Cryptocurrency
Psychology, Sell Pressures Keep Bitcoin Below $20K
Psychology and selling pressures have kept bitcoin's price below $20,000.
5 Reasons Why Bitcoin Just Hit an All-Time High Price
Growing investor interest, central bank money printing and PayPal's entree helped push bitcoin prices above their previous December 2017 record.
Crypto Exchange Upbit Sets Withdrawal Delay in Bid to Tackle Fraudsters
The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks.
PayPal Removes Waitlist for New Crypto Service, Boosts Weekly Purchase Limit to $20K
All eligible PayPal accountholders in the U.S. can now buy, hold and sell cryptocurrency, the company announced Thursday.
California's Prop. 24 Could Be a 'Silver Lining' for Crypto Exchanges Looking to Comply With GDPR
Chair of the Prop. 24 advisory board and crypto advocate, Andrew Yang, thinks it could set a new bar for data privacy rights across the U.S.
Federal Reserve Keeps Rates Close to Zero, Maintains Asset Purchases
The statement is in keeping with economists' expectations for the U.S. central bank to take no new monetary policy actions.
PayPal Embraces Crypto, Igniting Market as Mainstream Adoption Inches Closer
PayPal officially confirmed Wednesday it is entering the cryptocurrency market. The payments giant, with 346 million active accounts around the world, pledged to make crypto “a funding source for purchases at its 26 million merchants worldwide.”
Kraken Crypto Exchange Is Now a US Bank
The Wyoming Banking Board approved crypto exchange Kraken’s application to become a bank. With a state-chartered bank subsidiary, Kraken now has a regulatory passport across several states and the ability to offer custody, payments and banking services to both institutional and retail clients.
Kraken Crypto Exchange Is Now a US Bank
The Wyoming Banking Board approved crypto exchange Kraken’s application to become a bank. With a state-chartered unit, Kraken now has the ability to offer custody, payments and banking services to both institutional and retail clients.
Crypto Hedge Fund Looks for $50M to Buy DeFi Tokens Amid Market Pullback
Panxora, a cryptocurrency hedge fund manager, seeks $50 million to buy digital tokens associated with decentralized finance, known as DeFi.
