More

    Bitcoin price on the rise ahead of cryptocurrency conference

    Bitcoin was trading more than 4% higher on Thursday morning.

    The price was around $38,797 per coin, while rivals Ethereum and Dogecoin were trading around $2,831 and 42 cents per coin, respectively, according to Coindesk.

    GET FOX BUSINESS ON THE GO BY CLICKING HERE

    Miami will be the center of the cryptocurrency world over the next few days.

    The city is hosting the largest-ever cryptocurrency conference in a sign that what was once dismissed as a passing fad is now going mainstream. 

    The conference runs from June 3 to June 5 at the Mana Convention Center in Miami’s Wynwood neighborhood.

    MIAMI TO HOST LARGEST CRYPTOCURRENCY CONFERENCE IN HISTORY

    The event is expected to draw 50,000 attendees including big names such as Twitter CEO Jack Dorsey and Miami Mayor Francis Suarez, who has said he wants to make the city a crypto hub. 

    The conference was originally scheduled to run from April 30 to May 1 in Los Angeles, but was changed to Miami amid concerns of California’s strict COVID-19 policies.

    GOOGLE TO ACCEPT CRYPTOCURRENCY EXCHANGE, WALLET ADVERTISEMENTS IN AUGUST

    Cryptocurrencies will be getting more exposure starting in August when advertising will start to appear on Google.

    Ads will be accepted for cryptocurrency exchanges and digital wallets targeting U.S. consumers on its platform.

    The tech giant said it will update its financial products and services policy in August to “clarify the scope and requirements to allow the advertisement of cryptocurrency-related business and services.” 

    A cryptocurrency wallet is an app that allows users to store and retrieve their digital assets from crypto exchanges, such as Coinbase.

    Coinbase recently announced that select customers will be able to begin using the Coinbase Card, a Visa debit card that offers up to 4% back in crypto rewards on everyday purchases, with digital wallets Apple Pay and Google Pay starting this week. 

    CLICK HERE TO READ MORE ON FOX BUSINESS

    PayPal said last week that it was developing a withdrawal function to allow its users to move their cryptocurrencies into digital wallets.

    Related articles

    Comments

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Share article

    Latest articles

    Atlantis Exchange Received 30,000,000 Advanced Bitcoin as Liquidity

    SEATTLE, WA, May 20, 2022 /24-7PressRelease/ — Atlantis Exchange is pleased to announce that a deposit of 30,000,000 Advanced Bitcoin (“aBTC”), a green cryptocurrency...

    These indicators show how the equities sell-off is influencing crypto prices to fall down

    Cryptocurrencies experienced on May 10 a large market crash, losing over 10% in a single day of most of the coins. This is the...

    Xendit Raises $300M to Grow Payments Platform

    Southeast Asia payments platform Xendit closed a $300 million Series D funding round that brings its total investment capital since 2015 to $538 million,...

    Top Cryptocurrency Prices Today, May 20: After crypto crash, Bitcoin, ETH, Solana, ADA, Polkadot, Matic rise upto 6%

    Top Cryptocurrencies of the World Prices Today in India (May 20, 2022): The global crypto market cap recovered 2.87% in the last 24 hours...

    Ethereum to Merge in August as Final Testing Begins

    The Merge is a milestone upgrade that transitions the Ethereum network consensus mechanism from proof-of-work mining to proof-of-stake (PoS). It is a significant step...

    Newsletter

    Subscribe to stay updated.