PYMNTS-MonitorEdge-May-2024

Quick Takes

Bitcoin Drops Under $50,000 As Crypto Takes $260 Billion Dive
Bitcoin Drops Under $50,000 As Crypto Takes $260 Billion Dive
April 23, 2021  |  Bitcoin

The cryptocurrency market took a $260 billion dive on Friday (April 23), with bitcoin trading below $50,000 for the first time in weeks and other...

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Stimulus Checks Lift March Retail Sales By Almost 10 Pct
Stimulus Checks Lift March Retail Sales By Almost 10 Pct
April 15, 2021  |  Retail

In a pushback to the adage that things rarely go as planned, the federal government’s third round of stimulus checks, which were issued last month...

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Stimulus-Fueled Crypto Surge Fails To Materialize
Stimulus-Fueled Crypto Surge Fails To Materialize
March 25, 2021  |  Cryptocurrency

So far, the new $1,400 stimulus checks from the President Joe Biden administration haven’t seemed to be used for bitcoin purchases as much as cryptocurrency...

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Stripe Valued At $95 Billion After New $600 Million Funding Round
Stripe Valued At $95 Billion After New $600 Million Funding Round
March 14, 2021  |  Investments

Stripe, with its new $95 billion valuation after a recent deal with investors, is now the most valuable private company in Silicon Valley, according to...

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Trade Group Forms To Promote FinTech Development, Regs
Trade Group Forms To Promote FinTech Development, Regs
March 10, 2021  |  Regulation

A new trade group formed by FinTech leaders called the Financial Technology Association (FTA) launched Wednesday (March 10), according to a press release. Afterpay is...

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WandaVision Helps Put Disney+ Over 100 Million Subscribers
WandaVision Helps Put Disney+ Over 100 Million Subscribers
March 10, 2021  |  Subscriptions

Disney+, the Disney-owned movie and TV streaming service, has surpassed 100 million subscribers as of Tuesday (March 9), CNBC writes, just 16 months since its...

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Goldman Analysts: 4.1 Pct Unemployment Reachable By Year’s End
Goldman Analysts: 4.1 Pct Unemployment Reachable By Year’s End
March 08, 2021  |  Economy

The country is tracking for a decline in the 6.2 percent unemployment rate to 4.1 percent by the end of 2021, Bloomberg reported on Monday (March...

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PayPal Finalizes Deal To Acquire Crypto Security Startup Curv
PayPal Finalizes Deal To Acquire Crypto Security Startup Curv
March 08, 2021  |  Partnerships / Acquisitions

PayPal is in the midst of moving forward with its acquisition deal of the cryptocurrency security storage startup Curv, according to a press release on Monday...

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Citi Report: Bitcoin Could Become The Main Global Digital Currency
Citi Report: Bitcoin Could Become The Main Global Digital Currency
March 01, 2021  |  Cryptocurrency

A new Citi report indicates that bitcoin is at a “tipping point” and could become the “currency of choice” for global trade, CNBC reported on Monday (March...

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