Switzerland’s Crypto Broker AG Wins Securities House License From FINMA
Banks can tick a box and start trading with us, said CEO Rupertus Rothenhaeuser.
Crypto Long & Short: GameStop, Dogecoin and a New Market Paradigm
We’re not just witnessing the changing nature of market forces. We’re also seeing a shift in the definition of market “fundamentals.”
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.
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.
Judge Rejects Virgil Griffith’s Motion to Dismiss Charges of Aiding North Korea
U.S. Judge Kevin Castel also denied the ethereum developer’s request for more details about what he’s being charged with.
India’s Proposed Crypto Ban Has Investors Nervous, May Feed Anti-Bitcoin Narrative
The move is bound to make potential and current crypto investors outside the country uneasy as well.
Are Financial Advisors Missing Crypto?
On this episode of the 'On Purpose' podcast, independent registered investment advisor Tyrone Ross digs into the thorny topic of bitcoin and digital assets through the lens of your average Financial Advisor.
Visa May Add Cryptocurrencies to Its Payments Network, Says CEO
The payments company works with wallets and exchanges to enable crypto purchases, and could eventually use digital currencies over blockchain in the same way it processes traditional money.
The Small Guys Rebel Against their Big Brother Hedge Funds
What the GameStop stock market chaos can teach crypto and why the Bank of International Settlements is pitching central bank digital currencies (CBDC) instead of crypto. Also the privacy concerns around China’s digital yuan.
Voyager Reports Multiple ‘Service Disruptions’ After Encouraging Users to Trade Dogecoin
Angry users are taking to Twitter, putting the platform in the DOGE house.
In Retrospect, It Was Inevitable: Elon Musk Pumps Bitcoin to Space
The price action is fun, but the larger significance is about decentralized alternatives to today’s financial system.
Top 5 Dogecoin Pumps Through the Ages
What started off as a parody project is still shocking the crypto world with wild price gains and celebrity endorsements.
After GME, Dogecoin and Bitcoin, Chinese Traders Are Betting What Will Pump Next
For Chinese investors, including Justin Sun, FOMO has surpassed fear of losing money.
Blockchain Bites: DOGE, Musk, Robinhood, GameStop and Crypto’s ‘Populist’ Revolution
A renewed the pitch to create open access and decentralized standards is much bigger than what's happening to a few stocks.
India Would Ban Private Cryptocurrencies Under Proposed Legislation
A ban on cryptocurrency had been in effect for almost two years before it was overturned by the Supreme Court in March 2020.
Money Reimagined: Narratives Wall Street Can’t Control
It used to be that Wall Street dictated the big stories around finance. It’s unclear whether that’s still the case.
Strange Bedfellows: The World Economic Forum and Crypto
A look at the challenging task of integrating the radical crypto world into the establishment with Adrian Monck of the World Economic Forum.
Bitcoin News Roundup for Jan. 29, 2021
With BTC shooting back up above $37K and a look into the aftermath of the GameStop moment, CoinDesk’s Market Daily is back with the latest news roundup.
Japan to Have Blockchain-Based Stock Exchange in 2022
The exchange reportedly planned by SBI and SMFG is expected to be the first of its kind in Japan.
First Mover: Elon Musk #Bitcoin Moment Adds to Dogecoin, GameStop Wackiness
The GameStop-galvanized "bear raid" by retail stock traders appears to have terrified Wall Street, but crypto-industry marketeers are salivating over the prospect of new customer leads and more demand.
Portfolio App Blockfolio Adds Crypto, Stock Trading to Capitalize on GameStop Drama
The app offers trading of crypto assets as well as tokenized stocks listed on derivatives exchange FTX.
Elon Musk-Prompted Bitcoin Price Surge Causes Liquidation of $387M in Shorts
The shorts were liquidated after Elon Musk added "Bitcoin" to his Twitter bio and prices rose by over 15%.
Robinhood Limits Cryptocurrency Trading Citing ‘Extraordinary Market Conditions’
Users still have some crypto trading functionality, per a Friday report from CNBC.
FTX Exchange Lists WallStreetBets Futures to Capitalize on Investing Movement
The futures contract is based on a basket of stocks being targeted by WallStreetBets and dogecoin.
Gemini Survey Finds Over 40% of UK Crypto Investors Are Women
The survey data shows that cryptocurrency investing is becoming more diverse, said Gemini in its new trends report.
Dogecoin Becomes Most Mentioned Crypto on Twitter Ever as Price Soars
Tweet volume for the shiba inu-themed cryptocurrency surpassed previous records for bitcoin, according to TheTIE.
Robinhood CEO: We Weren’t ‘Forced’ to Limit Stock Buying Amid Reddit-Driven Surge
Robinhood's CEO said the platform's decision to halt buy orders on GME, NOK and AMC was based on a "technical and operational" one, not outside pressure.
Retail Traders Sue Robinhood Over Meme Stock Restrictions
GameStop, which had been soaring for days on short squeezing and mass speculation, began tumbling after the major retail trading hub implemented the hold.
China, Singapore Look Ahead to CBDC Future at World Economic Forum
A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore.
Longtime Bitcoin Developer Jonas Schnelli Receives Open-Source Grant
Jonas Schnelli joins other Bitcoin developers who are sponsored by high-caliber Bitcoin companies.
Blockchain Bites: DOGE Chases After GameStop, Guggenheim Doubts $30K Bitcoin
Following a tweet from “WSB Chairman" inquiring about the meme cryptocurrency dogecoin prices went haywire.
Bitcoin Rebounds From Early Losses, Markets Still Distracted by GameStop
GameStop's stock drama has had a galvanizing effect on stocks, bitcoin and even dogecoin.
Inside Iran’s Onslaught on Bitcoin Mining
Iran has been clamping down on mining farms, but it also wants to use crypto mining to boost the sanctioned nation's revenue stream.
Bitcoin News Roundup for Jan. 28, 2021
With digital-market traders taking GameStop’s stock gyrations as a moment for self-reflection, CoinDesk’s Market Daily is back with the latest news roundup.
Dalio Expects to Soon Offer Alt-Cash Fund, Says ‘Bitcoin Won’t Escape Our Scrutiny’
"Bitcoin looks like a long-duration option on a highly unknown future that I could put an amount of money in that I wouldn’t mind losing about 80% of," Dalio said.
Prime Trust, tZERO Partner on Digital Asset Custody, Trading
The integration will enable Prime Trust to manage the custody of digital securities and cryptocurrencies for its customers using tZERO for trading.
Scarcity Gives Bitcoin Value, but Not the Way You Think
Bitcoin is "scarce" (and therefore valuable) when demand for it exceeds the available supply, not because of its 21 million hard cap, says our columnist.
WallStreetBets Reddit Group: What Is It?
How an army of amateur traders from the WallStreetBets Reddit channel is turning the tables on traditional investors.
First Mover: Crypto Gawks at GameStop, Sees Shades of Self
Digital-market traders found amusement in the GameStop saga. They also saw an opportunity for self-reflection. Here's what Niall Ferguson, Caitlin Long, Mati Greenspan and Jonathan Mohan said.
Europol, Spanish Police Bust Alleged Scam Posing as Crypto Investment Training Firm
Europol worked with Spain’s Civil Guard and Catalan police to arrest six suspects aged in connection with the scheme.
Algorand Teams Up With Crypto Custodian Curv for ‘Trusted DeFi’
The firms aim to build technology that "appeals to traditional institutions, payment providers [and] governments."