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Nubank logs more than 1.8 million crypto users in Brazil

Nubank logs more than 1.8 million crypto users in Brazil

Digital bank Nubank has attracted more than 1.8 million Brazil-based users to its crypto platform since its full rollout at the end of June, highlighting a strong appetite for digital assets among consumers in South America’s largest country.  This figure, which represents users who have made at least one cryptocurrency purchase through Nubank’s app, …

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European crypto ETN and ETP report: Monday, June 20

Bitcoin and ether sink lower, Fed fights inflation with new rate hike: This week in markets

Bitcoin and ether were both down over the past week after another volatile week of trading in which macroeconomic sentiment continues to guide prices. Bitcoin was down 5.75% at $18,949 over the past week, while ether shed more than 11.54% and was trading at $1,299, at the time of writing Coinbase data show.  …

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How Crypto Sectors Are Trading Through the Dollar Strength 'Tsunami'

How Crypto Sectors Are Trading Through the Dollar Strength ‘Tsunami’

As a whole, crypto fared far worse than equities in the week following the CPI data release. The CoinDesk Market Index (CMI), a cap-weighted index of 148 of the largest cryptocurrencies, slid 13.5% during those seven days. Here, too, we find variances based on sector. The CoinDesk Smart Contract Platform Index (SMT) – which includes …

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Disney hiring transaction lawyer for 'aggressive' NFT and DeFi plans

Disney hiring transaction lawyer for ‘aggressive’ NFT and DeFi plans

The Walt Disney Company is looking to hire a transaction lawyer to explore emerging technology opportunities, including NFTs, working at an “accelerated and aggressive timeline,” according to a job posting on LinkedIn. The job ad added that the hire would “partner with business teams as they plan new global emerging technology projects” across additional …

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Cosmos collects liquidity and prepares for a move up, but only if...

Cosmos collects liquidity and prepares for a move up, but only if ATOM…

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Cosmos’ funding rate was strongly negative, according to the 1-Day Funding Rate data on Coinglass. This meant that short positions paid the long positions periodically, and showed speculators were bearishly positioned over the previous day. Indeed, …

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Cipher Mining seeks to raise up to $250 million in stock market offering

Cipher Mining seeks to raise up to $250 million in stock market offering

New York-based Cipher Mining aims to raise up to $250 million in a stock market offering of its common stock, a Sept. 21 regulatory filing shows. The move comes as bitcoin miners struggle to make ends meet in a tough revenue environment characterized by high electricity costs, depressed bitcoin prices and mining rigs depreciating …

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LUNC investors may have some short-term hopes, however caution is advised

LUNC investors may have some short-term hopes, however caution is advised

The entire crypto community’s excitement reached another level as the much awaited 1.2% Terra Classic [LUNC] tax burn protocol got implemented. The new protocol was successfully implemented at a block height of 9,475,200 on 21 September.  The 1.2% #LUNC tax burn has successfully been implemented on-chain🏁 An this is only just the beginning of a …

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