Dubai Financial Watchdog to Release Consultation Papers for a Crypto Regulatory Framework
21.1.2021
The Dubai Financial Services Authority (DFSA) has unveiled its plans to create a regulatory framework for cryptocurrencies. The announcement was part of its 2021-2022 business agenda released this week. The Papers Will Be Released in the First Half of 2021 According to the watchdog, which regulates...
Former Coinbase Exec Might be Replaced With Former Ripple Advisor At OCC
21.1.2021
New American President Joe Biden’s team could comprise a regulator with a taste for crypto. Despite the gloom cast over the crypto world by United States Treasury secretary nominee Janet Yellen’s recent comments concerning her crypto “concerns,” reports are linking a former Ripple advisor to...
Russian court order removes Binance website from regulator’s blacklist
21.1.2021
The Binance website has been formally blacklisted in Russia since at least September 2020, but the restriction has not impacted Binance Russia trading
Former US Treasury Secretary Larry Summers Says Bitcoin ‘Is Here to Stay’
21.1.2021
Former U.S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former secretary asserts that bitcoin’s price fluctuations are in fact a sign of its resilience. In his latest comments about bitcoin, Summers,...
BlackRock Has USD 235bn in Alternatives And Now It's Coming For Bitcoin
21.1.2021
Source: A video screenshot, Youtube/CNBC
As the world’s largest asset manager, BlackRock, revealed its intentions to invest in cash-settled bitcoin (BTC) futures, how large this exposure might be?
In its Q4 2020 report, the company said that it had more than USD 235bn in alternative investments...
Bitcoin and Altcoins Struggle To Recover Losses
21.1.2021
Bitcoin price declined after it broke the USD 35,500 support. BTC even dived below USD 34,000 before the bulls appeared near USD 33,400. It is currently (05:00 UTC) consolidating losses above USD 34,000 and facing many hurdles near USD 35,500.
Similarly, most major altcoins are still in a bearish...
Bitcoin double-spend spotted in the wild
21.1.2021
BitMEX Research has identified what it believes to be a double-spent Bitcoin transaction... worth $21
Ethereum Could Touch $10,500 After Crypto Rises to Record High: Fundstrat Global
21.1.2021
Fundstrat Global Advisors strategist David Grider predicts that the price of ethereum could rally to $10,500 per unit after the cryptocurrency set a new all-time high on Tuesday. The estimate implies a near 700% upside on the current ether price hanging above the $1,300 range. According to Grider...
83% of cryptocurrencies that peaked in 2018 are still down by 90%
21.1.2021
Data compiled by Messari indicates that the 157 crypto assets that posted record highs in 2018 are still bumbling along at prices more than 90% down from their ATHs
Former Ripple advisor set to become Comptroller of the Currency: WSJ
21.1.2021
President Joe Biden looks set to appoint another former crypto executive to head up the Office of the Comptroller of the Currency
Going long: 270K Bitcoin moved into storage in a month
21.1.2021
Investors are in it for the long run, locking 270,000 BTC away over the last 30 days
Reports Show Crypto Custodian Xapo Set to be a Digital Bank in Gibraltar
21.1.2021
According to a recent report, the cryptocurrency custodian Xapo is getting ready to become a “fully-fledged” bank in the British Overseas Territory of Gibraltar. The region located at the southern tip of the Iberian Peninsula has also been extending “regulatory guidelines...