St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges

St. Louis Fed President Says Central Bank's 'Credibility Is on the Line' as US Inflation SurgesInflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 per month. Meanwhile, the U.S. Federal Reserve is expected to raise the benchmark interest rate in March and St. Louis Fed president James Bullard believes the […]

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Crypto Exchange Binance.us Hires Former Financial Regulator

Crypto Exchange Binance.us Hires Former Financial RegulatorBinance.us has hired Manuel Alvarez, a former financial regulator from California, to work as its chief administrative officer. The San Francisco-based crypto exchange, which sources technology from Binance, is aiming to deal with “the big question” — compliance. Binance.us Filling Roles in Compliance, Risk Management, and Legal Binance.us, powered by matching engine and wallet technologies […]

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Coinbase Announces San Francisco HQ Shutdown by 2022

coinbaseCoinbase, the most prolific U.S.-based cryptocurrency exchange, has announced it will close the doors of its former San Francisco HQ by 2022, in its push to go 100% remote. Earlier the company had announced its intention of ditching the traditional office-based model to decentralize its operations and instead impulse work from home politics as part […]

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$1 Million per BTC in 10 Years: ‘In Terms of Dollars Bitcoin Is Going to Infinity,’ Says Kraken CEO

$1 Million per BTC in 10 Years: 'In Terms of Dollars Bitcoin Is Going to Infinity,' Says Kraken CEOWhile bitcoin prices have been coasting along between $46k to $48k during the last three days a number of proponents are still bullish about the crypto asset’s long-term value. On Thursday, Kraken CEO Jesse Powell said that he thinks bitcoin could easily reach a million-dollar valuation per coin. “When you measure it in terms of […]

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Coinbase Launches Cryptocurrency Visa Card in the US

Coinbase Launches Cryptocurrency Visa Card in the USU.S. customers can now apply for the Coinbase Visa, a card that allows users to spend digital assets anywhere Visa is accepted. In addition to the U.S. launch, Coinbase cardholders will be able to earn up to 4% back in stellar or 1% back in bitcoin. A while back, the San Francisco-based cryptocurrency firm Coinbase […]

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Ethereum’s Gas Spike Forces Coinbase Pro to Pass Network Fees to Customers

Ethereum's Gas Spike Forces Coinbase Pro to Pass Network Fees to CustomersWhile Ethereum network fees have jumped to new highs this year, the popular cryptocurrency exchange, Coinbase Pro, announced that the trading platform would be passing network fees onto customers. The move followed the exchange listing Uniswap’s native token UNI, an airdrop that saw miners collect close to $1 million in gas in less than an […]

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Purse.io Returns: Company Reveals Crypto Marketplace ‘Is Here to Stay’

On April 17, new.Bitcoin.com reported on the crypto marketplace Purse.io announcing the company would dissolve. Six days later, Purse revealed that the team is reconsidering the decision and explained that well known bitcoin advocates reached out with interest in acquisition. More than a week ago, the popular cryptocurrency marketplace Purse.io abruptly announced its decision to […]

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Crypto Marketplace Purse.io to Dissolve Operations After 6 Years

Crypto Marketplace Purse.io to Dissolve Operations After 6 YearsOn April 16, the crypto firm Purse.io announced the company is planning to dissolve after six years of operation. The marketplace provided incentives for people who wanted the lowest price points by leveraging cryptocurrency solutions. New signups on Purse have been disabled and the company’s doors will officially close in June. Also read: $2,000 a […]

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