The $2 Trillion Cryptocurrency Market Is Drawing Interest From Investors, Scrutiny From U.S. Regulators

The $2 Trillion Cryptocurrency Market Is Drawing Interest From Investors, Scrutiny From U.S. Regulators

WASHINGTON — With the proliferation of cryptocurrencies, prices of bitcoin and other digital tokens are often displayed on cable news tickers and financial apps as if they were common stocks, bonds or oil futures. They are not. This makes them a challenge to US financial lawmakers. Cryptocurrency censorship, which appeared in 2009, is sporadic. Regulators … Read more

Crypto job openings surge 395% in a year, with Miami, Austin and Denver emerging as new hubs

Crypto job openings surge 395% in a year, with Miami, Austin and Denver emerging as new hubs

The crypto space has experienced a hiring frenzy, and the trend is likely to continue. Cryptocurrency-related job advertisements in the United States rose 395% in 2021 compared to the previous year, in a sign of the industry’s expansion, according to a recent LinkedIn analysis. Companies ranging from tech giants Meta FB, + 1.66%And Twitter TWTR, … Read more

Different crypto will be less correlated, as healthcare stocks ‘won’t move in the same way’ gold ETF moves, a crypto asset manager says

Different crypto will be less correlated, as healthcare stocks 'won't move in the same way' gold ETF moves, a crypto asset manager says

Hello! Welcome back to Distributed Ledger, the weekly crypto newsletter that hits your inbox every Thursday. I’m Francis Yu, a crypto reporter at MarketWatch, and I’ll share with you the latest and best digital assets this week so far. Find me on Twitter at MustafaHosny Oh God, Amen To send feedback or tell us what … Read more

TransUnion Brings Credit Data Checks to Crypto Lending

TransUnion Brings Credit Data Checks to Crypto Lending

Cryptocurrency lenders will be able to start checking credit reports. TransUnionAnd TRUE 0.72% One of the three largest US consumer credit reporting companies will allow consumers to give blockchain companies access to their personal credit data through security company Spring Labs’ ky0x Digital Passport. By providing this information, the companies said consumers will be able … Read more

Citadel Securities to Receive First Outside Investment

Citadel Securities to Receive First Outside Investment

Citadel Securities is set to receive its first outside investment in a deal that values ​​the e-commerce company owned by billionaire hedge fund Ken Griffin at nearly $22 billion. Venture capital firm Sequoia Capital and cryptocurrency investor Paradigm have agreed to invest $1.15 billion in a Chicago-based company, the company told the Wall Street Journal. … Read more

Kim Kardashian and Floyd Mayweather Jr. sued for allegedly making false statements about the crypto EthereumMax

Kim Kardashian and Floyd Mayweather Jr. sued for allegedly making false statements about the crypto EthereumMax

Celebrities including boxer Floyd Mayweather Jr., Kim Kardashian and former NBA All-Star Paul Pierce have been sued for their roles in an alleged cryptocurrency scam. According to a class action complaint from the Central District of California, the listed celebrities as well as EthereumMax are accused of making misleading statements about the digital tokens offered … Read more

SEC’s Gensler won’t say whether ether is a security, amid crypto market slide

SEC's Gensler won't say whether ether is a security, amid crypto market slide

As Professor at MIT, Gary Gensler argue In 2018, the creators of the cryptocurrency ETHUSD managed to -5.32% You violated federal law when they issued $18 million worth of tokens without registering them as securities with the SEC. Today, as Chairman of the Board of Directors of the Securities and Exchange Commission (SEC), Gensler will … Read more

Tech Stocks Open Lower, Extending Last Week’s Losses

Tech Stocks Open Lower, Extending Last Week’s Losses

Technology stocks opened lower in US trading on Monday, while government bonds extended their declines, as investors awaited inflation data and the start of earnings season. The Nasdaq Composite Index is down 1.1%, indicating renewed pressure on the technology sector. Last week, the benchmark index posted its biggest one-week percentage drop since February, as rising … Read more

Errant quotes made cryptocurrency investors ‘quadrillionaires’ on paper today. Here’s how the crypto community reacted.

Errant quotes made cryptocurrency investors ‘quadrillionaires’ on paper today. Here’s how the crypto community reacted.

Bitcoin has minted more than a few million millionaires in recent years as its value has soared since its inception more than a decade ago, but an apparent supply problem made investors richer – on paper at least – for a while on Tuesday. Crypto sites, including digital asset exchange Coinbase Global COIN, -0.71% and … Read more

A near-term pullback, then the third bubble in 100 years is coming, says strategist. Here’s how to get ready.

A near-term pullback, then the third bubble in 100 years is coming, says strategist. Here's how to get ready.

Among the dozens of central bank meetings jammed this week, the Fed has been seen stealing the show with a low start and early hints of a rate hike. After “the worst inflation call in history” and its credibility shattered, President Jerome Powell will need to take matters into its own hands, says Allianz’s chief … Read more