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Thursday, January 21, 2021
CryptoCurrency News: SEC Calls Out Suspicious Crypto Companies Targeting Global Traders
The securities regulator added eight suspect crypto entities to its watchlist Thursday.
via CoinDesk
CryptoCurrency News: Increased Mainstream Adoption of Bitcoin Cuts Diversification Benefit, JPMorgan Says
Bitcoin's correlation with traditional markets could "erode" its "diversification value over time."
via CoinDesk
CryptoCurrency News: Bitcoin Worries `Fading,’ as Crypto Goes Mainstream, S&P Says
S&P sees "a lot of similarities" between bitcoin and gold, and says concerns about theft of cryptocurrency have diminished with greater mainstream acceptance.
via CoinDesk
CryptoCurrency News: Bitcoin Slumps to $31K on Sell-Off in US and Europe
Uncertainty is leading many to take short-term profit, according to the "Coinbase Premium" indicator.
via CoinDesk
CryptoCurrency News: Blockchain Bites: Crypto in the Red, BlackRock Green Lights Bitcoin Futures
The world's largest asset manager will allow two of its funds to get into bitcoin futures, as Guggenheim speculates a market pullback in the near term.
via CoinDesk
CryptoCurrency News: How Cultural Differences Drive User Adoption in DeFi
Despite being virtually identical products at launch, SushiSwap and Uniswap have taken divergent paths as they respond to users, says Multicoin's principal.
via CoinDesk
CryptoCurrency News: Bitcoin News Roundup for Jan. 21, 2021
With bitcoin dropping as traders turn bearish, CoinDesk’s Market’s Daily is back with the latest news roundup.
via CoinDesk
CryptoCurrency News: Microsoft, India’s Tanla Launch Encrypted Messaging Infrastructure Built With Blockchain
Microsoft and India-based cloud communications firm Tanla Platforms have launched a blockchain-based communications platform-as-a-service aimed to offer more private and secure messaging. Read more: Indian Users Almost 5 Times More Likely to Encounter Crypto Hacking: Microsoft Report
via CoinDesk
CryptoCurrency News: Trading Bitcoin in Africa Is a Way for Some to Escape Poverty
Learning to trade bitcoin has become a valuable skill set for Africans looking to boost their income.
via CoinDesk
CryptoCurrency News: Kraken Adds 26 Crypto Trading Pairs to Capture Growing UK, Australia Markets
Kraken's biggest-ever expansion of trading pairs is aimed at growing its presence in the two promising markets.
via CoinDesk
CryptoCurrency News: eToro Survey Finds Pensions and Endowments Are Finally Waking Up to Crypto
The exchange quizzed 25 institutional players about crypto investing, including a couple of pension funds.
via CoinDesk
CryptoCurrency News: Russian Court Takes Crypto Exchange Binance off Website Blacklist
A court in the Arkhangelsk region had ruled last summer that the site should be blocked, but Binance wasn't notified until months later.
via CoinDesk
CryptoCurrency News: First Mover: As Bitcoin Flips Bearish, Neither Biden Nor BlackRock Brightens Mood
There's a lot of long-term bulls in the bitcoin market. But in the short-term? Pretty much everyone has suddenly turned bearish.
via CoinDesk
CryptoCurrency News: Nebraska Lawmaker Introduces Bills That Would Permit Banks to Custody Crypto
Senator Mike Flood hopes to pass the bill in order to make Nebraska a financial technology hub and create new jobs.
via CoinDesk
CryptoCurrency News: Bitcoin Option Traders Hedge Against Downside Risk as Price Dips to Near $32K
Options traders look to be preparing for further falls in bitcoin's price in the short-term, according to put-call skew data.
via CoinDesk
CryptoCurrency News: Bitcoin.org Rebuts Craig Wright’s ‘Meritless’ Copyright Claim on Bitcoin White Paper
The open-source project said it would not comply with Wright's demand to take down its copy of the iconic founding document.
via CoinDesk
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