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‘Gold Is Clearly Being Replaced by Digital Gold’- Precious Metal Markets Spike, Strategist Mike McGlone Calls PM Action ‘Meh’
7.5.2021
Precious metals (PM) markets have been trading a bit higher in recent days, while cryptocurrency markets have been seeing gains as well. Spot gold prices have jumped to $1,805 per ounce, up more than 1.3% during the last 24 hours, while silver prices have increased by 2.5%. As PMs have gathered...
Crypto Analytics Firm Coin Metrics Raises $15 Million, Goldman Sachs Leads Funding Round
6.5.2021
On May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in Series B financing round. The funding was led by Goldman Sachs and a number of other venture firms, as digital currency data has become a hot commodity in recent times. Digital...
Digital Currency Group backs South Korean crypto exchange operator
6.5.2021
Streami, the company behind the popular GOPAX exchange, has received direct funding from Digital Currency Group
Indian start-up organization proposes regulatory framework for crypto
6.5.2021
An internet startup association in India has asked the government to define cryptocurrencies like Bitcoin as digital assets and not currencies
Sony Sued For Restricting Its Digital Game Sales To PlayStation Store
6.5.2021
Two years ago, Sony stopped selling digital download codes for its games through retailers like Amazon, Best Buy, and Walmart. And now the gaming giant has been hit with a class-action lawsuit.Read more
Kazakhstan opens public consultation for central bank digital currency
6.5.2021
The potential national digital currency in Kazakhstan is not intended to replace either cash or cashless payments, the central bank stressed
Vietnam Plans to Regulate Digital Currencies After Commissioning a Crypto Research Group
6.5.2021
Vietnam is treading waters into the cryptocurrency industry, as the government recently commissioned a research group for the purpose. The Vietnamese Ministry of Finance is conducting an in-depth study of cryptocurrencies for regulation purposes. One Million Vietnamese Are Reportedly Crypto Users...
The NFL Gets a Taste of Crypto as Grayscale Partners With the New York Giants
6.5.2021
The world’s largest cryptocurrency asset manager Grayscale Investments has announced the first partnership with a National Football League (NFL) team. Grayscale will be the official digital currency asset management partner for the New York Giants and will sponsor a number of events....
Dogecoin Has ‘Remarkably Strong Fundamentals’ Despite Deficiencies, Says Mike Novogratz’s Galaxy Digital
6.5.2021
Bitcoin bull Mike Novogratz’s company, Galaxy Digital, has analyzed dogecoin and concluded that “despite its deficiencies, dogecoin has remarkably strong fundamentals and powerful forces supporting its rise.” Novogratz admitted that he had been too bearish on the cryptocurrency....
Georgia's central bank is exploring 'Digital Gel' CBDC
5.5.2021
The Republic of Georgia's central bank has invited fintech firms and others to participate in the CBDC project
GamesCom Wises Up, Goes Fully Digital
5.5.2021
GamesCom 2021 will be a fully digital event this year, GamesCom officials announced in a press release today. The move is a reversal of earlier plans for a semi-live event, inadvisable given the, y’know, roiling pandemic that’s still an ever-present aspect of everyday life.Read more
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...
Hundreds of Banks in US to Allow Customers to Buy, Sell, Hold Bitcoin Through Existing Bank Accounts
5.5.2021
Hundreds of banks in the U.S. will reportedly start offering access to bitcoin to their customers this year, thanks to a partnership between Fidelity National Information Services and the New York Digital Investment Group. Hundreds of banks have enrolled to participate in the program as they...
Bahamas central bank prepares national Sand Dollar push this summer
5.5.2021
The Bahamas is beginning a push for national digital currency adoption this summer, the central bank's governor John Rolle said
Galaxy Digital to acquire crypto custodian and services provider BitGo
5.5.2021
Under the acquisition's terms, BitGo shareholders will get 33.8 million in newly issued shares of Galaxy Digital, in addition to $265 million in cash
Galaxy Digital to Buy BitGo for About $1.2B in Stock, Cash
5.5.2021
The acquisition comes as Galaxy Digital plans a U.S. listing later this year
Mogo Adds 146 ETH to Firm’s Balance Sheet, Plans to Turn 5% of Its Portfolio Into Crypto Assets
5.5.2021
On Tuesday, the Nasdaq-listed Canadian company Mogo revealed the firm has purchased 146 ether at an average price of $2,780. The move follows the firm’s corporate investment in bitcoin, as well as offering bitcoin rewards for the company’s mortgage and card clients. The company plans...
Star Wars Collectibles Go Digital as Collections Embrace NFTs
5.5.2021
More than 800 limited edition collectibles, some from shooting scenes, are set to go to auction on the Starcoll NFT marketplace, as a large collector leverages blockchain technology for one of the most storied movie franchises in history. Early Registration Timed for May The 4th (Be With You) In...
Digital Yuan Launch Draws Near: JD.com Employees Paid in e-CNY, Tencent, Ant, Mastercard Engage With PBoC
4.5.2021
China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank digital currency. As each day passes, China’s digital yuan is seemingly getting closer to large-scale adoption,...
S&P Launches Bitcoin, Ethereum, and ‘Crypto Mega Cap’ Indices
4.5.2021
S&P Global, the parent company of S&P Dow Jones Indices, has launched three cryptocurrency indices. One tracks the performance of bitcoin, another tracks the performance of ethereum, and the third measures the performance of both bitcoin and ether. 3 Crypto Indices Launched by S&P...