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Australia Needs Regulations to Facilitate Crypto Business, Senate Committee Reports
21.10.2021
A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The lawmakers believe the country needs new rules for its fintech and digital asset industries to be able to compete with jurisdictions that are already attracting...
‘Free coin to everyone’ project aims to make 1B crypto owners in 2 years
21.10.2021
Backed by a16z and co-founded by Sam Altman, Worldcoin will give free crypto in exchange for an eye scan
Ethereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High
21.10.2021
After bitcoin reached its all-time high (ATH) on Wednesday, the second-largest crypto asset in terms of market capitalization, ethereum, is nearing its own ATH. The last time the crypto asset hit an ATH was five months ago on May 12. Ethereum Climbs 46% in 30 Days, Commands Half Trillion Market...
FTX crypto exchange raises $420M from 69 investors
21.10.2021
FTX's user base has grown by 48% while its average trade volume increased 75% since a funding round in July
Trader Joe to Integrate Chainlink Price Feeds for Banker Joe
21.10.2021
Users can now use Banker Joe to make profits on their assets by lending them to other individuals through non-custodial pools or putting their existing assets up. Banker Joe consults Chainlink’s decentralized pricing oracles to determine a person’s borrowing capacity during loan...
JPMorgan says inflation concerns, not ETFs, driving Bitcoin price jump
21.10.2021
JPMorgan strategists say that interest in the newly launching BITO Bitcoin ETF could cool after a week or so
Shiba Inu Expands via ATMs, Robinhood in a Heated Crypto Market
21.10.2021
The world of finance is changing at a breakneck pace. People need to be able to process transactions in the marketplace more quickly. Do you have any recollection of writing checks? Do you remember how much a wire transfer cost? Well, welcome to the blockchain, a brand-new universe. People may...
Competition and Hype Drive Young Crypto Investors, UK Watchdog Finds
21.10.2021
A sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated. They often turn to cryptocurrency and forex products, according to the poll conducted by the U.K.’s financial regulator. FCA Launches...
Bitwise Initiates Polygon (MATIC) Fund for Scaling Ethereum
21.10.2021
Bitwise Asset Management, the world’s biggest index fund supervisor for cryptocurrencies, has made headlines with the commencement of the Bitwise Polygon (MATIC) fund. The company currently holds over 1.5 billion dollars of assets under Management. Under this strategic initiative, venture...
AMC gets 'hyperactive' about crypto, CEO says it may issue its own coin
21.10.2021
The AMC boss said that there are many reasons why the company could issue its own cryptocurrency
Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says ‘Mass Crypto Adoption Well Underway’
21.10.2021
On October 20, the day bitcoin smashed a new all-time price high, the real estate platform Pacaso announced it will be accepting cryptocurrencies via Bitpay. The CEO of the real estate firm that helps people buy and co-own a second home, Austin Allison, says the firm has seen increased crypto...
Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge
21.10.2021
Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management...
Ark Invest founder Cathie Wood passed on buying the first Bitcoin Futures ETF
21.10.2021
She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now
US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers Safe
21.10.2021
A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage...
Following Bitcoin’s all-time high, DeFi TVL hits a record high above $233B
21.10.2021
The total value locked in DeFi protocols soared to $233.8 billion as rising token prices and the increasing integration of stablecoins helped send the metric to a record high
Cboe Acquiring Erisx to Enter Cryptocurrency Spot and Derivatives Markets
21.10.2021
Cboe is acquiring Erisx to enter the crypto spot and derivatives markets. “With Erisx, in a single step, Cboe is able to enter the digital asset spot, data, derivatives, and clearing ecosystem. Now is the right time to fully embrace and help define this emerging asset class,” said...
Mt. Gox trustee announces approval of rehabilitation plan, meaning creditors could soon receive billions
20.10.2021
Nobuaki Kobayashi said distribution of the Mt. Gox assets likely wouldn’t begin for at least a month, once the rehabilitation plan became "final and binding."
Bitcoin Smashes Through All-Time High Surpassing $66,000 per Unit
20.10.2021
The spot price of bitcoin smashed through the leading crypto asset’s all-time high (ATH) surpassing $66,000 per unit after the first bitcoin exchange-traded fund (ETF) was launched in the United States. The last time bitcoin touched an ATH six months ago on April 14, 2021, the price tapped...
Russia Considers Partially Replacing Dollar Reserves With Digital Assets in Future
20.10.2021
Amid ongoing sanctions, the government of Russia has been working to limit the country’s dependence on the U.S. dollar. The Ministry of Foreign Affairs now says it’s possible to partially replace the greenback in currency reserves and trade settlements with other currencies and even...
Bitcoin price eyes $65K breakout as BTC exchanges reserves fall to 2018-lows
20.10.2021
Decreasing reserves mean a decline in Bitcoin supply for selling, altcoins purchasing, and margin trading