Tag Archives: United States

Washington-based real estate firm – Harbor Custom Development, Inc. – will reportedly start accepting digital currencies as payment for its residential homes, apartments, condominiums, and other properties as of January 24th. Crypto Making its Way in the Retail Estate Industry According to a recent coverage, Harbor Custom Development, Inc. (Nasdaq ticker: HCDI) will embrace numerous digital assets as a means of settlement. Some of the assets include Bitcoin (BTC), Ethereum...

The first week of 2022 is starting off rather dramatically for Bitcoin and the rest of the cryptocurrency market, the total capitalization of which is down about $240 billion in seven days. This comes as the US Federal Reserve revealed plans to start reducing its balance sheet, which may start as soon as the next several months. It’s safe to say that the Bitcoin price has seen better days. Down about 12.5% since this time last week, BTC currently trades at around $41,400. For...

The Commodity Futures Trading Commission (CFTC) ordered Polymarket – a decentralized platform that allows users to bet on the outcome of current events – to pay a $1.4 million civil monetary penalty. The agency claimed that the company did not seek a Designated Contract Market (DCM) or Swap Execution Facility (SEF) registration. CFTC on the Hunt Again According to an announcement by the government agency, Polymarket must also “wind down” all markets displayed on its website...

FTX US, the United States division of global cryptocurrency exchange, FTX.com, revealed today that its customers will soon be able to access crypto derivatives and non-fungible token (NFT) services on the platform. According to Brett Harrison, the president of FTX US, the exchange is building a self-hosted wallet that will support FTX NFTs and NFT gaming. The crypto exchange is also looking to offer tokenized stock trading to US customers. – derivatives for US customers–...

Reflecting on the past year, 2021 has been great for Bitcoin and the cryptocurrency market. It even saw the birth of two BTC futures ETFs in the States, but with just a week remaining until the end of it, American investors might not see spot one. SEC in no Mood for Spot Bitcoin ETFs According to the official document, the SEC rejected physically-backed Bitcoin ETFs proposed by Valkyrie and Kryptoin. The regulator cited similar market manipulation concerns while referring to...

Crypto.com isn’t stopping in its ambitions to expand inside the United States and has decided to close the year with a major publicity stunt. The third-largest exchange in the ecosystem, according to Coingecko data, will have a privileged space on all US TV screens in two months, after having purchased an advertising space in the renowned Super Bowl – the country’s most important American football competition – to be held in February 2022. For the sake of perspective, the...

Kraken is stepping up its crypto game. After a successful year, the U.S. exchange decided to close 2021 with the acquisition of Staked, thus expanding its token staking capabilities and generally improving the quality of its services. Staked is a non-custodial crypto staking platform, which facilitates the secure storage of assets while providing attractive yield options for investors. An Acquisition That Makes Sense According to a P.R. shared by the Kraken team, the exchange...

New Jersey-based Manasquan Bank will participate in Bakkt Holdings’ early adopter program. When effective, it will enable customers of the financial institution to buy, sell, and hold cryptocurrencies. Bakkt Inks Another Partnership According to a recent press release, Bakkt’s project is anticipated to launch in Q2 2022. Initially, the platform will provide an entry point to adopt cryptocurrencies only to retail clients of Manasquan Bank. When the early adopter program gets...

Flori Marquez – Co-Founder of the cryptocurrency custodian BlockFi – expects FOMO to be the main factor, which will drive digital asset adoption in the next year. She concluded that the other two elements will be the talent shifting from traditional industries to the crypto sector and regulatory clarity. FOMO Will Be a ‘Huge Driver’ In a recent interview for Yahoo Finance, Flori Marquez – Co-Founder at BlockFi and Senior Vice President of Operations – opined that the digital...

This year, Radioshack, the legendary seller of electronic components and specialized hardware, turned 100 years old, and what better way to celebrate its longevity than to change its line of business to fully embrace the world of cryptocurrencies with the launch of a DeFi protocol and an NFT collection. In a move that left a good portion of assiduous Crypto Twitter users scratching their heads, the company changed its Bio and website to promote its new vision of launching and...