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Morgan Stanley Massively Increases Bitcoin Exposure Through Microstrategy
9.1.2021
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy. ‘Even Banks Want Bitcoin’ Global financial...
Bitcoin ‘Going Through the Roof’ Unlike Assets Controlled by Government, Says Former Fed Governor
9.1.2021
Former Federal Reserve Governor Kevin Warsh is bullish on bitcoin. He sees all assets that are not controlled by the U.S. government “going through the roof,” unlike those the Fed purports to control. He has outlined three reasons why bitcoin makes sense to him. Why Former Fed Governor...
Ripple’s CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon
9.1.2021
Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory...
Exchange eToro Seeks to Deter New Users in Sign of Surging Retail Demand for Crypto
9.1.2021
The platform, which mainly caters to "social" or beginner traders, raised its required deposit level to $1,000 from $200
High BTC Highs, Major OCC News, No XRP-SEC Deals and 20 Crypto Jokes
9.1.2021
Over the course of this week, Bitcoin jumped over USD 41K to the delight of many, setting its sight on the 50K level, with JPMorgan strategists saying its long-term target should be above USD 146,000. Bitcoin, ethereum, and stablecoin camps 'fought' over who benefits more from the major OCC news...
Crypto User Loses Over $100K in Bitcoin While Transferring His Wallet
9.1.2021
A bitcoin user has shared his story of how he lost more than $100,000 in BTC during a wallet transfer. The bitcoiner attempted to transfer a wallet to a new computer without making sure that he had access to the encryption passwords tied to his private key storage. Password Manager Didn’t...
Spanish Police Detain Four People Allegedly Involved in a $15M Crypto Ponzi Scheme
9.1.2021
The Spanish police detained four people of different nationalities this week for allegedly running a $15 million crypto Ponzi scheme. According to the police, “many victims” filed a complaint against them. Victims Believed Their Bitcoins Went to a Legit Company According to Policia...
New Bitcoin Quest Contest Gives People a Chance to Locate Crypto Seeds Hidden in Pictures
9.1.2021
There’s an online-sleuthing contest starting on January 21st called “Bitcoin Quest,” where individuals can leverage their crypto-analytical skills to hunt for mnemonic bitcoin seed phrases hidden in artwork. Winners who drain the artwork’s crypto holdings will be able to...
Major South Korean Bank Shinhan Is Set to Offer Crypto Custody-Related Services
9.1.2021
A major commercial bank in South Korea is entering the crypto business by allocating an equity investment in the Korea Digital Asset Trust (KDAC). Shinhan Bank is looking to offer digital asset custody services. Bank Expects to Offer Tech Capabilities to Face Defi-Related Hacking Risks According...
Asia’s Retail FOMO Could Be Behind XRP’s Rally Despite SEC’s Lawsuit
8.1.2021
Data and traders reveal the source of XRP's recent price rally could be Asia
2021 Hashed Blockchain & Crypto Market Predictions
8.1.2021
Simon Seojoon Kim is the CEO and Managing Partner at South Korea-based blockchain accelerator Hashed.
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I. Bitcoin
A solid and continuous Bitcoin (BTC) bull run is expected in 2021.
Since the inception of Bitcoin, the amount of BTC owned by the exchanges has steadily increased. However, starting...
Square Crypto Funds Bitcoin Developer to Improve Mining Pool Software
8.1.2021
Square Crypto’s latest grant will fund a developer’s work on software that could improve how mining collectives pool hash power
As gold crashes, Jim Cramer says money is ‘all going to crypto’
8.1.2021
The host of CNBC’s Mad Money responds to gold’s surprising underperformance this week
Bitcoin Price Taps $41,970, Morgan Creek Partner Says ‘BTC Is a 10x Improvement on Gold’
8.1.2021
Bitcoin’s price continues to move northbound, as the crypto asset’s value has touched another all-time high (ATH) this week reaching $41,970 per coin on Friday morning (EST). The digital asset bitcoin is now the 7th most valuable asset worldwide with an overall market valuation...
Kyrgyzstan Has Proposed Its First Regulatory Framework for Crypto
8.1.2021
Kyrgyzstan's central bank wants to regulate cryptocurrency – licensing exchanges and barring its use in payments
The rise of crypto: Bitcoin sets landmarks but alts can go independent
8.1.2021
Unfounded hype? This time around, investors have begun to realize the value proposition of Bitcoin and Ether
Could NFTs Become 2021’s Biggest Crypto Trend?
8.1.2021
Even at this point in Bitcoin’s evolution, it’s still relatively rare for cryptocurrencies to hit mainstream news headlines unless volatility reaches dramatic extremes. It’s even more extraordinary for blockchain apps to get picked up by the global media. Cryptokitties is one...
Eligma Raises Additional €4 Million Equity Investment at €50 Million Valuation
8.1.2021
PRESS RELEASE. Crypto payments startup Eligma has announced it recently completed a new funding round of €4 million at a €50 million valuation. The latest investment was funded by Roger Ver through Bitcoin.com, and was mainly initiated due to Eligma’s ongoing efforts to comply...
Grayscale CEO Says Crypto Interest Is Rising From Pension, Endowment Funds
8.1.2021
Michael Sonnenshein said institutions are also making larger allocations to its crypto products
South Korean Government to Start Taxing Crypto Trading Profits in 2022
8.1.2021
The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will...