January 19, 2021

Jack Dorsey Is Sticking with BTC Despite Recent Dip

Bitcoin has recently fallen from its $40,000 high and is now trading for about $4,000 less at $36,000. Despite this little setback, Jack Dorsey – the bearded CEO of both Square and social media giant Twitter – says he’s sticking with the coin and is refusing to rescind his support. Jack Dorsey Still Has “Passion” for BTC In a recent tweet, Dorsey comments that he’s maintaining his “passion” for the world’s largest and most popular digital currency by market cap, claiming that it’s likely to take over the internet in the coming years. He states: The reason I have so much passion for bitcoin is largely because of the model it demonstrates; a foundational internet technology that is not controlled or influenced by any single individual or entity. This is what the internet wants to be, and over time, more […]
January 19, 2021

Blockchain Bites: ‘Crowded’ Crypto Traders, Ether All-Time High, the Bitcoin Battery Proposal

Bitcoin’s environmental impact has become top focus for some critics as traders go “long BTC” and Dunamu reveals a “fear and greed” index.
January 19, 2021

The US Can Make Bitcoin Mining Greener

With companies like Square announcing environment-focused mining initiatives, the U.S. can take the lead in reducing bitcoin’s carbon impact.
January 19, 2021

Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion

Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have consolidated, bitcoin-based derivatives markets have seen continuous action. At the time of publication, both bitcoin futures and options open interest has been rising significantly. For instance, researchers at skew.com recently tweeted that “bitcoin futures open interest [is] quickly bouncing back to a new all-time high.” Skew also added that CME Group was now the largest open interest “by some margin.” Data from exchanges dealing with bitcoin futures shows that open interest continues to climb. Okex holds the reins as far as bitcoin futures open interest today, followed by the platforms CME and Binance. These three leading bitcoin […]
January 19, 2021

Janet Yellen Says Cryptocurrencies Are a ‘Concern’ in Terrorist Financing

The U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said.
January 19, 2021

Brave Becomes First Browser to Offer Native IPFS Integration

IPFS integration gives Brave users easier access to the protocol while improving the overall resilience of the internet.
January 19, 2021

Bitcoin News Roundup for Jan. 19, 2021

With more traders betting on bitcoin than tech stocks and ether briefly reaching an all-time high, CoinDesk’s Market’s Daily is back with the latest news roundup.
January 19, 2021

e-Toro Is Looking to Possibly Limit How Much BTC You Can Buy

e-Toro – one of the world’s largest cryptocurrency trading platforms – has put out a notice to its customers warning them that the company may be instilling various limits on purchase orders in the coming weeks. e-Toro: We May Have to Implement Buying Limits The announcement came in response to what the company calls an unprecedented demand for bitcoin and cryptocurrencies. With the recent spikes experienced by bitcoin (the asset is currently up to $36,000, about 300 percent higher than where it stood early last year) and many of its digital cousins, the demand for these assets is growing to the highest levels experienced in e-Toro’s 13-year history. This is putting heavy strain and pressure on the trading enterprise, which has hinted that it cannot keep up with present orders. In addition, many of these coins are becoming rarer, as […]
January 19, 2021

French Central Bank Trials Digital Currency for Interbank Settlement

The pilot involved the settlement on a private blockchain of around €2 million.
January 19, 2021

How to regulate exchanges: Learn crypto from Biden’s SEC chair pick, part 2/3

The SEC’s incoming chair predicted the crackdown on crypto exchanges over AML concerns back in 2018. See what other insight he had.
January 19, 2021

As Ether price breaks all-time high Buterin’s ETH holdings up 8x in a year

Ethereum co-founder Vitalik Buterin has seen the value of his personal ETH stash soar over 700% in a single year.
January 19, 2021

Brave integrates IPFS to enable users to browse the decentralized web

IPFS, a peer-to-peer protocol designed to make the Web faster, safer, and more open, has integrated into Brave, a privacy-oriented browser, reinventing the Web for users, publishers, and advertisers. Incorporated into today’s Brave desktop browser update (version 1.19), Brave’s 24 million monthly active users can now access content directly from IPFS by resolving ipfs:// URIs via a gateway or installing a full IPFS node in one click. When installing a full node, this will allow Brave users to load content over IPFS’ p2p network, hosted on their own node. Molly Mackinlay, Project Lead at IPFS said, “Bringing the benefits of the dWeb to Brave users, IPFS’ efforts to remove systemic data censorship by corporations and nation-states are now strengthened through the integration with Brave. Today, Web users across the world are unable to access restricted content, including, for example, parts […]
January 19, 2021

Extremism and Cryptocurrency: The Story Too Big to Ignore

In this episode, Anna Baydakova, Danny Nelson, and Tanzeel Akhtar discuss livestreaming the insurrection on a blockchain, Iran taking the mining industry under control, and if Europe can regulate bitcoin.
January 19, 2021

Criminal Activity in Crypto Transactions Fell Sharply in 2020, Says Chainalysis

Partly offsetting the positive trend is an explosion in ransomware attacks, which rose 311% from 2019.
January 19, 2021

New timeline charts Bitcoin’s price alongside historical events of the past decade

Have major events throughout Bitcoin’s history impacted its price?
January 19, 2021

Russian Crypto Exchange Shuts Down Amid Accusations of Exit Scam

The Russian cryptocurrency exchange Livecoin has shut down amid accusations that it has pulled an exit scam. Customers are unable to withdraw their funds and have been asked to provide extensive identifying information which they fear would lead to identity theft. The exchange claims that it was hacked in December. Livecoin Crypto Exchange Closes Down The Russian cryptocurrency exchange Livecoin announced Saturday the decision to close down its platform. The exchange claimed in December that it was hacked. As news.Bitcoin.com reported, hackers supposedly manipulated the prices of several major cryptocurrencies, including bitcoin whose price shot up to $500K on the platform. Since the incident, users have been trying to get their funds out of the exchange with no success, which has led many to believe that the platform’s operator pulled an exit scam. The announcement, posted on the Livecoin website […]
January 19, 2021

Tellor introduces new localized stable token protocol

The team of decentralized oracle solution Tellor, has announced the launch of Chorus, a community currency protocol. Chorus is being built to empower communities through customizable semi-stable coins that can be tailored to fit their specific needs. Chorus will be using Tellor as its oracle, providing flexibility when creating the Anthem (the customizable currency smart contract), as users will be able to choose any ERC-20 pairing as their collateral. Each Anthem will consist of a series of configurable components, and once set, unlocks the new currency, called Notes. The Notes can then be used as a currency as the community sees fit. Chorus can be utilized by any community that wishes to create stable money with an inflation policy catered specifically to their target needs. Some of the envisioned uses include: Crypto Communities — adding more use-cases and stability to […]
January 19, 2021

Saddle Raises $4.3M for Slippage-Free DeFi Trading

Silicon Valley’s Saddle is solving the stablecoin spread that currently dogs DeFi.
January 19, 2021

The Foundation for Economic Education Announces Two Major Gifts From Bitcoin.com Founder Roger Ver

PRESS RELEASE. 19th January 2020, St Kitts & Nevis & Atlanta – The Foundation for Economic Education (FEE.org) announced today that Bitcoin.com founder and early cryptocurrency investor Roger Ver has made two gifts totaling $2,000,000 in Bitcoin Cash (BCH) to support FEE’s work in advancing individual liberty and educating students around the world on the moral and economic foundations of a free society. The first $1 million gift supports FEE’s marquee events in 2021–FEE’s 75th anniversary year–as well as additional student programs, including online educational content and books. The second $1M gift takes the form of an endowment, which will be a perpetual source of support for FEE’s educational activities. Ver, who previously donated $1,000,000 in Bitcoin to FEE in 2013, said he owes an intellectual debt to FEE and is making this new donation at a time during which […]
January 19, 2021

Bitcoin breakout ‘imminent’ says hedge fund as analyst targets $48K monthly close

Both Bitcoin’s technicals and analysis of on-chain indicators are “wildly bullish,” says Vailshire Capital Management, with BTC/USD reaching three-day highs.
January 19, 2021

Crypto startup Amber Group raises $530 million AUM as institutions, retail arrive

The crypto-finance company reported a 275% annual increase in assets under management in 2020.
January 19, 2021

Crypto finance provider Amber surpasses $530 million AUM

Amber Group, a crypto finance service provider, announced today it has recently surpassed $530 million in assets under management (AUM), a 275% increase from $142M AUM reported in 2019. With an increasing number of new investors entering the scene, Amber’s surge in demand stems from the extension of their global strategic layout and the launch of the Amber App, an all-in-one crypto finance mobile application geared toward individual investors. “This year was revolutionary for the crypto industry with the number of new companies and investors entering the space,” said Michael Wu, Founder, and CEO of Amber Group.  “We are thrilled to be a part of the growing ecosystem by providing investors with a fully-integrated product suite, where retail and institutional investors can experience a seamless digital asset experience.” Amber App This year, investors have cumulatively traded over $250B (an 85% […]
January 19, 2021

The way forward for ICOs: Learn crypto from Biden’s SEC chair pick, part 1/3

Gensler will likely be replacing Jay Clayton, who famously slowed down the ICO market during his tenure at the SEC. Will Gensler issue new clarity?
January 19, 2021

ETH price sets new all-time high, gains financial momentum to go further

Technical indicators related to Ether suggest that a move past the $2,000 range might be in the books — but how soon?
January 19, 2021

Thieves Grab $451K in Cash From Hong Kong Crypto Trader

The robbers lured a female cryptocurrency trader into an office and threatened her with a weapon, according to a report.
January 19, 2021

SETL completes first CBDC fund transaction on live market infrastructure

SETL, a London-based settlement and payments Infrastructure provider, today announced that Banque de France (BDF) has successfully completed a Central Bank Digital Currency (CBDC) transaction, using the SETL blockchain that powers the IZNES fund platform. The CBDC tokens were used to subscribe to a fund on the platform and represented the world’s first successful live settlement of a fund using CBDC tokens. The experiment was carried out on the IZNES platform in collaboration with CITI, CACEIS the custody bank of Groupe Credit Agricole, Groupama Asset Management, OFI Asset Management, and DXC Technology. “Further to the successful delivery of our two market infrastructures – the Fund Platform IZNES and the ID2S Central Securities Depository, we are now excited to take our Payments offering to the next level. Together with our proven track record in delivering regulated Market Infrastructures, this further strengthens […]
January 19, 2021

Fetch and Yoti join forces to bring KYC to autonomous DeFi agents

Fetch believes regulatory compliance is necessary to bring real world usage to the sector.
January 19, 2021

State of Crypto: What the Crypto World Should Watch for in the Biden Era

The incoming president has already announced he would tap pro-crypto, pro-regulation Gary Gensler to lead the SEC, but a number of other names and issues remain outstanding.
January 19, 2021

First Mover: Ether Steals Limelight With New All-Time High Price as Bitcoiners HODL

Crypto traders shift focus to ether as second-largest cryptocurrency surges to new record price, but bitcoiners aren’t going anywhere.
January 19, 2021

Human Protocol to launch decentralized labor pools on Solana blockchain

HUMAN Protocol, a hybrid framework for powering distributed marketplaces that reward humans for contributing their reasoning, skills, and knowledge, announced today that work is underway to bring the decentralized labor pools enabled by the HUMAN Protocol to Solana, an open, censorship-resistant blockchain built to scale crypto to a global audience. With growing demand and scalability in mind, HUMAN Protocol has selected Solana to solve challenges unique to handling a vast number of on-chain transactions and settling labor pools, as well as payments quickly. Leveraging Solana’s high-throughput blockchain, wide validator support, and robust architecture, HUMAN Protocol believes its technology will be able to scale at ease with Solana, a fundamental component to extracting more nuanced data models. “Building on Solana should enable us to scale our decentralized labor pools significantly for better operating performance across the HUMAN platform,” said Lonnie Rae, […]
January 19, 2021

New ‘market fear’ index lets traders bet on crypto volatility

COTI’s new Crypto Volatility Index allows traders to profit from highly-volatile cryptocurrency markets.
January 19, 2021

Japan’s Coincheck lists Enjin Coin (ENJ) after regulatory approval

Coincheck, the popular Japanese bitcoin and cryptocurrency exchange, announced today it will list Enjin Coin (ENJ). Focused on the virtual gaming market; Enjin enables anyone to manage, explore, distribute, and integrate blockchain assets. The ENJ token will be listed on the Coincheck exchange on Tuesday, January 26th. ENJ is the first gaming cryptocurrency authorized for use in Japan. Enjin’s tools and services can also be used by companies of all sizes and industries seeking to create blockchain products or utilize tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. ENJ Listing Japan’s bitcoin regulations are overseen by the Japanese Virtual Currency Exchange Association (JVCEA); a self-regulatory organization recognized by the Japanese Financial Services Agency (FSA). Projects that want to be traded on Japanese exchanges must pass a rigorous examination process. ENJ becomes only the 15th cryptocurrency […]
January 19, 2021

Bitcoin overtakes tech as most crowded trade, says Bank of America survey

“Long Bitcoin” has once again flipped “long tech” as the most crowded trade based on Bank of America’s recent fund manager survey.
January 19, 2021

Ethereum’s Ether Cryptocurrency Sets New Price Record on Major Exchanges

Ether (ETH) has broken its previous all-time high set in January 2018 with a rise to $1,439.
January 19, 2021

UK health service to use blockchain to monitor COVID-19 vaccine storage

The U.K.’s National Health Service will implement an IoT solution built on the public distributed ledger network Hedera Hashgraph in order to monitor the storage of its COVID-19 vaccine supplies.
January 19, 2021

‘Pay attention’ — Grayscale adds 18x the Bitcoin mined supply in one day

Bitcoin worth $600 million gets taken off the market as BTC/USD struggles to cement support for a retest of $40,000.
January 19, 2021

Bitcoin Becomes Most-Crowded Trade After Passing ‘Long Tech’: Bank of America Survey

Bank of America’s January survey of fund managers indicated bitcoin is now seeing the most capital inflow.
January 19, 2021

Moonstake teams with RockX to expand Polkadot (DOT) staking

Moonstake, a staking pool network, today announced it has entered into a strategic partnership with Singapore-based RockX to support the Polkadot ecosystem. RockX aims to develop the Polkadot ecosystem. It not only runs its own Polkadot’s node, but in September, launched a USD 20 million five-year investment program. Founded last year, Moonstake’s mission is to create the largest staking network in Asia. Moonstake has developed both web wallets and mobile wallets (iOS/Android) providing staking services. After a full-scale operation launched in August 2020, Moonstake’s total staking assets grew rapidly to reach USD 50 million. By December, staking assets grew to USD 100 million. Currently, Moonstake has over USD 200 million in staked assets. In January of this year, Moonstake announced the support of staking Polkadot’s cryptocurrency in Moonstake’s Wallet. DOT is a top 5 cryptocurrency by market cap. After Cosmos, […]
January 19, 2021

Ethereum price finally beats its 2018 all-time high, surpassing $1,428

A three-year hodl for Ether investors finally comes good as the largest altcoin surges into unknown territory on Tuesday.
January 19, 2021

Existing Customers: The Secret to Success

Your most loyal customers are the ones you already have. Let’s explore how failed payments affect revenue and look at ways that companies can improve and increase customer retention. In the United States, customer churn costs $136 billion, of which 34% is due to involuntary churn and failed payments. Failed payments cut into forecasted revenue with 48% of businesses saying chargeback rates cut into their earnings and 43% saying that increased customer service contacts because of failed payments are more costly. The leading causes of failed payments occur because of insufficient funds, credit card limits, and credit card changes. While convenient, auto-renew also increases the risk of failed payments with 47% of businesses losing auto-renewals due to payment data changes. It’s imperative that customers are satisfied because 32% of people will stop doing business with a company after a single […]
January 19, 2021

Crypto exchange DigiFinex joins Sygna Alliance to comply with FATF Travel Rule and Singapore regulations

DigiFinex, a crypto asset trading platform, today announced it has joined the Sygna Alliance as the 25th member and completed the integration of CoolBitX’s market-ready compliance solution, Sygna Bridge. The Sygna Alliance consists of a consortium of Virtual Asset Service Providers (VASPs) across the APAC region, most of which have commenced internal testing and implementation of the Sygna Bridge solution. Sygna Bridge is an interoperable, user-friendly, and secure API for compliant data sharing that enables VASPs like the Singapore-based DigiFinex, to comply with the Financial Action Task Force (FATF) “Travel Rule” and meet the licensing requirements of the Monetary Authority of Singapore (MAS) PSN02—which regulates VASPs for the prevention of money laundering and countering the financing of terrorism. “Singapore’s well-developed regulatory framework for virtual assets has placed the nation as a leading hub for cryptocurrency investment and activity. As such, […]
January 19, 2021

UK’s NHS Taps Blockchain Tech to Monitor Coronavirus Vaccine Cold Chain

Hedera Hashgraph’s blockchain platform will provide the health service with a tamperproof record of vaccine temperatures, the firm said.
January 19, 2021

Bank of France settles $2.4M fund in central bank digital currency pilot

The Bank of France processed $2.4 million worth of fund units using a CBDC in December as part of ongoing experiments into blockchain and stablecoin technology.
January 19, 2021

Gibraltar extends regulatory guidelines for digital asset exchanges

As warnings intensify for the regulation of digital assets across the UK and Europe, Gibraltar is adding to its already regulated digital ledger technology (DLT) framework with the development of a ’10th Core Principle’, specifically for digital asset exchanges. Joey Garcia, a partner at the international law firm ISOLAS LLP, who also sits on the boards of the Xapo and IOV Labs (RSK) groups, has brought together members of the Global Blockchain Convergence which include several other global leaders in the blockchain and emerging technology space to form a working group for the development of the new framework, ensuring it meets appropriate defined market standards. The Market Integrity working group have combined to ensure that the added regulation meets the global market standards for exchanges and other marketplace platforms, while also considering recently defined standards set by the EU and other international […]
January 19, 2021

Everyware and Hedera Hashgraph enabling cold chain monitoring of COVID-19 vaccine for NHS

Digital asset tracking and monitoring provider Everyware Ltd, and enterprise-grade distributed ledger provider Hedera Hashgraph, are working with an initial group of National Health Service (NHS) facilities to monitor the cold storage equipment being used to store the COVID-19 and other vaccines. The initial facilities in the South Warwickshire region adopting the technology include the Stratford Upon Avon and Warwick hospitals, with a wider rollout planned as vaccine distribution progresses. The various COVID-19 vaccines, including the one developed by Pfizer and now approved for use in the UK, require exact degrees of cold storage at all times in order to maintain their efficacy. While centralized distribution centers and transportation units can store the vaccine at the recommended -70°C±10°C for up to 10 days unopened, they must also be stored at hospitals and other administering centers for five days at refrigerated […]
January 19, 2021

Tokenized single-malt scotch collection launches on Singapore exchange

Accredited investors can now own tokenized shares of a premium whiskey collection powered by Zilliqa.
January 19, 2021

South Korea’s Dunamu Launches Bitcoin ‘Fear and Greed’ Index to Guide Traders

The tool is aimed to help traders make better decisions based on market sentiment.
January 19, 2021

European Parliament Petitioned to Create Crypto Crime Compensation Fund

A petition has been submitted to the European Parliament, asking to implement a scheme to compensate crypto-related victims. The crimes mentioned in the petition 0421/2020 include fraud, piracy, and extortion. Petition’s Author Represents Victims in the Bitsane Alleged Scam Case According to the author, lawyer Jonathan Levy, the petition asks the bloc to implement a series of regulatory schemes to “compensate victims” of crypto-related crime activities. He pointed out that, to date, “no crypto asset funding has been set aside to compensate the victims of directly related criminal activities” in the European Union (EU). The lawyer proposes implementing a .0001 cent per euro fee on crypto transactions, which will go to a “victim superfund.” Per the petition, crypto-related crime victims have “attempted to recoup their losses in different ways,” such as legal proceedings in national courts within the EU. However, […]
January 19, 2021

Armed robbers steal $450K from Hong Kong crypto trader

A gang of four robbers has reportedly stolen about $450,000 from a crypto trader in Hong Kong.
January 19, 2021

Dubai financial regulator working on regulations for cryptocurrencies

The Dubai Financial Services Authority is reportedly looking to introduce two crypto-related consultation papers as part of its business plan in 2021.
January 19, 2021

Enjin Coin Becomes First Gaming Cryptocurrency Whitelisted for Use in Japan

ENJ has been given the official nod by the Japan Virtual Currency Exchange Association, a self-regulatory body.
January 19, 2021

Bible quotation found in Bitcoin block number 666,666

A Biblical message was unearthed in block number 666,666 of the Bitcoin blockchain: “Do not be overcome by evil…”
January 19, 2021

Cardano (ADA) Price Analysis: Dips Supported Near $0.32

ADA price rallied above the $0.3000 and $0.3500 resistance levels against the US Dollar. The price is now correcting gains from $0.3982 and it is well above the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $0.3220 on the 4-hours chart (data feed via Kraken). The price is likely to continue higher as long as it is above the $0.3200 support in the near term. Cardano price is correcting gains from the $0.4000 zone against the US Dollar, while bitcoin is consolidating. ADA price could dip to $0.3200 before a fresh increase in the near term. Cardano Price Analysis Cardano price started a strong rally after it cleared the $0.3000 against the US Dollar. The ADA/USD pair broke the $0.3200 resistance level and settled above the 55 simple moving average (4-hours). The […]
January 19, 2021

Bitcoin’s Price Must Pass $40K to Halt Exodus of Traders: JPMorgan Analysts

A bearish outlook may be triggered if bitcoin doesn’t claw its way back over $40,000, the analysts said.
January 19, 2021

India’s Largest Crypto Exchange Launches User-Friendly App, Eyes 50M New Users

Aimed to appeal to crypto newcomers, CoinDCX Go allows users to trade smaller denominations of 14 of the industry’s top assets.
January 19, 2021

Trezor crypto wallet warns users of doppelgänger scam app on Google Play

The fake Trezor app has been downloaded by at least 1,000 people on the Android’s app store Google Play.
January 19, 2021

Ethereum Price Analysis: ETH Breaks Key Hurdle, Aims New ATH

Ethereum price gained bullish momentum and cleared the $1,250 resistance against the US Dollar. ETH price is currently trading well above $1,300 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1,250 on the 4-hours chart (data feed from Coinbase). The pair is eyeing an upside break above the $1,380 and $1,400 resistance levels. Ethereum price is trading in a bullish zone above $1,250 against the US Dollar. ETH/USD is likely to accelerate higher above $1,350 and $1,400 in the coming sessions. Ethereum Price Analysis In the past few days, Ethereum started a steady increase from the $904 swing low against the US Dollar. ETH price broke a couple of important hurdles near $1,120 and $1,150. The bulls remained in action, resulting in a push above the $1,200 level and […]
January 19, 2021

Why Pakistan and the Middle East can bet on crypto mining

By embracing crypto mining activities in the region, Pakistan and Iran may give other nations in the Middle East an example to follow.
January 19, 2021

3 reasons why Ethereum has been rising faster than Bitcoin price in 2021

Ether has been outperforming Bitcoin in the last few weeks as Ethereum’s momentum strengthens.
January 19, 2021

Ex-Real Madrid Football Player Joins a Spanish Lower Division Club in Deal Financed With Crypto

In a possible first for Spanish football, DUX Internacional de Madrid, a lower division side says it has used crypto buy a new player. The player, David Barral moved to his new club after Criptan, the new club sponsor facilitated the acquisition. Criptan is a cryptocurrency trading company that is registered in Valencia, Spain. Meanwhile, following the player’s move, a Spanish football news site quotes Barral, who is now aged 37, expressing his eagerness to continue playing for what will be his seventh club. Barral says: I am happy to join this project, with desire, ambition and responsibility to continue competing and achieve important challenges in my sports career. Furthermore, the news report also details Barral’s football journey prior to joining Dux International de Madrid. The report says in addition to playing for Real Madrid, Barral has also played for […]
January 19, 2021

Flipped: Ethereum now processes 28% more transactions than Bitcoin

Messari estimates Ethereum’s daily transaction volume is now 28% greater than Bitcoin’s.
January 19, 2021

More than 80% of LINK is controlled by 125 wallets

New research from Glassnode indicates the top 1% of Chainlink holders control nearly 81% of the token’s supply.
January 19, 2021

Ethereum price inches closer to a new all-time high as Bitcoin consolidates

Ethereum price is in hot pursuit of a new all-time high, while Bitcoin price continues to trade sideways.
January 19, 2021

Uniswap’s founder wants your advice on how to spend $500 million

With Uniswap’s treasury now worth more than $500 million, creator Hayden Adams has asked the crypto community for suggestions on how to spend it.
January 19, 2021

Four of the top 70 crypto assets by market cap are Bitcoin

Crypto data sites are double-counting tokenized Bitcoin, with three BTC tokenization protocols representing more than 1.4% of the reported altcoin market cap.
January 19, 2021

Iran Seizes 45,000 Bitcoin Miners for Illegally Using Subsidized Government Electricity: Report

Police in Iran have reportedly seized 45,000 bitcoin mining rigs for illegally using subsidized electricity from the state-owned power utility Tavanir, the local Tasmin News Agency reported this week. According to Mohammad Hassan Motavalizadeh, head of Tavanir, the efficient application-specific integrated circuit (ASIC) bitcoin miners had been consuming 95 megawatts (MW) per hour of electricity at cheaper prices. Authorized miners are charged around 4,800 rials ($0.11) per kilowatt-hour in autumn, winter and spring, says the Iranian Energy Ministry. Subsidized rates may be half as much. Since 2019, when crypto mining became legal in Iran, the Islamic Republic has shut down 1,620 unauthorized mining farms, local media reported earlier this month. The farms consumed 250MW of electricity, it said. Now, the Middle East country is currently facing severe power shortages due to rising winter demand, with rolling blackouts across major cities. […]
January 19, 2021

CoinShares to launch $200m Bitcoin ETP on Swiss stock exchange

CoinShares’ CSO says the firm is “starting 2021 off with a bang” by launching a $200 million physically-backed Bitcoin ETP on Switzerland’s SIX exchange.
January 19, 2021

Bitstamp imposes KYC for Dutch traders withdrawing to external wallets

To comply with Dutch regulations, Netherlands-based Bitstamp users can no longer make withdrawals without first providing photographic proof they own the recipient wallet.
January 19, 2021

Grayscale Purchased 5.7X the Daily Amount of BTC Mined

Grayscale has purchased 5.7x the daily amount of BTC mined. The company has exactly acquired two days ago 5,000 BTC worth $189 million. This is according to data […]
January 19, 2021

Polkadot (DOT) Becomes The 4th Largest Crypto

Polkadot (DOT) has surpassed XRP as the 4th largest cryptocurrency in the world. In this way, DOT became the most valuable virtual currency after Bitcoin (BTC), Ethereum (ETH) […]