The leading payment processor, PayPal, announced today that it has agreed to purchase the digital asset custody company, Curv. It said that it will complete the acquisition in the first quarter of the year.Rumors Confirmed True As PayPal Acquire CurvReports surfaced last week that PayPal was planning to acquire cryptocurrency security firm, Curv. There were no concrete evidence to buttress the claims, but the leading payment giants have now made it official via a press release today.The...
Read More »With Bitcoin Working to Hit $50K, Crypto Stocks Are Hurting
Not too long ago, Live Bitcoin News reported that as bitcoin surged, so did many stocks that were associated with various digital tokens and mining operations. At the time of writing, it seems like the world’s number one digital currency by market cap has been struggling to move past the $50,000 mark again. It is currently still stuck at $48,000 after several days, and there are quite a few crypto-based stocks that are now suffering because of it. The Bitcoin Price...
Read More »PayPal confirme l’acquisition prochaine de Curv
Dans un communiqué publié aujourd’hui, PayPal confirme sa volonté d’acquérir Curv, société spécialisée dans la conservation de cryptomonnaies. L’acquisition sera finalisée au cours du premier semestre 2021. « L’acquisition de Curv fait s’inscrit dans notre politique d’investissement dans le talent et les technologies permettant de réaliser notre vision d’un système financier plus inclusif. Au...
Read More »MicroStrategy Bought More BTC, but the Price Stayed the Same
News has emerged that MicroStrategy has purchased even more bitcoin units. This would have otherwise been big news, but unfortunately, this little maneuver on the company’s part failed to make any sort of headway in the crypto space, and bitcoin is still trading for $48,000, which is where it’s been over the past few days. MicroStrategy Has Purchased More Bitcoins What does this mean, exactly? There are a few arguments one can make about this situation, the first being...
Read More »Another One: Galaxy Digital and CI GAM to Launch a Bitcoin ETF in Canada Tomorrow
Yet another Bitcoin ETF is to reach the markets in Canada as the country’s securities regulator has issued “a receipt for the final prospectus” for CI Global Asset Management’s application. Dubbed CI Galaxy Bitcoin ETF (BTCX), it’s expected to launch on the Toronto Stock Exchange (TSX) on March 9th, and Mike Novogratz’ Galaxy Digital Capital Management will act as the sub-advisor. Founded in 1965, CI Global Asset Management is an asset manager with over $180 billion in AUM as of January 2021....
Read More »Norwegian Oil Mogul Sets Up $58 Million Entity to Buy Bitcoin
The institutional bitcoin frenzy continues to spread like an epidemic. After several United States mega corporations added the digital currency to their balance sheet, the floodgates have been opened to major institutions across the world. Norwegian holding company Aker ASA said today that it will establish a new unit dedicated to bitcoin investment and the digital asset’s underlying technology.Miss Out? “No Way”!Asian smartphone giants, Meitu yesterday joined the league of institutional...
Read More »SecuX – Secure Multiple Currencies, Cross-Platform Crypto Hardware Wallets
The cryptocurrency market continues to flourish, and everyone wants to get a piece of it. As people continue to buy into the digital currency space, SecuX is creating products that allow them to safeguard their crypto assets and use them as a mode of payment whenever necessary. A Taiwanese Blockchain Security Company, SecuX Technology Inc is an emerging state-of-the-art cryptocurrency hardware wallet and payment solutions provider. Around since 2018, SecuX’s products...
Read More »Stellar Lumen (XLM) Price Signaling Fresh Rally Towards $0.47
Stellar lumen price is likely forming a base above the $0.3800 support zone against the US Dollar. XLM price is now consolidating near $0.4100 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.4120 on the 4-hours chart (data feed via Kraken). The pair could start a strong increase as long as it is above the $0.3800 support zone. Stellar lumen price is showing a few positive signs above $0.3800 against...
Read More »Mike Novogratz: Mark Cuban Shouldn’t Accept Doge
In recent news, it was announced that Mark Cuban – the billionaire owner of the Dallas Mavericks basketball team – will allow Dogecoin to be utilized for purchasing tickets and merchandise related to the team. Many analysts and industry experts see this as a positive move, but Mike Novogratz – a billionaire investor and former hedge fund manager – is less than pleased about the idea. Mike Novogratz Is Against Dogecoin Cuban has never really taken bitcoin or crypto...
Read More »India’s Crypto Ban Uncertain as Finance Minister Touts a Window for Experiments
India’s Finance Minister told CNBC that the country’s reserve bank is not shutting out cryptocurrencies entirely. She said that while the Reserve Bank of India will decide which unofficial cryptocurrencies will be used and regulated, there will be “a window for experiments” in the industry.New Lease Of Life For Bitcoin In IndiaIndia’s minister of finance, Nirmala Sitharaman, spoke briefly on the country’s standpoint on digital assets in a CNBC virtual townhall. She said that several...
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