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Citigroup Ready to Go Crypto as Goldman Sachs ‘Wades Deeper into’ Bitcoin
7.5.2021
“A surge in interest from clients” has motivated the financial giant Citigroup to move into the world of crypto – after the bank stated that it was considering the launch of crypto trading, custody and financing services.
Speaking to the Financial Times, Itay Tuchman, Citigroup’s global head...
Bitcoin and Ethereum Correct Lower, QTUM, ETC Rally
7.5.2021
Bitcoin price struggled to extend gains above the USD 58,500 resistance. BTC started a fresh decline and traded below the USD 56,500 support. It is currently (04:45 UTC) trading below USD 56,000 and it might continue to move down.
Besides, most major altcoins are holding important supports. ETH...
South Korean Gov’t Has ‘Invested USD 44.5m in Crypto Firms Since 2017’
6.5.2021
Opposition lawmakers have launched a stinging attack on the South Korean government, accusing it of hypocrisy after it emerged that publicly owned companies and government departments have invested a combined USD 44.5m in crypto-related projects in the past four years.
The data was compiled by...
Reports suggest Goldman Sachs is now offering Bitcoin derivatives
6.5.2021
According to a new report, the investment firm is now offering trading with non-deliverable forwards
Metromile Goes Extra Mile With BTC, Crypto Investor Protection + More News
6.5.2021
Source: iStock/da-kuk
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Metromile, a listed digital insurance platform and pay-per-mile auto insurer, said it will soon allow...
Asian Companies Take a Leap into Bitcoin as Prices Upsurge
6.5.2021
Bitcoin had an increase in prices in 2020, with financial backers pushing its cost up almost 300 percent. The price is still surging up to an unequaled high of more than $63,000 at the start of April. However, apprehensions over its unpredictability and instability stay for certain investors...
Taxman Comes Calling at Kraken – IRS Gets Hands on Data from 2016-2020
6.5.2021
A branch of the California District Court has granted the American tax collecting body, the Internal Revenue Service (IRS), permission to issue a John Doe summons on the crypto exchange giant Kraken – in a bid to discover the identities of United States residents and citizens who have conducted...
Ethereum and Altcoins Rally, Bitcoin Corrects Gains
6.5.2021
Bitcoin price formed a base above the USD 54,000 zone. BTC started a steady increase and it cleared the USD 56,000 and USD 56,500 resistance levels. It even tested the USD 58,000 zone and it is currently (03:50 UTC) correcting gains.
Besides, most major altcoins gained bullish momentum....
Mercado Libre Embraces Bitcoin Pay – Which its CEO Wrote Off Last Year
6.5.2021
Mercado Libre, an Argentinian, Nasdaq-listed e-commerce giant, became the latest firm to embrace crypto pay last week. But its CEO appears to have had a rather dramatic change of heart on the matter – as he was publicly bashing bitcoin (BTC)’s payment credentials less than 12 months ago.
To call...
Bitcoin Coming to US Banks, Grayscale Giants, Blockchain.com Gets AI + More News
5.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Crypto custody firm NYDIG has partnered with fintech giant Fidelity National Information Services to enable US banks to offer...
40% of Surveyed Individuals Plan to Use Crypto Within a Year - Mastercard
5.5.2021
Amid a surging interest in cryptocurrencies as a payment method observed across the world, 40% of surveyed individuals said using crypto is in their plans for the next year, according to a recent survey commissioned by payments giant Mastercard.
The survey of some 15,569 people, conducted online...
Galaxy Digital To Acquire BitGo In a USD 1.2B Deal
5.5.2021
Mike Novogratz. Major financial services and investment management firm Galaxy Digital has agreed to acquire crypto services provider BitGo.
"The acquisition will position Galaxy Digital as a leading global full-service platform for institutions seeking access to the crypto economy, offering...
JPMorgan Boss Still Bashes Bitcoin – as His Firm Readies a BTC Fund
5.5.2021
Jamie Dimon, the CEO of JPMorgan. JPMorgan’s CEO Jamie Dimon has reiterated he has no interest in bitcoin (BTC) in spite of the fact that his company is reportedly on the verge of launching a ground-breaking bitcoin fund.
Last month, media reports linked the firm with the imminent launch of...
New York Takes Heat From Miami Over 'Wrong' Crypto Mining Ban Proposal
5.5.2021
A draft bill introduced by Sen. Kevin S. Parker, a member of the New York State Legislature from the ruling Democratic Party, seeks to impose a moratorium on cryptocurrency mining for three years. The move has been blasted “as another step by NY in the wrong direction” by Miami Mayor and Republican...
Sotheby’s Accepting Bitcoin and Ethereum in Banksy Auction
5.5.2021
2021 has been a marvelous year for cryptocurrencies, and Sotheby’s, the premium auction house recently added to the delight. The 277-year-old auction house recently announced that it would accept both Ether and Bitcoin for payment in its upcoming auction. As the said auction will involve Banksy’s...
DOGE Surges 50% To New ATH, Ethereum and Bitcoin Consolidate
5.5.2021
Bitcoin price remained in a range above the USD 53,500 and USD 54,000 support levels. BTC seems to be facing a strong resistance near USD 56,000 and it is currently (04:00 UTC) consolidating near USD 55,000. If there is a fresh decline, the bulls might protect USD 52,000.
ETH started a downside...
South Korean Crypto Tax U-Turn Looking Unlikely, Despite Outcry
5.5.2021
Despite the recent outcry about crypto tax among younger South Koreans, a new small survey has found that most of the respondents are in favor of imposing taxes on crypto traders’ profits.
Per Segye Ilbo and Chosun, the survey quizzed 500 people aged 18 and over nationwide and was commissioned...
An Ambitious Spanish Man Offered His Parking Space for Bitcoin
4.5.2021
Source: Adobe/Björn Wylezich
A small section of Spaniards is slowly seeking to turn its backs on fiat in favor of crypto for real estate transactions – with the owner of a parking space in A Coruña, a city in the Spanish province of Galicia – the latest to seek a bitcoin (BTC)-powered sale.
The...
USD 100M Multicoin, S&P Crypto, BTC & ETH in the Air at Sotheby's + More News
4.5.2021
A fragment of Love is in the Air by Banksy. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Multicoin Capital said it has raised a new USD 100m venture fund to back entrepreneurs...
Ashton Kutcher Invested in Bitcoin Despite Wife’s Advice
4.5.2021
Ashton Kutcher. Source: a video screenshot, Youtube, The Tonight Show Starring Jimmy Fallon
Hollywood actress Mila Kunis has revealed she had advised her husband and fellow movie star Ashton Kutcher against investing in bitcoin (BTC), but fortunately, he did not follow her advice.
“Early into...