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Coinbase (NASDAQ: COIN) , America's leading cryptocurrency custodian and exchange, announced a new program that pays a 4% annual percentage yield (APY) on the stablecoin USD Coin (CRYPTO: USDC) . USDC is the world's second-largest stablecoin (behind Tether ) and is backe...
Coinbase, now a listed Nasdaq entity, is a practical way to express a bearish view on the crypto world via a mainstream broker. Coinbase just announced the stablecoin Tether will now be accepted on the entirety of their platforms; until April '21 it was excluded for very valid reasons...
Visa is on the way to full recovery, after having been impacted by COVID-induced travel bans in 2020. The company has endeavored into cryptos but prudently, in addition to its move towards blockchain two years ago. As a result, there are significant growth opportunities. Ther...
Crypto startup Circle, the company behind USD Coin (USDC), raised $440M in a funding round and the company is said to be considering a SPAC transaction.The funding round included investors such as Fidelity, FTC, Digital Currency Group, Marshall Wace, Valor Capital and others, according a repo...
Cryptocurrencies received a fresh shot of legitimacy Monday, on the announcement that Visa (NYSE: V) will start accepting them for payment settlements in its network. Specifically, Visa will allow for payments with USD Coin (CRYPTO: USDC) through the Ethereum blockchain. ...
Shares of Canaan (NASDAQ: CAN) jumped as much as 17.2% higher on Monday morning. The Beijing-based developer and maker of cryptocurrency mining machines didn't have any company-specific news to share today or over the weekend, but the stock benefitted from a positive development in ...
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2023-10-13 06:30:00 ET When most investors think of investing in crypto, they probably think of popular cryptocurrencies such as Bitcoin or Ethereum . And for good reason -- these two cryptos account for a whopping 70% of the entire market capitalization of the crypto market. Bu...
2023-10-09 16:40:39 ET A divergence appears to be building, at least in Monday's price action, between certain top cryptocurrencies and the broader equity market. While most risk assets declined in morning trading Monday in response to surging oil prices and an escalating conflict in th...
2023-08-21 07:15:00 ET Nobody is talking about the drop in market capitalization for USD Coin (CRYPTO: USDC) , and that's a problem. Okay, that's hyperbole. Management for Coinbase Global (NASDAQ: COIN) did discuss USD Coin in its letter to shareholders in the second qua...