Google Finance now has a dedicated “crypto” field for bitcoin, ether, litecoin and bitcoin cash. CoinDesk reports: Right at the top of the page, where users can “compare markets,” crypto is listed among the five default markets, which also includes U.S., Europe, Asia and “Currencies.” At the moment, it appears Google Finance only tracks a limited number of cryptocurrencies. Bitcoin, ethereum,…
Tag: cryptocurrencies
China Charges Ahead With a National Digital Currency
The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency. From a report: Annabelle Huang recently won a government lottery to try China’s latest economics experiment: a national digital currency. After joining the lottery through the social media app WeChat, Ms. Huang,…
Dropping Nearly 20%, Bitcoin Suffers Worst Weekly Drop in a Year
“Bitcoin’s rally this year has hit a speed bump, putting it on track for the worst weekly slide in almost a year amid wider losses in risk assets,” reports Fortune: The largest cryptocurrency slumped as much as 20% this week, the most since March, and was holding at about $46,925 as of 10:22 a.m. in Hong Kong. The wider Bloomberg Galaxy…
Why an Animated Flying Cat With a Pop-Tart Body Sold for Almost $600,000
In the 10 years since Chris Torres created Nyan Cat, an animated flying cat with a Pop-Tart body leaving a rainbow trail, the meme has been viewed and shared across the web hundreds of millions of times. On Thursday, he put a one-of-a-kind version of it up for sale on Foundation, a website for buying and selling digital goods. In the…
Dogecoin Has a Top Dog Worth $2.1 Billion
The dogecoin market has a pack leader. From a report: Records show that a person, or entity, owns about 28% of all of the cryptocurrency in circulation — a stake worth about $2.1 billion at current prices [Editor’s note: the link may be paywalled; alternative source]. The holder’s identity isn’t known, which is common in the opaque world of digital currencies….
New York Sues To Shut Down ‘Fraudulent’ Coinseed Crypto Platform
New York’s attorney general filed a lawsuit on Wednesday to shut down the cryptocurrency platform Coinseed for allegedly defrauding thousands of investors, including by charging hidden trading fees and selling “worthless” digital tokens. From a report: Attorney General Letitia James said Coinseed traded cryptocurrencies such as bitcoin without registering as a broker-dealer, and sold “CSD” tokens without authorization to raise money…
Darknet Crypto Kingpin JokerStash Retires After Illicit $1 Billion Run
The kingpin or kingpins of the world’s biggest illicit credit card marketplace have retired after making an estimated fortune of over $1 billion in cryptocurrency, according to research by blockchain analysis firm Elliptic shared with Reuters. From the report: The “Joker’s Stash” marketplace, where stolen credit cards and identity data traded hands for bitcoin and other digital coins, ceased operations this…
Mastercard To Open Up Network To Select Cryptocurrencies
Mastercard announced on Wednesday it was planning to offer support for some cryptocurrencies on its network this year. Reuters reports: Mastercard already offers customers cards that allow people to transact using their cryptocurrencies, although without going through its network. “Doing this work will create a lot more possibilities for shoppers and merchants, allowing them to transact in an entirely new form…
Apple Should Create Crypto Exchange and Buy Bitcoin, Says RBC
RBC Capital Markets says Apple should follow in Tesla’s footsteps by getting into cryptocurrencies. Bloomberg reports: The iPhone maker could create a sizable new market for growth if it were to develop its Apple Wallet into a crypto exchange, said analyst Mitch Steves. “The wallet initiative appears to be a clear multi-billion dollar opportunity for the firm (potential for well over…
To the Moon? Dogecoin Leaps 46% in 24 Hours After Tweets From Elon Musk, Snoop Dogg
Friday the 71-year-old former lead singer of the band Kiss tweeted “I bought Dogecoin…six figures,” to his 922,000 followers, along with other supportive tweets. Saturday rap artist Snoop Dogg tweeted an image of “Snoop Doge” to his 19.2 million followers. Later Elon Musk tweeted a picture from the Lion King with Musk’s head appearing on a monkey holding up a monkey…