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USD 1.9B Liquidated As Overexuberant Crypto Traders Get Overleveraged
15.2.2021
Around USD 1.9bn in 281,000 trading positions have been liquidated in a day as the market corrected sharply, per bybt.com data. Around 90% of the liquidations were of long positions, suggesting that overly optimistic traders were using margin trading to open large positions in the hope of bitcoin...
India crypto ban is like banning internet, says former Coinbase CTO
15.2.2021
Former Coinbase CTO Balaji Srinivasan has warned that India's impending ban on Bitcoin and other cryptocurrencies would be like banning the "financial internet."
Thailand’s Securities Regulator Eyes Qualifications for New Crypto Investors
15.2.2021
The regulator believes new cryptocurrency investors should have a certain level of trading experience and financial reserves
Bitcoin Games Releases ‘The Angry Banker’, Hosts a $12,000 Tournament
15.2.2021
Bitcoin Games releases its first exclusive slot game The Angry Banker with a $12,000 tournament! First Exclusive Slot Game Since Launch Our very own premium gaming portal Bitcoin Games has been bringing some of the most popular online casino games to crypto savvy gamers all around the world ever...
Crypto Opens Up PayPal, Square, Visa To New Revenue Streams - Fitch
15.2.2021
Strategic crypto investments are expected to have a limited near-term effect on the credit profiles of companies such as PayPal, Visa, Square, and Mastercard, taking into account the modest capital deployed and the long ramp time, major credit rating agency firm Fitch Ratings said. Moreover, adding...
SBI looking to set up joint crypto ventures with foreign firms
15.2.2021
SBI Holdings is reportedly considering mergers and acquisitions as a means of solidifying a potential deal
Industry Group Says Hong Kong’s Proposed Crypto Rules Could Drive Traders Underground
15.2.2021
Hong Kong’s plan to restrict cryptocurrency investment to professionals means retail investors could move to unlicensed venues, said Global Digital Finance
Exchanges warn that Hong Kong's crypto retail trader ban could backfire
15.2.2021
Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong
Japan’s SBI in Talks Over Joint Venture to Make Crypto a Core Revenue Source
15.2.2021
SBI's founder and CEO Yoshitaka Kitao said his firm would turn the planned crypto venture into a core source of profitability
Institutional adoption underscores urgency of clear crypto rules, says Hester Pierce
15.2.2021
Regulatory clarity in the crypto industry is needed now more than ever, per one official
Happy Bull’s Year, North Korean Hackers!
15.2.2021
In this episode, Anna Baydakova and Danny Nelson discuss North Korea reportedly stealing your crypto to create nuclear weapons, Tesla rattling markets at an opportune time and Nigeria trying to ban crypto
Germany’s Biggest Bank Talked the Talk, Now it Walks the Crypto Walk
15.2.2021
Deutsche Bank has gone low-key with its crypto intentions, but after months of crypto-positalk, the bank – Germany’s biggest with assets of almost USD 1.8 trillion – has taken the plunge into crypto custody.
It's not a surprising move as the bank’s analysts have been making bullish remarks...
US Government Won’t Allow Corporates to Keep Replacing Dollars With Bitcoin, Warns Investment Advisor
15.2.2021
Dan Nathan, the founder of Risk Reversal Advisors, says that the U.S. government will not keep allowing corporations like Elon Musk’s Tesla to replace dollars with bitcoin. They won’t “let the dollar fall away from being the reserve currency for the world,” which could...
Crypto Long & Short: What Does Dogecoin Have to Do With Government Bans?
14.2.2021
The combined forces of passionate communities with potent tools, and the deepening involvement of institutions, make successful bans less likely
Blockchain firm aims to build crypto city in Nevada desert
14.2.2021
CEO Jeffrey Berns says the smart city could incorporate digital currency payments for goods and services as well as records on the blockchain
Red Envelopes and BCH: Prominent Mining Execs Jiang Zhuoer and Jihan Wu Bolster Bitcoin Cash
14.2.2021
In recent days, bitcoin cash has seen significant gains, and supporters of the digital currency have been positive about specific developments, like the internet entrepreneur Kim Dotcom’s current support. On February 11, the Chinese New Year, the prominent bitcoin mining executives, Jiang...
‘Black Swan’ Author Pulls a 180- Nassim Taleb Says ‘Bitcoin’s a Failure, at Least for Now’
14.2.2021
On February 12, the well known Lebanese-American essayist and risk analyst, Nassim Nicholas Taleb, declared that the leading digital currency bitcoin is a failure, at least for now. Cryptocurrency fans have been upset by Taleb’s recent statements, after it seems the renowned author has done...
Private finance emerges as crypto’s next major growth catalyst
14.2.2021
GameStop saga catalyzes private finance to ascend rapidly, with on-chain privacy solutions and synthetic asset pools cropping up across the crypto space
El Español Says Spanish Authorities Joint Statement Is a Warning to Companies in the Wake of Tesla’s BTC Buy
14.2.2021
The Spanish financial markets watchdog and the country’s central bank criticized — again — cryptocurrencies as an investment asset. The entities issued a joint statement warning about the high risks the cryptocurrency market poses. Document: Crypto Adoption as a Payment Means...
Blockchain mysteries: Biggest crypto transaction fee oddities
14.2.2021
Take a look at a few crypto transactions that came with unnecessarily high fees