Monthly Archives: April 2021

Former Comptroller of the Currency Brian Brooks to Lead Binance’s US Trading Platform

A former top regulator and acting head of the U.S. Comptroller of the Currency, Brian Brooks has been appointed the CEO of crypto exchange Binance.us. Brooks will lead the exchange on May 1st and replace the company’s current lead, Catherine Coley. Binance has hired an individual with ties to Washington, as the company’s American trading platform Binance.us will have Brian Brooks lead the exchange. According to the Wall Street Journal’s Alexander Osipovich, the former acting boss of the Office of the Comptroller of the Currency (OCC) will […]

More info

Why Bitcoin’s Price Has Stayed Above $50,000

What we have learned about bitcoin after the unexpected hash rate drop reinforces the bullish narrative. Emiliano Grodzki is CEO and a founder at Bitfarms, one of the largest public bitcoin mining operations in the world. What We Learned From Bitcoin’s Hash Rate Drop Bitcoin has been riding high of late. Yet over the weekend, panic ensued following a significant drop in its network hash rate, down roughly 49%, the biggest 24-hour reduction in Bitcoin’s history. Much is being speculated as to the cause of this, including […]

More info

Interview: Understanding The Bitcoin Market With Glassnode’s Rafael Schultze-Kraft

Glassnode’s Rafael Schultze-Kraft joined “The Bitcoin Magazine Podcast” to discuss the insight offered by on-chain Bitcoin analytics. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast This week for “The Bitcoin Magazine Podcast,” host Christian Keroles and guest host William Clemente sat down with Rafael Schultze-Kraft, the CTO of Glassnode. Glassnode is an on-chain analytics company and it thrives by making it accessible and easy for Bitcoin enthusiasts, investors and analysts alike to get their hands on cutting-edge metrics and indicators for […]

More info

Gemini exchange’s crypto custody doubled since January, reaching $25B

Gemini Custody has quickly emerged as a leading platform for institutional investors. The Tyler and Cameron Winklevoss-owned Gemini exchange announced a major milestone on Tuesday, as total cryptocurrency held in custody surpassed $25 billion for the first time.  In charting its impressive growth, Gemini touted growing participation from institutional investors over the past year. Gemini Custody’s assets have more than doubled since the start of 2021. “Our custodial services are used by some of the worlds largest asset managers including BlockFi, Blockchange CoinList, CI Global Asset Management, […]

More info

Ohio senator wants clarity for crypto tax reporting in proposed bill

Senator Rob Portman said lawmakers were “still pulling in information” on crypto to formulate the bill, implying he announced it to the public prematurely. A Republican lawmaker from Ohio is preparing legislation that would reportedly be aimed at preventing U.S. citizens from evading taxes on their crypto earnings. In an interview with CNBC’s Squawk Box today, Senator Rob Portman said he hoped to introduce a bill with bipartisan support after the next congressional recess which would address the problem of many crypto users in the U.S. not […]

More info

Exchange tokens bounce from key support levels as COIN looks for direction

Bitcoin’s sharp correction to $50,000 brought Binance Coin, FTX Token, OKex and Huobi Token to their lower support levels but data shows there is still a bullish case for exchange tokens. A lot of hype was built up before the Coinbase listing on the Nasdaq on April 14 and several cryptocurrencies rallied in the run-up to the event. However, traders usually buy the rumor and sell the news. In this case, they bought until the event, and then several investors seem to have booked profits aggressively. This […]

More info

Snack companies are openly celebrating 4/20 thanks to DOGE

Since Slim Jim began furiously promoting Dogecoin on Twitter in February, the number of followers on its account has quintupled. United States-based meat snack Slim Jim is the latest food brand to jump into the crypto space by promoting the meme-centric cryptocurrency Dogecoin. In a tweet today, Slim Jim announced it was launching its own nonfungible token, or NFT, featuring the Dogecoin (DOGE) Shiba Inu on the face of the moon underneath a rocketship with the body of the slender meat snack. The NFT offering follows a fury of […]

More info

B2Broker Continues to Work Hard to Deliver a Full Suite of Technology and Liquidity Solutions

PRESS RELEASE. B2Broker is a technology and liquidity provider serving clients in the crypto and foreign exchange (FX) industry with over 165 employees worldwide. Since setting out in 2014, the company has secured some of the most well-known global clients in the financial services industry, resulting in over 350 institutional customers to date. The company has a strong track record of releasing new and updated products to cater for its expanding client base and is now recognised as having the deepest multi-asset liquidity pool in the industry, […]

More info

Communist Party of Cuba Suggests Including Cryptocurrencies as an Alternative to Deal With Economic Crisis

When a country faces a severe economic crisis or living in a long-lasting political turmoil, cryptocurrencies are often discussed as an alternative to deal with the tough times. Although cryptos are not an unfamiliar issue in Cuba, the Communist Party of Cuba (PCC) has been recently showing interest in digital assets to face the economic crisis. Party Delegates Want to Assess Feasibility of Cryptos in the ‘Current Economic Conditions’ According to Directorio Cubano, some members of the PCC suggested that the country should make its inception into […]

More info

Despite Hash Rate Drop, Surge In Transaction Fees, Bitcoin Is Resilient

A recent plummet in hash rate and spike in transaction fees has raised some questions about Bitcoin’s resilience. But they shouldn’t. Over the weekend, the Bitcoin hash rate dropped off a cliff, leaving many industry participants wondering what had happened. Over the last couple of days, information and context has been provided by industry experts as to what was behind this steep fall in hash rate. For instance, this Twitter thread by While a plummet in hash rate caused by regulations in a single country left many […]

More info
1 2 3 6