January 2021 | Page 2 of 183 | Last Cryptocurrency News Feed

XRP Posted Biggest Single-Day Gain in 3 Years in a Coordinated Buying Attack

"Traditional Crypto-Pump groups are being copied and legitimized by WallStreetBets," Jehan Chu, co-founder and managing partner at Kenetic Capital, told CoinDesk. Jan 31, 2021 at 7:28 p.m. UTCXRP Posted Biggest Single-Day Gain in 3 Years in a Coordinated Buying AttackXRP rallied hard on Saturday in a move similar to a crowd pump recently observed in…

CoinDesk Feed

Bitcoin Falls Back to $32K as Elon Musk’s Bio Change Fades Into Memory

The price jump coinciding with Elon Musk's Twitter attention retraced over the weekend. Bitcoin price action Jan 31, 2021 at 7:22 p.m. UTCBitcoin Falls Back to $32K as Elon Musk’s Bio Change Fades Into MemoryEven Elon Musk’s power has its limits, apparently, as bitcoin gave back all its gains from a nearly 20% pump that…

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2020 Established Bitcoin And Ethereum As Institutional Assets, Says Coinbase

The largest US-based crypto exchange Coinbase has classified bitcoin and several altcoins as institutional assets following the developments in 2020. In its yearly report, the company has confirmed the growing institutional interest, the maturing market, and, somewhat surprisingly, the expanding appetite from corporations towards ETH. 2020 Established Bitcoin As An Institutional Asset The challenging last…

Cointelegraph Feed

The future of crypto trading will be omni-chain

It’s now virtually unarguable that decentralized finance is blockchain’s “killer use case.” Total value locked in DeFi grew by over 3,000% over the year leading up to January 2021. On the DApp Radar rankings, eight of the top 10 DApps on Ethereum are DeFi. Uniswap sees more users than any other application and is set…

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Indian government looking to crack down on crypto scams with proposed ban: Cashaa CEO

Kumar Gaurav said "there is no way any government" can outright ban crypto given its nature as a global and decentralized system. 3152 Total views 14 Total shares Kumar Gaurav, founder and CEO of cryptocurrency exchange Cashaa, believes the Indian government’s latest efforts to regulate digital currencies are more of an attempt to prevent illicit…

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Thanks Bitcoin, MicroStrategy stock is up 113% since being downgraded by Citigroup

On Dec. 8, 2020, Citigroup, one of the largest banks in the world, downgraded MicroStrategy'ss stock (MSTR). Since then, MSTR stock is up 113.27% from $289.45 to $617.31, as the price of Bitcoin (BTC) rallied.In the same period, the Citigroup stock has declined slightly by 0.63%, from $58.36 to $57.99.MicroStrategy stock vs. BTC and Nasdaq.…

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The Bitcoin Bubble Effect: Yes, We Are in a Very Early Stage (Opinion)

The debate as to whether or not we are still very early on in the cryptocurrency space is one that’s been going on for quite some time. For some reason, a lot of people tend to tie it up to the current pricing of different cryptocurrencies – something, that in my opinion, has nothing to…

Cointelegraph Feed

Decentralized identity is the way to fighting data and privacy theft

Decentralized identity is a function of blockchain technology that delivers real-world benefits to users quickly and easily, allowing them to benefit from things such as easier logins, faster credit checks and an overall smoother online experience.The proliferation of websites, e-commerce hubs and social media platforms means we can all have a huge database of logins,…

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Bitcoin ‘ascendant’ as GameStop saga unfolds, Bitfinex CTO says

The GameStop short squeeze and Bitcoin have a lot more in common than appears at the surface, according to Paolo Ardoino. 485 Total views 5 Total shares The sudden rise of stocks like GameStop (GME) have shined a positive light on Bitcoin (BTC), as more retail investors look to “rail against” the financial status quo,…

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Institutional demand for crypto isn’t subsiding, but impact will be gradual

For example, just last week, when the currency was hovering around the $30,000 threshold, a whole host of pundits was warning investors to brace for impact, suggesting that the premier crypto asset was on the verge of a correction and could once again dip to around the $20,000 region.However, in just one day, Bitcoin was…