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Bank of America report extols the virtues of HODLing
25.3.2021
New research from the multinational investment bank confirms what many of us knew all along: Investors should never try to time the market
New FATF Guidance Applies Regulatory Standards to Decentralized Exchanges, Defi and NFTs
24.3.2021
On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets. The newly updated guidance now applies anti-money laundering and know-your-customer rules to stablecoins, decentralized finance (defi), and non-fungible token (NFT) assets....
Tesla confirms Bitcoin hodl strategy as new report says BTC should 'comfortably' hit $100K
24.3.2021
Analysts at Decentrader point to encouraging hodler behavior that suggests that BTC/USD is far from its cycle top at $56,000
Ethereum's high gas fee crisis won't be solved by EIP-1559: Coin Metrics report
24.3.2021
Consistently full blocks are the primary reason that gas prices have reached all-time highs
Report: Upgraded Switch Will Use New Nvidia Chip To Upscale To 4K
23.3.2021
Outputting native 4K graphics is hard. Upscaling to 4K is a little easier. According to a Bloomberg report posted early this morning, Nintendo’s long-rumored upgraded Nintendo Switch will leverage a new Nvidia system-on-a-chip to upscale its docked graphics to 4K.Read more
Report: Mobile Game Final Fantasy XI R Has Been Canceled
23.3.2021
For the past few years, Square Enix has been co-developing mobile Final Fantasy XI R with Nexon. The game was dubbed an “MMMRPG” or “Massively Multiplayer Mobile RPG.” But now, apparently, it’s no more.Read more
Report: JP Morgan Boss ‘Not Happy’ as Capital Positions Exemption for Big Banks Ends
23.3.2021
On March 19, 2021, the U.S. Federal Reserve Board published a press release that detailed the temporary supplementary leverage ratio easements will be expiring as scheduled. U.S. banks will no longer have the relaxed capital requirements they once held since the onset of the Covid-19 outbreak....
Report: Microsoft Wants To Buy Discord For "Over $10 Billion"
23.3.2021
Bloomberg is reporting that Microsoft is one of several companies “in talks” to purchase chat and community platform Discord, for a price said to be in excess of $10 billion.Read more
Institutional crypto managers report record AUM despite U.S. inflows plummeting
23.3.2021
Institutional inflows have declined 59% this past week, but AUM is at an all-time high
In Venezuela, USD, Not Bitcoin, Still Reigns Supreme – Report
22.3.2021
The United States dollar, not crypto, is still king in Venezuela, despite suggestions otherwise, a new report has alleged.
As previously reported, crypto adoption is on the rise in Venezuela, where crypto pay has enjoyed a boom. Cryptoassets such as bitcoin (BTC), ethereum (ETH) and dash (DASH)...
AMD Won’t Restrict Crypto Miners From Using Its Graphic Cards
22.3.2021
Major chipmaker Advanced Micro Devices (AMD) keeps making headlines amid the battle between crypto miners and PC gamers. Now, the company seems to have made a step forward to become friendlier to those with crypto mining purposes. AMD Doesn’t Want to Follow Nvidia’s Path According to...
Unconfirmed Report From Court Hearing May Have Sparked XRP Rally
22.3.2021
Recent statements by an attorney who claims to have attended a court hearing in the ongoing US Securities and Exchange Commission (SEC)'s case against blockchain company Ripple might have helped XRP today.
At the time of writing (14:07 UTC), XRP, ranked 7th by market capitalization, trades at...
Deutsche Bank, Visa, Binance, Naver Eye Deal for Bithumb – Report
22.3.2021
Rumors appear to be hotting up as rival players – including the likes of Deutsche Bank, Visa, Binance and the search engine operator Naver – have reportedly held talks about buying minority or controlling stakes (or possibly even taking over) Bithumb, South Korea’s biggest crypto exchange.
As...
Deutsche Bank: Bitcoin Now 3rd Largest Currency, Too Important to Ignore
22.3.2021
Deutsche Bank has published a report stating that bitcoin is too important to ignore, noting that it is now the third-largest currency in terms of the total value in circulation. In addition, the bank says that governments and central banks know that cryptocurrencies are here to stay and...
Bitcoin’s new use case? A report card for how the US handles the dollar
21.3.2021
An important new role for the world’s first cryptocurrency as an inflation gauge — or just another fantasy of Bitcoin maximalists?
South Koreans Are Required to Pay Taxes for Crypto Holdings in Overseas Exchanges, Authorities Warn
20.3.2021
South Korean tax authorities are unstoppable in keeping crypto holders in their eyes and making them accountable to pay taxes. The National Tax Service (NTS) has issued a warning to the crypto traders that they have to report their earnings even from tokens held in foreign exchanges. No Details...
Report: More Layoffs Loom As Activision Blizzard Moves To Close European Publishing Offices
19.3.2021
Activision Blizzard is planning to close its publishing offices in Europe and lay off even more employees in the process, according to a new report by GamesIndustry.biz.Read more
Study Finds Cryptocurrency Scams Surged 40% in 2020, Forecasts an Increase of 75% in 2021
19.3.2021
A new study revealed that cryptocurrency-related scams almost doubled over the last year. However, forecasts are not optimistic going forward, as the report forecasts another significant increase in the number of cases in 2021. Research Scanned Over 300 Million Websites According to...
Stock Exchange SIX Aims to List Bitcoin on SDX, Crypto Trading Platform to Launch This Summer
18.3.2021
On March 17, a report detailed that the digital exchange being developed by Switzerland’s principal stock exchange SIX is preparing to launch by the summer of 2021. The exchange called SIX Digital Exchange (SDX) reportedly will also offer bitcoin, alongside the possibility of non-fungible...
BTC’s ‘Hands of Steel’- 37% of Bitcoin’s Supply Hasn’t Moved Since 2017, 55% Sat Idle After 2018’s Bottom
16.3.2021
Just recently, the onchain data and research company Glassnode published a report that introduces variations of Bitcoin’s Spent Output Profit Ratio (SOPR) and Market Value to Realized Value (MVRV) Ratio. Glassnode analyst, Rafael Schultze-Kraft, explains the difference between long-term...