Will Grayscale venture into DeFi with new crypto trust filings

According to a new filing, Grayscale seems to have set the foundation for crypto trusts associated with the decentralized finance (DeFi) space. As of 27 January, the leading crypto asset manager filedThe post Will Grayscale venture into DeFi with new crypto trust filings appeared first on AMBCrypto.

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Bitcoin Inflows in Past 30 Days Exceed BTC’s Total Market Cap in 2017 and 2019, Says Report

The total amount of capital inflows into bitcoin during the 30 days to Jan. 25 are as high as the entire bitcoin market capitalization in September 2017 and early 2019, according to new data from Glassnode.

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Philippines: Central Bank Introduces New Crypto Regulations Aimed at Preventing Money Laundering

Philippines central bank, Bangko Sentral ng Pilipinas (BSP) has made key changes to its regulations guiding crypto assets. The changes according to the bank are aimed towards preventing the use of cryptocurrencies in money laundering schemes.

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Florida-based XRP investor sues Ripple and CEO Brad Garlinghouse

Ripple is now facing another new lawsuit filed by an XRP investor based out of Florida. According to a 25 January filing, the investor in question, Tyler Toomey accused Ripple Labs and CEO Brad GarlinThe post Florida-based XRP investor sues Ripple and CEO Brad Garlinghouse appeared first on AMBCrypto.

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Stablecoin Reserves on Exchanges Hit New All-Time High: Cryptoquant

According to Korean on-chain data vendor CryptoQuant, centralized exchanges see massive inflow of stablecoins amidst falling Bitcoin (BTC) and Ethereum (ETH)

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Bitcoin price seemingly hit bottom at $31,500

Bitcoin price hit a new all-time high at $41,999 according to CEX. IO data some two and a half weeks ago. Since then, however, the price has dropped by around $10,000, and while it has initially struggled to go back up, these efforts have, unfortunately, failed.

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Rothschild Investment Corporation increases stake in GBTC as institutional adoption grows

The institutional investment manager holds 30,454 shares of Grayscale’s GBTC, according to a new SEC filing. And no, the firm is not part of the Rothschild family dynasty.

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Ethereum Inches to New Peak Price as ETH Moves Off Exchanges

The 14% gain since yesterday’s open makes Ethereum one of the top performing digital assets at the moment. According to TradingView, ETH reached an all-time high of $1,480 after lifting off a few hours ago.

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SushiSwap BentoBox Addition Pushes SUSHI Token to New Heights

SUSHI briefly surged past the $9 mark to break the previous all-time high of $8. 84 according to CoinGecko. The hot price action comes as the SushiSwap team prepares to launch its next product offering, dubbed BentoBox.

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Network rivalry builds up as Ethereum users run to Tron for lower fee charges

Tether users on the Ethereum network have taken to their heels as Ethereum’s network fees hit rooftop levels yet again. According to new data, Tether-based transactions on the Tron network are starting to unseat that of Ethereum’s on a daily basis.

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The entrance of 141 new Bitcoin whales indicates an inevitable bullish uptrend

Bitcoin’s continuous decline over the past week may be signaling a forthcoming bear market, but new data suggests otherwise. According to metrics from Glassnode on-chain analytics, 141 new whales have flocked into the Bitcoin market in the last 21 days.

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Iranian hackers use cryptojacker to bypass sanctions, says report

Cybersecurity firm SophosLabs has traced MrbMiner, a new cryptojacking virus that primarily targets powerful database servers, back to a small software company in Iran, according to a report published yesterday.

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Some Russian officials are being forced to sell their crypto by April 2021

Some Russian public officials have to disclose their crypto holdings, while other officials are obliged to hold zero crypto by April 1, according to a new law.

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VanEck files for a 'Digital Asset ETF' with the SEC

According to a filing published today by the United States' Securities and Exchange Commission, New York-based investment management firm VanEck intends to launch a Digital Assets ETF, one that will tThe post VanEck files for a 'Digital Asset ETF' with the SEC appeared first on AMBCrypto.

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Ex-Ripple Advisor to Be Chosen as New OCC Head

President Biden is expected to nominate Michael Barr for the position of Comptroller of the Currency – the independent bureau within the Department of Treasury in the US Govt, which is tasked with ensuring a safe banking system in the nation, according to a report by the WSJ. Who Is Michael Barr? Barr was anRead More

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Sequoia Holdings Employees to Receive a Portion of Their Salaries in Bitcoin

Sequoia Holdings, a software company is now allowing its employees to receive a portion of their salaries in bitcoin and other crypto assets. Sequoia’s New Program Offers Crypto Options to Employees According to a press release on Thursday (Jan.

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Binance’s Has Been Blacklisted in Russia Since Sept; New Ruling Removes the Restriction

According to a popular news agency, Kommersant, on Jan. 21, Arkhangelsk Regional Court ordered that the Binance website be expunged from the list of blacklisted websites in the country. The head of Binance Russia, Gleb Kostarev, confirmed to Bitcoin Exchange Guide that the reports were indeed true explaining that the court session was held on […] The post Binance’s Has Been Blacklisted in Russia Since Sept; New Ruling Removes the Restriction first appeared on BitcoinExchangeGuide.

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Thailand’s Stock Exchange Excludes Cryptos from Upcoming Digital Asset Exchange Platform

Thailand’s stock exchange is preparing to launch a new trading platform that would not include cryptocurrencies. Crypto Exempted From SET’s Planned Trading Platform According to the Bangkok Post on Wednesday (Jan.

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Bitcoin Now the Most Crowded Trade – Labeled a ‘Bubble’ in Bank of America Survey

According to findings of a recent Bank of America (BOA) survey, buying bitcoin has now surpassed tech stocks as the most crowded trade. This new ranking means tech stocks have been relegated into second place for the first time since October 2019.

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Billions Moved Out of China in Bitcoin

Close to $20 billion has been moved out of China through bitcoin according to a new report by the China based blockchain analytics firm Peckshield. “In 2020, the total capital...

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Bitcoin Moved Billions Out of China

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It's "Pretty Obvious" That XRP Is a Security, Says Bitcoin Hater Peter Schiff

After XRP, Bitcoin is going to be the SEC's new target, according to Peter Schiff's unsubstantiated prediction

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Ether could be heading for $10.5K, says Fundstrat strategist

Ether’s ongoing proof-of-stake upgrade combined with its DeFi potential and new all-time high could trigger its price to rise above $10,000, according to one analyst.

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Bitcoin likely to halve than double in value, according to this Deutsche Bank survey

A new survey by Deutsche Bank recorded investors’ opinions on Bitcoin. Respondents were asked specifically about the digital asset as well as electric car company Tesla. More than half of people surThe post Bitcoin likely to halve than double in value, according to this Deutsche Bank survey appeared first on AMBCrypto.

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Ethereum: New ATH or not, this is what you should know

While at press time Ethereum's price was going parabolic, it would seem that Ethereum's daily transaction volume has been going parabolic too, according to Messari's Crypto charts. In fact, the world'The post Ethereum: New ATH or not, this is what you should know appeared first on AMBCrypto.

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Ethereum Transactions ‘Go Parabolic’ as Price Closes in on All-Time Highs

According to the latest data from Messari, Ethereum transactions have spiked in January to a record $12 billion. This figure is a rolling 30-day average which lifted off around New Year’s Day. Researcher Ryan Watkins described the trend as ‘going parabolic’ adding that Ethereum now settles $3 billion more than Bitcoin per day.

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Russian crypto exchange Livecoin to shut shop after December hack

Russia-based, hacked crypto exchange Livecoin has decided to close its operations and has asked all its customers to begin withdrawing their funds according to a new announcement. Through a new doThe post Russian crypto exchange Livecoin to shut shop after December hack appeared first on AMBCrypto.

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WAX announces a way for WAX holders to benefit from NFT sales

WAX (Worldwide Asset eXchange) has come up with a way to allow its token holders to benefit from the project’s major success. According to its recent announcement, it has a new tokenomics model that will let its users earn from WAX’s NFT sales.

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Swiss Stock Exchange, SIX, Adds A New Bitcoin ETP (BTCE) From Issuer ETC Group

SIX Swiss Exchange, one of the leading marketplaces for crypto products, has welcomed a new Bitcoin exchange-traded product (ETP) provider known as the ETC Group. According to the official announcement, ETC Group will join 5 other ETP providers, scaling the number of listed ETP's to 34.

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Actress Lindsay Lohan Makes Bullish Predictions for Bitcoin and Ether

Popular American actress Lindsay Lohan has joined the list of celebrities to talk about cryptocurrency, as the actress made bullish price predictions for Bitcoin and Ether in a promotional video. Bitcoin and Ether Getting to New ATH According to Forbes on Wednesday (Jan.

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Bitcoin Is New Prometheus, According to One of Biggest Hedge Funds

One of the largest hedge funds wants Bitcoin critics to drop tulip comparisons

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Amid price lows, Bitcoin correction seen as healthy and temporary

With Bitcoin trading under the $34,000 mark at press time, analysts at Fundstrat Global shed new light on the asset’s current price movement. According to David Grider at Fundstrat, BTC’s recent lThe post Amid price lows, Bitcoin correction seen as healthy and temporary appeared first on AMBCrypto.

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NYDIG Takes Over Digital Assets Data as Part of Global Expansion Push 

The New York Digital Investment Group (NYDIG), has announced the acquisition of Digital Assets Data, as part of larger plans to expand its platform, according to reports on January 11, 2021. NYDIG Acquires Digital Assets Data  While 2021 was a hugely successful year for the world’s flagship cryptocurrency and the blockchain technology ecosystem, as theRead More

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49% of Poll Respondents Have Over 80% Capital Invested In Cryptocurrencies

49. 8% which represents an average of 310 out of 624 people admit to having between 80% and 100% of their capital invested in cryptocurrencies, according to a new poll conducted by on-chain analysis platform, Santiment.

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A Wider Range Of Institutional Investors Now Taking An Interest In Cryptocurrency – Grayscale CEO

There has been an increased interest from institutional investors in cryptocurrencies. That’s according to the new CEO of Grayscale, Michael Sonnenshein. Michael is replacing Barry Silbert as CEO after serving as the fund’s Managing Director over the last 3 years.

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Biden to Freeze All ‘Midnight’ Rulemaking: What Does This Mean for the New FinCEN Rules?

The US president elect Joe Biden will allegedly issue a freeze of all ‘midnight’ regulations set in the final days of Trump’s presidency. According to the transition spokesperson Jen Psaki, Biden will issue a memo on the inauguration day halting or putting on hold all of the rulemaking falling under this category. The Vigilant President-ElectRead More

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Bitcoin's active addresses reach a new ATH

Bitcoin’s active addresses reached a new all-time high, according to data from on-chain analytics platform Glassnode. Source: Glassnode The previous cycle that saw a record number of active aThe post Bitcoin's active addresses reach a new ATH appeared first on AMBCrypto.

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BTSE Launches Wrapped Monero on the Ethereum Network

Crypto futures exchange BTSE has announced the launch of a Wrapped Monero token (WXMR) on its platform via a tweet on Jan 6. This new token is a first of its kind and is issued through the Ethereum blockchain, backed by the real Monero (XMR) token itself.

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Hackers Have Been Stealing Crypto From Wallets for Over a Year with a New Malware Dubbed ‘ElectroRAT’

A new malware, dubbed ElectroRAT has been discovered by cybersecurity researchers at Intezer Labs; the remote access Trojan (RAT) targets crypto wallet users and has been operational for the past year according to the report published on Jan 5.

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UK’s FCA New Law Prohibiting Sale of Crypto Derivatives to Retail Traders Takes Effect

In October 2020, the FCA introduced a new set of crypto laws to govern the sale of derivatives on these assets, – which have become effective as of January 6th, 2021. According to the law, cryptocurrency service providers are prohibited from selling, marketing, and distributing crypto-related investment products to retail customers given the risk these […] The post UK’s FCA New Law Prohibiting Sale of Crypto Derivatives to Retail Traders Takes Effect first appeared on BitcoinExchangeGuide.

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Bitcoin HODLer Loses 2.6BTC Due to a Costly Mistake

A bitcoin (BTC) holder has permanently lost his 2. 6 BTC (roughly $100k) due to a costly mistake made when trying to transfer his wallet from his old personal computer to a new one, according to a Reddit post on January 6, 2020.

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Kenya Expects to Earn $46 Million as New Tax Targeting Crypto Exchanges Comes Into Force

The Kenya Revenue Authority (KRA) is expecting to earn up to 5 billion Kenyan shillings ($45. 5 million) during the first half of 2020 from a new tax that targets cryptocurrency exchanges and other online services, according to a top KRA official.

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Active Bitcoin Addresses Print Fresh Record High

The number of hourly active Bitcoin addresses has reached a new peak, according to Glassnode data

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Bitcoin shatters $35,000, pundits predict $40,000 as next stop

Bitcoin has set a new record high! The most valued cryptocurrency broke $34,000 and surged through $35,800 before retracting to press time price of $34,741. Rest assured that the bulls are still largely in control, according to the trading charts.

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Bitcoin Ranks Ninth Largest Asset Globally, Closing in on Alibaba and Tesla

As Bitcoin continues to set new all-time high prices, it is continuing to ascend the ranks of the largest assets by market capitalization. According to AssetDash, Bitcoin overtook the Taiwan Semiconductor Company to be the ninth-largest asset in the world.

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Average ETH Gas Fee Reached new ATH Amid Trading Surge

With the price of ETH crossing the $1,000 mark for the first time since 2018, the average gas fee on the Ethereum network set a new all-time high (ATH) on Jan. 4. Ethereum Gas Fees Almost Touched $20 According to data from YCharts on Monday (Jan.

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Twitter CEO explains how the FinCEN’s AML laws could backfire

Recently, FinCEN proposed new regulations that would force crypto firms to collect information regarding the identities of non-customer counter parties. The new regulation, however, could severely backfire — at least according to Twitter CEO, Jack Dorsey.

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KIM Dotcom Adopts Bitcoin Cash for its Content Monetization Platform, K.IM

KIM Dotcom is integrating Bitcoin Cash (BCH) in its new content monetization service, K.IM. This will allow users of monetized content to pay for such content using BCH. The service will allow online content creators to create and package files for sale anywhere on the internet and buyers can pay using cryptocurrencies. According to Dotcom, […]

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Bancor’s (BNT) Trading Volumes Spike 470% after v2.1 Launch

Bancor, one of the world’s leading decentralized exchanges active in Ethereum and EOS, broke several records in December as per the latest monthly recap on Dec 31. TVL Rises 6.7X According to the summary, the network’s trading volumes and liquidity rose to new all-time levels, roughly two and a half months after the release ofRead More

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