CryptoCurrency News: Coinbase to Support Spark Token Airdrop to XRP Holders

Coinbase announced Saturday its plans to support an airdrop that has been seen as a factor in boosting XRP’s price in recent weeks.

via CoinDesk

CryptoCurrency News: Cardano to Launch Hard Fork Before Next Major Development Phase

The hard fork will introduce the token locking mechanism, one of its most significant new functions, to the mainnet.

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CryptoCurrency News: Hong Kong Crypto Exchange Founder Taken Amid China’s Crackdown on Fraudulent Bank Accounts

The platform will close all its over-the-counter (OTC) trading services because of the risks related to uncertainties from China’s regulatory policies/

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CryptoCurrency News: Apple Co-Founder Wozniak’s New Venture Lists Token to Help Fund Energy Efficiency Projects

Apple co-founder Steve Wozniak has launched Efforce, a company that facilitates investments in energy efficiency projects via cryptocurrency and blockchain technology.

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CryptoCurrency News: CME Leveraged Funds Double Down on Shorts as Bitcoin Maintains $19,000

Short open interest for leveraged funds grows on CME as likely hedge trades continue to increase.

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CryptoCurrency News: India Plans to Tax Income From Bitcoin Investments: Report

The country's income tax authority is tracking investors making money amid the ongoing bitcoin price rally and is all set to demand taxes, two sources familiar with the matter told The Economic Times.

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CryptoCurrency News: $50K BTC in 2021? Bloomberg Analysts Join the ‘Traditional Onslaught’ Driving Bitcoin’s Rally

A new crypto outlook from Bloomberg suggests BTC could reach $50,000 in 2021, topping off a month of major institutional momentum for the asset.

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CryptoCurrency News: JD.Com Says It’s Accepting China’s Digital Yuan for Latest Lottery

Chinese e-commerce firm JD.Com says it's become the first online platform to accept the nation's central bank digital currency.

via CoinDesk