HOGE Announces Collaboration With the DeFi Angels

The Original DeFi Meme Token has joined forces to the DeFi Angels in order to give their project a voice at Capitol Hill during the regulatory conversation. It is no secret that American-based blockchain crypto companies are opposing the D.C. infrastructure bill. This bill could bring about major changes in DeFi’s world over the next few years. An ERC20 […]

U.S. Bitcoin Exchange Founded By Billionaire Sam Bankman-Fried Moves Into Crypto Derivatives

FTX.US is the American affiliate to Sam Bankman-Fried’s global cryptocurrency trading platform FTX International. It believes it can use a similar strategy to its parent company to compete in the highly competitive U.S. market. It will offer clients crypto derivatives. Today, the exchange announced that it has acquired LedgerX LLC, a Commodity and Futures Trading Association-regulated […]

Bitcoin’s biggest public holder MicroStrategy to buy more BTC despite $690 million in impairment losses

MicroStrategy is an enterprise analytics and mobility software company that holds the most bitcoins of all public companies worldwide. It will continue to purchase the digital asset despite reporting impairment losses of $424.8 millions during the second quarter 2021. Since Q3 2020, the cumulative impairment losses have been $689.6 millions. The company owned 105,085 Bitcoins, with a […]

Bitcoin reverses its weekend rally to drop below $40 000 level

Bitcoin fell below $40 000 Monday after climbing to its highest level since May over the weekend. The biggest cryptocurrency lost 4.9% and was currently trading at $39 790 in Hong Kong as of 11:25 AM. Other virtual currencies, including Ether second in rank, also dropped. Analysts believe profit-taking was behind the declines. Vijay Ayyar is the […]