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Crypto Exchange Bithumb: Beware Bogus Brokers Posing as Our Staff
15.2.2021
South Korea’s market-leading crypto exchange Bithumb said it will crack down on unscrupulous bogus brokers who pretend to be members of its staff and approach blockchain operators to discuss listing options for their tokens – before scamming them by demanding “listing fees.”
Per Fn News, a growing...
MicroStrategy Makes another Bitcoin Move, HK ‘on Tenterhooks’ + More News
15.2.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
Some 100 people have already applied for Bitcoin (BTC) blockchain data-related roles at the BTC-keen American software firm...
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...
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...
PwC Chief: Mexican Companies Want to Follow Tesla into Bitcoin Investment
15.2.2021
Mexican companies are developing an interest in following the lead of companies north of the border – and could seek to emulate the bitcoin (BTC)-buying leads of United States-based companies like Tesla.
These were the conclusions of a report from El Economista, which quoted Mauricio Hurtado...
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...
Bitcoin Corrects Gains, Ethereum and Altcoins Drop Sharply
15.2.2021
Bitcoin price climbed to yet another new all-time high at USD 49,650 before it started a downside correction. BTC dipped below USD 47,000, but it remained stable above USD 46,000. It is currently (05:00 UTC) recovering higher, but it could face resistance near USD 47,500.
Besides, most major...
Bitcoin Nears And Stops at the USD 50,000 Gate
14.2.2021
It took two months for the most popular cryptocurrency, bitcoin (BTC), to rally from USD 20,000, reached again after a three years journey, to almost USD 50,000 today on signs of increasing demand.
After starting this week below USD 38,000, BTC rallied on Tesla's BTC deal news, and, today, it took...
Canada OKs Its First Bona Fide Bitcoin ETF, JPMorgan on BTC + More News
12.2.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Bitcoin news
The Ontario Securities Commission has green-lighted Canada’s first fully-fledged, publicly-traded bitcoin (BTC) exchange-traded fund...
Bitcoin News Roundup for Feb. 12, 2021
12.2.2021
With bitcoin slipping after hitting a new all-time high around $49K and Canadian regulators approving a bitcoin ETF, CoinDesk’s Market Daily is back with the latest news roundup
American Political Leaders Playing High-stakes Bitcoin Pledge War
12.2.2021
Andrew Yang. Source: a video screenshot, Youtube/Andrew Yang
Politicians appear set to use bitcoin (BTC) and altcoins as tools to score points with crypto-keen voters and citizens in some of the USA’s biggest cities – as would-be New York mayor Andrew Yang and current Miami mayor Francis Suarez...
India’s Crypto Community Fights Back As Ban Bill Turns Into Tiresome Soap Opera
12.2.2021
Crypto enthusiasts in India have run out of patience with unsourced reports of the government’s alleged forthcoming crypto crackdown – and have challenged New Dehli to come clean with its intentions.
On Twitter, Indian crypto community members say that they are tired of the government allegedly...
Cybercriminal 'Bitcoin Billionaire' JokerStash Retires
12.2.2021
A fragment of Jan Matejko's \"Stańczyk\". The founder of one of the most popular carding marketplaces, Joker’s Stash, has retired having amassed a fortune of over USD 1bn, according to blockchain analytics firm Elliptic.
Per cybersecurity firm Gemini Advisory, JokerStash claims to keep all proceeds...
Nigerian Senators Blast Central Bank For Its Crypto Ban
12.2.2021
Following the Central Bank of Nigeria’s (CBN) clampdown on banks facilitating crypto investments, a number of the country’s senators have voiced their outrage at the bank, calling on the Nigerian regulators to facilitate the further adoption of cryptocurrencies across the country. The CBN Governor...
PayPal Touts Crypto For Its 'Super App,' But It Won’t Buy Bitcoin Just Yet
12.2.2021
Dan Schulman. Source: a video screenshot, Youtube/Axios
Payments giant PayPal will “probably” not be following Tesla’s lead in bitcoin (BTC) buying just yet – but it will spare no effort in allowing its customers to fill their boots with crypto-related offerings.
In presentations to investors...
Jay-Z & Jack Dorsey Give BTC 500 for Bitcoin Development, New India Ban Rumors Emerge
12.2.2021
Jack Dorsey. Source: a video screenshot, Youtube, WIRED
Bitcoin (BTC) bull, Twitter CEO Jack Dorsey said that he and Jay-Z, an American music megastar, are giving BTC 500 (USD 23.5m) to fund BTC development.
The funds will go into a new endowment named ₿trust, Dorsey said, adding that it will...
Bitcoin Sets New ATH, Ethereum and Altcoins Remain Supported
12.2.2021
Bitcoin price gained bullish momentum above the USD 47,500 and USD 48,000 levels. BTC even traded to a new all-time high near USD 48,600 before correcting lower. It is currently (05:00 UTC) trading below USD 48,000, with major supports at USD 47,000 and USD 46,500.
Besides, most major altcoins...
Spain Crypto Warning Was ‘to Spook Companies Planning Tesla-type BTC Buys’
12.2.2021
A new report claims that the top Spanish financial markets regulator and the nation’s central bank may have released their latest warning about the “dangers” of crypto investment in an attempt to scare companies in the country away from following Tesla’s lead by getting into bitcoin (BTC)...
Tesla Bitcoin Buy Highlights Need to Fix US Accounting Rules
11.2.2021
Tesla’s much-discussed recent decision to make a USD 1.5bn bitcoin (BTC) purchase continues to generate ripples in the American business pond – and has led some to claim accountancy rules should be updated to cover corporate crypto investments.
Industry observers are calling on the regulatory...
Uber Says "Maybe" & "No" To Bitcoin, Yellen On Crypto Crime + More News
11.2.2021
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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Bitcoin news
Uber has “quickly dismissed” the idea of buying bitcoin (BTC) with the cash on its balance sheet, because the company...