Billionaire investor Howard Marks, co-founder of USD 139.6bn asset management firm Oaktree Capital Group, wrote an investor memo, shortly discussing bitcoin (BTC), but also delving into holding shares – providing points that could arguably be applied to hodling world’s number one crypto. In his recent memo, Marks discussed conversations and conclusions made with his son…
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Bitcoin Core Project announced that Bitcoin Core 0.21.0 has been released, bringing a variety of fixes and upgrades to the Bitcoin (BTC) protocol, including a step towards the much-anticipated Taproot upgrade, fee changes, a new type of testing ground, new type of wallet support, and more. The latest Bitcoin Core is now ready for download.…
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Bitcoin price followed a bullish path and cleared a couple of key hurdles near the USD 38,000 level. As a result, there was a strong push above USD 39,000 and the price even spiked above USD 40,000. It is currently (05:00 UTC) consolidating gains above the USD 38,000 support zone. Similarly, most major altcoins extended…
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The CEO of Bithumb Korea, the domestic wing of the South Korean market-leading crypto exchange Bithumb, has predicted that after soon-to-promulgate regulations kick in, there will only be between four and seven exchanges left standing. There are currently almost 50 crypto trading platforms in the nation. New rules governing the sector will become effective in…
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Brian P. Brooks. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Banking news The US Office of the Comptroller of the Currency (OCC) today released its finalized rule to "ensure fair access to banking services provided by large national banks, federal…
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British media outlets have once again become interested in the case of a Wales-based IT professional who said he threw out a hard drive containing around BTC 7,500 (USD 296m) and who wants to search a landfill for the device, pledging millions of dollars worth of reward to coronavirus charities if he finds it. Per…
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The most popular cryptocurrency, bitcoin (BTC), just got back to the USD 40,000 level after leaving it this past Sunday and crashing to almost USD 30,000 on Monday. BTC already hit USD 40,000 at exchanges such as Binance, OKEx, Coinbase Pro, and others. At 15:38 UTC, BTC traded at around USD 40,039 before correcting lower…
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Controversial proposals by the Financial Crimes Enforcement Network (FinCEN) have apparently been passed to the incoming administration of president-elect Joe Biden. “This was shortsighted” and “not in good faith,” Benjamin Weiss, Co-founder and Chief Operating Officer of a major Bitcoin ATM operator in the US, CoinFlip, commented on the proposals. FinCEN said Read more »Pay,…
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US-based major crypto investment company Grayscale said it once again "experienced unprecedented investor demand" in the last quarter of 2020. (Updated at 16:59 UTC: updates throughout the entire text). The company said it raised USD 3.3bn in 4Q20, bringing YE20 inflows to USD 5.7bn. In comparison, in 2019, the company raised USD 600m in total.…
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Traditional Chinese junkboat sailing across Victoria harbour, Hong Kong. The Very Smart Financial Group (VSFG) and its Arrano Capital blockchain arm have reportedly won regulatory approval to launch Hong Kong’s first Bitcoin exchange-traded fund (ETF). Per a report from JRJ, access to the offering will be restricted to professional investors. VSFG said it has won…
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