cryptocurrencies
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Weekend reads: A warning for a record-high stock market
The S&P 500 index SPX, +0.31% keeps hitting record highs. That itself might not be alarming — a strong stock…
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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…
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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…
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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…
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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 » - 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…
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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…
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Bitcoin rival Ethereum now among top 10 financial services; valued 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 » - Entrepreneurs
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…
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US crypto exchange Coinbase picks Hyderabad for India base; to house IT services amid likely crypto ban
As per industry estimates, there are over 7.5 million crypto investors holding around $1.5 billion in investments. The largest US…
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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,…
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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…
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PayPal rolls out crypto checkout feature in the U.S.
PayPal Holdings Inc. will start letting its U.S. customers purchase items with cryptocurrencies in the latest embrace of digital assets…
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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…
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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…
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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…
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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…
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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…
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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…
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Elon Musk announces that ‘now you can buy a Tesla with Bitcoin’ and the cryptocurrency rebounds
If you have a single Bitcoin in your wallet, you can buy a Tesla Model 3, and you even have…
Read More » - Finance
Amundi warns bitcoin in for ‘brutal’ price correction as regulation hits sector
Bitcoin and other cryptocurrencies could face a “brutal” price correction when regulators eventually weigh in on the sector, Europe’s largest…
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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.…
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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…
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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…
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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…
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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…
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‘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…
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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…
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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…
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TikTok Star Sells Viral Video as NFT for $500,000
Nathan Apodaca, who gained fame after skating to a Fleetwood Mac song, has joined the NFT craze and is now…
Read More » - Entrepreneurs
Don’t let it happen to you! This man lost $ 560,000 to Bitcoin scam on fake Elon Musk account
March 18, 2021 5 min read This article was translated from our Spanish edition using AI technologies. Errors may exist…
Read More » - Entrepreneurs
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,…
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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…
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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…
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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…
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EU watchdog doubles down on crypto warning amid bitcoin boom
The European markets regulator has repeated warnings about the risks of cryptoassets for investors, noting that record prices for cryptocurrencies…
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…
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From bitcoin to blockchain: Inside Goldman Sachs’ crypto unit
As the meteoric rise of bitcoin and other cryptocurrencies continues at pace, investment banks are now getting in on the…
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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…
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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…
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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.…
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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,…
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Largest crypto exchange names ex-U.S. senator Baucus adviser
Binance Holdings, the world’s largest cryptocurrency exchange, has named prominent former U.S. politician Max Baucus as a policy and government-relations…
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More women investing in cryptos on bitcoin boom, says Robinhood
The number of women investing in cryptocurrencies on zero-commission trading app Robinhood is surging in the wake of bitcoin’s recent…
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Bitcoin Critic Slams ‘Brainwashed’ Son for Turning Entire Portfolio Into Bitcoin, Threatens to ‘Disinherit’ Him
Upon learning that his son had switched to the cryptocurrency, stock broker Peter Schiff took to social media to denounce…
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Bill Gates Slams Bitcoin’s Impact on Environment
In a recent interview with the New York Times, the tycoon claimed that the production of Bitcoin – as it…
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JPMorgan wants to launch a crypto basket for bitcoin-friendly traders
JPMorgan is seeking permission to launch a basket of stocks with exposure to cryptocurrencies, in a move that would avoid…
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Mark Mobius: ‘I fear a decline of the bitcoin price’
Veteran fund manager Mark Mobius said he fears a decline in the price of bitcoin could have a knock-on effect…
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It’s not just bitcoin — here are the top 10 biggest cryptocurrencies
Cryptocurrencies have gone from an obscure part of finance to centre-stage over the last year. In the space of 12…
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