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More Banking Giants Eye Crypto, New Investment Products, US Debt Ceiling + More News
15.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: More Banking Giants Eye Crypto, New Investment Products, US Debt Ceiling + More News
Crypto in the House: Execs on the march, US partisan politics and Web3
15.12.2021
A largely proclaimatory meetup generated a positive response, with the industry appearing ready for a busy new year on the Hill
UK Watchdog Teaches Coinbase, Kraken, and Others How to Advertise Crypto
15.12.2021
The UK's Advertising Standards Authority (ASA) has decided to ban seven crypto-related advertisements. The latest batch of bans illustrates that, in their online communications, businesses must take great care to fashion their crypto-related messages in a maximally neutral way and avoid drawing...
Shopping․io Is Building the First Ever Metaverse Shopping Center
15.12.2021
Shopping․io, the very first E-commerce platform that allows users to purchase from major hubs using over 200 cryptocurrencies, is now proud to expand the catalog of products and to launch their very own NFT collection: the Shopverse. On December 3rd, Shopping․io announced their...
Kraken CEO reverses $100K BTC 2021 forecast: Crypto winter now possible
15.12.2021
In August, the CEO predicted that Bitcoin would trade “$100,000 plus a coin” late this year or early next year
Bitcoin-Backed Mortgages Coming to the US and Canada in 2022 as Ledn Raises USD 70M
15.12.2021
A new bitcoin (BTC)-backed mortgage product that allows clients to borrow up to 100% of the value of their BTC stack might be launched in the US and Canada within months by digital asset savings and credit start-up Ledn.
The new mortgage product remains in pilot mode for selected clients...
Bitcoin sheds 'dumb money' as retail buys most BTC since March 2020 crash
15.12.2021
Small-volume buyers are as interested in $48,000 Bitcoin as they were in $3,600 Bitcoin, data appears to show
Bitcoin 'Should Hold' USD 40K, Says Novogratz. If Not - It's a ‘Buying Opportunity,’ Argues Kraken CEO
15.12.2021
A bitcoin (BTC) price of under USD 40,000 would be a “buying opportunity,” and the US dollar is “going to zero,” Jesse Powell, CEO of crypto exchange Kraken said in a new interview. Meanwhile, Galaxy Digital CEO Mike Novogratz said the market is in a “healthy” correction, and that a BTC price...
Tanzanian Central Bank Governor: Cryptocurrencies Not Outlawed, Traders Should Invest at Own Risk
15.12.2021
The Tanzanian central bank governor recently revealed that cryptocurrencies are not outlawed in the country but warned those dabbling in crypto-related investments that they do so at their own risk. Central Bank Open to Ideas The governor of the Bank of Tanzania (BOT), Florens Luoga, recently...
Bitcoin and Ethereum Consolidate, SOL and AVAX Rally
15.12.2021
Bitcoin price is attempting a recovery wave above the USD 47,500 level. BTC even surpassed the USD 48,000 level. It is currently (11:30 UTC) consolidating, and it could rally if there is a clear move above the USD 48,500 level....
Read More: Bitcoin and Ethereum Consolidate, SOL and AVAX Rally
Only a paper moon: Bitcoin price briefly shows $870B on CoinMarketCap
15.12.2021
A mysterious glitch caused popular coins to show astronomical gains on CoinMarketCap, Coinbase, among others
Dvision Network’s Boburjon Muydinov Talks Metaverse, Investing in Digital Real Estate, NFTs and More
15.12.2021
Dvision Network is a blockchain-based metaverse, which powers the robust and diversified NFT marketplace within its augmented reality. Dvision is based on three primary platform features, which are known as NFT Market, Meta-Space, and Meta-City. The users can utilize LANDs (Meta-Space) in...
Insurance Company Lemonade Bets On Bitcoin To Diversify Assets
15.12.2021
In another example of a business that seeks to diversify its portfolio with crypto assets, US insurance company Lemonade has purchased bitcoin (BTC) for its balance sheet, as indicated by a recent regulatory filing.
During the first nine months of this year, the firm acquired a total of USD...
Bitmex Co-Founder Arthur Hayes Recommends “Wait and See” Approach for Cryptocurrency Investors
15.12.2021
Bitmex co-founder and cryptocurrency investor Arthur Hayes has addressed the current state of the market with the effect the U.S. Federal Reserve’s upcoming tapering process may have. Hayes also links this with the Evergrande situation in China and advises cryptocurrency newcomers to hold...
Block's Cash App to Allow its 40M Customers to Gift Bitcoin
15.12.2021
Jack Dorsey's payment firm Block, previously called Square, has unveiled a new Cash App feature that will allow users to gift family and friends crypto and stock over the holiday season.
Cash App announced the news on Tuesday, saying that its approximately 40 million active monthly users...
New Delhi Ready to Back Down on Crypto Regulation, Claims Anonymous Gov’t Source
15.12.2021
It’s a case of another day, another twist in the seemingly endless saga of India’s crypto legislation. And this time the protagonists in the saga, the nameless sources leaking information to the domestic press, are claiming that the cabinet is not on the verge of doing anything with crypto after...
CoinMarketCap Glitch 'Sent' BTC, ETH to Billions; Affected Coinbase, Crypto.com
15.12.2021
Major crypto data aggregator CoinMarketCap (CMC) displayed eye-popping prices for almost all digital assets on Tuesday due to a glitch, making crypto owners feel like “trillionaire[s] for a couple of hours."
"The Engineering team is aware of incorrect price information appearing...
German Savings Banks Consider Offering Crypto Services to Customers
15.12.2021
An association of savings banks in Germany is looking to offer crypto services to customers in a pilot test that would include the development of a crypto wallet. The association, which has more than 50 million customers, would be acting amidst a wave of cryptocurrency interest ostensibly sparked...
Premier P2E NFT Character Drop by Funganomics Announced as Saturday 18th December
15.12.2021
PRESS RELEASE. One of the most highly anticipated NFT character drops in the Play2Earn space is imminent to launch on Fungatopia®. In fact Saturday 18th December 2021 will mark the day in history when Funganomics® release their first premier NFT character drop on their brand...
Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency
15.12.2021
Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied...