In the largest and loudest transaction in history, SpaceX accepted DOGE as payment from Geometric Energy Corporation for launching a Dogecoin-style rocket to the moon (literally). The well-known expression “To the moon” means a sharp, almost “vertical” rise in the rate of any cryptocurrency. Geometric Energy Corporation took it literally and decided to send a…

Bitcoin price gained pace above USD 59,000, but it failed to extend its move to USD 60,000. BTC started a downside correction and traded below USD 58,500. It is currently (12:20 PM UTC) holding the USD 57,500 support and it still might rise again to test USD 60,000 in the near term. Besides, most major…

Sienna is a privacy-first and cross-chain DeFi platform. The Sienna Network, a privacy-focused, cross-chain decentralized finance (DeFi) platform, has raised $11.2 million in a private and public token sale. Of the total amount, $10 million came from long-term investors including NGC, Inclusion Capital, Lotus Capital, FBG, SkyVision Capital and others. Sienna is built on the…

Memes are extremely important in the crypto market. Dogecoin (DOGE) may be the best recent illustration of the power of memes in a market powered by a combination of scarcity and user demand (note: some memes are more sustainable than others), but every cryptocurrency has their own memes that proliferate around Crypto Twitter and other…

When Terrance Leonard first started seriously investing in the cryptocurrency space in 2019, his original goal was to achieve financial independence. But then his ideal home came on the market. Leonard, who works as a software engineer in Washington, D.C., already owned a row-home. But he wanted a home with a larger yard for his…

The market ended the week on a high note. Let’s look at a few top stock trades for next week. No. 1: Bitcoin (BTC-USD) Source: Chart courtesy of TrendSpider While altcoins continue to soar, Bitcoin (CCC:BTC-USD (https://investorplace.com/cryptocurrency/btc-usd/)) has had trouble advancing. The cryptocurrency looks like it’s trying to set up for a move higher, although…

John Dalby has taken up a similar position at NYDIG. In his opinion, every day more and more industries are realizing the potential of bitcoin, and more and more customers are looking for ways to securely access digital assets. Robert Gutmann, Co-founder and CEO of NYDIG, said, “The NYDIG team and I are extremely excited…

A Tokyo city assemblyman has spoken out about ambitious plans to transform the Japanese capital into a crypto-powered financial hub – claiming that embracing cryptoassets could help put the city on a par with London and Hong Kong. Speaking to Finders (via Yahoo Japan), Yuu Ito, a member of the Tokyo Metropolitan Assembly currently serving…

Mastercard has tracked customer usage as it relates to cryptocurrency, particularly Bitcoin. The company has seen consumers using their Mastercard debit cards to purchase crypto assets and begin to use crypto cards on its network. With cryptocurrencies becoming more accepted as an investment and payment method, Mastercard is taking steps to make it easier for…

In the first quarter of 2021 the Decentralized Finance (DeFi) industry shawn a wave of growth. The main indicator for assessing the DeFi industry is the total amount of locked funds on smart contracts (Total Value Locked). In April 2021, it crossed the $ 100 billion mark, according to the DeFi LIama tracker. Analysts at…