Robinhood suspends 24-hour trades for 8 hours

Bank charter approvals have fallen since 2008, but crypto companies see opportunity under the welcoming new administration. Cryptocurrency and fintech companies are increasingly seeking bank charters in an attempt to grow their businesses under the Trump administration, according to a report from Reuters, which talked to more than half a dozen industry executives. The moves

Intercontinental Exchange has sold its 1.4% stake in Coinbase to reduce the company’s debt. 2411 Total views 20 Total shares Intercontinental Exchange, the operator of the New York Stock Exchange and the owner of Bakkt digital asset platform, has sold its 1.4% stake in the newly Nasdaq-listed cryptocurrency firm Coinbase.Announcing the news Thursday on a…

Altcoins have risen to a three-year dominance high after tagging a record combined capitalization of nearly $1.5 trillion last week. 11684 Total views 44 Total shares While Bitcoin tumbles in response to Elon Musk’s Twitter account yet again, altcoin dominance has surged to its highest level in roughly three years.As of this writing, Bitcoin represents…

Bitcoin (BTC) continued beating out any competition on March 7, turning $9,000 into solid support while coronavirus ravaged stocks and forex alike.Cryptocurrency market daily overview. Source: Coin360BTC price makes solid support out of $9,000Data from Coin360 and Cointelegraph Markets showed BTC/USD trading above the $9,000 mark for a third day on Saturday. At press time, the…

FinCEN digital currency advisor, Michele Korver, believes cryptocurrency is a natural evolution in financial technology. 265 Total views 74 Total shares Michele Korver, the first-ever chief digital currency advisor for the Financial Crimes Enforcement Network’s (FinCEN), believes crypto assets are just another way of transferring value.Speaking to Law360 on July 29, the newly appointed Korver…

Roughly three-quarters of the 18.6 million BTC mined to date is not up for sale or even moving anywhere, Glassnode calculates. 2304 Total views 10 Total shares Bitcoin (BTC) investors are quickly storing most of the available coins away and they are not for sale, new data at the start of 2021 reveals.Statistics from on-chain…