A deal could be announced as soon as next week, the report said.
via CoinDesk
Thursday, January 7, 2021
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: 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: 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: 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: 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
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