Xapo, a bitcoin wallet based in California, has announced its new board members, which include former CEO of Citibank, the founder of Visa and former Secretary of the US Treasury.
BlackRock is set to become the first asset manager to launch a fund that tracks the price of Bitcoin.
Goldman Sachs is not the only company to participate in the latest round of Wall Street layoffs. Such banking giants as Morgan Stanley and JPMorgan Chase are also reducing their headcount.
With the next key monetary policy meeting slated for March, analysts’ gazes are fixed on the announcements from the Fed.
The range of opportunities being seen by these firms as highlighted by Bloomberg transcends digital currency trading.
Recently, CoinGecko data disclosed that $2 trillion has been wiped off the market value for cryptocurrencies since last year.
Pfizer becomes the first drugmaker to receive full-fledged approval from the US FDA. The approval will help people to gain confidence and especially businesses to drive growth ahead.
Bitcoin and XRP are not the only currencies whose price has shown such performance. Other altcoins like Ethereum (ETH), Chainlink (LINK) are on a steady rise as well.
Alphabet Inc. stock (NASDAQ: GOOGL) jumped 3.76% yesterday to close the day trading at $1717.39. This came after the company announced plans to develop a self-sufficient new town-like tech hub in the Mountain View area.
Sea Ltd (SE) stock has become the fastest-growing high-cap investment on Wall Street after posting impressive 18 months gains of 880%.
China has shared its plans to merge 130 investment banks with an aim of buoying up the sector to rival Wall Street.
The mobile application for trading shares called Robinhood has a dangerous exploit that allows traders to raise money out of thin air.
It seems these days everybody is writing about JP Morgan, whether attacking Ripple or blacklistling other crypto companies.
Established Wall Street companies slowed their already halting efforts to make a business out of crypto mania this year. They didn’t really give up, but most of them flinched as the value of virtual coins collapsed.
Revolut founder Nikolay Storonsky presents some facts as to how BTC trading volumes have dropped sharply and why the recovery won’t arrive anytime soon.
Coinbase has recently opened a new office in New York which will cater primarily to institutional clients. The exchange plans to expand its NY team, which currently involves 20 specialists, to 150 employees next year.