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BlackRock CEO on BTC, Grayscale Competitor, USD 16.5bn Lost to Crypto Scams + More News
27.1.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investing news
Commenting on Bitcoin (BTC), Larry Fink, Founder, Chairman and CEO of BlackRock, said: "It's not a market for the calm. Right...
XRP Drops Despite Positive Report, A Lawsuit Over USD 50 Loss Emerges
27.1.2021
It seems that the recent bullish remarks by Brad Garlinghouse, CEO of blockchain company focusing on the banking sector Ripple, didn't help XRP move higher as its price has since dropped. Meanwhile, a lawsuit against Ripple over a USD 48.56 loss has emerged.
At the time of writing (13:41 UTC),...
Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi
27.1.2021
The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance
Cashing Out Bitcoin Using ATMs: Popular Youtuber Successfully Turns $16K in BTC Into Cash
26.1.2021
On January 23, 2021, the popular Youtuber Mambafx published a video of himself withdrawing $16,000 in cash from bitcoin ATMs. The video shows how it took multiple bitcoin ATMs to complete the process but by the end of the 17-minute film, Mambafx withdrew over $16k by selling bitcoin to...
Chinese Central Bank Governor Signals USD 37B Ant IPO May Still Happen
26.1.2021
Alibaba boss Jack Ma. Source: a video screenshot, Youtube, Viva Technology
What was set to become the biggest initial public offering (IPO) in the world – the floating of Chinese business giant Alibaba’s fintech and blockchain arm Ant Group – could well be back on at some point in the future,...
Crypto Exchange Giant Coinbase to Sell Shares Privately Ahead of Public Offering
25.1.2021
According to a recent report, the San Francisco-based cryptocurrency exchange Coinbase is purportedly planning to sell stock on Nasdaq’s private market ahead of the initial public offering (IPO). Coinbase reportedly notified shareholders that they will receive information pertaining to...
Ethereum Eyes USD 1,500, Altcoins Gain, Bitcoin Stable
25.1.2021
Bitcoin price seems to be forming a base above the USD 32,000 level. BTC recovered above the USD 32,500 and USD 32,800 resistance levels. It is currently (05:00 UTC) trading above USD 33,000 and it seems like the bulls might test the USD 34,000 or USD 34,200 levels.
Conversely, most major altcoins...
Stablecoins May 'Penetrate Non-Crypto Markets' & Surpass USD 100B in 2021
24.1.2021
2021 could be the year when stablecoins move deeper inside the non-crypto markets, with some expecting the total value of stablecoins almost tripling and surpassing USD 100bn this year, according to industry figures.
Market capitalization of stablecoins already jumped by around sixfold in the past...
Bitcoin Spikes Above USD 32K as MicroStrategy Boosts Morale With a New Deal
22.1.2021
The world's number one crypto moved up and above USD 32,000 again as US-based business intelligence company MicroStrategy revealed its USD 10m bitcoin (BTC) deal.
On Friday afternoon, 14:37 UTC, bitcoin climbed from the USD 29,400 level to which it had dropped earlier in the day, and is trading...
Is Ethereum Poised To A Parabolic Growth To USD 2,000?
21.1.2021
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Ethereum steals the spotlight of Bitcoin, surging to USD 1,439 Monday and surpassing its previous all-time high of USD 1,432. Meanwhile, Bitcoin is trading flatline. It seems that Ethereum is breaking away...
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 Less Risky Than Tesla, Ethereum at USD 10,500 + More News
20.1.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Bitcoin news
While the most popular cryptocurrency, bitcoin (BTC), is considered to be almost in the "extreme bubble" territory, more...
Economic Experts Flummoxed by BTC’s Spectacular Rise, Sold at USD 19K
20.1.2021
Investors who cashed in on their bitcoin (BTC) holdings before the token hit the USD 20,000 threshold have been eating humble pie – with one admitting, “When I sold bitcoin at USD 19,000. I thought I was the smartest person around.”
The admission came in an interview with Mohamed El-Erian,...
Ethereum Close to ATH Against USD, But Far from ATH Against Bitcoin
19.1.2021
Even though Ethereum (ETH) is getting closer to its all-time high (ATH) against the US dollar, it's still many satoshis away from its ATH against bitcoin (BTC). (Updated at 12:09 PM UTC with the latest price data.)
Three years after reaching a major peak, ethereum may be surpassing it soon....
Travel Firm Backed for USD 50m in Bid to Develop ‘Killer DeFi App’
18.1.2021
Travel industry player Maps.me has taken the DeFi plunge with a USD 50m fundraising effort it has described as “an investment into the embedded DeFi ecosystem.”
In a press release shared with Cryptonews.com, the firm revealed that its backers in the USD 50m drive include the Berkeley and Hong...
Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization
17.1.2021
Russia is now holding more gold than U.S. dollars in its reserves for the first time, according to the latest report by Russia’s central bank. Russian President Vladimir Putin has made de-dollarization his country’s key policy to reduce the Russian economy’s exposure to the U.S....
Did This USD 140B Manager Just Write a Guide For a Bitcoin Hodler?
15.1.2021
Billionaire investor Howard Marks, co-founder of USD 139.6bn asset management firm Oaktree Capital Group, wrote an investor memo, shortly discussing bitcoin (BTC), but also delving into holding shares - providing points that could arguably be applied to hodling world's number one crypto.
In...
Building an Ethereum app using Redwood.js and Fauna
15.1.2021
With the recent climb of Bitcoin’s price over 20k $USD, and to it recently breaking 30k, I thought it’s worth taking a deep dive back into creating Ethereum applications. Ethereum, as you should know by now, is a public (meaning, …
The post Building an Ethereum app using Redwood.js and Fauna...
Man Will Give 25% of Lost Bitcoin to COVID Relief if He Can Search Dump for USD 296M Haul
14.1.2021
British media outlets have once again become interested in the case of a Wales-based IT professional who said he threw out a hard drive containing around BTC 7,500 (USD 296m) and who wants to search a landfill for the device, pledging millions of dollars worth of reward to coronavirus charities...
Bitcoin Returns To USD 40,000 In Four Days
14.1.2021
The most popular cryptocurrency, bitcoin (BTC), just got back to the USD 40,000 level after leaving it this past Sunday and crashing to almost USD 30,000 on Monday.
BTC already hit USD 40,000 at exchanges such as Binance, OKEx, Coinbase Pro, and others.
At 15:38 UTC, BTC traded at around...