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Author: Michael Bellusci
Coinbase Expands Features, Allowing Some App Users to Access Ethereum-Based Dapps
Coinbase app users will be able to purchase NFTs across different platforms along with trade on decentralized exchanges. Author: Michael Bellusci Source link
Block’s Stock Would Shine if It Not for its Association With Bitcoin, Mizuho Says
Block (SQ), the payments company formerly called Square, should try to play down its association with bitcoin because the link is holding back its stock, which would otherwise benefit from the company’s improving business fundamentals, Mizuho equity research analyst Dan Dolev wrote in a note to clients. Author: Michael Bellusci Source link
Canada’s WonderFi Bulks Up Further With Planned $31M Acquisition of Coinberry Crypto Exchange
“It’s really another stream to acquire users,” Samaroo said of the Sun Machine deal, noting its potential to reach users that aren’t focused on crypto trading. In turn, those gamers can earn NFTs and claim them through WonderFi’s combined platforms. Author: Michael Bellusci Source link
Former Citi Digital Asset Execs Launch Crypto-Focused Fund
For an income-focused strategy, Motus sees a “mismatch” between funding digital assets versus traditional finance. “Global banks have so much cash they pay zero or less for deposits. Meanwhile, the stablecoin market cap has quintupled since 2021, and investors still command high-single to double-digit returns for dollars or dollar-pegged assets.” Thus, an opportunity presents itself, Cavallo saodd. Author: Michael Bellusci Source link
BitPay Merchants to Get a Boost From Lightning Network Payment Integration
The crypto payments provider on Wednesday announced immediate support for Bitcoin Lightning Network payments. Author: Michael Bellusci Source link
Galaxy’s Novogratz and Bakkt’s Michael Differ on Bitcoin’s Case as Digital Gold
The narrative around Bitcoin being digital gold is beginning to “hinder” the cryptocurrency industry, said Gavin Michael, CEO of crypto exchange Bakkt (BKKT), while Galaxy Digital (GLXY.TO) CEO Mike Novogratz disagreed, calling Bitcoin “ready for primetime.” Author: Michael Bellusci Source link
Visa’s Crypto Product Lead Leaves for Payments Startup
Daniel Mottice had served in the position since last May before co-founding a payments and infrastructure company called Ansible Labs, he said on Twitter. Author: Michael Bellusci Source link
SEC Delays Spot Bitcoin ETF Offerings From WisdomTree and One River
The move continues a pattern by the U.S. securities regulator of denying or not taking action on all spot bitcoin ETF applications. Author: Michael Bellusci Source link
Fund Manager Jim Chanos Says He’s Shorting Coinbase
The founder of Kynikos Associates called the crypto exchange a “bubble stock” in a CNBC interview. Author: Michael Bellusci Source link