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Thursday, January 7, 2021

CryptoCurrency News: Crypto Exchange Bakkt Nears Merger With Victory Park SPAC: Bloomberg



A deal could be announced as soon as next week, the report said.

via CoinDesk

CryptoCurrency News: Why Is Bitcoin Going Up, and Will It Crash Soon? What’s Next as Price Doubles to $40K



Crypto pros and newbies alike are asking why bitcoin prices keep hitting new all-time highs, and if prices are due to crash. Here's what the experts say.

via CoinDesk

CryptoCurrency News: Ripple ‘Tried’ to Settle With SEC Ahead of XRP Suit, CEO Says



Ripple CEO Brad Garlinghouse says his firm tried to settle with the SEC before the regulator sued on unregistered securities sale allegations.

via CoinDesk

CryptoCurrency News: Finland Pushes to Sell Tainted Trove of Bitcoins Worth Tens of Millions



Finland's customs agency plans to sell nearly 2,000 bitcoins agents seized in drug raids.

via CoinDesk

CryptoCurrency News: Coinbase Acquires Routefire to Beef Up Institutional Bitcoin Offering



Leading U.S. crypto exchange Coinbase has acquired trade execution startup Routefire. The terms of the deal were not disclosed.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Sustainability and Uncertainty as Crypto Crosses $1T Benchmark



Amid political chaos and global uncertainty, one bitcoin is now worth more than $39,000 as the value of all cryptos passes $1 trillion.

via CoinDesk

CryptoCurrency News: Ignoring Outages, Coinbase Futures Set Record Highs as Bitcoin Rally Continues



CBSE futures on FTX hit $311 Thursday afternoon.

via CoinDesk

CryptoCurrency News: 65K Comments and Counting: Crypto Industry Fights ‘Arbitrary’ Treasury Rule



The crypto industry says a proposed rule to collect personal data from private wallet transactions is being rushed, might be challenged in court and could be difficult to implement.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Jan. 7, 2021



With the price of bitcoin up another $2K and the cryptocurrency sector now valued at more than a trillion dollars, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

via CoinDesk

CryptoCurrency News: Coinbase Suffers ‘Connectivity Issues’ Again as Bitcoin Hits Another Record



Leading U.S.-based cryptocurrency exchange Coinbase is suffering connectivity issues for the second consecutive day amid bitcoin‘s parabolic price rally. The story is developing and will be updated as more information is available.

via CoinDesk

CryptoCurrency News: Crypto Investment Firm Grayscale Names New CEO, Plans to Double Staff in 2021



Grayscale's managing director, Michael Sonnenshein, has now been appointed CEO.

via CoinDesk

CryptoCurrency News: Institutional Custody Will Challenge Retail-Oriented Crypto



The bearer nature of digital assets presents challenges to institutions getting into crypto. The need for greater security will likely impact the whole industry.

via CoinDesk

CryptoCurrency News: Crypto Derivatives Exchange BitMEX Says All Users Are Now Verified



After getting in hot water with U.S. regulators last year, the exchange has rolled out mandatory verification for all users.

via CoinDesk

CryptoCurrency News: Bitcoin Miner Bitfarms Closes $15M Brokered Private Placement



Bitfarms announced the placement Sunday.

via CoinDesk

CryptoCurrency News: First Mover: $1 Trillion of Cryptocurrencies Shows Booming ‘Asset Class’



It took just a few months for cryptocurrencies' market cap to double to $1 trillion. That compares with eight years for U.S. junk loans.

via CoinDesk

CryptoCurrency News: XRP Climbs Back up Crypto Rankings With Near 50% Rise



With the sudden rise, XRP has replaced litecoin as the fourth-largest cryptocurrency by market cap.

via CoinDesk

CryptoCurrency News: Oasis Protocol Adds Shyft Network in Bid to Attract Institutions to DeFi



Oasis Labs, creator of Oasis Protocol, appears to be looking to build an institution-friendly version of Ethereum's DeFi ecosystem.

via CoinDesk

CryptoCurrency News: PayPal, Coinbase Invest in Crypto Tax Automation Startup TaxBit



PayPal Ventures, Coinbase Ventures and Winklevoss Capital invested an undisclosed amount in the firm.

via CoinDesk

CryptoCurrency News: South Korea’s 20% Crypto Tax Now Coming in 2023: Report



The cryptocurrency tax was originally planned to be implemented in late 2021.

via CoinDesk

CryptoCurrency News: Bitcoin Tops $38K for First Time, a Day After Racing Past $36K, $37K



The leading cryptocurrency hit a new-all time high of $38,286.65, before settling down to $36,004.99, up 5.93% over the last 24 hours.

via CoinDesk

CryptoCurrency News: CME Becomes Biggest Bitcoin Futures Exchange as Institutional Interest Rises



Chicago Mercantile Exchange now tops the list of the biggest bitcoin futures trading platforms, accounting for nearly 20% of all open interest.

via CoinDesk

CryptoCurrency News: Record Expected Ether-Bitcoin Volatility Points to Altcoin Season Ahead: Analyst



Peaking implied volatility spreads suggest the emphasis in the markets will shift to ether and other alternative currencies in the short term.

via CoinDesk

CryptoCurrency News: Coronavirus Vaccines Certified With VeChain’s Blockchain Tech in Cyprus



The medical certification app was developed by VeChain and I-Dante last May.

via CoinDesk

CryptoCurrency News: FiCAS’ Actively Managed Crypto ETP Gets Green Light for European Expansion



The first actively managed crypto ETP, the BTCA was launched in Switzerland last July.

via CoinDesk

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