Thinkhubstudio/Getty Metaverse companies that set solid codes of conduct will likely attract the most users, CoinFlip’s CEO said. Ben Weiss said any new regulations for crypto are unlikely to hold back the growth of the metaverse. Tax regulations and other rules that apply in the real world will also apply […]
Currency
The top 5 wildest crypto moments of 2021 | Currency News | Financial and Business News
Getty Images To say 2021 was a crazy year for cryptocurrencies is an understatement. Bitcoin soared to new highs but also achieved full legitimacy in one country. Meanwhile, meme tokens like shiba inu and dogecoin went from being jokes to delivering mind-blowing gains. The number of cryptos ballooned to more […]
The metaverse is a $1 trillion opportunity, crypto giant Grayscale says as virtual land sales boom | Currency News | Financial and Business News
Facebook, now called Meta, has created a number of images to show how its metaverse might look. Facebook Crypto giant Grayscale said the metaverse is a $1 trillion annual revenue opportunity. It comes as pieces of virtual land inside metaverse projects have sold for upwards of $2 million. […]
A majority of Gen Z investors think crypto will make them millionaires, new survey shows | Currency News | Financial and Business News
Getty Images The majority of Gen Z investors think crypto will make them millionaires, a recent study by Engine Insights showed. “This generation has a greater acceptance and comfort with all things digital,” an expert told Insider. “They feel that everything financial is harder for them than […]
Mastercard launches crypto-linked payments cards in Asia that allow holders to convert their crypto to fiat instantly | Currency News | Financial and Business News
Pavlo Gonchar/SOPA Images/LightRocket via Getty Images Mastercard has launched crypto-linked payments cards that will allow holders to instantly convert their digital assets into fiat. The cards seek to remove barriers between merchants who do not accept digital assets and customers who want to pay in crypto. The partnership is with […]
Crypto trading hamster update: New rig, more money, and continued outperformance | Currency News | Financial and Business News
Mr. Goxx trading cryptocurrencies. @Mr_Goxx Twitch Livestream Mr. Goxx, the crypto-trading hamster that went viral last month, is starting to capitalize off his early success. Mr. Goxx’s anonymous business partner has sold NFTs to help fund a larger portfolio and upgrade the hamster’s trading rig. Since the hamster’s trading journey […]
Trading app Public lists shiba inu coin on its trading platform as the Robinhood rival broadens crypto offerings | Currency News | Financial and Business News
A shiba inu dog. Shutterstock Shutterstock Crypto traders can now buy and sell shiba inu coin on trading app Public, the company said. Public added cryptocurrency trading to its platform earlier this month. Public users can trade multiple coins including bitcoin, ethereum, litecoin, and dogecoin. Public, a retail trading app, […]
A nurse made his entire day’s wages trading crypto on his lunch break, so he quit his day job and now makes 7 figures | Currency News | Financial and Business News
Bitcoin. STR/NurPhoto via Getty Images A 31-year-old quit his pediatric nursing job to trade cryptocurrencies, Bloomberg reported. Now, he makes seven figures, owns a vacation home, and has more time to spend with his newborn. He told Insider he’s been “very happy” with his decision. Josh Dorgan was a pediatric […]
Bitcoin briefly crashed 87% to about $8,000 on Binance’s US crypto-trading platform | Currency News | Financial and Business News
Bitcoin. Nurphoto Bitcoin plummeted to $8,200 on Binance’s US platform, Cointelegraph first reported. The brief decline in the cryptocurrency was an 87% fall from $65,815. Binance’s CEO tweeted: “Expect very high volatility in #crypto over the next few months.” Bitcoin briefly plummeted to about $8,000 on Thursday – but only […]
The first-ever bitcoin ETF will start trading on Tuesday | Currency News | Financial and Business News
STR/NurPhoto via Getty Images ProShares said it will launch the first-ever bitcoin-linked exchange-traded fund in the US on Tuesday, Oct. 19. The ETF will begin trading Tuesday on the New York Stock Exchange under the “BITO” ticker symbol. Investors are still waiting for […]