A handful of DeFi tokens are producing double-digit gains as Bitcoin price fights to turn $19,500 to a strong support level. The world’s negative-yielding debt has soared to over $18 trillion according to Bloomberg. In such times, it is no surprise that the decentralized finance space, a place where mouth-watering yields can be found, has […]
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OSL is now officially licensed to operate regulated brokerage and automated trading services for digital assets. OSL, a major digital asset platform in Asia and a unit of Fidelity-backed BC group, has been officially licensed by the Securities and Futures Commission of Hong Kong. According to a Dec. 15 announcement, the new license allows OSL […]
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Bitcoin price regained the $19,000 level and continues to trade in a range, providing altcoins with the opportunity to steadily move higher. Strategists at JPMorgan said in a note that MassMutual’s $100 million Bitcoin (BTC) purchase shows that insurance firms and pension funds are now adopting Bitcoin. According to the analysts, typically this class of institutional […]
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Despite the snapshot on Dec. 12 for the upcoming FLR airdrop event, XRP’s value has not gained much ground, staying put at around $0.50. While Bitcoin (BTC) has hogged the majority of the mainstream limelight when it comes to the recent bullish action seen in the crypto market, the altcoin XRP has also surged over […]
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As the cryptocurrency industry continues to grow, so does mining. But there’s a new trend developing now that has only recently emerged. Bitcoin mining started out as a small endeavor taken on by a few individuals repurposing home computers to mint virtual coins that were, at the time, almost worthless. Fast forward to 2020, and […]
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What goes down must come up? Markets often bounce back. Investing app Acorns aims to help people grow their savings and wealth, but how does inherent market risk factor into the equation? CEO Noah Kerner gave his thoughts on that question at a recent BlockShow panel. “We send this message to our customers: That every […]
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Ukrainian government officials are investing in cryptocurrency. A newly appointed official in Ukraine has officially declared his cryptocurrency holdings including a significant amount of privacy-focused cryptocurrency Monero (XMR). Rostyslav Solod, a 19-year-old deputy of the Kramatorsk regional department and the son of Ukrainian politicians Natalia Korolevska and Yuriy Solod, reported holdings of 185,000 XMR, worth […]
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European Union doubles down on commitment to investing in blockchain technology. The European Commission is inviting tenders for the European Union blockchain pre-commercial procurement, or PCP. In general, a PCP is a public sector purchase of research and development services to adapt new or emerging technology to its needs. This PCP will focus on developing […]
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“I think a new investor could put 5% into Bitcoin. Bitcoin’s not going back to zero.” Galaxy Digital founder and CEO Mike Novogratz is encouraging investors to devote a larger percentage of their portfolios to crypto. In an interview with CNN’s Julia Chatterley today, Novogratz said he had “changed his tune” on previous advice that […]
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Banking executive says JPMorgan has been active in blockchain for a while. Contrary to public perception, JPMorgan Chase has always been pro-blockchain, says the multinational investment bank’s head of wholesale payments, Takis Georgakopoulos. In a live discussion with Nasdaq reporter Jill Malandrino at this year’s Blockshow in Singapore, Georgakopoulos said JPMorgan has always viewed the […]
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