More than 50% of top crypto companies call U.S. home, despite intensifying regulation, study shows

More than 50% of top crypto companies call U.S. home, despite intensifying regulation, study shows

Crypto investors may be hoping their investments go to the moon but more than half of the world’s largest crypto companies are US based. Some industry participants warn, however, that too-harsh regulatory scrutiny will spur some companies to abandon the US for regulatorily greener pastures. A total of 28 of the top 50 crypto companies, … Read more

Bitcoin’s Fair Value Is a Lot Less Than the Market Thinks

Bitcoin’s Fair Value Is a Lot Less Than the Market Thinks

font size dream time The fair value of Bitcoin is $20,851, according to the only valuation model I know of for this most popular cryptocurrency. Your reaction to this depends in part on whether you see the glass as half full or half empty. On the other hand, this fair value estimate is less than … Read more

‘Where the crypto market goes from here is completely dependent on the stock market,’ says digital-asset tycoon Barry Silbert

'Where the crypto market goes from here is completely dependent on the stock market,' says digital-asset tycoon Barry Silbert

Do you want to know where the crypto market goes from here? Investors should look no further than the stock market, Barry Silbert, a strong player in the digital asset sector, says in a tweet Sunday night amid a downturn in digital assets. Silbert’s comments came as BTCUSD, + 1.47%And Ether ETHUSD, + 1.88% and … Read more

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

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

What’s behind the booming market for rare coins

What's behind the booming market for rare coins

As investors continue to pour money into all things cryptocurrency, there is another type of currency that appears to be gaining momentum. And this is as “real” as money – as in rare coins. According to many accounts, the market for coins (or coins) has experienced exponential growth since the beginning of the pandemic, in … Read more

How China’s Property Market Could Trigger a Crypto Crash

How China's Property Market Could Trigger a Crypto Crash

Bitcoin and other cryptocurrencies were crashing on Monday amid a global sell-off in risky assets. The reason for the collapse appears to be the growing problems of the embattled real estate group China Evergrande Group. Bitcoin, the world’s largest cryptocurrency, fell 7% on Monday to around $44,000. Ethereum, the second largest cryptocurrency, is down 8% … 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

I teach cryptocurrency at UC Berkeley. 3 things crypto investors should know

I teach cryptocurrency at UC Berkeley. 3 things crypto investors should know

Kristen Parlor It’s hard to escape the hype surrounding cryptocurrency, with Elon Musk saying “there is a good chance that cryptocurrency will be the future currency of the earth” to addresses like this, predicting that Bitcoin will reach $100,000 by 2023. Whether any of these things happen, Or crypto takes a turn for the worse, … Read more

GameStop Entering NFT and Cryptocurrency Markets as Part of Turnaround Plan

GameStop Entering NFT and Cryptocurrency Markets as Part of Turnaround Plan

Jim Stop corp. GME 1.28% It is launching a division to develop a marketplace for non-fungible tokens and forge crypto partnerships, according to people familiar with its plans, propelling the company into very encouraging areas as it tries to transform its core video game business. The retailer has hired more than 20 people to run … Read more