Tag: cryptocurrency
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Circle names BlackRock, Visa and others as initial Arc partners, signaling early institutional backing
Circle on Wednesday revealed the initial group of partners that will help run the company’s new Arc blockchain.
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How crypto miners are stealing power in Southeast Asia
Across Southeast Asia, illegal cryptocurrency miners are stealing vast amounts of electricity, straining national grids, and exposing links to organized crime.
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Analysts see Coinbase miss driven by crypto market weakness, not business fundamentals
Coinbase shares tumbled to end the week as investors weighed a disappointing quarterly loss for the company, as it fought another tough market environment.
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Coinbase shares fall after crypto exchange posts disappointing second-quarter results
Coinbase’s Thursday report marked its third straight quarter missing Wall Street’s forecasts for revenue and earnings.
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Bitcoin may be showing signs of a bottom despite continued consolidation, chart analysts say
Bitcoin is showing its most encouraging signs yet of establishing a long-term bottom after months of weakness, according to chart analysts.
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Crypto stocks rally thanks to rotation from AI infrastructure; bitcoin miners lag
Crypto stocks proved some of the top gainers Monday even as the broader market sold off and capital rotated away from chip and AI infrastructure names.
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Does crypto make your portfolio less risky? Only if you do it right, experts say
There’s a right way and a wrong way to use cryptocurrencies such as bitcoin for portfolio diversification, financial advisors and market analysts said.
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Cryptocurrency exchange BitMEX to shut down
July 23 : Cryptocurrency exchange BitMEX said on Thursday that it will shut down its operations, effective September 23, and said that users’ assets remained safe and under their control. The owner and operator of BitMEX, HDR Global Trading, made the decision as part of a strategic review of the business, th
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DTCC, Wall Street’s post-trade powerhouse, tests tokenized markets with industry heavy hitters
The DTCC is pushing to bring tokenization of real world assets from concept to reality using existing financial infrastructure.
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Japan to recognise cryptocurrency as ‘financial assets’, NHK says
TOKYO, July 15 : Japan’s parliament has passed a law amendment to designate cryptocurrency assets as “financial assets,” NHK news said on Wednesday. They previously fell under the “Payment Services Act.”• As financial assets, cryptocurrency assets will be subject to stricter regulations, for instance those
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