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Tuesday, February 16, 2021

CryptoCurrency News: Kakao to Record Private Securities on Its Own Blockchain as NFTs



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

via CoinDesk

CryptoCurrency News: 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.

via CoinDesk

CryptoCurrency News: Tesla’s Bitcoin Buy May Lead to Widespread Corporate Adoption – Eventually: Wedbush



The firm called the leading cryptocurrency "the start of a new age on the digital currency front."

via CoinDesk

CryptoCurrency News: Digital Asset Manager Grayscale Expands Leadership Team with Trio of C-Suite Hires



The digital currency asset manager's new executives bring with them experience at firms such as Goldman Sachs, Bank of America and Ripple Labs.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Feb. 16, 2021



With BTC briefly breaching $50K as the industry's market cap passes $1.5T, CoinDesk’s Market Daily is back with the latest news roundup.

via CoinDesk

CryptoCurrency News: State of Crypto: Will 2021 Finally Be the Year of the Bitcoin ETF?



The market has matured since 2018, when bitcoin ETF applications last hit a peak. It's unclear whether that's enough to see one approved.

via CoinDesk

CryptoCurrency News: Cloudflare Teams With Unstoppable Domains to Bring .Crypto Addresses to Web Browsers



The new integration means web users can directly access decentralized websites form any browser.

via CoinDesk

CryptoCurrency News: Mining Machine Maker Canaan Rises 20% as Bitcoin Reaches a New All-Time High



Canaan shares have gained 230% so far in February.

via CoinDesk

CryptoCurrency News: NYDIG Files for Bitcoin ETF, Adding to Firms Hoping 2021 Is When SEC Finally Says ‘Yes’



The filing comes on the same day as bitcoin hit $50,000 for the first time ever.

via CoinDesk

CryptoCurrency News: Diem Stablecoin Prepares for Liftoff With Fireblocks Custody Partnership



The rebranded Libra network aims to come out with a live initial product around the end of this quarter, with help from Fireblocks and First Digital Assets.

via CoinDesk

CryptoCurrency News: Osprey Fund’s Bitcoin Trust Is Now Available to Retail Investors via OTC



The fund is structured similarly to the Grayscale Bitcoin Trust, but aims to compete with lower fees.

via CoinDesk

CryptoCurrency News: DeFi Insurer Nexus Mutual Raises $2.7M in NXM Token Sale



The firm aims to sell over $1 billion worth of cover in 2021 spread across at least 30 protocols.

via CoinDesk

CryptoCurrency News: First Mover: Bitcoin Tops $50K and Crypto’s Nouveau Riche Move In



Break of psychological threshold pushes largest cryptocurrency's year-to-date return to 70%, as a new breed of upstart tokens pushes industry market cap past $1.5T.

via CoinDesk

CryptoCurrency News: What Really Happened When Robinhood Suspended GameStop Trading



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

via CoinDesk

CryptoCurrency News: 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.

via CoinDesk

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



MicroStrategy, a business intelligence firm that is best known for the cryptocurrency it purchases rather than for any product it sells, is buying even more bitcoin. This story is developing and will be updated.

via CoinDesk

CryptoCurrency News: ING Bank-Backed Crypto Trade Platform Pyctor Is Raising Money



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

via CoinDesk

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



The cryptocurrency's latest pop pushes 2021 gains to 69%.

via CoinDesk

CryptoCurrency News: Russia’s Lower House to Consider Bill on Crypto Taxation This Week



If passed the bill would amend tax laws to recognize digital currencies as a form of property.

via CoinDesk

CryptoCurrency News: Celsius Network, Argo Blockchain Back Pre-Seed Round for Bitcoin Mining Startup



Luxor Technologies will use the funds to expand its hashrate and hire more engineers.

via CoinDesk

CryptoCurrency News: Russian Mobile Operators Eye Payments Services, Wallets for Digital Ruble



Some telcos are looking at developing a digital wallet that would link the digital currency to users' mobile phone numbers.

via CoinDesk

CryptoCurrency News: ‘Long Tech’ Retakes Most Crowded Trade Crown from Bitcoin: Bank of America Survey



Bitcoin had been most-crowded trade in January as prices rose to a $40,000 record.

via CoinDesk

CryptoCurrency News: Ripple, SEC Say Settlement Unlikely Before Trial Over Alleged Securities Fraud



The SEC's case over allegedly unlawful sales of XRP by Ripple to retail investors is entering the discovery phase.

via CoinDesk

CryptoCurrency News: Bitcoin Recovers From Dip to Set New Record High Close to $50K



Analysts say more spot buying is needed to bring bitcoin over the $50,000 mark.

via CoinDesk

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