Jay Clayton. Source: Twitter, SEC Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Career news One River Asset Management, a USD 2.5bn firm whose crypto funds are backed by hedge fund titan Alan Howard, brought on former US Securities and Exchange…
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The new Ukrainian finance minister has spoken about the state’s plans to regulate the domestic crypto market, and claimed that although he has doubts about what is “backing” crypto, he feels it is “promising.” In an interview with 24 Novosty, the recently appointed minister, Serhiy Marchenko, stated that the nation’s Ministry of Digital Transformation Read…
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Source: Adobe/Сергей Шиманович Over the past several days, prominent analysts have argued that more early investors are choosing to hodl bitcoin (BTC) at the moment, and that BTC is a measure of wealth, and while some say that it is a hedge against inflation, others call that narrative a myth. According to Bitcoin analyst Willy…
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Bitcoin price tested the USD 57,000 resistance zone before correcting lower. BTC is currently (05:30 UTC) stable near USD 55,000, with a major support near USD 54,200. It could rise once again unless there is a daily close below USD 53,200. Similarly, most major altcoins might start a fresh increase. ETH is holding the key…
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Øystein Stray Spetalen. Source: A video screenshot, Youtube/ Manifest Tankesmie A little research with a healthy side helping of jealousy has convinced one of Norway’s richest people to bin his bitcoin (BTC) doubts and buy into the BTC trend. Øystein Stray Spetalen is a high-profile investor and holds board positions on pharmaceuticals, shipping, and sports-related…
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Source: Adobe/jon_chica “Crypto” fraudsters in South Korea are increasingly preying on citizens in their fifties and sixties, a new report has found, with crypto-flavored multi-level marketing (MLM) schemes now running wild. Per EDaily, the regulatory Financial Supervisory Service (FSS) says there was a rise of 41.6% in the number of instances of suspected crypto-themed fraud…
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South Korean analysts claim that Dunamu, the operator of the crypto exchange Upbit, could be heading for an initial public offering (IPO) – and, possibly inspired by Coinbase’s own IPO bid, may choose to launch on America’s Nasdaq exchange rather than a domestic alternative. Per a report from Chosun, it is now “known” in the…
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US_based major blockchain analysis company Chainalysis announced today that it has raised USD 100m, bringing its valuation to over USD 2bn. The company said that the Series D financing round was led by Paradigm, while previous investors Addition and Ribbit increased their investment in the company. Additionally, TIME Ventures, the investment fund for Marc Benioff,…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Taxes news The active management firm Ark Invest founder Cathie Wood said that bitcoin (BTC) investors in the US shouldn’t transact with the coin until the tax code is changed. During a Thursday…
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How has the Bitcoin bull run changed crypto media? New opportunities arise during each Bitcoin bull run. The current ebullience has been driven by an influx of institutional investors, along with major payment providers like PayPal and Mastercard. But why are they here to begin with? Much of the recent enthusiasm can be attributed to…
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