Coinbase published the company’s shareholder letter on Tuesday which detailed it made over $2 billion in net revenue during the second quarter. The firm said “Q2 was a strong quarter” for Coinbase as it saw both “growth and diversification” this year. While netting in $2 billion, Coinbase said it has 68 million verified users and…
Personal Finance Guru Advises Dollar-Cost-Averaging Into Bitcoin
Personal finance guru Suze Orman says she recommends dollar cost averaging into bitcoin. She sees several upsides to the cryptocurrency, noting that it could “turn into a payment structure.” Personal Finance Guru Bullish About Bitcoin, Advises Dollar Cost Averaging Into the Crypto Personal finance guru and best-selling author Suze Orman has shared her view of…
The Tron Foundation has established a $300 million fund to invest in and incubate GameFi projects
The Tron Foundation has put $300 million into the Tron Arcade fund to encourage the creation of GameFi games that allow users to earn cryptocurrency while playing. The fund, which was established in collaboration with APENFT and WINKLINK, will help to develop and implement these projects over the next three years. However, this step will…
Report: Nigeria’s Digital Currency to Be Designated ‘Critical National Infrastructure’
According to a report, the Central Bank of Nigeria (CBN) is planning to have its proposed digital currency designated “critical national infrastructure” in order to protect it from operational and cyber-security risks. In addition, the CBN will also apply regulatory and compliance mechanisms to prevent what it calls “disruptive competition for electronic money.” Cost Versus…
Circle Intends to Become a Full-Reserve National Commercial Bank
Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties to the company equal to those of other mainstream banks: having to report to the Federal Reserve, U.S. Treasury, OCC, and the FDIC. However, it would also put the company…
Daily Crypto News- Cryptocurrency mining under proposed US policy changes
Cardano price is hot, but data shows pro investors haven’t warmed up yet ADA has gained 57% in the past 3 weeks but derivatives data shows pro investors aren’t bullish yet. Cardano (ADA) has been in the spotlight lately and this is partly because of its early 2021 price performance and the fact that it’s…