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Monday, January 4, 2021

CryptoCurrency News: Crypto Markets Jump on OCC Approval for Banks to Use Blockchains



The price of bitcoin and native tokens for other stablecoin-supporting blockchains jumped after the OCC approved banks to use public blockchains.

via CoinDesk

CryptoCurrency News: US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins



Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday.

via CoinDesk

CryptoCurrency News: SkyBridge’s Bitcoin Cache Rises to $310M



SkyBridge's bitcoin investment has already climbed to more than $300 million, mostly due to price appreciation in the past couple of months.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Briefly Drops Close to $28K as Ether Futures Heat Up



Profit-taking helped lead bitcoin lower Monday while more investors are eyeing ether with great interest.

via CoinDesk

CryptoCurrency News: Why I’ve Changed My Mind on Bitcoin



Ritholtz Wealth Management's COO Nick Maggiulli on why he reversed positions on bitcoin.

via CoinDesk

CryptoCurrency News: Understanding Bitcoin’s Blistering Rise Past $30,000



Bitcoin has started 2021 off with a bang. Here’s what investors and analysts think is driving the rise (and today’s dip) as well as predictions for what happens next.

via CoinDesk

CryptoCurrency News: Blockchain Bites: $10B in Bitcoin Futures, Price Wobbles and Liquidations



A correction in bitcoin's price (from all-time highs) led to $1 billion in liquidated options positions. Ukraine announced a Stellar-based CBDC experiment and a much-awaited Ethereum layer 2 set a tentative launch date.

via CoinDesk

CryptoCurrency News: Bitcoin Mining Machine Shortage Worsens as Bitmain Sells Out Through August



Bitmain pre-sold over 3 months of inventory in December.

via CoinDesk

CryptoCurrency News: We Don’t Need a New Regulator to Have Better Crypto Regulation



Contrary to popular wisdom, the U.S.' distributed regulatory structure is good for digital assets in the long run.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Jan. 4, 2021



With the price of the top two cryptocurrencies exploding into the new year, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

via CoinDesk

CryptoCurrency News: Bitwise’s Crypto Assets Under Management Rise Fivefold in Just 2 Months



Bitwise, a provider of crypto index funds, said it has now surpassed $500 million in assets under management.

via CoinDesk

CryptoCurrency News: Julian Assange’s Extradition to US Blocked Over Mental Health Concerns



A judge at the U.K.'s Central Criminal Court ruled Monday that there would be a "high risk" of suicide if Assange was sent to face charges in the U.S.

via CoinDesk

CryptoCurrency News: Bitcoin Miner Marathon Patent Group Completes $200M Capital Raise



Nasdaq-listed Marathon said it will use the funds to pay for recent hardware purchases from Bitmain and to expand its business.

via CoinDesk

CryptoCurrency News: First Mover: Bitcoin’s Plunge to $31K Shows How Bullish Market Had Become



It's anybody's guess where cryptocurrency markets might end 2021, but so far all signs point to further gains.

via CoinDesk

CryptoCurrency News: Ukraine Government Picks Stellar to Help Build National Digital Currency



The Stellar Development Foundation's work with Ukraine's government to digitize the hryvnia will officially launch this month.

via CoinDesk

CryptoCurrency News: Blockchain Platform Telos Launches Crypto Tokens That Act Like Treasurys



The "T-Bond" non-fungible tokens will allow cryptocurrency projects to sell tokens that are locked until maturity conditions are met.

via CoinDesk

CryptoCurrency News: DeVere Group CEO Sold Half of Bitcoin Holdings at All-Time High



"It’s better to sell high and re-buy in the dips,’ Nigel Green said.

via CoinDesk

CryptoCurrency News: Bitcoin Suddenly Drops 13% as Altcoins Continue to Rise



Bitcoin is charting a typical bull market correction amid increased expectations for price volatility.

via CoinDesk

CryptoCurrency News: Shenzhen to Double Digital Yuan Giveaway in China’s Latest Lottery Test



The latest digital currency giveaway is aimed to gauge user experience ahead of an expected launch.

via CoinDesk

CryptoCurrency News: Ether Price Passes $1,150 to Hit Highest Since January 2018



Ethereum's native cryptocurrency, ether, jumped to its highest level since early 2018 following a 43% gain last week.

via CoinDesk

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