Trump’s inauguration may trigger crypto sell-off, says Arthur Hayes

Bitcoin appears in no mood to celebrate despite Japanese stocks fully recovering from a historic drop.

The recent collapse of crypto-friendly bank Silvergate will likely increase regulatory scrutiny on the ties between the crypto industry and the banking sector in the U.S. 390 Total views 15 Total shares Own this piece of history Collect this article as an NFTThe collapse of crypto-friendly bank Silvergate will likley have a significant impact on…

Grayscale’s Bitcoin Trust now holds more than 500,000 Bitcoin, surpassing $8.3 billion in value. 2571 Total views 17 Total shares Cryptocurrency fund manager Grayscale Investments now holds more than 500,000 BTC in its Bitcoin Trust. According to a Nov. 16 post, Grayscale now holds to $8.35 billion worth of Bitcoin— equating to 2.69% of Bitcoin’s (BTC)…

Hester Peirce, commissioner at the United States securities regulator, has urged for a less cautious approach towards innovation in the exchange-traded funds (ETFs) space on the regulator’s part. The Financial Times reported on her remarks on June 2.Per the report, the Security and Exchange Commission’s (SEC) Peirce called on her co-commissioners to allow for innovation…

The US President said during a press conference that he would consider allowing Edward Snowden to return from his 7-year ‘exile’ in Russia. 1103 Total views 19 Total shares Edward Snowden may be able to return to the United States if Donald Trump chooses to grant the whistleblower a presidential pardon.According to an Aug. 15…

Bitcoin (BTC) has been witnessing a tough battle between the bulls and the bears near the $25,000 level. A clear winner may not emerge in the short term due to a lack of a catalyst and because there is no major macro economic data scheduled for this week in the United States. Data points from…

UK multinational banking and financial services company Standard Chartered (SC) disclosed it is working on a blockchain pilot for bank guarantees using R3 Corda blockchain technology in a press release Thursday, August 30.In partnership with Siemens’ financing arm Siemens Financial Services (SFS) and trade finance platform TradeIX, the pilot began operating in March and aims…

Bitcoin fails to halt a low-timeframe BTC price decline for long as traders look to the week's final US jobs data.

The commercial, state-run Bank of China, not to be confused with the People’s Bank of China, announced its plans to invest further in fintech innovation, according to local news outlet The Paper August 9. Citing comments at a press conference on the banking industry, The Paper reports that the Bank of China’s Chief Information Officer…