Showing posts with label CoinDesk. Show all posts
Showing posts with label CoinDesk. Show all posts

Thursday, February 18, 2021

Ether Looks Overleveraged as Cryptocurrency Hits New High Over $1,900

Ether's derivative market looks overheating amid the cryptocurrency's rally to new record highs.

from CoinDesk https://ift.tt/2NCaEPY

Top Auction House Christie’s to Accept Ether Cryptocurrency for Digital Art Sale

The sale gives Christie's a chance to "dip its toes" in crypto, said a New York representative.

from CoinDesk https://ift.tt/3pELqxX

Malaysian Bitcoin Mining Gang Stole Over $2M in Electricity, Say Police

Police seized 1,746 bitcoin mining machines across 21 premises in raids this week.

from CoinDesk https://ift.tt/3qxl02e

Chinese Retailer Goes From Bubble Tea to Crypto Mining in Unlikely Pivot

Urban Tea has hired two new executives ahead of its expansion into cryptocurrency mining.

from CoinDesk https://ift.tt/2ZoQhZk

How Staking and Eth 2.0 Makes the Ethereum Economy More “Sustainable”

In this episode, Christine Kim and Will Foxley discuss with David Hoffman, the co-founder of Bankless, the market implications of a dual Ethereum blockchain and what new realities staking presents to the long-term value proposition of ether.

from CoinDesk https://ift.tt/3s7PN5U

Robinhood to Allow Deposits, Withdrawals for Cryptos Including Dogecoin

Currently, users of the popular trading app can only buy and sell cryptocurrencies within their Robinhood accounts.

from CoinDesk https://ift.tt/37oKffM

Wednesday, February 17, 2021

Japan’s SBI Investing ‘Eight-Figure’ Sum in Swiss Crypto Bank Sygnum

SBI's digital assets subsidiary will lead a round that will have raised around $30 million for the Swiss firm over six months.

from CoinDesk https://ift.tt/3jVoAk8

US Lawmakers Looking Into China’s Role in GameStop Pump: Report

Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.

from CoinDesk https://ift.tt/3pvMggn

India Plans Twin Taxes on Exchanges and Traders Before Passing Crypto Bill: Report

A senior Finance Ministry official told a newspaper that taxation does not necessarily imply legality.

from CoinDesk https://ift.tt/3dtyWX8

World’s Oldest Central Bank Extends Digital Currency Test Till 2022

Sweden's Riksbank said it would continue work with Accenture on a potential e-krona digital currency until next year.

from CoinDesk https://ift.tt/2OABAA3

Diginex Connects Crypto Exchanges and Electronic Trading Firms With New Platform

The crypto services firm is connecting high-frequency traders who use electronic trading platforms to crypto exchanges.

from CoinDesk https://ift.tt/3jX03eL

Head of St Louis Fed Says Bitcoin Not a Challenge to US Dollar’s Global Dominance

James Bullard also likened bitcoin to gold as a safe-haven asset.

from CoinDesk https://ift.tt/2OLltQp

Bitcoin Hits New High Above $51K, Shrugging Off Rising Bond Yields

Rising bond yields are a threat to prices of hedge assets like bitcoin and gold.

from CoinDesk https://ift.tt/2NznK0x

Tuesday, February 16, 2021

Kakao to Record Private Securities on Its Own Blockchain as NFTs

The move will aid South Korea's OTC securities market.

from CoinDesk https://ift.tt/3rTRWCe

Japan’s SBI Investing ‘Eight-Figure’ Sum in Swiss Crypto Bank Sygnum

SBI's digital assets subsidiary will lead a round that will have raised around $30 million for the Swiss firm over six months.

from CoinDesk https://ift.tt/3jVoAk8

What Really Happened When Robinhood Suspended GameStop Trading

The byzantine world of the public U.S. securities market killed the GameStop pump (sort of).

from CoinDesk https://ift.tt/3dvqVRV

Chinese Lottery Firm 500.com Acquires Crypto Mining Pool BTC.com

BTC.com is currently owned by Bitdeer Technologies and former Bitmain CEO Jihan Wu.

from CoinDesk https://ift.tt/37jXLkC

MicroStrategy Files to Offer $600M in Notes in Order to Buy Yet More Bitcoin

The business intelligence firm said it expects to grant initial purchasers of the notes an option to buy an additional $90 million, making the total potential offering $690 million.

from CoinDesk https://ift.tt/3b8cIrb

ING Bank-Backed Crypto Trade Platform Pyctor Is Raising Money

The digital assets post-trade collaboration also involves Citi, State Street, UBS and others.

from CoinDesk https://ift.tt/3prw1AC

Bitcoin Sets Fresh Record Above $50K Pushing Yearly Gains to 69%

The cryptocurrency hit its last record just days ago.

from CoinDesk https://ift.tt/3qpIyWR