Tag: cryptonews

Mastercard has tracked customer usage as it relates to cryptocurrency, particularly Bitcoin. The company has seen consumers using their Mastercard debit cards to purchase crypto assets and begin to use crypto cards on its network. With cryptocurrencies becoming more accepted as an investment and payment method, Mastercard is taking steps to make it easier for…

Digital 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…

Representatives 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the largest cryptocurrency exchange in the United States, Coinbase, $ 12.3 thousand bitcoins worth $ 694 million were withdrawn…

The 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…

Goldman 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…

New York State Senate Energy and Telecommunications Committee Chairman Kevin Parker introduced a bill that proposes a moratorium on mining cryptocurrency using electricity generated by burning fossil fuels in the state for a period of three years. The senator argues that the mining of cryptocurrency should be banned to reduce the negative impact on the…