January 2021 ~ Bitcoin

Sunday, 31 January 2021

Switzerland’s Crypto Broker AG Wins Securities House License From FINMA

January 31, 2021 / in CoinDesk, Coins Feeds / with No comments /

Banks can tick a box and start trading with us, said CEO Rupertus Rothenhaeuser.

from CoinDesk https://ift.tt/2YwVmhI

Crypto Long & Short: GameStop, Dogecoin and a New Market Paradigm

January 31, 2021 / in CoinDesk, Coins Feeds / with No comments /

We’re not just witnessing the changing nature of market forces. We’re also seeing a shift in the definition of market “fundamentals.”

from CoinDesk https://ift.tt/3reLINb

XRP Posted Biggest Single-Day Gain in 3 Years in a Coordinated Buying Attack

January 31, 2021 / in CoinDesk, Coins Feeds / with No comments /

"Traditional Crypto-Pump groups are being copied and legitimized by WallStreetBets," Jehan Chu, co-founder and managing partner at Kenetic Capital, told CoinDesk.

from CoinDesk https://ift.tt/39BCVP2

Bitcoin Falls Back to $32K as Elon Musk’s Bio Change Fades Into Memory

January 31, 2021 / in CoinDesk, Coins Feeds / with No comments /

The price jump coinciding with Elon Musk's Twitter attention retraced over the weekend.

from CoinDesk https://ift.tt/3corlZD

What Ray Dalio Really Thinks of Bitcoin

January 31, 2021 / in CoinDesk, Coins Feeds / with No comments /

A reading of Dalio’s first long-form essay on his thoughts about bitcoin and cryptocurrencies.

from CoinDesk https://ift.tt/3t9y13I

Judge Rejects Virgil Griffith’s Motion to Dismiss Charges of Aiding North Korea

January 30, 2021 / in CoinDesk, Coins Feeds / with No comments /

U.S. Judge Kevin Castel also denied the ethereum developer’s request for more details about what he’s being charged with.

from CoinDesk https://ift.tt/2Yv5yaE

India’s Proposed Crypto Ban Has Investors Nervous, May Feed Anti-Bitcoin Narrative

January 30, 2021 / in CoinDesk, Coins Feeds / with No comments /

The move is bound to make potential and current crypto investors outside the country uneasy as well.

from CoinDesk https://ift.tt/2L2BO1w

Are Financial Advisors Missing Crypto?

January 30, 2021 / in CoinDesk, Coins Feeds / with No comments /

On this episode of the 'On Purpose' podcast, independent registered investment advisor Tyrone Ross digs into the thorny topic of bitcoin and digital assets through the lens of your average Financial Advisor.

from CoinDesk https://ift.tt/39x4GbG

Visa May Add Cryptocurrencies to Its Payments Network, Says CEO

January 30, 2021 / in CoinDesk, Coins Feeds / with No comments /

The payments company works with wallets and exchanges to enable crypto purchases, and could eventually use digital currencies over blockchain in the same way it processes traditional money.

from CoinDesk https://ift.tt/2L3DiZv

GameStop, Robinhood and the Failure of Un-Free Markets

January 30, 2021 / in CoinDesk, Coins Feeds / with No comments /

The latest in the saga of WallStreetBets vs the world.

from CoinDesk https://ift.tt/3r6Gmn6

The Small Guys Rebel Against their Big Brother Hedge Funds

January 30, 2021 / in CoinDesk, Coins Feeds / with No comments /

What the GameStop stock market chaos can teach crypto and why the Bank of International Settlements is pitching central bank digital currencies (CBDC) instead of crypto. Also the privacy concerns around China’s digital yuan.

from CoinDesk https://ift.tt/3iZ87uV

Voyager Reports Multiple ‘Service Disruptions’ After Encouraging Users to Trade Dogecoin

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

Angry users are taking to Twitter, putting the platform in the DOGE house.

from CoinDesk https://ift.tt/2YrOtOG

Beyond Coinbase: 8 Other Ways to Buy Bitcoin

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

Buying bitcoin for the first time? Coinbase isn't the only game in town.

from CoinDesk https://ift.tt/2Mebli0

In Retrospect, It Was Inevitable: Elon Musk Pumps Bitcoin to Space

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

The price action is fun, but the larger significance is about decentralized alternatives to today’s financial system.

from CoinDesk https://ift.tt/36mJMKc

Top 5 Dogecoin Pumps Through the Ages

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

What started off as a parody project is still shocking the crypto world with wild price gains and celebrity endorsements.

from CoinDesk https://ift.tt/39uQMXy

After GME, Dogecoin and Bitcoin, Chinese Traders Are Betting What Will Pump Next

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

For Chinese investors, including Justin Sun, FOMO has surpassed fear of losing money.

from CoinDesk https://ift.tt/3ta7djW

Blockchain Bites: DOGE, Musk, Robinhood, GameStop and Crypto’s ‘Populist’ Revolution

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

A renewed the pitch to create open access and decentralized standards is much bigger than what's happening to a few stocks.

from CoinDesk https://ift.tt/3ot68jv

India Would Ban Private Cryptocurrencies Under Proposed Legislation

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

A ban on cryptocurrency trading had been in effect for almost two years before it was overturned by the Supreme Court in March 2020.

from CoinDesk https://ift.tt/3t3wmwJ

Ripple Responds to SEC Lawsuit Over XRP Sales

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

In a Friday filing, Ripple Labs pushed back against the SEC’s allegations.

from CoinDesk https://ift.tt/2MFTlNl

Crypto Lender BlockFi Registers Bitcoin Trust With SEC

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

BlockFi is the latest firm to go up against Grayscale's behemoth bitcoin trust.

from CoinDesk https://ift.tt/2L1v303

Money Reimagined: Narratives Wall Street Can’t Control

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

It used to be that Wall Street dictated the big stories around finance. It’s unclear whether that’s still the case.

from CoinDesk https://ift.tt/3cr8op5

Strange Bedfellows: The World Economic Forum and Crypto

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

A look at the challenging task of integrating the radical crypto world into the establishment with Adrian Monck of the World Economic Forum.

from CoinDesk https://ift.tt/2Yoc5ni

Kraken, Coinbase Suffer Outages Amid Market Volatility

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

Spillover from market drama on Wall Street is crippling U.S. exchanges.

from CoinDesk https://ift.tt/2L4lUDY

Bitcoin News Roundup for Jan. 29, 2021

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

With BTC shooting back up above $37K and a look into the aftermath of the GameStop moment, CoinDesk’s Market Daily is back with the latest news roundup.

from CoinDesk https://ift.tt/3ouxBBA

Japan to Have Blockchain-Based Stock Exchange in 2022

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

The exchange reportedly planned by SBI and SMFG is expected to be the first of its kind in Japan.

from CoinDesk https://ift.tt/3ahyBDJ

First Mover: Elon Musk #Bitcoin Moment Adds to Dogecoin, GameStop Wackiness

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

The GameStop-galvanized "bear raid" by retail stock traders appears to have terrified Wall Street, but crypto-industry marketeers are salivating over the prospect of new customer leads and more demand.

from CoinDesk https://ift.tt/3pvvnDe

Portfolio App Blockfolio Adds Crypto, Stock Trading to Capitalize on GameStop Drama

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

The app offers trading of crypto assets as well as tokenized stocks listed on derivatives exchange FTX.

from CoinDesk https://ift.tt/3iV0kOI

Elon Musk-Prompted Bitcoin Price Surge Causes Liquidation of $387M in Shorts

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

The shorts were liquidated after Elon Musk added "Bitcoin" to his Twitter bio and prices rose by over 15%.

from CoinDesk https://ift.tt/3qXpsa8

Robinhood Limits Cryptocurrency Trading Citing ‘Extraordinary Market Conditions’

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

Users still have some crypto trading functionality, per a Friday report from CNBC.

from CoinDesk https://ift.tt/2NBLlNV

FTX Exchange Lists WallStreetBets Futures to Capitalize on Investing Movement

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

The futures contract is based on a basket of stocks being targeted by WallStreetBets and dogecoin.

from CoinDesk https://ift.tt/2NHaFSF

Gemini Survey Finds Over 40% of UK Crypto Investors Are Women

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

The survey data shows that cryptocurrency investing is becoming more diverse, said Gemini in its new trends report.

from CoinDesk https://ift.tt/36qrhou

Dogecoin Becomes Most Mentioned Crypto on Twitter Ever as Price Soars

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

Tweet volume for the shiba inu-themed cryptocurrency surpassed previous records for bitcoin, according to TheTIE.

from CoinDesk https://ift.tt/3t8oRnV

Bitcoin Surges to $37K After Elon Musk Adds Crypto to Twitter Bio

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

Is Musk just teasing the crypto community again?

from CoinDesk https://ift.tt/39uXNYy

Robinhood CEO: We Weren’t ‘Forced’ to Limit Stock Buying Amid Reddit-Driven Surge

January 29, 2021 / in CoinDesk, Coins Feeds / with No comments /

Robinhood's CEO said the platform's decision to halt buy orders on GME, NOK and AMC was based on a "technical and operational" one, not outside pressure.

from CoinDesk https://ift.tt/3iX1N76

Retail Traders Sue Robinhood Over Meme Stock Restrictions

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

GameStop, which had been soaring for days on short squeezing and mass speculation, began tumbling after the major retail trading hub implemented the hold.

from CoinDesk https://ift.tt/3r0adgW

China, Singapore Look Ahead to CBDC Future at World Economic Forum

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore.

from CoinDesk https://ift.tt/3oudC5T

Longtime Bitcoin Developer Jonas Schnelli Receives Open-Source Grant

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

Jonas Schnelli joins other Bitcoin developers who are sponsored by high-caliber Bitcoin companies.

from CoinDesk https://ift.tt/2YottbK

Blockchain Bites: DOGE Chases After GameStop, Guggenheim Doubts $30K Bitcoin

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

Following a tweet from “WSB Chairman" inquiring about the meme cryptocurrency dogecoin prices went haywire.

from CoinDesk https://ift.tt/3cqp3cB

OCC Halts Fair Access Banking Rule

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

The rule would have prohibited US banks from denying services based on ideological factors.

from CoinDesk https://ift.tt/3ps5VhV

Bitcoin Rebounds From Early Losses, Markets Still Distracted by GameStop

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

GameStop's stock drama has had a galvanizing effect on stocks, bitcoin and even dogecoin.

from CoinDesk https://ift.tt/3pwQ8hO

Inside Iran’s Onslaught on Bitcoin Mining

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

Iran has been clamping down on mining farms, but it also wants to use crypto mining to boost the sanctioned nation's revenue stream.

from CoinDesk https://ift.tt/39oSZUi

Who Let the DOGE Out? Meme-Based Cryptocurrency Soars 250% to Record High

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

A large chunk of the gains had retraced by mid morning, however.

from CoinDesk https://ift.tt/3afRTJV

Bitcoin News Roundup for Jan. 28, 2021

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

With digital-market traders taking GameStop’s stock gyrations as a moment for self-reflection, CoinDesk’s Market Daily is back with the latest news roundup.

from CoinDesk https://ift.tt/3prQjej

Dalio Expects to Soon Offer Alt-Cash Fund, Says ‘Bitcoin Won’t Escape Our Scrutiny’

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

"Bitcoin looks like a long-duration option on a highly unknown future that I could put an amount of money in that I wouldn’t mind losing about 80% of," Dalio said.

from CoinDesk https://ift.tt/3iYri8e

Prime Trust, tZERO Partner on Digital Asset Custody, Trading

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

The integration will enable Prime Trust to manage the custody of digital securities and cryptocurrencies for its customers using tZERO for trading.

from CoinDesk https://ift.tt/3qXlSwU

Scarcity Gives Bitcoin Value, but Not the Way You Think

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin is "scarce" (and therefore valuable) when demand for it exceeds the available supply, not because of its 21 million hard cap, says our columnist.

from CoinDesk https://ift.tt/3ouLlMq

WallStreetBets Reddit Group: What Is It?

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

How an army of amateur traders from the WallStreetBets Reddit channel is turning the tables on traditional investors.

from CoinDesk https://ift.tt/39ojedG

First Mover: Crypto Gawks at GameStop, Sees Shades of Self

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

Digital-market traders found amusement in the GameStop saga. They also saw an opportunity for self-reflection. Here's what Niall Ferguson, Caitlin Long, Mati Greenspan and Jonathan Mohan said.

from CoinDesk https://ift.tt/2YmkRlF

Europol, Spanish Police Bust Alleged Scam Posing as Crypto Investment Training Firm

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

Europol worked with Spain’s Civil Guard and Catalan police to arrest six suspects aged in connection with the scheme.

from CoinDesk https://ift.tt/2YpdR7Q

Algorand Teams Up With Crypto Custodian Curv for ‘Trusted DeFi’

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

The firms aim to build technology that "appeals to traditional institutions, payment providers [and] governments."

from CoinDesk https://ift.tt/39v7jLj

Hard-Hit Argentinian Farmers May Get Boost From Trading Platform for Tokenized Produce

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

Farm assets like soybeans will be tokenized on a platform from CoreLedger for trading against other assets like cattle or fiat currency.

from CoinDesk https://ift.tt/36kOnww

‘The Squeezening’: How the Gamestop Backlash will Curtail Freedom

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

Gamestop's "squeezening" is likely to increase calls for curbs on "memetic disturbances." That could be dangerous for free speech.

from CoinDesk https://ift.tt/3ouYDsm

Digital Asset Manager Grayscale Eyes DeFi Space With New Trust Filings

January 28, 2021 / in CoinDesk, Coins Feeds / with 1 comment /

Trusts for aave, cosmos and polkadot, as well as privacy coin monero and cardano, have been registered in Delaware.

from CoinDesk https://ift.tt/3ov8cY9

WallStreetBets Fever Hits Dogecoin, Price Soars 142% After Twitter Mention

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

A Twitter account not officially affiliated to WallStreetBets prompted DOGE's latest social media-based price boost.

from CoinDesk https://ift.tt/3pqv4tr

Australian Crypto Exchange to Delist BSV Over ‘Bullying’ Threat to Bitcoin Developers

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

The exchange's CEO said "Recent talk of legal action against developers working to improve the Bitcoin ecosystem proved to be the final straw."

from CoinDesk https://ift.tt/2Ny87WX

Guggenheim CIO Says Institutional Demand Not There to Sustain Bitcoin Above $30K

January 28, 2021 / in CoinDesk, Coins Feeds / with No comments /

Scott Minerd said he doesn't believe bitcoin's investor base is "big enough" or "deep enough" to keep price at current levels.

from CoinDesk https://ift.tt/3cfICUM

Mark Cuban on Bitcoin, NFTs and What Comes Next: ‘The Upside Is Truly Unlimited’

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

"You can sell anything digital using NFT," says the Dallas Mavericks owner. "We can sell virtual Mavs gear, sneakers, art, pictures, videos, experiences, anything our imagination can come up."

from CoinDesk https://ift.tt/3tdnq82

DeFi’s UNI Token Jumps 92% in One Week, Passes $15

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

Uniswap's UNI token has nearly doubled its price in 7 days. The decentralized exchange is seeing volumes higher than last summer, too.

from CoinDesk https://ift.tt/2YjILhF

Reddit Joins With Ethereum Foundation to Build Scaling Tools

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

The social media firm will dedicate developer resources to support scaling efforts for Ethereum.

from CoinDesk https://ift.tt/2YmLZAZ

Federal Reserve Holds Rates, Asset Purchases Steady as Economic Activity Moderates

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

The central bank noted that economic activity and employment had moderated while the path of the economy will be determined by vaccinations

from CoinDesk https://ift.tt/3pqG9dN

Miami Uploads Bitcoin White Paper to Municipal Website

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

Mayor Suarez once again pledged to turn Miami into a "hub for crypto innovation."

from CoinDesk https://ift.tt/2Mznn5G

GameStop-Style Revolts Spread, Prompting Halt by TD Ameritrade, Nasdaq Monitoring

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

Nasdaq and TD Ameritrade are taking a mob of Reddit traders head on.

from CoinDesk https://ift.tt/3qY53SE

Blockchain Bites: Scaramucci on GameStop and Bitcoin; Why Flamingo DAO Dropped $762K on an NFT

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

Anthony Scaramucci sees recent GameStop price action as proving Bitcoin's larger thesis of decentralizing and democratizing finance.

from CoinDesk https://ift.tt/39oT3U9

The Bitcoin Paradox

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin may not be a financial bubble. But, when Bitcoiners reject inconvenient information, it is an epistemic bubble.

from CoinDesk https://ift.tt/3iSn69O

Bitcoin News Roundup for Jan. 27, 2021

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

With BTC breaking below $30K and the tether (USDT) saga gaining fresh attention, CoinDesk’s Market’s Daily is back with the latest news roundup.

from CoinDesk https://ift.tt/2Mve5ri

Former Bitspark CEO George Harrap Joins Crypto PR Firm as Head of DeFi

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

"I've been around crypto for a decade now and DeFi has me as excited as when I mined my first bitcoin," Harrap told CoinDesk.

from CoinDesk https://ift.tt/3t2lGOU

Silver Lake Co-Founder Tells Davos Cash Is Used Far More in Crime Than Bitcoin

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

Glenn Hutchins said up to 90% of $100 bills are "used for organized crime and tax evasion."

from CoinDesk https://ift.tt/3olwaFd

South African Regulator Seeks More Crypto Powers After Alleged Ponzi’s Collapse

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

“At the point something becomes a Ponzi scheme, we have lost our jurisdiction,” a regulator told Bloomberg.

from CoinDesk https://ift.tt/3okQG93

First Mover: Risks Nobody’s Ever Seen, From the Fed to Tether (and GameStop)

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

Risks surrounding the stablecoin tether (USDT) have been known for years, but they're commanding fresh attention as the amount outstanding swells to $25B.

from CoinDesk https://ift.tt/3cmhHXz

Crypto Exchange 2gether Says It Can’t Fully Reimburse 9% of Users After 2020 Hack

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

After a successful fundraising effort, the company said it can now reimburse most, but not all users.

from CoinDesk https://ift.tt/2YpKUbz

‘Pomp’ Launches Crypto Jobs Board With Gemini, Coinbase and BlockFi

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

Morgan Creek’s Anthony Pompliano aims to list 10,000 openings by the end of the year.

from CoinDesk https://ift.tt/3qX30hG

Bitcoin Drops, Dollar Bounces Ahead of Federal Reserve Rate Announcement

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin would likely extend losses further if Fed Chairman Jerome Powell drops hints of a gradual unwinding of stimulus programs later today.

from CoinDesk https://ift.tt/39mCyb5

Valid Points: What to Expect When Ethereum 2.0 Undergoes Its First ‘Hard Fork’

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

Here's what the impending Eth 2.0 hard fork means, and why Ethereum devs are still debating the “Ice Age.”

from CoinDesk https://ift.tt/3pmD66A

Lawsuit Against Israeli Crypto Entrepreneur Moshe Hegog Fails in US Court

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

A Washington judge threw out the lawsuit after the plaintiff failed to make a case.

from CoinDesk https://ift.tt/39l0NX3

American Cancer Society Launches $1M Cryptocurrency Fund

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

The first cryptocurrency donor to contribute $250,000 or over will have the opportunity to choose a name for the fund

from CoinDesk https://ift.tt/3j2gSVb

American Cancer Society Launches $1M Cryptocurrency Fund

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

The first cryptocurrency donor to contribute $250,000 or over will have the opportunity to choose a name for the fund

from CoinDesk https://ift.tt/3j2gSVb

GameStop Investing Craze ‘Proof of Concept’ for Bitcoin Success, Says Scaramucci

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

A campaign by members of a Reddit investor forum have caused GameStop stock to spike to record levels in the last week.

from CoinDesk https://ift.tt/3iScZBZ

US Man Sentenced to Prison for Embezzling $20M of ICO Investors’ Funds

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

San Francisco-based Jerry Guo represented himself to clients as an ICO consultant, then embezzled funds now worth over $20 million.

from CoinDesk https://ift.tt/36ggQDD

EY’s Paul Brody Expects Consumer DeFi Ignition in 2021

January 27, 2021 / in CoinDesk, Coins Feeds / with No comments /

Welcome to the world of boomer DeFi.

from CoinDesk https://ift.tt/2KVMnn8

Cathie Wood: Bitcoin ETF Approval Unlikely Until Market Cap Rises to About $2T

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

"The flood of demand has to be satisfied" for the SEC to feel comfortable with a bitcoin ETF, said Wood.

from CoinDesk https://ift.tt/3sZENsM

4 Ways Blockchain Could Catapult Into the Mainstream

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

Blockchain technology adoption has largely been a top-down story. Here are some ideas that could get more bottom-up traction.

from CoinDesk https://ift.tt/39idnGM

Union Square Ventures to Allocate 30% of New $250M Fund to Crypto-Related Investments

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

Planned investments "will include holding tokens directly as well as equity in early-stage blockchain-related projects."

from CoinDesk https://ift.tt/3pl2tp7

Colombia, Estonia Upload the Bitcoin White Paper to Their Governmental Websites

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

More sites are hosting Bitcoin's founding white paper since Craig Wright's threatened copyright infringement lawsuit.

from CoinDesk https://ift.tt/36eNjdQ

‘Coin Signals’ Trader Arrested on $5M Crypto Fund Fraud Charges

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

24-year-old Jeremy Spence bilked his investors of $5 million, according to a criminal complaint.

from CoinDesk https://ift.tt/3omJBES

Blockchain Bites: Universities Are Gaining Bitcoin Exposure as Institutional ETH Appetite Grows

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

Meanwhile, BoE Governor Andrew Bailey said crypto qua crypto fails as currency qua currency, though dissidents like Alexey Navalny might disagree.

from CoinDesk https://ift.tt/3a74sa9

What Tether Means When It Says It’s ‘Regulated’

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

Representatives say the $25B stablecoin is "regulated" but the issuer doesn't look like a financial institution bound by norms and laws.

from CoinDesk https://ift.tt/2YhRBfS

Bitcoin News Roundup for Jan. 26, 2021

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

With bitcoin hovering around $32K for a fourth straight day and top Ivy League universities said to be accumulating crypto, CoinDesk’s Market’s Daily is back with the latest news roundup.

from CoinDesk https://ift.tt/3iO9w7j

State of Crypto: Unpacking the Trump Presidency’s Crypto Legacy

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

Donald Trump may have been anti-crypto but his appointed regulators ushered in a largely industry-friendly regime.

from CoinDesk https://ift.tt/3cbIHc7

Bitmain Co-Founder’s Exit Resolves Years-Long Power Struggle as Mining Firm Preps IPO

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitmain co-founder Jihan Wu is stepping down from his role as part of his settlement with Micree Zhan.

from CoinDesk https://ift.tt/3ooGLiF

Questions About Tether Just Won’t Go Away. Does the Crypto Market Care?

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

Is the price of bitcoin and other cryptocurrencies inflated because the backing of tether may not be as strong as people think it is?

from CoinDesk https://ift.tt/3pmLVNw

Secure Messaging App Signal Reportedly Toying With Crypto Payments

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

Staff at the firm are said to be worried the addition would bring bad actors and unwanted regulatory attention.

from CoinDesk https://ift.tt/3cdG21q

Big Guns Back $10M Investment in DeFi’s dYdX

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

The funding round, led by Three Arrows and DeFiance Capital, was also joined by Andreessen Horowitz, Polychain Capital and Coinbase co-founder Fred Ehrsam.

from CoinDesk https://ift.tt/3abDb6O

Galaxy, Coinbase Bet $25M on DeFi Using Terra Stablecoins

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

The backing will help Terraform Labs build more apps on its Tendermint-based blockchain.

from CoinDesk https://ift.tt/39haLce

First Mover: The Smart Money (Literally) Buying Crypto as Harvard Said to Be Holding

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

The brain trust has blessed cryptocurrencies, with endowments for Harvard and other universities reportedly lapping up digital assets. For bitcoin marketeers, it's a new $600B money pot.

from CoinDesk https://ift.tt/2YmtooB

FinCEN Further Extends Comment Period for Controversial Crypto Rules

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Financial Crimes Enforcement Network (FinCEN) is further extending a comment period for a controversial proposed rule that would require crypto exchanges to gather and store counterparty information for transactions to unhosted wallets. FinCEN announced the move Tuesday, saying all comments are due 60 days after the change is submitted to the Federal Register, the […]

from CoinDesk https://ift.tt/3iPUgXu

Traditional Lenders Extended Millions in Loans to the Crypto Space Through Genesis in Q4

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

The average loan size for a first-time lender on the platform is $3.2 million, Genesis said.

from CoinDesk https://ift.tt/3cepir8

Stellar Development Foundation Invests $5M in Crypto Payments Firm Wyre

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

A Wyre integration will introduce a variety of APIs that can be used by financial apps on the Stellar network.

from CoinDesk https://ift.tt/2KTeUd0

US Man Installs Crypto Mining Rig in Hybrid BMW Sportscar

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

While it can be powered by the hybrid car's battery, the boot needs to stay open to avoid overheating.

from CoinDesk https://ift.tt/2M8ZhP0

South Korean Tax Agency Carries out Irregular Audit on Crypto Exchange Operator

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

The team of investigators requested past data and transaction details from Korea Digital Exchange.

from CoinDesk https://ift.tt/39j601F

Overstock Turns Medici Ventures Into a Fund to Reap Value of Blockchain Assets

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

“We remain bullish on blockchain technology but are changing the way we interact with these asset," said CEO Jonathan Johnson.

from CoinDesk https://ift.tt/2KNFAM3

Philippines Issues Crypto Industry Guidelines to Guard Against Money Laundering

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

New guidelines bring the nation's digital asset industry in line with Financial Action Task Force standards.

from CoinDesk https://ift.tt/3cpesyD

Gemini Exchange Adds Local Currency, DeFi Tokens in Singapore Expansion

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

The exchange has increased the trading options for Singapore users, including several DeFi tokens.

from CoinDesk https://ift.tt/3a3LOQG

What Is Guggenheim Partners?

January 26, 2021 / in CoinDesk, Coins Feeds / with No comments /

Guggenheim Partners is part of the next wave of institutional investment firms looking to step into Bitcoin.

from CoinDesk https://ift.tt/3iKhrCO

We Have Entered the Age of Anonymous Crypto

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

Spurred by an information crisis and compounding global unrest, privacy has entered public consciousness.

from CoinDesk https://ift.tt/3sTlf9j

The Bitcoin Whales Won’t Stop Buying

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

According to a number of different data points, bitcoin whales saw last week’s volatility and price declines as a chance to accumulate.

from CoinDesk https://ift.tt/2NATn9X

Large Bitcoin Options Positions May Boost Price Volatility This Week

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

As long as these options remain open in the market, the next couple of days could be volatile for bitcoin.

from CoinDesk https://ift.tt/368fMli

Gaming Company The9 Agrees to Buy 26,000 Bitcoin Mining Machines

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

The company says a "majority" of the ASICs are already deployed.

from CoinDesk https://ift.tt/3sWZtSg

Bank of England Governor Insists Digital Payments (but Not Crypto) Are Sticking Around

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

BoE Governor Andrew Bailey said cryptocurrencies "as originally formulated" are not the ideal form of digital currency.

from CoinDesk https://ift.tt/39d7n1T

The Future of Money in the Multiverse

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

It's 2028 and central banks, Big Tech companies and the "deplatformed" are establishing their own worlds of digital money.

from CoinDesk https://ift.tt/39ef08e

Blockchain Bites: ETH Pumps, Coins Leave Exchanges

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

With ether whales and small holders rising, some analysts are speculating about a potential ETH supply crunch.

from CoinDesk https://ift.tt/2Y9zA3k

Vietnam’s Oldest Bitcoin Exchange Adds Support for Lightning Network

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

With VBT's integration, the Lightning Network now has support from half a dozen Bitcoin exchanges.

from CoinDesk https://ift.tt/2LTsXjj

Bitcoin News Roundup for Jan. 25, 2021

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

With bitcoin bouncing and ether hitting a new all-time high, CoinDesk’s Market’s Daily is back with the latest news roundup.

from CoinDesk https://ift.tt/36b05ts

CFTC Attorney Who Let Regulators Trade Crypto Joins Private Law Firm

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

Daniel Davis oversaw the CFTC’s legal division, including administrative actions.

from CoinDesk https://ift.tt/2M6Fvnj

Grayscale Donating up to $2M to Crypto Advocacy Group Coin Center

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

A web page has been set up for the donation matching campaign that runs through February.

from CoinDesk https://ift.tt/3c8PDXj

New Regulators in Town: What’s Next for Crypto in DC [Borderless, EP.5]

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

In this episode, Anna Baydakova, Tanzeel Akhtar and Nik De discuss to expect from U.S. President Joe Biden’s administration regarding crypto, how QuadrigaCX users are doing and trying to predict the future for Ripple.

from CoinDesk https://ift.tt/3oiVqvX

Collateralized Debt Obligations Make Their Way Into DeFi Lending

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

The future of finance apparently involves Wall Street’s ghosts.

from CoinDesk https://ift.tt/36aDxsR

First Mover: Bitcoin Flushes ‘Weak Hands’ as Ethereum Hits New All-Time High

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

Last week's rout in bitcoin market looks like "weak hands" selling out because bidders appeared to materialize whenever prices fell to $30K.

from CoinDesk https://ift.tt/2NqK0cG

Bank of Singapore Says Crypto Could Replace Gold as Store of Value

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

Cryptocurrencies need to overcome a number of hurdles first, though, according to a research note.

from CoinDesk https://ift.tt/3iNhi1w

Ethereum-Based ConsenSys Quorum Partners with China’s BSN Blockchain

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

The first partnership for Quorum since leaving JPMorgan is a big one.

from CoinDesk https://ift.tt/3c6oDry

Crypto Miner Marathon Patent Group Buys $150M in Bitcoin

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Nasdaq-listed mining company wants to become a "pure-play bitcoin investment option" for Wall Street.

from CoinDesk https://ift.tt/39ZeGcN

Two Arrested for Orchestrating Escape of Wirecard Exec Accused of Fraud

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

The collapsed financial firm had previously supplied cards to several cryptocurrency companies.

from CoinDesk https://ift.tt/36cNwxV

Shariah-Compliant Crypto Exchange Wins License From Bahrain Central Bank

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

Launching soon, CoinMENA said it will offer spot trading in five major cryptocurrencies.

from CoinDesk https://ift.tt/3ogEMNF

Big Investors Stacked up Ether as Price Rose to Record High

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

Strong hands backed ether's rally to record highs, on-chain data suggests.

from CoinDesk https://ift.tt/3sQXFtU

Russian Public Officials Banned From Holding Cryptocurrency

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

Russian government officials must dispose of any digital asset holdings before April 1, a letter from the Ministry of Labor states.

from CoinDesk https://ift.tt/2MjNugE

Former UK Cybersecurity Chief Says Laws Needed to Stop Ransomware Payouts

January 25, 2021 / in CoinDesk, Coins Feeds / with No comments /

“People are paying bitcoin to criminals and claiming back cash” via insurance claims, Ciaran Martin said.

from CoinDesk https://ift.tt/3sTPME5

Ethereum’s Ether Cryptocurrency Sets New All-Time Price High Above $1,450

January 24, 2021 / in CoinDesk, Coins Feeds / with No comments /

The price of ether (ETH), the native cryptocurrency of the Ethereum blockchain network, soared to record levels on Sunday.

from CoinDesk https://ift.tt/2NtZFYN

Crypto Long & Short: No, Bitcoin Was Not a Response to the Financial Crisis

January 24, 2021 / in CoinDesk, Coins Feeds / with No comments /

In spite of the timing, bitcoin wasn't created as a result of the 2008 crisis – and this misunderstanding matters.

from CoinDesk https://ift.tt/3pltTvm

BOE’s Bailey, Western Union CEO Part of Davos Panel on Digital Currencies

January 24, 2021 / in CoinDesk, Coins Feeds / with No comments /

The session will focus on the diminishing role of cash and the emergence of central bank digital currencies, moves accelerated by the pandemic.

from CoinDesk https://ift.tt/3ofRMmo

Famed Investor Bill Miller Explains Buying MicroStrategy Debt: It’s the Bitcoin

January 24, 2021 / in CoinDesk, Coins Feeds / with No comments /

"Not owning any Bitcoin has been a massive mistake, and we expect that will continue to be true," the famed value investor wrote to clients.

from CoinDesk https://ift.tt/3o7H29O

A Reading of Satoshi’s Bitcoin White Paper

January 24, 2021 / in CoinDesk, Coins Feeds / with No comments /

The document that started it all, in audio form.

from CoinDesk https://ift.tt/2YcGNzu

Chainlink’s LINK Cryptocurrency Hits New Record Price High

January 24, 2021 / in CoinDesk, Coins Feeds / with No comments /

The cryptocurrency is now up 105% since Jan. 1, 2021.

from CoinDesk https://ift.tt/3oaPogH

Beijing, Shanghai to Join Wider Testing of Digital Yuan in 2021

January 24, 2021 / in CoinDesk, Coins Feeds / with No comments /

The wider effort to promote the digital currency precedes a launch in the "near future," per a state media report.

from CoinDesk https://ift.tt/39c9rqY

Early CryptoPunk Digital Collectible Sells for $762K in Ether

January 23, 2021 / in CoinDesk, Coins Feeds / with No comments /

Flamingo, a DAO for NFT investments, bought the ultra-rare “Alien” in a Saturday auction.

from CoinDesk https://ift.tt/2KI3wAB

Valkyrie Digital Assets Files for Bitcoin ETF

January 23, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Valkyrie Bitcoin Trust would be listed on the NYSE and Coinbase Custody Trust Co. would serve as custodian.

from CoinDesk https://ift.tt/366JNBW

Another Pro-Crypto Appointment in the Biden Administration?

January 23, 2021 / in CoinDesk, Coins Feeds / with No comments /

Reports are that Chris Brummer – author of a volume on crypto assets and frequent speaker on digital currencies – will chair the CFTC.

from CoinDesk https://ift.tt/3pgnCAU

Bitcoin Policy in Biden’s Washington, With Kristin Smith and Amy Davine Kim

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

As the Biden Administration gets underway, what can we expect for cryptocurrency technologies alongside an ascendent bitcoin?

from CoinDesk https://ift.tt/3pbnW3I

Bitcoin Exchange LVL Launches Mastercard Debit Card

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

The card can be used to spend crypto and fiat around the world.

from CoinDesk https://ift.tt/2KIb3zo

Samsung Discussing $10B Chipmaking Facility in Texas: Bloomberg

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

Samsung plans for its foundry to manufacture 3nm chips.

from CoinDesk https://ift.tt/3sHFeHY

At Least One Key Huobi Executive Is In Custody in China: Sources

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Chinese police appear to have intensified their crackdown on crypto exchanges’ OTC trading services in the last year.

from CoinDesk https://ift.tt/2Y5cefq

Bitcoin News Roundup for Jan. 22, 2021

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

With bitcoin back above $30K and analysts calling for a deeper correction, CoinDesk’s Market’s Daily is back with the latest news roundup.

from CoinDesk https://ift.tt/2NsqoFg

Singapore Exchange, Temasek Launch Digital Asset Business for Capital Markets

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

Singapore Exchange (SGX) and state-owned investment firm Temasek Holdings announced Friday a joint venture launching a digital assets business focusing on capital market products. Read more: Singapore’s Stock Exchange Backs New Ethereum Security Token Platform

from CoinDesk https://ift.tt/3oaLftj

Ethereum’s Road to $2K: 3 Reasons to Be Bullish

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

Ether recently broke above $1,400 for the first time in two years. Here are three events that could push the price even higher.

from CoinDesk https://ift.tt/3sNZmIA

Russia’s Sber Bank Files to Launch Its Own Stablecoin

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

Russia's largest retail bank has applied to become a licensed digital assets issuer.

from CoinDesk https://ift.tt/2NoNfkV

BIS Plans Platform for Testing Central Bank Digital Currencies in Cross-Border Payments

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

The new platform was announced as part of the BIS Innovation Hub's priorities and programs for 2021.

from CoinDesk https://ift.tt/3qMfEzE

MicroStrategy Buys the Dip, Adds $10M to Bitcoin Treasury

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

CEO Michael Saylor bought the coins for an average price of $31,808.

from CoinDesk https://ift.tt/3p8kIxX

First Mover: Bitcoin Newbies Get Volatility Lesson as Old Pros Lament FUD

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

A mixture of bearish price-chart patterns and ill-understood news items combined to cause bitcoin's biggest price plunge since March, in a demonstration to market newcomers of the cryptocurrency's notorious volatility.

from CoinDesk https://ift.tt/2MhmzBX

Tether’s Bank Deltec Says Stablecoin Is Fully Backed by Reserves

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

"Every tether is backed by a reserve and their reserve is more than what is in circulation," Gregory Pepin, Deltec Bank's deputy CEO, said on a podcast Friday.

from CoinDesk https://ift.tt/3o45t89

OKCoin to Integrate Bitcoin’s Lightning Network in Q1

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

The feature, added to alleviate fee pressure during Bitcoin’s bull market, could be live within a month's time.

from CoinDesk https://ift.tt/3a16Zmy

Social Networks Are the Next Big Decentralization Opportunity

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

We have the core tech to enable radically more ethical and beneficial social media networks. Here's what we'll need.

from CoinDesk https://ift.tt/397Rudb

Hut 8 Completes $11.8M Financing for New Bitcoin Mining Machines

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

The new machines will add 475 PH/s to Hut 8's hash power.

from CoinDesk https://ift.tt/3sVpscT

Grayscale May Have Laid Groundwork for 5 More Potential Crypto Trusts

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

Trusts for Chainlink, Basic Attention Token, Decentraland, Livepeer and Tezos were all recently registered in Delaware.

from CoinDesk https://ift.tt/3p8j5Av

Bitcoin Faces Further Losses Before Rally Restarts, Say Analysts

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

Despite a bounce earlier on Friday, bitcoin may yet see further losses in the near term.

from CoinDesk https://ift.tt/2KDdvqJ

Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.

from CoinDesk https://ift.tt/3c1Q3Pp

30 Charged in Japan With Trading $96M-Worth of Crypto Stolen in Coincheck Hack

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

The around 30 individuals are suspected to have traded cryptocurrency stolen during the $560 million exchange hack in 2018.

from CoinDesk https://ift.tt/394nKxN

Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police

January 22, 2021 / in CoinDesk, Coins Feeds / with No comments /

Komainu will be responsible for providing police across the U.K. with a more "robust" means to store cryptocurrencies.

from CoinDesk https://ift.tt/3sJLcbo

SEC Calls Out Suspicious Crypto Companies Targeting Global Traders

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

The securities regulator added eight suspect crypto entities to its watchlist Thursday.

from CoinDesk https://ift.tt/3sHqN6Z

Bitcoin Breaks Below $30K, Erasing Almost All of 2021’s Gains

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin gains in 2021 dropped below 1% as strong selling continues.

from CoinDesk https://ift.tt/39T81AP

Bitcoin Price Sees Largest Daily Loss in 10 Months

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin ended Thursday down 13% amid continued selling.

from CoinDesk https://ift.tt/394o2EF

Increased Mainstream Adoption of Bitcoin Cuts Diversification Benefit, JPMorgan Says

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin's correlation with traditional markets could "erode" its "diversification value over time."

from CoinDesk https://ift.tt/3ixUmTy

Bitcoin Worries ‘Fading’ as Crypto Goes Mainstream, S&P Says

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

S&P sees "a lot of similarities" between bitcoin and gold, and says concerns about theft of cryptocurrency have diminished with greater mainstream acceptance.

from CoinDesk https://ift.tt/3o4QESA

Bitcoin Slumps to $31K on Sell-Off in US and Europe

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

Uncertainty is leading many to take short-term profit, according to the "Coinbase Premium" indicator.

from CoinDesk https://ift.tt/3sLL5w8

Blockchain Bites: Crypto in the Red, BlackRock Green Lights Bitcoin Futures

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

The world's largest asset manager will allow two of its funds to get into bitcoin futures, as Guggenheim speculates a market pullback in the near term.

from CoinDesk https://ift.tt/3bXzB2n

Why Everyone From Square to Facebook Is Now Hosting the Bitcoin White Paper

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

The uploads come in response to legal threats by Craig Wright.

from CoinDesk https://ift.tt/3sEDCia

How Cultural Differences Drive User Adoption in DeFi

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

Despite being virtually identical products at launch, SushiSwap and Uniswap have taken divergent paths as they respond to users, says Multicoin's principal.

from CoinDesk https://ift.tt/3o7pCtT

Bitcoin News Roundup for Jan. 21, 2021

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

With bitcoin dropping as traders turn bearish, CoinDesk’s Market’s Daily is back with the latest news roundup.

from CoinDesk https://ift.tt/2KzBeIm

Chinese City Plans Third Digital Yuan Pilot, Giving Away $3M in Prize Draw

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

Lottery entrants can apply to win 200 digital yuan each.

from CoinDesk https://ift.tt/2MdWsvH

Microsoft, India’s Tanla Launch Encrypted Messaging Infrastructure Built With Blockchain

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

The edge-to-edge encrypted platform is built on Microsoft Azure and accessible by clients via an API.

from CoinDesk https://ift.tt/3p6h5ZA

Signature Bank Adds $2.5B in Non-Interest Bearing Deposits in Q4

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

These deposits are seen as a proxy for growth among crypto-industry clients.

from CoinDesk https://ift.tt/3ixBQLb

Trading Bitcoin in Africa Is a Way for Some to Escape Poverty

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

Learning to trade bitcoin has become a valuable skill set for Africans looking to boost their income.

from CoinDesk https://ift.tt/2Y0npG2

Guggenheim CIO Says Bitcoin May Have Topped Out for Now

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

Guggenheim Partners CIO says bitcoin could retrace all the way back to $20,000.

from CoinDesk https://ift.tt/3o26r4B

Kraken Adds 26 New Crypto Trading Pairs to Capture Growing UK, Australia Markets

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

Kraken's biggest ever expansion of trading pairs is aimed to grow its presence in the two promising markets.

from CoinDesk https://ift.tt/39RyHBZ

eToro Survey Finds Pensions and Endowments Are Finally Waking Up to Crypto

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

The exchange quizzed 25 institutional players about crypto investing, including a couple of pension funds.

from CoinDesk https://ift.tt/3o8GyAa

Russian Court Takes Crypto Exchange Binance off Website Blacklist

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

A court in the Arkhangelsk region had ruled last summer that the site should be blocked, but Binance wasn't notified until months later.

from CoinDesk https://ift.tt/3qEOU4b

First Mover: As Bitcoin Flips Bearish, Neither Biden Nor BlackRock Brightens Mood

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

There's a lot of long-term bulls in the bitcoin market. But in the short-term? Pretty much everyone has suddenly turned bearish.

from CoinDesk https://ift.tt/3qJyVSj

Silvergate Took Nearly $3B in Deposits From Digital Currency Customers in Q4 2020

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

The majority of the new deposits came from cryptocurrency exchange clients.

from CoinDesk https://ift.tt/3ivZ7gF

Nebraska Lawmaker Introduces Bills That Would Permit Banks to Custody Crypto

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

Senator Mike Flood hopes to pass the bill in order to make Nebraska a financial technology hub and create new jobs.

from CoinDesk https://ift.tt/391gUcq

Nebraska Lawmaker Introduces Bills That Would Permit Banks to Custody Crypto

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

Senator Mike Flood hopes to pass the bill in order to make Nebraska a financial technology hub and create new jobs.

from CoinDesk https://ift.tt/391gUcq

Bitcoin Option Traders Hedge Against Downside Risk as Price Dips to Near $32K

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

Options traders look to be preparing for further falls in bitcoin's price in the short-term, according to put-call skew data.

from CoinDesk https://ift.tt/3c1ZNJg

Bitcoin.org Rebuts Craig Wright’s ‘Meritless’ Copyright Claim on Bitcoin White Paper

January 21, 2021 / in CoinDesk, Coins Feeds / with No comments /

The open-source project said it would not comply with Wright's demand to take down its copy of the iconic founding document.

from CoinDesk https://ift.tt/395zPCZ

Former Ripple Board Member Tapped to Lead Biden’s OCC: WSJ

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Wall Street Journal is reporting former Treasury official Michael Barr will replace Brian Brooks as Comptroller of the Currency.

from CoinDesk https://ift.tt/3qxPQY2

Proposed Crypto Wallet Rule Among Those Frozen by Biden Pending Review

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

Crypto advocates, fiercely opposed both the proposed rule and the initial attempt by the previous administration to rush it through.

from CoinDesk https://ift.tt/35ZjFsE

Is Janet Yellen #Bitcoin’s Biggest Enemy or Greatest Asset? Yes

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

As a new administration is sworn in, how will one if its most important officials – nominated Treasury Secretary Janet Yellen – impact the digital assets space?

from CoinDesk https://ift.tt/2XWrHxY

Bitcoin Sells Off on Bearish Sentiment, Yellen Worries

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink.

from CoinDesk https://ift.tt/35YaSqO

The Relationship Between US Government Debt and Bitcoin, Explained

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoiners are looking for persistent USD inflation to validate their favorite asset. That’s unlikely to happen soon, economists say, but low interest rates are still a boon for BTC.

from CoinDesk https://ift.tt/3iv4tZr

Bitcoin Miner Bit Digital Hits Back at ‘False Accusations’ of Fraud

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

The company shed $130 million in value after J Capital’s report.

from CoinDesk https://ift.tt/2LNEhNC

Blackrock Give Two Funds Go-Ahead to Invest in Bitcoin Futures

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

The world's largest asset manager appears to be getting into the bitcoin game.

from CoinDesk https://ift.tt/3p1sDxe

Blockchain Bites: Bitcoin Bubble, Toil and Trouble

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

Also: "Market professionals" think assets are overheating while Yellen voices concern over bitcoin.

from CoinDesk https://ift.tt/3p6pCLS

Dear Crypto Derivatives Industry, Let’s Not Repeat 2008

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

As the crypto derivatives industry begins to take off, it needs to avoid the lack of transparency that plagued the industry in the 2000s, when the financial system collapsed.

from CoinDesk https://ift.tt/35W8yRa

Bitcoin News Roundup for Jan. 20, 2021

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

With the price of BTC down and a new report out on the decrease in criminal crypto activity, CoinDesk’s Market’s Daily is back with the latest news roundup.

from CoinDesk https://ift.tt/3sBBp78

Ether’s Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat Global

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

Fundstrat strategist David Grider based his bullish prediction in part on the promise of Ethereum's technology.

from CoinDesk https://ift.tt/3qJ1FuN

Bitpanda Launches Debit Card That Lets Users Spend Fiat, Crypto and Precious Metals

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

Users can select any investment in their Bitpanda account to fund payments with the physical Visa card.

from CoinDesk https://ift.tt/3sGROay

Salesforce, Lime Execs Join Board of Polkadot-Inspired Cere Network

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

Cere’s new board members don’t want a “half-assed approach” to enterprise blockchain.

from CoinDesk https://ift.tt/2NmFUCx

Privacy Coin Firo Currently Experiencing 51% Attack

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

Firo's Twitter account said that it would recommend that users not make transactions during this time, and that it was working with exchanges and pools.

from CoinDesk https://ift.tt/3o0Szrw

First Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time High

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Ethereum blockchain ecosystem is growing fast with decentralized finance, or DeFi, and some traders say the cryptocurrency ether could notch further gains after hitting a new all-time high price.

from CoinDesk https://ift.tt/3sHxtBR

Lightspeed, Pantera Join $20M Raise for Crypto Market Maker Wintermute

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Series B will fund a push into Asia and the launch of a derivatives business.

from CoinDesk https://ift.tt/3sF8cZ3

Thai SEC Tells Bitkub Crypto Exchange to Improve Platform After Trading Outages

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

The financial regulator ordered the Bitkub exchange to close and fix issues that caused several outages as prices spiked this month.

from CoinDesk https://ift.tt/3sIZF7y

European Commission, ECB Unite to Consider Potential Pitfalls of the Digital Euro

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

The digital euro project may get underway in mid-2021 after a period of reviewing any "policy, legal and technical questions" by the two institutions.

from CoinDesk https://ift.tt/2XTQqmO

Valid Points: Why Ethereum 2.0 Shifts How Investors Value ETH

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

The use case of ether has shifted with the launch of Ethereum 2.0. Here’s why that matters.

from CoinDesk https://ift.tt/39SQPvr

Bitcoin Falls 5% Despite Continued Accumulation by Investors

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin fell from $36,000 to $34,000 Wednesday morning, despite continued buying from investors.

from CoinDesk https://ift.tt/3qCBC8p

Thai Stock Exchange Launching Digital Asset Trading in H2, Cryptos Excluded

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

Listing cryptocurrencies could harm the stock exchange’s image and lose investor confidence, an executive said.

from CoinDesk https://ift.tt/2NgQoDf

Over Half of Investors Think Bitcoin, Tesla Stock Are Biggest Bubbles: Deutsche Bank Survey

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

While many respondents saw bitcoin as a major bubble, 25% believed it could double its price tag to north of $70,000 by the start of 2022.

from CoinDesk https://ift.tt/3c8Iab1

BMW, Ford Advance Standard for ‘Tamper-Proof’ Blockchain Identities for Vehicles

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

A new standard developed in a MOBI working group is aimed to tackle used car fraud with verified car histories.

from CoinDesk https://ift.tt/3sGaWFr

Trustee of Collapsed Exchange to Ask Court to Resolve Crypto vs. Fiat Creditor Claims Tussle

January 20, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bankruptcy trustee EY is trying to resolve a dispute over how to value cryptocurrencies recovered from QuadrigaCX.

from CoinDesk https://ift.tt/35TaH04

Trump Pardons Ripple Board Member Ken Kurson; Ulbricht, Snowden Not on List

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

Silk Road’s Ross Ulbricht was not among the 143 individuals to receive clemency from the President, despite reports he was being considered.

from CoinDesk https://ift.tt/3sHT9Oo

Market Wrap: Bitcoin Hangs at $36.4K While Ether Flies to Over $1.4K

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

The price of bitcoin has traded in a tight range Tuesday.

from CoinDesk https://ift.tt/3iAFLac

Bitcoin Is Aiding the Ransomware Industry

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

We are living in a world where the second-order effects of permissionless money – like the greater use of ransomware – are already evident.

from CoinDesk https://ift.tt/3c0syWZ

Coinbase Buys Blockchain Infrastructure Startup Bison Trails

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bison Trails already partnered with Coinbase through its custody service.

from CoinDesk https://ift.tt/35S2KrR

Goldman Sachs Can No Longer Dismiss Bitcoin

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

According to a Goldman insider, the investment bank will leap into crypto custody soon.

from CoinDesk https://ift.tt/3bToJT7

Blockchain Bites: ‘Crowded’ Crypto Traders, Ether All-Time High, the Bitcoin Battery Proposal

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin's environmental impact has become top focus for some critics as traders go "long BTC" and Dunamu reveals a “fear and greed” index.

from CoinDesk https://ift.tt/2XWhVw4

Janet Yellen Says Cryptocurrencies Are a ‘Concern’ in Terrorist Financing

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

The U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said.

from CoinDesk https://ift.tt/3bUAj0g

The US Can Make Bitcoin Mining Greener

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

With companies like Square announcing environment-focused mining initiatives, the U.S. can take the lead in reducing bitcoin's carbon impact.

from CoinDesk https://ift.tt/3sF6Tta

French Central Bank Trials Digital Currency for Interbank Settlement

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

The pilot involved the settlement on a private blockchain of around €2 million.

from CoinDesk https://ift.tt/3bVgeai

Brave Becomes First Browser to Offer Native IPFS Integration

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

IPFS integration gives Brave users easier access to the protocol while improving the overall resilience of the internet.

from CoinDesk https://ift.tt/3bNVjpE

Bitcoin News Roundup for Jan. 19, 2021

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

With more traders betting on bitcoin than tech stocks and ether briefly reaching an all-time high, CoinDesk’s Market’s Daily is back with the latest news roundup.

from CoinDesk https://ift.tt/35Uzsc9

Criminal Activity in Crypto Transactions Fell Sharply in 2020, Says Chainalysis

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

Partly offsetting the positive trend is an explosion in ransomware attacks, which rose 311% from 2019.

from CoinDesk https://ift.tt/35SFkmc

Saddle Raises $4.3M for Slippage-Free DeFi Trading

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

Silicon Valley's Saddle is solving the stablecoin spread that currently dogs DeFi.

from CoinDesk https://ift.tt/2LPJvsa

Extremism and Cryptocurrency: The Story Too Big to Ignore

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

In this episode, Anna Baydakova, Danny Nelson, and Tanzeel Akhtar discuss livestreaming the insurrection on a blockchain, Iran taking the mining industry under control, and if Europe can regulate bitcoin.

from CoinDesk https://ift.tt/3bULM0a

State of Crypto: What the Crypto World Should Watch for in the Biden Era

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

The incoming president has already announced he would tap pro-crypto, pro-regulation Gary Gensler to lead the SEC, but a number of other names and issues remain outstanding.

from CoinDesk https://ift.tt/2LKJYvT

First Mover: Ether Steals Limelight With New All-Time High Price as Bitcoiners HODL

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

Crypto traders shift focus to ether as second-largest cryptocurrency surges to new record price, but bitcoiners aren't going anywhere.

from CoinDesk https://ift.tt/3iq4e1E

Thieves Grab $451K in Cash From Hong Kong Crypto Trader

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

The robbers lured a female cryptocurrency trader into an office and threatened her with a weapon, according to a report.

from CoinDesk https://ift.tt/35WwCnf

Ethereum’s Ether Cryptocurrency Sets New Price Record on Major Exchanges

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

Ether (ETH) has broken its previous all-time high set in January 2018 with a rise to $1,439.

from CoinDesk https://ift.tt/35RpUyU

UK’s NHS Taps Blockchain Tech to Monitor Coronavirus Vaccine Cold Chain

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

Hedera Hashgraph's blockchain platform will provide the health service with a tamperproof record of vaccine temperatures, the firm said.

from CoinDesk https://ift.tt/2LKFhSM

Bitcoin Becomes Most-Crowded Trade After Passing ‘Long Tech’: Bank of America Survey

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bank of America's January survey of fund managers indicated bitcoin is now seeing the most capital inflow.

from CoinDesk https://ift.tt/3syT4MZ

South Korea’s Dunamu Launches Bitcoin ‘Fear and Greed’ Index to Guide Traders

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

The tool is aimed to help traders make better decisions based on market sentiment.

from CoinDesk https://ift.tt/2Y6G9E1

Enjin Coin Becomes First Gaming Cryptocurrency Whitelisted for Use in Japan

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

ENJ has been given the official nod by the Japan Virtual Currency Exchange Association, a self-regulatory body.

from CoinDesk https://ift.tt/3sA9EMi

Bitcoin’s Price Must Pass $40K to Halt Exodus of Traders: JPMorgan Analysts

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

A bearish outlook may be triggered if bitcoin doesn't claw its way back over $40,000, the analysts said.

from CoinDesk https://ift.tt/3oWLauA

India’s Largest Crypto Exchange Launches User-Friendly App, Eyes 50M New Users

January 19, 2021 / in CoinDesk, Coins Feeds / with No comments /

Aimed to appeal to crypto newcomers, CoinDCX Go allows users to trade smaller denominations of 14 of the industry's top assets.

from CoinDesk https://ift.tt/39MnEdc

CoinShares to Launch a Bitcoin ETP on SIX Swiss Exchange

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

It joins several other ETP providers on the exchange, including ETC Group, with its own physically backed bitcoin product.

from CoinDesk https://ift.tt/3sEkukz

Lyn Alden on Why the Dollar System No Longer Serves the US or the World

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

At the end of an 80-year global debt supercycle, who benefits from having the U.S. dollar as the world’s reserve currency?

from CoinDesk https://ift.tt/3qumR7w

Blockchain Bites: Goldman Sachs Investigates Crypto Custody, Solving the Blockchain ‘Trilemma’

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

Also: Coinbase plans infrastructure updates to prevent outages during periods of volatility.

from CoinDesk https://ift.tt/3qtXx1u

Bitcoin News Roundup for Jan. 18, 2021

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

With BTC hovering around $36,000 and Iran's government blaming miners for recent blackouts, CoinDesk’s Market’s Daily is back with the latest news roundup.

from CoinDesk https://ift.tt/3sAINzA

Nvidia May Restart Production of Crypto Mining GPUs if Demand Sufficient

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

Selling dedicated crypto cards would alleviate pressure on Nvidia's consumer models.

from CoinDesk https://ift.tt/3nW33Z8

Gary Gensler Confirmed as Joe Biden’s SEC Chair Pick

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

Gary Gensler has taught courses about blockchain at MIT.

from CoinDesk https://ift.tt/2XXxvat

Huobi Global Connects to European Banking System via UK’s BCB Group

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

The crypto exchange is partnering with BCB Group to get instant GBP and euro settlement for its customers.

from CoinDesk https://ift.tt/39IY88H

Former Canadian Prime Minister Lists Bitcoin as Possible Future Reserve Currency

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

Stephen Harper said "the number of things that people use as reserves will expand," but the U.S. dollar will still retain its dominant role.

from CoinDesk https://ift.tt/35OpvgE

Chainlink Hits Record High, Altcoins Rally Amid Bitcoin Consolidation

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

Chainlink's LINK token set a new record price early on Monday, and other altcoins are seeing solid gains.

from CoinDesk https://ift.tt/3iwf8TO

Livecoin Exchange Announces Closure After December Hack

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

Following an alleged December breach, the trading platform now says it will close and repay users any remaining funds.

from CoinDesk https://ift.tt/3p8h0Vn

Australian Bitcoin Trader Takes Banks to Tribunal After Sudden Account Closures

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

The trader had operated a registered digital currency exchange, but said he was unable to continue operating without banking services.

from CoinDesk https://ift.tt/2NhvWCn

Publisher of ‘Infinite Fleet’ Game Kicks Off Token Offering With $1M Tether Investment

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

The security token offering enables investors in select EU countries to share in future profits, Exordium says.

from CoinDesk https://ift.tt/35T4mSj

Bitcoin Struggles to Recover After Biggest Weekly Price Loss Since September

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

Prices fell by 6% in the seven days to Jan. 17, a weekly fall not seen since the first week of September.

from CoinDesk https://ift.tt/39LvDHo

Coinbase Joins $6M Funding Round for Licensed Middle-East Exchange Rain Financial

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

The $6 million Series A round was led by Middle-Eastern VC firm MEVP Capital.

from CoinDesk https://ift.tt/3nTREcm

Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations

January 18, 2021 / in CoinDesk, Coins Feeds / with No comments /

The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate.

from CoinDesk https://ift.tt/3nXrVzw

Offline Travel App Maps.Me Raises $50M in Seed Funding Led by Alameda Research

January 17, 2021 / in CoinDesk, Coins Feeds / with No comments /

The funding will go toward the launch of a multi-currency wallet on Maps.me and enable a decentralized finance (DeFi) ecosystem.

from CoinDesk https://ift.tt/2N3zMif

Crypto Long & Short: No, Bitcoin Is Not in a Bubble

January 17, 2021 / in CoinDesk, Coins Feeds / with No comments /

Commentators and analysts who say bitcoin is in a “bubble” show they don’t understand what the term means.

from CoinDesk https://ift.tt/3svQIOK

China’s Blockchain-Based Service Network to Integrate Central Bank Digital Currency

January 17, 2021 / in CoinDesk, Coins Feeds / with No comments /

The BSN expects to complete integrations with a total of 30 public blockchains this year.

from CoinDesk https://ift.tt/2XRaeqI

Grayscale Raises $700M+ in a Day, Its Largest Daily Asset Raise Ever

January 17, 2021 / in CoinDesk, Coins Feeds / with No comments /

In Q4 2020, the company raised $3.3 billion across its cryptocurrency investment vehicles.

from CoinDesk https://ift.tt/3qtPxgR

Ripple is Hiring Director of Engineering for RippleX Platform

January 17, 2021 / in CoinDesk, Coins Feeds / with No comments /

The planned new hire along with a recent expansion show Ripple does not seem deterred by legal troubles in the U.S.

from CoinDesk https://ift.tt/38Uds2Y

Bitcoin’s Massive Swings Give Pause to CFOs Mulling Reserve Investment: Bloomberg

January 17, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin’s 30% price correction was enough to give some CFOs second thoughts.

from CoinDesk https://ift.tt/3ikLlgJ

Coinbase Redoing Infrastructure to Prevent Outages During Peak Times

January 17, 2021 / in CoinDesk, Coins Feeds / with No comments /

The exchange also said it's working to improve its customer service response time, another source of complaints.

from CoinDesk https://ift.tt/2LUNLqa

‘You’re Starting To Democratize Access.’ Arca’s Jeff Dorman on Crypto’s Impact on Organizational Structure and Other Big Trends to Look for in 2021

January 17, 2021 / in CoinDesk, Coins Feeds / with No comments /

A leading crypto investor on the year-ahead for bitcoin, NFTs, India and DeFi community tokens. Your host is Ben Schiller.

from CoinDesk https://ift.tt/3imGICI

‘America and Sound Money,’ the Most Important Bitcoin Essay of the Last Year

January 17, 2021 / in CoinDesk, Coins Feeds / with No comments /

A reading of the “Stone Ridge 2020 Shareholder Letter” by Ross Stevens.

from CoinDesk https://ift.tt/3qsyNGP

Central Bank Digital Currencies Not a ‘Fad,’ MetLife Investment Says

January 16, 2021 / in CoinDesk, Coins Feeds / with No comments /

The investment giant predicts CBDCs will continue gaining steam, although Western central banks have more outstanding questions than answers.

from CoinDesk https://ift.tt/2XMiLLF

Russian Metals Firm Norilsk Nickel Backs IBM’s Responsible Sourcing Blockchain Pact

January 16, 2021 / in CoinDesk, Coins Feeds / with No comments /

The technology is aimed at tracing commodity flows in near real-time and cut paperwork.

from CoinDesk https://ift.tt/35MlTf8

Crashes, Rallies and Stimulus: A Normal Week for 2021 Bitcoin

January 16, 2021 / in CoinDesk, Coins Feeds / with No comments /

The second full business week of January has demonstrated many trends that NLW argues will shape bitcoin and crypto throughout the year.

from CoinDesk https://ift.tt/35O3iiB

3iQ’s Canadian Bitcoin Fund Hits C$1B in Market Cap

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

The digital asset manager also reached C$1 billion in net asset value this week.

from CoinDesk https://ift.tt/2KhoAgW

K-Pop Sensation Mamamoo to Mint Digital Collectibles on Polkadot

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

The popular K-Pop girl band's parent company RBW is now selling its singers' digital products on the blockchain.

from CoinDesk https://ift.tt/38PBNr0

Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin may be down now but there is still growing demand for crypto assets, one analyst said.

from CoinDesk https://ift.tt/3ilMXXp

Goldman Sachs to Enter Crypto Market ‘Soon’ With Custody Play: Source

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

Goldman, JPMorgan and Citi are all said to be looking at crypto custody.

from CoinDesk https://ift.tt/3qqw2pC

Wireline Settles SAFT Suit With SEC; Peirce Partially Dissents

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

Wireline is now barred from distributing the tokens it promised investors in its 2018 SAFT sale.

from CoinDesk https://ift.tt/3svDsty

Will Mayor Suarez’s Miami Be the First Major City to Buy Bitcoin?

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

The entrepreneurial mayor brings his recruitment of tech talent to the crypto space with the potential of a 1% investment of the city’s reserves into BTC.

from CoinDesk https://ift.tt/2LReP9U

Fixing Crypto’s Silos

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

Our fragmented status quo - thousands of tokens, hundreds of dapps - will not work indefinitely without interoperability.

from CoinDesk https://ift.tt/39vLdqE

Mt. Gox Creditors Can Claim 90% of Bitcoin Left in Bankruptcy: Bloomberg

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

The agreement is subject to creditor acceptance.

from CoinDesk https://ift.tt/3su0QYk

Why Celsius Thinks CEL Won’t Receive the Same SEC Treatment as XRP

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

In an interview with CoinDesk TV, CEO Alex Mashinsky explained why CEL has drawn recent interest from altcoin investors.

from CoinDesk https://ift.tt/3qt6N67

Blockchain Bites: Coinbase Wants to Crowdsource Asset Listings; What’s Up With Tether’s Bank?

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

Deltec invested some clients' funds in bitcoin, but not Tether's, the bank confirms. So what exactly is backing tether?

from CoinDesk https://ift.tt/2XFUIy5

Money Reimagined: Bitcoin’s Warning for Central Banks

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin's rising price reflects declining faith in the existing financial system. Will central bankers like Christine Lagarde take notice?

from CoinDesk https://ift.tt/3if2jNv

Bitcoin News Roundup for Jan. 15, 2021

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

With the price of BTC bouncing off $40K and the Fed in no rush to issue its own token, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

from CoinDesk https://ift.tt/2N9aNKA

Crypto, Washington and the Internet Age, With Christopher Giancarlo and Marvin Ammori

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

An insiders look at how new, disruptive technology and government interact.

from CoinDesk https://ift.tt/2Klh7xy

First Mover: Biden’s $1.9T Plan Shows ‘Blue Wave’ Bitcoiners Saw Coming

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Federal Reserve might need to print money to help finance Biden's coronavirus relief proposal, to keep Treasury bond interest rates from climbing.

from CoinDesk https://ift.tt/39A1JpB

MahaDAO’s Algorithmic ‘Valuecoin’ Goes Live on Ethereum

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

ARTH tries to maintain its value over time compared to other stablecoins that lose value as the dollar is inflated.

from CoinDesk https://ift.tt/2N7YXAp

Bittrex Won’t Disclose Why It Withdrew Support for Dash, Zcash, Monero

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

As of today, zcash, monero and dash won’t be included among Bittrex’s tradable assets.

from CoinDesk https://ift.tt/3bI56xu

Advisers Allocating Crypto in Clients’ Portfolios Rose 49% Last Year: Survey

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

The number of advisers allocating to crypto in client portfolios rose from 6.3% to 9.4% in 2020.

from CoinDesk https://ift.tt/2KgGZum

Biden’s $1.9T Relief Package Proposal Fails to Stir Bitcoin Market

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

The U.S. dollar's rise on the news maybe be playing spoilsport to the bitcoin bulls.

from CoinDesk https://ift.tt/3ihW1wI

JPMorgan Provides $100M Financing Facility for Blockchain Mortgage Platform Figure

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions.

from CoinDesk https://ift.tt/2LTEVJ6

Bitcoin ETP Trading at Levels Seen by Top European ETFs: FT

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

Only one major ETF was trading at volumes slightly higher than the BTCetc ETP in the first 11 days of January, says the FT.

from CoinDesk https://ift.tt/35KSFgr

Ripple Tech to Power New Malaysia-Bangladesh Remittance Corridor

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

Malaysia's Mobile Money and Bangladesh's bKash will leverage RippleNet for wallet-to-wallet transactions.

from CoinDesk https://ift.tt/35DFpdB

Bitcoin Worth $1.2M Seized From India Hacker

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

"Shreeki" allegedly hacked government portals, bitcoin exchanges and poker sites.

from CoinDesk https://ift.tt/3nJAlKY

Liquidators of South African Bitcoin Trading Club Request Greater Probe Powers

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

Placed under provisional liquidation last month, Mirror Trading had claimed to be able to offer returns of 10% a month using bots to trade client's bitcoin.

from CoinDesk https://ift.tt/2LA4QWz

EU Parliament Receives Petition Seeking to Establish Crypto Crime Victims’ Fund

January 15, 2021 / in CoinDesk, Coins Feeds / with No comments /

The petition asks the EU to take a tiny fee on crypto transactions to be pooled into a fund for victims of fraud and hacks.

from CoinDesk https://ift.tt/3qhCoHy

Blockchain Bites: OCC’s Head Stepping Down, Anchorage to Become First National ‘Digital Asset Bank’

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

Brian Brooks finalized the controversial Fair Access to Banking rule in what could be his last act in office.

from CoinDesk https://ift.tt/3srRzjy

Sci-Hub Leaves Handshake Blockchain After 2 Days, Citing Centralization Concerns

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

Sci-Hub, a pirate library of academic papers censored by Twitter, PayPal and domain systems, left the distributed domain platform Handshake after two days, unsatisfied by the level of decentralization.

from CoinDesk https://ift.tt/3oIJ01m

Coinbase Wants to List Your Crypto Asset

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

"Our directive is to list every compliant asset possible," the exchange wrote Thursday.

from CoinDesk https://ift.tt/38GTgS8

Privacy Coin Firo Launches ‘Privacy by Default’ Protocol on Mainnet

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

Lelantus introduces “on-by-default” privacy while also allowing partial redemptions of Firo’s burn-and-redeem model.

from CoinDesk https://ift.tt/35G288F

Latest Music Act to Launch a Social Token: Portugal. The Man

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Grammy Award–winning band is turning to Rally to join the ranks of musicians launching fan engagement tokens.

from CoinDesk https://ift.tt/3oQrU1S

Bitcoin News Roundup for Jan. 14, 2021

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

With bitcoin bouncing back up and approval of the first federally chartered crypto bank, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

from CoinDesk https://ift.tt/35Hh1HR

Grayscale’s Crypto Products Raised Over $3B Last Quarter, the Most Ever

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

Grayscale's popular bitcoin trust once again led the pack with over $200 million in inflows every week.

from CoinDesk https://ift.tt/3bL7q6Z

Paxos Makes Fresh Push for DeFi Market With New Oracle Integration

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

Paxos’ stablecoin tokens have mainly been playing catch-up since the DeFi spike in 2020.

from CoinDesk https://ift.tt/3bMA5Z0

Bitcoin Price Briefly Revisits $40,000 as Bulls Pare Week’s Losses

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin has rallied nearly 15% in the past 24 hours. Ether hits $1,200.

from CoinDesk https://ift.tt/3idRPOh

DC Magistrate Judge Calls Unhosted Wallet ‘Horror Story’ a ‘Fiction’

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

“Indeed, cash poses a greater challenge to law enforcement than cryptocurrency in unhosted wallets," wrote Judge Zia Faruqui in an opinion on a forfeiture case.

from CoinDesk https://ift.tt/3sp9lUv

First Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin in the Crosshairs

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin's powerful move over the past couple of months to more than $700 billion in market value is suddenly commanding more attention from global financial regulators.

from CoinDesk https://ift.tt/35G9glB

FinCEN Extends Comment Period for Controversial Crypto Wallet Rule

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Financial Crimes Enforcement Network is extending its comment period for a controversial surveillance rule that had the crypto industry up in arms.

from CoinDesk https://ift.tt/2LQjWqy

Fireblocks Rolls Out Staking Rewards for Eth 2.0, Polkadot and Tezos

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

The institution-focused crypto custodian is bringing staking services to its 165-plus customers.

from CoinDesk https://ift.tt/3sj5Grc

Twitter, Trump and the ‘Private Company’ Fallacy

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

Defending deplatforming as the right of private companies assumes that truly private companies are possible. They may not be.

from CoinDesk https://ift.tt/2Lwqmvm

Winklevoss Twins Considering Taking Gemini Public: Report

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

"We are certainly open to it,” Cameron Winklevoss said in the interview.

from CoinDesk https://ift.tt/3bDIEW1

OKEx Adds More Coin-Margined Perpetual Swaps for Real-Time Settlement

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

OKEx adding more swaps to its real-time settlement function that went live on Dec. 29, 2020.

from CoinDesk https://ift.tt/38KfEua

UK Man Offers Council $72M If He’s Allowed to Search Dump and Finds Discarded Bitcoin Trove

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

A UK IT engineer who mistakenly threw away a hard drive with around £210 million ($288 million) of bitcoin on it is applying to the local government to search wasteland for the device. Read more: UK Treasury Calls for Feedback on Approach to Cryptocurrency and Stablecoin Regulation

from CoinDesk https://ift.tt/3nJAazg

Bitcoin Bounces as Options Market Sees 20% Chance of $50K at Month’s End

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

While a 31% rally to $50,000 in two weeks may be challenging to envision, it is far from impossible, given bitcoin's prior rallies.

from CoinDesk https://ift.tt/3bEydl6

Winklevoss-Founded Gemini to Offer Credit Card With Crypto Rewards

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

Gemini, the cryptocurrency exchange and custodian founded by the Winklevoss brothers, has launched the Gemini Credit Card offering cryptocurrency rewards. Read more: Gemini Donates $50K to HRF to Help Fund Another Round of Bitcoin Developers in 2021

from CoinDesk https://ift.tt/3sjAc4p

Deribit Exchange Raises Maximum Bitcoin Options Strike Price to $400K

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

The eye-watering strike option supplants the company's previous $300,000 maximum offering listed on Jan. 9.

from CoinDesk https://ift.tt/3oMxVwc

Crypto Buyers Face ‘Possible Limitations’ on eToro This Weekend

January 14, 2021 / in CoinDesk, Coins Feeds / with No comments /

The company cited issues relating to poor liquidity in the face of heightened demand.

from CoinDesk https://ift.tt/35C7oug

Bitfarms Closes Its Second $15M Private Placement in a Week

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitfarms was able to sell far few shares for the same amount of proceeds thanks to a 45% rise in its stock price in the last week.

from CoinDesk https://ift.tt/35Fz0OV

‘Was This Correct?’ Twitter’s Dorsey Asks About Banning Trump and Then Says ‘Yes’

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

Twitter CEO Jack Dorsey took to (where else?) Twitter to ask the question “was this correct?” regarding his company’s decision to ban U.S. President Donald Trump from the platform following last week’s attack on the Capitol. After that opening expression of doubt, he proceeded to answer that yes, it was. This story is developing and […]

from CoinDesk https://ift.tt/2LtbaPu

La carrera de Colombia por convertirse en un mercado líder de criptomonedas en la región

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

Durante el año 2020, Colombia experimentó un gran incremento del uso de criptomonedas como reserva de valor y con fines transaccionales.

from CoinDesk https://ift.tt/2XBYEjd

‘No Middle Ground’: Inside Colombia’s Race to Become A Major Regional Crypto Market

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction.

from CoinDesk https://ift.tt/3qhotBn

Financial Censorship After Capitol Riot ‘Truly Chilling,’ Says OCC Chief Brian Brooks

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

“Money might be controlled by a handful of elites,” the departing bank regulator said at a Wednesday event. “Crypto is about freedom.”

from CoinDesk https://ift.tt/3nE6d3l

Bitcoin News Roundup for Jan. 13, 2021

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

With BTC looking at gloomy short-term price predictions and altcoins on the rise, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

from CoinDesk https://ift.tt/3bxEEGN

Digital Asset Manager Arca Raises $10M

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

Asset management firm Arca has announced Wednesday the closure of a $10 million Series A round of funding led by RRE Ventures. Read more: Arca Labs Launches Ethereum-Based SEC-Registered Fund

from CoinDesk https://ift.tt/3sfVsYC

Ex-Ripple CTO Can’t Remember Password to Access $240M in Bitcoin

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

Just call it Schrödinger's bitcoin.

from CoinDesk https://ift.tt/3slHmoH

Compute North, Foundry Team Up to Target North American Bitcoin Miners

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

The partnership is designed to lower the high cost of entry for would-be bitcoin miners.

from CoinDesk https://ift.tt/3spEqrk

Chinese Hospital Issues First Electronic Bill on Blockchain

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

Hainan is one of the few provinces that have successfully incorporated blockchain technology into their public institutions’ online administrative platforms.

from CoinDesk https://ift.tt/2Xyycaa

CrossTower Launches Capital Markets Desk to Bring Institutions to Its Spot Exchange

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

“Ultimately we end up with something that looks and feels a little bit like what you see in the prime brokerage space.”

from CoinDesk https://ift.tt/2Lxk9iF

Ledger Adds Bitcoin Bounty and New Data Security After Hack

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

Ledger was also targeted by hackers in Shopify's data breach.

from CoinDesk https://ift.tt/3oGkluz

First Mover: Don’t Like $34K Bitcoin? Stellar, Litecoin Yet to Conquer Old Highs

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

Though bitcoin's rally has lost some steam, many traders are still in a bullish mood – and shifting to alternative cryptocurrencies known as "altcoins" whose prices have yet to clear all-time highs from years past.

from CoinDesk https://ift.tt/35TwAN1

US Navy Commissions $1.5M Blockchain System for Tracking Critical Weaponry

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

Blockchain firm SIMBA Chain won a contract to build a system to anticipate demand for "critical" military weaponry parts.

from CoinDesk https://ift.tt/39x2AHs

New Bitcoin ETP Launches on Swiss Stock Exchange SIX

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

The BTCetc bitcoin ETP (BTCE) tracks the price of bitcoin and is physically backed.

from CoinDesk https://ift.tt/3i9Wocj

Valid Points: Price Dips, 60K Validators and Eth 2.0’s ‘Graffiti’ Messages

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

The price of ether dove hard last weekend, but the number of validators joining the Eth 2.0 network continues to grow, regardless of price movements.

from CoinDesk https://ift.tt/38JKbIB

Analysts Are Gloomy About Bitcoin’s Short-Term Price Outlook Right Now

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

Some are now forecasting an extension of Monday's 20% price drop as more bitcoin moves onto exchanges and institutional demand cools.

from CoinDesk https://ift.tt/3oGVkzj

Bitcoin Miner Marathon to Raise $250M in Direct Stock Offering

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Las Vegas company has agreed a direct offering of 12.5 million shares of common stock at at $20 per share.

from CoinDesk https://ift.tt/3soUzNI

BitGo Taps Former Coinbase Exec Jeff Horowitz as Chief Compliance Officer

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

Jeff Horowitz led Coinbase’s global compliance program until his departure in October.

from CoinDesk https://ift.tt/3nEyBTb

Winklevoss’ Gemini Would Back New Bitcoin ETF Application in Canada

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

The ETF is planned to be listed on the Toronto Stock Exchange (TSX) under the ticker "BIT.U.”

from CoinDesk https://ift.tt/3oFzcoX

ECB’s Christine Lagarde Says ‘Speculative’ Bitcoin Needs Regulation

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

In a speech at a Reuters online event Wednesday, Lagarde said bitcoin was a speculative asset.

from CoinDesk https://ift.tt/38GG7c2

Owner of Crypto Exchange RG Coins Gets 10 Years in Prison for Laundering $5M

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

The 53-year-old Bulgarian national was convicted for laundering funds via cryptocurrency for a fake online auctions gang.

from CoinDesk https://ift.tt/3qcB4G7

Goldman Sachs Exec Says More Institutional Investment Would Calm Bitcoin Volatility

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

Global head of commodities research Jeff Currie believes the amount of institutional money in bitcoin needs to grow to mature the asset.

from CoinDesk https://ift.tt/3bMzEhJ

Largest Dark Web Market Taken Offline as Alleged Operator Arrested in Germany

January 13, 2021 / in CoinDesk, Coins Feeds / with No comments /

The DarkMarket site was thought to be the world's largest illegal online marketplace.

from CoinDesk https://ift.tt/3oGR3vN

Coinbase Apologizes to UK and EU Customers Hit By Regulatory Lockouts

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

The mea culpa was mum on Coinbase's broader troubles in keeping global trading running smoothly.

from CoinDesk https://ift.tt/2LraASs

Blockchain Bites: Bitcoin Rebounds, Addresses Above 2017 Peak, Sci-Hub Decentralizes

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

Content moderation decisions from Amazon, Shopify and Twitter following the Capitol riots in Washington, D.C., on Jan. 6 have put efforts to “decentralize” the web into sharp relief.

from CoinDesk https://ift.tt/3bzhgJ0

Bitcoin Options Volume on Deribit Already 25% of 2020 Total

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

$14.5 billion in bitcoin options have traded on Deribit in the first two weeks of 2021.

from CoinDesk https://ift.tt/38En5mC

Bitcoin News Roundup for Jan. 12, 2021

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

With BTC regaining lost ground and a special feature on what long-timers in the crypto industry think about this year's rally, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

from CoinDesk https://ift.tt/3qhVP2X

Fidelity International Invests $6M in Firm Behind Hong Kong’s OSL Crypto Exchange

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

BC's OSL exchange is the first crypto brokerage to receive Hong Kong regulators' blessing.

from CoinDesk https://ift.tt/3qbxiNa

UK Treasury Calls for Feedback on Approach to Cryptocurrency and Stablecoin Regulation

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

The U.K. government is focusing on stablecoins for the next phase of its development of crypto regulations.

from CoinDesk https://ift.tt/2LIE7H0

Tron Is Out, Dai Is Back: CoinDesk 20 List Updates for 2021 Q1

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

Volume on eight trusted exchanges used by CoinDesk hit $239.98 billion in Q4 2020, up from $90.08 billion in the prior quarter.

from CoinDesk https://ift.tt/3nCKXen

Anchorage Hires Celsius’ Asaf Iram as Head of Risk

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

Digital asset custodian Anchorage has hired its first Head of Risk.

from CoinDesk https://ift.tt/35xUMEl

First Mover: Market Signs Look Healthy as Bitcoin Sell-Off Subsides

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

Record trading volumes have accompanied bitcoin's rally this year, and subsequent swoon, offering a healthy sign of just how much price discovery is taking place in rapidly growing (to $3T?) cryptocurrency markets.

from CoinDesk https://ift.tt/3idLmmE

Bitcoin Whales Kept Accumulating During Monday’s Crash

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

Larger investors, or whales look to have reacted differently than retail investors amid this week's bitcoin price drop.

from CoinDesk https://ift.tt/39rbTZG

Grayscale Once More Accepting New Clients for Most Crypto Trusts

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

Grayscale's ether and XRP trusts are still closed to new investors.

from CoinDesk https://ift.tt/3qqf8HN

NYDIG Taps Fintech Firm Moven to Bring Bitcoin to Your Bank

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

“If PayPal and Square can do it, then community banks should be able to do it too,” said Moven founder Brett King.

from CoinDesk https://ift.tt/3q7XJmI

HashKey Capital Invests $5M in Decentralized Storage Project Filestar

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

The $5 million grant will go towards funding the day-to-day operations of Filestar's foundation.

from CoinDesk https://ift.tt/3bw1pe1

FinCEN’s Crypto Rules Aren’t as Unfair as Jack Dorsey Says

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

Crypto companies complain about FinCEN's new "unhosted wallets" proposal. But the rules aren't unreasonable, says our columnist.

from CoinDesk https://ift.tt/3i5xJpg

As Bitcoin Regains Lost Ground, Options Traders Bet on $52K Move By Late January

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

Some bitcoin traders are buying bullish call options at $52,000 and higher strike prices.

from CoinDesk https://ift.tt/38ASXIu

New Zealand’s Financial Watchdog Warns on Crypto Investment Risks

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

The warning comes a day after the regulator's U.K. counterpart, the Financial Conduct Authority, also raised similar concerns.

from CoinDesk https://ift.tt/3nzPUVu

Avatar Social Platform IMVU Launches Ethereum Token to Power Its Virtual Economy

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

The VCOIN token launch got the green light from the U.S. Securities and Exchange Commission late last year.

from CoinDesk https://ift.tt/39v6ZuO

Ethereum-Based Nexus Mutual Expands Its Decentralized ‘Insurance’ to Centralized Exchanges

January 12, 2021 / in CoinDesk, Coins Feeds / with No comments /

A way to be covered in the event of an exchange hack.

from CoinDesk https://ift.tt/3i2CsZ4

Shanghai Government Invests $5M in Blockchain Startup Conflux

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Shanghai government has invested over $5 million in Conflux while putting the project on a list of 57 companies that focus on emerging technologies.

from CoinDesk https://ift.tt/3nBSElh

Babel Finance Is Letting Crypto Mining Firms Use Machines as Loan Collateral

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

A clever way for bitcoin miners to get better loan terms.

from CoinDesk https://ift.tt/3buRGER

Pirated Academic Database Sci-Hub Is Now on the ‘Uncensorable Web’

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Sci-Hub, a pirate database of academic papers using bitcoin for funding, has joined the distributed domain names network Handshake.

from CoinDesk https://ift.tt/3i5nLEH

GemCoin Founder Sentenced to 10 Years for $147M Crypto Scheme

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

The judge scheduled a restitution hearing for victim investors this summer.

from CoinDesk https://ift.tt/39l3FCh

Eye-Popping Projection for $3T Crypto Market Underpins Bakkt Deal

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bakkt says cryptocurrencies could be a $3 trillion market by 2025, a five-fold increase.

from CoinDesk https://ift.tt/3oFLA8o

Kentucky Bill Seeks to Lure Crypto Miners With Tax Breaks

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Reps. Rudy and Freeland's bill would exempt crypto miners from paying either Kentucky sales or excise tax.

from CoinDesk https://ift.tt/35uroPc

Bitcoin’s Active Addresses, Trading Volumes Now at All-Time Highs

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin's active addresses and trading volumes broke their previous all-time high set in late 2017.

from CoinDesk https://ift.tt/3nCLrkN

Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin’s huge sell-off by over $8,000 in the past 24 hours while options traders clearly are betting that ether is overvalued.

from CoinDesk https://ift.tt/2Le3rVF

Did This Bitcoin Cycle’s FUD Phase Just Begin?

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

As the price crashes more than 20% in 24 hours, NLW describes the “wall of worry” around regulation that might characterize this cycle’s FUD.

from CoinDesk https://ift.tt/3oFe6ac

Institutions Use This Strategy to Hide Their Bitcoin Orders

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Having smaller orders in essence fools the market into thinking there is not much interest at those price levels when in fact there is.

from CoinDesk https://ift.tt/3bv24wn

Now Is the Time to Advance the Decentralized Web

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

After the U.S. Capitol insurrection and Twitter's unilateral ban of President Trump, decentralizing the web has never been more necessary.

from CoinDesk https://ift.tt/2MPhfWN

NYDIG Acquires Digital Assets Data

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

The acquisition bolsters NYDIG's data offerings as it continues to build out an institutional client base.

from CoinDesk https://ift.tt/3sd3Sjv

Bitcoin Erases Most of New Year’s Gains Amid Short-Term Profit-Taking

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Monday's plunge has erased almost all the gains the leading cryptocurrency had achieved in the new year.

from CoinDesk https://ift.tt/2K369MS

Blockchain Bites: Crypto Market Cap Drops Below $1T as Dollar Gains

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Also: Bakkt will go public through a SPAC merger, JPMorgan weighs in on a bitcoin ETF and Dan Larimer is leaving EOS-incubator Block.one.

from CoinDesk https://ift.tt/2MXMShf

Aragon One CEO Jorge Izquierdo Resigns in Protest of ‘Governance’ Decisions

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Aragon One CEO Jorge Izquierdo has resigned, becoming the highest-profile departure in a recent flurry of resignations.

from CoinDesk https://ift.tt/3q3PckO

Binance, Blockchain Firm Orbs to Sponsor New Accelerator for DeFi Innovation

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

The two firms have become core sponsors of the DeFi.org accelerator, which will provide grants for innovative startups working in decentralized finance.

from CoinDesk https://ift.tt/39mgc8v

Bitcoin News Roundup for Jan. 11, 2021

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

With the price of BTC down by more than $8K and an opportunity to trade your crypto for a NYC bar (or two), CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

from CoinDesk https://ift.tt/3buU0eU

Tether Mints Record 2B USDT in One Week

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

The previous record of 1.5 billion USDT was set the week before last.

from CoinDesk https://ift.tt/3sf1etD

Aragon Acquires Voting Project Vocdoni to Flesh Out Decentralized Governance Stack

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Aragon Association has acquired Vocdoni, a decentralized voting project born out of the Catalan independence movement.

from CoinDesk https://ift.tt/39jrWsp

US-Listed Chinese Lottery Firm Plans $14.4M Move Into Bitcoin Mining

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Shares of the company traded up 11% on the news of the deal to purchase miners later this year.

from CoinDesk https://ift.tt/35r9LzO

First Mover: Cryptocurrency Euphoria Hits Breaking Point as Miners Lose Nerve

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Crypto euphoria gets a reality check as bitcoin and ether tumble, though XRP is still trading well as SEC-inflicted damage proves limited.

from CoinDesk https://ift.tt/39ewUGE

Bitcoin Exchange Bakkt Agrees Merger, Will Become Publicly Listed on NYSE

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

The combined company will be called "Bakkt Holdings" and will be listed on the New York Stock Exchange with an expected valuation of $2.1 billion.

from CoinDesk https://ift.tt/35vvvuu

Bitcoin’s Big Drop Again Coincides With Dollar Bounce in Forex Markets

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin's crash Monday came alongside a bounce in the Dollar Index.

from CoinDesk https://ift.tt/2K2ExaH

Chinese Bank Trials Digital Yuan Services at ATMs: Report

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Trials of China's central bank digital currency continue, with ATMs now starting to be used in Shenzhen.

from CoinDesk https://ift.tt/3i0CMYh

Scaling Solution Hermez Network Adds Tether Token to Tackle High Ethereum Fees

January 11, 2021 / in CoinDesk, Coins Feeds / with 1 comment /

Hermez Network sets out to provide faster and cheaper transactions on Ethereum.

from CoinDesk https://ift.tt/3bsnJVX

Crypto Custody Firm Leaves Singapore’s Regulatory Sandbox With License, ISO Rating

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

The firm exits the sandbox with what it claims is the first ISO 27001 certification for a crypto custody provider.

from CoinDesk https://ift.tt/3hZxWum

UK’s FCA Warns Investors of High-Risk Crypto Investments and Scams

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Financial Conduct Authority said investors in cryptocurrency products offering high returns should be prepared to lose "all their money."

from CoinDesk https://ift.tt/3bt8v31

Bitcoin Plummets as Miners Sell Inventory, Spot Markets Panic

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend.

from CoinDesk https://ift.tt/3btTWfI

Biconomy Raises $1.5M in Seed Funding for Bid to Simplify Blockchain Transactions

January 11, 2021 / in CoinDesk, Coins Feeds / with No comments /

Biconomy aims to enable blockchain developers to provide a simplified onboarding and transaction experience for users of Web 3.0 and blockchain projects

from CoinDesk https://ift.tt/38tUGPY

Bitcoin Miner Bit Digital Passes $1B Market Cap

January 10, 2021 / in CoinDesk, Coins Feeds / with No comments /

The company had a total value of $6.2 million a year ago.

from CoinDesk https://ift.tt/3oA3k4Z

Crypto Long & Short: Traditional and Crypto Markets are Starting to Converge

January 10, 2021 / in CoinDesk, Coins Feeds / with No comments /

The latest OCC statement, which opens the door for banks to use blockchains to validate payments, hints at more than just better services.

from CoinDesk https://ift.tt/3i2Qgms

European eToro Traders Call Foul Over Closure of Leveraged Crypto Contracts

January 10, 2021 / in CoinDesk, Coins Feeds / with No comments /

Traders in Europe are threatening legal action against eToro for allegedly closing their leveraged crypto positions without enough notice.

from CoinDesk https://ift.tt/3bqDqNf

A NYC Bar Could Be Yours for Only 25 Bitcoin or 800 Ethereum: Report

January 10, 2021 / in CoinDesk, Coins Feeds / with No comments /

The bar owner says he's hoping "to catch one of these crypto dudes who always wanted to own a bar."

from CoinDesk https://ift.tt/2XpofMl

CTO Dan Larimer Announces Departure From EOS Builder Block.One

January 10, 2021 / in CoinDesk, Coins Feeds / with No comments /

Dan Larimer has left Block.one, the company that raised $4 billion to build the software behind the EOS blockchain.

from CoinDesk https://ift.tt/35v6qQq

Why I Changed My Mind on Bitcoin

January 10, 2021 / in CoinDesk, Coins Feeds / with No comments /

A reading of two recent essays by former bitcoin skeptics who have changed their tunes.

from CoinDesk https://ift.tt/3hXDHZz

Apple Suspends Parler From App Store, Amazon Kicks It Off Web Hosting Service

January 09, 2021 / in CoinDesk, Coins Feeds / with No comments /

The tech giant had reportedly given the service 24 hours to address its concerns.

from CoinDesk https://ift.tt/3oxHsqP

Bitcoin Miners Saw 33% Revenue Increase in December

January 09, 2021 / in CoinDesk, Coins Feeds / with No comments /

Miners earned an estimated $692 million last month.

from CoinDesk https://ift.tt/38uz6ux

Wrapped Bitcoin ‘Burns’ Outpaced Minting for the First Time in December

January 09, 2021 / in CoinDesk, Coins Feeds / with No comments /

BitGo “unwrapped” over 11,600 WBTC last month.

from CoinDesk https://ift.tt/3hYFywX

ETF Could Hurt Bitcoin Price in Short Term: JPMorgan

January 09, 2021 / in CoinDesk, Coins Feeds / with No comments /

An ETF could draw institutional money from the Grayscale Bitcoin Trust, a support for the price of the cryptocurrency, the report said.

from CoinDesk https://ift.tt/38vCntu

Bitcoin Mining Difficulty Hits Record High Amid Miner Revenue Surge

January 09, 2021 / in CoinDesk, Coins Feeds / with No comments /

Mining difficulty passed 20 trillion Saturday morning.

from CoinDesk https://ift.tt/3sjG1yO

Bitcoin Mining Difficulty Hits Record High Amid Miner Revenue Surge

January 09, 2021 / in CoinDesk, Coins Feeds / with No comments /

Mining difficulty passed 20 trillion Saturday morning.

from CoinDesk https://ift.tt/3sjG1yO

Was This The Craziest Week in Bitcoin History?

January 09, 2021 / in CoinDesk, Coins Feeds / with No comments /

Transformative regulatory guidance, important macro tailwinds and, of course, a stunning run-up past $40,000.

from CoinDesk https://ift.tt/38tpbWn

Exchange eToro Seeks to Deter New Users in Sign of Surging Retail Demand for Crypto

January 09, 2021 / in CoinDesk, Coins Feeds / with No comments /

The platform, which mainly caters to "social" or beginner traders, raised its required deposit level to $1,000 from $200.

from CoinDesk https://ift.tt/39k1lv4

Think How Well Bitcoin Would Be Doing if You Could Actually Buy It

January 09, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bailey Reutzel on the frustrations many newbie investors must be facing right now.

from CoinDesk https://ift.tt/3bmvU6f

Donald Trump Banned From Twitter in Final Days of Presidency

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

Twitter has banned Donald Trump's account (@realDonaldTrump) permanently just days after supporters broke into the Capitol Building, citing a review of recent tweets that the social media platform says could lead to further violence.

from CoinDesk https://ift.tt/3nuPKi1

Market Wrap: Bitcoin Crosses $41.9K as Ether Futures Interest Grows 85% So Far in 2021

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin hit a brand-new all-time high as traders are piling into ether futures.

from CoinDesk https://ift.tt/3osQ7e5

The Smart Way to Talk About DeFi’s $22B

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

"TVL isn't the best indicator when ETH and all other crypto is green for weeks," one observer said of DeFi's recent growth.

from CoinDesk https://ift.tt/35njKGy

Asia’s Retail FOMO Could Be Behind XRP’s Rally Despite SEC’s Lawsuit

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

Data and traders reveal the source of XRP's recent price rally could be Asia.

from CoinDesk https://ift.tt/2LeLA0G

BRRR: Biden Readies a New $3T Stimulus Package

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

What a new package including more direct payouts to citizens plus big infrastructure spending mean for bitcoin and markets as a whole.

from CoinDesk https://ift.tt/3pWLDNa

Square Crypto Funds Bitcoin Developer to Improve Mining Pool Software

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

Square Crypto’s latest grant will fund a developer’s work on software that could improve how mining collectives pool hash power.

from CoinDesk https://ift.tt/35myLZ6

Bitcoin Is ‘Less Risky the Higher It Goes,’ Says Investor Bill Miller on CNBC

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

"That's the opposite of what happens with most stocks," the mutual fund legend added.

from CoinDesk https://ift.tt/2Xlt7BR

Money Reimagined: Bitcoin’s Road to Gold

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin may not be "digital gold" just yet. But, with institutions accepting the business case and the price rising, it's well on the way.

from CoinDesk https://ift.tt/3hVdqL8

Blockchain Bites: Bitcoin’s Rich List, Coinbase’s Latest Acquisition

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

Also: Grayscale reports an a rise in participation from pensions while Ripple's Garlinghouse reveals he attempted to settle charges with the SEC ahead of its XRP suit.

from CoinDesk https://ift.tt/2LvsdQS

Charity’s Centralization Problem, Feat. Matthew Davie and Alpen Sheth

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

They call it the charitable-industrial complex: a system where money for development, for humanitarian needs and for improving the lives of billions is controlled through a top-down process, run by U.S. charities and shaped by U.S. tax rules and regulations.

from CoinDesk https://ift.tt/3pZZGBN

Bitcoin News Roundup for Jan. 8, 2021

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

With BTC hitting another record high of $41K plus a look at the ongoing rise and where it could end, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

from CoinDesk https://ift.tt/3bkPrUx

Cryptocurrency Miner Hive Blockchain Passes $1B Market Value

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

Hive last had a $1 billion market value in November 2017.

from CoinDesk https://ift.tt/2MDjqwA

Bitcoin’s Market Value Now Exceeds That of Facebook

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin is currently more valuable than all but six of the world's publicly traded companies.

from CoinDesk https://ift.tt/2JVu6FS

Ethereum 2.0 Explained in 4 Easy Metrics

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

With the launch of every new blockchain comes a new block explorer website to understand.

from CoinDesk https://ift.tt/35i5q1V

Kyrgyzstan Has Proposed Its First Regulatory Framework for Crypto

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

Kyrgyzstan's central bank wants to regulate cryptocurrency – licensing exchanges and barring its use in payments.

from CoinDesk https://ift.tt/2Xp7Qas

First Mover: It Might Be Getting ‘Silly’ as Bitcoin Passes $39K, $40K, $41K

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

It's taken just eight days in 2021 for bitcoin prices to surge more than 40%, and some analysts are starting to handicap the chances for a correction.

from CoinDesk https://ift.tt/3nmDQXj

Internet Shutdowns Cost India $2.8B in 2020: Report

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

A 2020 report by Top10VPN found India to be the country that suffered the most economic damage from internet disruptions.

from CoinDesk https://ift.tt/38oQz7z

Why Joe Biden’s $3T Stimulus Package Could Add Fuel to Bitcoin’s Rally

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

After Joe Biden's inauguration on Jan. 20, an expected raft of new stimulus measures may further boost bitcoin's rally, say analysts.

from CoinDesk https://ift.tt/3bhdpjD

Grayscale CEO Says Crypto Interest Is Rising From Pension, Endowment Funds

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

Michael Sonnenshein said institutions are also making larger allocations to its crypto products.

from CoinDesk https://ift.tt/2LsALYC

Over $41,000: Bitcoin Continues to Forge New Highs

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

Another day, another record high for bitcoin's price.

from CoinDesk https://ift.tt/3ornI8s

Tron-Owned Video Platform Criticized for Hosting Extremists, U.S. Capitol Rioters

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

A legal non-profit accuses the platform of failing to moderate accounts and allowing extremists to collect donations.

from CoinDesk https://ift.tt/38rdak2

US Judge U-Turns on Ruling in Overstock Digital Dividend Lawsuit

January 08, 2021 / in CoinDesk, Coins Feeds / with No comments /

The plaintiff may now file an amended complaint against Overstock and former CEO Patrick Byrne.

from CoinDesk https://ift.tt/38pQBML

Crypto Exchange Bakkt Nears Merger With Victory Park SPAC: Bloomberg

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

A deal could be announced as soon as next week, the report said.

from CoinDesk https://ift.tt/38p72cb

Why Is Bitcoin Going Up, and Will It Crash Soon? What’s Next as Price Doubles to $40K

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

Crypto pros and newbies alike are asking why bitcoin prices keep hitting new all-time highs, and if prices are due to crash. Here's what the experts say.

from CoinDesk https://ift.tt/35iVe9a

Finland Pushes to Sell Tainted Trove of Bitcoins Worth Tens of Millions

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

Finland's customs agency plans to sell nearly 2,000 bitcoins agents seized in drug raids.

from CoinDesk https://ift.tt/2MKLBtF

Coinbase Acquires Routefire to Beef Up Institutional Bitcoin Offering

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

Leading U.S. crypto exchange Coinbase has acquired trade execution startup Routefire. The terms of the deal were not disclosed.

from CoinDesk https://ift.tt/39eMrGw

Blockchain Bites: Sustainability and Uncertainty as Crypto Crosses $1T Benchmark

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

Amid political chaos and global uncertainty, one bitcoin is now worth more than $39,000 as the value of all cryptos passes $1 trillion.

from CoinDesk https://ift.tt/397NMPz

Ignoring Outages, Coinbase Futures Set Record Highs as Bitcoin Rally Continues

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

CBSE futures on FTX hit $311 Thursday afternoon.

from CoinDesk https://ift.tt/3hPSipI

65K Comments and Counting: Crypto Industry Fights ‘Arbitrary’ Treasury Rule

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

The crypto industry says a proposed rule to collect personal data from private wallet transactions is being rushed, might be challenged in court and could be difficult to implement.

from CoinDesk https://ift.tt/3s3w8Ff

Bitcoin News Roundup for Jan. 7, 2021

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

With the price of bitcoin up another $2K and the cryptocurrency sector now valued at more than a trillion dollars, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

from CoinDesk https://ift.tt/2XhwiKP

Coinbase Suffers ‘Connectivity Issues’ Again as Bitcoin Hits Another Record

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

Coinbase suffered the same issues yesterday, which lasted six hours.

from CoinDesk https://ift.tt/39bfmLF

Crypto Investment Firm Grayscale Names New CEO, Plans to Double Staff in 2021

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

Grayscale's managing director, Michael Sonnenshein, has now been appointed CEO.

from CoinDesk https://ift.tt/2LrGiif

Institutional Custody Will Challenge Retail-Oriented Crypto

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

The bearer nature of digital assets presents challenges to institutions getting into crypto. The need for greater security will likely impact the whole industry.

from CoinDesk https://ift.tt/3pVOKFi

Crypto Derivatives Exchange BitMEX Says All Users Are Now Verified

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

After getting in hot water with U.S. regulators last year, the exchange has rolled out mandatory verification for all users.

from CoinDesk https://ift.tt/3hUuRf8

Bitcoin Miner Bitfarms Closes $15M Brokered Private Placement

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitfarms announced the placement Sunday.

from CoinDesk https://ift.tt/3pXTJp4

First Mover: $1 Trillion of Cryptocurrencies Shows Booming ‘Asset Class’

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

It took just a few months for cryptocurrencies to double to $1 trillion. That compares with eight years for U.S. junk loans.

from CoinDesk https://ift.tt/3ojpTL8

XRP Climbs Back up Crypto Rankings With Near 50% Rise

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

With the sudden rise, XRP has replaced litecoin as the fourth-largest cryptocurrency by market cap.

from CoinDesk https://ift.tt/2MJlEe3

Oasis Protocol Adds Shyft Network in Bid to Attract Institutions to DeFi

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

Oasis Labs, creator of Oasis Protocol, appears to be looking to build an institution-friendly version of Ethereum's DeFi ecosystem.

from CoinDesk https://ift.tt/3oruuLe

PayPal, Coinbase Invest in Crypto Tax Automation Startup TaxBit

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

PayPal Ventures, Coinbase Ventures and Winklevoss Capital invested an undisclosed amount in the firm.

from CoinDesk https://ift.tt/3hSUBZm

South Korea’s 20% Crypto Tax Now Coming in 2023: Report

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

The cryptocurrency tax was originally planned to be implemented in late 2021.

from CoinDesk https://ift.tt/38rgUSR

Bitcoin Tops $38K for First Time, a Day After Blowing Past $36K, $37K

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

The leading cryptocurrency hit a new-all time high of $38,286.65, before settling down to $36,004.99, up 5.93% over the last 24 hours.

from CoinDesk https://ift.tt/2XwbWhn

CME Becomes Biggest Bitcoin Futures Exchange as Institutional Interest Rises

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

Chicago Mercantile Exchange now tops the list of the biggest bitcoin futures trading platforms, accounting for nearly 20% of all open interest.

from CoinDesk https://ift.tt/2JWjgj4

Record Expected Ether-Bitcoin Volatility Points to Altcoin Season Ahead: Analyst

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

Peaking implied volatility spreads suggest the emphasis in the markets will shift to ether and other alternative currencies in the short term.

from CoinDesk https://ift.tt/3q2dLPf

Coronavirus Vaccines Certified With VeChain’s Blockchain Tech in Cyprus

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

The medical certification app was developed by VeChain and I-Dante last May.

from CoinDesk https://ift.tt/3pY2kbb

FiCAS’ Actively Managed Crypto ETP Gets Green Light for European Expansion

January 07, 2021 / in CoinDesk, Coins Feeds / with No comments /

The first actively managed crypto ETP, the BTCA was launched in Switzerland last July.

from CoinDesk https://ift.tt/3s28g4Q

Trump Signs Order to Ban Ma’s Alipay, Other Chinese Apps

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

U.S. President Donald Trump signed an executive order on Tuesday banning the Alipay payment platform and seven other apps with links to the Chinese, saying the apps can access private information from their users. Separately, U.S. officials are considering banning U.S. citizens from investing in Alibaba Group, an affiliate of Alipay’s parent, and Tencent Holdings, […]

from CoinDesk https://ift.tt/3olRJqb

Total Cryptocurrency Market Value Hits Record $1 Trillion

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

During 2017's bull run, the market peaked at a $760 billion total value.

from CoinDesk https://ift.tt/35hLCM3

This Elusive Malware Has Been Targeting Crypto Wallets for a Year

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

With custom domains and apps, advertising and a social media presence, the ElectroRAT malware operation targeting crypto wallets is extensive.

from CoinDesk https://ift.tt/35gvOsW

Iranian Authorities Close 1,620 Illegal Cryptocurrency Mining Farms: Report

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

The illegal mining operations will be disconnected from the national power grid and the miners will face prosecution.

from CoinDesk https://ift.tt/3oxynyc

Bitcoin Investment Make Sense in Current Economic Climate: Former Fed Governor

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

"I guess if you are under 40 bitcoin is your new gold," Warsh said.

from CoinDesk https://ift.tt/3om5wwZ

Crypto Exchange Voyager to Suspend Trading of XRP

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

Voyager said it will suspend trading in XRP, effective Monday, Jan. 18, at 12:00 p.m. New York time.

from CoinDesk https://ift.tt/3rYmaF9

Kimchi Spreads, ‘Rat Poison,’ Shape Shifts: What You Need to Know in Crypto Today

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin hit a fresh all-time high above $35,000 while former Bakkt CEO Kelly Loeffler lost her U.S. Senate seat.

from CoinDesk https://ift.tt/3bi5brk

Bitcoin News Roundup for Jan. 6, 2021

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

With BTC topping $35K and JPMorgan predicting even higher long-term gains for the cryptocurrency, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

from CoinDesk https://ift.tt/2XhPWGE

Bitcoin Lightning Startup Zap Goes Global, Adding Multiple Fiat Pairs, Stablecoins

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

Visa partner Strike is adding support for multiple fiat currency pairs plus stablecoins as part of its journey to become a “Bitcoin neo-bank.”

from CoinDesk https://ift.tt/3baOtu1

What Does It Cost to Become an FCA-Approved Exchange? EXMO Execs Explain

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

The U.K.-registered EXMO exchange is one of the many crypto startups to go through the FCA approval process. Execs detailed the work it took to get there.

from CoinDesk https://ift.tt/3bbDaSk

Kraken Users Are Staking More Than $1B in Crypto

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

The value reflects the many long positions investors are trading in cryptocurrencies.

from CoinDesk https://ift.tt/35eHZXl

Coinbase Is Down, Experiencing ‘Connectivity Issues’

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

The homepage of the popular cryptocurrency exchange is currently inaccessible.

from CoinDesk https://ift.tt/3neJVVO

Enterprise Blockchain Is at a Private-Public Crossroads

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

The big players in enterprise blockchain face a decision: stay with underwhelming consortia projects, or invest in public networks like Ethereum.

from CoinDesk https://ift.tt/3okX15g

First Mover: Bitcoin Hits Record as ‘Blue Wave’ and ‘Kimchi Premium’ Look Bullish

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin surges above $35K for first time with U.S. Democrats poised to take full control of government and 'Kimchi Premium' back in force.

from CoinDesk https://ift.tt/2LuCv3p

ShapeShift Is Going Full DeFi to Lose KYC Rules

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

Erik Voorhees’ ShapeShift is morphing into a decentralized exchange (DEX). It's losing the KYC restrictions at the same time.

from CoinDesk https://ift.tt/35eTKwU

Valid Points: New Year, New Price Gains For ETH

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bullish price activity has tipped the total value of ETH locked into Ethereum 2.0 past $2.4 billion.

from CoinDesk https://ift.tt/3hLyALM

Google Cloud Seeks Blockchain Expert for China Division

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

Google Cloud is hiring a manager for its team to sell enterprise accounts to C-level executives.

from CoinDesk https://ift.tt/35esyON

Stellar’s XLM Token Rallies to 2-Year High on XRP Woes, OCC Ruling, Ukraine

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

The token is at the highest level since November 2018 in what one observer called a "perfect storm."

from CoinDesk https://ift.tt/38j9HEf

Hong Kong-Listed BC Group Raises $90M as Institutional Crypto Demand Soars in Asia

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

The offering represents 13% of the company's issued share capital.

from CoinDesk https://ift.tt/3pY7C6H

Veteran Investor Bill Miller Calls Bitcoin a ‘Rat Poison,’ but for Cash

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

In 2018, legendary investor Warren Buffett referred to the cryptocurrency as "probably rat poison squared."

from CoinDesk https://ift.tt/3pRhM92

UK’s Ban on Crypto Derivatives Goes Into Effect Today

January 06, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Financial Conduct Authority ban on the sale of derivatives and exchange-traded notes was passed in October.

from CoinDesk https://ift.tt/3hKez8u

Former Bakkt CEO Kelly Loeffler Loses Senate Seat

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

Former Bakkt CEO Kelly Loeffler lost her Senate seat to Democrat Raphael Warnock in a special election Tuesday night.

from CoinDesk https://ift.tt/2LmVKMo

Bitcoin Sets New All-Time High Above $35K

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin bulls pushed the leading crypto to fresh all-time highs above $34,700 Tuesday night after a couple days of choppy price action.

from CoinDesk https://ift.tt/2MuGAFm

Origin Brings Back Interest-Earning OUSD Stablecoin Following $7M Hack

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

Origin is relaunching its yield-generating stablecoin following a November attack that drained OUSD holders of $7 million.

from CoinDesk https://ift.tt/3hKacdB

BitGo Launches Wrapped Bitcoin, Ether on Tron Blockchain

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

Nearly 100 DeFi-friendly WBTC have already been minted as TRC-20 tokens on Tron.

from CoinDesk https://ift.tt/38hHHRd

Blockchain.com to Stop XRP Trading Next Week

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

Blockchain.com is the latest crypto exchange to delist XRP.

from CoinDesk https://ift.tt/3odf0KR

Gambling Tech Giant IGT Patents Way to Fund Bets With Bitcoin

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

IGT's bitcoin funding patent comes as the gambling tech giant's plans for cashless wagering move forward.

from CoinDesk https://ift.tt/3niYbNp

Ethereum: The Last Bastion for Yield

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

U.S. Treasury and corporate bonds are returning lower yields than ever. Ethereum's currency ether (ETH) presents an alternative.

from CoinDesk https://ift.tt/3bd46Bk

Most Important Crypto Regulation Yet? Banks Can Treat Public Blockchains Like SWIFT and ACH

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

A new interpretive letter from the Office of the Comptroller of the Currency paves the way for stablecoins and public blockchains to be fully integrated in the financial infrastructure.

from CoinDesk https://ift.tt/35eZiaJ

Bitcoin Retail FOMO Brings a Heap of ‘Kimchi Premium’ to S. Korea

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin's price premiums on South Korean exchanges have returned amid the latest bitcoin bull market.

from CoinDesk https://ift.tt/3oofQVm

Tetragon Sues Ripple to Force Stock Redemption

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

Tetragon was one of Ripple Labs' big financial backers.

from CoinDesk https://ift.tt/3pRfXJ5

The Pandemic Was Just the Catalyst

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

Harry Dent predicted 2020's economic upheaval several years in advance. The coronavirus pandemic was just a trigger to a long-term reckoning over public debt, he says.

from CoinDesk https://ift.tt/39iPJZF

Blockchain Bites: JPMorgan’s $146K BTC Target, Crypto Responds to US Treasury’s Proposed Wallet Rule

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

PLUS: The OCC's green light for banks to use stablecoins, Brazil's booming crypto sector and the bitcoin mining machine supply crunch.

from CoinDesk https://ift.tt/35aq0kC

Bitcoin News Roundup for Jan. 5, 2021

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

With BTC back above $32K and a billion dollars worth of bitcoin exiting Coinbase, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

from CoinDesk https://ift.tt/3hIKSVn

Swedish Bankers Air Concerns Over E-Krona Digital Currency Plan

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

While the Riksbank appears keen to launch the e-krona, bankers are worried about how the digital currency might affect their industry.

from CoinDesk https://ift.tt/3nhhx5s

CoinDesk Acquires TradeBlock, Adding Indexes and Pricing to News, Events Offerings

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

With the acquisition CoinDesk said it’s positioned to be the leading source of crypto news, information and data for the rapidly growing sector.

from CoinDesk https://ift.tt/2L6XM3k

Grayscale Drops XRP From Large Cap Crypto Fund Following Ripple SEC Suit

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

The digital asset manager announced that it ditched XRP on Dec. 31. No word on the fate of the Grayscale XRP Trust.

from CoinDesk https://ift.tt/390BqbT

First Mover: As Bitcoin Rally Pauses, DeFi Keeps Astounding

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

Don't even think of using the term "DeFi winter," because DeFi might be hotter than last year's summer of DeFi.

from CoinDesk https://ift.tt/3hMkYQE

Voyager Digital Reports 75% Revenue Rise in Q4, Cites Increased Crypto Adoption

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

The Canadian crypto broker said its revenue growth was due to the growing adoption of cryptocurrency.

from CoinDesk https://ift.tt/3s65ziO

LCX Exchange Gets Licensed in Liechtenstein to Help Banks Create Their Own Digital Assets

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

LCX has been granted eight out of the 11 crypto-related licenses in Liechtenstein.

from CoinDesk https://ift.tt/3ogtObv

Argentina’s Ripio Acquires Second-Largest Crypto Exchange in Brazil

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

Ripio has acquired BitcoinTrade in a bid to increase its footprint across the frothy Latin American crypto market.

from CoinDesk https://ift.tt/3pRAu08

Bitcoin Trader Robbed and Pushed Out of Car in Hong Kong

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

The trader exchanged 15 bitcoin for HK$3 million before being robbed of both.

from CoinDesk https://ift.tt/392uZ8b

Bitcoin Bounces Back Above $31K After Monday’s Drop

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

Analysts say the bitcoin market now looks less overheated than it did on Monday.

from CoinDesk https://ift.tt/38dkWhg

Former Canaan Directors to Guide Chinese Gaming Firm’s Pivot to Crypto Mining

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

Former directors of Canaan Inc. are investing in the Shanghai firm and will help launch its new mining subsidiary.

from CoinDesk https://ift.tt/3nfCJJc

Square’s Jack Dorsey Hits Out at FinCEN’s ‘Burdensome’ Proposed Crypto Wallet Rules

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

"The burdensome information collection and reporting requirements deprive U.S. companies like Square of the chance to compete on a level playing field," Dorsey said.

from CoinDesk https://ift.tt/2JLDVpX

JPMorgan Predicts Bitcoin Price Could Rise Over $146,000 in Long Term

January 05, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin is increasingly competing with gold as an investment asset and has scope for substantial gains over coming years, according to JPMorgan strategists.

from CoinDesk https://ift.tt/3pQeVND

Crypto Markets Jump on OCC Approval for Banks to Use Blockchains

January 04, 2021 / in CoinDesk, Coins Feeds / with No comments /

The price of bitcoin and native tokens for other stablecoin-supporting blockchains jumped after the OCC approved banks to use public blockchains.

from CoinDesk https://ift.tt/2JPXgGA

US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins

January 04, 2021 / in CoinDesk, Coins Feeds / with No comments /

Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday.

from CoinDesk https://ift.tt/3oenwJH

SkyBridge’s Bitcoin Cache Rises to $310M

January 04, 2021 / in CoinDesk, Coins Feeds / with No comments /

SkyBridge's bitcoin investment has already climbed to more than $300 million, mostly due to price appreciation in the past couple of months.

from CoinDesk https://ift.tt/3bblWo2

Market Wrap: Bitcoin Briefly Drops Close to $28K as Ether Futures Heat Up

January 04, 2021 / in CoinDesk, Coins Feeds / with No comments /

Profit-taking helped lead bitcoin lower Monday while more investors are eyeing ether with great interest.

from CoinDesk https://ift.tt/3ofEFTg

Why I’ve Changed My Mind on Bitcoin

January 04, 2021 / in CoinDesk, Coins Feeds / with No comments /

Ritholtz Wealth Management's COO Nick Maggiulli on why he reversed positions on bitcoin.

from CoinDesk https://ift.tt/3oixHgb

Understanding Bitcoin’s Blistering Rise Past $30,000

January 04, 2021 / in CoinDesk, Coins Feeds / with No comments /

Bitcoin has started 2021 off with a bang. Here’s what investors and analysts think is driving the rise (and today’s dip) as well as predictions for what happens next.

from CoinDesk https://ift.tt/2Lojhwg

Blockchain Bites: $10B in Bitcoin Futures, Price Wobbles and Liquidations

January 04, 2021 / in CoinDesk, Coins Feeds / with No comments /

A correction in bitcoin's price (from all-time highs) led to $1 billion in liquidated options positions. Ukraine announced a Stellar-based CBDC experiment and a much-awaited Ethereum layer 2 set a tentative launch date.

from CoinDesk https://ift.tt/3hEx1zk

Sunday, 31 January 2021

Saturday, 30 January 2021

Friday, 29 January 2021

Thursday, 28 January 2021

Wednesday, 27 January 2021

Tuesday, 26 January 2021

Monday, 25 January 2021

Sunday, 24 January 2021

Saturday, 23 January 2021

Friday, 22 January 2021