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Wednesday, February 17, 2021
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: US Lawmakers Looking Into China’s Role in GameStop Pump: Report
Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.
via CoinDesk
CryptoCurrency News: Bitcoin News Roundup for Feb. 17, 2021
With BTC surpassing $51K and analysts remaining bullish on the price, CoinDesk’s Market Daily is back with the latest news roundup.
via CoinDesk
CryptoCurrency News: DJ 3LAU to Auction Full Album Tokenized on Ethereum Blockchain
3LAU is partnering with blockchain platform Origin to launch an auction for the Ultraviolet Vinyl NFT Collection.
via CoinDesk
CryptoCurrency News: Coinbase Hires Former Stripe Exec as Chief Compliance Officer
Melissa Strait will take charge of Coinbase's compliance initiatives ahead of its planned public listing.
via CoinDesk
CryptoCurrency News: Why the US Needs Bitcoin
Elon Musk and other VIPs have endorsed it. Here's why the Federal Reserve should seriously consider BTC for its balance sheet.
via CoinDesk
CryptoCurrency News: First Mover: What’s Next After Bitcoin Hits $50K? Another $1K Gain
Analysts are still mostly bullish on the cryptocurrency's price, even at lofty levels compared with those just a few months ago.
via CoinDesk
CryptoCurrency News: Crypto Wallet Startup Blockchain.com Raises $120M From Investors Including Google Ventures
Blockchain.com said the institutional backing will power an increasingly institutional-minded business.
via CoinDesk
CryptoCurrency News: Coinbase, Readying for Public Listing, Gets $77B Valuation From Nasdaq Private Market
Last week’s settlement price of $303 per share would make Coinbase bigger than NYSE-owner ICE.
via CoinDesk
CryptoCurrency News: Central Bank Digital Currencies May Drive Cash ‘Shadow Economy’ to Crypto: Reuters
"Shadow economy" participants, those who use deal mostly in hard cash for anonymity's sake, are unlikely to be drawn to using a CBDC, according to a Reuters column.
via CoinDesk
CryptoCurrency News: Valid Points: How CME Ether Futures Work and Why They Matter
A financially settled and U.S. regulated ether futures product makes all the difference.
via CoinDesk
CryptoCurrency News: India Plans Twin Taxes on Exchanges and Traders Before Passing Crypto Bill: Report
A senior Finance Ministry official told a newspaper that taxation does not necessarily imply legality.
via CoinDesk
CryptoCurrency News: World’s Oldest Central Bank Extends Digital Currency Test Till 2022
Sweden's Riksbank said it would continue work with Accenture on a potential e-krona digital currency until next year.
via CoinDesk
CryptoCurrency News: Diginex Connects Crypto Exchanges and Electronic Trading Firms With New Platform
The crypto services firm is connecting high-frequency traders who use electronic trading platforms to crypto exchanges.
via CoinDesk
CryptoCurrency News: Bitcoin Hits New High Above $51K, Shrugging Off Rising Bond Yields
Rising bond yields are a threat to prices of hedge assets, but bitcoin is soaring as gold falls.
via CoinDesk
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