Big investors pivoting from Bitcoin to Ether futures: JPMorgan
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Indian central bank remains anti-crypto, affirming ‘no change’ in its stance
The Reserve Bank of India's ban on banks' dealings with crypto may be defunct but the institution remains apprehensive of — if not outright hostile to — cryptocurrencies. Its infamous circular directing banks to cease servicing crypto firms may have been overturned in the courts but India's central bank is showing no signs of softening…
Top crypto mergers and acquisitions of 2020
The blockchain industry shrugged off the craziness of the 2020 pandemic, with many companies thriving in the “remote” working environments brought about by COVID-19.Almost $700 million in mergers and acquisitions took place in 2020 across 83 transactions. That’s the largest number ever and a sizeable increase from the previous record of 69 M&A transactions in…
Bitcoin demand sharply declined since April — CryptoQuant
The slowdown in Bitcoin demand can be attributed to a sharp decline in purchases in the United States.
Bankruptcy judge signs off on $450M FTX-Voyager settlement
According to the terms of the deal, FTX will “relinquish any and all rights” to $450 million Voyager Digital has claimed from the crypto exchange.
IBM Expects a Central Bank to Issue Digital Currency Within 5 Years
73% of leading global banks have claimed that central bank digital currencies (CBDC) should be available “under all circumstances” in a new study.“CBDC will substitute much more easily for cash”According to a joint report conducted by tech giant IBM and the Official Monetary and Financial Institutions Forum (OMFIF), global central banks now admit that CBDCs…
Grayscale is tentatively looking to offer YFI
A corporate registration filing with the State of Delaware shows that Grayscale is considering Yearn Finance as a future offering. 1142 Total views 9 Total shares Grayscale Investments has registered an LLC for a prospective Yearn Finance (YFI) Trust, giving the first sign that the asset manager is considering the DeFi coin. The new YFI entity…
Congressman Warren Davidson calls to ban and criminalize CBDCs
“Money should not be programmable by a central authority,” argues Republican Representative Warren Davidson. 150 Total views 2 Total shares United States Republican Representative Warren Davidson has spoken out against Central Bank Digital Currencies (CBDCs), urging Congress to ban them and criminalize its development.In a July 23 Twitter post, Congressman Davidson accused the Federal Reserve…
Bitcoin was almost named Netcoin by Satoshi Nakamoto, hints domain data
Domain purchases under AnonymousSpeech around similar timelines revealed the creation of Netcoin.org on Aug. 17, 2008 — just a day prior to the creation of Bitcoin.org. 272 Total views 7 Total shares Coming up with a good name is often one of the most challenging decisions one needs to make when launching a new service…