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Tag: Bloomberg

USDT Stablecoin Market Cap of $51B+ Now Exceeds Insured Deposits at Most US Banks, Quarterly Report of Tether Reserves Expected Soon

Tether (USDT), the world’s largest stablecoin (or digital asset that’s supposed to be backed 1-to-1 with major fiat currencies like USD and cash...

Is Bitcoin Immune to the Effects of Biden’s Recent Tax Proposal?

The crypto market including bitcoin might be immune to the repercussions of the proposed tax hike by Biden because of small segmentation.

This venture capitalist’s $2.5 million investment in Coinbase turned into $4.6 billion

Eight years ago, Fred Wilson, a co-founder of New York-based venture capital firm Union Square Ventures, invested $2.5 million in then-unknown crypto exchange Coinbase—and that recently became the company’s most profitable exit, Bloomberg pointed out yesterday.

The post This venture capitalist’s $2.5 million investment in Coinbase turned into $4.6 billion appeared first on CryptoSlate.

Özer Siblings Among Those Jailed as Thodex Fraud Probe Continues

A court in Turkey has jailed six individuals suspected to be connected with the fraud scams allegedly committed by the Thodex trading platform. Among them, the brother and sister of Thodex CEO and founder Faruk Fatih Özer.

The post Özer Siblings Among Those Jailed as Thodex Fraud Probe Continues appeared first on BeInCrypto.

Bitcoin Accelerates Towards $60k As Bulls Blow Hot – How Near Is The $100k Phase?

CoinGecko's COO Expects Bitcoin To Reach $100k With These Factors In Play
The price trajectory of bitcoin over the last few months has been an interesting one. After plunging to around $5,400 at the start of the COVID pandemic in 2020, the world’s most significant digital asset saw its price climb steadily following greater crypto adoption as a result of the overflowing turmoil and increased institutional support. […]

Stablecoin Tether surpasses $50 billion in circulation.

According to the Bloomberg report, Tether (USDT), a cryptocurrency backed by fiat currency, surpassed $50 billion in circulation, a sum that’s more than the insured deposits at all but 44 of the thousands of U.S. banks. It’s a remarkable milestone for a token that enjoys wide use as a method of payment in the crypto […]

Read full post Stablecoin Tether surpasses $50 billion in circulation. on Chaintimes.com.

Hurtling Toward $100 Billion – Could Stripe Rocket to a Record-Breaking IPO?

After much investor anticipation following recent surges in IPO performance, payments giant Stripe is set to capitalize on investor confidence and go public in what may well become a record-breaking initial public offering. News about Stripe’s imminent listing has stretched all the way back to the summer of 2020, but to date, the company has […]

The post Hurtling Toward $100 Billion – Could Stripe Rocket to a Record-Breaking IPO? appeared first on The Daily Hodl.

Ava Labs President on Dogecoin: When Your CMO Is Elon Musk, ‘Anything Is Possible’

As the Dogecoin community awaits Tesla CEO Elon Musk’s hosting appearance on TV show Saturday Night Live (SNL) on May 8, there are two questions on the minds of $DOGE holders. The first is will Musk, who seems to be biggest celebrity fan of Dogecoin with his regular references to the super popular meme cryptocurrency in […]

SEC Commissioner Says Chinese Digital Yuan Will Not Dethrone US Dollar

SEC Commissioner Hester Peirce stated the planned digital yuan will not eclipse the dollar. She cited the growth of stablecoins backed by...

Chinese Crypto Exchange, Hotbit Goes Offline After Unsuccessful Cyberattack

Chinese crypto exchange, Hotbit, has shut down all of its services after suffering a cyberattack on Thursday. The cryptocurrency exchange with over 2 million users worldwide announced that it suffered an attack that forced some of its services to paralyze as the attached tried to access the exchange’s wallets. “Hotbit just suffered a serious cyber-attack […]

European Investment Bank Terbitkan Obligasi Digital, Nilai Ethereum Ikut Meroket

Ether Capai Level Tertinggi

Kanalcoin.com – Mata uang kripto Ethereum (ETH) mencetak rekor tertinggi pada Rabu (28/4/2021). Harga ethereum naik ke level $2.709 selama perdagangan Asia pada hari tersebut. Menurut Coingecko, kenaikan ini menjadi puncak tertinggi pada aset ethereum. Dilansir Kanalcoin.com dari Cointelegraph, kenaikan ethereum didukung oleh adanya berita positif dari European Investment Bank (EIB). Penyedia metrik cryptocurrency melaporkan […]

The post European Investment Bank Terbitkan Obligasi Digital, Nilai Ethereum Ikut Meroket appeared first on Kanalcoin.

Cities Should Be At Heart Of America’s Infrastructure & Economic Recovery

By Denver Mayor Michael B. Hancock & Cincinnati Mayor John Cranley  As we approach President Biden’s 100th day in office, the challenges still facing the...

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