Cryptocurrency

One of the most substantial value propositions of Bitcoin (BTC) is that no one can create more of it apart from its fixed supply. However, an executive from a crypto exchange made a bold claim that some exchanges can create and sell BTC that's only in their system, not on the blockchain, to manipulate the market. In an interview with…

Apart from data analysis done alone or in cooperation with private companies, authorities may request information from centralized exchanges. Due to regulation, centralized exchanges may also be obligated to share such information. However, not all cryptocurrency exchanges collaborate with authorities. A centralized exchange is a cryptocurrency…

The crypto industry continues to anticipate the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States as more investment managers file amended applications with the Securities and Exchange Commission (SEC).The high level of anticipation has even caused the Chicago Mercantile Exchange (CME) to leap positions among derivatives…

Avalanche (AVAX) is leading the gains among the top-20 largest cryptocurrencies by market capitalization.  AVAX, the coin powering the layer-1 blockchain, gained 14.18% and has seen a 23% uptick in trading volume over the past 24 hours. The coin currently trades at around $29.3, according to data from CoinMarketCap. Despite its 25% jump over the…

STAMFORD — Cryptocurrency conglomerate Digital Currency Group will not move ahead with its jobs-based incentives deal with the state that was announced nearly two years ago, but it is keeping its headquarters in Stamford.The company will not receive any funding through the deal because it did not end up signing a contract with the state…

A new product rolling out within the next year will utilize blockchain technology to provide casino patrons worldwide with casino chip access on the gaming floor, directly from their cryptocurrency or digital assets. “At the end of the day, there was really no direct mechanism for taking digital assets and putting them into play in a way that…

The year-to-date returns of all mining stocks, except for two, have far outpaced Bitcoin's rise of 84.61%, per CoinGecko data. The two underperforming mining firms? Argo Blockchain and TeraWulf. Still, the average return of the top eleven public mining companies this year is more than double that of Bitcoin, standing at 148.59%. Marathon…

Exactly one month ago today, bitcoin was trading below $20,000 per unit as crypto markets continued to react to growing levels of inflation and central bank policy. However, a month later, the world’s leading crypto token has moved above $23,000, despite consumer prices rising to multi-decade highs. So with this in mind, where could…

El Salvador can follow Singapore’s lead and become a financial center in the Americas, according toGabor Gurbacs, strategy advisor of investment management firm VanEck.“I say often to portfolio managers and asset allocators that El Salvador has the potential to become the Singapore of the Americas,” Gurbacs explained in an Oct. 28 X post.Similar…

Cryptocurrency is an exciting frontier that's still new. Bitcoin (BTC 2.21%) has only been around since 2009, and crypto as a whole has been relevant for just the past decade or so. Sometimes, timing is everything. Two years ago, Bitcoin traded at more than $60,000. Had I asked whether the coin could climb to $100,000, you might have said it…