It would be logistically challenging for Chinese retail investors to organize a short-selling campaign, especially with the authorities watching.
via CoinDesk
Tuesday, February 2, 2021
CryptoCurrency News: Why a GameStop-Inspired Mania Is Unlikely in China’s Stock Market
It would be logistically challenging for Chinese retail investors to organize a short-selling campaign, especially with the authorities watching.
via CoinDesk
CryptoCurrency News: Why Crypto Markets Aren’t ‘All-to-All’ Either (and How They Can Be)
GameStop-Robinhood revealed inequalities in the retail equity trading system. Can crypto markets do better? They must.
via CoinDesk
CryptoCurrency News: Bitcoin News Roundup for Feb. 2, 2021
With BTC rising and a look at what could happen in a post-COVID economy, CoinDesk’s Market Daily is back with the latest news roundup.
via CoinDesk
CryptoCurrency News: Debt Collection Firm CIS Now Accepts Bitcoin for B2B Repayments
Corporate Intelligence Services said it launched the new repayment option to provide a better service its "clientele."
via CoinDesk
CryptoCurrency News: Bitwise Files for Approval to Publicly Trade Its Bitcoin Fund
The fund aims to compete with Grayscale's Bitcoin Trust and others by offering a 50 basis point lower expense ratio.
via CoinDesk
CryptoCurrency News: OKEx Exchange to Integrate Bitcoin’s Lightning Network for Faster, Cheaper Transactions
High on-chain fees and transaction times for bitcoin can be off-putting to users, the exchange said.
via CoinDesk
CryptoCurrency News: State of Crypto: How Will the Government React to GameStop?
Also: Ripple filed its response to the SEC and a FinCEN official discusses the controversial counterparty rule in public for the first time.
via CoinDesk
CryptoCurrency News: India Minister Suggests Modi Government Not Planning Outright Crypto Ban
A recent bulletin from India's lower house had once more raised fears of an total cryptocurrency ban.
via CoinDesk
CryptoCurrency News: Alameda Research Acquires Interoperability Project Ren
Sam Bankman-Fried's Alameda Research has acquired RenVM to bring more DeFi assets to Solana.
via CoinDesk
CryptoCurrency News: Russia and US Dominate Global Dark Market Traffic: Report
Darknet marketplaces received $1.7 billion during 2020, mostly from Russia, the U.S., Ukraine and China, Chainalysis says.
via CoinDesk
CryptoCurrency News: ConsenSys, Securosys Combine Tech for ‘Secure’ Way to Stake on Ethereum 2.0
The method employs Securosys' hardware security modules to keep participants' keys safe.
via CoinDesk
CryptoCurrency News: These Two Firms Want to Upgrade Crypto Infrastructure for Banks and Exchanges
Custody tech provider METACO and forex trading platform Cobalt have teamed up in a bid to rewire the financial system to handle cryptocurrency.
via CoinDesk
CryptoCurrency News: Bullish Bitcoin Fundamentals Point to Renewed Price Rally Ahead
Analysts cautioned that a stronger dollar could play spoilsport to any new push higher.
via CoinDesk
CryptoCurrency News: Gemini Partners With Crypto Lender Genesis to Offer 7.4% Yield on Customer Deposits
The product is part of Gemini’s attempt to bring in new crypto investors with bank-like products.
via CoinDesk
CryptoCurrency News: Ether Cryptocurrency Nears Record High Amid WSB Trading Buzz
Analysts say the trading movement started by WallStreetBets may boost adoption of ether and other cryptocurrencies.
via CoinDesk
CryptoCurrency News: Robinhood CEO May Testify Before US House Committee Over GameStop Allegations
Vlad Tenev will likely appear before a U.S. virtual hearing as lawmakers investigate the firm's recent trading restrictions, a Politico report says.
via CoinDesk
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