Biggest ever monthly BTC price drop: 5 ‘gyrations’ to watch in Bitcoin this week
A shake-up among miners and feasting whales provide the backdrop for serious volatility in Bitcoin continuing. Go to Source Powered by WPeMatico
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Chinese blockchain stocks lose less in crypto market bloodbath
After banning crypto trading in 2017, China is less affected by movements on the crypto market in terms of its blockchain-tied equity market. Go to Source Powered by WPeMatico
Coinbase Shares Down 27%, $1.2B Convertible Debt Deal Announced, Shareholder Letter Says ‘Competition Increasing’
Coinbase shares have dropped in value during the last month after opening at $342 per share. The company’s shares have dropped over 27% to $248 per share since the Nasdaq listing in mid-April. On Monday, the firm further announced intentions to sell $1.25 billion of convertible debt. Coinbase Shares Drop Below Reference Rate Coinbase Global, … Read more
Coinbase (COIN) falls below $250, blockchain stocks sell off as Bitcoin dip continues
COIN, MARA, RIOT and other blockchain-related stocks continue to slide as Bitcoin struggles to hold above $43,000. Go to Source Powered by WPeMatico
Bank of America partnership with Paxos will allow same-day trade settlements
Joining the Paxos Settlement Service could allow many Bank of America customers to settle stock trades in minutes rather than days. Go to Source Powered by WPeMatico
State-Owned Swiss Bank Postfinance Launches App Supporting 13 Cryptocurrencies
The banking subsidiary of the national postal service of Switzerland, Postfinance, has launched a mobile app providing clients with access to cryptocurrencies, ETFs and more. The software allows users to make payments, save funds or invest in various assets, with a commitment to a level of security provided only by the country’s leading online banks. … Read more
Coinbase stock plunges to record low, further decoupling from crypto
The stock was down by as much as 6.5%, even as the overall cryptocurrency market reached new all-time highs. Go to Source Powered by WPeMatico
Nasdaq-listed insurer Metromile plans $10M Bitcoin purchase
The company will soon accept BTC payments on insurance premiums as part of a broader embrace of digital assets. Go to Source Powered by WPeMatico
WallStreetBets combats market manipulation using blockchain
The grassroots movement is dedicated to “rooting out corruption” with its latest exchange-traded portfolio and token offerings. Go to Source Powered by WPeMatico
S&P launches cryptocurrency indexes, debuting with Bitcoin and Ether
S&P Dow Jones Indices introduces three crypto indices to bring transparency to the emerging cryptocurrency market. Go to Source Powered by WPeMatico