Cassill to be paid in cryptocurrency in deal with Voyager
CHARLOTTE, N.C. (AP) — Landon Cassill will be the first NASCAR driver paid entirely in cryptocurrency in a sponsorship deal with Voyager that begins at Nashville Superspeedway this weekend. Voyager, a cryptocurrency brokerage platform, reached a 19-race deal to sponsor Cassill in the Xfinity Series in his JD Motorsports entry. Voyager will pay the funds […]
Shiba Inu, Chiliz, Keep Network Soar After Being Added to Coinbase Pro
Coinbase added SHIB little more than a month after that coin’s creation, in marked contrast to its addition of dogecoin. The price of the tokens behind dogecoin rival Shiba Inu, fan token platform Chiliz and Keep Network, a platform that aims to bridge public blockchains and private data, are soaring after leading crypto exchange Coinbase announced it is adding […]
State Street Bank Launches Cryptocurrency Division
State Street says it plans to evolve into a “multi-asset platform” to support cryptocurrency trading and more. State Street, a U.S. custody bank that oversees about $40 trillion in assets, has launched a cryptocurrency division. The new unit, State Street Digital, will be led by executive vice president Nadine Chakar, who will report to Lou […]
Nasdaq-Listed Victory Capital Plans Entry Into Crypto
The Texas-based firm will offer private funds for accredited U.S. investors in partnership with Hashdex. Victory Capital is planning to enter the crypto market through a private fund for accredited investors that will track the Nasdaq Crypto Index (NCI). The Texas-based company (NADAQ: VCTR) also plans to launch private funds tracking the Nasdaq Bitcoin Reference […]
Interactive Brokers to Offer Crypto Trading in Coming Months
Interactive Brokers Group Inc. is stepping deeper into cryptocurrencies with a plan to offer trading services. “Customers certainly are asking for it, and we expect to be ready to offer it to them by the end of the summer,” Chairman Thomas Peterffy said Wednesday at Piper Sandler Cos.’s global exchange and fintech conference. Interactive Brokers joins […]
Bitcoin Peeps Above $38K on Basel News
The top cryptocurrency hit a high of $38,461 during the European hours, extending Wednesday’s double-digit rally. Bitcoin hit highs above $38,000 on Thursday after the Basel Committee’s proposal gave banks a green light to hold the leading cryptocurrency and other digital assets. The top cryptocurrency hit a high of $38,461 during the European hours, extending […]
Bitcoin Struggles Below $40K; Upside Limited as Trend Weakens
Bitcoin (BTC) failed to sustain moves above $39,000 last week, which was followed by a series of lower price highs. There is strong resistance around $37,600 which could limit upside this week. At press time, the largest cryptocurrency was changing hands around $36,500. While the long-term uptrend remains intact, slowing momentum and tighter trading ranges […]
Coinbase Lists Dogecoin on Professional Trading Platform
The exchange typically adds cryptocurrencies to its retail platform a few weeks after first listing on the professional version. Coinbase’s professional trading platform is adding the meme-inspired cryptocurrency dogecoin (DOGE, +31.72%), the exchange announced Tuesday. Coinbase Pro said in a blog post that users could transfer DOGE into their professional trading accounts, with trading expected to launch on Thursday […]
Billionaire Carl Icahn Eyes Potential $1.5B Crypto Investment
The activist investor said cryptocurrency would endure but not necessarily all the current digital. U.S. billionaire and one-time cryptocurrency skeptic Carl Icahn is contemplating a potential $1.5 billion investment in digital currencies. The activist investor said he’s looking at investing in crypto in “a relatively big way,” clarifying that “big” could mean “a billion dollars, […]
Bitcoin Rises Above $40K as Mining Council Plans to Address Environment Concerns
Bitcoin’s recovery gathered steam on Wednesday with prices topping $40,000 to hit the highest level in nearly a week. The leading cryptocurrency by market value rose to $40,800 during the early European trading, a level last seen on May 21. Prices hit lows near $31,000 on May 23 and have been rising ever since. At […]