interest-earning program allows customers to earn interest on 26 crypto assets supported by the platform. Gemini cryptocurrency exchange has launched an interest-earning program for customers in the United States. Dubbed Gemini Earn, the program lets customers earn up to 7.4% annual interest on all cryptocurrencies supported by Gemini, the firm announced Tuesday. The…
Read more
While Bitcoin trades sideways, the price of silver rushed to a 7-year high and XRP surprised new investors with a sharp 50% sell-off. Bitcoin (BTC) price spent the day trading in a tight range between $32,000 and $34,000. At the time of writing, the digital asset is pinned below the descending trendline resistance and each…
Read more
