Bitcoin, cryptocurrencies see explosive growth as mediums of exchange in Q1 2021
Kitco News’ general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices
Cryptocurrencies
WeWork to Begin Accepting Payments in Cryptocurrencies
WeWork said it would begin accepting payments in select cryptocurrencies and partner with Coinbase and payment app BitPay for transactions in cryptocurrencies.
Venmo adds ability to buy and sell bitcoin and other cryptocurrencies
PayPal-owned Venmo has added to ability for app users to buy, hold, and sell bitcoins and other cryptocurrencies directly on the app.
Venmo adds support for buying, holding and selling cryptocurrencies – TechCrunch
Venmo is adding support for cryptocurrency, starting today. The company says it will begin to roll out the ability for Venmo’s more than 70 million users to buy, hold and sell cryptocurrencies directly in the app, similar to the support Venmo parent company PayPal added late last year. Initially, Venmo will support four types of […]
Why banning cryptocurrencies is bad
While the government is busy looking to shut down the ‘internet’s currency’, analysts say its pros outweigh the cons
Bitcoin (BTC) Dips to $60k as Turkey Bans Crypto as a Form of Payment
Before news broke of Turkey banning the use of cryptocurrency as a form of payment, Bitcoin was comfortable consolidating at the $63k support zone. At the
Powell calls cryptocurrencies ‘vehicles for speculation’
Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019.Sarah Silbiger | ReutersCryptocurrencies are largely for making bets on price increases and haven’t reached the status of payment mechanisms, Federal Reserve Chairman Jerome Powell said Wednesday.”They’re really vehicles for speculation,” the…
What Did the Stock Market Do Today? 3 Big Stories to Catch Up On.
So what did the stock market do today? Dogecoin prices and other cryptocurrencies stole the show, and CRISPR stocks sold off.
Turkey Bans Crypto Payments Citing Risks, Hits Bitcoin Price
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