The IRS wants Circle, a Boston-based fintech company that enables trading of various types of cryptocurrencies, to produce account registration information, account activity records, and other materials for clients who had at …
Read More »Loyalty plans to launch Bitcoin ETFs
Fidelity Investments unveiled plans on Wednesday to launch an exchange-traded fund that tracks the price of bitcoin, fueling the money manager’s push to bring cryptocurrencies into mainstream finance. The ETF, called the …
Read More »Erdogan fires head of Turkey’s central bank joins the mess: Naguib Sawiris
The fact that Turkey’s president fires his central bank chief over the weekend will only compound the “mess” in the country, Egyptian billionaire Naguib Sawiris said. President Recep Tayyip Erdogan fired another …
Read More »These 6 Charts Show How Sanctions Are Crushing Iran’s Economy
General view of an Iranian flag on January 12, 2019 in Abu Dhabi, United Arab Emirates. Matthew Ashton – AMA | fake images Iran’s economy is crumbling after years of US sanctions, …
Read More »Turkish lira sinks after Erdogan fires Central Bank head
Turkey’s currency fell 9% on Monday, heading for its biggest single-day selloff since 2018, following the abrupt removal of the central bank governor last week. The lira fell to a low of …
Read More »The lira and Turkish stocks crash after Erdogan fires the central bank head as other emerging market currencies struggle
Turkey’s currency and equities collapsed after the abrupt termination of its central bank chief, a move that prompted investors to take a cautious stance toward risky assets on Monday. The dollar USDTRY, …
Read More »Bitcoin (BTC) May Hit $ 300,000, But Bubble Could Burst After Peak: Bobby Lee
Bitcoin could soar as high as $ 300,000 in the current bull market based on its historical patterns, according to Bobby Lee, co-founder and former CEO of crypto exchange BTCC. However, he …
Read More »Turkish lira collapses on central bank woes and yen gains
A money changer counts Turkish lira banknotes at a foreign exchange office in Istanbul, on Aug. 8, 2018. Yasin Akgul | AFP | fake images The Turkish lira fell to a record …
Read More »Tesla CEO Elon Musk is selling one of his tweets about NFT, as NFT
Tesla TSLA, -4.39% and SpaceX CEO Elon Musk is selling one of his tweets about NFT, as NFT. The bid for Musks’ tweet, which features a video and song about NFT, has …
Read More »Americans ready to invest $ 40 billion in bitcoin and the stock market as stimulus checks roll in: survey
Another round of stimulus controls could provide an opportunity for stocks and especially bitcoin, according to a survey published Monday by Mizuho Securities. The survey of 235 people waiting to receive checks …
Read More »