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Rising Number Of Investors Sell Stocks, Bonds To Buy Crypto - Survey
9.12.2021
Amid a rapidly increasing interest in cryptocurrencies, money from the stock market is starting to rotate into crypto, with 23% of respondents to a US poll declaring they or someone they know have sold stocks or bonds to invest in crypto, as indicated by data sourced by public opinion polling...
MicroStrategy Spends Another USD 82m on Bitcoin
9.12.2021
The US-based business software firm MicroStrategy has bought an additional 1,434 bitcoin (BTC), bringing its total stash to BTC 122,478 (USD 6bn), the company’s CEO, Michael Saylor said.
The new coins were acquired at an average price of USD 57,477....
Read More: MicroStrategy Spends Another...
Bitcoin, Stocks Largely Unmoved as China Evergrande is Declared in Default
9.12.2021
The price of bitcoin (BTC) and US stock futures are largely unmoved today after the expected news broke that Chinese property development giant Evergrande for the first time has failed to pay off a US dollar-denominated debt obligation....
Read More: Bitcoin, Stocks Largely Unmoved as China...
US Court Hints IRS May Have Violated Coinbase User’s Privacy Rights in Tax Audit
9.12.2021
An American bitcoin (BTC) owner attempting to fight the Internal Revenue Service over the seizure of his data from the Coinbase trading platform could be given the chance to challenge the tax body over the controversial move....
Read More: US Court Hints IRS May Have Violated Coinbase User’s...
Bitcoin Consolidates, Ethereum Inches Higher, LUNA Flips DOGE
9.12.2021
Bitcoin price corrected lower and tested the USD 49,000 region. BTC is relatively stable and is currently (04:24 UTC) facing resistance near USD 50,000. A close above USD 50,000 may perhaps push the price towards USD 52,000.
Besides, most major altcoins are gaining bullish momentum. ETH surpassed...
Regional CCP Chief Arrested Over Crypto Links as China Hunts Crypto Users
8.12.2021
A high-flying regional Communist Party official who was expelled from the party last month for allegedly supporting crypto miners has been arrested. Meanwhile, individuals are being caught sending money abroad using crypto.
Per the Epoch Times and the Xinhua news agency, Xiao Yi, the former...
Russian Senate, Gov’t Ministries & Central Bank to Create Crypto ‘Working Group’
8.12.2021
The Russian parliament’s upper house, the Federation Council (the equivalent to the American Senate), is stepping up its crypto regulatory efforts – and wants to get involved in the creation of new laws pertaining to the sector....
Read More: Russian Senate, Gov’t Ministries & Central Bank...
Watch: 6 Crypto CEOs Testify About Threshold Issues, Bitcoin Mining, and More
8.12.2021
US lawmakers should take steps to bring crypto-related activities into the regulated financial system, while also developing a “national policy for a decentralized Web 3” as they did for Web 1 in the 1990s, Brian Brooks, CEO of Bitcoin (BTC) mining firm Bitfury, wrote in a testimony ahead of...
More Aussie Crypto Traders Profiting, Country Moving to Largest Reform of Payments Systems
8.12.2021
Nearly 90% of crypto owners in Australia have either profited from trading in 2021, or broke even, with the number of women in the crypto-owning group doubling compared to 2020, according to a recent survey released by Aussie crypto exchange Independent Reserve.
To be more specific, a robust...
Coinbase To Compress Trading Fees Amid Rising Competition
8.12.2021
US crypto exchange Coinbase is gearing towards a trading fees compression as part of the company’s drive towards diversifying from trading fees and towards increasingly relying on revenue from subscription services.
Trading fee compression will come down “at some point,” Emilie Choi, President...
Crypto is a ‘Fantastic Hedge’ Against Bubble in Bonds - Pantera’s CEO
8.12.2021
Investing in crypto is a “fantastic hedge” against a bond market that will get destroyed once the US Federal Reserve stops its asset purchases, Dan Morehead, CEO of the crypto investment firm Pantera Capital, wrote in a recently published note.
According to Morehead, the Fed’s actions since...
CIA Running a ‘Number of’ Active Crypto Projects, Director Claims
8.12.2021
The Central Intelligence Agency (CIA) Director William Burns has admitted that his agency has “a number of different projects focused on cryptocurrency” in progress – and claimed that his predecessor Gina Haspel had “started” the CIA ball rolling in the crypto sphere. What is more, the agency...
Visa Doubles Down on Its Crypto Bet, Launches Crypto Consulting Service
8.12.2021
Multinational financial services giant Visa is pushing deeper into the booming crypto market, launching crypto advisory services to help clients understand various segments of the crypto industry.
In an announcement, the payment network acknowledged that "digital currencies are taking greater...
Bitcoin and Ethereum Take a Pause, BTT and XTZ Rally
8.12.2021
Yesterday, bitcoin price started a steady recovery wave above the USD 50,000 level. BTC even cleared the USD 50,500 and USD 51,200 resistance levels. It is currently (04:28 UTC) facing resistance near USD 50,500 and might move lower.
Besides, most major altcoins are losing steam. ETH topped near...
South Korea’s Potential Next President Calls Crypto ‘A Means of Trading & Investment’
7.12.2021
South Korea’s newly crypto-keen presidential candidate Lee Jae-myung has doubled down on his admiration for crypto: Fresh from telling the public that he was thinking of creating and issuing a national cryptoasset, the ruling Democratic Party presidential nominee has heaped more praise on crypto...
Nexo & Fidelity Digital Assets Partnership, Gibraltar's Blockchain Integration + More News
7.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ ...
Read More: Nexo & Fidelity Digital Assets Partnership, Gibraltar's Blockchain Integration + More News
Nexo & Fidelity Partnership, Gibraltar's Blockchain Integration + More News
7.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ ...
Read More: Nexo & Fidelity Partnership, Gibraltar's Blockchain Integration + More News
Aussie Crypto Exchange Sinks Amid Complaints, Missing Fund Allegations
7.12.2021
Australian crypto exchange myCryptoWallet has tanked following a wave of complaints by users and allegations of missing funds, potentially leaving behind countless customers deprived of access to their crypto assets.
Insolvency firm SV Partners has been appointed the liquidator of the troubled...
Jack Dorsey's Spiral Unveils Bitcoin Lightning Development Kit
7.12.2021
Payments company Spiral, previously called Square Crypto, has unveiled the Lightning Development Kit (LDK), a tool that allows developers to integrate instant bitcoin (BTC) payments into their applications.
The crypto arm of Block (previously Square) published a video on Monday, introducing...
Crypto Violators May Face Prison Time Under India’s New Proposal - Report
7.12.2021
The Indian government is reportedly considering appointing a new regulator specifically to oversee the cryptocurrency space, while also saying those who violate regulations could face fines of up to USD 2.7m or 1.5 years in prison....
Read More: Crypto Violators May Face Prison Time Under...