Today at Chaintalk News

February 27, 2021

Crypto Asia Summit: September 29 Day 2 Report

By Mikako Hara

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MicroStrategy Adds More Than $1 Billion in BTC to Its Asset Stash

MicroStrategy has established itself as one of bitcoin’s biggest fans in recent months. MicroStrategy Buys a Lot More Bitcoin The company was one of the first institutional players to come out publicly and support the world’s primary digital currency by market cap through a purchase of more than $250 million worth of the asset last...The post MicroStrategy Adds More Than $1 Billion in BTC to Its Asset Stash appeared first on Live Bitcoin News.
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cointelegraph

Alpha Finance Lab rallies after integrating with Compound and Binance Smart Chain

Alpha Finance Lab’s recent integration with Binance Smart Chain and Compound Finance triggered an 85% rally in the protocol's ALPHA governance token.

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Alpha Finance Lab rallies after integrating with Compound and Binance Smart Chain

Alpha Finance Lab’s recent integration with Binance Smart Chain and Compound Finance triggered an 85% rally in the protocol's ALPHA governance token.
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Will Coinbase Introduce Its Own Exchange Token?

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cointelegraph

NFTs based on STARZ show ‘American Gods’ coming soon from Curio

The NFT market continues to expand, with upcoming tokens based on a mainstream TV show.

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NFTs based on STARZ show ‘American Gods’ coming soon from Curio

The NFT market continues to expand, with upcoming tokens based on a mainstream TV show.
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World’s First Bitcoin ETF Now Holds More Than 10,000 BTC

The world’s first Bitcoin exchange-traded fund (ETF) has seen massive success in its first week. It has now surpassed the 10,000 BTC milestone for the first time as data from Glassnode shows. The on-chain data analytics firm has the ETF at 10,064 BTC at press time. Canadian firm Purpose Investment Inc. became the first company […]
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$3.3 Billion in Bitcoin Options Expire Today. Here's What It Means

How traders handle the money could shape the market.
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Why Etsy will not accept Bitcoin as payment ‘right now’

Etsy Inc., which reported a strong revenue growth last year, alongside a surge in e-commerce amid the pandemic, does not intend to accept Bitcoin as payments on the leading e-commerce website, at least for now. According to President and CEO of Etsy, Josh Silverman until more people buy and also use the digital currency, he […]
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NBA Top Shot CEO Backs Platform for Loaning Out NFTs

NFTfi secured $890,000 in investments from top NFT execs, venture capitalists and companies.
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cointelegraph

Law Decoded: Loose ends and long dramas, Feb. 19–26

Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week's newsletter.

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Law Decoded: Loose ends and long dramas, Feb. 19–26

Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week's newsletter.
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cointelegraph

SEC’s Division of Examinations issues Risk Alert on digital assets

The Risk Alert seemed to take particular aim at broker-dealers, who have been "inadequate" in their AML compliance.

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SEC’s Division of Examinations issues Risk Alert on digital assets

The Risk Alert seemed to take particular aim at broker-dealers, who have been "inadequate" in their AML compliance
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Crypto industry reaches a milestone of 100 million users

TL;DR Breakdown Crypto.com claims that the number of crypto users has surpassed 100 million. Adoption not affected by regulatory uncertainties. Market has the potential to reach $2 trillion. The crypto market continues to generate buzz even as the prices stumble. A recent report by a popular firm puts the number of users globally at over […]
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Kraken offers refunds to crypto exchange traders hit by ETH price fall

Crypto giant Kraken has been offering refunds to traders hit with heavy losses as a result of a sharp dip in the price of Ether (ETH) on the exchange earlier this week. The post Kraken offers refunds to crypto exchange traders hit by ETH price fall appeared first on The Block.
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Will Chainlink find enough momentum for a recovery run?

Chainlink’s price has risen exponentially since the start of 2021, both independently and on Bitcoin’s own coattails. However, LINK’s correlation being a double-edged sword has ended up hurting the crypto’s price aspirations after the coin fell by close to 35 percent over the week. While the said drop is insignificant when compared to LINK’s growth […]
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Flare Brings Ethereum-Based Smart Contracts To Stellar

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Activity in the bond market may be slowing the bitcoin rally

Quick TakeBitcoin is under selling pressure despite the news of Coinbase’s S-1. Could recent activity in the bond market finally slow the coin’s rally?
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Google Teams With D-Wave in Massive Quantum Computing Leap, Cracking Simulation Problem

Google and D-Wave Systems say they’ve achieved a new milestone in the world of quantum computing. In a press release, D-Wave says its quantum device has far outpaced a classical computer in a direct competition to complete a difficult computational problem. The device successfully modeled the behavior of a spinning two-dimensional “quantum magnet,” and was […]The post Google Teams With D-Wave in Massive Quantum Computing Leap, Cracking Simulation Problem appeared first on The Daily Hodl.
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Dollar, Divergences, & More: Here’s Why Bitcoin Could Soon Bounce

Bitcoin has fallen steeply since setting a high around $58,000 per coin earlier this month. After now days in a row of downside, and a sweep of lows, there’s a bullish divergence brewing that could take the leading cryptocurrency by market cap soaring back higher. At the same time, the dollar is once again weakening […]
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Square Just Added a Lot of Bitcoin to Its Stash

It’s not like we didn’t know that Square – the financial payment firm owned and operated by Jack Dorsey of Twitter fame – was a bitcoin fan. Dorsey himself has been advocating for bitcoin for the past several years, even going so far as to claim in 2018 that it would be the world’s only...The post Square Just Added a Lot of Bitcoin to Its Stash appeared first on Live Bitcoin News.
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177-Year-Old Swiss Bank Bordier to Offer Bitcoin and Other Crypto Trading Services

A 177-year-old bank in Switzerland has enabled cryptocurrency trading within its services, with expectations to expand. Bordier & Cie SCmA added bitcoin and other cryptos to its list of services by partnering with a well-known domestic crypto player. Bordier Customers Can Also Buy and Hold Other Cryptos According to the announcement, the Swiss bank, founded […]
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Taproot Activation And LOT=True Vs. LOT=False

On this episode of "The Van Wirdum Sjorsnado," the hosts discussed the lock-in on timeout (LOT) parameter for potential Taproot activation.The post Taproot Activation And LOT=True Vs. LOT=False appeared first on Bitcoin Magazine.
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Polkadot price prediction: DOT to decline to $25

TL;DR Breakdown Polkadot price expected to fall below $30 DOT faces resistance at $32 The closest support level lies at $$0 and further below at $28 Polkadot price made a swift recovery to the $35.00 mark, but the resistance at the level rejected the trend once again. As such, DOT has headed downwards once again, […]
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Cardano is now a top-three cryptocurrency as ADA price soars 27% in 24 hours

Cardano is soaring, though ADA price still has a long way to go to beat its record high vs. Bitcoin.
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cointelegraph

Cardano is now a top-three cryptocurrency as ADA price soars 27% in 24 hours

Cardano is soaring, though Ada's price still has a long way to go to beat its record high vs. Bitcoin.

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EOS Price Analysis: 26 February

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The cryptocurrency market has been seeing a lot of bearish sentiment go around after Bitcoin, the world’s largest cryptocurrency, fell below $50k. With Bitcoin trading under $50k at press time, many market altcoins also […]
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Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming

February 26, 2021 – Singapore, Singapore Unifi Protocol announces the launch of Unifi Farms. The most revolutionary part of Unifi Farms is there is no staking of the liquidity token required. The public beta launch of Unifi Farms V1 will take place on not one, not two, but six different blockchains at once. Unifi is proud […]The post Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming appeared first on The Daily Hodl.
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Beeple Crypto Art Set for NFT Exhibition Debut in China

Beijing is set to get its "first" crypto art exhibition next month. And it's got some big-name NFT artists on board.
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Former Ripple CTO dumps more XRP; here’s how much XRP is left in Jed McCaleb’s wallet

Data from XRPscan suggests that over the week, former Ripple CTO Jed McCaleb has moved yet another large amount of XRP from his wallet. From 20 to 26 February, McCaleb moved more than 135.8 million XRP from his tacostand wallet in six separate transactions. The former chief made a payment of more than 19 million […]
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Kentucky lawmaker proposes extending clean energy incentives to crypto miners

Proposed legislation in Kentucky would, if approved, make crypto mines in the state eligible for incentives awarded to clean-energy facilities.The post Kentucky lawmaker proposes extending clean energy incentives to crypto miners appeared first on The Block.
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Grayscale Exploring New Investment Opportunities in 23 Altcoins, Including Chainlink, Polkadot, and Cardano

The digital asset market is a very dynamic one and one in which new products are introduced every day. No one can fully tell which new digital asset will be the next bitcoin or ether but the market is not in want of promising products to invest in. Grayscale, the world’s largest digital asset manager, […]
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Why Bitcoin Likes a Hard-On Environment

Charlie Morris is the founder and Chief Investment Officer of crypto-asset data provider ByteTree Asset Management.____I want to re-examine the current macroeconomic environment and how it impacts the Bitcoin (BTC) price. It has been a rough week so far, but one thing I can be sure of is that Bitcoin loves hard-on macroeconomic conditions.I wrote much about this
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FATF says it will release updated guidance for digital assets in June

A post-meeting statement from the international regulatory body recapped plans for the coming year, including its dealings with digital asset standards.The post FATF says it will release updated guidance for digital assets in June appeared first on The Block.
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The trail to Bitcoin regaining the $50,000-level

Bitcoin is known for its volatility. While for some this translates to substantial growth possibilities, others tend to see BTC’s volatile price as a reason to stay clear of it and the digital asset market altogether. However, for traders invested in the crypto-market, BTC’s volatility is the price you pay for its monumental growth. In […]
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Bitcoin Building on New Highs: From Hashrate to Miner Revenue

The price of the flagship cryptocurrency Bitcoin has been steadily rising over the last few months, going from little over $11K in October 2020 to a new $52K all-time high in February. Corporate adoption is widely believed to have been behind BTC’s astonishing price rise. In October 2020, PayPal started letting users buy, sell and hold […]The post Bitcoin Building on New Highs: From Hashrate to Miner Revenue appeared first on The Daily Hodl.
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Etsy CEO Is A Bitcoin HODLer But Won’t Be Accepting It As A Form Of Payment Until This Happens

Over the last few months, the amount of institutional support that the crypto institution has received has been remarkable. After years of being shunned by the mainstream financial world, PayPal, CashApp, and Mastercard have enabled crypto transactions on their various platforms. And just a few weeks ago, Tesla and BlackRock formally entered the bitcoin market. […]
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Crypto exchange Coinbase hints at potential token issuance in its S-1 filing

Coinbase hinted at a possible blockchain token in its newly unveiled S-1 filing. The post Crypto exchange Coinbase hints at potential token issuance in its S-1 filing appeared first on The Block.
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Coinbase’s direct-listing valuation could top $100B

Cryptocurrency exchange Coinbase Global (COINB) could be worth more than $100B when it goes public even though the company wrote in an SEC filing that private shares that changed hands during 2020 only implied a $5.4B value.Markets are anxiously awaiting Coinbase’s planned direct listing on the Nasdaq, which could come in days or weeks.Coinbase disclosed in an S-1 filing with the U.S. Securities and Exchange Commission ahead of its planned direct listing that 2,081,164 shares changed hands privately last year at $28.83 apiece.Given that Coinbase had some 186M shares outstanding as of Dec. 31, that implied a $5.4B market capitalization.However, the company cautioned in the filing that “this information may have little or no relation to broader market demand for our Class A common stock. … You should not place undue reliance on these historical private sales prices, as they may differ materially from the opening public price and subsequent
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cointelegraph

Galaxy Digital co-president explains two things deterring institutional crypto buying

With a number of mainstream entities buying into Bitcoin, what's holding some back?

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Galaxy Digital co-president explains two things deterring institutional crypto buying

With a number of mainstream entities buying into Bitcoin, what's holding some back?
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Bitcoin Falls Below $1 Trillion Market Cap Following Bloody Week: The Crypto Weekly Recap

It was a rough week in the cryptocurrency market. Bitcoin's total market cap fell below $1 trillion as it saw one of the more serious corrections since the start of the bull run.
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Price analysis 2/26: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, BCH, XLM

Bitcoin and most major altcoins remain rangebound with the exception of Cardano.
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cointelegraph

Price analysis 2/26: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, BCH, XLM

Bitcoin and most major altcoins remain rangebound with the exception of Cardano.

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Delphi Digital launches Labs wing to bolster portfolio company development

The research, media, and investment company adds a development wing
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cointelegraph

Delphi Digital launches Labs wing to bolster portfolio company development

The research, media and investment company adds a development wing.

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cointelegraph

Komodo launches AtomicDEX beta bringing atomic swaps to Ethereum and Bitcoin

Komodo’s AtomicDEX seeks to connect Ethereum with Bitcoin and other UTXO networks.

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Komodo launches AtomicDEX beta bringing atomic swaps to Ethereum and Bitcoin

Komodo’s AtomicDEX seeks to connect Ethereum with Bitcoin and other UTXO networks.
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Ethereum, Cosmos, VeChain Price Analysis: 26 February

Ethereum registered a strong pullback as far south as $1,420 as this level of support was put to the test multiple times in the past few days. Cosmos held on to the $17-level at the time of writing, but had bearish momentum behind it. Finally, Vechain retraced a good part of its gains from the […]
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Bitcoin Experienced Heavy FUD During the Week

It’s certainly been a crazy week for bitcoin. The currency – which was trading for about $56,000 per unit during the early portion of the week – later fell to about $47,000, thereby losing roughly $9,000 from its price. Since then, it has spiked back to $49,000 at the time of writing, gaining $2,000. However,...The post Bitcoin Experienced Heavy FUD During the Week appeared first on Live Bitcoin News.
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Crypto Price Analysis & Overview February 26th: Bitcoin, Ethereum, Ripple, Polkadot, and Chainlink

This week saw a serious correction throughout the entire cryptocurrency market. Bitcoin lost, at one point, about $13,000 of its value as it went through one of the most serious declines since the start of the current bull run. With this said, we take a look at the following cryptocurrencies. Bitcoin Bitcoin has seen a […]
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Kraken Valuation, Millions Of Crypto Robinhoods, 1inch Bridge + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Exchanges newsKraken is in talks to raise new funding that would see its valuation more than double, to more than USD 10bn, reported Bloomberg, citing a person familiar with the matter. The company is in discussions with firms
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cointelegraph

Fetch.ai spinoff launches decentralized commodities exchange

Mettalex claims to be fully decentralized, meaning “no counterparty and no single point of control.”

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Fetch.ai spinoff launches decentralized commodities exchange

Mettalex claims to be fully decentralized, meaning “no counterparty and no single point of control.”
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From Gold to Greenbacks: A Look at the US Dollar’s Devaluation, Manipulation and Militant Backing

228 years ago the U.S. dollar was created and ever since then, the national currency has been both powerful and controversial at the same time. Moreover since 1971, after being backed by precious metals for decades, American dollars have been backed by nothing and estimates say a quarter of the U.S. monetary supply was created […]
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Ethereum, Binance Smart Chain, and the waning belief in decentralization

Binance Coin has risen exponentially this year, with BNB’s hike yet another feather in the cap of the world’s biggest crypto-exchange. Of late, however, it isn’t the exchange or the token that is grabbing the most eyeballs. Instead, it is Binance Smart Chain, a “high-performance blockchain with emphasis on smart contracts programmability.” Consider this – […]
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Grayscale is Exploring 23 New Crypto Trusts Including LINK, DOT, ADA

In brief: Grayscale Investments has announced that it is exploring the addition of 23 new digital asset trusts The list includes Chainlink, Cardano, Polkadot, Aave, just to name a few Grayscale’s announcement confirms earlier speculation that it was in the process of creating new trusts The Wall Street Investment firm of Grayscale has confirmed that it is exploring the addition of several new product offerings. Grayscale is now considering the following 23 digital assets as part of meeting investors’ demand […]
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FTX Traders Can Now Short the Pandemic, Long the Olympics

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Bitcoin price flies solo? Institutional crypto push may be overrated

Bitcoin’s market cap broke the $1 trillion barrier without a final push from institutions — could their influence be overrated?
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cointelegraph

Bitcoin price flies solo? Institutional crypto push may be overrated

Bitcoin’s market cap broke the $1 trillion barrier without a final push from institutions — could their influence be overrated?

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cointelegraph

Many pieces of the Diem puzzle still missing as launch gets delayed

Besides securing approval from Swiss regulators, Diem seems likely to face opposition from government regulators in many countries.

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cointelegraph

DeFi mainstays headline Grayscale’s list of new products under consideration

Ethereum protocols account for over a third of Grayscale's assets under consideration for listing as exchange-traded products.

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cointelegraph

China’s CBDC is about domestic dominance, not beating the dollar

The notion of China racing to launch a CBDC that will end U.S. monetary supremacy doesn't hold up if you look at the facts on the ground.

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cointelegraph

FCA releases detailed 5-point plan to make UK a fintech powerhouse

A 108-page report details how the United Kingdom can retain its status as one of the global centers for fintech innovation and business.

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cointelegraph

Why is Bitcoin $86K in Nigeria? Here's why the BTC premium is huge in some countries

Traders are accustomed to slight price differences between exchanges, but is a 70% gap sustainable?

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cointelegraph

Elon Musk unfazed by rumored possibility of SEC probe into Dogecoin tweets

The Tesla CEO avowedly loves "dogs and memes" and is greeting the alleged possibility of federal scrutiny of his Dogecoin tweets with a consistently droll attitude.

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cointelegraph

Belarusian government explores potential move into crypto mining

The Ministry of Energy of the Republic of Belarus has launched an investigation into the potential pros and cons of crypto mining.

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cointelegraph

Bitcoin price 'macro top'? Not so fast — Data shows the real FOMO isn't even here

If this bull cycle is like 2017 or even 2019, then the majority of investor "FOMO" and associated price gains lie ahead.

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cointelegraph

Bitcoin needs clear regulations to be less volatile, Bridgewater analyst says

Bitcoin will become more stable and liquid when regulatory certainty is in place, Bridgewater’s director of investment research argued.

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cointelegraph

FATF updates guidance on crypto service providers, calls for public comments

The Financial Action Task Force is looking to adapt its guidance standards for stablecoins and crypto peer-to-peer transactions.

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cointelegraph

Chicken and greens: $97B retail firm uses IBM blockchain to track food supply

Multinational retail giant Carrefour will use IBM's blockchain tech to track two major food categories as part of a growing reorganization of global supply lines.

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cointelegraph

Bitcoin price nears $44K as large Coinbase outflows fail to stop the sell-off

It seems weak hands are not done selling, and data hints that institutions, as ever, are reaping the benefits.

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cointelegraph

One of Switzerland’s leading banks now offers crypto trading

Bordier & Cie partners with digital asset bank Sygnum to offer crypto trading to clients.

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cointelegraph

Kraken seeks $10B+ valuation in new funding round: Report

Kraken is reportedly in talks with top investment firms including Fidelity and Tribe Capital for a fundraising round that could value the company at $10 billion or more.

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cointelegraph

More Aussies invest in cryptocurrency than in gold and silver: Survey

A new poll has found that more Australians invest in cryptocurrencies than in gold and silver .... but only by a tiny margin.

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cointelegraph

Crypto leaders back MIT’s four-year initiative to harden Bitcoin’s security

Crypto industry captains are throwing their support behind a long-term project from MIT’s Digital Currency Initiative to enhance Bitcoin’s security.

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cointelegraph

Beeple NFT sells for record $6.6M as bidding for 'Everydays' at Christie's hits $2.2M

Beeple’s Crossroads NFT has been resold for $6.6 million, more than 100 times its original price, and smashing the previous record of $1.5 million for an individual NFT.

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cointelegraph

JPMorgan note to clients endorses 1% allocation to Bitcoin as a hedge

Bitcoin would serve as a hedge against fluctuations in traditional assets.

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cointelegraph

6M noobs have bought coins on Robinhood Crypto already in 2021

Retail users have flocked to cryptocurrencies in 2021, with Robinhood reporting an increase in new monthly crypto traders of 15 times last year's average.

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