Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Silicon Valley Bank was the tip of a banking iceberg
Traditional financial institutions take deposits from customers and use them to make loans. But they loan out much more than what they have in store at a given point in time — a concept known as fractional banking. On one hand, the difference between the interest on the loans and the interest paid to depositors…
Fidelity doubles down on Hong Kong crypto operator
The mutual fund giant now owns 6.29% of BC Technology Group following the latest cash injection. 787 Total views 5 Total shares Fidelity Investments, one of the world’s largest asset managers, has poured more capital into a Hong Kong-based cryptocurrency operator — offering yet another bullish indicator for the evolution of digital-asset markets worldwide. An exchange…
Australian regulator claims 58% of crypto ads on Facebook are scams
Australia’s competition watchdog cited preliminary research that found more than half of the crypto ads on the platform breach Meta’s policies or involve scams.
Central Bank of Jordan reveals CBDC plans
CBJ governor also predicted that cryptocurrency trading might eventually be permitted in Jordan once the appropriate legislation is in place. 29 Total views 1 Total shares Central Bank of Jordan (CBJ) has revealed that it is researching issuing a digital currency. The central bank digital currency (CBDC) would be linked to the Jordanian dinar and…
Ramaswamy’s Strive launches wealth management arm offering Bitcoin to clients
By integrating Bitcoin into client portfolios, Strive’s new wealth management unit can in part offer Americans “true financial freedom,” its CEO Matt Cole said.
Bitcoin holds $30K, but some pro traders are skeptical about BTC price continuation
Bitcoin (BTC) price has finally broken the $30,000 level after the key price zone lasted as a ten months resistance level. BTC price rallied 6.5% on April 10 and the much-awaited price gain ended an agonizing 12-day period of extremely low volatility, which saw the price hovering close to $28,200. Bulls are now confident that…
Top crypto mining hardware to expect in 2021
At the beginning of this unusual and sometimes difficult year, the cryptocurrency world reminisced about the crypto mining boom and whether it was now over. But soon, the fears were washed away as large companies registered on Nasdaq expressed clear interest in mining Bitcoin (BTC) for additional earnings.It has been said more than once that…
US Senate overturns SEC’s anti-crypto resolution, but will Biden veto? Law Decoded
The U.S. president remains the last barrier to recalling the problematic anti-crypto resolution by the SEC.