CRYPTOCURRENCY

The cryptocurrency company Circle says it will start issuing its first euro-denominated cryptocurrency, a stablecoin known as Euro Coin, later this month.

As cryptocurrency value took a major plunge this week, with Bitcoin and other cryptocurrencies losing value, Miami’s own cryptocurrency, MiamiCoin has seen its own declines.

Placeholder while article actions loadCryptocurrency exchange Coinbase announced it would cut 18 percent of its workforce Tuesday as fears of a recession mount and crypto values plummet, shedding sometimes thousands of dollars per share by the day. Choose your plan ArrowRight The cuts will affect roughly 1,100 workers, leaving the firm with a staff of roughly 5,000. Coinbase’s stock fell 5.4 percent in morning trading, and crypto shares continued to see volatility: Bitcoin lost 4.9 percent to trade near $22,000. The leading cryptocurrency has lost more than two-third of its value in the past seven months. Coinbase will also cover four months of health insurance for U.S. employees and four months of mental health care for international employees, Armstrong said.

By Michelle D. MadsenBusiness consultant Deloitte frames the metaverse as consisting of various digital technologies. Cryptocurrency is part of the metaverse, such as bitcoins and ethereums, as the virtual recreates the real. (Flickr)Considerations “technical, social and financial” are “converging to make the metaverse particularly crucial now,” according to Deloitte. Virtual reality and augmented reality have made it possible to provide more immersive travel experiences. Digital investment, which comprises part of those figures, signals an ongoing and future expansion opportunity.

A Florida man who is also the CEO of Mining Capital Coin, a purported cryptocurrency mining and investment platform, is facing charges for allegedly orchestrating a $62 million global investment fraud scheme, federal prosecutors announced on Friday.

Crytpo was going to make them rich. Instead, therapists say they are seeing a rise in people who became depressed and addicted.

"Well that was obviously really embarrassing," the company wrote on Twitter.

Cryptocurrency was initially created to sidestep old institutions – and banks may finally be feeling themselves get disrupted, according to Cathie Wood.

Treasury Minister John Glen says "stablecoins" could be used as a means of payment.

Adults under 45 are far more likely than older adults to invest in cryptocurrency.

Cryptocurrency may go the way of declining stocks by at MiamiTodayNews.com.

President Biden is expected to sign an executive order on cryptocurrency regulation this week.

President Biden is expected to sign an executive order on cryptocurrency regulation this week.

Its government has raised more than $38 million in cryptocurrency in less than six days.

Cryptocurrency start-ups are having a solid start to the year, bagging hundreds of millions of dollars in fresh cash.

FTX has built up a war chest of funds at a time when crypto prices have sunk considerably.

If you don’t report crypto activity and face an IRS audit, you may be hit with interest, penalties or even criminal charges, according to tax experts.

Investors are fleeing riskier assets from tech stocks to cryptocurrencies as the Federal Reserve weighs whether to launch a U.S. digital currency.

"New York is the center of the world, and we want it to be the center of cryptocurrency," the city's new mayor said.

Bitcoin plummeted by more than 7% in the last 24 hours, and ether dived more than 9%, according to CoinDesk.

Cryptocurrency and the blockchain are obscure, but they're getting widely popular for payment or investment.

Cryptocurrency and the blockchain are obscure, but they're getting widely popular for payment or investment.

By Lisa ChauNEW YORK — Cryptocurrency is going mainstream, as evidenced by the large turnout at the recent NFT NYC conference. They had heard her talk about bitcoin, crypto, NFTs, but they didn’t fully understand those concepts until NFT NYC this year. “I don’t know if NFTs or NFT NYC signal an economic recovery for the industry, because the NFT community has been thriving before the pandemic and during the pandemic. Pepe is an Art gallery show hosted by Scarce.City at the NFT NYC show. Hall and Bryan WilkesRecommended from our partnersThe post Cashing In On Cryptocurrency And NFTs: Buyer Beware appeared first on Zenger News.

"Significant skewness in ownership" of bitcoin suggests future wealth will fall "disproportionately to a small set of participants," researchers said.

Cryptocurrency’s progress has undoubtedly improved over the recent years, and its popularity has gone over the roof.

Cryptocurrency start-ups have raised record funding this year.

Amplified by bots and influencers, millions of posts on social media networks peddle false ideas about climate change.

Amplified by bots and influencers, millions of posts on social media networks peddle false ideas about climate change.

On early Monday morning, the value of a Squid coin collapsed from a high of just over $2,860 to effectively zero.

Cryptocurrency has officially gone to the dogs.

FTX is one of the world's largest digital currency exchanges, competing with the likes of Coinbase, Binance and Kraken.

Here’s what startup Crowdsense does:This AI platform delivers real-time intelligence reports to crypto traders and investors. Crowdsense scans more than a billion social-media sources to sniff out news, hype and sentiment relating to more than 3,000 cryptocurrencies. (Courtesy of Gil Eyal)“As an active investor in the crypto space, I always felt like there was something missing in my arsenal,” Eyal said. “To a much larger extent than most markets, it is driven by investor sentiment. Now we are driving partnerships so more crypto traders and investors will know about us,” Tobias says.

This beginners guide to cryptocurrency can help point you in the right direction. Buying cryptocurrency for beginners can be challenging

Coinbase is getting into payroll as part of an expansion into traditional financial services.

Cryptocurrency is volatile, meaning its value changes quickly and unpredictably. This makes it difficult for newcomers

Cryptocurrency accounts holding roughly $50 million or more worth of bitcoin have steadily increased their buying since the end of June, according to new data.

Cryptocurrency task force awaits six members by at MiamiTodayNews.com.

There are a wide range of open positions in the cryptocurrency industry seeking candidates with varying experience levels and skillsets.

The City of Miami will be debuting a cryptocurrency this summer to help raise additional funding for local projects.

Investing in cryptocurrencies is picking up, and can be a beneficial part of a long-term portfolio.

Britain's Financial Conduct Authority said that Binance Markets Limited "is not permitted to undertake any regulated activity in the U.K."

Cryptocurrency crashes often happen on weekends. The volatility draws scrutiny from regulators weighing the future of digital currency.

Joseph Blount told senators that authorizing the payment to hackers was the right thing to do to bring an end to the pandemonium and fuel shortages.

Bitcoin 2021 has officially kicked off on Friday, June 4, at Mana Wynwood with Twitter and Square co-founder and CEO Jack Dorsey, Nick Szabo, Michael Saylor, Senator Cynthia Lummis, and professional skateboarder Tony Hawk as headline speakers.

President Biden's proposed 39.6% top marginal income tax rate would affect single and married filers with over $452,700 and $509,300 of income, respectively.

A film frame allegedly showing the autopsy of an extraterrestrial that crash-landed in Roswell, New Mexico has an opening bid of $1 million.

Divorce settlements are never easy, and cryptocurrency only makes the process more complex. Financial experts weigh in on what divorcees need to know.

Bitcoin and other cryptocurrencies bounced back Thursday, recovering some of the losses seen during a major sell-off a day earlier.

Bitcoin is about 37% lower than its all-time high of $64,829.14 which was hit in mid-April as negative newsflow has dampened sentiment.

Some of the ‘meme coins’ that were donated tanked in value by nearly 40%

Some of the ‘meme coins’ that were donated tanked in value by nearly 40%

To keep things transparent, Crypto Relief has an audit of all the transactions . Former Australian fast bowler Brett Lee donated 1 BTC (bitcoin) to the Crypto Relief fund, which is over $50,000 worth in fiat currency. In India, NGOs accepting foreign aid are regulated by the conditions set by Foreign Contribution Regulation Act. Akram concurs and notes that Crypto Relief only donates funds to Foreign Contribution Regulation Act-registered NGOs. CryptoRelief ensures that while it works with multiple NGOs, the direct foreign remittance is done only to Foreign Contribution Regulation Act-registered NGOs “whose compliance are regularly filed”.

The IRS is seeking the records of Americans who engaged in business with or through Kraken, a digital currency exchanger headquartered in San Francisco, California. “This John Doe summons is part of our effort to uncover those who are trying to skirt reporting and avoid paying their fair share.”Cryptocurrency, as generally defined, is a digital representation of value. On April 1, 2021, a federal court in the District of Massachusetts granted an order authorizing the IRS to serve a similar John Doe summons on Circle, a digital currency exchange headquartered in Boston. Today’s order from the Northern District of California grants the IRS permission to serve what is known as a “John Doe” summons on Kraken. The United States’ petition does not allege that Kraken has engaged in any wrongdoing in connection with its digital currency exchange business.

Cryptocurrencies like Bitcoin and Ethereum are gaining popularity with clubs, venues, and local governments in Miami, Florida.

It was a big day for the crypto space with Coinbase making its public debut. Investors discuss what it could mean for the company and broader crypto markets.

Cryptocurrency exchange Coinbase went public on Wednesday in a direct listing that opened at $381 per share, valuing the company at $99.6 billion.

E11even Miami says that when customers pay for tables, drinks, or merchandise at the nightclub, they will have the option of using cryptocurrency, including Bitcoin.