Jan 27 2021

Arca Digital Asset Investment Fund Scores $10M in Series A Funding Round

Jan 27 2021 Published at CryptoPotato

Digital asset fund Arca managed to close a Series A funding round raising $10 million of investments led by RRE Ventures.

Blockstream Buys $25 Million Of Bitcoin Mining Hardware From MicroBT

Bitcoin infrastructure company Blockstream has announced a $25 million purchase of the latest Whatsminer bitcoin mining rigs from MicroBT to be run across Blockstream Mining’s facilities in North America. Blockstream Mining was launched in 2019 with an intention of bringing more of the global hash rate to the West. The largest mining rig...

Moonbeam completes test integration of ChainBridge, the network’s first bridge to Ethereum

Moonbeam, an Ethereum-compatible smart contract platform on Polkadot, announced today the completion of a testnet integration of ChainBridge, a modular multi-directional bridge built by ChainSafe. This is the first bridge between Ethereum and the Moonbeam parachain on Polkadot and will allow asset transfers...

Does the IRS Have Your Coinbase Data?

Jan 27 2021 Published at Crypto Briefing under tags  coinbase education irs taxes

Crypto investors are often unclear about their duties when it comes to filing taxes. The following guide examines the rules that Coinbase users should be aware of when it comes to tax season. What Information Did Coinbase Collect? Though all crypto investors must report their capital gains, Coinbase has become well-known for working...

Blockchain Bites: Scaramucci on GameStop and Bitcoin; Why Flamingo DAO Dropped $762K on an NFT

Jan 27 2021 Published at CoinDesk under tags  blockchain bites daos news newsletters nfts

Anthony Scaramucci sees recent GameStop price action as proving Bitcoin's larger thesis of decentralizing and democratizing finance.

Crypto asset manager app ICONOMI adds support for automated trading

Jan 27 2021 Published at CryptoNinjas under tags  trading

ICONOMI, a platform for crypto-asset management, has announced the launch of automated trading strategies. ICONOMI’s advanced trading engine now allows users to trade automatically across several exchanges, looking for the best prices and executing the order within specific algorithm parameters. "This feature brings several advantages to users that want to execute larger orders with a specific desired algorithm. Using automated...

The Bitcoin Paradox

Jan 27 2021 Published at CoinDesk under tags  business opinion

Bitcoin may not be a financial bubble. But, when Bitcoiners reject inconvenient information, it is an epistemic bubble.

Bitcoin’s Price Could Top at $300,000 if History Repeats: Analysis

Jan 27 2021 Published at CryptoPotato

Bitcoin's ongoing correction could end soon and open the cryptocurrency's path to a price top of $300,000, according to two metrics.

Early Bitcoin advocate Chamath Palihapitiya to contest for California governor

Jan 27 2021 Published at CryptoSlate under tags  btcusd people regulation

The star money manager made a big Bitcoin bet back when the project was in its nascency. And he now wants to make the US a better place. Pushing for education and zero state tax Social Capital founder Chamath Palihapitiya wants to run for the position of Californian Governor, he said in a...

Ninepoint Partners Launches $180 Million Bitcoin Trust Fund, Amid Bitcoin ETF Regulatory Hurdles

Canadian firm Ninepoint Partners have launched a Bitcoin Trust Fund after raising nearly $180 million in private investment. The Canadian private investment fund is following in the footsteps of the popular fund manager Grayscale. The firm has listed its shares on Toronto Stock Exchange which would be backed by Bitcoin it holds with New-York based The post Ninepoint Partners Launches $180 Million Bitcoin...

Bitcoin News Roundup for Jan. 27, 2021

Jan 27 2021 Published at CoinDesk under tags  markets daily podcasts

With BTC breaking below $30K and the tether (USDT) saga gaining fresh attention, CoinDesk’s Market’s Daily is back with the latest news roundup.

Bitcoin Battles to Hold $30k as 120k BTC Options Expire this Friday

Quick take: Bitcoin has just dipped to the $29,200 price area forming what looks like a doubled bottom Bitcoin has since regained $30k and is battling to maintain the $30,700 support area 120k Bitcoin options expire this Friday and could provide additional selling pressure However, on-chain metrics for active Bitcoin addresses hint of bullishness The King of Crypto has just experienced a drastic...

Wallet app for CommerceBlock’s Bitcoin sidechain now operational

Jan 27 2021 Published at CryptoNinjas under tags  commerceblock wallets zfeatured

CommerceBlock, a sidechain codebase based on the Bitcoin protocol for the distribution, exchange, and storage of tokenized assets and securities, today announced the release of...

Japan crypto exchange bitbank adds support for QTUM

Jan 27 2021 Published at CryptoNinjas under tags  bitbank listings qtum token offerings

bitbank, a popular Japan-based bitcoin/crypto exchange, today announced the addition of Qtum (QTUM). The new markets of QTUM/JPY and QTUM/BTC will be exempt from trading fees until April 30, 2021. With this addition; bitbank now supports 8 crypto assets with 15 pairs available for trading....

Dogecoin Is Now Available on Ethereum for DeFi Users

Jan 27 2021 Published at Crypto Briefing under tags  dogecoin ren technology

Dogecoin holders will now be able to easily borrow against DOGE holdings and spend their funds in the DeFi ecosystem. DeFi Dogecoin DeFi project Ren announced a new feature of its partnership with OpenDAO yesterday: DOGE on the Ethereum network. OpenDAO is an organization...

Interview: Redefining Time Preference With Kaz Bycko

For this episode of Bitcoin Magazine’s...

Former Bitspark CEO George Harrap Joins Crypto PR Firm as Head of DeFi

Jan 27 2021 Published at CoinDesk under tags  bitspark business coinflash defi news

"I've been around crypto for a decade now and DeFi has me as excited as when I mined my first bitcoin," Harrap told CoinDesk.

Crypto trading platform 2gether compensates users from July 2020 multi-million EUR hack

Jan 27 2021 Published at CryptoNinjas under tags  2gether crypto exchanges

2gether, a European crypto-trading platform founded in 2016, announced today the compensation of its users in the cryptocurrency stolen from their accounts following a cyberattack in July 2020. The company is also in the process of implementing security protocols on its platform to prevent another incident. On...

TomoChain Launches LuaSwap: Attempts to Fight High ETH Gas Fees

Jan 27 2021 Published at CryptoPotato

TomoChain is launching a new token swap platform which is supposed to offer near-zero fees and quicker transaction times.

Australia’s national debit operator eftpos joins Hedera Governing Council

The Australian payments company, eftpos, which operates Australia's national debit card processing infrastructure and mobile payments app Beem It, today announced it has joined the Hedera Governing Council and will run the country's first Hedera network...

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