Cryptocurrency Analysis and News Portal
Payments firm Block, formerly known as Square, will allow its Cash App users to gift as little as $1 in stock or bitcoin, according to a Tweet Tuesday.”It’s as easy as sending cash, and you don’t need to own stock or bitcoin to gift it,” the company said in its
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The Bitcoin NUPL indicator shows the market is currently testing a key support level that may be a junction between bullish and bearish trends. Bitcoin NUPL Shows Market Currently Stands At Key Support Level As per the latest weekly report from Glassnode, the NUPL shows that the market has entered a key
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The American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bitcoin mining operation Terawulf. According to reports, Paltrow and a group of investors made a “substantial, 8-digit equity investment” in the company. Paltrow is well known for her involvement with cryptocurrencies and joined the crypto
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Massachusetts Senator Elizabeth Warren did not hold back in her criticism of decentralized finance, expressing concern about how a run on stablecoins would affect the average investor.In a Tuesday hearing with the Senate Banking Committee discussing stablecoins, Warren questioned Professor Hilary J. Allen of the American University Washington College of
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United States crypto exchange Coinbase has made new upgrades to its self-custody wallet, including adding support for nonfungible tokens, or NFTs, in a move that could drive further adoption of its browser extension. The company announced Tuesday that Coinbase Wallet will soon be able to support NFTs, giving users the ability
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Lennard Neo, head of research at Stack Funds, attributed the cryptocurrency’s recent drop to the market uncertainty leading investors to take risk off the table. Bitcoin is seen by some investors as a risk-on asset, which generally refers to assets that have a significant degree of price volatility such as
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Crypto exchange Binance is winding down its exchange operation in Singapore after the company decided to withdraw its application with the Monetary Authority of Singapore (MAS) to operate a digital asset exchange in the country. “Buying and selling of crypto from existing assets of users will be discontinued from 13
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Cyprus is moving to regulate the cryptocurrency industry, with the country’s finance ministry releasing a national risk assessment on crypto.Published on Monday, the official documentation provides a risk assessment for the Republic of Cyprus regarding money laundering risks related to virtual asset activities and virtual asset service providers (VASPs).The Ministry of
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On the Brazilian stock exchange, B3, Hashdex already listed the Nasdaq Hashdex Bitcoin Reference Price Index Fund, a fully bitcoin-based ETF that seeks to neutralize carbon emissions, and an ether-backed ETF. In Brazil, it also launched a bitcoin-backed fund aimed at qualified investors. Source
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NYDIG said in a press release Tuesday that it is bringing on $1 billion in growth capital to lead bitcoin further into Wall Street.The round was led by WestCap and joined by Bessemer Venture Partners, FinTech Collective and existing investors Affirm, FIS, Fiserv, MassMutual, Morgan Stanley and New York Life,
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