Digital Asset Report 69
- Goldman Sachs seeks collaboration with FTX as CEOs meet
- Crypto Traders made a $163 billion profit in 2021 according to new study by Chainalysis
- Bitcoin & Ether continue to trade in a tight channel
- New York to vote on bill which could make it the first state to ban Bitcoin Mining
- Binance restricts services in Russia following EU's latest sanctions
Business
Goldman Sachs Eyes Collaboration With Crypto Exchange FTX as CEOs Meet: Report
Sam Bankman-Fried and David Solomon discussed Goldman Sachs advising FTX in talks with U.S. regulators and a possible IPO.
Jamie Crawley
Fintech giant Stripe jumps into crypto with a feature that lets Twitter users get paid in stablecoin
It’s Stripe’s first significant push into crypto since dropping support for bitcoin four years ago.
Institutional Goes Exotic: Valkyrie’s Multi-Coin Trust Eyes Staking Rewards
Investing in a basket of proof-of-stake tokens should yield about 6% annually, CIO McClurg said. “People have already made their money in Ethereum and they want the next thing.”
Danny Nelson
Blockchain.com Could Look at an IPO as Early as This Year: Report
The exchange is looking at a listing after reaching a valuation of $14 billion last month.
Parikshit Mishra
Bitcoin Firm Crusoe Energy Raises $505 Million to Grow Flare-Gas Mining Business - Decrypt
Crusoe Energy Systems uses “digital flare mitigation” to repurpose untapped natural gas into electricity for Bitcoin mining.
Jeff Benson
U.S. Crypto-Mining Company Sells Gear Stuck in Russia to Avoid Sanction
(Bloomberg) -- An American crypto-mining company is trying to quickly liquidate $30 million of hardware in Siberia after the U.S. sanctioned a rival over its Russian operations. Most Read from BloombergUkraine Latest: U.S. Vows to Step Up Weapons for KyivUkraine Latest: Zelenskiy Says Top U.S. Offic…
The Sandbox gears up to raise $400 million at a $4 billion valuation: report
Blockchain-based gaming company The Sandbox is reportedly raising $400 million at a $4 billion valuation from both new and existing investors.Bloomberg first reported the round, adding
Crypto investors worldwide raked in $163 billion in gains in 2021, a 400% increase from the prior year as bitcoin and ether prices hit records
Ethereum edged out bitcoin in total realized gains in 2021 at $76.3 billion, said Chainalysis.
Carla Mozéea16z Crypto is launching an academic research lab focused on web3 - Crypto News
Venture capital giant Andreessen Horowitz (a16z) is diving deeper into the crypto market with the launch of a new academic lab dedicated to tackling research problems facing the fast-growing digital asset industry. Dubbed a16z Crypto Research, the new unit will be led by Tim Roughgarden, a prominen…
Администратор
Coinbase has launched its NFT marketplace — and it will allow users to do more than just buy and sell
The marketplace will also be a social platform, allowing users to follow other profiles, comment on other NFTs, and upvote or downvote conversations.
Hamza Fareed MalikMarkets
Crypto Charts 63
BTC Price tested $38′200 and is on track to climb up above $41′600. If $38′200 is broken, support is expected at $36′300 followed by $34′060. ETH Price tested the $2′820 level and is on track for a move above $3′145 with an acceleration to $3′600. If $2′820 is broken, $2′740
Matthew Clark
Bitcoin Funds See Slowing Investment Outflows, Ethereum Outflows Accelerate
Regulated crypto investment products saw outflows of close to USD 100m last week, as capital continued to leave funds backed by both bitcoin (BTC) and ethereum (ETH) in droves. The outflows were partly explained by tax-related selling in the US, while one analyst said the macro landscape for crypto…
Year to date performance:
— Will Clemente (@WClementeIII) April 21, 2022
Shopify -60%
Netflix -60%
PayPal -50%
Facebook -40%
ARKK -40%
Nasdaq -14%
Bitcoin -13%
Despite unprecedented macro/geopolitical uncertainty, Bitcoin is holding up quite well on a relative basis.
Regulation
U.S. Treasury sanctions Russian bitcoin miners as war enters its third month
For the first time ever, the U.S. Department of the Treasury is taking aim at bitcoin miners operating in Russia.
Binance restricts services in Russia following the EU’s latest sanctions
Binance is set to restrict services to Russian persons or entities with crypto assets exceeding the value of 10,000 euros ($10,885).
Jordan Major
US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List – Regulation Bitcoin News
OFAC alleges the ether addresses are controlled by the Lazarus Group, a cybercrime group that is associated with North Korea.
Regulation
New York to Vote on Crypto Mining Bill, Could Become the First US State to Ban Bitcoin Mining - Ethereum World News
The State of New York is once again on the cusp of banning crypto mining activities of proof-of-work networks such as Bitcoin and Ethereum. Members of the New
John P. Njui
Crypto exchange Kraken is set to launch in UAE as regional competition heats up
Kraken will become the first cryptocurrency exchange to offer direct funding and trading in UAE dirhams against bitcoin, ether and other virtual assets.
Secret Service seizes more than $102 million in crypto assets
The U.S. Secret Service, known for protecting the president, is taking aim at illicit digital currencies, seizing over $102 million in the past seven years.
Bahamas to Allow Citizens to Pay Taxes With Digital Assets
Residents will also be able to access digital assets with the sand dollar, the country’s official digital currency.
Oliver Knight
Panamanian Legislative Assembly’s Committee Approves Bill Regulating Crypto
The legislation must now go through two more rounds of debate before making it to the president’s desk.
Andrés Engler
Opinions
Dubai could be crypto’s promised land, Citi says
Dubai and neighboring Abu Dhabi have been on a tear when it comes to crypto service providers moving the core of their operations there.
Megha Chaddah
Morgan Stanley Says Crypto Could Become More Widely Used as Currency
Partnerships with physical stores are a significant milestone in the evolution of bitcoin as a medium of payment, the bank said.
Kevin O’Leary on Clean Bitcoin Mining, the Elon Musk-Twitter Conundrum
The future of the crypto mining industry is likely nuclear and hydro, the “Shark Tank” co-host said on CoinDesk TV’s “First Mover.”
US Warns against North Korea-Sponsored Threats on Crypto Platforms
Multiple US agencies have raised a joint alarm against the risks of cyberattacks on cryptocurrency platforms by North Korean state-sponsored hackers.
Readings / Podcasts
Fast-Moving FinTech Poses Challenge for Regulators
By Antonio Garcia Pascual and Fabio Natalucci عربي, 中文, Español, Français, 日本語, Português, Русский Emerging firms are quickly making inroads into critical financial services, and often taking on more risk than traditional banks. Technology sometimes moves at a dizzying pace. When it comes to inn…
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