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Monday, January 18, 2021

CryptoCurrency News: CoinShares to Launch a Bitcoin ETP on SIX Swiss Exchange



It joins several other ETP providers on the exchange, including ETC Group, with its own physically backed bitcoin product.

via CoinDesk

CryptoCurrency News: Lyn Alden on Why the Dollar System No Longer Serves the US or the World



At the end of an 80-year global debt supercycle, who benefits from having the U.S. dollar as the world’s reserve currency?

via CoinDesk

CryptoCurrency News: Blockchain Bites: Goldman Sachs Investigates Crypto Custody, Solving the Blockchain ‘Trilemma’



Also: Coinbase plans infrastructure updates to prevent outages during periods of volatility.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Jan. 18, 2021



With BTC hovering around $36,000 and Iran's government blaming miners for recent blackouts, CoinDesk’s Market’s Daily is back with the latest news roundup.

via CoinDesk

CryptoCurrency News: Nvidia May Restart Production of Crypto Mining GPUs if Demand Sufficient



Selling dedicated crypto cards would alleviate pressure on Nvidia's consumer models.

via CoinDesk

CryptoCurrency News: Gary Gensler Named as Joe Biden’s SEC Chair Pick



Gary Gensler has taught courses about blockchain at MIT.

via CoinDesk

CryptoCurrency News: Gary Gensler Confirmed as Joe Biden’s SEC Chair Pick



Gary Gensler has taught courses about blockchain at MIT.

via CoinDesk

CryptoCurrency News: Huobi Global Connects to European Banking System via UK’s BCB Group



The crypto exchange is partnering with BCB Group to get instant GBP and euro settlement for its customers.

via CoinDesk

CryptoCurrency News: Former Canadian Prime Minister Lists Bitcoin as Possible Future Reserve Currency



Stephen Harper said "the number of things that people use as reserves will expand," but the U.S. dollar will still retain its dominant role.

via CoinDesk

CryptoCurrency News: Chainlink Hits Record High, Altcoins Rally Amid Bitcoin Consolidation



Chainlink's LINK token set a new record price early on Monday, and other altcoins are seeing solid gains.

via CoinDesk

CryptoCurrency News: Livecoin Exchange Announces Closure After December Hack



Following an alleged December breach, the trading platform now says it will close and repay users any remaining funds.

via CoinDesk

CryptoCurrency News: Australian Bitcoin Trader Takes Banks to Tribunal After Sudden Account Closures



The trader had operated a registered digital currency exchange, but said he was unable to continue operating without banking services.

via CoinDesk

CryptoCurrency News: Publisher of ‘Infinite Fleet’ Game Kicks Off Token Offering With $1M Tether Investment



The security token offering enables investors in select EU countries to share in future profits, Exordium says.

via CoinDesk

CryptoCurrency News: Bitcoin Struggles to Recover After Biggest Weekly Price Loss Since September



Prices fell by 6% in the seven days to Jan. 17, a weekly fall not seen since the first week of September.

via CoinDesk

CryptoCurrency News: Coinbase Joins $6M Funding Round for Licensed Middle-East Exchange Rain Financial



The $6 million Series A round was led by Middle-Eastern VC firm MEVP Capital.

via CoinDesk

CryptoCurrency News: Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations



The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate.

via CoinDesk

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