cryptocurrencies
- Business
Coinbase debut on Nasdaq: surpassed $ 100 billion capitalization, but soon lost a good chunk
On its IPO, Coinbase posted rapid gains and reached a price of $ 429 per share, but eventually closed lower.…
Read More » - Banking
Circle adds Facebook Diem vet to bring its stablecoin into mainstream
The crises of the past year have heightened awareness of technology that can deliver funds faster, giving early movers a…
Read More » - Finance
Ark’s Cathie Wood predicts these two trends will be the next disruptors
Digital wallets and genomics are the next big disruptive trends, according to founder and chief investment officer of Ark Investment…
Read More » - Market
Opinion: Should you buy Coinbase? The valuation is ridiculous, based on this math
Even though Coinbase’s revenue surged over the past 12 months, the company has little to no chance of meeting the…
Read More » - Banking
Fans call crypto bank Avanti the future. Critics say it’s too risky.
Avanti Bank, a startup that received a special-purpose banking charter from the state of Wyoming in October, already has more…
Read More » - Market
Bitcoin bombshell: Crypto king may pole vault to eye popping $400k mark this year with over 6x growth
Overall market cap of cryptos had topped $2 trillion for the first time earlier this week. Existing and potential crypto…
Read More » - Finance
Billionaire Peter Thiel warns bitcoin is a ‘Chinese financial weapon’ that needs tougher scrutiny
Bitcoin should be viewed as a “Chinese financial weapon” that poses a geopolitical threat to the US, PayPal founder and…
Read More » - Market
Crypto czars: Bitcoin mania among investors churns out nine new cryptocurrency billionaires
Bitcoin had even briefly surpassed the $60,000 price mark in March this year even as other cryptos or altcoins witnessed…
Read More » - Finance
Bitcoin rally helps crypto market cap soar past $2 trillion
Strong performances from bitcoin and ethereum have taken the market capitalisation of cryptocurrencies above $2tn for the first-time ever. Ethereum…
Read More » - Business
What is bitcoin? Why the digital currency became popular
April 6, 2021 8 min read This article was translated from our Spanish edition using AI technologies. Errors may exist…
Read More » - Business
Free Webinar | April 21: Cryptocurrency Trading and Tax Strategies
Dive into the ins and outs of cryptocurrency during our webinar with Mark J. Kohler and Mat Sorenson-authors, attorneys, and…
Read More » - Market
Ether, the No. 2 crypto, hit a record above $2,100 as bitcoin trades near $60,000 on Good Friday
The world’s second-most prominent crypto on Friday touched a fresh record above $2,100. Ether ETHUSD, +0.01%, running atop the ethereum…
Read More » - Market
Bitcoin rival Ethereum now among top 10 financial services; value higher than m-cap of Citigroup, SoftBank
Ethereum’s market cap is higher than that of Cisco, Toyota, Nike, Oracle, Pepsico, and more. Months after cryptocurrency king Bitcoin…
Read More » - Business
Meet S! NG, the app to create and sell your own NFT from your cell phone or tablet
If you want to join the sensation of non-fungible tokens and earn money with your original NFTs, this app helps…
Read More » - Banking
PayPal, Visa chart a course for crypto that banks could follow
For more content like this, from the industry leader in global payments coverage, please visit PaymentsSource.com. PayPal and Visa separately…
Read More » - Market
US crypto exchange Coinbase picks Hyderabad for India base; to house IT services amid possible ban
As per industry estimates, there are over 7.5 million crypto investors holding around $1.5 billion in investments. The largest US…
Read More » - Market
Not just Bitcoin, Visa’s move to crypto-based settlements triggers price jump for Ethereum, Bitcoin Cash
Bitcoin is currently the largest financial service with a market cap of over $1 trillion, ahead of JPMorgan Chase, Visa,…
Read More » - Finance
Bitcoin nearing $60,000 as PayPal permits payment using the crypto
The price of bitcoin jumped to nearly $60,000 following an announcement by PayPal that it would allow users to use…
Read More » - Finance
Elon Musk and Jack Dorsey bitcoin bets signal they’re ‘aligned with the mission’
The investments made by Elon Musk’s Tesla and Jack Dorsey’s Square in bitcoin are a signal they believe in the…
Read More » - Banking
Visa pilots crypto settlement
Visa Inc. said its payments network will use a stablecoin backed by the U.S. dollar to settle transactions, as blockchain…
Read More » - Market
Bitcoin Alert! Govt says crypto gains taxable as income, GST applicable on services by crypto exchanges
“The GST collections specific to cryptocurrencies are not available with the government.” Since income from whatever source derived is included…
Read More » - Finance
Ark’s Cathie Wood says bitcoin at $1tn ‘is nothing compared to where this ultimately will be’
Cathie Wood, the US star fund manager and founder of Ark Investment Management, has said bitcoin is currently in its…
Read More » - Business
The New York Times is auctioning an item as NFT for more than $ 500,000
The buyer, whose nickname is @ 3FMusic, paid 350 Ethereum cryptocurrencies. Grow Your Business, Not Your Inbox Stay informed and…
Read More » - Market
Government mandates companies to disclose crypto investments, profit or loss made; startups hail move
The government had constituted an IMC in November 2017 headed by former Secretary, Department of Economic Affairs Subhash Garg to…
Read More » - Finance
Fidelity is exploring launch of a bitcoin ETF
Fidelity Investments unveiled plans 24 March to launch an exchange-traded fund that tracks the price of bitcoin, furthering the money manager’s…
Read More » - Finance
Elon Musk says Tesla’s cars can now be bought with bitcoin
Tesla chief executive Elon Musk has said that the company’s electric cars can now be bought using the cryptocurrency bitcoin.…
Read More » - Business
Bitcoin could cost 6 million Mexican pesos, but the fall will be brutal and will last for years, says cryptocurrency expert
Bobby Lee, co-founder of cryptocurrency exchange BTCC, predicts that the Bitcoin ‘bubble’ will burst after reaching its peak, which is…
Read More » - Market
Nandan Nilekani backs crypto amid lurking fear of ban; says it has enourmous potential, should be allowed
Nandan Nilekani had earlier backed startups such as Tracxn, RailYatri, ShopX, Power2SME, Ninjacart, Fortigo etc.., and set-up a venture capital…
Read More » - Market
7 things NOT to buy with your $1,400 stimulus check
Stimulus checks are quickly making their way into Americans’ bank accounts and mailboxes. Many Americans will put the money towards…
Read More » - Business
Bitcoin Uses More Energy Than American Airlines, Report Says in Light of Environmental Concerns
The cryptocurrency relies heavily on the use of electricity from coal-fired power plants. Grow Your Business, Not Your Inbox Stay…
Read More » - Banking
‘We don’t need to rush’ on Fed digital dollar, Powell says
WASHINGTON — Though Democratic leaders have endorsed the concept of a government-operated digital currency to give underserved consumers more banking…
Read More » - Market
A bitcoin winter ahead? Crypto expert predicts just that, but after digital asset hits $300,000 at end of 2021
Bitcoin prices could reach $300,000 soon — but then sink into a dark period, if history is any gauge, according…
Read More » - Banking
Federal Reserve’s digital dollar momentum worries Wall Street
The financial services industry, braced for what could be its biggest disruption in decades, is about to get an early…
Read More » - Business
Respected Economist Jeffrey Sachs Says Bitcoin Offers ‘Nothing of Social Value’
At a recent conference, the Columbia University professor slammed the cryptocurrency, suggesting it was a counterfeit product. Grow Your Business,…
Read More » - Finance
Morgan Stanley to offer bitcoin funds to clients from next month
Morgan Stanley is to launch access to three bitcoin-linked funds from next month, becoming the latest in a throng of Wall…
Read More » - Market
Some crypto assets highly risky, investors may lose all their money, warns EU markets regulator
The regulator said there is a high risk for investors in non-regulated crypto assets. Prominent markets regulator European Securities and…
Read More » - Finance
Bank of America slams ‘volatile’ and ‘impractical’ bitcoin
Analysts at Bank of America have attacked bitcoin as “exceptionally volatile” and “impractical” in a 17 March research note. In…
Read More » - ECONOMY
Bitcoin. Stablecoin. CBDC. Who Changed My Money?
What is money to you? The cash in your wallet? The balance in your bank account? The credit limit on…
Read More » - Finance
Bitcoin slips from record high of $61,000 as regulatory scrutiny mounts
Bitcoin has retreated from its all-time high of $61,000 over the weekend, edging down more than 8% in intra-day trading…
Read More » - Banking
Brian Brooks joins blockchain company Spring Labs
Brian Brooks, the former acting head of the Office of the Comptroller of the Currency, has joined the board of…
Read More » - Market
Blistering bitcoin: Cryptocurrency surges past $61,000 mark in record high as latest bull run accelerates
Tesla CEO Elon Musk, whose tweets have influenced bitcoin price movement in the recent past, is betting big on bitcoin.…
Read More » - Finance
It’s not just Tesla that takes bitcoin — here are the retailers accepting payment in crypto
Bitcoin has had a meteoric year as institutional investors, investment banks and fund managers, such as Tesla, Square and JPMorgan,…
Read More »