Massachusetts regulator seeks to revoke Robinhood’s broker-dealer license
State regulators claim that Robinhood has targeted inexperienced investors. Go to Source Powered by WPeMatico
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Finance officials pour cold water on cryptocurrency amid Coinbase celebrations
Economic gatekeepers are rounding on cryptocurrency as media attention intensifies amid the Bitcoin boom and Coinbase listing. Go to Source Powered by WPeMatico
Nearly 75% of professional investors see Bitcoin as bubble: survey
Bank of America asked 200 professional investors with $533 billion in assets under management about their opinions on Bitcoin. Go to Source Powered by WPeMatico
US Senate votes to confirm Gary Gensler as SEC chair
Gensler’s confirmation comes almost three months after President Joe Biden first announced he was his pick for the SEC. Go to Source Powered by WPeMatico
Canadian Bitcoin ETFs quickly hit $1.3B in AUM while US acceptance lags
In less than two months, one Canadian Bitcoin ETF attracted $1.1 billion in assets under management, while two more funds are also growing their AUMs. Go to Source Powered by WPeMatico
Latest Episode of The Simpsons Prices Bitcoin at ‘Infinite’ as the Crypto Consolidates Above the $60K Threshold
Bulls are taking the reins of the price action in the bitcoin across the board, making a solid breakout above the $60,000 threshold, reaching new all-time highs, and it seems The Simpsons “did it again.” In a new episode broadcasted on Sunday, BTC is highlighted in a ticker news feed with the infinite sign. Gamestop … Read more
NFTs by mail? US Postal Service plans to support postage tokens
The government agency reported $73.1 billion in revenue from postage and other services in the 2020 fiscal year. Go to Source Powered by WPeMatico
Republican Kevin McCarthy says Fed chair needs more education on crypto
The House minority leader said the United States should not take a backseat to China when it comes to digital currencies. Go to Source Powered by WPeMatico
Linux Foundation launches blockchain-based platform for insurance
The Linux Foundation and the American Association of Insurance Services are co-launching a blockchain-based platform to help the insurance industry. Go to Source Powered by WPeMatico
US firm splashes out on 4,800 Bitcoin miners worth $34M
A U.S. firm expects to double its Bitcoin hashing power after the purchase of 4,800 new S19J mining rigs from Bitmain. Go to Source Powered by WPeMatico