Showing posts with category "cryptocurrency"

Price of Bitcoin plunges to multimonth low

Price of Bitcoin plunges to multimonth low — The price of Bitcoin is at its lowest level in months as the Federal Reserve gears up to begin raising interest rates and Kazakhstan grapples with unrest. On Friday, Bitcoin fell by about 4% and was hovering between $40,000 and $41,000 — a precipitous decline from its […]

January 7, 2022
tags
cryptocurrency

Where Are Bitcoin Prices Heading Next After Today’s Move Toward $42,000

Where Are Bitcoin Prices Heading Next — Bitcoin prices suffered a modest pullback today, falling roughly 10% in less than 24 hours and trading at their lowest in more than a month. The world’s most prominent digital currency dropped to $42,503.88 around 5:30 p.m. EST, CoinDesk data shows. At this point, the cryptocurrency had declined […]

January 5, 2022
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cryptocurrency

Bitcoin worth US$15 quintillion is just another day in crypto

Bitcoin worth US$15 quintillion is just another day in crypto — Cryptocurrencies made a giant leap in 2021, expanding well beyond their niche among geeks and Redditors. Wall Street strengthened its embrace, with Morgan Stanley’s chief executive officer James Gorman declaring it no fad. New York Mayor-elect Eric Adams said he’ll initially get paid in […]

December 27, 2021
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cryptocurrency

Jack Dorsey dials in on his dream job — bitcoin missionary

Jack Dorsey dials in on his dream job — The big thing while Elon Musk has shitposted his way to crypto sainthood, Jack Dorsey has been spreading the blockchain gospel far more earnestly than most. As CEO of Twitter — which he was until Monday when he unexpectedly resigned — the bulk of his most […]

December 5, 2021
tags
cryptocurrency

New German government cites crypto in coalition agreement

New German government cites crypto — The new German coalition is aiming to make the “European financial market supervisory law” fit for crypto-assets and businesses. The new German government has cited crypto in its coalition agreement, advocating for an equal playing field between traditional finance and “innovative business models.” Three German political parties agreed to […]

November 29, 2021
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cryptocurrency

Regulation Of Crypto Urgently Needed In India, Says Anand Mahindra

Regulation Of Crypto — After Mahindra Group chairman Anand Mahindra busted fake claims surrounding his investment in cryptocurrency, the latest business mogul to join the awareness campaign is Jay Kotak, Associate VP of Kotak Mahindra Bank. Taking to Twitter on Sunday, Jay Kotak, who is the son of billionaire banker Uday Kotak, stressed on the […]

November 21, 2021
tags
cryptocurrency

NFTs could be Bigger than all Crypto on Coinbase, CEO says

NFTs could be bigger — As Coinbase cryptocurrency exchange is preparing to roll out its own nonfungible token (NFT) platform soon, CEO Brian Armstrong has assessed the importance of the company’s upcoming NFT offering. On Tuesday, Coinbase released its Q3 financial results, reporting $1.2 billion in revenues, which mostly comes from the platform’s transaction fees […]

November 12, 2021
tags
cryptocurrency

A bitcoin futures ETF is coming next week. It could soon send the token soaring to $85,000, one analyst says

A bitcoin futures exchange-traded fund is set to launch next week and is exciting for investors. It could help power the price of bitcoin to a record high of $85,000, one analyst said. A bitcoin-linked ETF would make it easier for investors to gain exposure to the cryptocurrency. A bitcoin futures exchange-traded fund is set […]

October 17, 2021
tags
cryptocurrency

Amount of Ethereum held by Crypto-Miners Reaches Highest Level

Ethereum held by Crypto-Miners – The amount of Ethereum that is being held by miners has reached record levels in U.S. dollar terms as they remain reluctant to sell. The balance held by Ethereum miners is the largest it has been since shortly after the network was launched five years ago. When converted into USD, […]

October 8, 2021
tags
cryptocurrency

Bitcoin rises 5.2% to $43,717

Bitcoin – Bitcoin was up 5.23% at $43,716.97 as of 22:08 GMT on Thursday, adding $2,174.07 to its previous close. The world’s biggest and best-known cryptocurrency has gained 57.6% from the year’s low of $27,734 on Jan. 4. Ether , the coin linked to the ethereum blockchain network, rose 5.26% to $3,001.48, adding $150.08 to […]

October 1, 2021
tags
cryptocurrency

PayPal Completes Cryptocurrency Offering Rollout in UK

PayPal Completes Cryptocurrency Offering Rollout in UK – PayPal’s Bitcoin trading services are now fully available in the United Kingdom after the global payment giant began rolling out services last month. PayPal officially announced on Friday that all eligible customers in the United Kingdom can now buy, hold and sell cryptocurrencies using their PayPal accounts. […]

September 20, 2021
tags
cryptocurrency

U.S. SEC investigates crypto exchange developer Uniswap Labs

Cryptocurrency – The U.S. Securities and Exchange Commission (SEC) is investigating Uniswap Labs, the main developer behind one of the world’s largest cryptocurrency exchanges, Uniswap, the Wall Street Journal reported on Friday, citing people familiar with the matter. Enforcement attorneys are looking for more information on how investors use Uniswap and the manner in which […]

September 4, 2021
tags
cryptocurrency