Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound
BTC, the largest cryptocurrency by market capitalization, was recently trading at about $28,050, roughly flat over the past 24 hours, although a brief midday jump had the BTC/U.S. dollar trading pair reaching as high as $28,605 on crypto exchange Coinbase – its highest point since June, data from TradingView showed.
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21Shares Introduces Exchange-Traded Product for Liquid Staking Platform Lido DAO
21Shares, a provider of crypto exchange-traded products (ETP), introduced a way of gaining exposure to Lido DAO, offering traditional investors single asset exposure to the largest participant in the liquid-staking ecosystem.According to the Switzerland-based company’s issue-specific summary, “21Shares Lido DAO ETP (LIDO) is a non-interest bearing, open-ended security. Each series of the product is linked…
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Custody Battle Pits Institutional Boomers Against Crypto Upstarts
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Total Cryptocurrency Market Value Hits Record $1 Trillion
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Kik is Crowdfunding $5 Million in Crypto to Help Fight SEC
news Canada-based messaging app firm Kik has launched a crypto crowdfunding campaign to support a likely court battle with the U.S. Securities and Exchange Commission (SEC) over its 2017 initial coin offering (ICO). Announced by Kik founder and CEO Ted Livingston and Patrick Gibbs, a partner at law firm Cooley LLP, on the UnChained Podcast Tuesday, the…
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Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
The U.K.'s Labour Party won a landslide victory in Thursday's general election. Crypto was not mentioned in the party's election manifesto, but Labour has previously commented on tokenization and the digital pound. The Labour Party won Thursday's U.K. general election with a landslide that ended 14 years of Conservative rule and will install Keir Starmer
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It would be logistically challenging for Chinese retail investors to organize a short-selling campaign, especially with the authorities watching.GameStop's 900% gain (and the wipeout of Wall Street shareholders) is the talk of financial markets from stocks to crypto.(GameStop, modified by CoinDesk)Feb 2, 2021 at 11:23 p.m. UTCWhy a GameStop-Inspired Mania Is Unlikely in China’s Stock…
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Online Lender SoFi’s Application to Create a National Bank Conditionally Approved by US
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Crypto Exchange CEX.IO Expands US Service to Cover 31 States
news Cryptocurrency exchange CEX.io now operates in 31 U.S. states and the District of Columbia. Since launching a U.S. office early in July, the London, U.K.-based firm says its compliance team has been working with regulators to satisfy the required checks and audits and be granted money transmitter licenses in the new states. Following that effort, the…