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PayPal to Beef up Crypto Operations with ‘Significant Investment’
4.2.2021
PayPal’s decision to embrace crypto was widely credited with sparking last year’s crypto price surge, and bitcoin (BTC)-to-USD rates are now rising steadily after the company claimed that it would “significantly invest” in a “new crypto, blockchain and digital currencies business unit” that...
Bitcoin and Ethereum Extend Rally, Altcoins Gain Momentum
4.2.2021
Bitcoin price started a steady increase after it settled above USD 35,000. BTC even cleared the USD 37,000 resistance to move into a positive zone. It traded close to USD 38,400 and it is currently (05:00 UTC) correcting lower.
Similarly, most major altcoins are trading in a positive zone. ETH/USD...
UK investment manager sells off half BTC holdings after $750M win
3.2.2021
"The economic environment for Bitcoin right now could not be better," said Duncan MacInnes
Pension Fund's Exposure to Bitcoin, USD 600,000 per BTC + More News
3.2.2021
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 California Public Employees’ Retirement System (CalPERS), America’s biggest public pension fund, upped its stake in Riot...
Bitcoin News Roundup for Feb. 3, 2021
3.2.2021
With BTC trading in its recent range and a look at DeFi in a post-WallStreetBets world, CoinDesk’s Market Daily is back with the latest news roundup
So You’re Not a Bitcoin Whale – But What Kind of BTC Sea Creature Are You?
3.2.2021
You’ve probably heard about the overarching influence of bitcoin (BTC) whales, but it turns out there are plenty more fish in the crypto sea – and they all have an impact on the health of the sector. Are you one of those hard-to-find whales after all, or are you a mere crypto ocean bottom feeder?...
Visa Growing Increasingly Bullish on Crypto, Announces Neobank Pilot
3.2.2021
The payments giant Visa has sent yet another clear message to the crypto world – as it courts more crypto sector custom and edges yet further toward adoption.
In a press release, the firm stated that it has sealed a deal with the Kansas-based neobank First Boulevard, which targets predominately...
1,400+ Firms Flock To Learn About Bitcoin, But 'There Is No Playbook'
3.2.2021
As the interest in bitcoin (BTC) as a treasury asset is seemingly growing among companies, new initiatives that help business people better understand this investment and related risks emerge.
While one of the most active BTC promoters, US-based software company MicroStrategy, plans to host over...
Crypto World Waits to See What Post-Bezos-era Amazon Will Bring
3.2.2021
The world of crypto is watching developments at Amazon with great interest after the company’s founder Jeff Bezos announced that he would be stepping aside as the firm’s CEO.
In an official announcement, Bezos indicated that he was stepping down from the day-to-day operations of the e-commerce...
Bitcoin ATM Boom, OKEx's Lightning, India's Blockchain Plan + More News
2.2.2021
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
CoinFlip, a major US-based Bitcoin ATM operator, said it grew its network from 441 ATMs in January 2020 to over 1,400...
Bitcoin News Roundup for Feb. 2, 2021
2.2.2021
With BTC rising and a look at what could happen in a post-COVID economy, CoinDesk’s Market Daily is back with the latest news roundup
'Profit-Taking Has Completed' - Will The Market See Bullish Bitcoin Signals?
2.2.2021
As bitcoin (BTC)'s price is trying to move higher again, a number of bullish signals have appeared on the crypto sky, according to insiders - while a popular analyst argues that the profit-taking is over.
Earlier today, BTC jumped to almost USD 35,350 before it corrected lower again. At pixel time...
The Winklevoss Test New Way To Earn More Clients For Gemini
2.2.2021
Crypto is being feted as a promising store of value or even an “inflation-proof” asset by some – but it appears some industry players want to go a step beyond even this, with US-headquartered crypto exchange Gemini revealing a new 7.4% annual percentage rate offering on a new crypto account.
The...
Colombian Banks to Work with Exchanges on Year-long Crypto Pilot
2.2.2021
Colombian banks are set to form an unlikely alliance, with some of the nation’s biggest crypto exchanges set to work together on a cryptoasset transactions pilot.
Per Semana, the pilot will, in most cases see crypto exchanges join forces with a bank to test how financial institutions can use crypto...
Bitcoin Consolidates While Ethereum and Altcoins Eye Additional Gains
2.2.2021
Bitcoin price is consolidating above the USD 33,000 and USD 32,200 support levels. On the upside, BTC is facing a strong resistance near the USD 34,500 and USD 35,000 levels. It is currently (05:00 UTC) showing positive signs, but it must settle above USD 35,000 for a steady increase.
Conversely...
Ukraine Wants to Bolster its Budget with Nuclear-powered Crypto Mining
1.2.2021
The Ukrainian energy ministry is in advanced talks with a domestic crypto mining firm named Hotmine over a proposed deal to allow the company to build mining centers at more of the nation’s nuclear power plants.
As reported late last month, the ministry, in conjunction with NAEC Energoatom –...
Bitcoin News Roundup for Feb. 1, 2021
1.2.2021
With BTC stalling and the price of silver soaring to eight-year highs, CoinDesk’s Market Daily is back with the latest news roundup
India's Budget Proposed Today But No Word On Banning Crypto (Yet)
1.2.2021
India's budgets session has started, but so far there seems to be no word on the much-discussed crypto ban.
India's Finance Minister Nirmala Sitharaman has presented Union Budget 2021-22 today, as was confirmed by the Ministry of Finance's website. The Ministry offers the text of Sitharaman's...
Mark Cuban Says Crypto Is a Store of Value & Redditors Right to ‘Kick Wall St. Ass’
1.2.2021
Mark Cuban. Source: a video screenshot, Youtube, The Filmy
Shark Tank star and Dallas Mavericks supremo Mark Cuban appears to be growing increasingly bullish on all things crypto-related, claiming that “blockchain-driven assets have now legitimately become stores of value.”
Adding to...
Elon Musk Just Asked Robinhood CEO These Questions – Here Are His Answers
1.2.2021
The Robinhood CEO Vlad Tenev has been grilled by the hottest name in crypto – the world’s richest man and Tesla supremo Elon Musk.
In a livestream on the Clubhouse app, Musk was given the chance to ask a series of questions to Tenev, Robinhood’s under-fire boss.
Musk wasted no time getting straight...