Category: Crypto News

BitMEX operator joins digital finance standards and advocacy organization

BitMEX operator joins digital finance standards and advocacy organization

100x Group, BitMEX’s parent company and the holding structure for its platform, has joined Global Digital Finance, or GDF, a major industry association advocating for the adoption of digital assets. As a GDF patron board member, 100x will advocate for a more inclusive and better regulated digital financial system, BitMEX announced on Jan. 21. The […]

Craig Wright ultimatum: Take ‘my’ Bitcoin whitepaper down or face lawsuit

Craig Wright ultimatum: Take ‘my’ Bitcoin whitepaper down or face lawsuit

Craig Wright, the Australian computer scientist who claims to be Bitcoin inventor Satoshi Nakamoto, has threatened legal action against the owners of two Bitcoin (BTC) websites whom he accused of stealing his whitepaper and other intellectual property. As announced on Jan. 21, Bitcoin.org along with another website, Bitcoincore.org, had received allegations of copyright infringement from Craig Wright’s lawyers. […]

Chinese cities continue to promote digital yuan through festive lotteries

Chinese cities continue to promote digital yuan through festive lotteries

Residents of the Longhua District in the Chinese city of Shenzhen will have a chance to participate in a forthcoming lottery event that aims to encourage the adoption of the country’s new central bank digital currency — known alternatively as the DC/EP, digital renminbi, or digital yuan.  Announced on Jan. 20, the lottery is scheduled […]

Guggenheim CIO expects Bitcoin to drop to $20,000

Guggenheim CIO expects Bitcoin to drop to $20,000

A senior executive at financial services firm Guggenheim Partners — which is planning to seek investment exposure to Bitcoin (BTC) — has argued that BTC is poised to drop to $20,000. Scott Minerd, Guggenheim’s chief investment officer, believes that Bitcoin will not hit another all-time high in 2021, according to a Jan. 21 episode of […]

More institutions will warm up to crypto once market cap hits $2T: eToro

More institutions will warm up to crypto once market cap hits $2T: eToro

A new report from advisory firm Aite Group, that was commissioned by exchange platform eToro, reveals there are still barriers hindering institutional adoption of crypto. Based on interviews with 25 institutional market participants, the report states the crypto market could reach a $2 trillion market capitalization if more institutional players were to get on board […]

Why did Bitcoin fall below $33K? Coinbase whales might have the answer

Why did Bitcoin fall below $33K? Coinbase whales might have the answer

Bitcoin (BTC) slid under $33,000 for the first time in over a week on Jan. 21 as selling pressure gathered to drive price action lower. Coinbase Premium abruptly drops Data from Cointelegraph Markets and TradingView showed BTC/USD continuing its downtrend on Thursday, dropping 7.% on the day and failing to bounce off $33,000 support. BTC/USD 1-hour […]

Russian court order removes Binance website from regulator’s blacklist

Russian court order removes Binance website from regulator’s blacklist

The website of the world’s largest cryptocurrency exchange, Binance, is no longer formally blacklisted in Russia, according to a new court ruling. According to a Jan. 21 report by Russian news agency Kommersant, the Arkhangelsk Regional Court has annulled a previous decision to blacklist the Binance website in Russia. Gleb Kostarev, Binance’s head of operations […]

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