Robinhood faces suits in Chicago in New York just hours after it's GME buy freeze.
via CoinDesk
Thursday, January 28, 2021
CryptoCurrency News: China, Singapore Look Ahead to CBDC Future at World Economic Forum
A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore.
via CoinDesk
CryptoCurrency News: Longtime Bitcoin Developer Jonas Schnelli Receives Open-Source Grant
Jonas Schnelli joins other Bitcoin developers who are sponsored by high-caliber Bitcoin companies.
via CoinDesk
CryptoCurrency News: Blockchain Bites: DOGE Chases After GameStop, Guggenheim Doubts $30K Bitcoin
Following a tweet from “WSB Chairman" inquiring about the meme cryptocurrency dogecoin prices went haywire.
via CoinDesk
CryptoCurrency News: OCC Halts Fair Access Banking Rule
The rule would have prohibited US banks from denying services based on ideological factors.
via CoinDesk
CryptoCurrency News: Bitcoin Rebounds From Early Losses, Markets Still Distracted by GameStop
GameStop's stock drama has had a galvanizing effect on stocks, bitcoin and even dogecoin.
via CoinDesk
CryptoCurrency News: Inside Iran’s Onslaught on Bitcoin Mining
Iran has been clamping down on mining farms, but it also wants to use crypto mining to boost the sanctioned nation's revenue stream.
via CoinDesk
CryptoCurrency News: Bitcoin News Roundup for Jan. 28, 2021
With digital-market traders taking GameStop’s stock gyrations as a moment for self-reflection, CoinDesk’s Market Daily is back with the latest news roundup.
via CoinDesk
CryptoCurrency News: Dalio Expects to Soon Offer Alt-Cash Fund, Says ‘Bitcoin Won’t Escape Our Scrutiny’
"Bitcoin looks like a long-duration option on a highly unknown future that I could put an amount of money in that I wouldn’t mind losing about 80% of," Dalio said.
via CoinDesk
CryptoCurrency News: Prime Trust, tZERO Partner on Digital Asset Custody, Trading
The integration will enable Prime Trust to manage the custody of digital securities and cryptocurrencies for its customers using tZERO for trading.
via CoinDesk
CryptoCurrency News: Scarcity Gives Bitcoin Value, but Not the Way You Think
Bitcoin is "scarce" (and therefore valuable) when demand for it exceeds the available supply, not because of its 21 million hard cap, says our columnist.
via CoinDesk
CryptoCurrency News: WallStreetBets Reddit Group: What Is It?
How an army of amateur traders from the WallStreetBets Reddit channel is turning the tables on traditional investors.
via CoinDesk
CryptoCurrency News: First Mover: Crypto Gawks at GameStop, Sees Shades of Self
Digital-market traders found amusement in the GameStop saga. They also saw an opportunity for self-reflection. Here's what Niall Ferguson, Caitlin Long, Mati Greenspan and Jonathan Mohan said.
via CoinDesk
CryptoCurrency News: Europol, Spanish Police Bust Alleged Scam Posing as Crypto Investment Training Firm
Europol worked with Spain’s Civil Guard and Catalan police to arrest six suspects aged in connection with the scheme.
via CoinDesk
CryptoCurrency News: Algorand Teams Up With Crypto Custodian Curv for ‘Trusted DeFi’
The firms aim to build technology that "appeals to traditional institutions, payment providers [and] governments."
via CoinDesk
CryptoCurrency News: Hard-Hit Argentinian Farmers May Get Boost From Trading Platform for Tokenized Produce
Farm assets like soybeans will be tokenized on a platform from CoreLedger for trading against other assets like cattle or fiat currency.
via CoinDesk
CryptoCurrency News: ‘The Squeezening’: How the Gamestop Backlash will Curtail Freedom
Gamestop's "squeezening" is likely to increase calls for curbs on "memetic disturbances." That could be dangerous for free speech.
via CoinDesk
CryptoCurrency News: Digital Asset Manager Grayscale Eyes DeFi Space With New Trust Filings
Trusts for aave, cosmos and polkadot, as well as privacy coin monero and cardano, have been registered in Delaware.
via CoinDesk
CryptoCurrency News: WallStreetBets Fever Hits Dogecoin, Price Soars 142% After Twitter Mention
A Twitter account not officially affiliated to WallStreetBets prompted DOGE's latest social media-based price boost.
via CoinDesk
CryptoCurrency News: Australian Crypto Exchange to Delist BSV Over ‘Bullying’ Threat to Bitcoin Developers
The exchange's CEO said "Recent talk of legal action against developers working to improve the Bitcoin ecosystem proved to be the final straw."
via CoinDesk
CryptoCurrency News: Guggenheim CIO Says Institutional Demand Not There to Sustain Bitcoin Above $30K
Scott Minerd said he doesn't believe bitcoin's investor base is "big enough" or "deep enough" to keep price at current levels.
via CoinDesk
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