"A breakout in bitcoin in absolute terms would support a risk-on environment favoring Ether and other altcoins," Katie Stockton said.
'We don't regulate euphoria,' says former SEC Chairman Jay Clayton, who breaks down why social media will likely continue to influence investing
Social media frenzies have encouraged retail investors to jump into meme stocks and certain cryptocurrencies, pushing up prices beyond fundamental values. The influence is likely to stay, according to former Securities and Exchange Commission Chairman Jay Clayton. "It is a remarkable development," Clayton said during a Monday investor roundtable with...
Cryptocurrencies were created as an alternative to traditional fiat money, such as dollars and euros. Besides offering a higher level of security and convenience in use, the critical advantage of crypto is anonymity. Although you may not have to provide personal information to create a bitcoin wallet, the cryptocurrency’s network...
A crypto developer is ignoring SEC subpoenas and suing the agency instead, saying it set out to embarrass him at an industry events
A South Korean crypto developer says the SEC violated its own rules when it publicly handed him two subpoenas.
Cryptocurrencies, drugs and robots: Elon Musk's 5 predictions that would change the world – Green Entrepreneur
The SpaceX co-founder spoke of the technologies that, according to him, have the greatest future. Elon Musk gives something to talk about again. During his participation in the Code Conference with journalist Kara Swisher, the annual technology conference event held in California, a co-founder of Tesla and SpaceX decided to give his predictions about the future and how his technology will save the world. He focused on topics such as cryptocurrencies, psychotropic drugs, Starlink, the energy problem, and robots.
Many top-name cryptocurrencies have handily outperformed the stock market in recent years. Despite this outperformance, digital currencies come with a lot of risk. The following trio of fast-paced companies are smarter buys, compared to crypto. For well over a century, the stock market has stood head-and-shoulders above all other investment...
Part of Bitcoin's appeal is the idea that nobody controls it, but a recent study found that 0.1 percent of the network's top contributors—just 50 miners—controls 50 percent of Bitcoin's mining capacity. Zooming out to the top 10% of miners finds that they control 90% of mining capacity. Traditional currencies are managed by central banking systems, international organizations, and well-established financial service providers; cryptocurrencies are managed by their networks. But a recent study from the National Bureau of Economic Research (NBER) found that a few entities account for a significant portion of the Bitcoin ecosystem.
The company said it focused on finding investors in Asia, Europe, and the Middle East where it's growing fastest.
PYMNTS research finds that nearly 60% of consumers making cross-border remittances in the past year increased such payments under the pandemic, and, with U.S. consumers sending some $76 billion annually in remittances to people in other countries, the potential to reduce the cost of these payments while increasing their speed is too tempting to ignore.
(Reuters) -Robinhood Markets Inc shares fell below their initial public offering price in after-hours trading after the retail broker reported softer revenue than expected for the third quarter as trading levels for things like the cryptocurrency dogecoin eased. Shares of Robinhood were down 9.02% at $36.00 following the release of...
Fueled by Student and Industry Demand, Higher Ed Must Pivot Towards Emerging Technologies, Including Blockchain and Cryptocurrencies
The University of Southern California is laying out a blueprint to maintain relevance in a topsy-turvy world that dictates that students be able to think critically and respond to external stimuli. I think we can all agree that it isn’t fair. Students engaging in the college experience during this pandemic...
The rise of bitcoin, ether, Cardano’s ADA and related cryptocurrencies – with market capitalizations returning to all-time highs and at times rivaling that of metals like silver and the world’s major financial companies – warrants an examination of investor views, characteristics and sophistication. One motivation for creating these digital assets...
US banking regulators are developing clearer guidelines for banks that deal with cryptocurrencies, report says
"If we don't bring this activity inside the banks, it is going to develop outside of the banks," Jelena McWilliams, chair of the FDIC, told Reuters.
Cryptocurrencies have once again dominated the conversation across markets this fall, scoring fresh highs and drawing interest from investors. Amid this euphoria, GIBX Exchange (GIBXChange) is uniquely positioned to take advantage of this trend, offering attractive benefits for new users and referrals. There is no shortage of crypto exchanges currently...
GBP higher as BoE enters blackout period, inflation expectations rise. Investing.com – The FTSE 100 finished higher on Tuesday amid a global stocks rally that saw the S&P 500 hit another record high. Reckitt Benckiser (LON:RKT) was one of the best performing stocks in the blue-chip index after the company...
Cops around the world from the U.S. to Bulgaria have rounded up and arrested 150 people for selling drugs and guns on the dark web, seizing nearly $32 million in cash along the way, the Department of Justice and Europol announced Tuesday. The majority of the arrests were made in the U.S.—some of the suspects allegedly operated out of Houston, Texas, Miami and Providence, Rhode Island. The sting is part of the U.S. effort to crackdown on the opioid overdose crisis, U.S. officials said. In addition to seizing 27 kilograms (60 pounds), authorities also seized more than 25,000 ecstasy pills, 21.6 kgs of cocaine, and 152 kgs of amphetamine. Cops in the U.S. and Italy also worked together to seize €3.6 million worth of cryptocurrencies, the largest seizure the Joint Criminal Opioid and Darknet Enforcement team has ever made.
A cryptocurrency is a digital currency that works based on a ledger database system and is protected by cryptography encryption, making counterfeiting and double-spending practically impractical. Several cryptocurrencies are built on blockchain technology, a distributed record enforced by a global network of computers. Cryptocurrencies are well known because they are typically not issued nor controlled by any centralized authority, making them potentially impervious to government meddling or manipulation.
Mastercard (NYSE) has announced that it will support cryptocurrency. This allows banks to operate within the Mastercard ecosystem and offer crypto services for almost 1 Billion users and 30 MILLION merchants. Mastercard customers and users will soon have the ability to store and spend cryptocurrency in its products. This includes...