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Cryptocurrency News

Location American Cryptocurrency News for 17 February 2021
Crypto criminals got away with $5B less in 2020 as scam revenue falls The proceeds of crypto crime fell by more than $5 billion in 2020, due to increasing regulatory compliance by crypto exchanges and declining scams.
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Survey finds 5% of corporate CFOs plan to buy Bitcoin in 2021 More than 70% of financial executives surveyed are closely watching what everyone else is doing with Bitcoin before they decide on investing their companies' cash reserves in it.
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Peter Schiff Admits Bitcoin Could Reach $100K After BTC Price Soars Past His Expectations Gold bug Peter Schiff has revised his bitcoin prediction after the price of the cryptocurrency exceeded his expectations, reaching an all-time high above the $50K level. He now says, “I must admit that a move up to $10...
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Banks increasingly interested in Bitcoin, says Elliptic co-founder Several financial institutions in the U.S. are "are seriously considering launching some type of cryptocurrency service," an Elliptic co-founder said.
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A senior Finance Ministry official told a newspaper that taxation does not necessarily imply legality.
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Polkadot indicator? Data shows Bitcoin has been following DOT price for months Data shows Polkadot's price action has been a bellwether for Bitcoin in the past few months.
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SBI's digital assets subsidiary will lead a round that will have raised around $30 million for the Swiss firm over six months.
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Bitcoin's legendary volatility is seen as a major concern barring corporate investments, according to Gartner.
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Bitcoin's price is in uncharted territory while its volatility remains high.
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xSigma Prepares to Launch Its Stablecoin DEX With Major Backers PRESS RELEASE. xSigma is a decentralized exchange and liquidity mining platform that supports stablecoin swaps. It enables dollar-pegged assets to be traded onchain with minimal slippage and lower fees than existing AMMs...
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NFTs Gaining Traction Around the World as Key Milestone Is Met A fragment of "EVERYDAYS: THE FIRST 5000 DAYS" by Beeple. Source: A screenshot, onlineonly.christies.com The year is still young, but it is already promising to be a bumper 365 days for the growing non-fungible token (NF...
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The new venture is expected to increase revenue and "optimize" its product offering structure.
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SecretSwap works similarly to Uniswap or SushiSwap but also has privacy benefits.
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The finalized code for Taproot will be shipped in March, but will it house the "user activated soft fork" feature that threatened to activate SegWit?
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Survey Finds Many Finance Managers Are Not Planning to Hold BTC-- Volatility Cited as Key Concern A new poll of finance managers by Gartner Finance finds that a majority are not planning to hold bitcoin as a corporate asset. In their responses, most of the 77 finance leaders interviewed cite bitcoin’s volatility as...
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BlackRock has started to 'dabble' in crypto, says CIO

Coin Telegraph - 17 Feb 2021 21:27
BlackRock has started to 'dabble' in crypto, says CIO "Holding some portion of what you hold in cash in things like crypto seems to make some sense to me," said Rick Rieder.
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Coinbase is emerging as a major player in corporate America's march toward bitcoin.
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Price analysis 2/17: BTC, ETH, DOT, ADA, XRP, BNB, LTC, BCH, LINK, XLM Bitcoin price has posted all-time high today and that may pull select altcoins higher.
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Tesla, Bitcoin and the crypto space: The show Musk go on? Experts answer Here's what crypto and blockchain industry experts think about Tesla's recent $1.5 billion investment into Bitcoin.
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Coinseed allegedly bilked investors of $1 million through false statements, hidden fees and a flopped token.
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How to Bring Off-Chain Assets to DeFi

Coin Desk - 17 Feb 2021 19:55
Institutions are interested in DeFi for off-chain assets, such as real estate. Here, from our columnist, are some issues they might consider.
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Blockchain Bites: Why Buy an NFT?

Coin Desk - 17 Feb 2021 19:54
Investors may be realizing the same deflationary market mechanisms that apply to bitcoin's scarcity creates similar opportunities in NFTs.
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