Cryptos

Outlook Money Here are some latest developments in the crypto world. Updated: 27 May 2023 2:40 pm Economist and famed artist Peter Schiff, who once called the nonfungible token (NFT) a…

Comment on this storyCommentA Manassas, Va., business executive admitted Friday that he and others bilked more than $7.6 million from coronavirus relief programs and that he spent much of the money on home mortgage payments, tuition for his children, cars and cryptocurrency investments.Bennie Earl Magee, 54, pleaded guilty in Alexandria federal…

Financial analysts at JPMorgan (NYSE:JPM) have drawn parallels between the value trends of gold and Bitcoin (CRYPTO: BTC), projecting a potential Bitcoin price of $45,000 given the recent surge of gold prices past the $2,000 per ounce mark.They argue that both assets are perceived as investment alternatives and usually share a synchronized…

Digital Currency Group (DCG), the parent company of CoinDesk is closing down its trade execution and prime brokerage services unit, TradeBlock, citing crypto winter and regulatory uncertainties. The shutdown of the unit, which provides trading services to institutional investors, will be effective as of May 31, a DCG spokesperson told CoinDesk.…

Details In the past few years, cryptocurrency has become a hot topic. More and more people want to invest in the cryptocurrency market as Bitcoin and other digital currencies become more popular. Because of this, there are now a lot of websites, blogs, and forums…

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Thu, 25th May 2023 Article tags BusinessCommerceDigital paymentsEconomyFinancial ServicesUncategorisedMiddle East & AfricaFinancial RiskFinancial Services What’s happened? In late December 2022 the Central African Republic announced a delay to the planned listing of its “national digital…

Elon Musk’s heart-to-heart with Republican presidential nominee and Florida Governor Ron DeSantis culminated with a focus on digital assets—touching on Bitcoin and the digital dollar, with a Dogecoin reference thrown in for good measure.The conversation between Musk and DeSantis, which was moderated by entrepreneur David Sacks, didn’t achieve…

Worldcoin uses a metal orb to capture people’s biometric data, which they can then use to acquire cryptocurrency (Worldcoin)OpenAI boss Sam Altman has finally signed up for his own Worldcoin cryptocurrency, four years after founding the controversial venture.The tech boss, whose AI startup created ChatGPT, recently raised $100 million to finance…

On May 23’s episode of The Market Report, analyst and writer Marcel Pechman discusses why Bitcoin (BTC) is stuck near $27,000 and how the macroeconomic scenario has become more critical than ever for an eventual breakout. Plus, the show dissects what United States President Joe Biden has been saying about crypto traders being wealthy tax…