Bitcoin refuses to ‘die’ as BTC price hits $40K just three days after crash
Stubborn bulls are firmly back in the saddle with Bitcoin adding $10,000 to its price in just three days. Go to Source Powered by WPeMatico
Month: January 2021
Cream Finance leaps into DeFi ‘corporate debt’ with Iron Bank launch
The Iron Bank feature will allow protocols to borrow funds without posting collateral. Go to Source Powered by WPeMatico
Treasury backs down: Crypto monitoring rule will wait until new administration
This is a big win for the crypto industry today, which was unanimous in opposition to a new anti-money laundering rule that many saw as rushed and draconian. Go to Source Powered by WPeMatico
Gnosis receives $2.3B Ethereum in a day, now 3rd largest ETH holder with 2.2% of supply
The Gnosis safe now contains the third-largest concentration of Ether, according to Etherscan, holding 2.2% of the coin supply — worth $2.9 billion. Go to Source Powered by WPeMatico
Survey: The Number of US Financial Advisors Allocating to Crypto in Client Portfolios Jumped 49% in 2020
A survey reveals that the number of U.S. financial advisors allocating to crypto in their clients’ portfolios surged significantly from 2019. The figures show that it rose 49% in 2020, from 6.3% to 9.4%. A Vast Majority of the Advisors Also Have Personal Crypto Investments According to the San Francisco-based asset management firm Bitwise, 58% … Read more
Winklevoss brothers reportedly eye public listing for Gemini crypto exchange
Gemini may soon become the latest United States-based crypto exchange to pursue a public listing. Go to Source Powered by WPeMatico
Exchange-traded products abound, but crypto is still waiting for an ETF
Swiss SIX Exchange has listed BTCetc Bitcoin ETP, a new crypto ETP product backed by London investment firm ETC Group. Go to Source Powered by WPeMatico
UK’s FCA crypto derivatives ban may push retail investors to riskier grounds
U.K.’s FCA banning retail investors from engaging with crypto derivatives takes away risk hedging opportunities. Go to Source Powered by WPeMatico
Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple
Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting XRP into U.S. dollars following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple. Grayscale Axes XRP Trust Grayscale Investments announced … Read more
Gemini exchange to launch credit card with 3% cashback rewards paid in Bitcoin
Gemini Credit Card will allow users to earn rewards paid in Bitcoin and other cryptocurrencies. Go to Source Powered by WPeMatico