Image source: Getty Images MercadoLibre (NASDAQ: MELI), often called the ‘Amazon of Latin America’, has been a truly spectacular growth stock to own over the years. It’s up around 1,490% in a decade! However, it’s now fallen 23% in the last two months. Here’s why I’d buy this dip today. In continuous beta MercadoLibre was … Read more
Solana decentralized exchange aggregator Jupiter has expanded its reach by acquiring Ultimate Wallet, a self-custody crypto wallet firm. The purchase is part of Jupiter’s strategy to enhance its mobile capabilities and attract millions of new users. According to Jupiter’s announcement, adding Ultimate Wallet marks the beginning of its mobile initiative, which is set to enter … Read more
Ethereum price is holding gains above the $3,120 resistance zone. ETH could soon rally if it clears the $3,280 resistance zone. Ethereum extended its increase above the $3,220 resistance zone. The price is trading above $3,165 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,170 on … Read more
PayPal’s Blockchain Research Group has joined Energy Web and DMG Blockchain Solutions to support “sustainable” Bitcoin mining. According to the paper, the collaboration “presents an opportunity to accelerate the clean energy transition” using crypto-economic incentives. PayPal Research On Bitcoin Mining In a recently published paper, PayPal’s Blockchain Research Group (BRG) proposed “the possibility for a … Read more
Originally published on Unchained.com. Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. If you’ve been using bitcoin for a while, you’ve … Read more
Grayscale’s application to convert its trust into a spot Ethereum ETF has been delayed by the U.S. SEC. The SEC deferred its decision on a proposed rule change to allow U.S. national exchanges to list and trade spot Ethereum (ETH) ETFs pitched by Grayscale until June 23. “The Commission finds that it is appropriate to … Read more
FLOKI and BONK had remarkable growth over the weekend after recovering from the Bitcoin dip at the end of last week. These tokens have been some of the hottest topics during this bull run, with FLOKI and BONK increasing by over 500% and 87%, respectively. Recently, both memecoins were listed on the European neo bank … Read more
The Philippines’ Securities and Exchange Commission (SEC) has stepped up its ongoing regulatory crackdown, ordering Google and Apple to remove Binance, the world’s largest cryptocurrency exchange, from their respective app stores. This follows earlier regulatory actions against the exchange’s operations in the Asian country. Binance Faces Escalating Legal Challenges According to a recent CNBC report, … Read more
Introduction One of Bitcoin’s undeniable and frequently touted strengths is its decentralization. It’s often claimed that the Bitcoin network offers levels of decentralization, accessibility, and distribution unmatched by any other cryptocurrency. But just how decentralized is Bitcoin in reality? And how do we go about measuring its decentralization? Before delving into these questions, it’s crucial … Read more
Binance users will have a chance to bag an allocation for EZ, the native token for liquid staking protocol Renzo. According to an announcement, Binance Launchpool will list Renzo (EZ) as its 53rd project on April 30. The maximum supply is set at 10 billion tokens, and the platform will field 1.05 billion EZ coins … Read more