Latest Market News
Square and Afterpay Signs New Deal For The Cash App
The merger will allow the companies to deliver more enticing financial goods and services to more people.
Square Inc. Announces its Second Quarter Results for 2021
During Q2, Square faced $45 million of impairment loss on its bitcoin holdings.
Rep. Beyer Introduces New Legislation to Regulate Digital Assets
Rep. Don Beyer (D-Va.) said "the current digital asset market structure and regulatory framework is ambiguous and dangerous for investors…
SC Malaysia Bans Binance for Illegally Operating in the Country
Securities Commission(SC) has said Binance is still operating illegally despite being listed on an alert list since July 2020.
Binance to Tail off Its Futures and Derivatives in Europe
Binance tail off its Futures and Derivatives products offering in Germany, Italy, and the Netherlands.
Germany: Institutional Funds Hold up to 20% in the Crypto
Germany has approved a new jurisprudence that would allow over 4,000 institutional investment funds to invest billions in crypto assets.
Central Bank of Ireland Says Digital Euro is Matter of “How and When”
While he appreciated the idea behind the crypto, he warned about the potential risks of cryptocurrencies.
State Street to offer Crypto Services to its Private-Fund Clients
State Street said that it is partnering with Lukka Inc., a provider of middle- and back-office crypto software. to offer…
Fabric Ventures Announces New $130M Fund to Invest in the Digital Assets
Fund 2021 is backed by the European Investment Fund, Atomico, Galaxy Digital, DCG, and the founders of Ethereum, Wise, and…
CoinDCX Plans to Raise More Funds From new Investors
CoinDCX, which has been on an aggressive advertising campaign on social media and television, is looking to use the capital…
Greenidge Generation Use Its Bitcoin Mining Profit to Create New Solar Farm
The company plans to transform the Lockwood Hills site into a solar farm capable of generating 5 megawatts of electricity.
NJ BOS Extendes Time Before it Bans new BlockFi Interest Accounts(BIA)
NJ BOS has argued that the BlockFi Interest Accounts amount to unregistered securities, while BlockFi has said that they are…
Israel Proposes New Bill Track Crypto Holdings Above $61K
The Israeli Bitcoin Association (IBA) and other crypto advocates oppose the bill.
Bitcoin Reward App Lolli Raises $10m in Series A Funding
Lolli’s previous backers including Seven Seven Six, 3K VC, Gabriel Leydon and Forerunner Ventures also recommitted to the company’s latest…
USMS Makes Anchorage Digital Custodian of the Seized Digital Assets
Anchorage Digital has been selected as the provider of digital asset custody and financial services for the United States Marshals…
E-CNY to Promote the Internationalization of the Renminbi
The PBoC is confident that promoting the use of e-CNY will make RMB the world’s third-largest currency in terms of…
Robinhood Under Investigation for The Finra Registration Violation
Robinhood said it has received inquiries from FINRA and Securities and Exchange Commission about employee trades involving GameStop, AMC, and…
Binance New Update Reduces Withdrawal Limit for non-KYC Accounts
The exchange expects to adopt new withdrawal restrictions entirely by Aug. 23.
Bitcoin Miner Stronghold Filed for IPO to increase its funding
The firm plans to list its Class A common stock on the Nasdaq Global Market under the ticker SDIG.
Huobi and OkCoin to Shut Down Their Beijing Subsidiaries
China’s crypto crackdown is intensifying with an increasing shutdown of mining operations, and the miner’s migration.
Bitcoin Holdings of the tesla costs Impairment charge of $23M
The report showed that the company was still holding $1.3 billion worth of bitcoin on its balance sheet
The Cleveland Cavaliers Announced Official Partnership with Socios.com
The partnership will focus on creating awareness and branding with Socios.com through the Cavaliers global asset platform.
Stone Ridge Filed New Prospectus with SEC For Bitcoin Fund
The prospectus for Stone Ridge Bitcoin Strategy Fund appeared on the SEC website on Friday, though the actual filing date…
IMF: Cryptocurrencies are too Volatile to be a National Currency
Blog explains how crypto assets as a national currency may be a step too far, and that new digital forms…
Kaseya Denies Paying Ransom to Obtain The New Universal Decryptor
Kaseya reported it had obtained a universal decryption key that could be used by the organizations affected by the attack…
Celsius Confirms $54 Million Investment in The Core Scientific
Celsius said the investment would make it one of the largest U.S. investors in the bitcoin mining industry.
Foreign Crypto Exchanges Scrutinized By New Rules From Korean Regulators
All crypto exchanges using Korean currency must register with the Korea Financial Intelligence Unit (KFIU) by September 24th.
GlobalX Files With SEC For Bitcoin ETF In The US
NY-based fund manager GlobalX Digital Assets has joined the list of firms applying to file a bitcoin exchange-traded fund (ETF)…
RBI is Making Strong Efforts to Make CBDC a Reality
RBI working on making virtual currency reality, Reserve Bank of India at Vidhi Centre for Legal Policy
JPMorgan Now Allow Clients to Invest in The Crypto Funds
JPMorgan allows investments into Crypto Funds like Grayscale’s Bitcoin Trust, Bitcoin Cash Trust, Ethereum Trust, Ethereum Classic Products, and Osprey…
