by greg thomson | May 7, 2021 | Uncategorized
Trading, financing and custody services are being pursued by the investment bank. Citigroup is reportedly considering offering crypto-related services to its customers in response to rising demand, specifically from asset managers and hedge funds.The financial...
by abhinav agarwal | May 7, 2021 | Uncategorized
The Electronic Transactions Association (ETA) has put forward a set of guiding principles to be considered in the creation of a U.S. central bank digital currency (CBDC), also referred to as digital dollar. The organization, which unites hundreds of companies in the...
by abhinav agarwal | May 7, 2021 | Uncategorized
Since the market crash of March 2020, hedge funds have poured into the world of cryptocurrencies in search of profits. Some of the world’s biggest, Galaxy Capital, Grayscale, and Pantera dominate the crypto hedge fund market, which combined has around $60 billion at...
by kyle baird | May 7, 2021 | Uncategorized
BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep. Bitcoin update BTC has been moving upwards since bouncing at the $53,000 support area on May 5. The support area is created by the 0.5 Fib...
by william suberg | May 7, 2021 | Uncategorized
The “original” Ethereum, despite its security issues, beats ETH as it ascends to USD levels never seen before. The “original” yet ironically “wrong” Ethereum and Telcoin (TEL) are leading a fresh altcoin surge this week. Bitcoin (BTC) fans are...
by rahul n | May 7, 2021 | Uncategorized
Square’s Cash App bitcoin sales revenue has increased by nearly 11x year-over-year in Q1 2021, according to a shareholder letter it recently released. The app recorded a profit of $964 million overall in Q1 this year, compared to $539 million last year, which...