Music’s Potential Cryptocurrency Boom: A Field Guide

In a huge labyrinthine ecosystem of labels, publishers, distributors, and royalty collectors, the idea of artists getting paid quickly may sound like a revolutionary concept. What if it wasn’t? What if the music industry’s hundreds of thousands of artists — who are especially cash-strapped when they can’t tour, like right now in the Covid-19 pandemic…

XRP breaks out of a crucial pattern and could quickly rise to $0.75 again

Ripple price was contained inside a wedge pattern on the 1-hour chart. The breakout of the pattern is significant because XRP faces very weak resistance above until $0.75. XRP price action is extremely volatile and hard to predict, investors must dread carefully. On January 30, XRP had a massive pump pushing the digital asset by…

Stephen Ehrlich predictions and crypto strategy

The crypto broker Voyager had 371% growth in membership in 2020 from the end of 2019. Its CEO explains why he lets investors trade Dogecoin and why he won’t set trading restrictions. He shares Bitcoin forecasts, tips on earning interest on cash in crypto, and three tokens to watch. Visit the Business section of Insider…

Ethereum catapults to new all-time high past $1,600 as investors pile in ahead of next week’s launch of CME futures | Currency News | Financial and Business News

Yu Chun Christopher Wong/S3studio/Getty Images Ethereum shot past $1,600 to secure a new all-time high ahead of next week’s CME futures launch. The digital asset hit a record high of $1,698.56. Meanwhile, bitcoin rose 3%, to $37,381. Crypto traders have a valuable lesson to learn from last week’s Reddit war against Wall Street players. Sign…

Musk’s tweet on Dogecoin sends value of the crypto asset over the moon

After surging 800% last week on the back of frenzied speculative trading by retail investors, Dogecoin or DOGE was back in the limelight on Thursday with the cryptocurrency surging over 58% after tweets from Tesla chief Elon Musk. The world’s richest person came out in support of the digital currency, tweeting, “Dogecoin is the people’s…

The Rise of the Bitcoin Investment Fund

Three stories 1. Qualified investors are plowing money into cryptocurrency-focused investment funds. Yesterday, macro trader Dan Tapiero, most known for his DTAP Capital fund and eye for gold, announced a new $200 million fund called 10T Holdings that will make bids on crypto startups. CrossTower, a Bermuda-based capital markets firm, is launching a bitcoin (BTC)…

Crypto Startup Metal Pay Files for National Bank Charter

Bloomberg NYC Hospitalizations Jump; Sweden’s Covid Passport: Virus Update (Bloomberg) — Dozens of U.S. states are releasing vaccines left over from a federal initiative for nursing homes, increasing supply for other eligible people like essential workers and seniors. New York City hospitalizations surged after the snowstorm, Mayor Bill de Blasio said. Around the U.S. restrictions…

Global tax enforcement chiefs target cryptocurrency in fintech

Five international tax enforcement heads, including from the Internal Revenue Service’s Criminal Investigation unit, have been meeting this week to discuss their joint initiatives for combating tax evasion. The group of five leaders, known as the Joint Chiefs of Global Tax Enforcement, or J5 for short, represent the U.S., the U.K., Canada, Australia and the…

Crypto terror: Pakistan warns of digital currency crime spike

KARACHI: Police in Pakistan say the use of digital currencies, including bitcoin, for international terror financing, as well as crimes such as extortion and ransom, is on the rise as authorities move to crack down on illegal methods of money transfer.Bitcoin is the most common virtual currency and is used as a vehicle for moving…