Crypto

Keeping you up to date on everything that matters to you

Bank of England Joins Global Peers Exploring a Digital Currency

April 19, 2021

Britain’s Treasury and the Bank of England are weighing the potential creation of a central bank digital currency, joining authorities from China to Sweden exploring the next big step in the future of money.

Crypto Stock Mania Tested by Sliding Prices, Bitcoin Slump

April 19, 2021

A drop in cryptocurrency-linked stocks in the wake of Bitcoin’s slide and Coinbase Global Inc.’s choppy debut is stirring a rallying cry from optimists who reject fears that the sector has peaked.

NYC Real Estate Mogul Secures $6 Billion in Gold to Back New Cryptocurrency

April 13, 2021

Kent Swig became interested in cryptocurrencies after learning more about the concept from his teenage son.

GameStop Mulls NFT Expansion While Market Is Still Slowing Down

April 12, 2021

Amid signs that the non-fungible token (NFT) gravy train is starting to run out of steam, help may be on hand from a familiar champion – with the American gaming retailer GameStop indicating that it may be ready to take the NFT plunge.

MicroStrategy Pivots to Bitcoin Payouts for Board of Directors

April 12, 2021

MicroStrategy Inc. is pivoting to payouts in Bitcoin for its four non-employee board of directors, marrying management closer to the software maker’s strategy of investing in the largest cryptocurrency.

Powell: Need for Digital Dollar Is an Issue for Congress, Public

April 11, 2021

Federal Reserve Chair Jerome Powell said the central bank is involved in a large-scale research and development project on the digital dollar, and that questions of whether adopting such a currency would provide a public benefit have yet to be resolved.

Bitcoin Is Displacing Gold as an Inflation Hedge

April 9, 2021

The digital asset’s increasing scale has made it a more viable competitor to the traditional protector against currency debasement.

Swedish Central Bank Reveals First Study of Digital Currency

April 6, 2021

The Swedes are learning that their once pioneering vision for a central bank digital currency might take a lot longer to enact than initially thought.

Coinbase’s Nasdaq Listing Fuels Frenzy in Korean Crypto Stocks

April 6, 2021

The upcoming Nasdaq listing of Coinbase Global Inc. has fueled a frenzy among Korea investors to pile into the nation’s cryptocurrency stocks, making a broker with a minority stake in a local crypto exchange the best-performing large stock year-to-date.

Crypto Miner: Riot Blockchain to Buy Whinstone for $651 Million

April 8, 2021

Cryptocurrency-mining company Riot Blockchain Inc. said it will buy North America’s largest Bitcoin hosting facility, Whinstone U.S. Inc., for about $651 million in cash and stock.

Ark’s Cathie Wood says bitcoin at $1tn ‘is nothing compared to where this ultimately will be’

Mar 25, 2021

Institutional allocations could impact bitcoin’s price by $200,000 to $500,000

Billionaire Mark Cuban Reveals Why He Thinks Ethereum Will ‘Dwarf’ Bitcoin As Crypto Market Price Hits $2 Trillion

Apr 6, 2021

"I think the applications leveraging smart contracts and extensions on ethereum will dwarf bitcoin," Cuban told journalist Laura Shin, speaking on her Unchained podcast.

Crypto Won’t Be Money Until IRS Accepts It for Taxes, Top Forex Strategist Says

Apr 6, 2021

The greenback has something else going for it cryptocurrencies don't: the bond market, notes Marc Chandler.

Coinbase Q1 Revenue Up 9x To $1.8BN Ahead Of Long-Awaited IPO

TUESDAY, APR 06, 2021

Pioneering cryptocurrency exchange Coinbase just blew away already lofty expectations Tuesday when it released quarterly financials and outlook for the first time, despite still being a private company, as the firm apparently sought to generate hype ahead of its IPO on the Nasdaq next week