Trading
Investments
‘Green mining’ crypto maker Chia Network valued at $500 million ahead of possible IPO
The company behind cryptocurrency Chia has raised $61 million via a Series D funding round led by Andreessen Horowitz and Richmond Global Ventures.
Investments
Every fifth hedge fund already invests in cryptocurrencies, reports PwC
Crypto-focused hedge funds have doubled their assets under management in 2020, researchers at PricewaterhouseCoopers revealed.
Banking
German bank that went nearly bankrupt in 2019 says Bitcoin is ‘wishful thinking’
Bitcoin and other cryptocurrencies are on the verge of going from "trendy" to "tacky," argued Deutsche Bank's analysts.
Banking
Goldman Sachs studies crypto as an asset class—a year after stating the opposite
In May 2020, the bank stated that Bitcoin is "not an asset class" or "a suitable investment"—but a lot has changed since that time.
Trading
Search query ‘Should I sell my Bitcoin’ skyrockets on Google Trends
Users' interest in cryptocurrencies has surged to a new all-time amid this week's panic sell-offs.
Mining
Europe and U.S. may soon take the lead in Bitcoin mining, says major Chinese pool
The latest crackdown could push Chinese Bitcoin mining industry back to the state of 2014, an expert argued.
Trading
Ex-Ripple exec Jed McCaleb dumped over $310 million in XRP this month
Ripple co-founder Jed McCaleb continues to sell massive portions of his XRP cache on a daily basis.
Regulation
Dutch Bitcoin exchange fends off Central Bank’s verification demands for crypto users
The Dutch Central Bank even forced crypto firms to ask for screenshots of their customers' wallets—but a new court order said it was unwarranted.
Payments
Greenpeace USA stops accepting Bitcoin donations due to environmental concerns
As debates about crypto's energy consumption rage on, some experts argue that Bitcoin "should die for the common good of the planet."
Hacks
Pancake Bunny token plummets by 90% after $40 million flash loan attack
Another decentralized finance platform has fallen victim to a notorious flash loan attack and saw its market cap evaporated.
Rumors
A 4chan ‘insider’ predicted yesterday ‘Bitcoin dump FUD,’ says it was China-led shakeout
An anonymous user who predicted the latest crypto bloodbath says it was just a competition between some shady "elites."
Investments
JPMorgan says investors fleeing to gold after Bitcoin dipped to near $30,000
Bitcoin's extreme volatility and crazy price swing might've pushed institutional investors back into the safety of gold, said JPMorgan's research note.