Number of Bitcoin wallets holding 100–1K BTC soars after Tesla’s $1.5B buy-inThe amount of Bitcoin (BTC) held by whales increased by around 14% after Tesla (NASDAQ:TSLA) announced its foray into the cryptocurrency sector in early February 2021.

The latest data from on-chain analytics platform Glassnode shows an inflow of roughly $19.5 billion wor…[Read more]

EOS Jumps 20% In Bullish TradeEOS Jumps 20% In Bullish Trade
Investing.com – EOS was trading at $7.6317 by 08:34 (12:34 GMT) on the Investing.com Index on Thursday, up 20.45% on the day. It was the largest one-day percentage gain since May 24.

The move upwards pushed EOS’s market cap up to $7.1711B, or 0.41% of the total cryptocurrency market…[Read more]

The Parade Continues: Russia Has Announced When It Will Introduce the Digital RubleMore governments are now looking the way of digital currencies, with Russia finalizing its plans to launch testing.
Elvira Nabuillina, head of the Russian Central Bank has revealed that trials for the digital Ruble will commence in 2022.
Plans for the digital…[Read more]

Ripple CEO Speaks on Future of Cryptocurrency and XRP© Reuters. Ripple CEO Speaks on Future of Cryptocurrency and XRP
Ripple CEO Brad Garlinghouse laments the lack of clear crypto regulations.
Garlinghouse believes the lack of clarity is setting the US behind.
Also, CNBC included Ripple in its CNBC Disruptor 50 list.
Ripple CEO, Brad…[Read more]

Hong Kongers use blockchain to save evidence of anti-authoritarian strugglesBlockchain’s potential to sustain a distributed, tamper-proof infrastructure for collective digital memory has taken on an unexpected political salience for citizens in Hong Kong.

Soon after Hong Kong’s public broadcaster Radio Television Hong Kong, or RTHK, revealed its…[Read more]

Still Ticking: Tether Prints Money Out of Thin AirStill Ticking: Tether Prints Money Out of Thin Air
A tweet from Mr. Whale indicates that 1,000,000,000 USDT were minted by Tether and sent to an address.
While there has been a buzz about how this move by Tether will bolster the falling values of the global cryptocurrency market capitalization,…[Read more]

Restricting crypto trading to millionaires good for Hong Kong, says officialChristopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury has defended the recent proposal by the city’s Financial Services and the Treasury Bureau to ban retail crypto trading.

In a speech delivered at StartmeupHK virtual fintech summit on Thu…[Read more]

Banks cautious about crypto ahead of COVID-19 testimony before US SenateMajor Wall Street bank executives will appear before the United States Senate Banking Committee on Wednesday to discuss the role of their financial institutions in the recovery of the American economy.

Democratic lawmakers plan to grill a number of major bank execs, whose…[Read more]

Uniswap and DeFi Exchanges Are the Winners of Ethereum’s Market CrashUniswap and DeFi Exchanges Are the Winners of Ethereum’s Market Crash
During the market selloff last week, the trading volume on DEX sky-rocketed.
Uniswap benefited the most from Ethereum’s market crash.
Uniswap and decentralized exchanges are the winners of Ethereum’s market…[Read more]

Elon Musk not right person to lead green Bitcoin debate, Nic Carter saysCastle Island Ventures’ Nic Carter doesn’t think Elon Musk is the right person to lead the “clean Bitcoin“ debate, “possibly not as far as the Bitcoin community is concerned.”

He told Bloomberg, “Bitcoiners are still intensely skeptical of Musk, and they view him as confli…[Read more]

Crypto Crackdown Speeds China Shift to Central Asia, North America MiningChinese crypto crackdown accelerated manufacturers of miners to shift from China.
China is slowly losing its grip as a bitcoin mining powerhouse.
North America gears up to compete with China.
Beijing’s crypto crackdown rapidly accelerated manufacturers of miners to shift f…[Read more]

Colorado Governor Announces Plan to Accept Crypto for State TaxesThe governor of Colorado, Jared Polis, has said that he is making plans for the state’s residents to accept crypto payments. According to Polis, he […]

Nebraska signs law to authorize state-chartered banks to custody cryptoA crypto-friendly bill — co-authored by a cryptocurrency firm and first introduced by Republican state senator Mike Flood this January — was signed into law today in Nebraska.

The Nebraska Financial Innovation Act was one of Senator Flood’s first initiatives, introduced sca…[Read more]

XRP Partners With Bank Dhofar, Oman’s Second- Largest BankXRP Partners With Bank Dhofar, Oman’s Second- Largest Bank
Ripple partners with Oman’s second-largest bank, Bank Dhofar.
Bank Dhofar will collaborate with IndusInd Bank, a well-known bank in India.
Customers can rapidly transfer up to OMR 1,000 ($2,600) using Bank Dhofar’s app.
On Wednesd…[Read more]

As Investors Flee Crypto, Gold Holds SteadyInvestors are pulling out of crypto and putting their money into gold ETFs, writes gold commentator Frank Holmes for Forbes. The week before last, investors yanked their money from Bitcoin on the heels of China’s crackdown on cryptocurrency mining and Elon Musk tweeting that he would suspend Tesla p…[Read more]

XRP Partners With Bank Dhofar, Oman’s Second- Largest BankXRP Partners With Bank Dhofar, Oman’s Second- Largest Bank
Ripple partners with Oman’s second-largest bank, Bank Dhofar.
Bank Dhofar will collaborate with IndusInd Bank, a well-known bank in India.
Customers can rapidly transfer up to OMR 1,000 ($2,600) using Bank Dhofar’s app.
On Wednesd…[Read more]

Comparison of Token Vesting OptionsFollowing increased exit scams and rug pulls in the crypto space, crypto players have developed several ways of protecting crypto investors from such scams. One such means of protecting investors is using liquidity lockers integrating several features, including token vesting. Token vesting refers to locking up…[Read more]

Hong Kong Uses Blockchain to Fight Media CensorshipHong Kong Uses Blockchain to Fight Media Censorship
RTHK a public broadcaster is deleting content covering the uprisings in Hong Kong.
In response, People in Hong Kong are using blockchain to store the deleted content.
Users are mainly using a blockchain called LikeCoin for storage.
People in Hong…[Read more]

ETF Wrap: ETF Wrap: Cathie Wood’s Ark Investment funds aim for a comeback, and more bitcoin ETF applicationsEvery week we highlight the most timely exchange-traded fund news, from new launches to inflows and performance.