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BIZpaye (CRYPTO) News

OCC crypto

OCC Will Review Existing Cryptocurrency Rules


The US government agency Office of the Comptroller of the Currency will reconsider the crypto policy put forward by the previous management last year. Michael Hsu, who was assigned the role of Acting Comptroller of the Currency on May 10, made the request. He said that OCC has always been...

Goldman Sachs crypto report

Goldman Sachs' New Report Says Crypto Belongs to Asset Class


American multinational investment bank Goldman Sachs recently recognized cryptocurrencies as a category of assets. The screenshots were published on Twitter by economist Alex Krueger. Crypto, a new asset class - quite a comprehensive report by Goldman.— Alex Krüger...

China bitcoin mining crackdown

China Restates BTC Mining and Trading Crackdown


On Friday China reiterated its approach towards BTC mining and trading operations restriction. The crypto market crash continues. BTC price has lost over 22% during the previous 7 days. Currently, it trades at around $37.000 with a market cap of $697 billion. China's Vice Premier Liu He and the...

US crypto regulation

IRS Orders to Report Crypto Transactions Over $10.000


The US National Treasury issued a report which defines new regulatory terms for cryptocurrencies. Transactions worth $10.000 and more must be reported to the IRS. This proposal was made in terms of president Biden's suggested American Families Plan. It puts forward a number of changes like...

Buterin crypto

Vitalik Buterin Expressed His Opinion About the Crypto Crash


On May 20 Ethereum co-founder Vitalik Buterin gave an interview to CNN business. Talking about the recent crash in the crypto market, Buterin said it didn't surprise him. According to him, cryptocurrencies are in a bubble, and it's difficult to guess when they will rise. Buterin said it can happen...

Bitcoin price

Bitcoin Regains $10.000 after a Major Decline


After seeing a major decline and dropping to $30.600, the price of Bitcoin seems to be recovering. The cryptocurrency gained $10.000 in a day and currently trades at around $39.900. BTC dominance index stands at 43.09% which is up by 2.7% in a day and the market cap is $753.9 billion. Most...

BlockFi rewards

Crypto Platform BlockFi Sends Users Large Amounts in BTC by Accident


Crypto management platform BlockFi sent users large sums in Bitcoin by mistake. The payments were thought to be done in terms of a promotion that rewarded users with bonuses in USD stablecoins. The promotional period lasted from March 18 to 31 and the rewards were to be transferred to people's...

China crypto

China Bans Finance Institutions to Provide Crypto Services


A new decision adopted by China states that financial establishments and payment operators of the country are disallowed to deliver services concerning crypto activities. The country also urged investors to be careful while purchasing crypto. Particularly, it said cryptocurrencies don't represent...

Coinbase offering

Coinbase Announced $1.25 B Public Debt Offering


On May 17, crypto exchange Coinbase revealed its plan to boost $1.25 B by selling convertible bonds. The latter is a security offering that allows the purchaser to acquire shares or cash of common stock in the issuing company. In the case of Coinbase, the sale represents Convertible Senior Notes...

Vitalik Buterin burns Shibs

Vitalik Buterin Burns SHIB Tokens Worth of $6.7 B


The youngest billionaire in the crypto industry Vitalik Buterin has burned 90% of his Shiba Inu owning, valued at $6.7 B received by the coin's developers. Data from Etherscan shows that the transaction was done on May 16. In an attached note Vitalik Buterin gave the motive of his move. He said it...

Internet Computer

Newly Released Coin Internet Computer Is Among the Top 10


Internet Computer (ICP), a coin released on May 10, now has a market cap of about $35.2 B and is among the top 10 cryptos. The token trades at about $283. Its highest price of $737 was registered on the launch day. ICP is the in-built token of IC built by the tech firm Dfinity Foundation. The...

Mark Zuckerberg Bitcoin

Mark Zuckerberg Named One of His Goats Bitcoin


Media magnate, Facebook co-founder Mark Zuckerberg posted a photo of two of his goats on May 10. In the description, he said that the names of the goats are Max and Bitcoin. The post raised various discussions among the users. Many posted that it might mean that Zuckerberg supports BTC and or...

Dogecoin $0.7

Dogecoin Surpassed $0.7 before SNL's Hosting Elon Musk


DOGE has crossed another all-time high surging over $0.73. The coin is the 4th largest cryptocurrency by market cap, which currently stands at over $90.7 B. The third largest cryptocurrency BNB's market cap is $96.5 B. On May 8, Tesla CEO Elon Musk who has been occasionally mentioning DOGE in his...

Elon Musk crypto investing

Elon Musk Says Crypto is Promising but Needs Caution


Tesla CEO Elon Musk who is a big supporter of Dogecoin shared his thoughts about crypto investing during the TV program TMZ. Musk says crypto is promising, however, he advises investing with caution. The billionaire once again mentioned Dogecoin, saying it can be the future of currency and in...

Bitcoin Cash ranks 9th

Bitcoin Cash Reappears in the Crypto Top 10


Bitcoin Cash (BCH) is again in the top 10 cryptocurrencies. It ranks the 9th with over $26.8 B market cap. The price of the coin has seen more than a 79% increase over the previous 7 days, surpassing $1470. BCH's hard fork that occurs twice a year, is scheduled for May 15. It plans to remove the...

Chainlink Ether highs

Chainlink and Ether Hit New All-Time Highs


Chainlink (LINK) and Ethereum (Ether) have set new all-time highs: over $51 and $3500 correspondingly. The price of the blockchain oracles network Chainlink's native token has seen over a 38% price increase during the previous 7 days and hit a record high of $51. It ranks 11th in terms of the...

Fidelity analytics platform

Fidelity to Launch Crypto Analytics Network Sherlock


Boston-based international financial operations provider Fidelity will launch a digital asset analytics network Sherlock for asset managers and investors. The network will offer entry to statistics provided by large data researchers. It will enable users to be aware of the market, enabling them to...

Elon Musk Dogefather

Elon Musk Calls Himself Dogefather, The Coin Surges


On May 8 Elon Musk will be the guest of the American show Saturday Night Live (SNL). The businessman tweeted about this, posting "The Dogefather, SNL May 8". Following this, DOGE has gained over 20%. Now the coin trades at around $0.3 ranking the 7th by market cap. The DogefatherSNL May...