Cryptocurrency

Cryptocurrency news

  • PayPal to offer crypto payments for merchants, limited trading on Venmo PayPal to offer crypto payments for merchants, limited trading on Venmo

    After their limited crypto trading service “exceeded expectations,” the company will double down on crypto, blockchain, and digital currencies in 2021

  • Taproot Update: Bitcoin Users Home In on Activation Plan, Date Still TBD Taproot Update: Bitcoin Users Home In on Activation Plan, Date Still TBD

    The meeting ended with rough consensus in favor of BIP8 (false), as well as with approval of two possible methods to put this BIP into motion.

  • Dan Tapiero launches $200M investment fund for late-stage crypto firms Dan Tapiero launches $200M investment fund for late-stage crypto firms

    The SEC filing notes the 10T Fund’s first sale occurred on Jan. 29, with $76 million remaining to be sold.

  • Dan Tapiero Launches $200M Fund to Invest in Crypto Companies Dan Tapiero Launches $200M Fund to Invest in Crypto Companies

    Tapiero is joined by Michael Dubilier and Stan Miroshnik.

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  • China’s Central Bank Is Partnering With SWIFT on a New Joint Venture China’s Central Bank Is Partnering With SWIFT on a New Joint Venture

    It’s unclear what the new group’s mission will be, though People’s Bank of China employees working on its digital currency efforts will be involved.

  • PayPal Q4 Transaction Revenue Rose 11.8% in 1st Quarterly Report Since Adding Crypto PayPal Q4 Transaction Revenue Rose 11.8% in 1st Quarterly Report Since Adding Crypto

    Customers who bought crypto through the platform have been logging in twice as much as they were before, the payments giant said.

  • PayPal 2020 Results: ‘Outstanding Finish to a Record Year’ PayPal 2020 Results: ‘Outstanding Finish to a Record Year’

    It was the first quarterly earnings report from the payments giant since rolling out its crypto service in late 2020.

  • Market Wrap: Bitcoin Cracks $37.2K as Ether Breaks Through to Record-High $1.6K Market Wrap: Bitcoin Cracks $37.2K as Ether Breaks Through to Record-High $1.6K

    Bitcoin has been trending higher for two days but ether is in the spotlight now.

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  • UK investment manager sells off half BTC holdings after $750M win UK investment manager sells off half BTC holdings after $750M win

    “The economic environment for Bitcoin right now could not be better,” said Duncan MacInnes.

  • Bitcoin Mining Firm Bit Digital Removes CEO; Chairwoman Resigns Bitcoin Mining Firm Bit Digital Removes CEO; Chairwoman Resigns

    The changes come amid an ongoing class-action lawsuit against the mining company.

  • Altcoins and DeFi tokens rally as Ethereum price hits $1,650 Altcoins and DeFi tokens rally as Ethereum price hits $1,650

    Bitcoin bulls are chasing after $40,000, Ethereum price hit a new all-time high at $1,650 and DeFi tokens are still outperforming everything.

  • Analyst: Recent Bitcoin Consolidation Suggests Move Past $40k is Imminent Analyst: Recent Bitcoin Consolidation Suggests Move Past $40k is Imminent

    Bitcoin has pushed higher over the past day, which comes at a time where most major altcoins are all seeing immense upwards momentum
    Where the market trends next will undoubtedly depend on whether or not BTC and ETH can remain stable or continue climbing higher
    While sharing his thoughts on where the crypto might trend in the near-term, one analyst explained that Bitcoin’s recent consolidation phase has been incredibly bullish
    He now expects the entire market to surge higher, with bulls l

  • CME chief economist hints Bitcoin is gaining ground on gold as a hedge CME chief economist hints Bitcoin is gaining ground on gold as a hedge

    Why can’t we be friends? The gold versus Bitcoin debate rages on.

  • Price analysis 2/3: BTC, ETH, XRP, DOT, ADA, LINK, LTC, BCH, BNB, XLM Price analysis 2/3: BTC, ETH, XRP, DOT, ADA, LINK, LTC, BCH, BNB, XLM

    Ethereum’s rally to a new all-time high boosted investor sentiment in Bitcoin and several altcoins are now surging toward new highs.

  • Sino-Global Shares Soar as Shipping Firm Expands Into Bitcoin Mining Sino-Global Shares Soar as Shipping Firm Expands Into Bitcoin Mining

    Sino-Global announced a new COO and CTO as it plans to start mining.

  • China Leads Africa’s Digital Currency Race China Leads Africa’s Digital Currency Race

    With years of public investment and plenty of penetration for its phone makers, China is well placed to establish a digital currency in Africa.

  • Michael Saylor’s Mission to Get 1,400 Corporations Into Bitcoin Michael Saylor’s Mission to Get 1,400 Corporations Into Bitcoin

    MicroStrategy is hosting a two-day “Bitcoin for Corporations” event. Here’s what to watch for.

  • Mark Cuban issues burn notice on offensive ENS domain Mark Cuban issues burn notice on offensive ENS domain

    One-upping this crypto troll was no problem for the crypto-savvy billionaire.

  • Sats Stats: Bitcoin Grows 37x In Four Years From Today Sats Stats: Bitcoin Grows 37x In Four Years From Today

    Bitcoin is in a powerful uptrend, and has brought investors more ROI than any other asset on the face of the planet. In just four years from today, the leading cryptocurrency by market cap has done a 37x.
    Here’s a trip back down memory lane looking at how far we’ve come since then, and how far Bitcoin price could rise in the future if things keep on climbing.
    Bitcoin Price Action Delivers 37x Returns Since February 2017
    Bitcoin is not like other assets. It shares the most similaritie

  • Ether Soars to Another All-Time High, Carrying DeFi and Rival Coins With It Ether Soars to Another All-Time High, Carrying DeFi and Rival Coins With It

    Investor excitement ahead of the CME’s planned ether futures contract is one reason for the price push.

  • Bitcoin bulls target $40K as Friday’s $1B BTC options expiry approaches Bitcoin bulls target $40K as Friday’s $1B BTC options expiry approaches

    Friday’s $1 billion Bitcoin options expiry is tilted toward bulls who have set their sights on the $40,000 level.

  • NYDIG Expects to Hold $25B in Bitcoin for Institutional Clients This Year NYDIG Expects to Hold $25B in Bitcoin for Institutional Clients This Year

    CEO Stevens said NYDIG’s institutional order books are looking bullish for the year.

  • NYDIG Expects to Hold $25B in Bitcoin for Institutional Clients by Year End NYDIG Expects to Hold $25B in Bitcoin for Institutional Clients by Year End

    CEO Stevens said NYDIG’s institutional order books are looking bullish for the year.

  • Free TON to merge with Dune Network in decentralized M&A deal Free TON to merge with Dune Network in decentralized M&A deal

    The Free TON–Dune Network merger represents one of the first decentralized M&A deals.

  • Blockchain Bites: MicroStrategy’s Macro Strategy for Bitcoin Treasuries Blockchain Bites: MicroStrategy’s Macro Strategy for Bitcoin Treasuries

    Bitcoin is being hoovered up faster than it’s mined, as Guggenheim predicts increased institutional inflows and Ruffler takes profits.

  • GameStop saga reveals legacy finance is rigged, and DeFi is the answer GameStop saga reveals legacy finance is rigged, and DeFi is the answer

    Traditional finance is a relic, and the GameStop saga is nothing but a prelude for what’s to come: the real decentralization of money.

  • How Bitcoin’s Taproot Upgrade Will Improve Technology Across Bitcoin’s Software Stack How Bitcoin’s Taproot Upgrade Will Improve Technology Across Bitcoin’s Software Stack

    Scaling, privacy and custody software will all benefit from Bitcoin’s biggest upgrade in years.

  • CrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTC CrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTC

    The fund is starting out with $20 million in AUM, largely from family offices, and touts lower fees than the Grayscale Bitcoin Trust.

  • Crypto hedge fund refutes JPMorgan’s claim that Bitcoin ETF is short-term negative for BTC Crypto hedge fund refutes JPMorgan’s claim that Bitcoin ETF is short-term negative for BTC

    Research from Tyr Capital Arbitrage SP refutes JPMorgan’s claim that a Bitcoin ETF holds negative connotations for the BTC price.

  • Bitcoin News Roundup for Feb. 3, 2021 Bitcoin News Roundup for Feb. 3, 2021

    With BTC trading in its recent range and a look at DeFi in a post-WallStreetBets world, CoinDesk’s Market Daily is back with the latest news roundup.

  • Late on crypto? Institutions still at early stage of Bitcoin adoption Late on crypto? Institutions still at early stage of Bitcoin adoption

    Institutional investors are rushing to acquire and add Bitcoin to their portfolio — but is it too late?

  • Miami Mayor Previews ‘Favorable’ Crypto Policy Miami Mayor Previews ‘Favorable’ Crypto Policy

    In an interview with CoinDesk, Francis X. Suarez explains how he plans to attract the crypto industry to Florida.

  • Jack Ma’s Ant Group Agrees to Restructure After Pressure From China’s Regulators: Report Jack Ma’s Ant Group Agrees to Restructure After Pressure From China’s Regulators: Report

    Regulators have been clamping down on Ant Group, even cancelling its expected $35 billion twin IPO late last year.

  • Jack Ma’s Ant Group Agrees to Restructure After Pressure From China’s Regulators Jack Ma’s Ant Group Agrees to Restructure After Pressure From China’s Regulators

    Regulators have been clamping down on Ant Group, even cancelling its expected $35 billion twin IPO late last year.

  • Yellen convenes SEC, CFTC and Fed leaders on Robinhood question Yellen convenes SEC, CFTC and Fed leaders on Robinhood question

    Treasury Secretary Janet Yellen faces the first major hurdle of her tenure with the question of how to handle social media-driven security trading.

  • Small and medium hodlers control 40% of the Bitcoin supply — data Small and medium hodlers control 40% of the Bitcoin supply — data

    Distribution “keeps getting better,” says Willy Woo amid continued claims that Bitcoin as a network is too centralized.

  • Ruffer Turns Bitcoin Investment Into $750M Profit in Under 2 Months Ruffer Turns Bitcoin Investment Into $750M Profit in Under 2 Months

    “We did not expect immediate fireworks,” said a Ruffer executive.

  • The Block Founder Mike Dudas Takes Stablecoin Role at Paxos The Block Founder Mike Dudas Takes Stablecoin Role at Paxos

    The serial entrepreneur, payments veteran and pugnacious tweeter will focus on building Paxos’ white-labeled stablecoin business.

  • Bitcoin Startup Casa Raises $4M Led by Fidelity-Linked Avon Ventures Bitcoin Startup Casa Raises $4M Led by Fidelity-Linked Avon Ventures

    Coinbase Ventures also joined the round.

  • First Mover: Bulls Are Back as Ether Hits All-Time High, Bitcoiners Hoard First Mover: Bulls Are Back as Ether Hits All-Time High, Bitcoiners Hoard

    GameStop comedown shows appeal of social-media-fueled trading. Dogecoin chatter in Reddit reveals cryptocurrency analogue.

  • KuCoin CEO says insurance covered remaining losses stemming from $285M hack in 2020 KuCoin CEO says insurance covered remaining losses stemming from $285M hack in 2020

    KuCoin users were unaffected by the $285 million hack of 2020, as insurance funds covered the $16 million unrecovered from the incident.

  • KuCoin CEO says insurance covered 16% of losses from $285M hack in 2020 KuCoin CEO says insurance covered 16% of losses from $285M hack in 2020

    KuCoin users were unaffected by the $285 million hack of 2020 as insurance funds covered the remaining losses from the incident.

  • Bitcoin Miner Argo Blockchain Bought 172.5 BTC in January Bitcoin Miner Argo Blockchain Bought 172.5 BTC in January

    With bitcoin trading near $36,500, the new holdings have a current value of over $6 million.

  • Calls for Bitcoin Price Rally Grows as $600M Enter Crypto Exchanges Calls for Bitcoin Price Rally Grows as $600M Enter Crypto Exchanges

    Cryptocurrency exchanges experienced a dramatic rise in stablecoin deposits in the previous 24 hours, instilling hopes that traders will use the dollar-pegged tokens to purchase Bitcoin.
    Data fetched by blockchain analytics platform, CryptoQuant, showed exchanges’ stablecoins reserves hitting a record high of 5.47 billion after adding $600 million in a day. The spike apprehensively coincided with a modest upside move in the Bitcoin market, wherein the BTC/USD exchange rate rose by almost 3

  • EU politician reveals her conversion to crypto — Eva Kaili EU politician reveals her conversion to crypto — Eva Kaili

    “Lots of my friends lost their savings because banks suddenly shut down and nobody would guarantee their life savings. So this was like quite a shock.”

  • NFT Marketplace Rarible Closes $1.75M Seed Raise From 1kx, Coinbase Ventures NFT Marketplace Rarible Closes $1.75M Seed Raise From 1kx, Coinbase Ventures

    The startup will use the funds to build a DAO governance structure.

  • MicroStrategy will pitch Bitcoin to 1,400 public companies: How will BTC price react? MicroStrategy will pitch Bitcoin to 1,400 public companies: How will BTC price react?

    MicroStrategy is meeting with public companies tomorrow, on Feb. 4, to talk about Bitcoin and its merit as a store of value.

  • China could shut down Bitcoin for $7B a year says Logica Capital chief strategist China could shut down Bitcoin for $7B a year says Logica Capital chief strategist

    Logica Capital’s chief strategist believes China could attack the Bitcoin network for just $7 billion per year.

  • Uphold to Launch Crypto Card in Europe After Optimus Acquisition Uphold to Launch Crypto Card in Europe After Optimus Acquisition

    The firm plans to start rolling out its multi-asset debit card on the Optimus platform in Europe “shortly.”

  • Visa announces neobank pilot focused on getting crypto tools to Black community Visa announces neobank pilot focused on getting crypto tools to Black community

    The crypto APIs will help “provide another channel for the Black community to access crypto as a new asset class.”

  • Dan Tapiero Launches $200M Fund to Invest in Crypto Companies

    Source: https://www.newslocker.com/en-us/news/cryptocurrency/2021-02-03/

    Donovan Larsen

    Donovan is a columnist and associate editor at the Dark News. He has written on everything from the politics to diversity issues in the workplace.

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