You want to open a crypto exchange account. After some googles, you notice that Binance is pretty good (In fact, Binance is the biggest crypto exchange in the world by trading volume), and wonder if you should just buy-and-hold bitcoin.
Tether is the most valuable stablecoin by market value. It is a leading household name in the fast-changing crypto market.
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The stake is worth $2.1 billion at current prices, though the person or entity has not been identified. A dogecoin “whale” owns 28% of the meme-based token, according to a report from the Wall Street Journal.
Sterling hit its highest level against the dollar since April 2018 and traded just below eight-month highs against the euro on Tuesday, with analysts citing Britain’s lead in COVID-19 vaccinations as a positive for the currency. The pound hit $1.3788 against the dollar in early London deals, its highest level against the greenback since Apr. 30, 2018. Against the euro, it traded down 0.15% at 87.80 pence by 0902 GMT.
Amazon.com’s new chief executive, Andy Jassy, who joined the company in 1997 and has overseen its fast-growing cloud computing business, says the key to long-term success is reinvention.
Visa’s Chief Executive Officer, Al Kelly, recently disclosed that in order to make Bitcoin and other crypto-assets safer, useful, and applicable, Visa might add them to the company’s payments network. During Visa’s fiscal first-quarter 2021 earnings call, the CEO of Visa described crypto assets like bitcoin as “digital gold” which are “not used as a form of payment in a significant way at this point.” “Our strategy here is to work with wallets and exchanges to enable users to purchase these currencies using their Visa credentials or to cash out…
The prevailing high volatility at the crypto market led to heavy losses of crypto investors’ funds at the wrong side of the present trade, when roughly $1.6 billion worth of crypto positions evaporated into thin air within a day.
Naira depreciated against the U.S dollar at the Investors & Exporters (I&E) window of the foreign exchange market on Thursday, data posted on the FMDQ Security Exchange webpage where currencies are officially traded showed. The local unit closed at N394.33 at the Thursday trading session, representing N0.08 or 0.02 per cent decrease from N394.25, the rate at which it closed at the previous session.
The most powerful British monetary policymaker, Andrew Bailey, is not of the bias that the current generation of digital assets has the structure needed to ensure long-term regulatory survival.