Latest Crypto Currencies News
"XRP is going nowhere," Garlinghouse saysMar 8, 2021
Ripple Chief Executive Officer, Brad Garlinghouse said that if his company loses the lawsuit brought by US regulators, XRP as a cryptocurrency will remain tradable. Garlinghouse was hosted by Axios, a documentary-news program on HBO.
Indian government to take a “calibrated” stance on cryptocurrencyMar 6, 2021
In contrast to reports of India banning the trading of cryptocrrrency that were going around prior to the budget for 2021-22, Finance Minister Nirmala Sitharaman said the government is still in the process formulating its opinion and can be trusted to take a calibrated position
Bitcoin price to $1million?Mar 4, 2021
In an interview with Emily Chang from Bloomberg Technology, Jesse Powell, founder and Chief Executive Officer of Kraken said that he believes that bitcoin will eventually replace all currencies in the world.
Kings of Leon is releasing new album as NFTMar 4, 2021
Kings of Leon are the latest among artists to jump on the NFT train. The band are releasing a new album, "When You See Yourself", this Friday, and have announced it will be accompanied by a digital art collection named NFT YOURSELF. Some of the band’s most popular songs are ‘Sex on Fire’, ‘Use Somebody’ and ‘Closer’.
Coinbase IPO an “Amazon moment”Mar 4, 2021
In an interview for CNBC, DA Davidson analyst Gil Luria commented on Coinbase’s upcoming NASDAQ direct listing. Based on a recent note, DA Davidson considers a price target of $195 for the cryptocurrency exchange, based on estimated revenues for the year 2021.
Paypal in talks to purchase CurvMar 3, 2021
According to CoinDesk, PayPal is in the process of acquiring Curv, a technology company that enables the secure storage of cryptocurrency. CoinDesk suspicions are based on reports from three anonymous sources.
One out of four Latin Americans want to pay with cryptoMar 2, 2021
Latin Americans want cryptocurrencies, and not just as hedge against inflation or savings. They want to be able to spend them too, as was revealed in a recent VISA survey.
Citibank reports a potentially bright future for BitcoinMar 1, 2021
In a Citibank report that concludes Bitcoin as “the tipping point of its existence” it is anticipated that Bitcoin could become “an international trade currency”.
China is putting the pressure on bitcoin miners in Inner MongoliaMar 1, 2021
The government of China's Inner Mongolia is considering to to shut down all crypto mining farms in the area.
WeBank and MYbank to trial Digital YuanMar 1, 2021
Following four state-owned banks, two commercial bank in China, part of fintech giants Tencent and Ant Group, have now also started testing the digital yuan by offering it to their customers.
Google Finance adds a ‘crypto’ tab displaying Bitcoin, Ether, LitecoinMar 1, 2021
Is crypto going mainstream or mainstream going crypto? Users of Google Finance are now able to get a quick glance on the top performing cryptocurrency prices on finance.google.com. A new section, called “Crypto,” is now appearing in the “Compare Markets” category alongside conventional stock and currency markets. Key pricing information for top performing cryptocurrencies Is now displayed. These include Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH).
Goldman Sachs Group returns to cryptocurrencyMar 1, 2021
American multinational investment bank, Goldman Sachs Group has reopened its Bitcoin trading desk and will also explore the possibility of launching an exchange-traded-fund. This was revealed by a Reuters source today.
Bitcoin exchanges setting a record in FebruaryFeb 28, 2021
Cryptocurrencies are becoming increasingly popular. Partly due to the accelerating adoption by large investors and companies, prices have risen sharply in recent months. Consequently, the cryptocurrency exchanges are doing good business. The exchanges even set a new record yesterday.
Rakuten improves integration of cryptocurrency in its servicesFeb 26, 2021
In a press release issued last week, Japanese Rakuten group announced that it will ease the use of cryptocurrencies for their users.
One of the oldest Swiss banks is now offering cryptocurrency tradingFeb 25, 2021
Swiss private bank Bordier & Cie SCmA , founded in 1844 is now offering its customers the possibility to trade in Bitcoin and other cryptocurrencies.
JPMorgan Chase is advising clients to invest 1% in BitcoinFeb 25, 2021
JPMorgan Chase, United States' largest investment bank, is advising its clients to invest 1% of their portfolio in cryptocurrencies such as Bitcoin (BTC). This is evident from a note in the hands of Bloomberg news agency that was published on February 25.
Cryptocurrency gambling traffic tripling up in 2020Feb 19, 2021
The absolute and relative value of cryptocurrency gambling traffic has seen a 300% increase year-over-year in 2020. This according to the SoftSwiss Game Aggregator 2020 corporate report.
BlackRock $8.7 trillion asset management “dabbling” into BitcoinFeb 18, 2021
BlackRock, the world's largest asset manager, with over $8.7 trillion in assets under management in January 2021 is “dabbling” into bitcoin. According to Rick Rieder, Chief Investment Officer at BlackRock Asset Management, the Asset Manager has its eyes on bitcoin after a double filing with the U.S. Securities and Exchange Commission (SEC). While it does not come as a surprise with many investors now looking for alternative ways to store value, the potential effect of their involvement on the bitcoin and cryptocurrency world is at least noteworthy.
Coinbase $77 million estimated valuation ahead of public listingFeb 17, 2021
It is no secret that cryptocurrency exchange Coinbase is currently getting ready to trade publicly in the next couple of months. In a press release issued on January 29, Coinbase stated their intentions to become a publicly traded company pursuant to a proposed direct listing of its Class A common stock. Coinbase current value is estimated at $77 billion. According to some people with knowledge of the auction, Nasdaq Private Market might be acquiring those shares in the largest crypto exchange in the US at $303 apiece.
BNP Paribas studies NFTFeb 15, 2021
In 2020, the market's trading volume on Non Fungible Tokens (NFT) exceeded 200 million euros, a fourfold increase compared to 2019. NFT represent a total market capitalization of 275 million euros and consist mainly of digital token versions of artwork, music, games and collectibles. This according to study by L'Atelier, an analytical team of the French banking giant BNP Paribas, performed with NonFungible.com. The study included a review of global market trends, profitability and forecasts.
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