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0 CommentsDigital insurance platform will be the first to accept insurance premiums and pay insured claims in cryptocurrency Metromile, Inc. (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced it will soon allow policyholders the option to pay for insurance and receive payment for eligible and approved insured claims in bitcoin…
595 ViewsKi Yang Joo pointed at the outflow of digital coins from cryptocurrency exchanges, which he believes has eased the pressure of sellers. CryptoQuant CEO Ki Yang Joo is confident that Bitcoin is ready for a new price spike. As an argument, the analyst cited a graph that indicates the outflow of bitcoin from cryptocurrency exchanges….
531 ViewsRepresentatives of the site have not yet commented on the movement of the first cryptocurrency. The last time this happened was in mid-April after the largest collapse of the main digital coin in recent months. From the largest cryptocurrency exchange in the United States, Coinbase, $ 12.3 thousand bitcoins worth $ 694 million were withdrawn…
516 ViewsThe completion of the transaction is scheduled for the fourth quarter of 2021. BitGo will receive $ 265 million in cash and the rest of the sum in the form of 33.8 million shares in Galaxy Digital. Galaxy Digital Holdings Ltd, one of the largest digital asset management companies, has announced plans to acquire BitGo,…
569 ViewsThe cryptocurrency has renewed its historical maximum value at around $ 117. At the beginning of the year, it was trading at $ 5.5. Since then, growth has exceeded 1990%. On Thursday, May 6, the Ethereum Classic cryptocurrency hit its all-time high at $ 117. Over the past day, it has risen by 57%. Since…
549 ViewsGoldman Sachs Group Inc. is wading deeper into the $1 trillion Bitcoin market, offering Wall Street investors a way to place big bets. The investment bank has opened up trading with non-deliverable forwards, a derivative tied to Bitcoin’s price that pays out in cash. The firm then protects itself from the digital currency’s famous volatility by buying and…
