GameStop crashes as Ethereum-led crypto rally takes center stage
GME and other r/WallStreetBets-pumped stocks are now down over 50%. But Ethereum prices are soaring to new heights in a wave that’s also lifting Bitcoin and Cardano ADA.
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XRP prices see ‘pump and dump’ as Ripple outlines legal defense strategy
In its response to SEC’s lawsuit, Ripple denies that XRP is a security, points out the clash with FinCEN and questions why SEC is not going after Ethereum.
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As SEC goes after Ripple and Bitcoiin2Gen, is DeFi next in its line of fire?
Securities lawyers read the tea leaves of SEC’s lawsuits against Ripple XRP and Bitcoiin2Gen. Will DeFi be next for SEC enforcement actions or regulations?
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Binance report: over 100 million people are now crypto users
About half of cryptocurrency users are hobbyists while 15% consider crypto their primary source of income, according to a survey of 61,000 crypto users.
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74% of stablecoins are issued on Ethereum, according to new report
ConsenSys Codefi’s 4Q 2020 report on DeFi trends also predicts more ‘wrapped’ tokens, tranche lending products and Ethereum 2.0 derivatives in 2021.
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Tether prosecution delayed again. Bitcoin’s false ‘double-spend’ rumors. Brave sends 24 million users to Web 3.0 via IPFS.
Other top blockchain and cryptocurrency news: BIS touts digital currencies. China’s blockchain network to add CBDCs as payment option.
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Bitcoin and other crypto trends to watch in 2021
How high will bitcoin prices go — and will 2021 be the year of the bitcoin ETF and advanced crypto derivatives? Jay Hao of OKEx looks to the future.
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Singapore’s DBS bank becomes first in Asia to offer crypto exchange
As bitcoin and other digital assets go mainstream, traditional banks want a piece of the action. Singapore’s crypto-friendly regulations are paving the way.
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China’s blockchain network adds CBDC payment layer, ConsenSys as partner
BSN’s new digital payment network will be a boon to Ethereum, stablecoins and CBDCs like China’s DCEP digital yuan while keeping other cryptos out.