As investment bank JPMorgan (JPM) said in its recent research piece, the quick rise of Bitcoin (BTCUSD), which swiftly reclaimed its market capitalization in excess of $1 trillion, came as a result of a number of factors, including the increasing presence of institutional investors seeking to hedge against inflation.
October 13, 2021
2144
U.S. Bancorp (USB) said it is launching its own cryptocurrency custody service aimed at institutional investors in partnership with New York Digital Investment Group (NYDIG).
October 6, 2021
2053
Investors become more and more frustrated by the low profitability of brick-and-mortar bank deposits but those who are unwilling to accept market risks, seem to have found a solution: so-called crypto-credit accounts that offer interest rates of 9% and higher.
September 30, 2021
2128
China is intensifying its crackdown on cryptocurrencies. According to CNN, Chinese government agencies including the country's securities regulator and the People's Bank of China (PBOC) declared in a recent joint statement that all cryptocurrency-related business activities are illegal and promised to shut down “all illicit activities involving digital currencies”.
September 24, 2021
2088
On Friday, Switzerland cleared the way for increased trading of Bitcoin and other digital assets in the country by agreeing to create a new digital stock exchange.
September 13, 2021
2200
It’s generally a negative day for cryptocurrencies today with Dogecoin (DOGE) and Cardano (ADA) shedding almost 10%, while Ethereum (ETH) down over 5%, but Bitcoin (BTC) looks meticulously stable thanks to a truly historic event, which can ignite a chain reaction of smaller nations’ adoptions of cryptocurrencies as official payment media.
September 7, 2021
2254
Dogecoin (DOGE) is under pressure today losing over 2% to $0.2762 and, as some authors suggest, it may be heading much lower towards $0.22 level soon.
August 26, 2021
2085
The world’s most geographically diverse crypto exchange Binance has been struggling for its full legitimacy for a long time.
August 24, 2021
2176
U.S. retail giant Walmart (WMT) is reportedly looking for someone to develop a roadmap for digital currency and is joining Amazon (AMZN) in the search for ways to allow shoppers to pay for goods using cryptocurrencies.
August 18, 2021
2410
August 6, 2021
2854
April 24, 2024
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May 6, 2024
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April 12, 2024
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