Jan 16 2021

ECB President Christine Lagarde Says Bitcoin Needs Regulation

ECB President Christine Lagarde recently said that she considers BTC as a speculative asset that needs to be regulated globally. In her opinion, a lot of »funny business« has been facilitated through Bitcoin, and the asset has also been used to launder money. Lagarde called for a global approach to regulating Bitcoin, something that would be very difficult to achieve.

Chainlink (LINK) Futures Open Interest Hits ATH of $287 Million

Quick take: The open interest on Chainlink futures contracts has hit an all- time high of $287 Million Chainlink has just hit an all-time high of $22.67 - Binance rate Chainlink has also had the highest day of active addresses in 5 months LINK has the potential to keep moving up but its bullishness is hinged on Bitcoin's stability The aggregated open interest on...

Bitcoin Correction Could be Bull Run Launchpad

Jan 16 2021 Published at FullyCrypto under tags  bitcoin bitcoin news bull market

Reading Time: 2 minutes Bitcoin’s rapid run and recent correction has some worried that the 2021 bull run is over There are striking parallels between the last Bitcoin broke an all-time high in 2017 and what we have seen This correction is firmly in line with what we...

Is Bitcoin price manipulation by whales a real thing?

Jan 16 2021 Published at CryptoSlate under tags  analysis btcusd

The Bitcoin paradox presents something of a predicament. On the one hand, Bitcoin sells itself as a financial equalizer. But at the same time, it's one of the world's most unequally distributed assets. David Lin, of Kitco News, raised this point in discussion with the Director of Research at GraniteShares, Ryan Giannotto. Giannotto agreed with Lin's assessment, calling this one of the...

Kraken Daily Market Report for January 15 2021

Jan 16 2021 Published at Kraken Blog under tags  daily market reports | market reports

Overview Total spot trading volume at $2.02 billion, 40% higher than the 30-day average of $1.44 billion. Total futures notional at $615.1 million, near its 30-day average of $622.9 million. The top 5 traded coins were, respectively, Bitcoin, Ethereum, Tether, Polkadot, and Chainlink. Strong returns today from Curve Dao (+45%), Atom (+22%), Kava (+18%), KyberNetwork (+15%), and Chainlink (+15%)....

Chainlink (LINK) Registers New All-Time High Above $22 With High Whale Activity & Paxos Partnership

Jan 16 2021 Published at Coingape under tags  altcoin news linkbch linkbtc linkbusd linketh

While Bitcoin (BTC) and Ethereum (ETH) are showing some tumultuous volatility, it's time to look at some of the lesser-known altcoins. Oracle service provider Chainlink has shot 22% to hit a new all-time high above $22. At press time,...

On-chain data shows millionaires are flocking to Bitcoin…and there isn’t enough for all

Jan 16 2021 Published at CryptoSlate under tags  adoption btcusd investments

Demand for Bitcoin increased multifold in 2020. And on-chain data shows the asset’s limited supply may be causing a rush. The Bitcoin FOMO train Bitcoin, the world’s largest cryptocurrency, saw a push in demand last year amidst a bleak economic outlook, concerns of dollar inflation, weakened fiat currencies,...

Market Watch: Polkadot (DOT) Replaced Ripple on The Top 4, Chainlink (LINK) New All-Time High

Jan 16 2021 Published at CryptoPotato

Polkadot and Chainlink have stolen the crypto show with new all-time highs above $15 and $22.5, respectively. BTC dipped to $34.5K but quickly recovered.

Why Tether’s Reserves Probably Don’t Contain Bitcoin

Jan 16 2021 Published at Crypto Briefing under tags  bitcoin deltec markets nyag reserves

Tether has strongly implied that its USDT stablecoin is not backed by Bitcoin, following unclear statements from its banking partner Deltec. Deltec Invests In Bitcoin Hugo Rogers, Chief Investment Officer of Deltec Bank, recently announced that his firm invests some customer funds in...

Firo Activates Latest Privacy Upgrade “Lelantus”

Firo has activated a new privacy upgrade called Lelantus as of Jan. 14, 2021. The newly upgraded protocol enhances transaction privacy by removing Firo's previous limitations. Firo Boosts Privacy With Lelantus Firo was initially launched as...

3iQ’s Canadian Bitcoin Fund Hits C$1B in Market Cap

Jan 16 2021 Published at CoinDesk under tags  bitcoin funds canada coinflash news

The digital asset manager also reached C$1 billion in net asset value this week.

K-Pop Sensation Mamamoo to Mint Digital Collectibles on Polkadot

Jan 16 2021 Published at CoinDesk under tags  k-pop mamamoo markets nfts non-fungible tokens

The popular K-Pop girl band's parent company RBW is now selling its singers' digital products on the blockchain.

Jan 15 2021

The Good Ol’ Fake Crypto Giveaway Scam Still Generates Over $500K a Week, Report

Jan 15 2021 Published at CryptoPotato

Yes, you may have lost money with the Bitcoin crash. But at least you didn't give a fake Elon Musk half a million dollars in a crypto scam.

Cardano Wants to Help Twitter Decentralize Social Media

Jan 15 2021 Published at Crypto Briefing under tags  business

Charles Hoskinson, head of IOHK and Cardano, has expressed interest in helping Twitter build a decentralized social media standard. Twitter CEO Reaffirms Bluesky Standard Twitter is currently in the process of building Bluesky, a decentralized social media standard first announced in...

These cryptocurrencies are up over 10% today despite Ethereum’s sharp 8% drop

Jan 15 2021 Published at CryptoSlate under tags  altcoins atomusd dotusd sushiusd

Both Bitcoin and Ethereum have faced sharp declines over the past few hours despite the move to $40,000 on Thursday. BTC is down 10 percent in the past 24 hours while ETH has lost around eight percent over that same time frame. This drop comes amid two events: Developments indicate that Mt. Gox's liquidators are close to...

The Sudden, Unexpected End of Crypto Tribalism

Jan 15 2021 Published at Bitcoin Magazine under tags  community politics

"The lower the stakes, the more intense the dispute." Sayre's Law The Narcissism Of Small Differences Bitcoin and the crypto world have enjoyed a phenomenal decade. Despite the fact that Bitcoin is perhaps the most disruptive technology to the status quo...

Kraken to Halt XRP Trading for US Residents

Jan 15 2021 Published at CoinDesk under tags  kraken markets news policy & regulation ripple

Clients residing outside the U.S. will be unaffected.

Optimism ‘Soft Launches’ Ethereum Throughput Solution With DeFi’s Synthetix

Jan 15 2021 Published at CoinDesk under tags  defi ethereum optimism rollups synthetix

A potential fix for Ethereum's costly congestion problems.

Kraken to Halt XRP Trading for U.S. Residents

Jan 15 2021 Published at Kraken Blog under tags  featured | kraken news legal products xrp

Given the recent SEC filing against Ripple Labs Inc., we are halting XRP trading for U.S. residents no later than January 29, 2021 at 5pm PT (January 30, 2021 at 1:00 UTC). We may begin implementing this process at any time on January 29, 2021,… The post Kraken to Halt XRP Trading for U.S. Residents appeared first on...

Crypto Exchange Kraken Suspends XRP Trading for US Clients

Kraken said the trading suspension will not affect customers’ access to deposit, hold, and withdraw XRP

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