Since the start of April, the surge in price of XRP has been backed by high tweet volumes, which approached relative highs.
US must embrace Bitcoin to counter Chinese ‘financial attack’ — Pomp
Bitcoin, like the internet, can be used in ways which could compromise U.S. prowess without suitable allowances from lawmakers.
State Street to provide tech for institutional Bitcoin trading platform
Currenex, a State Street-owned FX platform, will provide its infrastructure for the Pure Digital cryptocurrency exchange.
Citi and IADB complete cross-border payment pilot with blockchain tech
IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network.
New petition asks SEC chair nominee Gary Gensler to drop Ripple lawsuit
An XRP advocate started a petition to SEC chair nominee Gary Gensler, asking him to end the lawsuit against Ripple should he be confirmed as the new chair.
SEC likely to approve Bitcoin ETF in 1-2 years, says analyst
“We think we’re likely to see one in the coming year or two, but we don’t have a firm timeframe as to when the answer would be yes,” said Todd Rosenbluth.
Crypto lobby groups are gaining traction in Washington as the threat of regulatory bottleneck looms
The blockchain industry is looking to shed the negative association between digital assets and crime as the threat of additional regulatory oversight looms.
Indian IT giant Tech Mahindra to launch stablecoin tool for banks
Tech Mahindra wants to provide U.S. banks with a stablecoin solution after the OCC authorized federally chartered banks to use stablecoins for settlement in January.
SEC-registered crypto issuer INX to wrap up IPO in April
INX has been accepting cryptocurrencies like Bitcoin and Ether for its SEC-approved security token IPO since September 2020.
GME drops 14% as GameStop announces plans to sell up to 3.5M shares
After skyrocketing above $370 following the Reddit-driven short squeeze, GameStop shares are now trading at around $160.
Tyler Winklevoss thinks Bitcoin is past the risk of a US ban
Bitcoin has likely become too interwoven into the world for a ban to be plausible, says the Gemini CEO.
Former Chainalysis brass is now FinCEN’s acting director
Michael Mosier will replace Kenneth Blanco as the U.S. government agency’s acting director.
Bitcoin miner Blockcap closes $75M investment led by Off The Chain, Foundry Digital
The Texas-based miner raised more than $38 million in two separate funding rounds.
Prometheum and Anchorage set to launch alternative cryptocurrency trading system
The alternative trading system, PEATS, is vying to become a FINRA and SEC-regulated platform.
Uphold obtains FINRA approval to acquire US broker-dealer
The acquisition will reportedly allow Uphold to launch fractional equities in the United States in 2021.
Tether stablecoin is fully backed, says new assurance report
Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman.
PayPal to start letting US customers pay in Bitcoin at global merchants
A checkout service will be implemented which waives transaction fees for purchases made using crypto, PayPal’s president and CEO confirmed.
Ripple acquires stake in cross-border payments firm
Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia.
90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says
The U.S. should address the environmental problems of Bitcoin mining by providing its clean energy to set up mining hubs, Mayor Francis Suarez said.
Former OCC official says crypto has backing but dollar ‘may not’
Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”