Czech regulators tread softly on crypto oversight – POLITICO

Czech regulators tread softly on crypto oversight – POLITICO

Prague – In the Czech Republic, a suspected scam is prompting calls for regulators to take a hot new crypto product more seriously. When a high-profile advertising campaign run by a company called Xixoio began making huge promises to small investors last fall, some in the media and fintech world questioned whether the claims were … Read more

Bitcoin Steadies After Flash Crash

Bitcoin Steadies After Flash Crash

Bitcoin sell-offs plummeted on Wednesday, providing some relief to holders of the volatile cryptocurrency after a sudden crash the previous day wiping out billions of dollars of its value. The largest cryptocurrency by market capitalization is down 1.3% to settle at $4,6154.44 a piece, according to 5pm ET data from CoinDesk. It briefly fell 17% … 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

crypto: Budget to decide if crypto investment is business income

Bitcoin: Crypto hunting: Experts pick six tokens for strong returns

Mumbai: The government has requested an opinion from top tax advisors on whether income earned from trading or investing in cryptocurrency can be treated as business income against capital gains from this year onwards, two people involved in the discussions said. This move could significantly increase the tax burden for cryptocurrency investors. The government is … 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

Schibsted : invests in the cryptocurrency exchange platform Firi

Schibsted : invests in the cryptocurrency exchange platform Firi

Firi, the leading Scandinavian cryptocurrency trading platform, has made a new investment round of NOK 60 million led by Schibsted Ventures. “We aspire to make the process of buying and selling cryptocurrency safe and easy for customers. We are particularly pleased to have Schibsted Ventures as a new investor now that Firi faces Scandinavian expansion. … Read more

Bitcoin And Ethereum Are Hanging By A Thread — Here’s The Trade

Bitcoin And Ethereum Are Hanging By A Thread — Here’s The Trade

It was a difficult extension of cryptocurrencies like ethereum and bitcoin. These are the two largest cryptocurrencies by market cap and it hasn’t been easy to get them working lately. Bitcoin is posting its fifth consecutive daily loss, while Ethereum is posting its fifth weekly loss in six weeks. While US stocks managed to reach … Read more

Bitcoin prices fall but Goldman Sachs predicts it could hit $100,000

Bitcoin prices fall but Goldman Sachs predicts it could hit $100,000

The world’s most valuable cryptocurrency has fallen to around $46,000 after hitting a record near $69,000 in November. after Goldman Sachs (p) He said in a report this week that Bitcoin (XBT) It could double, to just over $100,000 per coin, within the next five years. “We believe that bitcoin’s market share will likely rise … Read more

Goldman Sachs thinks bitcoin can get to $100,000. Here’s how.

Goldman Sachs thinks bitcoin can get to $100,000. Here's how.

Bitcoin is likely to take a larger market share than gold as a “store of value” thanks to broader adoption of digital assets and Bitcoin scaling solutions, according to a Tuesday report from Goldman Sachs. Cryptocurrency price could exceed $100,000 in a hypothetical scenario when Bitcoin is BTCUSD, + 1.05% Capture 50% of the “store … Read more