Goldman Sachs‘ assessment of asset returns for the year so far indicates that Bitcoin has been their best-performing asset. This comes after a disastrous year for the cryptocurrency market in 2022, when the leading cryptocurrency surged above some of the banking sector’s greatest assets. The Goldman Sachs research highlighted the
USDC stablecoin issuer Circle claims the SEC’s inactivity caused it to be unable to go public. Via a $9 billion SPAC merger last year. In the wake of the FTX cryptocurrency exchange’s collapse last month. A planned merger between Circle and Concord Acquisition, a special-purpose acquisition firm established by former
Blockstream, a Bitcoin technology firm, has secured $125 million to expand into Bitcoin mining. On the other hand, the industry’s major players have been fighting to remain alive. Mining requires the use of specialized, power-hungry gear, but the miners are rewarded with a predetermined quantity of Bitcoin in exchange for
During its 10th year in business, the world’s largest software marketplace continues momentum with launch of Market Intelligence solution and 27% employee growth CHICAGO–(BUSINESS WIRE)–G2, the world’s largest and most trusted software marketplace, today reports strong growth and innovation in 2022 – its 10th year in business – on the
MarketAcross, a pioneer in blockchain marketing, has become the exclusive worldwide media partner for the forthcoming European Blockchain Convention (EBC). In its ninth edition, this conference will take place at the Hyatt Regency in Barcelona, Spain, from February 15-17, 2023, and is projected to attract more than 2,500 participants. The
Celsius said in court on Tuesday that it is considering issuing a new digital asset token as part of its strategy to restructure and emerge from bankruptcy as a future regulated cryptocurrency platform. At a video hearing, Celsius’s attorney Ross M. Kwasteniet argued that creditors would be better served by
Report reveals Millennials and Gen Z continue to lead the charge in job-hopping, while cryptocurrency transactions were highest among mid-20 and 30-somethings SAN DIEGO–(BUSINESS WIRE)–TurboTax, from Intuit (NASDAQ: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks and Mailchimp, releases the TurboTax Tax Trends Report, providing a
Bybit, one of the most well-known cryptocurrency exchanges, has come up with a new initiative for its investors. According to the latest announcement from the trading platform, it has introduced a new feature called, Unified Trading Account (UTA), a flexible all-in-one account option that provides multiple benefits for Bybit customers.
According to unaltered financial data that was accidentally posted on Tuesday, insolvent crypto lender BlockFi is connected to SBF’s FTX and Alameda Research to the tune of around $1.2 billion. Moreover, according to CNBC, the January 14 confidential financial data shows that BlockFi filings comprise a loan to Alameda of
On Monday, New York authorities issued a further warning to the crypto industry, this time regarding how to safely manage its clients’ digital assets. The New York Department of Financial Services (NYDFS) sent a public letter to the sector explaining the need of segregating client funds, the role that custodians
