Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Crypto financial services firm Bitcoin Suisse AG expects revenues for the full-year 2020 to be in excess of CHF 45m (USD 48.4m) and net profit in excess of CHF 15m (USD…
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Bitcoin price tested the key USD 60,000 resistance zone before correcting lower. BTC broke the USD 58,000 support level and it even spiked below USD 57,000. It is currently (05:30 UTC) consolidating well above USD 57,000 and it could attempt a fresh increase towards USD 60,000. Similarly, most major altcoins are trading above important supports.…
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US-based major investment bank Morgan Stanley is in negotiations to buy a stake in South Korean leading crypto exchange Bithumb, per local media reports. It was reported by Asiae and Naver, citing an undisclosed source within Bithumb. Accounting firm Samjong KPMG, an M&A advisor for Bithumb, confirmed last September to Cryptonews.com that the exchange is…
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Recently-launched payments app Bottlepay has revealed its new feature that enables users to send and receive bitcoin (BTC) via Twitter. Per the company, in the coming months, users should also be able to spend and transfer money via Reddit, Discord, Instagram, Twitch, Telegram, and Mastodon. According to Bottlepay, a user needs only to tweet for…
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The oldest bank in the US, New York Mellon Corp., joined other investors and made a strategic investment in digital asset storage, transfer, and issuing platform Fireblocks. Today, Fireblocks said they raised USD 133 in Series C funding led by Coatue, Ribbit, and Stripes with strategic investment from BNY Mellon and SVB. "Developing products to…
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Bitcoin price started a steady increase after it cleared the USD 57,000 resistance. BTC broke the USD 58,000 resistance to move into a bullish zone. It is currently (05:30 UTC) trading around USD 59,000 and it might soon retest USD 60,000. Besides, most major altcoins are showing bullish signs. ETH is back above USD 1,800…
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South Korea’s National Tax Service (NTS) is on the warpath – and has crypto firmly in its sights. Fresh from swooping on over 2,400 individuals it said have sought to conceal their earnings by buying cryptoassets like bitcoin (BTC) and ethereum (ETH) – in some cases seizing crypto and freezing wallets – the NTS now…
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Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Crypto financial services firm Bitcoin Suisse AG might resubmit its banking license application after it was withdrawn due to a…
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Major US-headquartered investment bank Morgan Stanley aims to offer three bitcoin (BTC) funds to its rich clients as early as next month, while it stressed that it’s time for investors to get educated about this nascent asset class. The news about the funds that enable ownership of bitcoin were first reported by CNBC and Bloomberg…
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While multiple companies sharing how many millions of new crypto users they’ve got recently, one popular crypto analyst made an estimation, how many new bitcoin (BTC) traders crypto exchanges might be getting per day. Willy Woo shared that, based on the data provided by on-chain analysis firm Glassnode and the Cambridge Centre for Alternative Finance,…
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