Still wobbling from the FTX crypto crash, 2023’s cryptocurrency outlook is much shakier than 2022’s. This time last year, cryptocurrencies were poised — and priced — to take over the world. As macro headwinds buffet consumers and over-leveraged implosions pockmark the sector landscape, industry observers openly doubt whether crypto...
Mastercard moved into the business of providing the backend tools and support to let financial institutions offer retail customers white-label cryptocurrency trading and custody services earlier this month, it did so for a very simple reason: Consumers want it. In a recent survey, the card...
Bitcoin’s been on a roller coaster this week, bouncing above and below $20,000, a price that is a line in the sand for the first and biggest cryptocurrency. It’s a psychological barrier rather than one that has intrinsic importance; $ 20,000 was the line bitcoin...
The crypto market is creating victims of many small-scale investors as values keep falling in the aftermath of a severe downturn last week, Reuters reported Tuesday (May 17). The crypto market has been slumping as investors pull money from riskier assets, due to worries about...
October 25, 2022
Mastercard moved into the business of providing the backend tools and support to let financial institutions offer retail customers white-label cryptocurrency trading and custody services earlier this month, it did so for a very simple reason: Consumers want it. In a recent survey, the card payments giant found that 60% of consumers were interested in […]
November 15, 2023
Coinbase, among the chief investors in the cryptocurrency sector, has reportedly reduced its startup funding. This pullback is part of a larger decline in investments at crypto firms, many of whom have their own venture capital (VC) operations, Bloomberg News reported Wednesday (Nov. 15). And although crypto venture funding dropped to $2 billion during the third […]
May 18, 2022
The crypto market is creating victims of many small-scale investors as values keep falling in the aftermath of a severe downturn last week, Reuters reported Tuesday (May 17). The crypto...