Fri, March 29, 2024

Cryptocurrencies

Coinbase

Coinbase said its direct listing would be on April 14

Cryptocurrency exchange Coinbase announced on Thursday that it would begin trading on April 14 after receiving the green light from the Securities and Exchange Commission. If everything goes well, the San Francisco-based company, ranked No. 10 on the 2018 CNBC Disruptor 50 list, will become the first crypto exchange to go public in the United …

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blackrock

BlackRock decided to take part in the crypto industry 

Investment firm BlackRock hinted that it could add Bitcoin futures to its funds in January. However, the company has already done that.   On Thursday, the BlackRock Global Allocation Fund indicated in new SEC filings that it held 37 futures contracts from the Chicago Mercantile Exchange, their total worth being almost $360,458. That amount represents …

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paypal bitcoin

Bitcoin surpasses $59,000 as PayPal launches crypto payments

Bitcoin surpassed $59,000 yesterday after PayPal confirmed that it had formally launched cryptocurrency payments. According to Reuters’ report, Paypal will introduce its long-awaited cryptocurrency payment feature to customers in the United States. The company caused a stir last year when it confirmed its crypto venture.  According to Dan Schulman, President and CEO of PayPal, this …

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Cryptocurrency and a music school

A Music School From Edinburgh and Cryptocurrency

It is hard to imagine the modern world without cryptocurrencies and a musical based in Edinburgh made an important decision. The Morningside School of Music will begin accepting cryptocurrency for tuition payments following the demands from students.  Based on the information provided by the Morningside School of Music it responded to suggestions from adult pupils …

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crypto market, Australia benefited from Bitcoin

Crypto market avoided rally despite investors’ expectations

Investors expected the crypto market to rally again. However, the great surge hasn’t materialized thus far. Bitcoin climbed up by only 0.87% to $51,807.0 on Friday. After a mixed start of the day, the crypto tumbled down to an early morning low of $51,300.0 before surging forward to a high of $52,115.0. It also left …

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crypto market

Cryptos edge towards bearish territory – market wrap

The crypto market is often volatile. However, it rallied most of the time in recent weeks. Bitcoin reached historical highs, surpassing $60,000 at one time. However, the crypto traded $54,203.0 on Wednesday. It fluctuated during the session, soaring to an early morning high $54,668.0 before tumbling to a low $54,118.0. Overall, it declined by 0.25%. …

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bitcoin

Bitcoin dropped below $55,000. What about other cryptos?

Bitcoin tumbled down by 0.25% to $54,203.0 on Wednesday. After a mixed start of the day, the crypto surged to an early morning high of $54,668.0 before dropping to a low of $54,118.0. It also left the major support and resistance levels untested thus far. Other cryptos fluctuated during the day as well. However, Bitcoin’s …

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bitpanda

Crypto platform Bitpanda’s net worth surpassed $1.2 billion 

Crypto startups are flourishing, picking up pace with amazing speed. Some companies involved in building or operating cryptocurrency market infrastructure have raised the capital of more than $10 million, even though most startups’ net worth remains below that amount. For instance, Fireblocks raised $133 million, and Bitpanda’s newest gain surpasses $170 million.   Bitpanda is …

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Joe Biden plans to tame the crypto. Will he succeed?

Crypto assets, such as Bitcoin, Ethereum, and Ripple, are very volatile. Over the past few years, they hit both dizzying highs and extreme lows. However, Bitcoin is now trading around $60,000. It soared by approximately 1,000% in the last twelve months, and the cryptocurrency overall gained more than 11,000% in the previous five years. So, …

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BItcoin, crypto.com

Visa will become more involved with BTC. What’s the plan?

Visa began a global partnership with Crypto.com. A Hong Kong-based payment and cryptocurrency platform announced this on Thursday. The arrangement includes principal membership in Visa’s network in Australia. In addition, Crypto.com will begin a rollout of fiat lending against Bitcoin and other digital coins as collateral.   Crypto.com launched its pre-paid Visa Card in Singapore …

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Ethereum

Ethereum Dwindles at $1,700-theshold, Updates of P-o-S

Bitcoin has had a relative weakness since the start of the week. Ethereum dwindles at $1,700 per token, with the day’s high hitting $1,800 briefly. Altcoin started to release some steam after nearing $2,000 last week. The crypto gold had an all-time high milestone in the previous week. On the other hand, traders are looking …

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BTC dipped below $45,800

Bitcoin declined after surpassing $61,742 on Saturday 

Bitcoin tumbled down by 9.2% on Monday after hitting the record high during the weekend. First time in history, the crypto surpassed $61,000, trading at $61,742 on Saturday. Bitcoin skyrocketed to its latest all-time high. This was caused by traders’ optimism that some of the Covid-19 pandemic relief payments in the U.S. would end up …

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Why is the Future of Credit on Blockchain?

Why is the Future of Credit on Blockchain?

Forecasts show that blockchain will revolutionize various processes. Its features and innovative functionality are gradually changing pre-existing systems — and credit scores aren’t any different. According to FICO’s ratings, the average American’s credit score is 703, which is ‘good.’ Credit score calculations rely on several variables concerning your credit history. They include a number of open …

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ETH, optimism

Optimism found solution for two-week-long withdrawals on ETH

The Dai stablecoin is getting more speed and fee enhancements thanks to its new upgrade on layer-two. Decentralized lending protocol MakerDAO is producing this digital coin. However, ETH scaling solutions provider company, Optimism will contribute the technology for its update.   On Tuesday, Sam MacPherson, co-founder and CTO of gaming firm Bellwood Studios announced that …

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