Crypto News Roundup for Oct. 21, 2021
Markets Daily Crypto Roundup
With bitcoin paving the way for an altcoin breakout and a look at what makes NFTs so revolutionary, CoinDesk’s Markets Daily is back with the latest news roundup.
Listen on:
Related Posts


Welcome to the NEW Crypto for Advisors Newsletter
Crypto for Advisors is changing. I'm Sarah Morton, the new editor of this newsletter. Think of me as your tour guide on an ongoing journey through the evolving crypto ecosystem. I'm here to curate timely, relevant and thought-provoking content as well as answer pressing questions that clients ask. But first: Why me?My learning journey into…

BlockFi Says It’s Taken Major Step Toward Emerging From Bankruptcy
BlockFi’s creditors have approved its bankruptcy restructuring plan, clearing one of the final hurdles in a months-long process to wind down the firm’s business and reimburse its clients, a Friday email from BlockFi to its creditors shows.The beleaguered crypto lender was among a rash of digital asset companies that froze their customers’ accounts and eventually

Bank of Japan Forms New Team to Explore Central Bank Digital Currency
Jul 20, 2020 at 09:41 UTCUpdated Jul 20, 2020 at 10:28 UTCBank of Japan, Tokyo (Leonid Andronov.Shutterstock)The Bank of Japan (BOJ) has set up a dedicated team to explore the implications of central bank digital currencies. As reported by Reuters on Monday, the central bank is warming up to the possibility of a digital yen,…

This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs
Crypto majors such as SOL, AVAX, APT, SUI saw 40% to 70% corrections over the past months, weighing on altcoin sentiment, while BTC and ETH are down only 15% from their yearly highs.Venture funds are under pressure to sell tokens to realize profits on their investments made in the past years, Markus Thielen noted.The lack

Dogecoin Bets Jump to $2B as Price Reaches Highest Level Since 2021
The dogecoin (DOGE) price surged to its highest level since December 2021 on Thursday, with trading volumes and futures open interest rising significantly.Several posts from prominent Dogecoin community members on X speculated about the token's implementation on the platform, especially in relation to a new payment branch being awarded more licenses in the U.S.Dogecoin (DOGE)

Crypto Startup Ramp Network Starts Brazilian Unit as First Step in LatAm Expansion
Ramp Network, a startup offering payment infrastructure to connect crypto and traditional finance, opened a local entity in Brazil in a bid to expand into Latin America.In the South American country, the company will offer its software development kit (SDK) for clients — including Web2 enterprises, crypto wallets and Web3 games — enabling their users…

Bitcoin: A Global Port in a Market Storm?
Mar 23, 2020 at 18:39 UTCStorm image via ShutterstockBitcoin: A Global Port in a Market Storm?Noelle Acheson is a veteran of company analysis and CoinDesk’s director of research. The opinions expressed in this article are the author’s own.The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto…

Bahamas Seeks to Tighten Its Crypto Laws Following FTX Collapse
It will also bring in a “new and comprehensive regulatory framework for stablecoins” which seek to fix their value to other assets such as fiat currency, after the dramatic collapse of terraUSD last year, and extend to cover crypto services such as advice, derivatives, and crypto staking, and also include non-fungible tokens (NFTs) that are…