BC Group, VSAL joins to serve institutional bitcoin market in Asia

BC Group, the owner of the institutional cryptocurrency brokerage company OSL, has partnered with Venture Smart Asia Limited (VSAL), a digital private equity fund manager. Both BC Group and VSAL are licensed by the Hong Kong Securities and Futures Commission (SFC). Announced on Wednesday, the two parties have signed a memorandum […]

Dollar falls, Aussie gains on improving risk sentiment

NEW YORK (Reuters) – The dollar fell on Tuesday and risky currencies, including the Australian dollar, rose as US equities were stable, reflecting improved risk appetite. FILE PHOTO: Saudi riyal, yuan, Turkish lira, pound, US dollar, euro and Jordanian dinar banknotes are seen in this illustration taken on January 6, 2020. […]

BIP 2021: Bitcoin’s path to reserve currency status is set

After a significant 2020, it will be the year that bitcoin takes big steps towards becoming the world’s reserve currency. 2020 was unforgettable, especially for Bitcoin. To help remember this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, societal growth and […]

PayPal can buy digital currency start-up curve

Share Tweet Share Share Share E-mail PayPal is in discussions to buy cryptocurrency storage startup Curv, Bloomberg reported. The discussions are in the beginning and may not lead to a deal, Bloomberg reported, citing an unnamed source. Curv, headquartered in Empire State, was founded in 2018. The company says dozens of […]

Potential travelers should consider locking in Aussie dollars

Biggest movers The major movements in the Australian dollar have been against the US dollar, the euro, the Japanese yen and the Indian rupee. The dollar is trading at around US77 ¢ after briefly hitting US80 ¢ last week. It is far from where it was in March last year, when […]

Bitcoin catches the eye on Wall Street

Share Tweet Share Share Share E-mail It’s never easy to call the top of, well, anything in any market. Unnamed: Art, baseball cards, absolutely not stocks, bonds or housing. But then things look a bit high for bitcoin, at least in terms of emotions, which possibly signals some speed bumps ahead. […]

GROWING MARKETS – Most Asian currencies weaken, S. Korean leader falls

Jan 18 (Reuters) – The following table shows rates for Asian currencies against the dollar at 0213 GMT. Currency Latest bid Previous Pct day Move Japan yen 103.720 103.87 +0.14 Sing dlr 1.331 1.3297 -0.09 Taiwan dlr 27.974 28.48 +1.81 Korean won 1103.400 1099.4 -0.36 Baht 30.080 30.02 -0.20 Peso 48.055 […]

Bitcoin has a Xinjiang problem

Influences that Elon Musk and star picker Cathy Woods have helped send bitcoin price increase in recent weeks. But investors who weigh in on the popular cryptocurrency must also take into account the ethics surrounding it – as a significant portion of it is “broken” in China’s Xinjiang, where Beijing is […]

Sino-Global accepts Bitcoin as payment

ROSLYN, NY, March 2, 2021 / PRNewswire / – Sino-Global Shipping America, Ltd. (NASDAQ: SINO) (“Sino-Global”, “the company” or “we”), a non-asset based global provider of logistics integrated shipping solutions, announced today that the company will now accept Bitcoin as a payment method for its global delivery, freight and logistics services […]

Rumor has it: Amazon is about to launch its own digital currency

Amazon may soon unveil a new cryptocurrency specifically dedicated to exclusive purchases on its various platforms, from its online store to Prime Video via its app store, according to reports. Mexico may be the first country to use it, although the brand has not yet confirmed its reputation. The largest players […]

Wasabi Wallet And Bull Bitcoin Grant Bitcoin Knots 0.86 BTC

Earlier this week, Wasabi wallet Creator zkSNACKs and Canadian bitcoin exchanges Bull Bitcoin announced that they would donate a no-strings attachment grant for the development of Bitcoin Knots. The two Bitcoin-focused companies shared a grant of 0.86 BTC (or about $ 40,000 at the time of writing) to support the development […]

Purchases of cryptocurrencies made in USD cannot be reported to the IRS

Purchases of cryptocurrencies in fiat currencies are not covered by any type of IRS tax reporting under IRS Frequently Asked Questions on Cryptocurrency (Q5) updated March 2, 2021. Updated Q5 on IRS FAQs on Virtual Currency IRS FAQ on Virtual Currency For example, say Sam bought 1 bitcoin (BTC) in 2020 […]

Bitcoin: Are you going to buy the dip? – Motley Fool Canada

Bitcoin has put together an astonishing bull run since the early summer of 2020. The top digital currency has crushed the peak times published during the bull run in 2017. Bitcoin challenged $ 60,000 in the latter part of February. But since then, it has fallen back below $ 50,000. What […]

The Human Rights Foundation announces $ 70,000 in Bitcoin development grants

Today, the Human Rights Foundation (HRF) has announced four new grants as part of its Bitcoin Development Fund, a program launched last year to financially support Bitcoin developers working to make the network more private, decentralized and resilient. Nonprofits focused on preserving human rights around the world will donate $ 25,000 […]

Crypto-hedge funds see big returns when bitcoin boom gains momentum: CNBC After Hours

ShareShare article via FacebookShare article via TwitterShare article via LinkedInShare article via email CNBC.com’s Pippa Stevens gives you today’s best business news headlines. In today’s show, CNBC’s Ylan Mui reports that several Democrats are proposing the next big stimulus bill, even though the current $ 1.9 trillion package is going through […]

The big recovery comes for the currency

As the great recovery continues from globalist think tanks and technology billionaires to allied media elites, governments, schools and Woke companies, what will then be “restored”? Supporters of the World Economic Forum’s comprehensive Great Reset agenda are looking at BIG changes for the global monetary system. Plans that could once have […]

March 3, 2021: Profit for risk currencies; DXY Caps wins around 91.00

USD / JPY: Monthly time frame: (Technical change of this time frame is often limited but serves as a guide for potential long-term moves) After January’s uplifting candle, price measures pushed further results in February, adding 1.8 percent. Falling resistance (not taken into account traditional trend line resistance) steers the spotlight […]

Market Wrap: Bitcoin Continues Choppy in High $ 40Ks Amid Market Indecision

TipRanks Analysts say that these three dividend shares are top choices for 2021 The market pendulum has recently swung from one extreme to another, which has made it difficult for investors to track. Ups and downs in the rapidly changing situation are exactly the opposite of what investors want to see. […]

Crypto-hedge funds see big returns when bitcoin boom gains momentum: CNBC After Hours

CNBC.com’s Pippa Stevens gives you today’s best business news headlines. In today’s show, CNBC’s Ylan Mui reports that several Democrats are proposing the next big stimulus bill, even though the current $ 1.9 trillion package is going through Congress. In addition, CNBC’s Leslie Picker breaks down the rise of crypto hedge […]

Dollar gains on higher returns, risky currencies weaken

NEW YORK (Reuters) – The US dollar rose on Friday as US government bond yields held close to one-year highs, while risky currencies such as the Australian dollar weakened. FILE FOOT: US dollar banknotes are seen in front of the stock chart shown in this illustration taken February 8, 2021. REUTERS […]

UPDATE 1-Taiwan c.bank strives for “moral persuasion” to slow down exchange rates

(Adds byline) TAIPEI, Jan. 13 (Reuters) – Taiwan’s central bank has asked custodian banks involved in foreign exchange transactions to exercise restraint in trading as it seeks to curb the soaring local currency through “moral persuasion”, four sources with direct knowledge told Reuters. Taiwan’s dollar gain of 5.6% against the greenback […]