Cryptos

The short list of what you can buy with bitcoin is about to get a tad longer, courtesy of Elon Musk.Why it matters: Musk is going where other companies have failed — trying to transform bitcoin from a speculative investment to a form of payment. It hasn't taken off in the decade-plus that the digital currency has been around. What's different…

There’s a new Dogecoin in town, sort of. A new cryptocurrency called Shiba Inu — or “SHIB” for short — saw a massive climb in recent days as Dogecoin dropped in value. The rise of SHIB Data from CoinMarketCap shows that the currency Shiba Inu — which is the name of the dog that is used as a mascot for the Dogecoin — jumped 1,000% in recent…

Cameron Winklevoss, left, and Tyler Winklevoss David Paul Morris | Bloomberg | Getty ImagesGemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is going all in on dogecoin.Starting Sunday, the Gemini app will let clients move their holdings in dogecoin into interest-bearing accounts through its Gemini Earn service.The…

The City of Miami is reportedly in the process of finalizing a deal with the FTX cryptocurrency exchange to sponsor the currently named AmericanAirlines Arena, home of the Miami Heat NBA franchise. If finalized, it would be the first major sports stadium to be named after a cryptocurrency business. Since the beginning of the COVID-19 pandemic,…

Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City Spencer Platt/Getty ImagesShares of GameStop have been nearly six times more volatile than bitcoin, according to data from Bespoke Invest.Over the past 50 days, GameStop has had an average daily price move of 21% compared to just 4% for…

LONDON (Reuters) - PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce.Customers who hold bitcoin, ether, bitcoin cash and litecoin…