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Wealthfront gives green light to investment in cryptocurrencies

Wealthfront gives green light to investment in cryptocurrencies Reuters 7 hrs ago By Anna Irrera © Reuters/BRENDAN MCDERMID FILE PHOTO: Dan Carroll, Founder and Chief Strategy Officer of Wealthfront, speaks during an interview in New York By Anna Irrera (Reuters) - Wealthfront will start allowing clients to invest in cryptocurrencies later this year, the U.S. digital wealth manager said on Wednesday, in the latest sign of growing acceptance of digital assets by mainstream...
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Source: msn.com

Lloyds CEO leaves on a high as UK outlook brightens

4 Min Read LONDON (Reuters) - Lloyds Banking Group smashed quarterly profit forecasts and freed up some cash set aside to cover bad loans, ending CEO António Horta-Osório’s decade in charge on a high as Britain’s pandemic-hit economy shows signs of recovery. FILE PHOTO: A woman walks past a branch of Lloyds bank in London, Britain, July 20, 2018. REUTERS/Toby Melville Britain’s biggest domestic lender said on Wednesday it made 1.9 billion pounds ($2.64 billion) of pretax profit in the f...
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Bitcoin tumbles below $50,000, other cryptos sink over Biden tax plans

Bitcoin tumbles below $50,000, other cryptos sink over Biden tax plans By Stanley White, Anna Irrera and Gertrude Chavez-Dreyfuss Reuters TOKYO/LONDON/NEW YORK (Reuters) - Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concern that U.S. President Joe Bidens plan to raise capital gains taxes will curb investments in digital assets. News reports on Thursday said the Biden administration is planning a raft of proposed changes to the U.S. tax code, including a plan to near...
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PayPal's Venmo Launches Crypto Buying and Selling

PayPals Venmo launches crypto buying and selling Anna Irrera , By Anna Irrera LONDON (Reuters) - Venmo, the peer-to-peer payment service owned by PayPal Holdings Inc, said on Tuesday it has started allowing users to buy, hold and sell cryptocurrencies on its app, a step that could inspire more mainstream adoption of the asset class. Venmo users will be able to buy bitcoin, ethereum, litecoin and bitcoin cash for as little as $1 and publish transactions on t...
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DogeDay hashtags help meme-based cryptocurrency Dogecoin hit new high

DogeDay hashtags help meme-based cryptocurrency Dogecoin hit new high Reuters 1 hr ago By Anna Irrera and Tom Wilson LONDON, April 20 (Reuters) - Dogecoin prices hit an all-time on Tuesday, with a market capitalisation above $50 billion, after social media fans used hashtags to fuel a rally in the meme-based cryptocurrency. An 8,000% price surge this year has seen Dogecoin, which was launched as a satirical critique of 2013s cryptocurrency frenzy, overtake more widely-used cryptocurrencies li...
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Source: msn.com

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PayPal's Venmo launches crypto buying and selling - Netscape Money & Business

PayPals Venmo launches crypto buying and selling By Anna Irrera Reuters LONDON (Reuters) - Venmo, the peer-to-peer payment service owned by PayPal Holdings Inc, said on Tuesday it has started allowing users to buy, hold and sell cryptocurrencies on its app, a step that could inspire more mainstream adoption of the asset class. Venmo users will be able to buy bitcoin, ethereum, litecoin and bitcoin cash for as little as $1 and publish transactions on the apps feed, the company said. With mor...
United States City Of United Kingdom Anna Irrera Barbara Lewis Paypal Venmo

PayPal's Venmo launches cryptocurrency buying and selling features

Venmo, the peer-to-peer payment service owned by PayPal Holdings Inc, said on Tuesday it has started allowing users to buy, hold and sell cryptocurrencies on its app, a step that could inspire more mainstream adoption of the asset class. Venmo users will be able to buy bitcoin, ethereum, litecoin and bitcoin cash for as little as $1 and publish transactions on the apps feed, the company said. With more than 70 million customers, Venmo is one of the most popular payment apps in the United Sta...
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UPDATE 1-Dogecoin cryptocurrency slumps after hashtag-fueled surge to record high

UPDATE 1-Dogecoin cryptocurrency slumps after hashtag-fueled surge to record high Reuters 1 hr ago (Adds new analyst comment, bookmakers odds; updates price and market cap) By Anna Irrera, Tom Wilson and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, April 20 (Reuters) - Meme-based cryptocurrency Dogecoin fell on Tuesday after hitting an all-time high in a wild session that saw supporters of the token once considered a parody use hashtags to fuel a rally until it lost steam. Dogecoin ultimately fe...
New York United States City Of United Kingdom David Gregorio Tom Wilson
Source: msn.com

U.S. banks deploy AI to monitor customers, workers amid tech backlash

9 Min Read (Reuters) - Several U.S. banks have started deploying camera software that can analyze customer preferences, monitor workers and spot people sleeping near ATMs, even as they remain wary about possible backlash over increased surveillance, more than a dozen banking and technology sources told Reuters. FILE PHOTO: Cameras are seen on the exterior of a Chase Bank branch in New York City U.S., April 7, 2021. REUTERS/Brendan McDermid/File Photo Previously unreported trials at City Nation...
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Tesla : Dogecoin cryptocurrency slumps after hashtag-fueled surge to record high

Message : Required fields LONDON/NEW YORK (Reuters) - Meme-based cryptocurrency Dogecoin fell on Tuesday after hitting an all-time high in a wild session that saw supporters of the token once considered a parody use hashtags to fuel a rally until it lost steam. Dogecoin ultimately fell 15.4% to US$0.33, but during the session when it hit a record peak, its market capitalization soared to more than $50 billion. After the slump, its market cap dropped roughly $45 billion, according to coinmar...
New York United States City Of United Kingdom David Gregorio Tom Wilson

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