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Market News

Goldman Sachs Analyzes Ethereum, Says Second-Largest Crypto Asset May Pose Serious Challenge to Bitcoin

  • Post author:Auto News Feed
  • Post published:July 8, 2021
  • Post category:Market News

Goldman Sachs says that Ethereum (ETH) could replace Bitcoin (BTC) as the dominant digital store of value. In a new note to clients, the financial giant says that while BTC…

Continue ReadingGoldman Sachs Analyzes Ethereum, Says Second-Largest Crypto Asset May Pose Serious Challenge to Bitcoin
Read more about the article Ethereum-Based Metaverse The Sandbox Enlists ‘The Walking Dead’

Ethereum-Based Metaverse The Sandbox Enlists ‘The Walking Dead’

  • Post author:Auto News Feed
  • Post published:July 8, 2021
  • Post category:Market News

The Sandbox, an upcoming Ethereum-based online metaverse game, has already signed a diverse array of pop culture brands and properties for the shared gaming environment, including The Smurfs, electronic musician…

Continue ReadingEthereum-Based Metaverse The Sandbox Enlists ‘The Walking Dead’
Read more about the article Argentine Congressman Proposes Crypto Salary Bill

Argentine Congressman Proposes Crypto Salary Bill

  • Post author:Auto News Feed
  • Post published:July 8, 2021
  • Post category:Market News

Argentine Congressman José Luis Ramón has proposed a bill that would allow businesses to pay their employees in cryptocurrency. “Argentines can strengthen their autonomy and preserve the purchasing power of…

Continue ReadingArgentine Congressman Proposes Crypto Salary Bill
Read more about the article USD Coin Backer Circle Set To Go Public With $4.5 Billion SPAC Deal

USD Coin Backer Circle Set To Go Public With $4.5 Billion SPAC Deal

  • Post author:Auto News Feed
  • Post published:July 8, 2021
  • Post category:Market News

Circle, the company behind the USD Coin stablecoin (USDC) has announced that it will go public through a deal with special purpose acquisition corporation (SPAC) Concord Acquisition Corp. Via the…

Continue ReadingUSD Coin Backer Circle Set To Go Public With $4.5 Billion SPAC Deal
Read more about the article SEC Delays SkyBridge Capital Bitcoin ETF Decision Until August

SEC Delays SkyBridge Capital Bitcoin ETF Decision Until August

  • Post author:Auto News Feed
  • Post published:July 8, 2021
  • Post category:Market News

The U.S. Securities and Exchange Commission (SEC) has once again delayed making a decision on a Bitcoin ETF (exchange-traded fund)–this time, it's a filing by Anthony Scaramucci’s SkyBridge Capital which…

Continue ReadingSEC Delays SkyBridge Capital Bitcoin ETF Decision Until August
Read more about the article Meitu Facing Impairment Loss Of Over $17 Million on Bitcoin Investment

Meitu Facing Impairment Loss Of Over $17 Million on Bitcoin Investment

  • Post author:Auto News Feed
  • Post published:July 8, 2021
  • Post category:Market News

Hong Kong-based software company Meitu bought 941 Bitcoin and 31,000 Ethereum this March and April to the collective tune of $100 million. By the end of Q2, however, the price…

Continue ReadingMeitu Facing Impairment Loss Of Over $17 Million on Bitcoin Investment
Read more about the article Bitcoin, Ethereum and Dogecoin Prices Slump Overnight

Bitcoin, Ethereum and Dogecoin Prices Slump Overnight

  • Post author:Auto News Feed
  • Post published:July 8, 2021
  • Post category:Market News

Almost all largest cryptocurrencies from the top 10 broke out of their long-drawn price corridors today—but not in the direction their holders were probably hoping. At the time of writing,…

Continue ReadingBitcoin, Ethereum and Dogecoin Prices Slump Overnight
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