Thursday, June 24, 2021

Arcane Crypto Lists on Nasdaq First North After Reverse Takeover

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The Norway-based investment company is now known as Arcane Crypto AB and trades as "ARCANE." Source link

Market Wrap: Bitcoin Rangebound as XRP Plummets After SEC Lawsuit

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Bitcoin’s price continues to trade below $24,000 as legal action against Ripple Labs rattled the XRP market. Bitcoin is the only asset in the CoinDesk20 with a positive 24-hour return...

All Over the World, Small Investors Jump Into the GameStop Frenzy

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The world is watching U.S. markets with great interest, and more than a little FOMO, as Reddit investors continue to test their might against Wall Street.It all started when retail...

US Seized More Than $1B in Silk Road–Linked Bitcoins, Seeks Forfeiture

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The seizure on Tuesday, tied to the Silk Road marketplace, is reported to be the largest the U.S. has ever done. Source link

Total Value Locked in DeFi Sector Hits Record $13.6B

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The U.S. dollar value of the cryptocurrency liquidity locked up in decentralized finance is surging, buoyed by big gains for some lesser known projects. Source link

Guggenheim CIO Says Bitcoin Could Eventually Climb to $600,000

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Scott Minerd, chief investment officer of the multi-billion dollar investment firm Guggenheim Partners, has revised his previous prediction for bitcoin’s long-term price potential.In an interview with CNN’s Julia Chatterley on...

JP Koning: Bitcoin, the Perfect Trading Machine, Hooks Icons

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No group of speculators was more notorious in the 1980s and 1990s than Stanley Druckenmiller, Paul Tudor Jones and George Soros. Druckenmiller famously bet $2 billion on the Deutsche mark...

eToro Adds Insolvency Insurance Policy – Crypto Users Not Included

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The free insurance scheme covers customers for up to £1 million if the firm should ever become insolvent. But crypto holders are left out in the cold. Source link

Bitwise Files for Approval to Publicly Trade Its Bitcoin Fund

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Bitwise Asset Management, a provider of cryptocurrency index funds, is seeking regulatory approval that would enable it to publicly trade shares of its bitcoin fund on an over-the-counter (OTC) marketplace.According...

Anti-Privacy Regulations Pose Risks for Crypto Investors, Bank of America Says

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A Bank of America cryptocurrency report warns of the risks and potential market disruption from anti-privacy government measures. Cryptocurrencies “challenge the ability of governments to levy taxes and to control...

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