Robinhood nears settlement on GameStop, meme stocks suit
Trading platform Robinhood is finalizing a settlement with investors who claimed they were burned by its 2021 meme stock buy block.
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Ripple’s Garlinghouse forecasts further loss of U.S. dollar value
The wild ride of 2020 continues. 1429 Total views 16 Total shares After what has been a crazy year in almost every sense of the word, businesses are left wondering how to proceed, Ripple Labs CEO Brad Garlinghouse said. "The pandemic is throwing so many playbooks out the window," he posited in an Aug. 28 tweet.…
PayPal launches crypto services for UK customers
PayPal customers with verified identities will soon have access to crypto trading. However, crypto transactions for PayPal business accounts aren't yet supported. 614 Total views 81 Total shares Beginning this week, residents of the United Kingdom will be able to buy, hold and sell cryptocurrencies through PayPal for the first time — marking a significant…
Bank of America outlines 4 potential benefits of El Salvador’s Bitcoin strategy
“More than 70% of the adult population of El Salvador does not have a bank account,” reads the latest Global Research report from Bank of America. “For that reason, democratizing access to electronic payments, through Bitcoin, has a progressive touch.” 438 Total views 5 Total shares Bank of America, one of the nation’s largest financial…
Bitcoin ETF race gets 13th entrant, BlackRock revises ETF model
Pando’s ETF bid comes as several spot Bitcoin ETF applications draw closer to a final decision deadline. 857 Total views 14 Total shares Swiss asset manager Pando Asset has become an unexpected late entrant into the spot Bitcoin (BTC) exchange-traded fund (ETF) race in the United States.On the same day, investment giant BlackRock met with
Did XRP price just bottom against Bitcoin?
XRP price fell over 14% year-to-date pressured by Ripple's ongoing legal battle with the SEC so a bounce is in order, analysis suggests.
Polygon commits to going carbon neutral in 2022
The network also pledged $20 million to offsetting their carbon footprint and fostering an industry wide movement. 548 Total views 8 Total shares The Polygon network announced on Tuesday its commitment to going carbon neutral and climate positive this year by releasing their “Green Manifesto: A Smart Contract with Planet Earth.” They also made a…
Hermez Network launches zk-rollups on Ethereum mainnet to process cheap payments
Hermez users will be able to transact with ETH, USDT, WBTC on a scalable layer-two network. 1685 Total views 25 Total shares Hermez Network has announced on Wednesday the launch of its zk-rollup mainnet release. This means that the network is now open for users, who can benefit from the rollup’s much lower transaction costs…
Number of Active Bitcoin Addresses Could Indicate $14.7K Price Rise
A key on-chain metric that Bloomberg bets on, points to a Bitcoin bull run with possible 50% price appreciation. 688 Total views 24 Total shares June 11, the number of active Bitcoin (BTC) addresses hit 1,040,244. This is the highest number in two and a half years. Many analysts believe there may be a correlation…