XLM price gains 30% in a day as positive sentiment shifts from XRP to Stellar
XLM benefits from a Ukraine government partnership and becomes the latest addition to 2021’s new altseason. Go to Source Powered by WPeMatico
Month: January 2021
Bitcoin could hit $146K long-term by ‘crowding out gold,’ says JPMorgan
Strategists at the American megabank believe the cryptocurrency has a chance to hit $146,000 in future years if it can evolve into a compelling alternative to gold. Go to Source Powered by WPeMatico
OKExChain mainnet enters ‘Genesis’ stage, 10 million OKT tokens issued
The major spot exchange platform has launched its mainnet trading chain OKExChain. Go to Source Powered by WPeMatico
The biggest winner of Bitcoin’s rally? Dogecoin. DOGE price soars 105% in one week
Dogecoin gets some unlikely public petting from Australian adult star Angela White for its latest high-profile endorsement. Go to Source Powered by WPeMatico
Andreessen Horowitz joins push against FinCEN’s 11th-hour crypto rules
The venture capital firm has taken issue with U.S. regulators latest move against crypto. Go to Source Powered by WPeMatico
Chilean Court Orders Two Major Banks to Keep Open Checking Accounts of Crypto Exchange Buda
Chile’s Free Competition Defense Court (TDLC) ruled in favor of the Latin American cryptocurrency exchange Bud after their checking accounts were closed by two major banks in the midst of a lawsuit related to a Ponzi scheme unrelated to the exchange. Chilean Court Rejected Petitions From Two Banks to Keep Checking Accounts Closed From Crypto … Read more
The US Dollar’s Share of Global Reserve Currencies Drops as Japanese Yen’s Share Increases
The U.S. dollar’s dominant position as the reserve currency of choice may be in peril, as its share of global currencies held in reserves continues to decline. International Monetary Fund (IMF) data shows, the dollar’s share of reserves dropped from 66% in Q3 of 2014 to just above 60% in Q3 of 2020. This means … Read more
Colombian Financial Watchdog Says Local Firms Can Use Capital to Buy Bitcoin
The Superintendency of Corporations in Colombia has explained in an official note that companies in the country are legally allowed to buy cryptocurrencies, specifically bitcoin (BTC), to inject capital as long as they abide by local regulations. Colombian Watchdog: Local Firms Can Use Capital to Buy Bitcoin if Companies Demonstrate Tokens Are ‘Intangible Assets’ According … Read more
Jack Dorsey warns that FinCEN regulations will drive crypto users offshore
Major U.S crypto firms are united in opposition to new AML laws proposed by FinCEN, warning they could drive users away from regulated platforms and stifle innovation. Go to Source Powered by WPeMatico
Binance hits record high of $80B in daily volume as crypto markets surge
Binance has reported a new record of more than $80 billion in daily volume across its spot and derivatives platforms. Go to Source Powered by WPeMatico
