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Dalio Disses Dollar Debt, But Warns Gov’ts May Target Bitcoin & Gold
16.3.2021
Ray Dalio. Source: a video screenshot, YouTube, TED
The superstar investor and sometime bitcoin (BTC) commentator, founder of major global investment firm Bridgewater Associates Ray Dalio has launched a stinging attack on government and other forms of dollar debt-buying in the form of bonds...
eToro Adds 6M Users On Its Way to Become USD 10B Public Company
16.3.2021
Source: Instagram, etoro_official
Multi-asset social trading platform eToro said it added over 5m new registered users in 2020 and another 1.2m this past January alone, reaching the 20m users milestone, as it aims to go public via a merger.
Per the company, in 2019, monthly registrations averaged...
Europe Gets Its New Crypto Unicorn, Bitpanda
16.3.2021
Vienna-based digital asset platform Bitpanda said it was valued at USD 1.2bn after it raised USD 170m in a Series B round.
The round was led by Valar Ventures, with participation from the partners of DST Global, the company said in an emailed announcement. Valar Ventures, a New York-based venture...
Bitcoin Breaks Key Support, Ethereum and Altcoins Extend Losses
16.3.2021
Bitcoin price extended its decline below the USD 58,000 support. BTC even broke the key USD 55,000 support level and declined towards USD 53,000. It is currently (05:30 UTC) recovering, but the bulls could struggle near USD 55,000 and USD 56,000.
Similarly, there were additional losses in most...
Elon Musk and Kirkhorn are 'Technoking of Tesla' and 'Master of Coin' From Now
15.3.2021
Source: Twitter/@elonmusk
Starting today, the world can call Tesla supremo Elon Musk and the company CFO Zach Kirkhorn by their newly acquired titles.
"Effective as of March 15, 2021, the titles of Elon Musk and Zach Kirkhorn have changed to Technoking of Tesla and Master of Coin...
Rinse & Repeat, and Never Learn: Another USD 1B Liquidated In One Hour
15.3.2021
Overleveraged and overly optimistic crypto traders once again lost billions amid a selloff in the crypto market.
More than USD 1bn in cryptoasset trading positions was liquidated in one hour today, bringing total liquidations to more than USD 2.3bn in the past 24 hours (194,539 positions...
Latest Episode of India’s Crypto Ban Soap Draws Decidedly Mixed Reviews
15.3.2021
Yet another “unnamed Indian government source” has come forward with forecasts of doom – telling Reuters that New Delhi is set to unveil a law “banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets,” and stamping out mining.
But, once again, everything...
Bitcoin, Ethereum and Altcoins Correct Gains
15.3.2021
Bitcoin price rallied above the USD 60,000 resistance and traded to a new all-time high near USD 61,800 before correcting lower. BTC corrected below USD 60,000, fluctuating around the USD 58,500 level (05:30 UTC).
Besides, most major altcoins are consolidating. ETH is trading in a range above...
Bitcoin Conquers USD 60,000 As Demand Exceeds Supply
13.3.2021
The most popular cryptocurrency, bitcoin (BTC), reached another milestone today, surpassing the USD 60,000 level for the first time in its history.
At the time of writing (12:06 PM UTC), BTC trades at USD 59,927, correcting from its new all-time high of USD 60,445 (per Coingecko.com), reached...
Bitcoin Bulls Just Got A New Friend - The Bitcoin Cow, Bitkoinka
13.3.2021
An associative picture. A cow has been bought with bitcoin (BTC) for the first time in Montenegro, and possibly the entire Balkans, according to the local agricultural site Seljak.me Savjetuje ('Farmer Advises Me').
It's quite common for the Balkans area's farm folk, and possibly Slavs in general...
MicroStrategy Does Its Bitcoin Thing Again, Man Group CEO Warns + More News
12.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
US-based business intelligence company MicroStrategy bought additional BTC 262 for around USD 10.5m in cash at an average price...
A Year Since Big Market Crash: Bitcoin Up 1,370%, Ethereum - 1,740%
12.3.2021
It has been a year since the infamous Black Thursday (USA time) / Black Friday (UTC time) - one of the "droppiest" events in Bitcoin (BTC)'s, Ethereum (ETH)'s, and altcoins' history. And the world's first crypto has come a long way since.
On the night (UTC time) from Thursday, March...
Binance Rolls out Crypto Pay Service for Bitcoin, Ether, Fiat and More
12.3.2021
The crypto exchange giant Binance has come good on claims last year that it was poised to join the payments sector, moving its Binance Pay platform out of beta and into the full rollout.
Following a similar move from rival crypto trading platform Bitfinex earlier this month, Binance wrote, in...
Bitcoin Eyes Fresh ATH, Ethereum and Altcoins Show Positive Signs
12.3.2021
Bitcoin price is following a bullish path above the USD 55,000 pivot level. BTC even broke the USD 58,000 resistance before correcting lower. It is currently (05:00 UTC) trading above USD 56,000 and it might continue higher towards USD 60,000.
Besides, most major altcoins are holding important...
Chat App KakaoTalk’s Crypto Wallet Now Has 0.75m Users
12.3.2021
The logo of the KakaoTalk chat app. The South Korean chat app operator Kakao says some 0.75 million, or more than 1% of its users are now using its chat app-linked crypto wallet that was launched in June 2020.
Per a report from TechM, the service is firmly “en route to the 1 million-user mark,”...
US & EU Money Printers, Mt. Gox's Karpeles on Rehabilitation Plan + More News
11.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Economy news
The European Central Bank said it will continue to conduct net asset purchases under the pandemic emergency purchase program with...
BlockFi Valued at USD 3B Following USD 350M Round
11.3.2021
BlockFi co-founders: Flori Marquez and Zac Prince
The US-based major financial services company focused on cryptoassets, BlockFi, was valued at USD 3bn following its recent USD 350m Series D fundraising round.
It was led by new investors including Bain Capital Ventures, partners of DST Global...
BlackRock Says Gold Bites the Dust as It Eyes Bitcoin
11.3.2021
Gold is failing as a hedge against inflation, according to Russ Koesterich, Global Chief Investment Strategist of the world’s largest asset manager, BlackRock, who last year said that gold is "still a buy."
Gold's efficacy as a hedge is declining, said Koesterich in his blog post. While...
Bitcoin Consolidates Gains, Ethereum and Altcoins Basing For Next Move
11.3.2021
Bitcoin price remains in a bullish zone and it recently climbed above the USD 56,000 and USD 57,000 levels. BTC traded close to USD 57,500 before correcting lower. It is currently (05:00 UTC) showing positive signs around USD 55,500 and it might continue higher above USD 56,500.
Besides, most major...
Japanese Crypto Tax Evader Hit with Year-long Jail Sentence
11.3.2021
The Japanese courts have sent an ominous warning signal to would-be crypto tax evaders – by jailing a 56-year-old man who pleaded ignorance of how Japan’s crypto tax laws work.
Per Chunichi, the man, an office worker named Hideji Matsuda, was given a one-year sentence and fined over USD 202,000...