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
Report: Goldman Sachs, Crypto Exchange FTX Meet to Discuss Closer Ties
April 21, 2022

The chief executive of Goldman Sachs held a meeting with the founder of crypto exchange FTX last month to explore forging stronger ties between the two companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency
BitPay Adds New Crypto Wallets and Exchanges
April 21, 2022

Cryptocurrency payments processor BitPay announced Wednesday (April 20) that two new exchanges and two new wallets had adopted its payment protocol. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cryptocurrency
Ripple CEO Laments ‘Tribalism’ in Crypto Markets
April 21, 2022

The growth of the cryptocurrency market is being undermined by “tribalism,” Ripple Chief Executive Brad Garlinghouse told CNBC. 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...

Cryptocurrency
Today in Crypto: Bitcoin Bounces Above Support Level; Coinbase Beta-Tests NFT Marketplace
April 21, 2022

Bitcoin grew 2% to $42,404 on Wednesday (April 20), in the process surpassing its 50-day moving average, an oft-cited technical level, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cryptocurrency
PYMNTS Data Show Jump in Crypto Ownership, Willingness to Spend It
April 20, 2022

With nearly one quarter of U.S. consumers having bought or held cryptocurrencies last year, merchants have 59.6 million reasons to make it both possible and easy for them to spend it. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cryptocurrency
Crypto Makes a Buzz on the Shopping Front
April 20, 2022

While regulators and experts debate if cryptocurrency is an asset to hold or cash to spend, many consumers are using their crypto to go shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cryptocurrency
For CFOs, Crypto and Blockchain Present Opportunities to Transform Business
April 20, 2022

When Gary A. Vecchiarelli, chief financial officer (CFO) at CleanSpark, joined the sustainable bitcoin mining and energy technology company in December, some people pointed out that he didn’t have a crypto background.  Get the Full Story Complete the form to unlock this article and enjoy...

Cryptocurrency
Crypto Is Down, but Crypto-Focused Stocks Are Worse
April 20, 2022

While the values of cryptocurrencies slide, the values of companies that maintain markets for them are sliding even faster, the Wall Street Journal reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cryptocurrency
Today in Crypto: FTX CEO Says Blockchain Could Fix Social Media’s ‘Broken Model’; Rising Interest...
April 20, 2022

Meanwhile, Coindesk reports that Bitcoin is becoming increasingly sensitive to interest rates, as evinced by the outflow of $97 million of digital asset funds during the week that ended April 15. Get the Full Story Complete the form to unlock this article and enjoy unlimited...