Cryptocurrency Analysis and News Portal
U.S. financial services firm Citi considers offering Bitcoin services following a flood of interest from its clients. The firm is one of many banks that has warmed to cryptocurrency in recent times. Although Citi has only signaled an interest at this time, a new custody initiative backed by Fidelity could soon
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According to the Q1 earnings report, 70% of Verizon’s revenue came from wireless business. Verizon Communications Inc (NYSE: VZ) stock tweaked a bit during Wednesday’s pre-market but traded around yesterday’s close, $58.39. At the time of writing, at the trading session, VZ is 0.41% down, at
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While Chinese firms eventually become successful trading in US markets after making their public debuts, some firms underperform with even getting kicked out due to one scandal or another. In what appears to be the most tumultuous year for most businesses, Chinese firms that listed in US exchanges through an Initial
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Bitcoin is often called digital gold, much to the dismay of gold bugs like Peter Schiff. Unfortunately for
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Bitcoin has woken up from its recent slumber. But a bull revival might need a break above $11,200. Source
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BlackRock declared revenue of $3.65 billion in Q2, 3.7% higher than in the same period last year. After the positive results, BLK stock is slightly up in the pre-market.BlackRock Inc (NYSE: BLK) has recently published its Q2 2020 financial results and joined the row of companies that have already done
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Elrond (ERD) believes it has what it takes to overcome the behemoths of the proof-of-stake, or PoS, world.This Romanian PoS blockchain raised $3.25 million in an Initial Exchange Offering, or IEO, in July 2019. Elrond CEO, Beniamin Mincu, told Cryptox that Binance’s IEO process was very tough. He explained though
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It was $10,000 or bust as bitcoin traded unremarkably for much of Monday. Bitcoin (BTC) was trading around $9,706 as of 20:00 UTC (4 p.m. ET), slipping by less than a percent over the previous 24 hours. At 00:00 UTC on Monday (8:00 p.m. Sunday ET), bitcoin was changing hands ataround $9,760
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Bakkt’s physically settled BTC contracts has seen larger open interest for May expiry in comparison to CME’s cash-settled ones as institutional interest in the crypto market is on a surge.Intercontinental Exchange’s (ICE) digital asset platform Bakkt is making much faster inroads in the Bitcoin Futures market. With the rising institutional
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The first quarter left bitcoin under stress as it gave up all its early yearly gains to the fast-spreading Coronavirus pandemic. As of March 31, 23:59 UTC, the cryptocurrency was down by 10.53 percent to $6,424.35 on Coinbase crypto exchange.While bitcoin did not behave like a safe-haven in times of
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