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“# Citigroup considers crypto amid surge in customer demand on Wall Street ” Citigroup is reportedly considering offering crypto-related services to its customers in response to rising demand, specifically from asset managers and hedge funds. The financial services firm’s global head of foreign exchange, Itay Tuchman, told the Financial Times on Friday that the investment…
“# Ethereum Classic gains 300% in one week as traders rush to buy the ‘wrong Ethereum’ ” The “original” yet ironically “wrong” Ethereum and Telcoin (TEL) are leading a fresh altcoin surge this week. Bitcoin (BTC) fans are already calling time on the fun. Ethereum Classic (ETC), the pet favorite of Digital Currency Group founder…
“# Ivanka Trump’s luxury Miami apartment block accepting crypto for condos ” Luxury Miami apartment Arte Surfside will now accept cryptocurrency as a form of payment for its remaining luxury residences — including the Villa Nove penthouse, currently listed for $38 million. The firm has partnered with trading platform SolidBlock, allowing potential buyers to pay…
“# Square’s earnings 2.5X expectations, Bitcoin revenue up 1000% in 12 months ” U.S.-based financial services firm, Square Inc, reports that its quarterly earnings doubled analyst expectations amid booming demand for crypto assets. Global financial data provider Refinitiv had predicted Square would see earnings of 16 cents per share in Q1 2021, but the firm…
“# Shanghai Man: VeChain on TV, DOGE flips BTC volume, Hotbit hack and more … ” This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Will DOGEmania ever stop? Dogecoin has officially…
“# Altcoins rally as bulls pile into large-cap tokens and layer-1 projects ” The cryptocurrency market provides investors with another day of ‘altseason’ as the majority of altcoins in the top 100 on CoinMarketCap rallied today. Several large-cap tokens reached multi-year highs and this all took place as Bitcoin (BTC) price struggles to hold any…
“#SEC’s Gary Gensler eyes crackdown on apps that ‘gamify’ trading” Wall Street’s new top cop said he’s fixing his gaze on the rising use of social-media apps for stock trading — and a clampdown may be coming. Gary Gensler, the new chairman of the Securities and Exchange Commission, told the House Financial Services Committee on…
“# Indian start-up organization proposes regulatory framework for crypto ” IndiaTech.org, an industry association representing India’s consumer internet startups and investors, is backing wants to provide clear definitions for the cryptocurrency industry. On Wednesday, the association released a white paper including a policy proposal with recommendations for a regulatory framework for crypto-assets and crypto exchanges in…
“# Bitcoin clips $58K as Dogecoin stalls and adoption news fuels bulls ” Bitcoin (BTC) touched $58,000 on Thursday as the latest phase of its comeback seemed to come at the expense of altcoins. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin claws back lost limelight Data from Cointelegraph Markets Pro and TradingView showed BTC/USD’s…
“# Coinbase crypto exchange to close San Francisco headquarters in 2022 ” Nasdaq-listed cryptocurrency exchange Coinbase is going completely remote and closing is its head offices in San Francisco. Coinbase announced Wednesday that it will shut down its former headquarters in the Golden Gate City in 2022 as part of its commitment to “being remote…