Cryptocurrency

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

PYMNTS AM Radar: Pay Up; Moving On; No Surprises; Forecasting Innovation; ICYMI

PYMNTS AM Radar: Pay Up; Moving On; No Surprises; Forecasting Innovation; ICYMI
PYMNTS AM Radar: Pay Up; Moving On; No Surprises; Forecasting Innovation; ICYMI
June 14, 2022  |  Economy

Today is Tuesday, June 14 and margin calls are adding up amid the crypto market’s freefall, while bitcoin’s price is about two-thirds what it was...

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Bitcoin Plummet Triggers $1B in Margin Calls 
Bitcoin Plummet Triggers $1B in Margin Calls 
June 14, 2022  |  Cryptocurrency

About $1 billion guaranteed by some 260,000 market investors was liquidated due to margin calls in the past 24 hours, according to data from CoinGlass,...

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Russian Lawmakers Consider Bill to Ban Crypto Payments
Russian Lawmakers Consider Bill to Ban Crypto Payments
June 13, 2022  |  Cryptocurrency

The lower house of Russia’s parliament is considering legislation that would bar crypto platforms from hosting purchases with crypto assets, Bitcoin.com reported. Get the Full...

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Today in Crypto: TerraUSD Investors Sue Binance.US Over Losses; BlockFi to Lay Off 20% of Staff
Today in Crypto: TerraUSD Investors Sue Binance.US Over Losses; BlockFi to Lay Off 20% of...
June 13, 2022  |  Cryptocurrency

An investor in the doomed Terra blockchain ecosystem filed a federal lawsuit seeking class action status and naming, among defendants, Binance.US, Bloomberg reports. Get the...

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Software Company MicroStrategy’s Bitcoin Losses Almost $1B
Software Company MicroStrategy’s Bitcoin Losses Almost $1B
June 13, 2022  |  Cryptocurrency

MicroStrategy Inc.’s purchase of nearly 130,000 bitcoins at a cost of about $3.97 billion over the past two years is taking a toll on the...

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Latest Crypto Turmoil Could Signal the End of Sky-High DeFi Returns
Latest Crypto Turmoil Could Signal the End of Sky-High DeFi Returns
June 13, 2022  |  Cryptocurrency

With most major cryptocurrencies down 15% to 20% over the past 24 hours and the idea that bitcoin is a hedge against inflation on par...

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Stablecoins’ Wobbly Dollar Pegs Add to Crypto Market Chaos
Stablecoins’ Wobbly Dollar Pegs Add to Crypto Market Chaos
June 13, 2022  |  Cryptocurrency

A pair of stablecoins broke the buck over the last 24 hours as inflation-fueled economic worries fueled a broader crypto market collapse that saw bitcoin...

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Bitcoin’s Potential as ‘Digital Gold’ Loses Luster as Price Plummets
Bitcoin’s Potential as ‘Digital Gold’ Loses Luster as Price Plummets
June 13, 2022  |  Cryptocurrency

As bitcoin collapsed over the weekend, dropping nearly 14% in just 24 hours to below $24,000 in the morning Monday (June 13), it’s impossible to...

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PYMNTS AM Radar: Walmart SuperCenters Get More Super; Credit Suisse on Unenviable Watch List in UK; Crypto’s $150M Plunge; Restaurants Add More Marketing and Ordering Tech to Their Menus; ICYMI
PYMNTS AM Radar: Walmart SuperCenters Get More Super; Credit Suisse on Unenviable Watch List in...
June 13, 2022  |  Retail

Today is Monday (June 13), and bitcoin and other cryptocurrencies are feeling the heat from the ongoing inflation and expected interest rate hike. Plus, Walmart...

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