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Cryptocurrency News

Location American Cryptocurrency News for 21 January 2021
The majority of the new deposits came from cryptocurrency exchange clients.
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World's Largest Asset Manager Blackrock to Invest in Bitcoin Futures Blackrock, the world’s largest asset manager with $7.81 trillion under management, is getting into bitcoin. The firm has filed with the U.S. Securities and Exchange Commission (SEC) for two of its funds to invest in bi...
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Reports Show Crypto Custodian Xapo Set to be a Digital Bank in Gibraltar According to a recent report, the cryptocurrency custodian Xapo is getting ready to become a “fully-fledged” bank in the British Overseas Territory of Gibraltar. The region located at the southern tip of the Iberian ...
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Multibillion Dollar Fund Manager Ruffer Sees Long Trend of Institutional Bitcoin Adoption British investment management firm Ruffer has revealed that its bitcoin holdings now account for about 3% of its entire portfolio of approximately $29 billion. The firm believes that we are “at the foothills of a long ...
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YfDFI Finance: Much Anticipated Farming Platform Released PRESS RELEASE. As of today, YfDFI Finance is launching not one, not two, not three but four farming pools, locking up a huge chunk of its circulating supply. The team could not have achieved this without the continuous s...
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Genesis Mining head forecasts importance of layer-two Bitcoin solutions He feels Bitcoin might need such solutions, even with the coin in a store of value role.
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Very low spot volume Thursday isn't helping bitcoin's price.
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"I think we need to look closely at how to encourage their use for legitimate activities while curtailing their use for malign and illegal activities," Janet Yellen wrote.
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The Bitcoin Double-Spend That Never Happened

Coin Desk - 21 Jan 2021 23:08
No coins were added to the bitcoin supply, as some headlines might lead you to believe.
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Brummer would bring an extensive understanding of the cryptocurrency space to the commodities regulator.
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Ignoring Bitcoin, Hedera Hashgraph, Reef and Perpetual Protocol rally higher Strong fundamentals are attracting traders to Hedera Hashgraph, Reef and Perpetual Protocol even as Bitcoin price hangs near a crucial support level.
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Enjin Coin Becomes the First Gaming Cryptocurrency Approved by Japanese Regulators Enjin coin became the first gaming cryptocurrency approved in Japan after clearing out the well-known tough country regulator’s requirements. The green light is possible through a partnership with Hashport. ENJ Is Set ...
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As BlackRock gets ready to make its first foray into bitcoin, innovation-focused ARK ETF flows surpass that of BlackRock.
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What Is the Bitcoin White Paper?

Coin Desk - 21 Jan 2021 21:22
A technical manifesto, the Bitcoin white paper was released in 2008 under an MIT public license for all to learn from, share and enjoy.
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Bitcoin's correlation with traditional markets could "erode" its "diversification value over time."
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Blockfi exec explains institutional outlook on altcoins

Coin Telegraph - 21 Jan 2021 20:30
Blockfi exec explains institutional outlook on altcoins He says that institutional players look for certain volume and market cap levels when considering altcoins.
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Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong -- Second Incident in 2021 Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) wort...
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3 ways the next altcoin bull cycle will vastly differ from 2017's Bitcoin is still the main focus of most investors but Layer 2 solutions, governance, and DeFi are shaping up to be the driving forces of the next altseason.
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Bitcoin whitepaper fight could end up in court as both parties escalate drama The dispute over the legal ownership of the Bitcoin whitepaper could make it all the way to the courts as one website owner refuses to back down from Craig Wright's legal threats.
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S&P sees "a lot of similarities" between bitcoin and gold, and says concerns about theft of cryptocurrency have diminished with greater mainstream acceptance.
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Uncertainty is leading many to take short-term profit, according to the "Coinbase Premium" indicator.
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As DeFi booms, Ethereum's blockchain competitors are catching up Decentralized finance participants eye a "multichain" future as Ethereum's DeFi-powering peers continue to attract users and projects.
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