Crypto

The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton/File Photo. The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times […]

New York (CNN Business)Wall Street logged its worst month of the year in September, and also ended its final trading day of the quarter in the red.Stocks have been extremely choppy in September, as investors grappled with an abundance of issues: high inflation expectations, rising bond yields, the pace of the economic recovery, America\’s debt

Elon Musk sees a long-term role for cryptocurrency, \”but I don\’t think it\’s the second coming of the Messiah,\” he said at the Code Conference this week. The SpaceX and Tesla chief noted that cryptocurrency is fundamentally aimed at reducing the power of a centralized government, which rankles authoritarian countries like China, where cryptocurrency mining

The accelerating pace of inflation is one of the main economic trends of 2021. The Consumer Price Index or CPI, the government\’s main inflation gauge, has ran around a 5% annual pace for the past several months, well above last year\’s 1.4% rate and the 50-year average of about 3.9%. Higher rates of inflation have the potential

After the latest reports about a cryptocurrency ban being enforced by Chinese authorities once again, bears pushed Bitcoin\’s (CRYPTO: BTC) price down to under $41,000 and most of the cryptocurrency market followed suit — but many suggest that this is just a momentary setback and a buying opportunity. See Also: IS CRYPTO BANNED IN CHINA?  What Happened: According to

Beijing (CNN Business)China is intensifying its crackdown on cryptocurrencies.Chinese government agencies including the country\’s securities regulator and the People\’s Bank of China (PBOC) said in a statement on Friday that all cryptocurrency-related business activities are illegal and vowed to clamp down on illicit activities involving digital currencies.The agencies said that overseas crypto exchanges would be

Goldman Sachs expert Andrew Lokenauth believes that the Ripple XRP is likely to take precedent as the public coin as soon as the Ripple foundation is able to resolve its issues with the security exchange commission (SEC). Lokenauth has been dealing with cryptocurrency in his years, holding different positions at Goldman Sachs, AIG bank, and

Ripple continues, despite a certain static in the price, to expand its influence in the world of the real economy – and in particular in those economies where there is greater freedom in terms of adopting new solutions. PayDek – company that deals with trans-national payments and offers advanced services a freelance and to those who work in the

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Drama raged in the high seas as a collective of libertarian crypto bros’ proposed utopia — a seafaring community of ships and floating pods in the shape of the Bitcoin symbol — fell apart. In The Guardian‘s investigation into the bizarre project, in which wealthy crypto enthusiasts bought a discounted cruise ship, named it the Satoshi in