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May 10, 2021

CRYPTO

Crypto currency ether rises to new record high

Reuters
by Reuters00
Ether , the world’s second largest crypto currency after Bitcoin , on Thursday rose to a record high of $3,591.65 on the Bitstamp Exchange. Ether was last up about 3.0% at $3,568.92. Bitcoin was down 0.7% at $57,109.40 and about 12% below its record intraday high at $64,895.22 set on......
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Dogecoin rally is a ‘middle finger’ to the financial system, says crypto bull Mike Novogratz

CNBC
by CNBC0103
CNBC – For more and to sign up click here Dogecoin’s massive rally this year can be seen as a kind of “middle finger” to the traditional financial system, longtime crypto bull Mike Novogratz told CNBC on Wednesday. Novogratz spoke after the price of dogecoin surged again early Wednesday. The......
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Crypto bull calls dogecoin a mania and a bubble, says her firm hasn’t touched it

CNBC
by CNBC092
CNBC – For more and to sign up click here The meteoric rise of dogecoin this year is “definitely a mania,” crypto bull Meltem Demirors told CNBC on Monday, saying there’s a reason her digital asset investment firm has stayed away. Dogecoin, which was started as a joke in 2013, became......
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Turkish crypto exchange boss goes missing, reportedly taking $2 billion of investors’ funds with him

CNBC
by CNBC0167
CNBC – For more and to sign up click here A visual representation of the cryptocurrency Bitcoin on November 21, 2020 in London, England. Jordan Mansfield | Getty Images LONDON — A Turkish cryptocurrency exchange is offline and its CEO has reportedly gone missing, leaving thousands of investors worried that......
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Capital Calls: WeWork’s crypto dreams

Reuters
by Reuters00
A representation of virtual currency Bitcoin and U.S. One Dollar banknotes are seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic Concise insights on global finance in the Covid-19 era. ———————————————— RENT NOW, PAY VIRTUALLY. Companies can now pay for their rent at......
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Coinbase’s debut is monumental for the crypto industry, despite volatility: CNBC After Hours

CNBC
by CNBC04
CNBC – For more and to sign up click here CNBC.com’s Pippa Stevens brings you the day’s top business news headlines. On today’s show, Kate Rooney wraps up the watershed moment when Coinbase became a publicly traded company. Plus, Robert Frank explains how the red-hot Florida real estate market ay......
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BlackRock’s Larry Fink says institutional clients fascinated by crypto but not that interested

CNBC
by CNBC0108
CNBC – For more and to sign up click here BlackRock CEO Larry Fink told CNBC on Thursday that the world’s largest money manager has more discussions with its institutional clients on issues around climate change and inflation than it does on cryptocurrencies. “Our broad-based client relationships, we’ve had very little interconnectivity......
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Holders of ‘cult-assets,’ like crypto, are putting pressure on the market, Jim Cramer says

CNBC
by CNBC073
CNBC – For more and to sign up click here CNBC’s Jim Cramer said Wednesday that he’s growing worried as the dearth of sellers in bitcoin and other crypto assets has reached a “messianic” moment. “Right now there are so many cult-assets — Coinbase, cryptocurrencies, meme stocks, non-fungible-tokens — that......
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Coinbase co-founder says this isn’t a market top for crypto

CNBC
by CNBC05
CNBC – For more and to sign up click here Coinbase co-founder Fred Ehrsam told CNBC on Wednesday the cryptocurrency market has not yet reached its apex, even if trading in various digital coins remains choppy going forward. Ehrsam’s comments on “Closing Bell” came shortly after Coinbase went public through......
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Bitcoin has allowed a different kind of investor to build wealth, says crypto strategist

CNBC
by CNBC0128
CNBC – For more and to sign up click here Longtime crypto bull Meltem Demirors said Tuesday that bitcoin‘s ascent has built wealth for a different kind of investor. The comments on CNBC’s “Squawk Box” came one day before a major milestone for the crypto world is scheduled to take......
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Bitcoin above $60,000 again, rises 1.32% to record $60,555.97

Reuters
by Reuters01
A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken March 15, 2021. REUTERS/Dado Ruvic/Illustration (Reuters) – Bitcoin rose 1.32% to a record $60,555.97 on Saturday, breaking above $60,000 for a second time in 10 days. The world’s biggest and best-known cryptocurrency......
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Cryptocurrency market cap hits record $2 trillion; bitcoin’s at $1.1 trillion

Reuters
by Reuters01
FILE PHOTO: Representations of the Ripple, bitcoin, etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo NEW YORK (Reuters) – The cryptocurrency market capitalization hit an all-time peak of $2 trillion on Monday, according to data and......
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Britain will focus crypto rules on stablecoins, minister says

Reuters
by Reuters01
LONDON (Reuters) – Britain will focus first on regulating stablecoins rather than the broader cryptocurrency market, its financial services minister said on Tuesday, citing the threat to competition should any major private effort dominate the emerging field. Facebook Inc’s move in 2019 to introduce its own stablecoin Diem, then known......
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Exclusive: PayPal launches crypto checkout service

Reuters
by Reuters01
LONDON (Reuters) – PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce. Customers who hold bitcoin, ether,......
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Bitcoin jumps to one-week high above $58,000

Reuters
by Reuters01
FILE PHOTO: A collection of bitcoin (virtual currency) tokens are displayed in this picture illustration taken Dec. 8, 2017. REUTERS/Benoit Tessier/File Photo LONDON (Reuters) – Bitcoin jumped to a one-week high on Monday, rising as much as 4.5% to $58,300 and nearing a record high above $61,000 hit earlier this......
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Crypto industry to get first major U.S. stadium with Miami-Dade County approving FTX for Heat home

CNBC
by CNBC010
CNBC – For more and to sign up click here Giannis Antetokounmpo #34 of the Milwaukee Bucks drives to the basket against Bam Adebayo #13 of the Miami Heat during the second half at American Airlines Arena on March 02, 2020 in Miami, Florida. Michael Reaves | Getty Images A......
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