Financial Industry News
Retail trading app Robinhood has appointed Christine Brown as the chief operating officer of its crypto division. The company announced the appointment a statement on its website on Thursday. Brown, who is the current vice president of operations at Robinhood Markets, will now also oversee Robinhood Crypto following the appointment. Commenting on her new role, […]
Continue ReadingHere at Bicoinist, we’re covering the Binance Smart Chain’s growth as it happens. They might be the world’s biggest cryptocurrency exchange, but we’re still in awe of what Binance built seemingly overnight. And about the contributions they’ve made to the DeFi space in such a short period of time. But, can the Binance Smart Chain […]
Continue ReadingCrypto gaming innovators, Bitcasino, have launched one of their biggest giveaways to date and will reward 3 lucky players with a Tesla Model 3. To be in with the chance of winning, players of the new game, Live Crash, must reach the moon with the highest multiplier in a series of tournaments that are running […]
Continue ReadingReferring to the capital gains tax proposal that will see top earners pay as much as 43.4%, as well as other political shenanigans, IOG CEO Charles Hoskinson said: “a lot of depressing sh*t coming down the pipe there that really p*sses me off. It’s just an endless river that one. Why do we pay taxes […]
Continue ReadingBitcoin (BTC) is expected to dip as low as $32,500 in the short term after several crucial support levels faded to nothing on April 23. BTC/USD hit lows not seen since early March on Friday, as analysts line up their prognoses — and buy orders — in the latest Bitcoin price correction. Brandt plans to […]
Continue ReadingDespite the hype over cryptocurrencies in the last years, crypto assets still have a lower market cap than other fiat currencies – $2 trillion, according to CNBC.com. And just the USD alone has a market cap of $30 trillion. Why is this happening? If we look at how crypto transactions work, we will see that […]
Continue ReadingThe city government of South Korea’s capital Seoul has announced the seizure of cryptocurrencies worth 25 billion won ($22 million) from individuals and company heads. According to a report by The Korea Times, the confiscated crypto came from people identified as tax delinquents by the city’s tax collection agency. As part of the investigation, the […]
Continue ReadingDecentralized Finance (DeFi) industry is maturing over time with new innovations and new products hitting the markets. Newcomers are learning from the mistakes of old players by fine-tuning their applications with better security and new features. What still lacks is the accessibility to common man, non-crypto users. For them, managing different pools, swapping tokens etc. […]
Continue ReadingCoinbase announced on Thursday that its Pro trading platform will add stablecoin Tether (USDT). Coinbase Pro will list ERC-20 based USDT over Tether’s in-house Tron network (TRC-20) as early as next week. Tether is a stablecoin available across several blockchains that is pegged to the US dollar. For USDT, the company behind the protocol is […]
Continue ReadingSign up and get a free $30 coupon and a $5 bonus with Nhash Cloud Mining services Bitcoin is regarded as the leading cryptocurrency and is seen by many as the most profitable. Many companies have begun accumulating bitcoin, with Tesla recently purchasing vast amounts of bitcoins. Making a profit with Bitcoin is not as […]
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