Rising DeFi TVL and Binance staking back 88% rally in IOST price
IOST rallied to a multi-year high after Binance announced a new staking program and the project airdropped tokens to Citadel One mobile wallet users. Go to Source Powered by WPeMatico
Cryptocurrencies
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Blackrock CEO says crypto ‘may become a great asset class’ but is no substitute for currency
Larry Fink said he hadn’t been seeing great institutional demand for crypto within Blackrock’s circles. Go to Source Powered by WPeMatico
Miami commissioner wants to let residents pay taxes in Bitcoin
A new resolution would establish a task force to study crypto in Miami-Dade county’s public administration. Go to Source Powered by WPeMatico
Millions of Swedish savers have exposure to Bitcoin via state pension fund
Five million Swedes have indirect exposure to Bitcoin through the shares held by state pension fund AP7. Go to Source Powered by WPeMatico
Switzerland’s largest insurer AXA starts accepting Bitcoin as payment
All private AXA customers now have the option to pay insurance premiums for any non-life insurance products in Bitcoin. Go to Source Powered by WPeMatico
Finance officials pour cold water on cryptocurrency amid Coinbase celebrations
Economic gatekeepers are rounding on cryptocurrency as media attention intensifies amid the Bitcoin boom and Coinbase listing. Go to Source Powered by WPeMatico
Nearly 75% of professional investors see Bitcoin as bubble: survey
Bank of America asked 200 professional investors with $533 billion in assets under management about their opinions on Bitcoin. Go to Source Powered by WPeMatico
There will be drama, warns WEF expert on Bitcoin regulation
Recent events in the crypto space have the smell of victory, but only represent small battles in an ongoing war. “Dramatic” changes are on the way. Go to Source Powered by WPeMatico
$420M in leveraged long traders liquidated after XRP rallies to $1.96
XRP price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed? Go to Source Powered by WPeMatico
Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq
A volatility-filled listing for Coinbase’s COIN stock coincided with a 5% drop in the price of Bitcoin. Go to Source Powered by WPeMatico