Coinbase Global Inc. profited handsomely from bitcoin’s first-quarter rally, generating more profit and revenue in the first three months of 2021 than in all of 2020. The company, which offers a variety …
Read More »The IRS wants to know everything about your Bitcoin holdings, and this subpoena is a reminder
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 »Bitcoin, crypto investors will be on the lookout for these 5 questions facing the Biden administration
The stock market recovery from last year’s COVID-driven slide is testament to the unprecedented level of federal stimulus injected into the economy over the past twelve months, but few asset classes have …
Read More »Bank of New York Mellon Invests in Cryptocurrency Startup
Bank of New York Mellon Corp. BK 0.41% is investing in a cryptocurrency startup, the latest move by a traditional Wall Street gamer to embrace digital assets. The startup, Fireblocks, creates tools …
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 »Elon Musk is the new ‘Tesla Technoking’ and the CFO is nicknamed ‘Master of Coin’
Tesla Inc. said Chief Executive Elon Musk changed his title at the company to “Technoking of Tesla,” extending an irreverent streak in the leadership of the 49-year-old electric vehicle maker. The company …
Read More »Bitcoin hits $ 60,000, which means Tesla has made a lot of money
Text size Elon Musk, CEO of Tesla fake images Bitcoin traded above $ 60.00 on Saturday. That means Elon Musk’s bet on crypto has paid off. Tesla more than a billion dollars. …
Read More »Bitcoin is at a ‘tipping point’ between the mainstream boom and speculative implosion. Citi says one is more likely
US equities have started the week strong as bond yields declined from last week’s highs on Monday. Two positive developments over the weekend have also encouraged investors: The U.S. House of Representatives …
Read More »Nvidia shares plummet after earnings. Bitcoin is partly to blame.
Text size Justin Sullivan / Getty Images By most measurements, Nvidia showed he had a good year when he reported the results Wednesday night. But with semiconductor companies benefiting from an increase …
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