The global crypto market cap is $1.62T 1.70%▼ with a 24-hour market volume of $83.32B 6.26%▲. Bitcoin's dominance is currently 46.02% 0.92%▼. CURRENT PRICES BY MARKET CAP # | Name | Price | 24h % | 1 | Bitcoin BTC | $39,679.25 | 3.32% ▼ | 2 | Ethereum ETH | $2,654.33 | 2.34% ▲ | 3 | Binance Coin BNB | $334.62 | 0.40% ▼ | 4 | Cardano ADA | $1.33 | 1.05% ▼ | 5 | XRP XRP | $0.7475 | 0.86% ▼ | *Prices as of 3:00 p.m. ET. | |
A shareholder letter from Square said it took in $2.72B in bitcoin revenue from Cash App in Q2. Cash App additionally gained $55M of bitcoin gross profit, up 3x in the past year. More: - Cash App’s bitcoin revenue decreased from $3.51B in Q1, which Square attributes to the relative stability in the price of bitcoin.
- Square further announced a $29B acquisition deal with Australia-based payment firm Afterpay, which is expected to close in Q1 2022.
- Square stated that the acquisition would help expand Cash App’s user base. Afterpay claimed to have 16.2M users as of last month.
| |
DMG Blockchain Solutions announced a $2M strategic investment in California’s Bosonic. The strategic investment is among other recent investments by DMG to expand institutional crypto adoption. More: - DMG previously announced a strategic investment in Brane Capital in June.
- The two recent investments will help facilitate layer-2 clearing and settlement solutions.
- The announcement specified that the combined solution would reduce counterparty credit and settlement risk.
| |
A message from ONFOLIO Get 12% Dividends From This Profitable Holding Company Onfolio Holdings, Inc. a profitable holding company, is currently offering preferred shares with a 12% annual dividend, paid quarterly. They buy and grow a diverse portfolio of profitable online businesses, each with a niche content focus. With the goal of creating limited downside while capturing above-average returns, Onfolio typically acquires businesses that generate cash flows of 25%, and they pay Series A preferred shareholders a 12% dividend. Onfolio is also on track to becoming a public company, having audited financials and an upcoming public listing. You can learn more about their offer here | |
▲ TOP GAINERS # | Name | Price | 24h % | 1 | Ankr ANKR | $0.1018 | 10.60% ▲ | 2 | THORChain RUNE | $7.02 | 9.51% ▲ | 3 | Stacks STX | $1.31 | 6.65% ▲ | 4 | Qtum QTUM | $8.10 | 6.09% ▲ | 5 | Elrond EGLD | $95.87 | 5.49% ▲ | ▼ TOP LOSERS # | Name | Price | 24h % | 1 | Decred DCR | $137.51 | 11.97%▼ | 2 | Siacoin SC | $0.01598 | 7.00%▼ | 3 | Kusama KSM | $208.59 | 4.61%▼ | 4 | Polkadot DOT | $18.55 | 4.47%▼ | 5 | Huobi Token HT | $10.54 | 4.22%▼ | *Limited to cryptocurrencies in the Top 100. Prices as of 3:00 p.m. ET. | |
🍋Fresh Funding🍋 Matrixport, Neobank: $100M ⮕ The Series C funding round was backed by C Ventures, Tiger Global, Polychain, Dragonfly, DST Global, and CE Innovation Capital. More: - Matrixport previously reached unicorn status with a pre-money valuation of over $1B.
- The startup spun out of Bitmain in 2019, offering trading, lending, and other crypto services.
- Matrixport CEO John Yuesheng Ge stated the startup is a “crypto bank” that offers more than just a wallet and an exchange.
| |
NCR Corporation announced the acquisition of U.S. bitcoin ATM operator LibertyX. The deal is the first public or private acquisition of a bitcoin ATM operator. More: - Financial terms have not been disclosed at this time; however, the deal is expected to close before the end of this year.
- NCR (formerly National Cash Register) is a Fortune 500 company that develops software for business-related products like sales terminals, ATMs, and scanners.
- LibertyX was founded in 2013 and currently operates over 10,000 ATMs in the U.S.
| |
|
QUICK HITS * Sponsored Content | |
| | Griffin McShane is a J.D. candidate currently living in Portland, Maine. He is a graduate of Providence College, where he studied both computer science and business. Griffin aspires one day to go to the moon and bring some of his altcoins along for the ride. | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
|
Enabling software vendors to deliver and manage Kubernetes applications on-premises. Get a demo. | |