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The decentralized finance or DeFi market saw a steep correction over the last 12 hours as Bitcoin (BTC) was unable to break the $41,000 level. Meanwhile, analysts say that the profits from major DeFi tokens are flowing back into Bitcoin, even though the DeFi market is still lagging behind despite BTC’s recovery over the past week. 1-hour candle DeFi index (Binance). Source: TradingView.com So what’s next for the DeFi market? Both major bluechip DeFi tokens and small market cap cryptocurrencies are struggling to recover against Bitcoin over the weekend. Typical…
To promote Bitcoin to companies, NASDAQ listed MicroStrategy hosted the Bitcoin for Corporations virtual interactive seminar yesterday. The purpose of the event is to share advice on how companies can buy BTC as a treasury strategy. According to MicroStrategy CEO Michael Saylor, the first day was a resounding success, with over 1,400 firms taking part. Day 2 continues today, with the focus of discussion on vendors presenting to the attendees. Bitcoin as a Hedge Against Uncertainty MicroStrategy hit the headlines in August 2020 as the first public listed firm to…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Happy New Year. On this episode of Exodus Crypto News we take a look at how Bitcoin is becoming scrace and why. Bitcoin’s market cap eclipsing Warren Buffet’s Berkshire Hathaway, Visa and Mastercard. And Polkadot taking a top spot in the entire crypto market cap. Stay tuned for the latest crypto news, served your way. 🔔★Subscribe for more videos about Exodus wallet and crypto★🔔 🔔☆The Exodus Newsletter☆🔔 🔔☆The Exodus Blog☆🔔 ★☆★Download Exodus for Mobile and Desktop★☆★ Exodus was created for visionaries looking…
Cryptocurrency trader Scott Melker stated that technical analysis supports the prediction that Bitcoin may soon surge to $63,000. The total crypto market value after taking a nosedive for a couple of weeks took a swift turn to record an all-time high value of above $1.21 trillion on February 6, 2021. These huge gains were largely contributed by the Bitcoin price after it nearly broke its all-time high of around $42,000 set in January 2021. Ethereum supported the movement with an incredible performance after gaining over 20% in the last 7…
Oscar Health prior to this IPO was valued at about $3.2 billion in a 2018 funding round. Obamacare health insurance provider Oscar Health has filed for an Initial Public Offering (IPO) in the United States. The firm co-owned by Josh Kushner, the brother to Jared Kushner, former senior adviser to President Donald Trump is also backed by Alphabet Inc (NASDAQ: GOOGL). According to the press release shared by the New York-based company, the size of the IPO is currently pegged at about $100 million but the figure is subject to…
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Quick take: Microstrategy held a conference to share their Bitcoin playbook with other global companies The event attracted 8,197 attendees from 6,917 enterprises All sessions of the conference, including Microstrategy’s Bitcoin playbook, are available for free online MicroStrategy’s stock price continues to flourish as a result of adding Bitcoin to its treasury On the 3rd and 4th of February this week, Microstrategy held their annual user conference which included the ‘Bitcoin for Corporations’ program spearheaded by the company’s CEO, Michael Saylor. According to Mr. Saylor, the Bitcoin program attracted 8,197…
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Widespread high-level English language skills and relatively low wages have seen Filipino workers become a top choice for remote staff for blockchain projects around the world. But is the industry exploiting these workers, or has remote work during the pandemic helped the country to grow and develop? If you’ve ever contacted customer support for a crypto exchange, the chances are high you’ve chatted with a Filipino staff member. They’re highly prized by crypto projects for strong English language skills, friendly and polite demeanors — and let’s be honest: dirt cheap…