The crypto trading platform Coinseed is shutting down operations according to a written statement from the company’s CEO Delgerdalai Davaasambuu. A court order secured by New York Attorney General Letitia James told Coinseed to halt all of its operations. Following the announcement of the shutdown, Coinseed’s CEO said he created an ERC20 token called “FLJ” […]
One Small step for Cryptos, One Giant Leap for Mankind
At the Miami Bitcoin conference, Jack Mallers, CEO Founder of the Layer 2 Lightning Network and its cross-border remittance app Strike, commented on El Salvador’s plan to adopt Bitcoin as legal tender is the Shot heard around the World. But how significant is El Salvador’s plan to Bitcoin and cryptos? Read on. Yo, Tyrone, get your […]
El Salvador’s relationship with the IMF turns complicated after new Bitcoin bill
The International Monetary Fund (IMF), a global intergovernmental organization that supports economic structures and finance in the world, is set to hold talks with El Salvador after it passed a Bitcoin bill today. The issue with accepting Bitcoin As per Reuters, El Salvador is already nursing a strained relationship with the IMF amidst difficult economic […]
Bitcoin Price Recovers Being Recognized As Legal Tender!
The post Bitcoin Price Recovers Being Recognized As Legal Tender! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide ‘Freedom Is Not A Bad Thing’ El Salvador President The historic moment finally arrived for the most primitive crypto, Bitcoin as it is now a legal tender with equal status as Fiat. A […]
America’s Ultrarich Shown to Pay Less Tax Compared with Their Wealth Growth
Coinspeaker America’s Ultrarich Shown to Pay Less Tax Compared with Their Wealth Growth A new report from ProPublica, an independent media outlet has shown that America’s ultrarich individuals pay less tax when compared to their actual wealth growth for years. According to the report, drawing on data obtained from the United States Internal Revenue Service […]
Crypto Lender BlockFi Plans to Raise Fresh Funds at $5 Billion Valuation
Coinspeaker Crypto Lender BlockFi Plans to Raise Fresh Funds at $5 Billion Valuation BlockFi, the popular cryptocurrency trading and wealth management firm, is once again raising fresh funds just in three months of the last round. BlockFi is reportedly in the late-stage talks with the new and existing investors pegging $5 billion valuations. Citing people […]
S&P 500 Remains Flat on Tuesday Hovering around Its All-Time High
Coinspeaker S&P 500 Remains Flat on Tuesday Hovering around Its All-Time High On Tuesday, June 8, the broader market index S&P 500 ended the session on a flat note facing strong resistance at its all-time high levels. The S&P 500 (INDEXSP: .INX) ended at 4227 levels, just short of May’s all-time high of 4238. Not […]
AAPL Stock Up 0.2% Now, Wedbush Analyst Expects Apple to Reach $3 Trillion by 2022
Coinspeaker AAPL Stock Up 0.2% Now, Wedbush Analyst Expects Apple to Reach $3 Trillion by 2022 Apple Inc (NASDAQ: AAPL) stock is up 0.21% to trade around $127 during the pre-market session. Apple closed the trading day yesterday with a market valuation of approximately $2.1 trillion but Wedbush analyst Dan Ives expects the company to […]
Hedge Fund Billionaire Marc Lasry Wishes More Bitcoins To Accumulate
US billionaire hedge fund manager, Marc Lasry, acknowledged that he regrets not purchasing enough Bitcoin in the past. He has predicted that Bitcoin would see adoption growth and an increase in price. (Read More)
Hong Kong Lists CBDC Development as Strategy Fintech 2025 Roadmap
The Hong Kong Monetary Authority has enlisted its e-HKD development as part of its Fintech 2025 strategy. (Read More)