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Blockchain Bites: Goldman Sachs Investigates Crypto Custody, Solving the Blockchain ‘Trilemma’

Happy Martin Luther King Jr. Day to our U.S. readers! A former Canadian prime minister said bitcoin could become a global reserve currency, Goldman Sachs is reportedly looking to get into the crypto custody business and MetLife is bullish on CBDCs. Top shelfGoldman Sachs jumping in?Its crypto custody plans will be

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Blockchain Bites: Coinbase Wants to Crowdsource Asset Listings; What’s Up With Tether’s Bank?

Bitcoin is in the red today, following yesterday evening’s announcement of President-elect Joe Biden’s $1.9 trillion stimulus plan.Top shelfStakeholders stakeThe bitcoin exchange-traded product (ETP) from ETC Group (recently launched on Switzerland’s SIX stock exchange, though it trades elsewhere) has seen volumes far above all the other 1,800 ETPs listed on

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Blockchain Bites: OCC’s Head Stepping Down, Anchorage to Become First National ‘Digital Asset Bank’

Bitcoin is booming again as crypto-bull Brian Brooks pushes through his “open access” banking rules before stepping down as the top U.S.  banking regulator.Top shelfGoing public?The Winklevoss twins are considering taking Gemini Trust, the cryptocurrency exchange and custodian founded in 2014, public, according to a Bloomberg interview. “We are definitely

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Blockchain Bites: Bitcoin Trades Sideways as US Inflation Is Muted

Hello. Analysts are reporting gloomy short-term projections for bitcoin as the U.S. Labor Department reports muted inflation over 2020. Here’s the story:Top shelfInstitutional productsA new, physically backed bitcoin exchange-traded product (ETP) has hit the SIX stock exchange in Switzerland. Developed by ETC Group, this is the 34th bitcoin ETP on

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Blockchain Bites: Bitcoin Rebounds, Addresses Above 2017 Peak, Sci-Hub Decentralizes

Bitcoin’s price is bouncing back, having found a floor of around $30,000 to stand on. Meanwhile, the number of active bitcoin addresses and transaction volumes has climbed above peaks set in 2017.Also, content moderation decisions from Amazon, Shopify and Twitter following the Capitol riots in Washington, D.C., on Jan. 6 have

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Blockchain Bites: Sustainability and Uncertainty as Crypto Crosses $1T Benchmark

One bitcoin is now worth more than $39,000 as the value of all cryptos passes $1 trillion.Top shelfInstitutions are buyingThe Chicago Mercantile Exchange (CME) is now the largest bitcoin futures trading platform, with some $2.1 billion in outstanding contracts, according to data site Skew. CME is frequently cited as a

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Blockchain Bites: JPMorgan’s $146K BTC Target, Crypto Responds to US Treasury’s Proposed Wallet Rule

Hello. A late night interpretative letter from the Office of the Comptroller of the Currency (OCC), the U.S.’ federal banking regulator, saying banks can act as stablecoin nodes was the juice needed to push bitcoin out of the doldrums. JPMorgan analysts see a future where 1 BTC could trade hands

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