Bitcoin’s supply cap of 21 million might make it the best way to hold as an inflation hedge — but recently, Bank of America thinks it’s a risk asset, CoinDesk reported Wednesday (Feb. 9). Get the Full Story Complete the form to unlock this article...
The idea that bitcoin is a store of value that will, like gold, ride the wave of inflation has been tested lately, especially after it crashed along with the stock market following news that inflation has hit a 40-year high. The Fed made it clear...
The timing of the arrests of Ilya Lichtenstein and Heather Morgan on charges that they stole $4.5 billion in bitcoin from cryptocurrency exchange Bitfinex in 2016 couldn’t be more auspicious. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Cryptocurrency platform Voyager Digital says it will launch a feature this year that lets customers purchase stocks with the stablecoin USDC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Digital wealth management platform Betterment announced Tuesday (Feb. 8) that it will buy automated crypto portfolio provider Makara. 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...
Back in late 2018, something interesting happened when cryptocurrency exchange Coinbase listed a new decentralized finance (DeFi) token called 0x: It jumped from $0.65 to $1.08, and the Coinbase Effect was born. Get the Full Story Complete the form to unlock this article and enjoy...
PayPal is adding several new members to its cross-disciplinary advisory council on Blockchain, Crypto and Digital Currencies (BCDC). 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...
Today’s stablecoin hearing in front of the House Financial Services Committee wasn’t about stablecoins, per se, but rather the administration’s recent report on how to deal with them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Heading into an important hearing later Tuesday morning (Feb. 8) by the House Financial Services Committee about the President’s Working Group on Financial Services recent stablecoin report, the Federal Reserve Bank of New York came out with a paper calling the dollar-pegged cryptocurrencies unnecessary and...
