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New South Korean Crypto ‘Crackdown’ not ‘Bluster’ as Banking Ties Strain
8.4.2021
Source: Adobe/Raphaël Bourgeois
The South Korean government has announced that it will embark on a “crackdown” on illegal crypto transactions, including those made on international crypto exchanges – following a meeting of high-powered political leaders, law enforcers and financial...
Bitcoin Evolves From Tulips Into A Geopolitical Weapon As US Warned Again
8.4.2021
Washington has received yet another warning about the dangers of inertia in the bitcoin (BTC) sphere, with a leading investment guru and political donor claiming that the United States could be neglecting the token at its own peril – and playing directly into Beijing’s hands.
Speaking at a virtual...
Bitcoin price stalls as traders warn BTC could dip lower than $55K
8.4.2021
This week's drop is not "convincing," analyst Filbfilb says, echoing others' misgivings about the likelihood of a short-term bullish continuation
USD 3 Trillion Corporation State Street Goes Crypto
8.4.2021
US-based financial giant State Street aims to enter the crypto trading market in the middle of this year.
State Street's trading platform Currenex, that was reportedly put for sale last year, partnered with London-based Puremarkets Ltd (Pure Digital) in order to develop a wholesale, multi-custodial...
Tesla's landlord accepts crypto; will Elon Musk pay rent in Bitcoin?
8.4.2021
Elon Musk will accumulate Bitcoin, but will he spend it? The Tesla CEO now has the chance to pay his rent in BTC following its adoption by the real-estate firm he uses
Cryptojacking Activity Decreased for the First Time Since 2018, Says Intelligence Report
8.4.2021
Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled the results. Report Focused on Cryptojacking Incidents With Monero According...
VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
8.4.2021
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital...
The Ledger Solution Is Your Secure Gateway to All Crypto Services
8.4.2021
Everyone already knows that a hardware wallet is critical to protect your digital assets, but did you know that Ledger offers much more than that? By combining the hardware wallet with the Ledger Live app you can buy, sell, lend, swap and stake multiple cryptocurrencies – all in one place....
Bitcoin, Ethereum And Altcoins Struggle to Recover
8.4.2021
Bitcoin price extended its decline below the key USD 57,000 support level. BTC even broke the USD 56,200 support, but the bulls were active near USD 55,500. It is currently (04:30 UTC) consolidating above USD 56,000, and it is facing many hurdles near USD 57,000 and USD 57,200.
Similarly, most...
Miners are hoarding Bitcoin from record daily earnings
8.4.2021
Miners are back in accumulation mode, with 5,000 BTC added to Bitcoin’s unspent supply since the start of February
The Missing Link: How Chainlink’s Pallet Aims to Deliver Greater Informational Access
8.4.2021
As demand for smart contracts climbs, Chainlink’s modular oracle for the Substrate framework aims to power developers and defi applications with trusted off-chain information and pricing data needed to attract projects to Polkadot and Kusama. Blistering Growth in Defi and Smart Contracts...
Crypto sentiment falls even as Bloomberg tips Bitcoin will hit $400K
8.4.2021
Despite apparent sentiment shifts following this week’s price dip, experts are predicting Bitcoin will potentially reach $400,000 eventually
Bitcoin bulls return after BTC bounces at a key support level
8.4.2021
Bitcoin price appears to be gaining bullish momentum after BTC bounced off the lower Bollinger Band
JPMorgan Boss Says ‘Emerging Issues’ Like Cryptocurrencies ‘Need to Be Dealt With Quickly’
8.4.2021
JPMorgan’s boss Jamie Dimon has a bone to pick with cryptocurrencies, shadow banking, and the financial technology (fintech) economy. In a letter to JPMorgan shareholders, Dimon explained that banks are “playing an increasingly smaller role in the financial system”...
China using Bitcoin as ‘financial weapon’ against United States: Peter Thiel
8.4.2021
Peter Thiel has urged the U.S. government to reappraise China’s relationship with Bitcoin from a geopolitical perspective
Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million
8.4.2021
Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange...
SEC likely to approve Bitcoin ETF in 1-2 years, says analyst
8.4.2021
"We think we're likely to see one in the coming year or two, but we don't have a firm timeframe as to when the answer would be yes," said Todd Rosenbluth
Economist Says Bitcoin Isn’t Too Big to Fail — Warns BTC Can Only Establish Itself if Governments Allow It
7.4.2021
Allianz’s chief economic advisor Mohamed El-Erian says that bitcoin is not too big to fail and that governments may intervene. While he believes that cryptocurrency will grow in popularity, the economist says “it takes away a lot from governments,” adding that this asset...
XELS Launches Eco-Conscious Blockchain Platform for Carbon Offset Credits
7.4.2021
PRESS RELEASE. Blockchain-based carbon offset platform XELS provides global access to the decentralized carbon market and its ERC20 token will launch on Bittrex Global on April 8th, 2021. 7th April 2021, Date Tokyo, Japan — XELS is one of the leading startups tackling climate change...
Retail traders become 'sitting ducks' as sell-off triggers $1.4B liquidation
7.4.2021
Retail traders have been using high leverage throughout the current bull market, but that's not the real reason for today's market-wide sell-off