SBI Holdings to Launch Japan’s First Crypto Fund; Including BTC, ETH, DOT, LINK, LTC, XRP & BCH

Japanese financial services company SBI Holdings has announced the launch of Japan's first cryptocurrency fund for retail investors that will invest in seven major crypto assets. These assets include the top two cryptos, Bitcoin (BTC) and Ether (ETH), which are trading under $47k and $4k respectively, along with Polkadot (DOT), Chainlink (LINK), XRP, Litecoin (LTC), […] The post SBI Holdings to Launch Japan’s First Crypto Fund; Including BTC, ETH, DOT, LINK, LTC, XRP & BCH first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-19 18:01

Federal Trade Commission (FTC) Opens An In-Depth Probe Into Meta’s (Facebook) Acquisition of VR App Developer

The Federal Trade Commission (FTC) of the US has started an in-depth probe into Meta Platform’s (previously Facebook) $400 million acquisition of Supernatural, a virtual reality (VR) fitness app. Now, the deal won’t be finalized for another year following FTC’s probe that started shortly after Thanksgiving Day last month, news portal The Information reported on […] The post Federal Trade Commission (FTC) Opens An In-Depth Probe Into Meta’s (Facebook) Acquisition of VR App Developer first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-18 19:11

Fed Chair Says, Crypto Is Not A Financial-Stability Concern But An Issue For Those Who Don’t Understand It

On Wednesday, the Federal Reserve announced that it was doubling the pace of its bond-buying tapering and forecasted three rate hikes in 2022. Following the end of the central bank's two-day policy meeting, in a news conference, Fed Chair Jerome Powell also commented on cryptocurrencies, saying he doesn’t view them as a “financial stability concern. äàëüøå »

2021-12-16 18:33

Senate Banking Committee Split on How to Regulate Stablecoins

During the Senate Banking Committee hearing on stablecoins, a call for regulating the fiat-backed stablecoins was made, but what they will look like is to be seen. “Let’s be clear about one thing: if you put your money in stablecoins, there’s no guarantee you’re going to get it back,” Senate Banking Committee Chairman Sherrod Brown […] The post Senate Banking Committee Split on How to Regulate Stablecoins first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-15 17:02

Accelerated Tapering Priced In, But What Does it Mean for Bitcoin Going Forward?

Bitcoin continues to trade around $48k and Ether under $4k as the market eagerly awaits the Federal Reserve’s meeting to wrap up on Wednesday. The market is preparing for a hawkish central bank, expecting it to accelerate its tapering of asset purchases, a reduction in stimulus, that would allow the officials to begin lifting rates […] The post Accelerated Tapering Priced In, But What Does it Mean for Bitcoin Going Forward? first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-15 16:19

BoE Wants to Bring Stablecoins Into Bank’s Regulatory Remit, Urges Institutions To Take A “Cautious Approach” To Crypto Adoption

Crypto has “all the makings of something that could become” a financial stability risk, says Bank of England Governor Andrew Bailey. The post BoE Wants to Bring Stablecoins Into Bank’s Regulatory Remit, Urges Institutions To Take A “Cautious Approach” To Crypto Adoption first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-15 22:24

Nike Expands into Metaverse with the Acquisition of Virtual Sneaker Company

Sportswear giant Nike is the latest one to join the metaverse as it announced the acquisition of virtual sneaker company RTFKT for an undisclosed sum. This is the latest move by Nike to expand its footprint in the metaverse; after last month, it revealed its digital space called “NIKELAND” on video game platform Roblox Corp, […] The post Nike Expands into Metaverse with the Acquisition of Virtual Sneaker Company first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-15 21:41

Long Bitcoin Is 2nd Most Crowded Trade, Fund Managers’ Cash Exposure Reaches Highest Since May 2020: Bank of America Survey

Managers are piling into cash ahead of central bank policy meetings. While equity positions are slashed to their lowest since October 2020, they are still above the historical average. The post Long Bitcoin Is 2nd Most Crowded Trade, Fund Managers’ Cash Exposure Reaches Highest Since May 2020: Bank of America Survey first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-15 19:38

DOGE Sucking Liquidity from Crypto Market Again, Tesla to Accept Dogecoin Again For Merch

The price of DOGE spiked more than 34% in a matter of two hours, going as high as $0.212, thanks to Elon Musk. The meme coin has been struggling even more than the rest of the crypto market, being down about 79% from its all-time high in May, as per CoinGecko, only to see some […] The post DOGE Sucking Liquidity from Crypto Market Again, Tesla to Accept Dogecoin Again For Merch first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-14 18:27

Keanu Reeves “HODL”, Swiss Federal Councilor’s Data Leaked in Ledger Hack, Crypto Protocols Continue Be Exploited

Last week, cross-chain NFT marketplace Vulcan Forged lost $100 million in an attack, EOS-based Pizza reached a settlement with the hacker, and AscendEX promised to reimburse 100%. The post Keanu Reeves “HODL”, Swiss Federal Councilor’s Data Leaked in Ledger Hack, Crypto Protocols Continue Be Exploited first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-14 18:05

Big Week Ahead In Crypto with Central Banks Meeting, What’s Happening in the Bitcoin Market?

Bitcoin price spiked on Sunday to reclaim $50,000 only to be back under this level before the end of the day. On Monday, as of writing, BTC/USD is trading just above $48k. The cryptocurrency is still up more than 81% from its year low of about $27,700 in early January but down about 30% from […] The post Big Week Ahead In Crypto with Central Banks Meeting, What’s Happening in the Bitcoin Market? first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-13 16:24

South Korea Prohibiting Withdrawals from Exchanges to Non-KYC Wallets Starting March 2022

The South Korean government is prohibiting withdrawals from local cryptocurrency exchanges to non-KYC wallets such as MetaMask, starting next year, as per the local report. Regulators in the country are imposing the travel rule when transferring assets from one venue to another, requiring information of sender and recipient to be recorded in order to prevent […] The post South Korea Prohibiting Withdrawals from Exchanges to Non-KYC Wallets Starting March 2022 first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-11 18:12

No High DeFi Yield for US Customers, Coinbase Allows Global Users to Earn Interest on DAI via Compound

Cryptocurrency exchange Coinbase has launched a high DeFi yield product for its global users, except in the US. “We are making DeFi more accessible, enabling eligible customers in more than 70 countries to access the attractive yields of DeFi lending on their DAI with no fees, lockups, or set-up hassle,” Coinbase said in a prepared […] The post No High DeFi Yield for US Customers, Coinbase Allows Global Users to Earn Interest on DAI via Compound first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-11 00:00

Innovation Stocks “Nowhere Near A Bubble,” And Ether “Even More Undervalued Than Bitcoin,” Says Cathie Wood

“Here we are, ready for primetime, and we got all this fear and uncertainty and doubt. As a portfolio manager, I actually love that backdrop," said Ark Invest, CEO. The post Innovation Stocks “Nowhere Near A Bubble,” And Ether “Even More Undervalued Than Bitcoin,” Says Cathie Wood first appeared on BitcoinExchangeGuide. äàëüøå »

2021-12-10 16:29