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Crypto Market Tops $1 Trillion As Bitcoin Smashes Records

PYMNTS

Bitcoin hit more than $37,700, a new record high that helped drive the cryptocurrency market beyond $1 trillion, CNBC reported on Thursday (Jan. Since the start of 2021, the cryptocurrency market is up 29 percent, and in the past 12 months, it is more than 380 percent higher. At about 2:42 p.m.

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Square Lands Hard On Cryptocurrency

PYMNTS

5) was its prowess in cryptocurrency. Cash App users can purchase and sell bitcoin; they can also make cryptocurrency transfers to other wallets. Square has been a supporter of cryptocurrency, which generated $65.5 The revenue and profit from cryptocurrency did not count toward the company’s earnings, which showed $1.92

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Beyond Bitcoin: Mainstream Acceptance Sparks Push For Everyday Cryptocurrency

PYMNTS

But step beyond bitcoin and enter the world of cryptocurrencies approaching mainstream acceptance. They may have their own cryptocurrency, they may have their own solution, be it healthcare, rewards or rebates, or other opportunities. And they really are ready to go to market.”. Bitcoin gets all the headlines.

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Visa Doesn’t View Cryptocurrency As A Business Threat

PYMNTS

Visa’s chief executive officer Al Kelly doesn’t think cryptocurrencies are a threat to its business and is ready to implement systems that support it if it becomes more mainstream. But right now, it’s more of a commodity than a payment vehicle.”. You know, guys like the limo driver to the airport.

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Promethium Subsidiary Receives First FINRA-Approved Digital Asset Custodianship

Perficient

The approval allows Promethium to custody digital asset securities on behalf of both retail and institutional clients. First, as digital asset securities, should the SEC classify digital assets such as cryptocurrencies and NFT as securities rather than derivatives, Promethium will be well positioned to offer the related custody services.

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Cryptocurrency Exchange BitFlyer Seeks to Connect World’s Largest Bitcoin Investors

Bank Innovation

cryptocurrency exchange bitFlyer wants to bridge the trading gap between two of the world’s largest bitcoin markets. Japan is the largest bitcoin trading market in the world, about 50% of it happens in there; the U.S. is the second biggest market,” Bartek Ringwelski, chief operating officer […].

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Centralising Cryptocurrencies – An Introduction to CBDC for India!

BankBazaar

Over the past few years, the sharp rise of cryptocurrencies has attracted investors from all over the world who want to diversify their portfolios and earn high returns. However, the impact of higher interest rates in the past year has impacted the cryptocurrency market, leading to a significant sell-off. In Conclusion .