Day: January 22, 2021

Some Russian officials are being forced to sell their crypto by April 2021

boss

Russia adopted its cryptocurrency law in January, but this legislation does not provide a direct answer to some questions, including how local officials should deal with their crypto holdings. There are at least two other legal initiatives requiring Russian public officials to declare or even get rid of their cryptocurrency holdings entirely in 2021. On Dec. 10, 2020, Russian President Vladimir Putin signed a decree obliging some public officials to disclose their crypto holdings by June 30. The decree was adopted as part of the country’s law “On Digital Financial…

Bitcoin Exchange LVL Launches Mastercard Debit Card

boss

Upstart cryptocurrency exchange LVL is opening pre-orders for a Mastercard debit card linked to bitcoin and fiat accounts. The card is among Mastercard’s premium products and can be used anywhere globally, said LVL CEO Chris Slaughter. Mastercard did not respond to requests for comment by press time. “It took a couple of months to get [Mastercard] to be comfortable with it being connected to crypto,” Slaughter said. “Convincing them that it was aligned with their premium brand was more involved because their view on crypto businesses is that they’re transactional…

Bitcoin Mining Stocks EXPLODE on NASDAQ

boss

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ►Clip taken from Digital Asset News Channel – ➡️ ► DESCRIPTION: Bitcoin Mining Stocks EXPLODE on NASDAQ ●▬▬▬DAILY STORY LINKS▬▬▬▬● Story #1 LINK – ●▬▬▬▬▬▬▬CRYPTO ESSENTIALS▬▬▬▬▬▬● 🟧 (100% FREE!) Learn Crypto in a SIMPLIFIED & STRUCTURED Way. 🟧 Check Out the DAN Website ► 🔹🔷 Join the DAN CARDANO STAKE POOL – 🔷🔹 ⑆ NANO LEDGER – 20% OFF NANO X! (CODE: LedgerLive-DAN) ⑆ LINK – 📙 KEEP all your Mnemonic/Seed Phrases & Passwords SAFE in a STONEBOOK 📙 Water/Tear/Tamper Resistant +…

Singapore Exchange to streamline trading processes with blockchain tech

boss

The use of DLT can bring efficiencies to many aspects of the lifecycle of financial products, from listing and issuing, through to settlement of trades. Singapore’s stock exchange, SGX, has announced a joint venture with investment firm, Temasek, to use distributed ledger technology to streamline the issuance and trading of financial products listed on its platform. According to a Jan. 22 report from Nikkei Asia, this will initially consider bonds, funds and sustainable financial products, and may be extended in future to cover other asset classes such as equities. SGX…

Hacken Community Launched First Grey Hat Hackers Competition to Fight Cyber Crime

boss

In the wake of the Covid-19 millions of people have been subjected to months inside their homes as governments scramble to control the spread of the virus. This event is unparalleled in modern times and has affected almost every industry imaginable, including cybersecurity. Cyber Attacks On The Rise With millions more people online the potential profit for black hat hackers and cybercriminals drastically increases. Last October NORDVPN announced that cyber attacks were up as much as 400% on pre-covid levels. With this new influx of attacks cybersecurity leaders like Hacken.io…

Global Investment Manager VanEck Files for Digital Asset ETF with SEC

boss

Bitcoin-based ETF may see the light of the day under the new Biden’s administration with Elad Roisman who will be the head of the SEC. New York-based investment management firm VanEck has filed for Digital Asset ETF with the United States Securities and Exchange Commission (SEC) to enable it to track crypto-based companies’ performance. Filed on January 21, the new fund will be used to track the market performance for the Global Digital Asset Equity Index that is run by its subsidiary MV Index Solutions. According to the SEC filing,…

Bitcoin Tests a Critical Resistance Following Overnight Rebound; What’s Next?

boss

Bitcoin has seen some massive momentum throughout the morning that has allowed it to erase a good portion of the losses that came about due to yesterday’s plunge This selloff marked capitulation amongst investors, with many clearly fearing that the multi-month uptrend that led BTC to highs of $42,000 was over and that a deep retrace was imminent Nonetheless, bulls have since gained full control over the crypto’s price action, and it is now positioned to see significantly further near-term upside One analyst is pointing to the recently broken below…

Bitcoin News Roundup for Jan. 22, 2021

boss

With bitcoin back above $30K and analysts calling for a deeper correction, CoinDesk’s Market’s Daily is back with the latest news roundup. Add Markets Daily to your Alexa Flash Briefing here. This episode is sponsored by Nexo.io. Today’s stories: First Mover: Bitcoin Newbies Get Volatility Lesson as Old Pros Lament FUD A mixture of bearish price-chart patterns and ill-understood news items combined to cause bitcoin’s biggest price plunge since March, in a demonstration to market newcomers of the cryptocurrency’s notorious volatility. Bitcoin worries ‘fading’ as crypto goes mainstream, S&P says…

Crypto Lending and DeFi Can Become Threat to Banking System

boss

Today, the most reliable options are hybrid services like BitcoLoan, which provide users’ finances with a reliable platform to work with. 2020 marks a new milestone in digital finance. Cryptocurrencies have received a powerful impetus, a lot of new products have appeared in this area, and the capitalization of the digital asset market is growing rapidly. The main cryptocurrency has risen in value several times during the year thanks to the increased interest of both private and institutional investors, causing a significant increase in demand. At the same time, the…

Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses – Market Updates Bitcoin News

boss

Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at $28,800 per unit on Thursday afternoon, and a number of other crypto-assets saw significant losses as well. Currently, as digital currency trading sessions head into the weekend, the crypto economy has regained some of the losses suffered during the last few days. Crypto Markets Attempt to Heal During the last 48 hours, the leading cryptocurrency…