Crypto Markets Today: Bitcoin Rides Over $21K, FTX’s Possible Revival
Bitcoin rose 1.5% to trade at $21,100 after dipping earlier on Thursday. Ether was also trading up 0.6% to $1,550. Equities closed down.
Bitcoin Holds Steady Near $21K Even as Equities Slide
Bitcoin was hovering near $21,100 Thursday in afternoon trading. Genesis’ looming bankruptcy filing and the crypto industry’s other recent travails should be priced in, one analyst said.
Huobi, Confirming Justin Sun as Leader, Takes Aim at ‘Rat Trading’
Singapore-based exchange Huobi confirmed Thursday that Justin Sun, founder and CEO of Tron, and one of the richest people in crypto, is not just a member of the Global Advisory Board, but is leading the exchange.
Gemini’s Bitcoin Inflows From Other Exchanges Dropped to Roughly Six-Year Low, CryptoQuant Data Shows
Gemini’s 30-day simple moving average of its BTC inflows from accounts on other exchanges suggest traders find Gemini less desirable than other exchanges.
NFT Marketplace Blur Delays Native Token Launch
The platform, which targets pro NFT traders, said it would launch its BLUR governance token on February 14 after months of incentivized airdrops.
At Davos, Dutch Central Bank Chief Takes Aim at Jurisdictions That Attract Bad Crypto Actors
Klaas Knot called the appealing localities with lax restrictions “sunny places for shady people.”
China Launches Smart Contract Functionality on Digital Yuan Through E-Commerce App Meituan
Through the smart contract, users can win part of a daily prize of $1,312 for using the digital yuan.
Banks could seize your accounts because there are no more bailouts
As the COVID-19 pandemic continues to wreak havoc on the global economy, many people are worried about the stability of their bank accounts. With so …
JPMorgan Registers Trademark For Crypto Wallet
JPMorgan Chase & Co. (JPM) registered a trademark for cryptocurrency wallets.
The US government is testing their cryptocurrency _ a stable coin.
NY Feds, and major Federal banks are testing the CBDC which stands for Central Bank Digital Currency.
It will be a stable coin plays a liability role for the Federal Reserve, however, a CBDC will be the safest digital stable asset available to the general public, with no associated credit or liquidity risk.