Bitcoin India

2021-01-31 10:06:51 Major Crypto Market Updates in the last 24 hrs

1. XRP Rebounds With 80% Surge As Ripple Defends Currency

XRP today jumped 80% after weeks of weak performance. The cryptocurrency has been trading just above $0.2 prior to the surge that coincided with Ripple’s defense against the SEC lawsuit referring to XRP as a security.

Read More: http://bit.ly/2Yyamf2

2. Uniswap (UNI) and Compound (COMP) hit new highs as DeFi TVL reaches $27.6B

The governance tokens for Uniswap and Compound reached new 2021 highs as altcoins and DeFi tokens pushed higher today.

Read More: http://bit.ly/3cnZSqY

3. Why Bitcoin Price Remains At Risk of A Drop To $31K After Elion’s Rally

Bitcoin price rallied towards the $38,000 resistance, but it failed to hold gains against the US Dollar. BTC started a fresh decline and it is now struggling to stay above $33,500.

Read More: http://bit.ly/3oDguxk

4. FTX Token (FTT) rallies 105% as interest in derivatives trading grows

FTX is a cryptocurrency derivatives exchange backed by Alameda Research, a quantitative trading firm and crypto liquidity provider.

Read More: http://bit.ly/2Yx4xyO

5. Ethereum Pushes Against Key Resistance as Chart Shows Signs of “Strong Bid”

Ethereum has been largely tracking Bitcoin’s price action as of late, but its swings have been far more tempered as it hovers within the $1,300 region. The cryptocurrency has been showing some signs of strength, with bulls ardently absorbing all the intense sell pressure it has faced in recent times.

Read More: http://bit.ly/3rjWnWX

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2021-01-30 11:18:55 Major Crypto Market Updates in the last 24 hrs

1. Visa Could Add Crypto to Its Payments Network, Says CEO

While the financial services giant already partners with crypto wallets, the next step would put Bitcoin on equal footing with the 160 fiat currencies on Visa’s network.

Read More: http://bit.ly/3ainsTq

2. MicroStrategy CEO to release the world’s first Bitcoin ‘playbook’ for corporations

Business analytics company MicroStrategy will soon release Bitcoin Corporate ‘playbook’ yesterday, as per a tweet by firm CEO Michael Saylor. It will be released at the “Bitcoin Summit 2021” event hosted by the firm next week.

Read More: http://bit.ly/3j2b9hL

3. In Retrospect, It Was Inevitable: Elon Musk Pumps Bitcoin to Space

Last night, Tesla and SpaceX founder Elon Musk changed his Twitter profile to a single word: “bitcoin.” He also tweeted a cryptic message: “In Retrospect, It Was Inevitable.” The price of bitcoin surged in the wake of the tweet, as did Google searches for “bitcoin.” The price increases liquidated some $387 million in short positions.

Read More: http://bit.ly/2YtSFgU

4. Tron’s Justin Sun Vows to Buy $10 Million in GameStop Stock

After a dramatic week in which GameStop (GME) has been rescued from a struggling stock into a fortune 500 company, Tron CEO Justin Sun has now vowed to buy $10 million worth of the stock.

Read More: http://bit.ly/3crOnPc

5. Ethereum Price Passes Another Milestone

Ethereum just logged 26 straight days with a closing price above $1,000.

Read More: http://bit.ly/3cpJje3

6. Rape Survivor to Launch Controversial Kit on Ethereum

Madison Cambell plans to launch the first DIY rape kit, using the Ethereum blockchain to timestamp and authenticate DNA and other evidence. But her project has come under fire from legal and health professionals. Campbell, a rape survivor, has VC backing and has vowed to continue her mission.

Read More: http://bit.ly/3cn5zoW

7. Google Competitor Presearch Launches Decentralized Search Engine

Presearch aims to end Google's search monopoly while providing privacy and rewarding users with crypto.

Read More: http://bit.ly/2NPrHhG

8. Mia Khalifa Invests in Dogecoin During 400% Extreme Price Rally

OnlyFans star Mia Khalifa told her Twitter following today that she caved and "bought the dog stocks lmaoooooo."

Read More: http://bit.ly/3t8X46S

9. Binance Suspends Withdrawals as New Users Are Rushing in Crypto

Binance has announced that it has suspended withdrawals from accounts since a wave of new users has rushed to register. The exchange team has promised to keep the community updated and resume withdrawals soon.

Read More: http://bit.ly/36pO7wx

10. Facebook’s Diem, Formerly Libra, Testnet Processes over 52 Million Transactions

The Facebook and Coinbase-backed stablecoin, Diem–formerly Libra, has settled over 52 million transactions, on-chain test network results on Jan 28 reveals.

Read More: http://bit.ly/3ckPSyN

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2021-01-28 10:35:55 Major Crypto Market Updates in the last 24 hrs

1. American Cancer Society Creates Its First Crypto Only Donation Fund

The American Cancer Society has set up a fund for crypto donations so the nonprofit can raise at least $1 million by early 2021. Together with The Giving Block, the U.S.-based voluntary health organization expects to collect funds via several cryptocurrencies.

Read More: http://bit.ly/3r2lVHB

2. European Payment Giant SIA Works on Blockchain-Based Credit Trading

SIA, a major Italian payment company and a subsidiary of CDP Equity, has collaborated with fintech firm Wizkey to offer blockchain-based credit trading.

Read More: http://bit.ly/39r5NtA

3. Mark Cuban Reveals What's in His Ethereum Wallet

Mark Cuban owns the Dallas Mavericks, appears regularly on the investment show Shark Tank, and has a net worth above $4 billion. Turns out that he owns quite a few Ethereum-based DeFi tokens scratching the bottom of CoinGecko's listings.

Read More: http://bit.ly/3cpZBUe

4. Bitcoin price dips below $30K but here’s why pro traders are still bullish

Data show pro traders are still bullish even as Bitcoin price dips below $30,000 and Friday’s $4 billion BTC options expiry approaches.

Read More: http://bit.ly/2KXYRKY

5. Three reasons why Uniswap (UNI) token hit a new all-time high above $15

Uniswap’s governance token notched a new all-time high above $15 as daily volume on the DEX soars and investors anticipate the rollout of new governance rights.

Read More: http://bit.ly/3cgHhgi

6. Guggenheim says institutional demand not enough to keep BTC above $30K

Guggenheim’s Scott Minerd has come out with another gloomy price outlook for Bitcoin stating that there is not enough institutional demand to keep the asset over $30,000. The chief investment officer of the financial services firm told Bloomberg Television the institutional investor base was not big enough to sustain the current prices.

Read More: http://bit.ly/3oroe5m

7. GameStop short squeeze highlights the power of decentralization

The success of the GameStop short squeeze in pumping the price above $370— and the reaction from centralized authorities and markets to it — has highlighted the need for decentralized finance, according to some in the crypto industry.

Read More: http://bit.ly/3ci4wH5

8. Costa Ricans Need Crypto Alternatives to US Dollar-Backed Colonia

The adoption of crypto in Costa Rica lags behind that of many countries. Many nations are working on central bank digital currencies. Although you can pay people in crypto, and respected companies like Coinbase serve the country, the adoption here lags behind that of many countries. Places like Venezuela and Argentina, where currency inflation has been a disaster, have adopted crypto in greater numbers than Costa Rica, which has a currency pegged to the United States dollar.

Read More: http://bit.ly/2MblVq7

9. Lulu Exchange Announces Partnership with Ripple and Federal Bank

UAE-based Lulu exchange has partnered with Ripple and Federal Bank. Cross-border transactions between the UAE and India should become faster and secure. It’s not clear whether xrp will be used for these transactions.

Read More: http://bit.ly/3pwPVve

10. Miami Uploads Bitcoin White Paper to Municipal Website

Mayor Suarez once again pledged to turn Miami into a "hub for crypto innovation." The city of Miami on Wednesday uploaded a copy of the Bitcoin white paper to its municipal website, joining a growing chorus of governments and companies now hosting bitcoin’s original blueprint.

Read More: http://bit.ly/3qS1HAm

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2021-01-27 09:08:12 Major Crypto Market Updates in the last 24 hrs

1. $220 Million Worth of Satoshi-Era Bitcoin Moved in Last 10 Months

Over $220 million worth of bitcoins have moved from blocks mined during the so-called Satoshi-era, in which the flagship cryptocurrency’s pseudonymous creator was still active in the community, over the last 10 months.

Read More: http://bit.ly/2KSfAzl

2. Bahrain Central Bank Issues License to Shariah-Compliant Crypto Exchange

Middle Eastern crypto exchange Coinmena said this week that it had obtained a crypto assets services company license from the Central Bank of Bahrain (CBB) ahead of its planned launch.

Read More: http://bit.ly/39l1Cz8

3. Solana targets growth in Southeast Asia with a $5M grants scheme

Solana has turned its focus towards decentralized finance in Southeast Asia with a new $5 million development fund. The Solana Foundation created the fund in partnership with Vietnam-based investment firm Coin98 Ventures, enabling regional startups building on Solana to receive technical, marketing, and community support, as well as up to $100,000 in funding.

Read More: http://bit.ly/2M8Kbcj

4. Ethereum’s realized cap spikes to record highs as capital floods in

Ethereum’s realized cap has surged into new all-time highs this month, indicating that new money is rushing to accumulate ETH. Ethereum’s realized capitalization has increased by nearly 50% in January so far to tag new all-time highs above $70 billion, according to CoinMetrics.

Read More: http://bit.ly/3a811QD

5. Philippine Central Bank Widens Cryptocurrency Regulation — Sees 'Accelerated Growth' in Crypto Activity

The Philippines’ central bank, the Bangko Sentral ng Pilipinas (BSP), has expanded the country’s cryptocurrency regulation after seeing “accelerated growth” in the use of crypto exchanges. The new regulatory framework is in line with the guidelines recommended by the Financial Action Task Force (FATF), according to the central bank.

Read More: http://bit.ly/3ojODC3

6. SEC’s XRP-Related Lawsuit Did Not Stop Ripple Form Signing Up 15 New Customers

Blockchain payments firm Ripple has kept on adding new clients, even after the U.S. Securities and Exchange Commission (SEC) announced a lawsuit against the firm and two of its executives. Ripple CEO Brad Garlinghouse revealed on social media the firm “signed 15 new customers after the SEC complaint,” which as Decrypt reports suggests the company has been adding two new clients per week. The firm is now “seeing more customers than ever before.”

Read More: http://bit.ly/2M8Lkk7

7. Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi

The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance.

Read More: http://bit.ly/3abrqNH

8. Major Tesla Investor Predicts Tech Companies Will Buy Bitcoin

Cathie Wood, the chief executive of a prominent investor in electric car-maker Tesla, Ark Investment Management, has said she thinks more companies are going to add bitcoin to their balance sheets.

Read More: http://bit.ly/39jak14

9. Signal Messaging App Testing Crypto Payments

Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin, a cryptocurrency supported by the Stellar blockchain.

Read More: https://bit.ly/3iU7hiT

10. Why Estonia Has Begun Hosting the Bitcoin White Paper

The white paper is now hosted on Estonia’s e-Residency website; e-Residency is akin to a government visa for “digital entrepreneurs to start and manage an EU-based company online.”

Read More: http://bit.ly/3qTpP5z

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2021-01-22 11:37:25 Major Crypto Market Updates in the last 24 hrs

1. Is Grayscale is about to unveil a LINK Trust?

Grayscale Investments could be set to launch a raft of new products including a Chainlink Trust, if freshly unearthed filings are to be believed.

Read More: http://bit.ly/3iyMMIz

2. Clever Aave to Matic bridge keeps track of yields

The first Aave-friendly Ethereum to Matic bridge has opened for business, allowing users to port Aave’s interest-bearing aTokens back and forth between the DeFi protocol and the faster, cheaper layer-two network.

Read More: http://bit.ly/396DnF1

3. Crypto market cap falls by $113B as Bitcoin price tumbles to $28,750

On Jan. 21 the cryptocurrency market experienced an increased wave of selling pressure and within the last hour Bitcoin (BTC) price dropped below the $30,000 mark for the first time since Jan. 4.

Read More: http://bit.ly/3iBjKb1

4. Andreas Antonopoulos Fights FUD With Facts. Bitcoin Is Safe And Worked As Expected

A blockchain reorg with a conflicting $21 transaction on the Bitcoin blockchain triggered the panic of many crypto investors. Andreas demystifies FUD around the hyped coverage that the incident received.

Read More: http://bit.ly/3sK681T

5. BuyUcoin Cryptocurrency User Data Allegedly Affecting Lakhs of People Leaked on the Dark Web

Banking and KYC information of lakhs of users of BuyUcoin, which trades bitcoin and other cryptocurrencies, has allegedly been leaked on the dark web. The details included the names, email addresses, mobile numbers, order information, and deposit history of users, according to a security researcher.

Read More: http://bit.ly/2Y1myVo

6. Phala Network is bringing on-chain privacy to the Polkadot (DOT) ecosystem

The burgeoning Polkadot ecosystem is getting yet another huge use case to its ever-expanding suite of innovative products.

Read More: http://bit.ly/2Y28if9

7. Treasury Secretary nominee says crypto has potential to improve the financial system

U.S. President Joe Biden's pick for Treasury Secretary Janet Yellen may see more benefits to cryptocurrency than her previous testimony indicated.

Read More: http://bit.ly/396mZUP

8. Sequoia to Offer Cryptocurrency Payments to Employees

Sequoia Holdings explained it would permit workforce to be paid out in part in cryptocurrencies. In a assertion, the software package firm explained it was beginning a system that would let workers to defer portions of their salaries into bitcoin, bitcoin income, or Ethereum.

Read More: http://bit.ly/3o0HiY8

9. Japan Rallies Behind XRP as Ripple Faces US Litigation

Unlike the U.S., Japan considers XRP to be a cryptocurrency, not a security. the U.S. classification of the cryptocurrency isn’t likely to impact how Japan treats XRP.

Read More: http://bit.ly/393L12T

10. Ethereum Price High Collapses as Crypto Markets Crash

The price of Ether dropped 20% in a 24-hour period on Thursday as crypto's total market cap tumbled to the $850 billion mark.

Read More: http://bit.ly/3bZXOFt

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2021-01-20 10:37:12 Major Crypto Market Updates in the last 24 hrs

1. Over 31% of People in Latin America Want to Invest in Bitcoin

Almost 1 of every 3 people in Latin America has a strong interest in cryptocurrencies. But many won’t invest until they truly understand them.

Read More: http://bit.ly/3iviohX

2. Asia accounts for almost half of global crypto trading

The report, penned by research analyst Mira Christanto, confirmed that China, Japan, Korea, Hong Kong, and Singapore, are market leaders with deep pools of liquidity, adding that other Asian countries also have great potential to scale.

Read More: http://bit.ly/39NcAfZ

3. Is $1 billion a day in volume the 'new normal' for Uniswap?

Leading decentralized exchange, or DEX, platform Uniswap continues to lead the sector as it nears an average of $1 billion a day trading volume for the month of January.

Read More: http://bit.ly/3pd1iba

4. Bitcoin rival Ethereum hits new heights as investors flock to cryptocurrencies

The world's second-largest cryptocurrency, Ethereum, has soared to a new all-time high following significant investor enthusiasm for Bitcoin alternatives in the nascent digital currency space.

Read More: http://bit.ly/3o0IPxt

5. Bitcoin node count hits new all-time high

The number of Bitcoin nodes is at an all-time high, with 11,558 reachable nodes currently active, according to Bitnodes.io. Another Bitcoin network statistics tracker, coin.dance, calculates the total number of Bitcoin nodes at 11,613, which is just above the previous high of 11,250 set one year ago this month.

Read More: http://bit.ly/38ZqZqb

6. Crypto ‘Scary but Necessary’: Former OCC Head Brooks

Brian Brooks led the Office of the Comptroller of the Currency for eight months. Brooks, whose last day in office was last week, is still talking about the positive role crypto and blockchains can play in US banking.

Read More: http://bit.ly/2XY4Imc

7. Privacy-focused Brave becomes first browser to support IPFS

Privacy-focused browser Brave has added support for the peer-to-peer network and protocol InterPlanetary File System (IPFS). the collaboration will allow Brave's 24 million monthly users to access content directly from IPFS by resolving ipfs:// URLs via a gateway or by quickly installing a full IPFS node.

Read More: http://bit.ly/39MzSCz

8. These Little-Known Altcoin Projects Are Backed by Investment Titan Pantera Capital

The firm has recently backed a few small-to-mid-sized DeFi projects, including the decentralized exchange aggregator 1inch (1INCH) and the upcoming Bitcoin options trading platform PowerTrade (PTF).

Read More: http://bit.ly/3o6PxC8

9. Prophet Integrates Chainlink Tech to Decentralize Lottery Winners

Newly launched DeFi project Prophet has integrated Chainlink’s Verifiable Randomness Function (VRF), allowing for fair lottery winners on the platform Offertory.

Read More: http://bit.ly/3quSCNI

10. Enjin Coin surges 71% after becoming first regulatory approved gaming token in Japan

Blockchain-based Enjin Coin (ENJ) became the first gaming cryptocurrency to be legally authorized for trade by the Japanese Virtual Currency Exchange Association, or JVCEA.

Read More: http://bit.ly/3sFy0Ei

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2021-01-19 08:47:47 Major Crypto Market Updates in the last 24 hrs

1. Uniswap's founder wants your advice on how to spend $500 million

Unsiwap creator Hayden Adams has taken to crypto-twitter to source feedback on how the DEX should allocate its $500 million governance treasury.

Read More: http://bit.ly/35V8fX3

2. More than 80% of LINK is controlled by 125 wallets

Glassnode’s research found that 81% of LINK not held on crypto exchanges of smart contracts is currently stashed away in 125 wallets, with the number of tokens held by Chainlink’s whales steadily increasing over the past two years.

Read More: http://bit.ly/3ixku0X

3. Ethereum price inches closer to a new all-time high as Bitcoin consolidates

Bitcoin (BTC) continues to trade in a tightening range within a pennant pattern and while the price has moved above the 20-day moving average, it's clear that the bulls and bears are fighting over the direction the digital asset will take. In the meanwhile Ethereum' price is in hot pursuit of a new all-time high.

Read More: http://bit.ly/3sC95Bv

4. Bitstamp imposes KYC for Dutch traders withdrawing to external wallets

To comply with Dutch regulations, Netherlands-based Bitstamp users can no longer make withdrawals without first providing photographic proof they own the recipient wallet.

Read More: http://bit.ly/2XQzY6z

5. Cybersecurity firm uses encrypted hard drive with Bitcoin to test applicants

Researchers wishing to apply to New York-based Red Balloon Security have to complete an unusual technical interview as part of their application process: unlocking a hard drive containing crypto.

Read More: http://bit.ly/3pap7Rj

6. JPMorgan Issues Bitcoin Price Crash Warning After Sudden Bitcoin Sell-Off

The bitcoin price topped $42,000 per bitcoin earlier this month, double its 2017 high, but has struggled maintain its momentum, dropping to around $36,000

Read More: http://bit.ly/2XSH3DL

7. 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.

Read More: http://bit.ly/3bQ9SZE

8. Like Juventus and PSG, Milan will have its own token

Italian soccer giant AC Milan, in partnership with fintech blockchain company Chiliz, has announced plans to launch a $ ACM Fan Token on the Socios.com fan rewards and engagement platform in the coming weeks.

Read More: http://bit.ly/3ioHCi6

9. First Hyperledger-based cryptocurrency explodes 486% overnight on Bittrex BTC listing

A little-known altcoin known as Metacoin (MTC) surged to 486% gains in just 24 hours on Jan. 18, after Bittrex announced it would be listing the coin against Bitcoin (BTC). Metacoin is built on the Hyperledger network, an umbrella project of open-source technologies focused around building permissioned blockchain ecosystems for large cross-industry enterprises.

Read More: http://bit.ly/35RBw4X

10. Blockchain KYC platform Blockpass integrates with Matic

Blockpass, a blockchain-powered KYC platform, today announced integration with Matic, a scaling solution for public blockchains. Providing fast, efficient, and effective KYC services for Matic is the latest example of Blockpass’ of on-chain KYC.

Read More: http://bit.ly/2XR8Sw6

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2021-01-17 09:21:42 Major Crypto Market Updates in the last 24 hrs

1. YouTuber Ali Spagnola Accidentally Turned $50 in Bitcoin Into $39,000

Popular YouTube artist Alicia “Ali” Spagnola says she became “accidentally bitcoin rich” after receiving a BTC donation made in 2013. Spagnola forgot about a $50 donation made in bitcoin in 2013 after being asked to create a BTC-themed painting.

Read More: http://bit.ly/2KnfeQZ

2. How ramp Defi Maximizes APY on your staked crypto

With the explosion of DeFi applications, more cryptocurrency users are discovering ways to generate additional yield on their cryptocurrency holdings, both actively and passively.

Read More: http://bit.ly/3qxx6Il

3. Chainlink Futures OI follows asset’s price to hit ATH

One of the market’s most-popular altcoins, Chainlink [LINK] has been rallying lately, with its Futures market seeing a lot of reignited interest as well.

Read More: http://bit.ly/39CZmCy

4. Wall Street investor advises more investors to put a few percent into Bitcoin

Many macro investors, who are known for making asymmetric bets like BTC and crypto is, have since bit the Bitcoin pill. Family offices, too, are starting to making allocations to Bitcoin as they look to diversify out of overvalued assets.

Read More: http://bit.ly/3oTZQua

5. January's decentralized exchange volumes are on track to reach record highs

This month's decentralized exchange (DEX) volumes are set to break September 2020's record highs. According to data compiled by The Block, current DEX volumes for January 2021 are $26.01 billion with 15 days remaining for the month.

Read More: http://bit.ly/35KVoGU

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2021-01-16 09:44:54 Major Crypto Market Updates in the last 24 hrs

1. Polkadot Flips XRP to Become 4th-Largest Cryptocurrency

Polkadot's price has increased by about 60% in the past week. XRP's price has dropped by more than 9% in the past week. Polkadot today overtook XRP in market cap size, $13.2 billion to $12.8 billion.

Read More: http://bit.ly/3nQnaHW

2. 3iQ’s Canadian Bitcoin Fund Hits C$1B in Market Cap

The bitcoin fund from Canada’s 3iq Corp (TSX:QBTC.U), listed on the Toronto Stock Exchange, has reached over CA$1 billion (US$785 million) in market capitalization.

Read More: http://bit.ly/3qo7Ynd

3. EU Parliament Receives Petition Seeking to Establish Crypto Crime Victims’ Fund

A petition has been sent to the European Parliament to persuade the bloc to provide financial support to victims of cryptocurrency crime.

Read More: http://bit.ly/2Lt1KUp

4. The Good Ol’ Fake Crypto Giveaway Scam Still Generates Over $500K a Week

Yes, you may have lost money with the Bitcoin crash. But at least you didn’t give a fake Elon Musk half a million dollars in a crypto scam.

Read More: http://bit.ly/3qqDKzX

5. Why Tether’s Reserves Probably Don’t Contain Bitcoin

Tether's banking partner, Deltec, has announced a BTC investment, provoking speculation about Tether's reserves. Tether's General Counsel, Stuart Hoegner, says that Deltec's activities are separate from Tether's own reserves. USDT is backed by U.S. dollars and other assets, not Bitcoin.

Read More: http://bit.ly/3bKueUo

6. Crypto Exchange Kraken Suspends XRP Trading for US Clients

Kraken said the trading suspension will not affect customers’ access to deposit, hold, and withdraw XRP.

Read More: http://bit.ly/2XKr4Yq

7. Mt. Gox Creditors Will Soon Claim $4.9 Billion in Bitcoin

Mt. Gox investors will soon be able to claim funds stolen in 2014. Some are concerned that the claims could flood the market with newly-circulating Bitcoin and affect crypto prices. No date has been announced for the payout.

Read More: http://bit.ly/35KUl9O

8. Anonymous Litecoin Coming Soon Following Incognito’s New Integration

While the community awaits for MimbleWimble, a team of developers has created a bridge to enable private Litecoin transactions. Incognito wallet users will be able to send a receive LTC tokens without the ability of third parties to surveil funds.

Read More: http://bit.ly/3ikwZwY

9. Galaxy Digital is launching a new bitcoin mining business unit

Crypto investment company Galaxy Digital announced Friday that it is launching a new suite of financial services and tools for the bitcoin mining sector.

Read More: http://bit.ly/3qmZQTW

10. Low-Fee Bitcoin Trust to Challenge Grayscale

The Osprey Bitcoin Trust is the newest Bitcoin trust on OTC Markets. The 0.49% fee will challenge Grayscale’s Bitcoin Trust for dominance, and could drive fee wars.

Read More: http://bit.ly/2LG8z4R

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2021-01-15 08:49:19 Major Crypto Market Updates in the last 24 hrs

1. Winklevoss Twins Mulling Plans to Take Gemini Crypto Exchange Public

According to Bloomberg on Thursday (Jan. 14, 2021), the Winklevoss Twins disclosed that they were considering a public listing for Gemini. The proposed ambition to go public comes amid a renewed interest in the cryptocurrency sector.

Read More: http://bit.ly/3nLcYAC

2. Block.one’s Bitcoin reserves are now worth double the entire EOS market cap

Block.one holds a reported 140,000 BTC which is worth around double the EOS market cap. Does that make EOS a buy?

Read More: http://bit.ly/2XIxqHG

3. Did Grayscale push Bitcoin back up to the $40K mark?

Within 48 hours of Grayscale reopening its services to new investors on January 13, Bitcoin’s price shot up by almostd 20%, to once again hover just under the $40,000 mark.

Read More: http://bit.ly/3sqhOXu

4. Exchanges running out of ETH with reserves plunging 27% in 48 hours

Analysts predict Ether may soon hit a new all-time high after ETH reserves on centralized exchanges fell by 27% in two days.

Read More: http://bit.ly/35FGlxY

5. Ledger owners report chilling threats after 20K more records leaked

Ledger users are receiving threatening emails in the wake of the hardware wallet manufacturer reporting that 20,000 more of its customers have been affected by another massive data breach.

Read More: http://bit.ly/3sqQvfJ

6. Polkadot launches first parachain as DOT price surpasses $14

Blockchain ecosystem and crypto protocol Polkadot saw the launch of its first-ever parachain yesterday, a move that pushed the prices of its DOT token to over $14 as of press time.

Read More: http://bit.ly/3icXeVQ

7. Lido Protocol Does Eth 2.0 Staking but With a DeFi Twist

There’s a decentralized autonomous organization (DAO) that lets ETH holders back Ethereum 2.0 without losing liquidity, and it wants to give its participants a vote.

Read More: http://bit.ly/39wMyxj

8. $13B Bitcoin futures open interest reflects traders’ strong bullish optimism

Bitcoin price quickly rallied back to $40,000 but key derivatives indicators show traders are happily flirting with overbought levels.

Read More: http://bit.ly/3bHOcz8

9. Tether’s Bank Says It Invests Customer Funds in Bitcoin

Deltec Bank & Trust announced it had invested customer funds in bitcoin since the cryptocurrency's price was around $9,300.

Read More: http://bit.ly/3qnmnQq

10. Pakistani province turns to bitcoin

A Pakistani province is turning to bitcoin mining to generate revenue. The government of semi-autonomous Khyber Pakhtunkhwa (KP) is establishing two state-backed bitcoin mining farms.

Read More: http://bit.ly/3ibjUG4

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