The government of India has stated that cryptocurrencies will never be considered as legal tender. India’s finance secretary, T.V. Somanathan, clarified while speaking with Asia News International tod...
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PayPal Stock Crash Wipes Out Over $50 Billion In Market Value After Company Lowers Profit Outlook
Topline Shares of payments giant PayPal had their worst day on record—plunging roughly 25%—after the company issued disappointing revenue and profit forecasts for 2022, citing factors like higher infl...
El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet – Bitcoin News
On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to operate the bitcoin wallet Chivo. The bitcoin wallet is the l...
Grayscale rolls out an ETF that tracks shares of firms involved with BTC
Leading crypto asset management firm Grayscale Investments has rolled out an exchange-traded fund (ETF) that comprises shares of 22 public companies that are deeply vested in the crypto space. A repor...
Bitcoin Nosedives Below $38k As Tech Stocks Take A Beating, Pandemic Gains Disappears
Bitcoin was down in the afternoon session on Wednesday, as bargain hunters and dip takers failed to maintain this morning’s momentum. The premier crypto continues to maintain price action similar to t...
Spotify plunges after Q4 earnings on weak guidance amid Rogan outcry
Editor’s Note: This post is breaking and will be updated Spotify (SPOT) reported fourth quarter financial results on Wednesday that beat Wall Street expectations — although the stock plunged aft...
Crypto miner in Texas shuts down 99% of operations as winter storm approaches
With Winter Storm Landon expected to hit parts of Texas this week, major crypto mining firms are powering down in anticipation of high demands on the state’s power grid. Speaking to Cointelegraph on W...
Mapping out Jump Crypto’s portfolio
February 2, 2022, 4:35PM EST • 16 min read Quick Take While Jump Trading has built its name and reputation in the traditional finance world being one of the largest traders by volume, its been involve...
Bitcoin price analysis: BTC drop to previous low at $3,700, will the support hold?
TL;DR Breakdown Bitcoin price analysis is bearish today. BTC/USD peaked around $39,000 yesterday. Swift drop was seen earlier today. Bitcoin price analysis is bearish today as we have seen the beginni...
Dogecoin Co-Founder Urges Community Not to Focus on Price
Alex Dovbnya Dogecoin co-founder Billy Markus argues that hype is unsustainable Dogecoin co-founder Billy Markus has urged the community not to focus on “unsustainable” hype in his recent tweet. okay ...
OpenSea Again Faces ‘vampire attack’ By Singapore-Based NFT-Marketplace Mintable
The NFT marketplace is supported by Mark Cuban, who claimed the move as a “vampire attack” against the world’s leading NFT marketplace, OpenSea, by selling the popular collectibles at a loss. On Jan 2...
Blockchain experts explain the philosophy behind Bitcoin
In the final chapter of Cryptonites three-part documentary, some of the most prominent figures in the crypto space, including Andreas Antonopoulos, Levina Osbourne, Joel Dietz, Roger Huang, and many o...
India’s Finance Secretary Says Crypto Will Never Be Legal Tender
Key Takeaways T.V. Somanathan, Finance Secretary of India, has said that crypto assets like BTC, ETH, and NFTs will never become legal tender. He also said that the Reserve Bank of India would never d...
Shares of EV start-up Electric Last Mile plunge more than 50% after CEO, chairman resign
The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the U.S. market and will be produced at the Company’s...
Binance Joins FTX, Coinbase and Crypto.com With Athlete Endorsements Ahead of Super Bowl
The biggest trend in crypto right now has little to do with Bitcoin or even Bored Apes. It’s cryptocurrency exchanges stockpiling sports partnerships and athlete endorsements. That’s set t...
Capri Holdings, Boston Scientific, Brinker and others
Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The company behind Michael Kors and other luxury brands reported better-than-expected earnings for its latest quarter ...
NBCUniversal May Follow’s Sinclair’s Lead And Launch A DTC RSN Service
Photo by David McNew/Getty Images. Getty Images Taking the lead from Sinclair Broadcast Group’s subsidiary Diamond Sports Group, NBCUniversal appears to be preparing a direct-to-consumer (DTC) offerin...
SEC Commissioner Warns Proposal May Threaten DeFi
A proposal by the SEC could give authorities sweeping powers over crypto exchanges, warns one Commissioner. A recent proposal by the U.S. Securities and Exchange Commission adding oversight to systems...
Accenture will develop the national instant payment platform
PRESS RELEASE DUBAI; Feb. 2, 2022 – Accenture (NYSE: ACN) has been selected by the Central Bank of the UAE (CBUAE) to lead a consortium of companies to help execute its National Payment Systems Strate...
TJX, Burlington, Ross Stores have ‘substantial’ upside this year
The off-price retailers are likely to expand market share in 2022, says BofA Securities’ Lorraine Hutchinson. Her top picks in this subsector are TJX Companies, Burlington, and Ross Stores. High...
BTC/USD Targets Support at $37,000 Level
Bitcoin Price Prediction – February 2 The Bitcoin price prediction resumes the decline after touching the daily high at $38,888, but the buying interest may increase on approach to $39,000. BTC/USD Lo...
21Shares Launches Three New Crypto ETPs on BX Swiss Stock Exchange
21Shares AG, a Swiss-based fintech firm, announced the listing of three new cryptocurrency ETPs (Exchange Traded Notes) on the BX Swiss stock exchange to allow investors to invest in Aave, Chainlink a...
Bitcoin (BTC) And Ethereum (ETH) Price To Hit This Level By The End Of This Year !
Bitcoin (BTC) may have fallen short of the $40,000 mark, but this week’s advances have aided in the formation of a more meaningful breakout for underlying price strength. Over the previous day, the wo...
What to Look For From AMZN
Key Takeaways Analysts estimate EPS of $3.78 vs. $14.09 in Q4 FY 2020. Amazon Web Services revenue is expected to rise YOY. Companywide revenue is expected to rise, but at its slowest pace in years. A...
Crypto Exchange FTX Acquires Liquid Trading Platform
The cryptocurrency exchange FTX has acquired the Liquid Group and all of its operating subsidiaries, which include the Quoine Corporation. Liquid Acquired In a blog released earlier today, crypto tra...
House and Senate hearings on stablecoins will spotlight official behind Treasury report: sources
Hearings on stablecoins before both the House and Senate in the next two weeks are scheduled to feature just one witness: The Treasury official spearheading recent work on stablecoins, sources tell Th...
MicroStrategy’s Bitcoin Impairment Charge Swells to $147 Million in Q4 2021
The world’s biggest corporate bitcoin holder MicroStrategy has reported a $146 million impairment charge on its digital asset investment. MicroStrategy Loses $147 Million in an Impairment Charge The d...
AVAX/USD pair set to spike further in the next 24 hours
TL;DR Breakdown Price levels have spiked to $72.10. Avalanche price analysis is bullish today. Support is quite strong at $67.86. AVAX/USD has been a solid move, and the breakout looks sustainable, bu...
Polkadot rises strongly, but how high can it really rally
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin has registered steady gains over the past week, while Bitc...
Solana Prognosis Is Upbeat The Round of Fundraising for Phantom
SOL has increased by about 17% in the last 24 hours. SOL has been trading in a range of $84.43 and $102.27 for the last week. Solana also intends to grow through supporting Web3 off its blockchain and...