Bitcoin investors dig in for long haul in ‘staggering’ shift

Softbank-backed Brazilian crypto firm acquires Portuguese exchange

Jan 17 (Reuters) – As Bitcoin approaches 2022, a growing group of long-term investors are doubling their cryptocurrency stocks, hoping that the December drop will be just a celebratory moment. Some industry watchers point to the fundamental stability of these long-term investments as potentially promising indicators of a volatile cryptocurrency. Since last July, for example, … Read more

Stablecoins steal the limelight from subdued bitcoin

Stablecoins steal the limelight from subdued bitcoin

Dec 13 (Reuters) – As Bitcoin, the world’s largest digital currency, struggles to recover from a massive meltdown, the regulatory and private sector focus has shifted to another part of the cryptocurrency world: stablecoins. Last week saw Meta Platforms Inc (FB.O) trial its own stablecoin payments wallet, while the world’s largest Visa (VN) payment processor … Read more