Mark Cuban compares the crypto boom to the dot-com bubble, defends Robinhood, and calls for stablecoin regulation in a new interview. Here are the 10 best quotes. | Currency News | Financial and Business News

mark cuban

Mark Cuban. Steve Jennings/Getty Images Mark Cuban praised cryptocurrencies and Robinhood for encouraging young people to invest. The “Shark Tank” star compared bitcoin to gold, and called for stablecoins to be regulated. The billionaire advised parents to join TikTok and YouTube to understand how children learn today. Mark Cuban praised cryptocurrencies for enticing young people … Read more

Bitcoin briefly crashed 87% to about $8,000 on Binance’s US crypto trading platform | Currency News | Financial and Business News

Bitcoin

Bitcoin. Nurphoto Bitcoin plummeted to $8,200 on Binance’s US platform, Coin Telegraph first reported. The brief decline in the cryptocurrency was an 87% fall from $65,815. Binance’s CEO tweeted “expect very high volatility in #crypto over the next few months.” Bitcoin briefly plummeted to about $8,000 on Thursday – but only on the Binance US … Read more

Business News | Stock and Share Market News

Business News | Stock and Share Market News

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IMF warns of the danger to the financial system from ‘disappearing’ crypto coins and the instability of stablecoins | Currency News | Financial and Business News

Bitcoin balloon

Bitcoin balloon Andriy Onufriyenko The IMF warned countries about the risks that came with the growing crypto space in a report Tuesday. More than 16,000 tokens have been listed on exchanges, but only around 9,000 exist today, the report said. The fund said stablecoins were vulnerable to volatility and investor runs despite being pegged to … Read more

Vietnam’s biggest city to start lifting COVID-19 curbs to spur business

Vietnam's biggest city to start lifting COVID-19 curbs to spur business

Motorbikes drive past a billboard warning against the coronavirus disease (COVID-19) after the government eased nationwide lockdown during the outbreak in Ho Chi Minh, Vietnam, April 25, 2020. REUTERS/Yen DuongJobs available as industry restarts – government99.6% of Vietnam’s COVID-19 cases recorded since MayCrisis centred largely in Ho Chi Minh CityHANOI, Sept 30 (Reuters) – Vietnam’s … Read more