Michael Saylor reassures investors after $BTC, $MSTR market crash
Michael Saylor, CEO of MicroStrategy is confident that his company’s BTC holdings will more than cover any prospective margin call on Bitcoin-backed loans. In 2021, the American corporate intelligence and software behemoth made headlines by making a series of significant Bitcoin bets. MicroStrategy’s decision to convert its treasury reserve into BTC assets was influenced by […]
KuCoin raises $150M in Series B funding to launch DeFi products in 2022
Following the recent $150M fundraising, global cryptocurrency exchange KuCoin hopes to move beyond centralized trading services and focus on DeFi, NFTs, and Web3. On May 10, the cryptocurrency exchange announced a $150 million pre-Series B investment round, valuing the company at $10 billion. According to CEO Johnny Lyu, he said that the latest fundraising round […]
El Salvador, Tron (TRX) Founder Buys The Dip By Acquiring $15 Million In BTC
El Salvador’s president and crypto fanatic, Nayib Bukele seems to be taking advantage of the current Bitcoin dip as he recently acquired 500 coins as an investment move. El Salvador Bukele Having A Good Time With The Dip Bukele announced via his official Twitter account that the nation has just invested $15.3 million in Bitcoin […]
Ethereum Whales Are Buying More Crypto Amid Market Crash
Major Ethereum whales seem to be heavily purchasing stablecoins and some selected tokens as the crypto market drops to 2022 lows. While this has done little to sustain prices, given that selling outnumbers purchasing, whale transactions may help to identify which tokens are on the verge of a recovery. Some major cryptos appear to have […]
South Korea’s SK Telecom Plans To Expand Its Metaverse To Europe
On the heels of the huge support being enjoyed by SK Telecom from its government and other local businesses, the company is now set to extend its Metaverse to European countries. SK Telecom of South Korea announced plans to expand its rapidly growing Ifland metaverse into Europe through a German partnership. During a first-quarter earnings […]