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Monday, December 14, 2020
CryptoCurrency News: Market Wrap: Bitcoin Pushes Past $19.2K; Ether at 3% of BTC Price
Bitcoin is making gains after a strong volume weekend while ether’s percentage of BTC price shows it may have room to climb.
via CoinDesk
CryptoCurrency News: JPMorgan Discusses $600B in Potential New Bitcoin Demand
MassMutual’s $100M BTC investment has the potential to open a massive new investment category, according to analysts.
via CoinDesk
CryptoCurrency News: Square Crypto’s 20th Grant Will Support Bitcoin Design, User Experience
Square Crypto is issuing another Bitcoin developer grant for research on Bitcoin design and user experience.
via CoinDesk
CryptoCurrency News: Bloccelerate VC Raises $12M Fund to Bet on Enterprise Blockchain Adoption
The Seattle-based firm plans to invest in 10-15 ventures in the blockchain space over the next two to three years.
via CoinDesk
CryptoCurrency News: Microsoft, EY Expand Blockchain Platform for Gaming Rights to Include Payments
Microsoft and Ernst & Young LLP announced plans to use a blockchain platform to allow Microsoft’s Xbox gaming partners, artists, and content creators to track and manage their payments and royalty contracts.
via CoinDesk
CryptoCurrency News: Blockchain Bites: Google Goes Down, Nexus CEO and US Treasury Get Hacked
Yearn continues to rapidly expand through acquisitions, leading some to call it the Amazon of DeFi. While a U.S. Treasury hack serves as a reminder of the amount of financial data in circulation.
via CoinDesk
CryptoCurrency News: Ukraine Oligarch’s Troubled US Steel Plant Has Been Quietly Mining Bitcoin: Report
The Kentucky-based CC Metals & Alloys steel plant owned by Ukrainian billionaire Ihor Kolomoisky is mining bitcoin as other activities have stopped, according to a report.
via CoinDesk
CryptoCurrency News: Evercore Says PayPal’s Crypto Offering Could Bring Big Business Boost
An Evercore analyst named PayPal as the top payments stock and said its recently launched cryptocurrency offering could boost margin.
via CoinDesk
CryptoCurrency News: How the Incoming Administration Can Fix Crypto Regulation
From securities law to DeFi, there's a lot for U.S. regulatory agencies to clarify about crypto in the year ahead.
via CoinDesk
CryptoCurrency News: Band Protocol Becomes First Blockchain Project to Join OpenAPI Initiative
Band Protocol will help create a common standard enabling blockchain applications to easily leverage APIs and data.
via CoinDesk
CryptoCurrency News: Buterin Warns Followers Not to Take Out Personal Loans to Buy Crypto
Ethereum founder Vitalik Buterin took to Twitter to warn his followers not to take personal loans to purchase cryptocurrencies.
via CoinDesk
CryptoCurrency News: First Mover: Horrible 2020 Economy Proved Best Thing for Bitcoin
In 2020, bitcoin went from fringe investment to the talk of Wall Street, as the coronavirus-induced recession spurred recovery plans built around stimulus.
via CoinDesk
CryptoCurrency News: Crypto Is Booming in Economically Challenged Argentina
Argentina's crypto industry saw record trading volumes this year, amid the COVID-19 pandemic and economic hardship.
via CoinDesk
CryptoCurrency News: Mergers Position Yearn Finance as the Amazon of DeFi
Yearn Finance looks like it could assemble the Amazon of DeFi. If it does it, it will get there like everything else in crypto: way faster.
via CoinDesk
CryptoCurrency News: CEO of DeFi Insurer Nexus Mutual Hacked for $8M in NXM Tokens
Nexus Mutual's CEO, Hugh Karp, lost the tokens after an attacker gained remote access to his computer.
via CoinDesk
CryptoCurrency News: Bitcoin Exchanges Flood London’s Metro With Adverts
Two cryptocurrency exchanges chose to kick off advertising campaigns on London's Underground system Monday.
via CoinDesk
CryptoCurrency News: Bitcoin Still on Track to Breach $20K in Coming Weeks: Analysts
Bitcoin's revived uptrend could soon lead to a much-anticipated breakout above the $20,000 mark, according to several analysts.
via CoinDesk
CryptoCurrency News: Crypto Bank Sygnum Tokenizes Shares, Eyes Public Offering
The regulated Swiss firm is now eyeing a dual listing of shares in Switzerland and Singapore in partnership with the SIX Digital Exchange.
via CoinDesk
CryptoCurrency News: MassMutual’s $100M Bitcoin Investment Marks Adoption Milestone: JPMorgan
JPMorgan analysts said MassMutual's recent $100 million bitcoin purchases are a sign of growing mainstream acceptance for the cryptocurrency.
via CoinDesk
CryptoCurrency News: Ex-People’s Bank Chief Says Digital Yuan Not Planned to Replace Global Currencies
"We are not like Libra and we don’t have an ambition to replace existing currencies,” said a former governor of the People's Bank of China.
via CoinDesk
CryptoCurrency News: Binance, OKEx Payments Partner Banxa Set to Make Milestone Stock Exchange Listing
The crypto payments infrastructure provider is set to list on a Canadian stock exchange in what's being claimed as a world first.
via CoinDesk
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