The host of CNBC’s “Mad Money” show, Jim Cramer, has recommended putting up to 5% of portfolios in cryptocurrency. Stating that he owns ethereum directly, Cramer affirmed that he is a believer in crypto. Jim Cramer’s Crypto Allocation Advice Mad Money host Jim Cramer shared his view on cryptocurrency investing Wednesday during his show’s “lighting…
PayPal is Providing a Cryptocurrency Trading Feature for The U.K Customers
PayPal users with verified identities will soon be able to trade cryptocurrencies. A Cryptocurrency trading feature for UK customers. Crypto transactions for its business account, on the other hand, are not currently supported. Residents of the United Kingdom will be able to buy, hold, and sell cryptos via PayPal starting this week. This is a…
There are Three Reasons Why The Price of XRP Could Double in a Few Of Days
The price of XRP is currently trading within an ascending parallel channel, indicating that a bullish move is imminent. On a smaller time frame, Ripple is forming a bullish pennant, which might lead to a 47 percent gain. Constant growth in daily active addresses implies that people are becoming more interested, which supports a positive…
XMR Developer Announces Bitcoin to Monero Atomic Swap Capabilities
For quite some time, trustless, cross-chain trades called atomic swaps have been a holy grail of sorts and a number of blockchain developers have worked on making them a reality. According to the developers from the Monero project, atomic swaps between bitcoin and monero are now accessible via the COMIT team’s asb software. Cross-Chain Swapping…
Citigroup Files to Trade Bitcoin Futures, Says Clients Are ‘Increasingly Interested’ in Cryptocurrency
Citigroup is reportedly awaiting regulatory approval to start offering bitcoin futures trading to its clients. “We are presently considering products such as futures for some of our institutional clients, as these operate under strong regulatory frameworks,” said Citigroup. Citigroup Awaits Regulatory Approval to Trade Bitcoin Futures Citigroup Inc. is reportedly considering whether to offer its…
US Treasury Assures Crypto Requirements in Infrastructure Bill Won’t Target Non-Brokers Even Without Amendment
Despite the broad definition of a broker in the $1.2 trillion infrastructure bill, an official of the U.S. Treasury Department says that non-brokers will not be targeted even if the bill is not amended. The official added that crypto advocates’ fears are unwarranted. Treasury Official Says Non-Brokers Will Not Be Targeted The U.S. Department of…