TokenPost reporter
Mark Jason Alcala
Stories by Mark Jason Alcala
- Swiss bourse’s crypto trading volume hits record high of $1.23 billion in 2020
Crypto trading volume on SIX Swiss Exchange in 2020 surpasses the previous record set in 2017.
· Business
- Crypto demand from institutional investors fuels a 900% rise in Grayscale’s assets in 2020
Grayscale's crypto assets, which were valued at $2 billion at the start of 2020, rose to $20.2 billion by year-end.
· Business
- Ether (ETH) supply drying up as demand for the crypto skyrockets
Just like Bitcoin, Ether could experience supply issues as demand for the crypto continues to surge this year.
· Insights & Views
- Bitcoin (BTC) should be regulated on a global scale, says ECB’s Lagarde
Christine Lagarde is concerned over the potential use of Bitcoin in money laundering activities and is calling for global regulation for the crypto.
· Regulation
- eToro facing unprecedented crypto demand from users
eToro is struggling to keep up with the increasing demand for cryptocurrency on its platform.
· Investing
- ICE’s cryptocurrency exchange Bakkt to go public with $2.1B valuation
Crypto exchange Bakkt will be traded at the NYSE after merging with VPC Impact Acquisition Holdings.
· Business
- South Korea’s oldest bank invests into crypto custody consortium
Shinhan Bank plans to offer its own crypto custody service to clients.
· Business
- Crypto user pockets $4.2M after finding private keys to BTC presumed lost 8 years ago
The crypto user originally intended to purchase the in-game currency of the online game DarkOrbit using Bitcoin.
· Technology
- Bitcoin (BTC) could reach $200K in five years, says expert
Bitcoin has the potential to reach $200K but investors need to prepare themselves for possible crashes.
· Insights & Views
- Crypto exchange Bithumb being targeted for acquisition by gaming firm Nexon
South Korean crypto exchange Bithumb might have finally found a buyer in gaming firm Nexon.
· Business
- Crypto business could add $1B to Square’s revenue if Bitcoin soars to $100K
Square's Cash App is projected to bring in $1B in revenue if BTC reaches a hundred thousand dollars.
· Insights & Views
- Bitcoin (BTC) rises past $38K but the rally is ‘far from done,’ says statistician
Bitcoin broke $38,000 for the first time but many believe that the crypto's price could still rise even further.
· Investing
- Crypto market cap surges past $1 trillion for the first time as BTC soars past %37K
The total capitalization of the cryptocurrency market reached $1 trillion, breaking its previous record of $830 billion set in 2018.
· Investing
- Bitcoin (BTC) moves past $35K and sets new all-time high
Bitcoin already gained 20 percent in the first five days of 2021.
· Investing
- Nextech announces $2M Bitcoin purchase, plans to add more BTC later this year
The Canadian augmented reality firm joined the ranks of Bitcoin-holding companies with its recent $2 million purchase of the crypto.
· Business
- Crypto transaction volume on Bitsika Africa rose by 3,900% in 2020
From its 2019 revenue of $329, the crypto startup's 2020 revenue soared to $1.03 million in 2020.
· Business
- Bitcoin (BTC) could reach $100K this year, says JPMorgan
JPMorgan predicts that Bitcoin could soar to $100K in 2021 but warns that its volatility could dampen institutional adoption.
· Insights & Views
- Microstrategy’s shares rose 287% as the value of its Bitcoin (BTC) holdings more than doubled in four months
Microstrategy's Bitcoin stash, which the firm bought for $1.125 billion, rose to %2.28 billion.
· Investing
- Cryptocurrency might be used to run the future Martian economy
The future Martian community might opt to use crypto for trading within the colony.
· Insights & Views
- Crypto market faces Bitcoin supply issues as BTC soars past $29K
Glassnode analysts say it's now harder to buy Bitcoin from crypto exchanges due to its scarcity.
· Insights & Views
- $30B in Bitcoin (BTC) being held as a reserve asset by 29 companies
More than 1.1 million BTC is now held as a reserve asset by various firms.
· Business
- Crypto bank with physical branches opens in India
Indian crypto bank Unicas will open 14 branches by January 2021 and plans to expand its presence to 100 branches by 2022.
· Business
- Digital currencies could challenge SWIFT's dominance, says Central Bank of Russia official
An official of the Central Bank of Russia believes that the rise of digital currencies could render the SWIFT network obsolete.
· Technology
- 18% tax on Bitcoin (BTC) transactions being considered by the Indian government
A proposal to impose an 18 percent GST on BTC transactions is now being considered by the Indian government.
· Regulation
- Crypto exchange Coinbase will suspend XRP trading in response to SEC’s lawsuit against Ripple
Coinbase announced that it will fully suspend XRP trading on its platform next year but won't restrict clients' access to their XRP wallets.
· Regulation
- Ether (ETH) institutional demand to rise in 2021, says analyst
An analyst believes that demand for Ether (ETH) could pick up next year as institutional investors start to invest in the crypto-asset.
· Insights & Views
- Crypto exchange Binance unlikely to expand to Japan after shutting down South Korean operations
Binance CEO says it is unlikely to expand in Japan.
· Business
- Bitcoin (BTC) price predictions for 2021
Proponents believe that Bitcoin's price could soar to the six-digit figure range while critics say it is best not to invest in BTC.
· Insights & Views
- Bitcoin (BTC) soars past $28K for the first time on Sunday, sets a new all-time high
Bitcoin breached the $28,000 mark on Sunday pushing its market cap past $500 billion.
· Business
- Israeli crypto owners told to disclose their holdings
The Israel Tax Authority plans to boost tax collection by targeting crypto trading income.
· Regulation
- Russian lawmaker expects crypto issuance to surge in 2021
Russia's first cryptocurrency law will take into effect next year.
· Regulation
- Crypto payments platform Wirex secures Visa principal membership allowing it to issue cards autonomously
Wirex can now directly issue Visa cards to its over 3 million customers.
· Business
- Canadian fintech firm plans to add Bitcoin (BTC) as part of its reserve assets
Fintech firm Mogo announced that it will invest 1.5 percent of its reserve assets in Bitcoin.
· Business
- U.K. crypto exchange hackers steal Bitcoin (BTC), XRP, Tether (USDT), Ether (ETH), and ETC worth more than $10M
Hackers breached the Exmo crypto exchange and stole various cryptocurrencies.
· Technology
- SEC calls XRP crypto an ‘unregistered securities offering,’ files charges against Ripple
The SEC has filed charges against Ripple, its CEO, and its co-founder.
· Regulation
- Investment firm Jefferies to include Bitcoin in its pension fund’s portfolio while reducing gold
Jefferies will soon join the increasing list of institutions that include BTC in their portfolios.
· Investing
- South Korea’s monthly crypto trading volume for December expected to reach $18B
South Korea's crypto market activity is expected to surge this month along with Bitcoin's rally.
· Business
- Bitcoin’s (BTC) rising popularity not a threat to gold’s status as currency of last resort, says Goldman Sachs
Goldman Sachs believes that both Bitcoin and gold can co-exist.
· Insights & Views
- Bitcoin’s (BTC) market cap could reach $1 trillion by 2021, says Blockchain.com crypto researcher
Bitcoin's market could reach a trillion dollars as institutional investors start to treat it as a reserve asset.
· Insights & Views
- Bitcoin (BTC) valued at $400M by Guggenheim Investments
Guggenheim Investment said that it will be more challenging to buy BTC at its current price level.
· Investing