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Coinbase CEO: Americans are Investing Their COVID Stimulus Checks in Bitcoin

Coinbase CEO: Americans are Investing Their COVID Stimulus Checks in Bitcoin

Brian Armstrong, the CEO of US-based crypto exchange Coinbase, has revealed data showing how $1,200 deposits similar to the stimulus checks being offered to Americans by the government has skyrocketed this week. Coinbase is the leading crypto exchange in the American soil.

Most Americans Plan to Use $1,400 Stimulus Checks to Invest in Bitcoin and Stocks - Mizuho Survey

Most Americans Plan to Use $1,400 Stimulus Checks to Invest in Bitcoin and Stocks - Mizuho Survey

Mizuho has released a new survey showing that with the third round of $1,400 stimulus payments already hitting Americans’ bank accounts, most recipients are planning to use their stimulus checks to buy Bitcoin and stocks. Interestingly, the survey found that Bitcoin was a more popular choice among stimulus recipients than stocks.

Tom Emmer Accuses SEC Chair of Exceeding Authority, Detrimental to Americans, Citing Ripple Case

Tom Emmer Accuses SEC Chair of Exceeding Authority, Detrimental to Americans, Citing Ripple Case

House Majority Whip Tom Emmer has criticized SEC Chair Gary Gensler for expanding authority negatively impacting Americans. Emmer emphasized Congress's need to use appropriations process to check Gensler's misuse of taxpayer resources, highlighting the ongoing debate on crypto regulation in the U.S.

49% of Americans are Aware of NFTs: Pew Research Center

49% of Americans are Aware of NFTs: Pew Research Center

Nearly half of Americans have shown awareness of non-fungible tokens (NFTs), according to a survey by Washington-based think tank Pew Research Center.

At Least 16% of Americans Have Invested in Crypto: Pew Research Center

At Least 16% of Americans Have Invested in Crypto: Pew Research Center

A recent survey from the Pew Research Center has drawn an insight into the popularity of emerging digital currencies amongst Americans. At least 16% of respondents say they have invested in crypto.

Americans Present Stronger Desires than Canadians in Crypto, Ipsos Study Shows

Americans Present Stronger Desires than Canadians in Crypto, Ipsos Study Shows

The intention of investing in cryptocurrencies like Bitcoin (BTC) or using tokens as a payment option among Americans is higher than among Canadians, a new survey shows.

Is The US Ready for CBDC? Most Americans Opposed to Digital Dollar Adoption, Survey Reveals

Is The US Ready for CBDC? Most Americans Opposed to Digital Dollar Adoption, Survey Reveals

Most American citizens appear to be against a digital dollar adoption within the US, preferring paper money to CBDC, according to a study.

Will A Second Round of US Stimulus Payments Mean Another Bitcoin Bull Run?

Will A Second Round of US Stimulus Payments Mean Another Bitcoin Bull Run?

As the second round of the US economic stimulus package is about to begin, crypto experts have been speculating on whether Americans will once again redirect their stimulus checks towards Bitcoin investments.

Blockchain-Powered A-Medicare Platform Gains Popularity on Social Media

Blockchain-Powered A-Medicare Platform Gains Popularity on Social Media

The A-Medicare platform that is engineered through blockchain, artificial intelligence, and other cutting edge technologies has excited Americans based on its quest to make healthcare available and affordable to all citizens.

Blockchain Favored by Andrew Yang, America’s 2020 Presidential Hopeful

Blockchain Favored by Andrew Yang, America’s 2020 Presidential Hopeful

Andrew Yang, one of the US Presidential election's hopeful, has asserted that blockchain should be embraced in the voting system.

Will Facebook Ever Be Able to Launch Libra?

Will Facebook Ever Be Able to Launch Libra?

In recent speculation, Facebook has acknowledged that there are several regulatory issues that are preventing the progress of launching Libra globally.

Decentralized Hackers 'Anonymous' Promise Retribution for George Floyd, Will Expose Minneapolis Police Record of Systemic Racism

Decentralized Hackers 'Anonymous' Promise Retribution for George Floyd, Will Expose Minneapolis Police Record of Systemic Racism

Hacktivist group ‘Anonymous’ has promised retribution against the Minneapolis Police Department (MPD) for the death of George Floyd last week.

Post-Halving Prediction: Bitcoin Price Hitting $20,000 Only a Matter of Time

Post-Halving Prediction: Bitcoin Price Hitting $20,000 Only a Matter of Time

With the much-anticipated Bitcoin halving just around the corner, pundits, investors, and traders are keeping a keen eye on this event because mining rewards will be slashed from 12.5 BTC to 6.25 BTC. Crypto trader TheMoonCarl tweeted that the number of non-zero Bitcoin addresses had smashed the 30 million figure. As a result, he believes that the all-time high Price of BTC of $20,000 will be broken.

Trump Threatens Military Deployment at BLM and George Floyd Protests, Bitcoin Price Soars Past $10,000 Mark

Trump Threatens Military Deployment at BLM and George Floyd Protests, Bitcoin Price Soars Past $10,000 Mark

As President Donald Trump advised state governments to leverage the National Guard in response to civil unrest and protest, Bitcoin’s price surged past the $10,000 mark.

President Trump Ends COVID-19 Stimulus Negotiations, Bitcoin Price Plummets

President Trump Ends COVID-19 Stimulus Negotiations, Bitcoin Price Plummets

Trump has decided to delay negotiations regarding a second coronavirus stimulus package until after the presidential elections, sending Bitcoin's price down.

Binance.US Offers Institutional Liquidity to Tagomi Users in a Partnership Deal

Binance.US Offers Institutional Liquidity to Tagomi Users in a Partnership Deal

Binance.US has partnered with Tagomi, a crypto brokerage firm, to offer institutional liquidity to its users in its cross-exchange trading platform.

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