Calamos Supports Greece

Crypto

Bitcoin Blues: Cryptocurrency Falls to Near $20K

Bitcoin is biting it. The digital currency continued its downward spiral on Wednesday, dropping to just over $20,000 (around 19,200 euros) in intraday trading. The cryptocurrency cratered from its all-time high just seven months ago when Bitcoin stood at over $57,000...

Crypto “Based on Nothing” Says ECB’s Lagarde in Warning to Investors

European Central Bank President Christine Lagarde said crypto-currencies are “based on nothing” and should be regulated to steer people away from speculating on them with their life savings. In an interview on a Dutch television show, College Tour, she stated...

Price of Bitcoin Drops to Nearly Two-Year Low

The price of bitcoin has fallen significantly this month with the value of the cryptocurrency reaching a 22-month low on Monday. Bitcoin's price has now dropped to $32,338.60 (30,627.89 euros) as of Monday evening, a slump which amounts to the...

The Bitcoin Experiment that Made MIT Students Rich

In 2014, MIT students Jeremy Rubin and Dan Elitzer conducted an experiment where they gave any interested MIT student $100 worth of Bitcoin worth roughly $300 a coin at the time. The $100 worth of bitcoin those lucky students...

Ukraine Legalizes Cryptocurrency, Receives Many Millions in Donations

Ukraine legalized cryptocurrency on Thursday, as the country has been receiving millions of dollars in donations in cryptocurrency aimed at helping the country in the wake of the Russian invasion. Ukrainian President Volodymyr Zelensky signed the bill called "On Virtual...

Biden to Sign Cryptocurrency Executive Order in Move Toward Regulation

  US President Joe Biden is expected to sign an executive order on cryptocurrency this week, marking the first step toward regulating the digital currency. The move comes as administration officials have raised concerns about Russia’s use of cryptocurrency to evade...

Why “NFTs Are a Poverty Trap”

YouTuber Dan Olson has gone viral for a video essay where he offers a wide-ranging analysis--and takedown--of cryptocurrency and NFTs, entitled "Line Goes Up." Olson had long been established on YouTube for creating analytical but accessible videos on a number...

Digital Dollar Becomes More “Urgent” After Crypto, Stablecoin Boom

The rise of cryptocurrencies is raising stakes for regulators eager to exert more influence over the sector, while protecting investors. The rapid adoption of digital tokens has made the development of a central bank digital currency (CBDC) a more "urgent"...

Cryptocurrency Crime Soars to $14 Billion in 2021

Cryptocurrency crime hit an all-time high in 2021, with an estimated $14 million going to illegal online addresses, according to a blockchain analysis just released by Chainalysis. The amount of illegally-obtained digital currencies represented a 79% increase over the  $7.8...

WhatsApp Links Crypto Payments to Messaging for its U.S. Users

The popular messaging application WhatsApp announced on Thursday that it would be launching a cryptocurrency payment method for its U.S. users. The service makes sending and receiving money as streamlined as sending messages back and forth, integrating payments seamlessly into...