Ethereum Starts Corrective Decrease, Why Recovery Could Be Limited
Ethereum formed a short-term top near $620 and started a sharp decline against the US Dollar. ETH price
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Australian Investment Group With Billions in AUM Starts Investing in Bitcoin Futures
Pendal Group, an Australian Securities Exchange-listed investment manager with over A$100 billion (US$73.6 billion) in assets under management, is getting into bitcoin. As reported by the Australian Financial Review on Monday, Vimal Gor, Pendal’s head of bond, income and defensive strategies, said with the cryptocurrency “entering the realm of mainstream,”
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Bitcoin Starts Corrective Decrease, Why It Could Rally If It Clears $15.3K
Bitcoin price traded to a new multi-month high near $15,970 before correcting lower against the US Dollar. BTC
Read MoreSwiss gov’t starts consultation process for blockchain laws
Switzerland’s Federal Department of Finance has initiated a consultation process for a blanket ordinance in the blockchain and distributed ledger technology space. The consultation will happen among cantons, parties and other interested groups in this space. It is scheduled to continue for more than three months, ending on Feb. 2, 2021.
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Tesla Starts Delivering Shanghai-Made Model 3 to Europe
This year, Tesla plans to produce as many as 150,000 Model 3 at its Shanghai facility. Currently, Tesla makes around 11,000 units per month.Last month, electric vehicle maker Tesla Inc (NASDAQ: TSLA) changed its initial plans on delivering Model 3 cars made in China, saying it would significantly expand the
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Bank of Russia Considers Issuing Digital Ruble, Starts Public Consultations
The Russian central bank said it's starting public consultations on the possibilities of issuing a CBDC. Source
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As Ethereum Starts to Choke, Will DeFi Move to New Platforms?
Just as Bitcoin was a spark for the cryptocurrency movement, it seems that Ethereum is likely to take a similar role in the history of DeFi.Decentralized finance is undoubtedly the biggest hit of 2020, with $12 billion in total value locked looking like a realistic target for 2020. Over recent
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Japan’s LINE Starts Crypto Lending Service
LVC, the crypto exchange operator and blockchain business unit of LINE, is launching a service that allows users to lend crypto assets like bitcoin and ethereum to its exchange BITMAX. In return lenders will receive a rental fee, which is like the interest on a bank loan. Source
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Bitcoin Starts Shrugging Off BitMEX Bombshell, Recoups Nearly Half of 4% Price Dip
Bitcoin traders have begun recovering from Thursday’s bombshell indictments from the U.S. Commodity Futures Trading Commission and Department of Justice against BitMEX and the exchange’s co-founders Arthur Hayes, Benjamin Delo and Samuel Reed, and Business Development Lead Greg Dwyer. Source
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NVAX Stock Rises 7%, Novavax Starts Late-Stage Covid-19 Vaccine Trials
Following the news about the progress with COVID-19 vaccine trials, Novavax shares which closed 0.86% higher on Thursday gained more than 7.33% in the pre-market.American vaccine development company Novavax Inc (NASDAQ: NVAX) has revealed that it has commenced its late-large COVID-19 vaccine trials in the United Kingdom stirring a rise
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