The prospects for 2021 look bright as major forces driving adoption in 2020 will remain powerful. Propelled by Bitcoin’s record-breaking rally, the crypto industry is seeing off 2020 with flying colors. Amid all the tumult of this unprecedented moment in history, the digital asset space seems to have proven its resilience, making a solid case […]
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The digital asset manager has reduced its holdings of both cryptocurrencies significantly. Grayscale Investments, the world’s largest digital asset manager, has reportedly dumped a significant portion of its XRP and XLM holdings. Data from Bybt, a cryptocurrency futures trading platform, reveal that Grayscale’s XRP holdings declined by more than 9.18 million on Dec. 29, bringing […]
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eToro has ambitions to join Coinbase as a public company as the social trading platform looks to a 2021 IPO. Trading platform eToro reportedly could go public in 2021. Sources tell Cointelegraph that eToro has been working with the London Stock Exchange’s ELITE program to prepare for an IPO. “eToro does not comment on market rumours,” […]
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Though Ripple CEO Brad Garlinghouse is prepared to challenge the SEC over its lawsuit, the knock may be hard to come back from. Just over a month ago on Nov. 24, XRP’s value surged to above the $0.90 mark on U.S. cryptocurrency exchange Coinbase, albeit momentarily, leading many backers to believe that the digital currency […]
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Crypto exchange Binance has announced the launch of “European-style” Bitcoin options contracts on its trading platform. Crypto exchange giant Binance is set to expand its cryptocurrency trading catalog with the launch of a European-style Bitcoin (BTC) options contract. Announced on Dec. 28, the launch follows a successful testnet trial carried out back in November. The […]
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The latest DeFi incursion involves flash loans … again. DeFi lending protocol Warp Finance has reportedly suffered a flash loan attack resulting in the loss of as much as $8 million in digital assets. Reports are coming in that an attacker has made off with between $1 million, to as much as $8 million according […]
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The price of Bitcoin just hit a new all-time high of $21,569 — but do crypto holders who got out early have any regrets? The Bitcoin price passed $21,000 for the first time in history on Dec. 16, not long after the crypto asset broke the psychological $20,000 threshold. BTC/USD weekly chart. Source: Tradingview The […]
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The Commonwealth of Massachusetts plans to sue Robinhood for alleged violation of state laws and regulations not related to crypto. Massachusetts securities regulators are reportedly preparing to file a complaint against a major cryptocurrency-friendly trading platform, Robinhood. According to a Dec. 16 report by the Wall Street Journal, Massachusetts regulators alleged that Robinhood’s marketing illegally […]
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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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A new proof of concept shows how blockchain increases value across the supply chain. The World Economic Forum is progressing with its blockchain-based project tracking of greenhouse gas emissions. According to a Dec. 15 announcement, the WEF’s Mining and Metals Blockchain Initiative, or MMBI, has released a proof of concept to trace carbon emissions for […]
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