Author: CryptoGap

Payments giant Stripe has completed the acquisition of stablecoin platform Bridge following a deal valued at over one billion dollars. Without revealing any details, Michael Arrington, co-founder of TechCrunch, confirmed the acquisition via an Oct. 20 X post, noting that the acquisition cost Stripe $1.1 billion.  As of press time, the companies have yet to make an official statement about the purchase.  Last week, crypto.news reported that the firms were in the final stages of negotiation, but a decision had not been made. Neither, Stripe, nor Bridge had confirmed the development at the time. Founded in 2022 by former Coibase…

The crypto market is having a whale of a time in “Uptober” with Bitcoin ($BTC) trading around the $69,000 level. Historically, “Uptober” has been a month of significant gains, and this year, it looks like a similar trend will follow.  Bitcoin ($BTC) Breaks Through $69,000 “Uptober” seems to be back on the table as Bitcoin ($BTC) soars. Bitcoin has faced months of sideways price action but is finally breaking out. October looks to be $BTC’s first positive month in a while, and at the time of writing, $BTC traded at $69,074 and has been up 1.27% over the past 24…

Upbit, one of the world’s most trusted digital asset exchanges, announced that it will list Cat in a Dog’s World (MEW) on the KRW market starting at 19:00 on October 21, 2024. Upbit to List MEW on KRW Market, Expands Solana-Based Offerings MEW Listing Details Digital Asset: Cat in Dogs’ World (MEW) Market: KRW Network: Solana Trade Support Launch: October 21, 19:00 Important: Users must ensure they select the correct network (MEW-Solana) for deposits. Transfers using networks not supported by Upbit will not be processed and will potentially lead to significant delays in the return of funds. Transaction Restrictions Buying…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Cardano and Binance thrive amid market fluctuations, a new contender, Lunex Network, is capturing investor attention with its DeFi features and potential for growth. Cardano (ADA) holders have been glad to see increased market activity for the protocol of late, while Binance has held its own against market volatility. But despite the relative success of these two protocols, many investors are now eyeing the fast-emerging Lunex Network (LNEX).  This new protocol offers unique DeFi features and a better…

Polkadot ($DOT) has recovered to move past $4.50, gaining over 3% during the current session. $DOT is coming off a bullish week, pushing above the 20 and 50-day SMAs.  $DOT is up over 3% in the current session, and managed to push above $4.50, looking to close the week on a bullish note. $DOT Weekly Recap Polkadot ($DOT) closed the previous week on a bearish note, falling to a day low of $3.95 on Thursday. The altcoin dropped to a low of $4.09 last Sunday but recovered to close the session at $4.16, a 0.95% decline. Despite its bearish end…

MicroStrategy founder and Bitcoin supporter Michael Saylor has shared an ambitious prediction for BTC, predicting that it will gain 29% annually over the next 21 years. In a recent interview, Saylor outlined his base case scenario, which sees Bitcoin reaching a staggering $13 million per coin in that time frame. “My view is that Bitcoin will appreciate in terms of ARR (Annualized Rate of Return) by 29% per year for the next 21 years,” Saylor said. This would push the price of Bitcoin to $13 million per unit, according to Saylor. When asked about MicroStrategy shareholders’ thoughts on BTC, Saylor…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana, XRP, and Rollblock are among the top altcoins to watch. Rollblock’s presale at $0.0315 attracts investors eyeing 50x returns. We all know that the top altcoins are always changing, and right now, Solana, XRP, and Rollblock are looking like solid investments. Each of these coins has something special to offer, and many investors are starting to take notice. While the market is shifting, we got some XRP news signaling big changes real soon.  But, no matter what happens…

The global crypto market cap added $140 billion, spiking 6.3% to close the week above a two-month peak of $2.35 trillion. Bitcoin (BTC) championed the recovery, breaking past $68,000 and sparking a strong rally across the altcoin market. Here are some of the assets that leveraged this rebound campaign and how they performed: DOGE records seven straight intraday gains Dogecoin (DOGE) was one of the biggest beneficiaries of the market recovery last week, recording seven consecutive days of gains throughout the week. DOGE 1D chart – Oct. 20 | Source: crypto.news The dog-themed meme coin closed the week at a…

YouTuber Coffeezilla is in a back-and-forth spat with Andrew Tate over the latter’s flip-flop from crypto critic to meme coin promoter. The YouTuber, whose real name is Stephen Findeisen, ran a clip of Tate, who previously portrayed himself as a crypto skeptic. Coffeezilla also pulled a quote from Tate where he seemingly expressed having no interest in launching coins or exploiting his fans. “I just like to f— with crypto Twitter because crypto Twitter are full of the biggest degenerate losers on the planet,” Tate once said, saying crypto has “zero” benefit to society. See below. “Crypto is the only…

Meme coins Speedy and ApeCoin have both seen their prices pump by over 100% in the last 24 hours. According to current market data, Speedy (SPEEDY) — a meme coin launched on the Fantom blockchain by The GOAT Foundation — was among the top gainers on CoinGecko as of Sunday afternoon. The team behind Speedy, which includes experts in blockchain technology like Gonzales Spidorius serving as the CIO, saw the token spike over 150%. The coin’s all-time high hovers at around $0.03346; its all-time low was on Oct. 20, at $0.0007253. See the chart below. Chart from CoinGecko ApeCoin (APE),…