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Bitcoin

El Salvador’s Bitcoin adoption may jeopardize IMF negotiations: JPMorgan

JPMorgan is the latest source to respond to El Salvador’s decision to adopt Bitcoin (BTC) as legal currency within the country. In a client note

Cryptocurrencies

We’ve passed peak corporation already — Michael Anderson, Framework Ventures

The pandemic has changed society forever — and in many cases, not for the better. But when historians look back in a few decades, will

Invest

Chewy reports better than expected earnings for the first quarter

Chewy Inc. (NYSE: CHWY) reported the financial results for fiscal first quarter ending on May 2, 2021 after the market close on Thursday. Shares of

Bitcoin

Bitcoin traders eye ‘crucial’ $38K level as BTC price action consolidates higher

Bitcoin (BTC) traded in a higher range on Friday, with analysts keen to see which critical levels would fall next. BTC/USD 1-hour candle chart (Bitstamp).

Business

Regulator interest is good for the crypto ecosystem, says BlockFi CEO

BlockFi CEO Zac Prince agrees with United States Senator Elizabeth Warren that there is a lot of noise in the crypto industry. Still, he expects

Business

Dutch official calls for complete ban on Bitcoin

As El Salvador adopts Bitcoin (BTC) as legal tender, one Dutch official blasted the cryptocurrency, calling for an urgent blanket ban. Pieter Hasekamp, director of the

Business

Binance-owned Indian exchange WazirX investigated for alleged AML failings

The well-known Indian crypto exchange WazirX, which Binance acquired in 2019, is under investigation for alleged violations of India’s Foreign Exchange Act (FEMA). The probe

Business

El Salvador’s Bitcoin adoption an ‘interesting experiment,’ says BIS exec

Benoît Cœuré, Bitcoin (BTC) critic and the head of the innovation hub at the Bank of International Settlements, called El Salvador’s historic move to make

Business

Texas regulator allows state-chartered banks to hold Bitcoin

A Texas state regulator has officially affirmed that Texas state-chartered banks are allowed to store cryptocurrencies like Bitcoin (BTC) for their customers. The Texas Department

Business

SEC warns investors of the risks with Bitcoin futures

The U.S. Securities and Exchange Commision (SEC) has warned investors about the risks of Bitcoin futures trading — citing market volatility, a lack of regulation