Brazilian fintech company Méliuz has become the first publicly traded firm in Brazil and Latin America to adopt Bitcoin as a treasury asset following shareholder approval. In a statement issued on May 15, the cashback-focused firm, which serves over 30 million users, said it had officially changed its corporate purpose to include Bitcoin investments as…
Monero, the leading privacy-focused cryptocurrency, surged to its highest level in four years as demand rose. Monero (XMR) jumped to $350, bringing its year-to-date gains to 75% and pushing its market cap above $6.3 billion. It has rallied over 155% in the past 12 months, making it one of the top-performing large-cap cryptocurrencies. The surge…
To start with Bitcoin, you need to know the basics of the cryptocurrency, its value, and the steps to creating a Bitcoin (BTC) wallet. Here’s everything you need to know about investing in BTC so you can make smart decisions and maximize your profits. How to Start Investing in Bitcoin BTC is the first and…
Bitcoin has traded sideways for most of the week, with price action stuck between $100,700 support and $104,700 resistance. The lack of volume and tight-range behavior suggests a breakout is still pending. Bitcoin (BTC) has experienced unusually slow price movement this week, consolidating between clearly defined support and resistance levels. Traders have been closely monitoring…
Solana has shown a potential deviation at the key $180 resistance level, with price briefly closing above before quickly falling back below. This signals a likely rotation toward major support near $125 if the level fails to be reclaimed. Solana (SOL)is at a critical juncture after encountering strong resistance at the $180 level. Recent price…
The Pi Network price dived this week as the much-anticipated ecosystem event failed to excite its holders. Pi Coin (PI) dropped to $0.8115 on Thursday, March 15, down 47% from its highest point this week and 70% below its all-time high. Its market cap has plunged from a record $19 billion in February to $6.31…
Coinsilium Group Limited, a U.K.-based company focused on web3 investing and advisory services, has raised £1.25 million in an initiative aimed at funding its adoption of a Bitcoin treasury strategy. The company announced the fundraising goal on May 15. Per the news update, Coinsilium has secured the £1.25 million ($1.66 million) in a bid to…
EOS has declined over 10% in the past 24 hours and is now testing a critical support area around $0.70. While the trend remains bearish, this level presents a high-confluence opportunity for a potential bullish reaction if demand steps in. EOS (EOS) has entered a key phase in its market structure after a steep corrective…
Solana’s biggest crypto wallet has entered the liquid staking race, launching its own PSOL token. The market for Solana (SOL) liquid staking tokens gained a new entrant. On Tuesday, May 14, Phantom launched its own liquid staking token, PSOL, enabling users to stake SOL while retaining liquidity for use in DeFi. We’re launching our own…
Ether.fi token continued its strong rally, reaching its highest level since February, even as Bitcoin and other altcoins retreated. Ether.fi (ETHFI) jumped to $1.60, up more than 300% from its April low, giving it a market cap of over $420 million. ETHFI, a liquid staking and restaking network on Ethereum (ETH), jumped as the total…
