Cryptocurrency Analysis and News Portal
“First Mover” hosts spoke with CryptoX Global Policy & Regulation Managing Editor Nikhilesh De for the key takeaways from the U.S. Senate Banking Committee hearing on stablecoins yesterday. Matt Leising, co-founder of DeCential and author of “Out Of The Ether,” shared his views on DAOs’ evolution and outlook and what
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According to a statement Wednesday, the Fed will double the pace of tapering its monthly bond purchases, reducing them by $30 billion every month until they’re completely wound down early next year. Under the Fed’s previous plan, it would have withdrawn $15 billion of the stimulus every month to wind
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An average American taxpayer received three rounds of stimulus checks from the United States government as a means to reignite the economy by increasing consumers’ spending potential. For many, this meant an opportunity to invest in Bitcoin (BTC).A Cryptox report from Aug. 26 shows that 11% of the respondents between
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The cryptocurrency is currently trading marginally lower on the day near $57,300, having earlier touched a five-month high of $58,500. It is up 30% this month, though, buoyed by increased expectations that the U.S. Securities and Exchange Commission will soon approve a futures-based bitcoin exchange-traded fund (ETF). Source
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Crypto had started to bull in 2020 at the height of the pandemic. Most thought that the financial markets would suffer greatly when most of the world went into lockdown, this would turn out to not be the case. Although the various markets had experienced price crashes at the beginning
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A new survey has found that more than one in ten American citizens aged between 18 to 34 have invested part of their Covid-19 stimulus checks into crypto assets.Conducted by CNBC and research firm Momentive, the survey queried 5,530 adults and found that 11% of survey participants had purchased cryptocurrency with
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PayPal is assessing ways to introduce digital wallets to deliver stimulus payments.PayPal CEO Dan Schulman is evaluating a move that will introduce a digital wallets system as a banking procedure where people will get their money transactions initiated with minimal efforts. The company is planning to revise their existing bank
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Most Americans who expect to receive the next round of relief bill stimulus checks will use the money to buy necessities and pay off debts, but some are still willing to invest in cryptocurrencies like Bitcoin (BTC), a new poll reveals.A study conducted by Harris Poll on behalf of Yahoo
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In brief:The first $1,200 stimulus check has appreciated to $10,278 if the recipient invested in BitcoinThe second $600 stimulus check has appreciated to $1,227 if it also bought BitcoinThe third round of stimmy checks is on its way with details of the rollout expected soonChances are, recipients will buy Bitcoin
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