Coinbase public listing is a major milestone for the overall crypto community and will likely push more crypto firms to make their way to Wall Street. This will further boost new developments in the crypto space and bring legitimacy to the overall market.
According to the US Army announcement, Microsoft will deliver over 120,000 devices based on its HoloLens augmented reality headsets.
The US stock market may buckle amidst all uncertainties but confidence in the drivers of the economy can restore hopes for better days ahead.
Biden’s recovery plan includes stricter tax policies for multinational companies.
Goldman Sachs has a minimum threshold of $25 million investment for individuals, families and endowments under its wealth management business offerings. This shows massive money is coming to Bitcoin and the overall crypto market.
The CME is set to launch micro Bitcoin futures in May. The new investment tool aims to include sidelined clients and ensure more precision, risk management and choice.
Rumors on PayPal’s Checkout with Crypto began on the 30th of March. Later in the day, PayPal CEO Dan Schulman confirmed this news.
Customers with Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) held in their PayPal wallets can use these assets to complete any transaction by converting the digital assets to fiat currencies at checkout points.
The banking sector came under severe pressure as US-based Archegos Capital had to liquidate $20 billion worth of stocks owing to some of the over-leveraged positions.
Bitcoin price is highly correlated with the stablecoin market, thus making Visa Inc’s USDC incorporation key to the future of the crypto industry.
Cuy Sheffield, who is the head of the crypto at Visa, said that the increased demand from their customers to use and hold cryptocurrencies made them build the current features.
Bitcoin price dipped approximately 6.6% in the past 24-hours according to metrics provided by CoinGecko.
The US Treasury Secretary Janet Yellen said that the banks are in a healthy condition and could pay dividends and repurchase stocks. The Biden administration is further mulling a $3 trillion stimulus for economic recovery.
To achieve the targeted $100 billion valuation, DiDi should secure $10 billion from selling 10% of its shares.
$3 trillion is the minimum sum the Biden team will spend within the initiative. Since the package includes several tax incentives, its cost could approach $4 trillion.