After already investing in Algorand’s private rounds years ago, Arrington Capital has now announced the launch of a dedicated $100 million USD fund to invest in the Algorand ecosystem by financing projects that show a high level of potential in the financial sector, including native coins. The partnership with Algorand for the launch of the […]
Multi-trillion asset manager State Street launches digital currency division
The second-oldest continuously operating U.S. bank, State Street, has launched a new division dedicated to cryptocurrency and digital assets. Multi-trillion dollar asset manager, State Street Corporation, has become the latest financial institution to announce the launch of a dedicated digital finance division. State Street, the second-oldest continually operating bank in the United States, announced the […]
BarterTrade V2 Launches With Advanced Social Trading, Auto KYC and Institutional Grade Liquidity
BarterTrade, is a cryptocurrency trading ecosystem that upgraded to more advanced V2 on 6th May, 2021, implementing significant benefits and new features for traders. Understanding crypto traders’ needs is a key ingredient of the relaunch, which includes features such as a 0% trading fee, institutional liquidity, auto KYC and a new customer support. Bartering or […]
Wisebitcoin Lists the LINK/USDT Trading Pair
The post Wisebitcoin Lists the LINK/USDT Trading Pair appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Wisebitcoin launched LINK trading against USDT on May 28, 2021. Deposits, withdrawals, and trading have all been opened to Wisebitcoin users. By providing liquidity, fast transactions, low fees, and a clean, intuitive UI to traders, […]
Bitcoin Mining Council unveils details, confirms Elon Musk has ‘no role’
MicroStrategy boss Michael Saylor heads up the group which aims to foster Bitcoin education. The Bitcoin Mining Council made a formal debut on Thursday as the debate regarding the environmental impact of the digital asset intensifies. The Bitcoin Mining Council describes itself as a “voluntary and open forum of Bitcoin miners committed to the network […]
SEC warns investors of the risks with Bitcoin futures
The SEC has warned that “investors should understand that Bitcoin, including gaining exposure through the Bitcoin futures market, is a highly speculative investment.” The U.S. Securities and Exchange Commision (SEC) has warned investors about the risks of Bitcoin futures trading — citing market volatility, a lack of regulation and fraud to name a few issues. […]
Ultra-Exclusive Surfside Penthouse in Miami Sells for $22 Million in an All-Crypto Deal
On May 27, the state of Florida saw one of the largest real estate sales in cryptocurrency, as a Miami Beach ultra-exclusive luxury penthouse was sold for over $22 million. The penthouse located on the ninth floor of the 12-story building offers 5,067 square feet of space and a 2,960-square-foot terrace with oceanfront views. One […]
IMF sounds ‘legal, economic’ alarms over El Salvador’s Bitcoin adoption
The International Monetary Fund (IMF), a global, intergovernmental economic and financial body, condemned El Salvador’s move to make Bitcoin an official ‘legal tender’ in the country citing economic and legal risks. “Adoption of Bitcoin as legal tender raises a number of macroeconomic, financial, and legal issues that require very careful analysis,” said Gerry Rice, an […]
Shanghai Man: Bitcoin interest drops in China amid crackdown on social media and miners
Xinjiang crypto miners forced to shut down, Antpool hash rates drop by 30%, and Baidu and Weibo try to scrub crypto players from their platforms. 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 […]
Spain Prepares for Tax Returns Season With Crypto Traders in Sight
Spain nears the final day for its citizens to file their tax statements, and this year cryptocurrency traders are in the sights of tax authorities. Any trader that has obtained revenue after selling cryptocurrencies must file taxes and pay a percentage of the operation. However, many new traders are still unsure of what needs to […]