Crypto News Digest March 21-27

21 March, 2021 A year into the pandemic: How Argentina’s economy had a hard time while its crypto environment thrived.

As surrounding countries such as Canada and Brazil authorize their first bitcoin ETFs, all attention is on the U.S. preparing for when the nation’s financial regulators will green-light an ETF for the world’s biggest cryptocurrency by market cap.

SkyBridge Capital Creator: Bitcoin Will Have a Billion Users by 2025.

22 March, 2021

Bitcoin is lacking crucial ingredients that would make it a helpful currency. As an outcome, the crypto currency is essentially more of a replacement for gold than the dollar, Fed Chairman Jerome Powell stated Monday.

Major South Korean web company Naver has actually apparently started negotiations to obtain a stake in the country’s largest cryptocurrency exchange, Bithumb.

Look for Bitcoin emanating from Turkey took off after news broke concerning the 14% plunge in the value of the Turkish lira.

Microsoft has supposedly polled clients on alternative payment techniques such as Bitcoin for its Xbox online store.

23 March, 2021

CNBC host Jim Cramer has actually exposed he made “a lot of cash” on Bitcoin (BTC) however gold “let him down.”

The South Korean arm of the cryptocurrency exchange OKEx has decided to stop talking shop rather than attempt to browse revised regulatory difficulties that enter into result on Thursday.

Brave internet browser to integrate devoted Binance Smart Chain defi wallet. The privacy-centric web internet browser Brave will quickly integrate a dedicated Binance Smart Chain wallet, according to a current announcement.

Co-founder of major Indian tech business Infosys Nandan Nilekani has actually advised the government to help MSMEs gain access to capital utilizing Bitcoin.

24 March, 2021

A brand-new filing with the U.S. Securities and Exchange Commission shows that property management huge Fidelity is looking for to produce a bitcoin exchange-traded fund (ETF).

NYDIG cuts Bitcoin cost to 0.3% for financiers as Morgan Stanley opens floodgates

Bitcoin rewards app, Lolli, has actually revealed the close of its pre-series A fundraising round after raising $5 million.

Blockchain.com, a London-based firm that offers a variety of cryptocurrency services to retail and institutional customers, raised $300 million in a deal that highlights equity capital’s growing willingness to jump back into the bitcoin craze.

25 March, 2021

Federal governments are wanting to purchase Bitcoin, NYDIG CEO validates

In spite of significant companies like Tesla now allowing consumers to pay in bitcoin , Cathie Wood of Ark Invest has actually recommended cryptocurrency investors versus using the cryptocurrency as a payment.

Declining crypto as a reserve currency will cause an Indian currency devaluation of the worst kind, warns blockchain entrepreneur Raj Chowdry.

Ed Tilly, the CEO of CBOE Global Markets, says that the Chicago-based exchange holding company hasn’t “quit on” crypto, in spite of earlier problems.

26 March, 2021

Comparing the “rhythm” of Bitcoin’s 2017 booming market to the present one, McGlone estimates that Bitcoin’s price might peak at about $400,000 by the end of the year.

Soros Fund Management chief info officer Dawn Fitzpatrick stated Bitcoin might once have been thought about a fringe possession, but the inflation of the United States dollar has altered that.

U.K-listed Argo Blockchain stated it has actually signed a memorandum of understanding with blockchain and cryptocurrency technology firm DMG Blockchain Solutions to introduce a bitcoin mining swimming pool totally powered by clean energy.

27 March, 2021

Ray Dalio, the creator of Bridgewater Associates hedge fund company, thinks that the US federal government might ban Bitcoin if the leading cryptocurrency becomes too effective.

The CEO of New York Digital Financial Investment Group (NYDIG) Robert Gutmann, has revealed that sovereign wealth funds are making inquiring about buying the flagship cryptocurrency bitcoin.

Released at Thu, 01 Apr 2021 11:35:31 +0000

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