Tag: cyrptocurrency

Ether, on Winning Streak, Surges to Record Over $3.2K, Tops Bank of America on Market Cap

Ether’s milestone comes with surging trader interest in the leading smart-contracts blockchain. Ether (ETH), the native cryptocurrency of the Ethereum blockchain, surged Monday to a new record price of over $3,200 amid fresh speculation the network’s value might soar as more traders warm to the potential of decentralized finance, known as DeFi, and other uses…
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Bitcoin’s Drop on Biden’s Proposed Tax Hike Just Temporary, BCB CEO Says

“While the shock may be sustained in stock markets, the nature of cryptocurrency will see straight through this dip,” Landsberg-Sadie told CoinDesk. Bitcoin (BTC) has slumped more than 8%, over a 24-hour period, a drop attributed to U.S. President Joe Biden’s proposed tax increase on capital gains on those earning above $1 million. But the…
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Crypto Weekly Summary April 11-18

Bitcoin $ 8000 drop The fall of other digital currencies AgeUSD will be Cardano’s first StableQueen AgeUSD is a type of Stablecoin algorithm that will soon be introduced in the Cardano blockchain. The ADA, the Cardano Foundation’s native token, is currently the seventh most valuable currency in terms of market value. AgeUSD is the first…
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Bitcoin Price Drops as Turkey Bans Crypto Payments Amid Currency Crisis

Turkey’s crypto ban sets a bad precedent for other countries mulling similar moves. Billionaire investor Ray Dalio’s fear of governments outlawing bitcoin (BTC, -1.59%) to preserve their monopoly over currencies has come partly true in Turkey.   The currency crisis-riddled country announced a ban on cryptocurrencies as a means of payment early Friday, souring the…
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Ether Options Market Sees Record Open Interest of $3B

Market activity is surging as the Ethereum blockchain’s native cryptocurrency rises to fresh all-time high prices. Ether‘s options market is witnessing an explosive growth as the second-biggest cryptocurrency rallies to fresh all-time highs above $2,400. Open interest, or the total number of open long and short positions in call and put options, rose to a…
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ETF investors say Coinbase listing will cause explosion in crypto investing

The pending Coinbase direct listing, scheduled for Wednesday on the Nasdaq under the symbol COIN, is exciting a broad base of the investment community outside the usual cryptocurrency crowd. “Coinbase is going to blow people’s minds,” said Matt Hougan, chief investment officer at Bitwise Asset Management, which pioneered the first cryptocurrency index fund. “I think…
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Signal the Messaging App Launches Cryptocurrency Payments

Encrypted messaging application Signal announced on Tuesday its launch of a cryptocurrency payments feature for its beta version in the UK. Signal Takes Its Privacy Features a Step Further Signal bases operations on the assurance of absolute privacy for its users through a strong encrypted dead-simple interface. The encrypted messaging application promises its users that…
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Goldman Sachs May Start Offering Bitcoin to Wealthy Clients Later This Year

CNBC has reported that banking giant Goldman Sachs intends to start offering investment in Bitcoin and other digital assets to its wealthy customers later this year, citing the bank’s new head of digital assets. Goldman Sachs seems to be following in the footsteps of Morgan Stanley, which announced BTC exposure on March 17. In the second…
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