Finance and Business News

Robinhood Markets (HOOD -3.5%) rolls out a Recurring crypto investing feature that enables users to regularly buy coins, commission-free, on a daily, weekly, or monthly schedule. The strategy of investing small amounts on a Recurring crypto investing basis, instead of large amounts all directly, is termed dollar cost averaging. That may free price swings, Robinhood […]

Coinbase CEO Brian Armstrong infotmrf regarding the U.S. Securities Exchange Commission approach to its planned DeFi lending service. Brian Armstrong provided information on Twitter on Sept. 8 to defend his companies position against the newest report from Sam financial regulator, the Security Exchange Commission. In a blog post titled “The SEC has told us it […]

While bitcoin prices have risen in value during the last fortnight, Bitcoin Market Dominance levels have slipped to lows not seen since the June 6 low of 41%, and also the dip to 39.97% on May 16, 2021. Betting on the crypto market value aggregator leveraged, Bitcoin Market Dominance has been between 39.99% to 41.52%. […]

Global investment bank JPMorgan says Crypto markets are “looking frothy” as retail investors spill over from the exchange into Crypto and non-fungible tokens (NFTs). Crypto Markets Look Frothy, consistent with JPMorgan JPMorgan published a note Wednesday on the exchange and cryptocurrencies. It explains that retail investors bought stocks at a record pace over the summer […]

The Federal Reserve Bank of Australia revealed that payments made via digital wallets for in-person transactions grew to eight percent in 2019, a six percent gain since 2016. The government in Australia is going to introduce new, much more tighter laws that are meant to control and regulate giant Digital Wallets service providers like Google, […]

Reddit was recently valued at $10 billion after closing a non-public fundraising round and preparing IPO Seeking for $15+ Billion Early Next Year. Reddit Inc, an American social media platform focused on news aggregation including Cryptocurrency, Bitcoin and TheCoinrise subreddit and online page rating, is reportedly preparing for a $15 billion-plus initial public offering (IPO) […]

The world is just start breathing after Covid-19 pandemic disaster. Governments are lifting lockdowns, restrictions are being more relaxed, and the economy is slowly returning to a pre COVID-19 times. As a result, consumer spending is on the increase. Bitcoin VS Global Inflation – Global Inflation Heats Up, Bitcoin Saves Global Inflation Is On the […]

PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost the use of digital assets in everyday crypto checkout service for commerce. Customers who hold bitcoin, ether, bitcoin cash and […]

TL;DR Breakdown: The US Federal Reserve is planning to unveil its research on a potential digital dollar in July. However, there are mixed feelings amongst banks and other financial institutions on the need for CBDC.  The United States is among the countries researching a potential central bank digital currency (CBDC), although there’s currently no approval […]

Deutsche Bank says it expects bitcoin to remain “ultra-volatile” due to its limited tradability, adding that just a few large purchases could impact cryptocurrency’s demand and supply. German banking giant Deutsche Bank says it expects bitcoin to remain “ultra-volatile” due to its limited tradability, adding that just a few large purchases or market exits could […]

In brief Bitcoin hit $60k before pulling back. Mid-caps saw small lateral movements across the day while Cardano slid 10%. The Nasdaq had its worst performance in nearly a month on fears of rising interest rates. The fun and games continued with crypto prices this week. While yesterday saw a rally in prices, things look […]

Privacy-focused browser Brave has acquired open search engine Tailcat to introduce its own alternative to Google Search later this year. Major privacy-focused browser Brave is inching closer to offering a private search engine.  Brave announced Wednesday that the company has acquired Tailcat, an open search engine developed by a group formerly working on privacy search […]

Gazprom Neft aviation refueling subsidiary has piloted a blockchain-based refueling payment project to automate and accelerate transactions. Russian oil firm Gazprom Neft’s aviation subsidiary — Gazpromneft-Aero — announced Monday that it has completed a successful pilot of its blockchain-based refueling project, Smart Fuel. The new platform was implemented for more than 100 scheduled flights of Russian […]

Google Finance has now added a crypto market tab to its business tool.  Google Finance Recognizes Crypto The search engine has added a fifth “Crypto” tab on Google Finance—along with the U.S., Europe, Asian Markets, and Currencies. The application imports the price data from Coinbase.  The section lists an ”about” widget for the four cryptocurrencies […]

Presently, Estonia is Europe’s leader in terms of ease of doing business, digital capabilities, and human capital. Estonia has a significant track record of attracting global investments and innovations from startups to multinational companies and Cryptocurrency Business opening. Today, the world’s digitalized society stands as a powerhouse in IT, international business services, industrial, and supply […]

The stock price of a Chinese gaming firm listed on NASDAQ soared by 87% on Monday after it announced a pivot to enter cryptocurrency mining. The9 Ltd, a Shanghai-based gaming firm launched in 2004 that once had exclusive license of War of Warcraft in China, said on Monday local time it has inked a a […]

The Bank predicts a long-term price target of $146,000 for Bitcoin Price and expects investors to pull money out of gold. Bitcoin price is expected to take advantage of the money outflow from the gold market, says JPMorgan. One of the world’s leading investment banks mentioned in a note that the long-term price target of […]

From the coronavirus pandemic to the global financial market meltdown, there’s been no shortage of risks keeping traders up at night in the earlier parts of this year. Shockwaves aside, 2020 will forever be remembered as the year cryptocurrencies — namely, Bitcoin — catapulted into the global spotlight. After a banner 2020, with gains of nearly 500% since […]