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House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets
1.12.2021
The hearing, named Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States, is the latest from Congress to explore the issues concerning crypto assets
Grayscale Launches Solana Trust — Company Now Manages $54 Billion Across 16 Crypto Investment Funds
1.12.2021
Grayscale Investments has launched a solana trust. The company now has nearly $54 billion in total assets under management. The new trust, which is the company’s 16th crypto investment product, will solely invest in solana (SOL). The CEO of Grayscale said that investors are increasingly...
BIS Innovation Hub partners with Fed to support analysis of digital assets
29.11.2021
Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve's local offices
The Holy Grail for crypto traders: Consistent average returns over 5%
27.11.2021
Over 2,000 data points consistently demonstrate a singular truth: Crypto asset prices tend to increase when this quant algorithm identifies bullish conditions
Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges
26.11.2021
Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing. Uzbekistan Loosens...
Bank of Russia Pushes to Introduce Liability for Illegal Use of Digital Assets
24.11.2021
The monetary authority in Moscow, the Bank of Russia, wants those who use cryptocurrencies against the law to be held accountable. The financial regulator has proposed the introduction of legal liability for some operations with digital assets which it considers illegal. Central Bank of Russia Aims...
Major League Soccer Star Kieran Gibbs Reveals Plans to Convert 50% of His Salary Into Bitcoin
24.11.2021
The Inter-Miami CF (IMCF) Major League Soccer (MLS) star Kieran Gibbs has announced the player plans to convert half of his salary into bitcoin. Gibbs will leverage the crypto finance firm XBTO in order to convert his salary and avoid heavy fees. Inter-Miami CF’s Left-Back Kieran Gibbs...
Citigroup to Hire 100 People for Its Crypto Division: Report
23.11.2021
Citigroup is reportedly looking to hire 100 people for its new crypto team. “We believe in the potential of blockchain and digital assets including the benefits of efficiency, instant processing, fractionalization, programmability, and transparency.” Citigroup Growing Its Crypto Team...
Citi Group appoints head of digital assets in crypto hiring spree
23.11.2021
The new head of digital assets at Citi’s institutional branch will focus on pursuing connections and investments with clients, startups, and regulators
Meme Coin Market Cap Loses 3.5%, Top 2 Leaders Dogecoin, Shiba Inu Shed Billions
22.11.2021
While crypto-asset markets have shed billions during the last week, the top meme tokens coins by market capitalization have seen deeper losses than most coins. The top two meme digital assets dogecoin and shiba inu have seen double-digit losses during the last seven days. The top meme tokens coins...
Bitpanda New Partner Lydia's 5.5M Users Will be Able to Invest in Crypto
22.11.2021
Major French mobile financial services app Lydia is slated to offer its 5.5m users exposure to a wide range of crypto assets after a partnership with the Austrian crypto exchange Bitpanda.
As part of the deal, Lydia will integrate Bitpanda’s digital asset investment product, dubbed 'White Label...
Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets
21.11.2021
Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its value skyrocket this past week 46.9% higher over the last seven days. Avalanche has also...
Russia’s Prosecutor General Wants Cryptocurrency Recognized as Property Under Criminal Law
18.11.2021
The Prosecutor General’s Office of Russia has proposed to define cryptocurrency as property in the country’s Criminal Code. Decentralized digital money has already been qualified as such in the provisions of several other laws although various aspects of cryptocurrencies remain...
Hong Kong Company Onedegree to Offer Insurance for Cryptocurrencies
13.11.2021
Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two firms hope to alleviate concerns discouraging potential investors from entering the crypto market....
Austria Plans to Tax Cryptocurrencies Like Stocks, Vows Equal Treatment
12.11.2021
As a growing number of governments are looking to tap into crypto profits, authorities in Austria have indicated their intention to tax gains from digital asset investments just like those from stocks and bonds. The move is expected to increase trust and access to cryptocurrencies. Austria to Apply...
‘The Unfair Advantage:’ Dune Actress Rebecca Ferguson Stars in Crypto-Centric TV Commercial
10.11.2021
In recent times cryptocurrency platforms have been airing a number of commercials on television in order to entice a broader audience to get into cryptocurrencies. The digital currency community has witnessed crypto commercials starring the seven-time Super Bowl winner Tom Brady and his supermodel...
UK Government Survey Shows 45% of Britons Would Ban Cryptocurrencies for Environmental Reasons
10.11.2021
Just before the 26th United Nations (UN) Climate Change Conference (COP-26), the UK government polled 3,071 adults from Britain to ask them their opinions on cryptocurrencies and the crypto industry’s effects on climate change. According to the survey, 45% of Britons would support banning...
The Crypto Economy Soars Past $3 Trillion — Momentum of Value Grew Much Faster Than Apple’s Market Valuation
8.11.2021
On November 8, 2021, the cryptocurrency economy’s market capitalization reached the $3 trillion mark after gathering significant value over the course of 12 years. The overall value of the 10,464 crypto-assets in existence is now larger than Microsoft’s market valuation at $2.52...
Athletic Shoe Giant Nike Looks Poised to Tackle Metaverse and NFTs: Report
8.11.2021
Nike, the American multinational footwear and sports apparel giant, is getting ready to step into the metaverse and the world of non-fungible token (NFT) technology. Reports show Nike has a few employees “thinking about the metaverse” and a 2019 patent for “cryptokicks”...
Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring
8.11.2021
The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back...