Former Worldpay US Executive Joins Crypto Payments Firm BitPay as Its New CFO

Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its CFO. Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its Chief Financial Officer (CFO), according to a press release published on May 7. Having more than 15 years experience in private equity […]

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Bitcoin Inches to $6,000 While US Stocks Drop

Following the report of Fidelity soon launching bitcoin trading for institutional clients, crypto markets rallied to break new 2019 highs. Tuesday, May 7 — following some moderate losses yesterday, the crypto markets have rallied to break new 2019 highs today, with bitcoin (BTC) inching close to $6,000. All the top 20 coins by market cap […]

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Tether, Bitfinex Stay Afloat Amid Controversy

Tether, Bitfinex fight back against New York attorney general’s legal claims, as the stablecoin maintains stability. Tether has been one of the most controversial topics in the cryptocurrency community over the last two years — and things have come to a head over the past few weeks. The wider crypto community has been skeptical of […]

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Charlie Munger: Bitcoin Investors ‘Celebrate the Life and Work of Judas Iscariot’

Charlie Munger, VP of American holding company Berkshire Hathaway, said that BTC investors “celebrate the life and work of Judas Iscariot.” Charlie Munger, billionaire investor and vice chairman of American holding conglomerate Berkshire Hathaway, again criticized bitcoin (BTC), financial markets-focused news outlet Markets Insider reported on May 4. Munger — who was invited to an […]

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Bitfinex’s Price for Bitcoin, $300 Higher than Market Rate, Excluded from CoinMarketCap

CoinMarketCap’s website explains that prices can be manually excluded from its bitcoin average if it “does not seem indicative of a free market price.” Market data resource CoinMarketCap (CMC) has excluded Bitfinex’s price for bitcoin (BTC) from its global average, its website showed on May 6. The embattled exchange’s BTC price was $5,986.60 at press time — almost […]

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