Bitcoin

09

Apr'21

Argentina Central Bank Demands Personal Details of Country’s Bitcoin Buyers

NewsBusinessArgentina’s Central Bank Demands Personal Details of Country’s Bitcoin BuyersIn an attempt to explore whether further regulation is needed, Argentina's central bank is demanding that financial institutions turn over information on crypto traders.By Jose Antonio Lanz3 min readApr 9, 2021Apr 9, 2021The Centavo is worth 0.01 of a peso. Image: Shutterstock In brief Argentina's central bank has sent notice to regional banks in the country to report which customers are buying or holding Bitcoin and other cryptocurrencies. It's part of a year-long effort to curb illicit Bitcoin trading and further regulate the market within the country. The Central Bank of Argentina has requested that all banking institutions in the country submit information about customers who have carried out any transaction with Bitcoin or other cryptocurrencies, or hold cryptocurrencies in their digital portfolios. The move furthers a plan that President Alberto Fernandez set in motion last y..

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09

Apr'21

Grayscale Adds Chainlink to Its Digital Large Cap Fund

NewsBusinessGrayscale Adds Chainlink to Its Digital Large Cap FundDigital asset manager Grayscale Investments has adjusted its Digital Large Cap Fund, adding Chainlink to the basket of cryptocurrencies.By Andrew Asmakov3 min readApr 6, 2021Apr 6, 2021Chainlink is a decentralized oracle provider. Image: Shutterstock In brief Grayscale Investments has added LINK to its Digital Large Cap Fund. The news follows the launch of the Grayscale Chainlink Trust last month. Digital asset manager Grayscale Investments has announced the addition of LINK, the native token of decentralized oracle network Chainlink, to its Digital Large Cap Fund. The adjustment in the Digital Large Cap Fund's makeup was made by selling a share of its existing components, and using the proceeds to purchase LINK. As of Friday, April 2, Grayscale’s adjusted Large Cap Fund had a total of $538.2 million in assets under management, with LINK amounting to 0.87% of the basket. The rest of the fund is made up of 80.5% ..

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06

Apr'21

Nuvei launches support for 40 cryptos including DOGE

Joshua Mapperson 16 hours ago Payments firm Nuvei launches support for 40 cryptos including Reddcoin and DOGE Payment provider Nuvei has launched supp..

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02

Apr'21

Why Gold Fell Drastically Last Week and Bitcoin Didn’t

At one point on Monday, Bitcoin was down 4.30 percent from its opening rate at $15,482. Traders who considered the cryptocurrency as their true hedge against the economic meltdown led by the coronavirus lockdowns suddenly felt the need to not holding it. The reason was simple: they thought there won’t be extended lockdowns in the future as they looked into the prospects of having a cure for the COVID-19 pandemic. The Vaccine Bells Those possibilities arose from Pfizer and its partner drugmaker BioNTech. On Monday, the firms revealed that they had obtained a major breakthrough in the COVID-19 vaccine trials, noting it was more than 90 percent effective. Shortly after the claim, the global stock market experienced a frenzied rally. Equities that had lost a lot this year because of lockdowns suddenly rebounded from their record lows. Meanwhile, the so-called “pandemic winners” — tech stocks — plunged heavily. The excitement around the vaccine news was obvious. Its presence meant heave..

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01

Apr'21

CME Group to launch Micro Bitcoin futures on May 3rd

CryptoNinjas » CME Group to launch Micro Bitcoin futures on May 3rd CME Group, a leading and most diverse derivatives marketplace, today announced it will expand its suite of crypto derivatives with the introduction of a new Micro Bitcoin futures contract on Monday, May 3rd, pending regulatory review. Micro Bitcoin futures will be one-tenth the size of one bitcoin. The smaller-sized contract will provide market participants – from institutions to sophisticated, active, individual traders – with one more tool to hedge their spot bitcoin price risk or execute bitcoin trading strategies in an efficient, cost-effective way, all while retaining the features and benefits of CME Group’s standard Bitcoin futures. “Since the launch of our Bitcoin futures contract in 2017, we have seen steady, ongoing growth of liquidity and market participation in our crypto derivatives, especially among institutional traders,” said Tim McCourt, CME Group Global Head of Equity Index and Alternative Investmen..

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