Institutions exhilarated to dabble with cryptocurrencies, but not enough to go all in. The continuous Bitcoin purchases from institutions are enough to place one under the impression that interest rates from these firms have hit the roof, but BlackRock’s Larry Fink finds that to be misleading to a large extent. […]
The President of the United States, Joe Biden, has signed an executive order sanctioning US companies from participating in the Russian bond market. The White House said: “Treasury issued a directive that prohibits U.S. financial institutions from participation in the primary market for ruble or non-ruble denominated bonds issued after […]
U.S.-based cryptocurrency exchange Coinbase Global became the first cryptocurrency exchange in the U.S. to become a publicly-traded company. Its Class A common stock began trading on the Nasdaq Global Select Market under the ticker symbol “COIN” on Wednesday. The largest US cryptocurrency exchange made its debut in the stock market […]
Congressman Kevin McCarthy (R-CA) has stated categorically that the lukewarm albeit draconian approach of U.S. regulators towards bitcoin (BTC) and other cryptocurrencies will have dire consequences for the nation, as other jurisdictions are fast ahead of the U.S. in the digital currency innovation, according to a Forbes report on April […]
The European Medicines Agency Wednesday said that it believes the benefits of Johnson & Johnson’s (JNJ) COVID-19 vaccine outweigh the risks of side effects. The regulator issued the statement following a temporary halt of the vaccine in the US after reports of extremely rare blood clotting. The other day, the […]
As the cryptocurrency industry continues to grow, so too does the mainstream attention towards it. Bitcoin in particular has been praised by many whilst simultaneously drawing the ire of others. It should come as no surprise that governmental and regulatory bodies all over the world would want to get involved […]
The New York Stock Exchange or NYSE has adopted the new trend of launching Non-Fungible Tokens or NFTs by becoming the first stock exchange to roll out a series of NFTs that celebrate the first trades of six companies. The NYSE First Trade NFT memorializes that unique moment in a […]
Grayscale and TIME Magazine have inked a partnership deal that will see both firms create an educational video series aimed at enlightening the masses on bitcoin (BTC) and other cryptocurrencies.TIME and its president Keith Grossman will be paid in bitcoin (BTC) for the deal and the company has hinted that […]
(Source: Currency.com) Users like to Diversify their Portfolio The majority of Currency.com users prefer to diversify digital assets, i.e., in addition to BTC they also like to keep several other altcoins in their portfolio. Exactly 1/3rd of the respondents like to invest only in BTC while 13.5 invest exclusively […]
On April 12, 2021, business intelligence firm MicroStrategy said that its non-employee board members will now receive their fees in BTC instead of cash. BTC Payments Are Underway The announcement came in an 8-K filing with the US SEC, where the firm asserted that they wish to modify their compensation […]
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