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South Korean Newspaper to Give its Subscribers Kakao's Klay Token
6.4.2021
In an unprecedented move, the mainstream South Korean newspaper Hanguk Kyungjae has announced that it will begin giving out crypto tokens to subscribers of its print and online editions.
The newspaper (English name: “Korea Economic Daily”) is one of the nation’s leading financial dailies. It...
Crypto Listing and Delisting Announcements: Week 14
5.4.2021
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Crypto Market Sentiment Jumps Back Into Positive Zone; Litecoin Takes Top
5.4.2021
While its two-week-long undecidedness had then been followed by a drop, over the course of the past week the market sentiment jumped up and back into the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins took a relatively large step up from 5.69...
Bitcoin Shows Positive Signs Near USD 58K, XRP Rallies Above USD 0.70
5.4.2021
Bitcoin price is consolidating below the USD 58,500 resistance level and is currently (12:30 PM UTC) showing a few positive signs. A successful daily close above USD 58,000 could open the doors for a steady increase.
Besides, most major altcoins are showing signs of more possible gains. ETH...
Japanese Central Bank Starts Testing on Digital Yen
5.4.2021
The Bank of Japan headquarters. The central Bank of Japan (BoJ) has come good on its promises to begin testing a prototype for a digital yen before the end of Spring.
Per Reuters, the BoJ has begun a series of tests that will run until March 2022, and will test the “technical feasibility...
Garlinghouse Backtracks on BTC as Ripple Gains Ground on SEC & XRP Soars
5.4.2021
Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg
Brad Garlinghouse, the CEO of Ripple, appears to have reeled in some of his criticism of bitcoin (BTC) after a backlash on social media, while Ripple itself last week scored a legal victory of sorts.
As reported last week, the Ripple...
Russian Central Bank Wants to ‘Limit’ Stablecoin Use in Payments
3.4.2021
Russia’s Central Bank wants to position itself as the country’s digital economy center of gravity – and appears ready to pave a way for its forthcoming digital ruble to gain market dominance. And it wants to make sure of that by placing a limit on the use of stablecoins in settlements.
Per...
Bitcoin, Ethereum, and Altcoins Remain In Uptrend
2.4.2021
Bitcoin price is following a strong uptrend above USD 59,000. BTC is currently (12:00 PM UTC) trading near USD 60,000 and it might accelerate higher in the near term. The next major target for the bulls could be USD 62,000.
Similarly, most major altcoins are also gaining bullish momentum. ETH...
Independent Local Stablecoin Booming in South Korea’s Buyeo
2.4.2021
Statue of the Lying Buddha of Miamsa Temple in Naesan-myeon, Buyeo-gun, South Korea. The circulation of a local stablecoin operated by South Korea’s Buyeo County has exceeded the USD 93m mark as the county looks to expand the use of its token.
Per Kuki News, the county has enabled near-field...
Abkhazia to Criminalize Crypto Mining and Extend ‘Temporary’ Ban
1.4.2021
The de facto South Caucasus state of Abkhazia’s crypto mining miseries continue to deepen, with the government set to criminalize mining – and extend a mining ban as power supplies continue to experience disruption.
As previously reported, anarchic scenes have become commonplace as large-scale...
Coinbase Listing Has Largest Impact On Price Among 6 Exchanges - Messari
1.4.2021
Source: Instagram, Coinbase
Among six of the major crypto exchanges, Coinbase listings have the biggest effect on a coin's price, according to a researcher at the crypto intelligence firm Messari.
Its report noted the so-called 'Coinbase Effect' as a well-known phenomenon referring to the positive...
Coin Race: Top Winners/Losers of March and 1st Quarter of 2021
1.4.2021
March came to an end, and with it the first quarter of 2021. Both turned out to be very green for the crypto market. As a matter of fact, not a single coin's price from the top 50 by market capitalization dropped over the past three months, and only one among the top 100 did.
As the last month...
Digital Euro Summer, Enjin Filled With Millions, Biden's USD 2T Tax Plan + More News
31.3.2021
Joe Biden. Source: A screenshot, Instagram/joebiden
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
CBDCs news
The President of the European Central Bank (ECB), Christine Lagarde, has stated that...
French Crypto Investor Sues Australian Firm After Klaytn Deal Goes South
31.3.2021
French businessman Alexandre Raffin, who runs the Paris-based Gains Associates, a company that allows investors to pool their money and buy crypto, has filed a lawsuit in an Australian court against crypto advisory and research company Modern Assets Australia. Raffin accused the Australian firm...
Customers of Small South Korean Crypto Exchanges Fear for their Funds
31.3.2021
South Korean crypto exchanges are now among the most tightly policed trading platforms in the world after a new piece of anti-money laundering (AML) legislation promulgated last week, also placing controls on banking operations and much more. But in the ensuing grace period – which runs until late...
Tether's Assets Exceeded Its Liabilities (On February 28) - Auditor
30.3.2021
Source: iStock/standret, Cryptonews.com
Tether, the issuer of the most popular stablecoin, tether (USDT), published its independent accountant's report that claims that the company's assets exceed its consolidated liabilities "as of 28 February 2021 at 11:59 PM UTC."
Cayman-based...
Crypto Community Asks Who's Next As SEC Hits Decentralized LBRY
30.3.2021
Crypto users and advocates are rallying somewhat uncertainly around the cause of the decentralized content platform operator LBRY. The operator has been hit with a USD 11m legal challenge from the US Securities and Exchange Commission (SEC) – which, per legal documents filed with the New Hampshire...
Russia Wants to Use the Digital Ruble to Power its USD Purge
30.3.2021
The politician charged with putting together Russia’s crypto regulation legislation and forming the nation’s financial policy has spoken about the need to purge the United States dollar from the economic system – and has called the forthcoming digital ruble a “higher form of money.”
Speaking in...
Ripple Goes For M&A in Asia Amid Legal Battle In US
30.3.2021
Source: iStock/isa_ozdere
US-based major blockchain company Ripple that is still fighting a major legal battle with American regulators said it has agreed to acquire 40% in Tranglo, an Asian cross-border payments specialist.
The transaction is expected to be closed this year, while TNG Fintech...
Crypto Listing and Delisting Announcements: Week 13
29.3.2021
Source: iStock/~UserGI15632523
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...