Category: Forbes

Forbes News Feed

As The Bitcoin Price Holds, These Smaller Tokens Are Still Crashing—Erasing $100 Billion Of Crypto Value

Forbes

Bitcoin and cryptocurrencies have been sent into a tailspin during the last few days as a fresh China cryptocurrency crackdown sparks fear among traders. The bitcoin price has managed to hold over the closely-watched $30,000 per bitcoin level, falling to Read More

Bitcoin Falls 12% After China Cracks Down On Mining—What’s Next?

Forbes

Technical analysts comment on what’s next for bitcoin. (Photo illustration by Chesnot/Getty Images) Getty Images Bitcoin prices have dropped recently, losing more than 10% of their value after the closure of mining facilities in China’s Sichuan province reduced the nation’s Read More

Major Cryptocurrencies—Including Bitcoin, Ethereum, Dogecoin—Plummet As China Widens Crackdown

Forbes

Topline The value of major cryptocurrencies—including bitcoin, ethereum, cardano and dogecoin—plummeted Monday after Beijing renewed efforts to rein in the sector and severed power to bitcoin mines in Sichuan province over the weekend, one of the country’s largest producers of Read More

Coinbase Cofounder Issues Serious Crypto Price Warning As Bitcoin ‘Death Cross’ Fear Spreads

Forbes

Bitcoin and cryptocurrency prices have struggled this week with the crypto market’s combined value slipping under $1.5 trillion—down from $2.5 trillion in May. The bitcoin price, after getting an unexpected boost from Tesla billionaire Elon Musk last weekend, has resumed Read More

Recent IRS Memorandum Reaffirms Bitcoin, Ether & Litecoin Exchanges Are Not Like-Kind

Forbes

KATWIJK, NETHERLANDS – DECEMBER 17: In this photo illustration, visual representations of digital … [+] cryptocurrencies Ethereum, Litecoin and Bitcoin are arranged on December 17, 2020 in Katwijk, Netherlands. (Photo by Yuriko Nakao/Getty Images) Getty Images Tax law prior to Read More

Lost In The Metaverse: Meet Itzel Yard Aka ix_shells, The Highest-Selling Female NFT Artist

Forbes

As an underground digital artist, Itzel Yard never wanted nor expected fame and wealth. When she became the highest-selling female NFT artist with the $2 million sale of her artwork “Dreaming at Dusk,” she was astonished.  Itzel Yard, a 30-year-old Read More

Mark Cuban-Backed Cryptocurrency Crashed 100% In One Day—And These Other Buzzy Tokens Have Also Collapsed

Forbes

Topline In the latest sign of peak cryptocurrency mania subsiding, a token backed by billionaire Mark Cuban crashed down to zero dollars Tuesday, joining a slew of other hyped-up cryptocurrencies that have crashed over the past month after frenzied trading Read More

Crypto Price Mayhem: Data Reveals Bitcoin Is Braced For A ‘Short Squeeze’

Forbes

Bitcoin traders and investors are still reeling from a steep sell-off that’s wiped around $1 trillion from the combined cryptocurrency market. The bitcoin price has crashed from almost $65,000 per bitcoin to under $40,000 despite a flood of positive bitcoin Read More

Travel Company Backed By World’s Largest Cryptocurrency Exchange Launches Blockchain-Powered Airbnb Competitor

Forbes

Housing estate, UK, aerial view. (Photo by Phil Starling/Construction Photography/Avalon/Getty … [+] Images) Getty Images A travel booking site backed by the world’s largest cryptocurrency exchange, Binance, is preparing to launch a decentralized, blockchain-based competitor to Airbnb called Dtravel.  The Read More

Exclusive: Neil Patrick Harris Shares Success As An Early Bitcoin Investor

Forbes

CoinFlip, the leading global cryptocurrency ATM operator, today announced a new marketing campaign to display the simplicity around investing in Bitcoin. CoinFlip’s new ad, titled “So Flippin’ Easy,” features actor and long-time crypto investor Neil Patrick Harris unveiling the company’s Read More

Goldman Sachs Expands Crypto Trading Products For Clients As Market Provides An Alluring Entry Point

Forbes

Head of digital assets at Goldman Sachs says the investment bank plans to offer Ether options and futures trading as it expands the crypto trading products it offers clients NEW YORK – APRIL 16: A financial professional works in the Read More

Broadridge’s ‘Blockchain’ Platform Is Already Averaging $31 Billion In Daily Repo Volume

Forbes

Broadridge Broadridge Financial Solutions A new distributed-ledger technology (DLT) platform for the trillion-dollar global repurchase agreement (repo) market created by Long Island, N.Y.- based proxy communications giant, Broadridge BR Financial is already handling $31 billion worth of transactions daily, despite Read More

Bitcoin’s Biggest Corporate Investor Raises $500 Million To Buy More—Topping Expectations As Crypto Surges

Forbes

Topline Less than a week after announcing the offering, business analytics firm MicroStrategy, which owns more bitcoin than any other corporation in the world, has raised $500 million in bonds to acquire more of the world’s largest cryptocurrency—signaling institutional investors Read More