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Tuesday, January 5, 2021
CryptoCurrency News: Bitcoin Sets New All-Time High Above $35K
Bitcoin bulls pushed the leading crypto to fresh all-time highs above $35,000 Tuesday night.
via CoinDesk
CryptoCurrency News: Origin Brings Back Interest-Earning OUSD Stablecoin Following $7M Hack
Origin is relaunching its yield-generating stablecoin following a November attack that drained OUSD holders of $7 million.
via CoinDesk
CryptoCurrency News: Gambling Tech Giant IGT Patents Way to Fund Bets With Bitcoin
IGT's bitcoin funding patent comes as the gambling tech giant's plans for cashless wagering move forward.
via CoinDesk
CryptoCurrency News: Ethereum: The Last Bastion for Yield
U.S. Treasury and corporate bonds are returning lower yields than ever. Ethereum's currency ether (ETH) presents an alternative.
via CoinDesk
CryptoCurrency News: Most Important Crypto Regulation Yet? Banks Can Treat Public Blockchains Like SWIFT and ACH
A new interpretive letter from the Office of the Comptroller of the Currency paves the way for stablecoins and public blockchains to be fully integrated in the financial infrastructure.
via CoinDesk
CryptoCurrency News: Bitcoin Retail FOMO Brings a Heap of ‘Kimchi Premium’ to S. Korea
Bitcoin's price premiums on South Korean exchanges have returned amid the latest bitcoin bull market.
via CoinDesk
CryptoCurrency News: The Pandemic Was Just the Catalyst
Harry Dent predicted 2020's economic upheaval several years in advance. The coronavirus pandemic was just a trigger to a long-term reckoning over public debt.
via CoinDesk
CryptoCurrency News: Blockchain Bites: JPMorgan’s $146K BTC Target, Crypto Responds to US Treasury’s Proposed Wallet Rule
PLUS: The OCC's green light for banks to use stablecoins, Brazil's booming crypto sector and the bitcoin mining machine supply crunch.
via CoinDesk
CryptoCurrency News: Bitcoin News Roundup for Jan. 5, 2021
With BTC back above $32K and a billion dollars worth of bitcoin exiting Coinbase, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.
via CoinDesk
CryptoCurrency News: Swedish Bankers Air Concerns Over E-Krona Digital Currency Plan
While the Riksbank appears keen to launch the e-krona, bankers are worried about how the digital currency might affect their industry.
via CoinDesk
CryptoCurrency News: CoinDesk Acquires TradeBlock, Adding Indexes and Pricing to News, Events Offerings
With the acquisition CoinDesk said it’s positioned to be the leading source of crypto news, information and data for the rapidly growing sector.
via CoinDesk
CryptoCurrency News: Grayscale Drops XRP From Large Cap Crypto Fund Following Ripple SEC Suit
The digital asset manager announced that it ditched XRP on Dec. 31. No word on the fate of the Grayscale XRP Trust.
via CoinDesk
CryptoCurrency News: First Mover: As Bitcoin Rally Pauses, DeFi Keeps Astounding
Don't even think of using the term "DeFi winter," because DeFi might be hotter than last year's summer of DeFi.
via CoinDesk
CryptoCurrency News: Voyager Digital Reports 75% Revenue Rise in Q4, Cites Increased Crypto Adoption
The Canadian crypto broker said its revenue growth was due to the growing adoption of cryptocurrency.
via CoinDesk
CryptoCurrency News: Argentina’s Ripio Acquires Second-Largest Crypto Exchange in Brazil
Ripio has acquired BitcoinTrade in a bid to increase its footprint across the frothy Latin American crypto market.
via CoinDesk
CryptoCurrency News: Former Canaan Directors to Guide Chinese Gaming Firm’s Pivot to Crypto Mining
Former directors of Canaan Inc. are investing in the Shanghai firm and will help launch its new mining subsidiary.
via CoinDesk
CryptoCurrency News: Square’s Jack Dorsey Hits Out at FinCEN’s ‘Burdensome’ Proposed Crypto Wallet Rules
"The burdensome information collection and reporting requirements deprive U.S. companies like Square of the chance to compete on a level playing field," Dorsey said.
via CoinDesk
CryptoCurrency News: JPMorgan Predicts Bitcoin Price Could Rise Over $146,000 in Long Term
Bitcoin is increasingly competing with gold as an investment asset and has scope for substantial gains over coming years, according to JPMorgan strategists.
via CoinDesk
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