Cryptocurrency

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

(source: en.wikipedia.org)

Cryptocurrency
Coinbase May Be Unfazed By 80% Drop, but Investors Are Clearly Shaken
May 11, 2022

Here’s a pretty fair rule of thumb about quarterly earnings reports: When a company leads with the line from your initial offering prospectus that tells investors “You can expect volatility in our financials,” good news will not follow. Get the Full Story Complete the form...

Cryptocurrency
Today in Crypto: Crypto Assets Lose $800B in Market Value Over Month; UK Promises New...
May 10, 2022

Crypto assets have lost almost $800 billion in market value in the past month, a report said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Cryptocurrency
Millennial Minute: Almost 18% ‘Definitely Prefer’ Merchants That Accept Crypto Payments
May 10, 2022

Spendable cryptocurrency is still an emerging concept, but that isn’t dampening interest in this asset class as consumers — overwhelmingly millennials for now — have been buying crypto for the value it could gain and its utility as a payments option. Get the Full Story...

Cryptocurrency
As Bitcoin Sinks, 40% of FOMO Buyers Find Themselves Underwater
May 10, 2022

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Cryptocurrency
Today in Crypto: Tanzania Eyes Creating Own CBDC; El Salvador Buys 500 More Bitcoin
May 09, 2022

Tanzania is coming closer debuting a central bank digital currency (CBDC), which it hopes will compete with crypto’s popularity in that country, a report from Bloomberg said Monday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cryptocurrency
UST Stablecoin Drops to 92 Cents, Could Jeopardize Funding Algorithm
May 09, 2022

TerraUSD (UST) is without its dollar peg for the second time in only three days, CoinDesk reported Monday (May 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
Crypto Crash Dims Coinbase’s Already Low Q1 Expectations
May 09, 2022

Top U.S. cryptocurrency exchange Coinbase Global Inc. reports its Q1 results on Tuesday (May 10), and expectations are low for the most important earnings report in crypto. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
These Bills Could Change SEC’s Crypto Enforcement Trend 
May 09, 2022

On Tuesday (May 3), the Securities and Exchange Commission (SEC) announced the expansion of its Crypto Assets and Cyber Unit with 20 additional positions, for a total of 50 dedicated positions.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Portugal Allows Real Estate Buyers to Pay With Bitcoin
May 09, 2022

Portugal recently relaxed its laws toward cryptocurrencies and is now promoting payments with tokens in all sorts of circumstances — including real estate purchases, according to a Cryptopolitan report Sunday (May 8). Get the Full Story Complete the form to unlock this article and enjoy...