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Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate investing products to write unbiased product reviews. The best bitcoin wallets offer secure storage for all types of crypto investors, accessible user interfaces, mobile access, low trading fees, and more.If you’re looking to invest in bitcoin or another cryptocurrency like ether or litecoin, you’ll need to pick an exchange (e.g., Coinbase or Kraken) that offers such assets, as well as a…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. Solana and Filecoin recently announced a partnership to devise a blockchain storage solution. Filecoin integration allows third-party dapps to access Solana's block history. Blockchain experts say the move will help improve the redundancy and scalability of Solana's dataset. This collaboration could pave the way for new ideas in the developer community. The potential consolidation has turned the crypto community's attention from investing in spot Bitcoin ETFs back to the altcoin sector. So far, interest in altcoins is growing, with…
Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate investing products to write unbiased product reviews. Understanding cryptocurrencies alone can be daunting, and if you’re new to crypto trading, finding the right brokerage to buy and sell popular assets like bitcoin, ether, and dogecoin can be another challenge.The best cryptocurrency exchanges allow crypto-enthusiasts access to blockchain trading, advanced charting tools, portfolio customizations, and low trading fees. eToro USA Insider’s Rating…
The second release of the US GDP report for the fourth quarter revised down the annual growth rate from 3.3% to 3.2%, but at best there is little indication that the growth environment is softening. Government consumption was revised upward along with private consumption (even though retail sales had previously been revised downward). The factors that caused the slump in GDP were an increase in imports due to strong demand and a decrease in inventories. All of this actually indicates that the economy is becoming more active. On the inflation front, the PCE deflator (the Fed's preferred inflation measure) for…
Recent data suggests that the eurozone is gradually recovering, but highlights economic divergence, particularly with Germany lagging behind southern Europe. listen to article The latest Purchasing Managers Index data suggests that the weakness in the eurozone's beleaguered economies is easing, with stabilization in services activity offsetting a steep decline in manufacturing, particularly in Germany. S&P Global's Eurozone composite PMI, which measures business activity across the eurozone, was 48.9 in February, up from 47.9 in January and the highest level in eight months. However, this is the ninth consecutive time that the PMI reading has fallen below 50, the dividing line…
February 29, 2024 17:28 | 1 minute read | Crypto whales are loading — are you there? New research shows that the biggest crypto buyers are coming back. And this time? It may be possible for Bitcoin to exceed $100,000 in 2024. You don't want to miss out on the next big crypto bull run like we saw in 2020 and 2021. To find out exactly what's going on and what to buy…visit Benzinga. Best cryptocurrency research and investment for just $1. trading platform robin hood (NASDAQ:HOOD) announced integration plans on Thursday Arbitrum (CRYPTO: ARB), Key Layer 2 Ethereum (CRYPTO:…
February 29, 2024 17:18 | 2 minute read | A division of Merrill bank of america corporation (NYSE:BAC), and its securities division. Wells Fargo & Company (NYSE:WAC) has begun offering its wealth management customers access to Bitcoin ETFs.what happened: Bitcoin ETF developmentEnter to win $500 in stocks or cryptoEnter your email address to get Benzinga's Ultimate Morning Update, a free $30 gift card, and more.Citing sources, Bloomberg reported that the financial giants are expanding these ETFs to some wealth management clients who have expressed interest in these products.The move follows the Securities and Exchange Commission's approval of nearly a dozen…
Joseph Nair/Bloomberg/Getty Images Winklevoss twins in Singapore in September 2023. CNN — Gemini Trust, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, will return at least $1.1 billion to customers of its now-shuttered lending program following a settlement with New York regulators. The New York Department of Financial Services (NYDFS) said in a statement Wednesday that Gemini will also pay a $37 million fine to regulators for “serious failures that jeopardize the safety and soundness of the company.” NYDFS said in a statement that it has the right to “bring further legal action against Gemini if Gemini fails to…
CNN — Gemini Trust, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, will return at least $1.1 billion to customers of a now-shuttered lending program following a settlement with New York regulators. The New York State Department of Financial Services (NYDFS) said in a statement on Wednesday that Gemini will pay a $37 million penalty to regulators for “serious negligence that threatened the safety and soundness of the company.” In a statement, the NYDFS said it reserves the right to “take further action against Gemini if the company fails to meet its obligations.” Gemini is run by the Winklevoss…
Bitcoin (BTC) has reached the $64,000 level for the first time since late 2021, with hundreds of millions of dollars worth of liquidations hitting the crypto market. New data from market intelligence platform Coinglass reveals that over the past 24 hours, traders experienced liquidations worth more than $638 million, the majority of which were short positions. The flagship digital asset itself has evaporated a staggering $185.62 worth of derivatives contracts at the time of writing, but major smart contract platform Ethereum (ETH) and dog-themed meme asset Dogecoin (DOGE) have evaporated. Other contracts evaporated $77.53 million and $31.62 million, respectively. Other…