Monthly Archives: February 2021

PayPal to offer crypto payments for merchants, limited trading on Venmo

After their limited crypto trading service “exceeded expectations,” the company will double down on crypto, blockchain, and digital currencies in 2021 After a limited buy/sell/hold crypto trading launch that “exceeded expectations,” PayPal CEO Dan Schulman said on the company’s Q4 earnings call today that the payments giant is ready to double down on cryptocurrencies.  “We also saw an exceptional response from our crypto launch,” said PayPal CEO Dan Schulman. “[…] The volume of crypto traded on our platform greatly exceeded our expectations.” Schulman said that crypto would be […]

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Dan Tapiero launches $200M investment fund for late-stage crypto firms

The SEC filing notes the 10T Fund’s first sale occurred on Jan. 29, with $76 million remaining to be sold. Macro investor Dan Tapiero has launched a $200 million fund intended to invest in mid- to late-stage companies in the digital asset ecosystem. According to a Notice of Exempt Offering of Securities filing today with the U.S. Securities and Exchange Commission, or SEC, Tapiero and his 10T Holdings partners Michael Dubilier and Stan Miroshnik have given the regulatory body notice of a $200 million growth equity fund […]

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Japanese Pop Star Talks About Her Facet as Crypto Investor — J-Pop Band Releases NFT Trading Cards

Asian showbiz stars have been actively speaking about cryptocurrencies on major broadcasting networks. The Japanese pop sphere is not lagging behind, as one of its stars was featured in an interview talking about cryptos. Former Nogizaka46 Band Member Already Sold Her Crypto Holdings Nakada Kana, a former founding member of the Oricon chart-topping girl group Nogizaka46, spoke about her ventures as a crypto investor during a show aired by TBS, a major Japanese TV channel. Nakada Kana. In the interview on “Sunday Japon,” Kana revealed that she […]

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UK investment manager sells off half BTC holdings after $750M win

“The economic environment for Bitcoin right now could not be better,” said Duncan MacInnes. United Kingdom-based Ruffer Investment Management has made more than $750 million from its Bitcoin investment in less than two months, but it has decreased the size of its holdings. According to a report from British news outlet The Telegraph, Ruffer saw “immediate fireworks” after investing roughly 2.5% of its assets into Bitcoin (BTC) in November 2020, resulting in millions of dollars in gains as the price of the crypto asset rose past $20,000 […]

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Altcoins and DeFi tokens rally as Ethereum price hits $1,650

Bitcoin bulls are chasing after $40,000, Ethereum price hit a new all-time high at $1,650 and DeFi tokens are still outperforming everything. Sentiment throughout the cryptocurrency sector continues to improve as Ether (ETH) price ventured into uncharted territory and notched a new all-time high of $1,653 on Feb. 3.  Meanwhile, Bitcoin (BTC) bulls appear to have their eyes set on the $40,000 mark and according to Cointelegraph analyst Marcel Pechman, this Friday’s $1 billion BTC options expiry favors bulls. Data from Cointelegraph Markets and TradingView show a […]

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Bityard Launched ‘Grayscale Zone’ to Let Users Trade Coins Related to Grayscale Investment Trusts

PRESS RELEASE. As an exchange that offers professional crypto trading services, Bityard has been focusing on the fast-changing market as well as the increasing needs of global investors. In 2020, Bityard, with Binance as the liquidity supplier, started offering crypto spot trading services with more than 30 types of trading pairs. Moreover, Bityard also launched “Grayscale Zone” recently to let its users to trade coins related to Grayscale investment trusts, which is a friendly design for both experienced investors and crypto beginners. Compared to some risky altcoins, […]

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Bitcoin, Debt And Elasticity: A Rebuttal To Michael Green

In the same way that a year passes through a series of seasons, so too does Bitcoin appear to follow a seasonal trajectory during each halving cycle.  As we enter Bitcoin Spring, price discovery and growth within this industry will begin to accelerate as Bitcoin begins to draw more interest from people outside of the community. However, growth within the industry is not the only growth to be had. In the same way that the flowers of springtime must contend with weeds, so too must Bitcoiners contend […]

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Mark Cuban issues burn notice on offensive ENS domain

One-upping this crypto troll was no problem for the crypto-savvy billionaire. Someone sent Mark Cuban a profane Ethereum Name Service domain a few days ago. After observant Twitter users recently tracked down his ether address, it was only a matter of time before a wave of unwanted spam transactions made their way into his account. This is, after all, the internet. Here there be monsters. While it isn’t entirely clear what the presumed troll’s endgame was, the word was nonetheless offensive enough to raise some eyebrows at Cointelegraph, […]

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CME chief economist hints Bitcoin is gaining ground on gold as a hedge

Why can’t we be friends? The gold versus Bitcoin debate rages on. CME Group’s chief economist and managing director, Bluford Putnam, recently acknowledged that Bitcoin is competing with gold as a hedge against inflation. “Gold appears to have an emerging competitor in Bitcoin,” told Bloomberg for a video released on YouTube on Tuesday. “Given the current price range for gold, it is likely that increased production will be a feature of 2021,” he said. Gold’s supply is less clearly defined than Bitcoin’s. Built into the asset’s code, […]

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Price analysis 2/3: BTC, ETH, XRP, DOT, ADA, LINK, LTC, BCH, BNB, XLM

Ethereum’s rally to a new all-time high boosted investor sentiment in Bitcoin and several altcoins are now surging toward new highs. Bitcoin’s (BTC) stellar run in the latter half of 2020 and MicroStrategy’s purchase of the digital asset appears to have attracted attention from several publicly listed companies in the United States. However, the lack of regulatory clarity could have deterred them from buying Bitcoin at lower levels. To address this issue, business intelligence firm MicroStrategy is hosting an online seminar on Feb. 3 and 4, where […]

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