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A Reddit Army Blurs The Line Between Crypto and Traditional Finance
1.2.2021
Philip Gradwell is Chief Economist at Chainalysis. He provides data and insight on the uses of cryptocurrencies and the direction of the market at markets.chainalysis.com.
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What does the phenomenon of retail traders coordinating on the internet to turn finance on its head have to do with...
Ukraine Wants to Bolster its Budget with Nuclear-powered Crypto Mining
1.2.2021
The Ukrainian energy ministry is in advanced talks with a domestic crypto mining firm named Hotmine over a proposed deal to allow the company to build mining centers at more of the nation’s nuclear power plants.
As reported late last month, the ministry, in conjunction with NAEC Energoatom –...
India's Budget Proposed Today But No Word On Banning Crypto (Yet)
1.2.2021
India's budgets session has started, but so far there seems to be no word on the much-discussed crypto ban.
India's Finance Minister Nirmala Sitharaman has presented Union Budget 2021-22 today, as was confirmed by the Ministry of Finance's website. The Ministry offers the text of Sitharaman's...
Mark Cuban Says Crypto Is a Store of Value & Redditors Right to ‘Kick Wall St. Ass’
1.2.2021
Mark Cuban. Source: a video screenshot, Youtube, The Filmy
Shark Tank star and Dallas Mavericks supremo Mark Cuban appears to be growing increasingly bullish on all things crypto-related, claiming that “blockchain-driven assets have now legitimately become stores of value.”
Adding to...
Ark Investment Study Suggests BTC Value Will Rise by $40,000 if All S&P 500 Companies ‘Allocate 1% of Their Cash to Bitcoin’
1.2.2021
According to the findings of a study by Ark Investment Management (AIM), the value of bitcoin can potentially increase by $40,000 if all S&P 500 companies allocate 1% of their cash holdings to the crypto. Similarly, if all these companies were to convert 10% of cash holdings into bitcoin,...
Crypto Market Sentiment Almost Unchanged with Tether Taking a Lead
1.2.2021
The final week of January passed without any major movements in the market sentiment in either direction. The combined moving 7-day average crypto market sentiment score (sentscore) for the 10 major coins saw a small rise from 5.77 recorded last week to 5.8 today, according to crypto market...
Visa CEO Alfred Kelly Highlights Crypto Inclusion
1.2.2021
Hailed as one of the most robust payment processor interfaces, Visa Inc. is likely to enter a new financial phase with the inclusion of cryptocurrency trading on its channel, revealed the company’s CEO, Alfred Kelly, during a recent interaction. The spearhead opined that the entity could provide...
Cointelegraph announces the Top 100 Notable People in Blockchain 2021
1.2.2021
From the obvious to the esoteric, the philanthropic to the acquisitive, and the publicity hounds to the anonymous... the most comprehensive list of crypto's most fascinating and influential characters
Fine Wines Become First Tokenized Securities Under New Swiss Blockchain Law
1.2.2021
In effect from today, Switzerland's new blockchain law allows Sygnum to freely issue tokenized assets, starting with investable wines
Crypto Insurer Nexo Adds Exchange Service to Its Mobile App
1.2.2021
Nexo's new service provides more than 75 cryptocurrency and fiat currency pairs for trading
Digital art project sells out $10M in NFTs in four days
1.2.2021
Early adopters have scooped up over 15,300 Hashmask NFTs as one "card" has gone on sale for 97 ETH
XRP Displaces Polkadot Token After Price Soars 100% in 48 Hours
1.2.2021
In a surge reminiscent of dogecoin’s recent rally, the value of the XRP token soared by more than 100% in just 48 hours. After starting the day at $0.29 on January 30, data shows that the token peaking at just above $0.67. At the time of writing, XRP is trading at around $0.66  ...
CEX.IO LOAN Experiences Massive Institutional Demand With Over $100 Million of Loan Requests
1.2.2021
PRESS RELEASE. Crypto-backed lending service CEX.IO LOAN that launched in October 2020 in select global jurisdictions, has been experiencing major demand, receiving over $100 million worth of loan requests to date. While the service has been widely popular among retail investors, most of...
Switzerland’s Crypto Broker AG Wins Securities House License From FINMA
1.2.2021
Banks can tick a box and start trading with us, said CEO Rupertus Rothenhaeuser
UBS: Crypto Has Fundamental Flaw, Bitcoin’s Fixed Supply Could Cause Its Value to Collapse
1.2.2021
A chief economist at UBS, the largest bank in Switzerland, says cryptocurrency has a fundamental flaw. Bitcoin’s fixed supply could cause the collapse of its value and spending power, making it unattractive to use as a currency, he claims. A UBS Chief Economist Says Bitcoin’s Fixed...
US Lawmaker Likes Bitcoin — Urges Policymakers to Embrace Innovation in Regulation
1.2.2021
U.S. Representative Patrick McHenry is pro-bitcoin. He is now hosting the Bitcoin whitepaper on his official congressional website and has called on other lawmakers to embrace innovation like Bitcoin. He believes that the cryptocurrency is unstoppable and governments cannot kill it. Pro-Bitcoin...
Crypto Long & Short: GameStop, Dogecoin and a New Market Paradigm
31.1.2021
We’re not just witnessing the changing nature of market forces. We’re also seeing a shift in the definition of market “fundamentals.”
Goldman and Interactive Brokers Execs Claim Wallstreetbets Trend Could ‘Take Down the System’
31.1.2021
The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these short squeezes continue it could “snowball through the market.”...
The future of crypto trading will be omni-chain
31.1.2021
The only way for DeFi to realize its potential is through an omni-chain approach, enabling assets of any kind to flow freely through all platforms
Indian government looking to crack down on crypto scams with proposed ban: Cashaa CEO
31.1.2021
Kumar Gaurav said "there is no way any government" can outright ban crypto given its nature as a global and decentralized system