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China’s State Media Promotes Bitcoin Miners Going Green in Country & Points to Wasted Energy

Ahead of the politically sensitive 100th anniversary of the ruling Communist Party on July 1, the country is also trying to cool down speculation in other asset classes just like crypto. The post China’s State Media Promotes Bitcoin Miners Going Green in Country & Points to Wasted Energy first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-17 18:13


DeFi Protocol Curve Proposes Enforcing IP Rights against Infringers Including Saddle Finance

DEX Curve, ranking second with about $10.6 billion in TVL, wants to “set an important precedent in DAO’s and DeFi that decentralization does not mean that VC’s get to steal from communities.” The post DeFi Protocol Curve Proposes Enforcing IP Rights against Infringers Including Saddle Finance first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-17 17:52


US Lawmakers To Form Committee To Address Regulatory Concerns Around Crypto

Lawmakers in the United States are looking into developing regulatory frameworks for cryptocurrencies like Bitcoin and Ethereum. The US Rep and chairwoman of the House Financial Services, Maxine Waters, revealed her intentions to create a working group with Democratic House members to tackle growing concerns on cryptocurrencies Waters Pushes for More Crypto Oversight Waters made […] The post US Lawmakers To Form Committee To Address Regulatory Concerns Around Crypto first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-17 19:46


NYDIG, FS Investments Collaborate With Morgan Stanley To Create New Bitcoin Investment Fund

Financial services firm New York Digital Investment Group (NYDIG) and asset manager FS Investments would establish a Bitcoin investment fund aimed at US megabank Morgan Stanley clients. NYDIG, FS Investments File Paperwork With SEC NYDIG and FS Investments have already filed the necessary paperwork with the US Securities and Exchange Commission (SEC) for an investment […] The post NYDIG, FS Investments Collaborate With Morgan Stanley To Create New Bitcoin Investment Fund first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-16 19:03


It’s Possible the US Gets Crypto, the “Next Internet Sized Opportunity,” Wrong says Coinbase Co-Founder

Fred Ehrsam, the co-founder of Paradigm, says China is already taking a stand on crypto, and it could beat the US in crypto that too “on multiple fronts.” The post It’s Possible the US Gets Crypto, the “Next Internet Sized Opportunity,” Wrong says Coinbase Co-Founder first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-16 16:47


DeFi Dashboard Zapper Finds and Exploits A Vulnerability in Old ‘Polygon Bridge’ Smart Contract

Sidechain project Polygon is currently enjoying a record $11.6 billion of total value locked (TVL) in it, up from $1.16 billion just two months back, as it continues to gain adoption. The post DeFi Dashboard Zapper Finds and Exploits A Vulnerability in Old ‘Polygon Bridge’ Smart Contract first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-16 17:46


Bitcoin Surges Above $41k — MacroStrategy, PTJ, FOMC Meeting, BCIE ‘Adopting BTC for Legal Use’

Today, the price of Bitcoin surged to hit $41,076 on Coinbase, last seen on May 21st. While up more than 32% from last week’s low of $31,000, it’s hard to know if the cryptocurrency will be able to continue its way up towards the all-time high of $65,000 or people will use this bounce to […] The post Bitcoin Surges Above k — MacroStrategy, PTJ, FOMC Meeting, BCIE ‘Adopting BTC for Legal Use’ first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-14 20:48


The Head of Italy’s Stock Market Watchdog Concerned About ‘Savings,’ Calls for ‘Proper Oversight’ of Crypto

Italy's Companies and Exchange Commission President Paolo Savona is urging the government for clear regulation as the lack of it can damage the way the market operates, he said. Like other officials, Savona is also calling for more regulation, arguing cryptocurrencies could facilitate illegal activity such as tax evasion, money laundering, and the financing of […] The post The Head of Italy’s Stock Market Watchdog Concerned About ‘Savings,’ Calls for ‘Proper Oversight’ of Crypto first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-14 17:39


Financial Institutions ‘Should be Concerned’ of Competition from Crypto/DeFi Businesses: Mark Cuban

Billionaire Mark Cuban is talking about yield farming now, which is a core feature of most decentralized finance (DeFi) projects. He explains how instead of starting a business and then hoping to make enough revenue like in the traditional world, in the crypto/DeFi space, they sell tokens to raise capital, reward Liquidity Providers and validators, […] The post Financial Institutions ‘Should be Concerned’ of Competition from Crypto/DeFi Businesses: Mark Cuban first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-14 16:08


More Than a Third of Millennial Millionaires Have at least 50% of their Wealth in Crypto: Survey

Meanwhile, none of the baby boomer millionaires has more than 10% of their wealth in crypto, with 83% of American millionaires having none of their wealth in crypto. The post More Than a Third of Millennial Millionaires Have at least 50% of their Wealth in Crypto: Survey first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-13 16:10


The May Crypto Sell-off Predominantly Occurred in the US Session

Bitcoin continues to chop. Currently, in a ‘crab’ pattern, the price of Bitcoin is constantly going up and down by a few thousand dollars but remains range-bound within $30k-$40k. Having a drawdown of 50% after rallying 1,610% from March low to mid-April all-time high, the sideways trading is expected to continue for months and trend […] The post The May Crypto Sell-off Predominantly Occurred in the US Session first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-13 15:38


Bitcoin Futures Backwardation: Reflection of “Weak Demand” or A Sign of “A Giga Bottom”

The price of Bitcoin has been bouncing this week, going from $31,000 on Tuesday to above $38,400 on Thursday. As of writing, BTC/USD is trading around $37,400. However, despite the jump, the price continues to be in the $30k-$40k range, and until either of the ends are breached, it is hard to pinpoint the direction […] The post Bitcoin Futures Backwardation: Reflection of “Weak Demand” or A Sign of “A Giga Bottom” first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-11 16:25


Mythical Games Raises $75 Million Funding To Boost NFT-Based Gaming

The non-fungible token (NFT) market is no raging as much as it used to at the start of the year as demand from retail investors dropped sharply in Q2 2021. Despite the downturn, investments in NFT are still well alive as venture firms believe the NFT market will return to its glory days in the […] The post Mythical Games Raises Million Funding To Boost NFT-Based Gaming first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-11 21:15


Sovryn Team Puts SOV on Uniswap, Project Crosses $50Mln Mark in TVL

Sovryn, a project aiming to bring decentralized finance (DeFi) to Bitcoin, has surpassed $50 million in total value locked (TVL). According to data tracking site DeFi Llama, the non-custodial, smart contract-based system for bitcoin lending, borrowing, and margin trading has seen an uptick in its TVL from just under $45 mln at the end of […] The post Sovryn Team Puts SOV on Uniswap, Project Crosses Mln Mark in TVL first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-11 20:49


Kraken to Shut Down Margin Trading for US Users in Less than Two Weeks Due to ‘Regulatory Guidance’

“Kraken believes in common-sense regulations that protect market participants but “do not restrict their freedom to purchase, sell, hold and use cryptocurrency,” said the exchange. The post Kraken to Shut Down Margin Trading for US Users in Less than Two Weeks Due to ‘Regulatory Guidance’ first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-10 16:34


Cryptocurrencies Are Not A “Good Investment,” says US Senator Elizabeth Warren

"Cryptocurrency has created opportunities to scam investors, assist criminals, and worsen the climate crisis," is what else she thinks of crypto as she called for regulating the sector. The post Cryptocurrencies Are Not A “Good Investment,” says US Senator Elizabeth Warren first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-10 15:53


Flare Network Raises $11 Million in Funding to Bring Smart Contracts to All Blockchains

Decentralized finance protocol Flare raised $11.3 million in another funding round supported by heavyweights in the crypto industry. Launched at the tail end of 2020, Flare, a Turing complete Federated Byzantine Agreement-based (FBA) network, announced Hong Kong-based firm Kenetic Capital led the round, including top venture capital firms such as Digital Currency Group (DCG) and […] The post Flare Network Raises Million in Funding to Bring Smart Contracts to All Blockchains first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-9 22:45


Goldman Sachs Joins Blockchain Infrastructure Company’s $28 Million Funding Round

Blockdaemon has been acquiring many institutional clients who are starting to allow their customers to buy Bitcoin and Ether before branching out to protocols that pay interest on tokens. The post Goldman Sachs Joins Blockchain Infrastructure Company’s Million Funding Round first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-9 21:15


US Senate Adds Distributed Ledger Technology to Its Endless Frontier Bill

The United States is planning to revive its research institutions to remain the go-to destination for cutting-edge technology. Senate Creates New Tech Directorate The US Senate has created a new technology directorate called the Directorate for Technology and Innovation under the canopy of the National Science Foundation through a majority bill supported by both factions […] The post US Senate Adds Distributed Ledger Technology to Its Endless Frontier Bill first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-9 18:23


BoE Seeks Same Regulatory Oversight For Stablecoin As Fiat In Latest Discussion Paper

Discourse surrounding crypto assets and digital currencies are heating up, and the latest to air its view is the UK's Bank of England. Digital Money Fostering ‘Pertinent Questions’ In a discussion paper published on June 7, the Bank of England (BoE) gave its two cents about what it termed new forms of digital money, covering […] The post BoE Seeks Same Regulatory Oversight For Stablecoin As Fiat In Latest Discussion Paper first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-7 21:15


South Korea’s FSC Looks to Rein In Cryptocurrency With Cross Trading Ban

Crypto regulation is gaining traction by the day, and the latest is in the Asian nation South Korea. ‘Bicycling’ Creates ‘Conflict Of Interest’ The top regulatory body of the South Korean financial market, the Financial Services Commission, is bringing to an end the practice of ‘bicycling' by crypto exchange operators, per reports from a local […] The post South Korea’s FSC Looks to Rein In Cryptocurrency With Cross Trading Ban first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-7 20:32


“I Would Leave Twitter or Square for Bitcoin,” says Jack Dorsey At the Bitcoin 2021 Conference

His life goal at the moment is to “remove” the corporate-ness of his companies and build a Bitcoin-inspired social media that will have “none of the restrictions” of Twitter. The post “I Would Leave Twitter or Square for Bitcoin,” says Jack Dorsey At the Bitcoin 2021 Conference first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-5 16:36


Twitter CEO Jack Dorsey Wants to Build An Open-Source Non-Custodial Bitcoin Hardware Wallet

The Bitcoin proponent is planning community collaboration on the app that “works without Square and maybe also without permission from Apple and Google.” The post Twitter CEO Jack Dorsey Wants to Build An Open-Source Non-Custodial Bitcoin Hardware Wallet first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-4 20:56


MAS Receives Over 300 Applications Including Alphabet, Alibaba, & Binance for Payments and Crypto Exchange Licenses

While calling Bitcoin a “speculative asset,” which is very complex, the top central bank official Sopnendu Mohanty said, if people want to go out and buy such risky assets, “it is their choice.” The post MAS Receives Over 300 Applications Including Alphabet, Alibaba, & Binance for Payments and Crypto Exchange Licenses first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-4 20:34


Kraken CEO Stands by His $200k Bitcoin Year-End Target; Clear Regulation Will ‘Open the Floodgates’

“The excitement around the space” is still hot; people just don’t have the vision of what's coming with crypto or Bitcoin, like with the internet, said Jesse Powell. The post Kraken CEO Stands by His 0k Bitcoin Year-End Target; Clear Regulation Will ‘Open the Floodgates’ first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-4 18:39


Bitwise Replaces ATOM with MATIC in Crypto Index; Okcoin Integrates Polygon for Cheaper & Faster DeFi Entry

The Ethereum scaling solution is enjoying elevated levels of total value locked (TVL) despite the recent deep rut in the market, the same as its price. The post Bitwise Replaces ATOM with MATIC in Crypto Index; Okcoin Integrates Polygon for Cheaper & Faster DeFi Entry first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-4 17:08


Crypto Market Hedging; Momentum ‘Continuing’ as Digital Currencies Seen as the ‘Future’ of Financial Systems

Everyone wants digital currencies as countries look to eliminate the dollar, but retail demand for long positions declines, with institutions on the sideline after the recent deep rut. The post Crypto Market Hedging; Momentum ‘Continuing’ as Digital Currencies Seen as the ‘Future’ of Financial Systems first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-4 16:47


JPMorgan Posts Crypto-Related Job Openings Signaling Crypto Ambitions

US bank JPMorgan Chase & Co. seems to be making new plans to enter the cryptocurrency scene. The bank’s recent job openings have led to reports of its growing cryptocurrency ambitions. JPMorgan’s Blockchain Jobs Openings for positions like “Cryptocurrency Risk Manager Vice President and Merchant Services-VP, Payments Partnerships (New Payment Methods)” can be seen on […] The post JPMorgan Posts Crypto-Related Job Openings Signaling Crypto Ambitions first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-3 20:42


ECB Warns of Stability Risks of Not Issuing A CBDC, It Matters for ‘International Currency Status’

“Issuing a CBDC would help to maintain the autonomy of domestic payment systems and the international use of a currency in a digital world,” says ECB’s report. The post ECB Warns of Stability Risks of Not Issuing A CBDC, It Matters for ‘International Currency Status’ first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-3 19:24


SEC Extends Approval Window On WisdomTree’s Bitcoin ETF Decision

Institutional investors have been on the long path of listing a crypto ETF in the US, and by the looks of it, the wait may be much longer. SEC Delays ETF Decision Again The U.S Securities and Exchange Commission (SEC) has announced that it would be extending its decision on WisdomTree’s proposed Bitcoin exchange-traded fund […] The post SEC Extends Approval Window On WisdomTree’s Bitcoin ETF Decision first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-3 18:20


Standard Chartered Targeting Institutional Clients in Britain & Europe for its Crypto Exchange

Head of the bank's technology arm has a “strong conviction that digital assets are here to stay and will be adopted by the institutional market as a highly relevant asset class.” The post Standard Chartered Targeting Institutional Clients in Britain & Europe for its Crypto Exchange first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-3 17:57


Ripple Requests Assistance From Offshore Bitcoin Exchanges In Its Ongoing Lawsuit

A new twist to the Ripple vs. SEC case has come to the fore. SEC’s New Filing Fatal To Its Claims In response to the Securities and Exchange Commission (SEC)’s lawsuit against blockchain firm Ripple Labs, co-defendants Brad Garlinghouse and Chairman Chris Larsen have requested that the regulatory agency carry out investigations on crypto exchanges […] The post Ripple Requests Assistance From Offshore Bitcoin Exchanges In Its Ongoing Lawsuit first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-3 17:37


Fanatics-Backed NFT Platform, Candy Digital, Strikes A Deal With The MLB for Non-Fungible Token Trading

Non-fungible tokens (NFTs) are gaining more mainstream adoption by the day, and the latest is Candy Digital. Candy Digital Launches With Lou Gehrig’s Speech In the latest round of investment in the burgeoning NFT sub-sector, popular sports merchandise company Fanatics is partnering with Mike Novogratz’s Galaxy Digital and Gary Vaynerchuk of VaynerX in creating an […] The post Fanatics-Backed NFT Platform, Candy Digital, Strikes A Deal With The MLB for Non-Fungible Token Trading first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-3 23:49


Russia’s Central Bank Chief Says CBDCs Are Necessary For Financial Systems

Russia’s Central Bank Chief Elvira Nabiullina said her country's decision to create a central bank digital currencies (CBDC) is due to its perceived benefits. Digital Ruble Prototype Would Be Launched This Year Speaking in a CNBC interview, the apex bank governor said Russia aims to roll out its Digital Ruble prototype by the end of […] The post Russia’s Central Bank Chief Says CBDCs Are Necessary For Financial Systems first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-3 20:36


Kraken Seeks Wider Crypto Adoption With Mobile Trading App Launch In US; Available on Apple & Android

Major US crypto exchange Kraken seeks to expand crypto adoption in the American nation with its mobile crypto trading platform. Invest As Little As $10 According to a company announcement, US crypto enthusiasts will now be able to invest across 50 top cryptocurrencies like Bitcoin and Ethereum with as little as $10 right from their […] The post Kraken Seeks Wider Crypto Adoption With Mobile Trading App Launch In US; Available on Apple & Android first appeared on BitcoinExchangeGuide. äàëüøå »

2021-6-3 19:34