Tag: Cryptocurrency

Dogecoin mania leads to Robinhood crypto order failures

A surge in popularity for Dogecoin was behind a temporary shutdown of Robinhood’s crypto trading platform on Thursday night. The cryptocurrency, a fork of Litecoin that was created as a joke and is named after a popular meme featuring a Shiba Inu, has witnessed significant price increases over the last few days. According to a […]

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Federal Reserve Chairman Jerome Powell Says Cryptocurrencies Are ‘Vehicles for Speculation’

The Federal Reserve chairman believes that cryptocurrencies are “really vehicles for speculation” and “No one is using them for payments.” He then compared crypto to gold. His comments about cryptocurrency followed Coinbase’s direct listing on Nasdaq. Fed Chair Powell Thinks Crypto Is for Speculation Federal Reserve Chairman Jerome Powell talked about cryptocurrency in an interview […]

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Cryptology Asset Group raises €32 million and explores buying bitcoin

Cryptology Asset Group, the Malta-based crypto investment firm, has raised €32 million through a share issue. The money will be used to invest in crypto and blockchain startups. The company announced on April 15 that it had successfully issued 128,375 new shares and sold 31,625 treasury shares to institutional investors. Cryptology trades on several German […]

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Turkey’s central bank bans the use of cryptocurrencies for payments

The Central Bank of the Republic of Turkey has banned the use of cryptocurrencies for payments. Announcing the news on Friday, the central bank said crypto-assets cannot be used directly or indirectly for payments, and no firm can provide such services. “Payment service providers cannot develop business models in a way that crypto assets are […]

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Coinbase nabs a top 10 slot in Apple’s US App Store for the first time since January

Coinbase became the ninth most downloaded app on the Apple App Store for the United States as of Thursday. Coinbase’s app broke into the top 10 list one day after the company went public on Nasdaq via a direct listing. The crypto exchange closed Thursday’s trading session at a share price of $322.75 after opening […]

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Proposed Miami-Dade crypto task force would explore whether to accept crypto for county payments

Residents of Miami-Dade County in the U.S. state of Florida may one day be able to pay their taxes in the form of cryptocurrency. A memorandum made public on Thursday indicates that Miami-Dade County commissioner Danielle Cohen Higgins has proposed the creation of the Miami-Dade Cryptocurrency Task Force, which, among other objectives, would seek to […]

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200-Year-Old American Wine Shop Now Accepts Cryptocurrencies 

Nearly every day now a new company is announcing the acceptance of cryptocurrencies in some form or another. Now one of the world’s largest fine wine auction houses and America’s oldest wine shop Acker has revealed digital currency acceptance to pay for auction payments and retail wine purchases. Wine Shop Acker Jumps Into the Crypto […]

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