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Analyst says DeFi and stablecoins held up well as crypto markets imploded
27.5.2021
DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption
Altcoins soar while Bitcoin and Ethereum price stall near key levels
26.5.2021
Altcoins moved higher while a lack of buy volume prevented Bitcoin and Ethereum price from breaking out after the completion of a bullish inverse head and shoulders pattern
Coinbase leads $6M funding for Indonesian crypto exchange
26.5.2021
Pintu is a new cryptocurrency exchange in Indonesia, licensed as a crypto broker under Bappebti and the Ministry of Communication and Informatics
UK Bans ‘Time to Buy’ Bitcoin Ads on Buses and Underground for Being Misleading
26.5.2021
The British Advertising Standards Authority (ASA) has banned a bitcoin ad campaign put up across the London Underground network and on London buses by cryptocurrency exchange Luno. The UK advertising regulator says the ads are misleading and irresponsible. ‘Time to Buy Bitcoin’...
Amid rising stablecoin inflow, cautious traders fear a dead cat bounce
26.5.2021
Strong hands accumulated Bitcoin throughout last week’s historic correction but BTC’s inability to reclaim the $40,000 level has some traders afraid of a dead cat bounce
Korea’s crypto market is among the strongest — and the strangest — in the world
25.5.2021
Between strict capital controls and regulations, Korea’s cryptocurrency industry is so closed off that Bitcoin commands a steep premium and DeFi is in its infancy
Coinbase recruits former White House adviser to new policy role
24.5.2021
With expansion comes a greater focus on policy and regulatory issues. Coinbase’s hire comes with decades of experience in the public and private sectors
Daily Cryptocurrency Exchange Trade Volume Taps All-Time High, Stablecoin Swaps Dominate
24.5.2021
According to this week’s data, cryptocurrency trade volume touched an all-time high on May 20, reaching $1.76 trillion in reported 24-hour volume. Daily trade volume statistics for Monday have been high, as reported volume from crypto market aggregators shows over $300 billion in 24-hour...
New OCC head requests review of cryptocurrency rules
19.5.2021
The new head of the OCC thinks that the authority’s crypto rulemaking under Brian Brooks was not done in full coordination with all stakeholders
African Founded Crypto Exchange, Quidax Partners With Popular Defi Platform, JulSwap
18.5.2021
PRESS RELEASE. Cryptocurrency exchange Quidax officially announced a partnership with JulSwap. JulSwap is one of the biggest decentralized exchanges (DEX) on the Binance Smart Chain Ecosystem. Quidax also announced that it will be launching its ecosystem token, QDX, on JulSwap’s launchpad...
Coinbase to raise $1.25B via debt securities for institutional investors
18.5.2021
With shares in the Nasdaq-listed cryptocurrency exchange continuing to underperform, Coinbase is seeking a $1.25 billion cash injection from institutional investors
Coinbase (COIN) falls below $250, blockchain stocks sell off as Bitcoin dip continues
17.5.2021
COIN, MARA, RIOT and other blockchain-related stocks continue to slide as Bitcoin struggles to hold above $43,000
Argentina’s tax body reportedly asks crypto firms to report all activity
14.5.2021
Argentina’s tax authority AFIP reportedly ordered domestic crypto exchanges and payment firms to provide monthly reports of all kinds of operations
Singapore’s biggest bank launches crypto trust solution
14.5.2021
After posting tenfold crypto volume growth in Q1 2021, DBS Private Bank is expanding its crypto services with a new trust solution
Shanghai Man: Aping out of gorilla token, digital dollar Biden its time... and more
14.5.2021
An up and down week filled with high volumes for animal tokens and a flurry of digital yuan news, capped by a large fundraising round for Babel Finance
Bitcoin drops to $46K, altcoins sell-off as report claims Binance is under investigation
13.5.2021
News that Binance could be under investigation by the US Justice Department and IRS triggered a market-wide sell-off which saw Bitcoin price drop to $46,000
Tether discloses full reserve breakdown for the first time
13.5.2021
Cash, cash equivalents, other short-term deposits and commercial paper make up 75.85% of Tether’s proven reserves as of March 31
Binance is reportedly under investigation from IRS and Justice Department
13.5.2021
The price of Bitcoin and Ether both fell between 3-5% as the report spread across social media
Sotheby’s crypto-powered auction sells Banksy art for $13M
13.5.2021
Sotheby’s originally estimated Banksy’s “Love is in the Air” to sell for up to $5 million
Gemini's crypto custody tops $30B as analyst predicts Coinbase shares will fall to $100
13.5.2021
Gemini's crypto assets in custody have trebled this year which the exchange attributes to surging interest from institutions and asset managers