Crypto (Cryptocurrency) is a kind of digital currency, accounting for the internal units of account of which is provided by a decentralized payment system operating in a fully automatic mode.
There have been rumors for months that crypto will be implemented on Twitter. After acquiring the short message platform, Elon Musk spoke about this possibility for the first time. He thinks the development is clear. Crypto on Twitter? Musk is optimistic During a Twitter Space , Elon Musk takes the opportunity to speak out about crypto and Twitter. The billionaire acquired…
Cryptocurrencies are the most well-known financial asset after stocks. That emerges from a new study. Despite the high level of awareness, many potential investors lack conviction. Why is it? Cryptocurrencies are among the best-known financial assets More than every second person is now familiar with cryptocurrencies. This is the result of a study by Toluna , in which 10,500 people from…
The crypto market is currently valued at over $ 2 trillion and its market cap is forecast to double in the near future. The increasing use of digital assets has led to a growing discussion about regulating the market. According to the International Monetary Fund (IMF), any formulated crypto regulation must be comprehensive, consistent and coordinated. On a blog,…
Robinhood announced its crypto revenue totalled $233 million in the second quarter and $51 million in the third quarter, marking a 78% decrease compared to the previous quarter. Since there are so many options for trading on crypto nowadays, the market for crypto wallets is saturated yet growing. However, Robinhood Markets Inc’s crypto trading revenue has been staggering. According to…
A major bank regulator has stated that U.S. officials are working on offering a clearer path to banks and their clients looking to hold crypto assets to maintain control over the rapidly growing assets. Speaking at the Money 20/20 Fintech Conference on Monday, October 25, Jelena McWilliams, the chairperson of the Federal Deposit Insurance Corporation…
The week has begun with some recovery in the crypto markets a few days after China’s regulator intensified renewed crackdown. On Friday, September 24, China’s central bank announced that crypto trading and all related services, including Bitcoin mining, are illegal. It was a difficult day of trading in the crypto markets as a new bout of China-driven…
Gary Gensler, the Chairman of the United States Securities and Exchange Commission (SEC), has requested Congress to grant it more power to oversee the ever-evolving digital currency ecosystem. Per a CNBC report, Gary Gensler made this known as the Aspen Security Forum held on Tuesday, saying the SEC will always exercise its “authorities as far as…