The crypto industry has enjoyed new levels of adoption from big traditional firms like Morgan Stanley, Tesla, Meitu, Goldman Sachs, and a host of others that are now opening their platforms for digital assets.
The Federal Reserve Chairman Jerome Powell noted on Thursday that the economy is yet to see a well-rounded recovery from the pandemic.
The sum of the deal between Riot Blockchain and Whinstone totals $651 million, $80 million of this amount will be paid in cash.
The growing adoption of Bitcoin by large institutions is also a factor that affects the expansion of the crypto market.
With almost 3 times the revenue predicted by market analyst DA Davidson, Coinbase is likely heading for a bumper listing next week. Da Davidson pegs COIN stock price to $400+ per share.
CZ said he had sold his apartment to buy Bitcoin some years ago. Moreover, he also left his job back then.
As the crypto industry continues to become mature every passing year, the CCI will now work on getting all participants together on a common platform through education and guidance.
Coinbase revealed that the price of Bitcoin and the volatility of crypto assets influenced its MTUs and trading volume.
Bitcoin (BTC) has been the hot topic of discussion for some of the top financial companies in the US. Big giants are already giving six-figure targets for BTC and expecting it to overtake gold in the long term.
Credit Suisse has revealed it expects a huge loss in Q1 of 2021. The Zurich-based lender was one of the highest hit firms following the Archegos Capital fund saga. It has since proposed a cut to its dividend and seen several executives depart.
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