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Crypto news of the day!
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Crypto news of the day!
| | Russia has started preparing new legislation for cryptocurrencies. According to an official announcement made earlier, the country's lawmakers noted the introduction of a draft law to tax cryptocurrencies. |
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NYDIG is seeking to create a Bitcoin exchange-traded fund (ETF)
Provided the SEC gives the green light to the fund, the bitcoin ETF NYDIG can trade on the New York Stock Exchange Arca. If approved, a ticker will be announced before trading.
People don't need a "lop-sided" currency like Bitcoin
James Bullard, president of the St. Louis Federal Reserve Bank, does not seem to understand why many see cryptocurrency as a medium of exchange instead of a single currency like the US dollar.
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Osprey Fund's Bitcoin Trust Now Available to Retail Investors in the OTC Market
The company announced on February 16 that the Osprey Fund Bitcoin Trust is now available to retail investors via the over-the-counter (OTC) market.
MicroStrategy proposes another $600 million Bitcoin investment
MicroStrategy announced the sale of $ 600 convertible senior notes due in 2027 as part of a private offer to "Qualified Institutional Buyers". It is the second identical offering from a business intelligence firm. |
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| | BTC
Bitcoin breaks $50,000 milestone — correlation with gold and stocks is declining
According to Bloomberg, as bitcoin (BTC) breaks the $50,000 milestone, its correlation with gold and stocks continues to decline. This Bitcoin divergence supports arguments for portfolio diversification that includes cryptocurrencies. |
TRX
Lindsay Lohan has been promoting TRON lately on social media
Popular YouTuber Marques Brownlee, a tech-focused content creator with almost 14 million followers, has claimed several celebrities heavily promoted the TRON network — American actress Lindsay Lohan is one of them. |
| DOT
Big things for Polkadot as Web 3.0 comes closer to realization
DOT token crossed the all-time high to trade at $30.22; it is also up 938% in the last year. If you had invested just $1000 one year ago on DOT, you would now have $9380. What a year! |
XRP
SEC vs. XRP: Settlement is unlikely as pretrial conference set for February 22
The US Securities and Exchange Commission (SEC) and Ripple, the fintech company behind the third-largest cryptocurrency, XRP, have stated there will be no settlement of the current lawsuit against Ripple until the official date of the trial. |
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Christie's is set to auction its first purely digital work
British auction house Christie's has announced an auction to sell its first "purely digital artwork." Announcing this on February 16, Christie's revealed that intangible token artwork would be released in partnership with the largest marketplace NFT MakersPlace.
Dubai-based licensing company to accept crypto payments
According to Arab News, on February 16, clients of Dubai's state licensing firm Kiklabb can now pay visa fees and trading licenses using cryptocurrencies.
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Chinese sports lottery service 500.com to acquire Bitcoin mining pool BTC.com
Chinese sports lottery service 500.com has acquired a large mining pool of Bitcoin (BTC). According to the announcement on February 16, 500.com has entered into a share swap agreement with the holding company Blockchain Alliance Technologies in the Cayman Islands.
Eye Payments payment services for Russian mobile operators, digital ruble wallets
Some telecom operators consider developing a digital wallet that will link digital currency to users' mobile phone numbers.
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