Affirm stock (AFRM) has continued with its three months long bear market after the recently released botched earnings that show that the ‘Buy now, pay later’ company has continued to incur more losses...
Tag: report
European Union to Consider Digital Euro Legislation by Next Year: Report
In brief The European Union has been talking about central bank digital currencies for some time now. Yesterday, the EU finance chief said that early next year a bill for a digital euro would be propo...
Binance to Invest $200 Million in Forbes (Report)
The world’s largest cryptocurrency exchange continues with its expansion as this time it aims at one of the most well-known magazines and digital publishers – Forbes. Binance has agreed to invest $200...
IRS Reveals Guidelines On How Crypto Investors Can Report Their Purchases On Tax Forms ⋆ ZyCrypto
Advertisement     The IRS releases guides on how to report taxes using form 1040. People who purchased crypto with real currency and have been hodling are exempted. Cr...
Digital yuan transactions beat out Visa at Winter Olympics venue: report
On the day of the opening ceremony of the Beijing 2022 Winter Olympics, there were reportedly more transactions made in China’s central bank digital currency than those through Visa. In a Wednesday re...
Crypto M&A Surges Almost 5,000% in 2021: PwC Report
A PwC report shows that crypto mergers and acquisitions (M&A) in 2021 rose by nearly 5,000% compared to 2020. Venture capitalists flooded into the market in 2021, with crypto fundraising deals ris...
World’s Largest Asset Manager BlackRock to Launch Crypto Trading Services (Report)
The world’s largest asset manager plans to double down on its cryptocurrency engagement by launching such trading services, asserted a new report. This comes a year after the company dipped its toes b...
Russia Expected to Regulate Crypto Like Foreign Currencies: Report
The Russian government and the country’s central bank have reached an agreement on how to regulate Bitcoin and other cryptocurrencies in a plan to recognize digital assets as a form of currency....
On The Report Published By The Boston Fed And MIT
Project Hamilton is a High Performance Payment Processing System Designed for Central Bank Digital Currencies (CBDC). Before we get excited, the authors of the highly anticipated technical paper confi...
BlackRock plans to offer crypto trading services: report
advertisement BlackRock is said to be gearing up to offer crypto trading to its investor clients. According to a new report from CoinDesk, sources with knowledge of the plans say trading will occur on...
BlackRock to Offer Crypto Trading: Report
Alex Dovbnya New York-based BlackRock is on track to offer cryptocurrency trading New York-headquartered multinational investment management corporation BlackRock is on course to introduce a cryptocur...
Alcohol Industry Needs Serious Reform To Boost Competition, Lower Prices: Treasury Report
Topline With the Biden administration looking to fight consolidation in industries from meatpacking to shipping, a new report from the Treasury Department on Wednesday zeroed in on the $250 billion (a...
The Silver Lining In The Biden Administration’s Defense Of Its Stablecoin Report
Woman using a smart phone displaying a bitcoin wallet screen. getty On Tuesday, the Biden administration sent Nellie Liang, Treasury’s Under Secretary for Domestic Finance, to testify before the House...
Russia to Recognize Crypto Assets as Currencies: Report
Share this article According to the Russian newspaper Kommersant, Russian authorities are drafting comprehensive legislation on the circulation of digital currencies. The Russian government will recog...
Wells Fargo Report Argues It’s Not ‘Too Late to Invest’ in Crypto
Banking giant Wells Fargo has published a report that says it is not too late to purchase Bitcoin and other cryptocurrencies. The report, titled “Understanding Cryptocurrency” contends with common in...
Russia set to recognize crypto as a form of currency: report
advertisement Authorities in Russia are set to recognize digital assets as a form of currency, according to local news reports. Russian newspaper Kommersant reported this morning, and later tweeted, t...
Ukraine Is Using Bitcoin to ‘Crowdfund War’ With Russia: Report
In brief A new report by Elliptic points to a sharp rise in Bitcoin and cryptocurrency donations to Ukrainian NGOs. Many of these groups provide financial assistance to the military. Others are involv...
Indian Government Seeks Wider Consultation Before Finalizing Crypto Bill: Report – Coinotizia
The cryptocurrency bill that was listed to be taken up in the current session of parliament is reportedly being reworked. The government seeks wider consultation on crypto before finalizing the rules ...
SoftBank-Backed Startup to Offer Crypto Trading (CNBC Report)
DriveWealth – a SoftBank-backed start-up that assists fintech firms in offering stocks – will reportedly provide cryptocurrency trading services to clients. To do so, the company will acquire Crypto-S...
Soybean price in overbought zone ahead of the WASDE report
Soybean price remains in the overbought territory as adverse weather in South America heighten demand for the US supplies. Investors are now keen on the WASDE report scheduled for release on Wednesday...
Georgia Becomes an Attractive Area for American Bitcoin Miners (Report)
The State of Georgia might become the next hub for cryptocurrency miners as it provides relatively low electricity prices and a large amount of nuclear and solar power, a new coverage revealed. Furthe...
Solana (SOL), Avalanche (AVAX) and Two More Altcoins Will Survive ‘Crypto Winter’: Morgan Creek’s Mark Yusko: Report
Morgan Creek Capital Management’s Mark Yusko is naming four crypto assets that he believes could withstand a market downturn relatively well. According to a Business Insider report, Yusko says that th...
Treasury official behind stablecoin report to testify at Senate hearing next week
advertisement The Senate Banking Committee has released details ahead of its upcoming hearing on stablecoins, confirming the Treasury’s Under Secretary for Domestic Finance Nellie Liang as its s...
Novavax’s stock falls after Reuters report saying COVID-19 vaccine shipments are delayed in some regions
Shares of Novavax Inc. NVAX, -14.58% tumbled 12.2% in trading on Tuesday after a Reuters report said there are delays shipping the company’s COVID-19 vaccines to Europe and the Philippines in th...
Johnson & Johnson plant pauses Covid vaccine production, report says
Syringes and a box of Johnson & Johnson vaccine. Paul Hennessy | SOPA Images | LightRocket | Getty Images The only Johnson & Johnson facility currently making usable batches of the companyR...
North Korea Allegedly Funding Missile Program With Stolen Crypto: Report
The United Nations (UN) says that North Korea is using cryptocurrency acquired in cyberattacks to help fund its illicit weapons program. In a new report, Reuters says it has reviewed the confidential ...
Evaluating Crypto-Asset Risks Will be Top Priority in 2022, Says FDIC Report
The Federal Deposit Insurance Corporation (FDIC) has listed evaluating crypto asset risks as one of its top priorities for the year. In addition to evaluating risks related to crypto, other priorities...
Russia Might Collect 1 Trillion Ruble in Crypto Tax, Report Says
A recent report by a Russian outlet says that the government could collect 1 trillion rubles worth around $13 billion in digital currency tax every year. The Bell collected some not-so-classified data...
Peloton CEO John Foley to step down, transition to executive chair as company cuts 2,800 jobs, says report
John Foley, CEO of Peloton. Adam Jeffery | CNBC Peloton plans to replace CEO John Foley and cut 2,800 jobs as it hopes to restructure its business amid waning demand, according to a report in the Wall...