The gradual acceptance of crypto among customers across the globe has not gone unnoticed by PayPal.
Cambridge’s study reveals how China’s anti-crypto stance has made the country fall back by 75% in their mining activities, while Kazakhstan has emerged as the third leading contender for crypto mining services.
TBD will be joining other Square lines of businesses including Cash App, Square Seller, and the Tidal streaming service.
A recent industry report shows that the fund-of-fund unit for the banking giants will help in onboarding crypto strategies for portfolio managers who actively trade in cryptocurrencies.
Reportedly, the Paraguay Bitcoin bill seeks to regulate crypto ownership and registration, as well as mining and trading.
The second-largest cryptocurrency prices went below $2K as US Inflation is surfing ahead and breaking all records.
Goldman Sachs further reiterated how the crashing Bitcoin value can still be beneficial for the exchange in the long term business and termed it as a tactical trade for the exchange.
With a majority of MicroStrategy’s treasury in Bitcoin, Capital Group has increased its exposure to cryptocurrency.
While the British Police crackdown was one of the biggest targeting the organized crime industry, there have been investigations and unearthing of frauds at the individual level too.
Coinchange’s High Yield Account which is scheduled for launch on July 30 will enable users to lock their USDC and receive an annual percentage yield of up to 25%.
Although the CEO warned that anything could happen, he believes that the total 40,000 GBTC to be unlocked soon would not really affect Bitcoin.
JPMorgan pinpoints Bitcoin (BTC) illiquidity, volatility, and social skepticism as “limitations on its potential as a medium of exchange” in El Salvador.
SelfWealth, a non-bank broker listed on the Australian Security Exchange plans to open crypto trading for its customers, as reported by the Australian Financial Review.
Bitcoin price has plummeted by almost 50% from its all-time mid-April high of about $65,000. This has, however, proved far from being a stumbling block for investors with a long-term bullish Bitcoin outlook.
The British IT worker has revealed that his plan to recover his lost treasure has been backed by a multi-billion hedge fund that is prepared to cover any cost of the search including all the necessary equipment involved.