Source: Instagram, Coinbase As popular trading platform Robinhood run into troubles, retail investors who are looking for new ways to trade, seem to have set their eyes on the US-based crypto exchange Coinbase, while the company is preparing for a direct listing. There is now a reason to believe that we are seeing retail investors…
Read more
Bitcoin price started a fresh increase after it broke the USD 32,400 and USD 33,000 levels. BTC even broke the USD 33,500 resistance and spiked above USD 34,000. However, it failed to clear the key USD 34,500 resistance and it is currently (05:00 UTC) correcting gains. More importantly, DOGE outperformed many major altcoins with a…
Read more
Alfred Kelly. Source: a video screenshot, Youtube, Business Live ME The CEO of payments giant Visa has stated that the firm wants to “work with wallets and exchanges” on handling crypto, in order to make its own card solutions interoperable with digital tokens – and has called bitcoin (BTC) and other “cryptocurrencies” “digital gold.” The…
Read more
The South Korean banking giant Shinhan is looking to take its fast-expanding crypto operations global – after striking a deal with American major crypto custody player BitGo. Per EDaily, the deal pertains to crypto custody – a deal that also involves the South Korean crypto firm the Korea Digital Asset Trust (KDAC), which is backed by…
Read more
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 The US Office of the Comptroller of the Currency (OCC) said it has paused publication of its rule to ensure large banks provide all customers fair access to their services. "Pausing…
Read more
In the midst of a major battle between Wall Street professionals and retail traders from the r/WallStreetBets subreddit, investing app Robinhood has suspended Gamestop (GME) and some other stocks buying today, citing the concerns of “significant market volatility.” The action has prompted dissatisfaction amongst retail traders and crypto proponents. Nevertheless, you can Read more »Pay,…
Read more
Bitcoin price is stable above USD 30,500 and USD 31,000. BTC is currently (13:00 UTC) attempting an upside break above USD 31,800 and USD 32,000. A close above USD 32,000 could open the doors for a larger increase in the coming sessions. Besides, most major altcoins are showing signs of a fresh increase, including ethereum,…
Read more
Ray Dalio: A video screenshot, Youtube/Financial Observer After admitting that he might be wrong about bitcoin (BTC) and suggesting that BTC may be a good asset for one to diversify their investment portfolio, Ray Dalio, American billionaire investor and founder of major global investment firm Bridgewater Associates, just sent an even stronger signal that this…
Read more
The crypto community has reacted with incredulity after a senior Mexican economist and the boss of the Bank for International Settlements (BIS) appeared to dismiss the notion of decentralized digital currencies such as bitcoin (BTC). In a recent speech, Agustín Carstens, the General Manager of the BIS and the former Governor of the central Bank…
Read more
A South Korean MP has announced the creation of a draft private members’ bill that seeks to criminalize crypto market manipulation. Per News1, the measure is the brainchild of the opposition People Power Party MP Lee Ju-hwan, who has criticized architects of the existing legal framework for being overly focused on anti-money laundering protection in…
Read more
