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Wednesday, January 6, 2021

CryptoCurrency News: Trump Signs Order to Ban Ma’s Alipay, Other Chinese Apps



U.S. President Donald Trump signed an executive order on Tuesday banning the Alipay payment platform and seven other apps with links to the Chinese, saying the apps can access private information from their users. Separately, U.S. officials are considering banning U.S. citizens from investing in Alibaba Group, an affiliate of Alipay’s parent, and Tencent Holdings, […]

via CoinDesk

CryptoCurrency News: Total Cryptocurrency Market Value Hits Record $1 Trillion



During 2017's bull run, the market peaked at a $760 billion total value.

via CoinDesk

CryptoCurrency News: This Elusive Malware Has Been Targeting Crypto Wallets for a Year



With custom domains and apps, advertising and a social media presence, the ElectroRAT malware operation targeting crypto wallets is extensive.

via CoinDesk

CryptoCurrency News: Iranian Authorities Close 1,620 Illegal Cryptocurrency Mining Farms: Report



The illegal mining operations will be disconnected from the national power grid and the miners will face prosecution.

via CoinDesk

CryptoCurrency News: Bitcoin Investment Make Sense in Current Economic Climate: Former Fed Governor



"I guess if you are under 40 bitcoin is your new gold," Warsh said.

via CoinDesk

CryptoCurrency News: Crypto Exchange Voyager to Suspend Trading of XRP



Voyager said it will suspend trading in XRP, effective Monday, Jan. 18, at 12:00 p.m. New York time.

via CoinDesk

CryptoCurrency News: Kimchi Spreads, ‘Rat Poison,’ Shape Shifts: What You Need to Know in Crypto Today



Bitcoin hit a fresh all-time high above $35,000 while former Bakkt CEO Kelly Loeffler lost her U.S. Senate seat.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Jan. 6, 2021



With BTC topping $35K and JPMorgan predicting even higher long-term gains for the cryptocurrency, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

via CoinDesk

CryptoCurrency News: Bitcoin Lightning Startup Zap Goes Global, Adding Multiple Fiat Pairs, Stablecoins



Visa partner Strike is adding support for multiple fiat currency pairs plus stablecoins as part of its journey to become a “Bitcoin neo-bank.”

via CoinDesk

CryptoCurrency News: What Does It Cost to Become an FCA-Approved Exchange? EXMO Execs Explain



The U.K.-registered EXMO exchange is one of the many crypto startups to go through the FCA approval process. Execs detailed the work it took to get there.

via CoinDesk

CryptoCurrency News: Kraken Users Are Staking More Than $1B in Crypto



The value reflects the many long positions investors are trading in cryptocurrencies.

via CoinDesk

CryptoCurrency News: Coinbase Is Down, Experiencing ‘Connectivity Issues’



The homepage of the popular cryptocurrency exchange is currently inaccessible.

via CoinDesk

CryptoCurrency News: Enterprise Blockchain Is at a Private-Public Crossroads



The big players in enterprise blockchain face a decision: stay with underwhelming consortia projects, or invest in public networks like Ethereum.

via CoinDesk

CryptoCurrency News: First Mover: Bitcoin Hits Record as ‘Blue Wave’ and ‘Kimchi Premium’ Look Bullish



Bitcoin surges above $35K for first time with U.S. Democrats poised to take full control of government and 'Kimchi Premium' back in force.

via CoinDesk

CryptoCurrency News: ShapeShift Is Going Full DeFi to Lose KYC Rules



Erik Voorhees’ ShapeShift is morphing into a decentralized exchange (DEX). It's losing the KYC restrictions at the same time.

via CoinDesk

CryptoCurrency News: Valid Points: New Year, New Price Gains For ETH



Bullish price activity has tipped the total value of ETH locked into Ethereum 2.0 past $2.4 billion.

via CoinDesk

CryptoCurrency News: Google Cloud Seeks Blockchain Expert for China Division



Google Cloud is hiring a manager for its team to sell enterprise accounts to C-level executives.

via CoinDesk

CryptoCurrency News: Stellar’s XLM Token Rallies to 2-Year High on XRP Woes, OCC Ruling, Ukraine



The token is at the highest level since November 2018 in what one observer called a "perfect storm."

via CoinDesk

CryptoCurrency News: Hong Kong-Listed BC Group Raises $90M as Institutional Crypto Demand Soars in Asia



The offering represents 13% of the company's issued share capital.

via CoinDesk

CryptoCurrency News: Veteran Investor Bill Miller Calls Bitcoin a ‘Rat Poison,’ but for Cash



In 2018, legendary investor Warren Buffett referred to the cryptocurrency as "probably rat poison squared."

via CoinDesk

CryptoCurrency News: UK’s Ban on Crypto Derivatives Goes Into Effect Today



The Financial Conduct Authority ban on the sale of derivatives and exchange-traded notes was passed in October.

via CoinDesk

CryptoCurrency News: Former Bakkt CEO Kelly Loeffler Loses Senate Seat



Former Bakkt CEO Kelly Loeffler lost her Senate seat to Democrat Raphael Warnock in a special election Tuesday night.

via CoinDesk

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