Tag Archives: crypto

[unable to retrieve full-text content]Crypto just became a political football, and ether is the early winner  Yahoo Finance Source link

[unable to retrieve full-text content]Investing in crypto amid pending ether ETF approval  Yahoo Finance Source link

[unable to retrieve full-text content]Google sues China crypto app racketeers: Report  Cointelegraph Source link

[unable to retrieve full-text content]Google sues crypto scammers for allegedly uploading fake apps to Android app store  CNBC Source link

[unable to retrieve full-text content]Google sues alleged crypto scammers for luring people into investments they’d never get back  The Verge Source link

(Bloomberg) — Bitcoin is sustaining a record-breaking run, lifted by the unprecedented amounts of capital flowing into crypto products as well as a looming reduction in the digital token’s supply growth. Most Read from Bloomberg The original cryptocurrency reached an all-time peak of almost $72,881 on Monday and was trading at $72,220 as of 7:15 a.m. in London on Tuesday. A record $2.7 billion flowed into crypto assets last week, according to a report from CoinShares international Ltd.,… Source link

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: “Number go up.” It’s one of the many memes that sprang up during a previous crypto surge, representing a similar vibe as “to the moon” or “hodl” — the idea that the faithful would keep buying in the belief that prices would continue to climb. (It’s also the title of Zeke Faux’s seminal book on crypto.) Crypto bulls have pointed to what they say are… Source link

The cryptocurrency market is currently worth $1.6 trillion, and Bitcoin (CRYPTO: BTC) accounts for 50% of that total. Bitcoin dominance (i.e., the market value attributable to Bitcoin) was also 50% five years ago, though it has ranged from 38% to 70% during that time period. With that in mind, Morningstar analyst Michael Miller expects the cryptocurrency market to soar 300% to $6.4 trillion by 2032. If Bitcoin dominance stays at 50%, the implied upside for Bitcoin would also be 300%…. Source link

Coinbase (COIN) will serve as the custodian for many of the spot bitcoin ETFs that were approved by the US Securities and Exchange commission last week. Coinbase Chief Policy Officer Faryar Shirzad speaks with Yahoo Finance’s Julie Hyman and Brian Sozzi about the approval from the World Economic Forum annual meeting in Davos, Switzerland. Shirzad argues the approval will bring new investors into the crypto community and it “put the SEC on record as blessing an important crypto product.” He… Source link

Crypto’s latest big moment is worthy of one big reminder too. The US dollar is still the US dollar, and crypto is, well, just an investment vehicle. Said reminder comes compliments of the International Monetary Fund (IMF), one of the foremost global authorities on payments and financial stability. “Our view is that we have to differentiate between money and assets. When we talk about crypto, we are actually talking about an asset class. It could be backed up and in that sense, more secure and… Source link