Brian Armstrong, CEO and Founder of Coinbase. Source: A screenshot, Coinbase Today, US-based major crypto exchange Coinbase filed to go public via USD 1b direct listing on the Nasdaq Global Select Market under the symbol COIN this year. In the filing with the US Securities and Exchange Commission, the company said it had 43m verified…
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The US-based videogame retailer GameStop (GME) saga that eventually spilled into the cryptoverse just was restarted. While things might’ve been relatively quiet on that front in the past few days, the company’s stocks have jumped more than a 100% yet again before dropping sharply. The price doubled yesterday and after surging higher today, corrected down,…
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Bitcoin price is still trading well below the key USD 52,000 resistance zone. BTC is currently (05:00 UTC) showing bearish signs below USD 50,500. If there is a close below USD 50,000, the price could decline towards the USD 48,000 support zone. Similarly, some major altcoins are showing signs of a fresh decline. ETH struggled…
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Charlie Munger. Source: A video screenshot, Youtube/Yahoo Finance Charlie Munger, the vice-chairman of Berkshire Hathaway, the chairman of the Daily Journal and the business partner of star investor Warren Buffett, has lashed out at crypto and amateur trading on platforms such as Robinhood. However, he might have helped the promoters of the "bitcoin is digital…
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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. Investing news Canada-based Evolve Funds Group said it has lowered the management fee on their Bitcoin ETF by 0.25 percentage point to 0.75% just days after it was launched. To compare, Purpose Bitcoin…
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The head of the Reserve Bank of India (RBI), the subcontinent’s central bank, has again indicated that the government might seek to enact a crypto crackdown – while attempting to gazump the crypto sector by releasing a digital rupee. In an interview with CNBC-TV18, RBI Governor Shaktikanta Das appeared to take the same kind of…
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2020 was a bumper year for Jack Dorsey’s Square and its crypto-embracing Cash App mobile payments app – but one that could soon be eclipsed, after the company revealed that “over three million customers” bought or sold bitcoin (BTC) on its platform in 2020, while January this year saw “more than 1 million customers” purchase…
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Major players of the traditional financial industry are looking for new ways how to keep their positions, threatened by the emerging cryptoasset and decentralized finance (DeFi) industries. The Bank for International Settlements’ Innovation Hub (BISIH) and the Society for Worldwide Interbank Financial Communication (SWIFT) have teamed up to host a hackathon to highlight Read more…
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There’s little reason to believe that Bitcoin (BTC) miners are responsible for downturns in BTC’s price, according to crypto intelligence firm Coin Metrics. Per Karim Helmy, Senior R&D Analyst ad the firm, this is due to the small scale of miner deposits in comparison to total exchange flows, and the lack of correlation between miner-exchange…
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Craig Wright. Source: a video screenshot, Youtube, Crypto Finder The outspoken Australian, Craig Wright, dubbed “Faketoshi” due to his unproven claims that he’s Satoshi Nakamoto, made another move that left the cryptoverse bewildered. UK-based litigation law firm Ontier said it begun legal proceedings against a number of unspecified Bitcoin (BTC), Bitcoin Cash (BCH), and even…
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