Blockchain & Cryptocurrency News

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Fri, 15 Jan 2021, 11:17 PM
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Bitcoin (BTC) should be regulated on a global scale, says ECB’s Lagarde

eToro facing unprecedented crypto demand from users

The crypto market rally, which started last year and saw Bitcoin briefly rising past $41,000 early this month, continues to this day. While the market retreated last week, it has already recovered some of the lost ground...

ICE’s cryptocurrency exchange Bakkt to go public with $2.1B valuation

Bitcoin futures exchange Bakkt will soon become a publicly-traded company via a merger with VPC Impact Acquisition Holdings. The surviving entity will have a valuation of around $2.1 billion and will be listed at the New...

South Korea’s oldest bank invests into crypto custody consortium

Shinhan Bank, South Koreas oldest bank, is pushing ahead with its planned entry into the crypto space with its investment into a crypto custody consortium backed by Korbit. The move is part of the banks efforts to launch...

Crypto user pockets $4.2M after finding private keys to BTC presumed lost 8 years ago

A Bitcoin user is now more than $4 million richer after successfully retrieving the private keys to the crypto assets recently. After accidentally HODLing BTC for eight years due to the loss of the keys, the owner promptly...

Bitcoin (BTC) could reach $200K in five years, says expert

Bitcoin set a new record when BTC rose past $41,000 on Friday. While the cryptos price has retreated and is currently trading at above $36,000 based on data from Coinmarketcap, many believe that the cryptocurrencys price...

Crypto exchange Bithumb being targeted for acquisition by gaming firm Nexon

South Korean crypto exchange Bithumb might soon have a new majority shareholder. Multi-billion-dollar gaming firm Nexon is reportedly eyeing a majority share in the troubled exchange and is preparing to shell out around...

Crypto business could add $1B to Square’s revenue if Bitcoin soars to $100K

Bitcoins rally that started last year continues with BTC recently soaring past $40K. Aside from investors who bought the cryptocurrency before its rise, companies engaged in crypto-related businesses are among those who...

Bitcoin (BTC) rises past $38K but the rally is ‘far from done,’ says statistician

Bitcoin has been ceaselessly breaking records this year as the cryptocurrency even rose past $38,000 for the first time. While BTCs price increase has already been impressive these past few days, a statistician remains...

Business

Crypto demand from institutional investors fuels a 900% rise in Grayscale’s assets in 2020 Fri, 15 Jan 2021, 14:28 pm UTC

The entry of institutional investors into the crypto scene last year has given a massive boost to the major players in the industry. For instance, Grayscale Investments saw a massive 900 percent rise to its assets under...

Nextech announces $2M Bitcoin purchase, plans to add more BTC later this year

Crypto transaction volume on Bitsika Africa rose by 3,900% in 2020

$30B in Bitcoin (BTC) being held as a reserve asset by 29 companies

Technology

Digital currencies could challenge SWIFT's dominance, says Central Bank of Russia official Wed, 30 Dec 2020, 08:28 am UTC

While companies are now adding cryptocurrencies such as Bitcoin (BTC) in their portfolios as an inflationary hedge, the adoption of crypto for cross-border payments has been increasing as well. An official of the Central...

U.K. crypto exchange hackers steal Bitcoin (BTC), XRP, Tether (USDT), Ether (ETH), and ETC worth more than $10M

LayerX partners with xID to develop a blockchain-based voting system for Japan’s Kaga City

Venezuela’s military starts to mine Bitcoin (BTC) via its new crypto mining center

Investing

Crypto market cap surges past $1 trillion for the first time as BTC soars past %37K Thu, 07 Jan 2021, 07:56 am UTC

Bitcoins rally continues as BTC set a new record when it soared past $37,000 for the first time on Tuesday. Led by the worlds largest cryptocurrency by market cap, the total crypto market capitalization also set a new...

Bitcoin (BTC) moves past $35K and sets new all-time high

Microstrategy’s shares rose 287% as the value of its Bitcoin (BTC) holdings more than doubled in four months

Investment firm Jefferies to include Bitcoin in its pension fund’s portfolio while reducing gold

Insights

Ether (ETH) supply drying up as demand for the crypto skyrockets Fri, 15 Jan 2021, 08:37 am UTC

Bitcoin (BTC) has been getting the most press coverage lately as its soared past $41,000 last week but Ether, the worlds second-largest crypto by market size, has not been slacking off either. In fact, ETH supply has...