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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: BitGo Launches Wrapped Bitcoin, Ether on Tron Blockchain



Nearly 100 DeFi-friendly WBTC have already been minted as TRC-20 tokens on Tron.

via CoinDesk

CryptoCurrency News: Blockchain.com to Stop XRP Trading Next Week



Blockchain.com is the latest crypto exchange to delist XRP.

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: Tetragon Sues Ripple to Force Stock Redemption



Tetragon was one of Ripple Labs' big financial backers.

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: LCX Exchange Gets Licensed in Liechtenstein to Help Banks Create Their Own Digital Assets



LCX has been granted eight out of the 11 crypto-related licenses in Liechtenstein.

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: Bitcoin Trader Robbed and Pushed Out of Car in Hong Kong



The trader exchanged 15 bitcoin for HK$3 million before being robbed of both.

via CoinDesk

CryptoCurrency News: Bitcoin Bounces Back Above $31K After Monday’s Drop



Analysts say the bitcoin market now looks less overheated than it did on Monday.

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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