The Daily: BTC Volatility Low, New Liquidity Ranking Site & PwC Backs Stablecoin
To kick-start the new week, we bring you news of bitcoin hitting a record low — for volatility, not price. There’s also been an altcoin breakout ahead of an impending Coinbase listing, a new metric for ranking cryptocurrencies and an obligatory new stablecoin story. It’s all covered in Monday’s edition of The Daily. Also read: Rapper Soulja Boy Releases New Single Titled ‘Bitcoin’ Bitcoin Goes...
Rapper Soulja Boy Releases New Single Titled ‘Bitcoin’
Former Grammy and Nickelodeon Kids’ Choice Awards nominee Soulja Boy has become the latest celebrity seeking to associate themselves with cryptocurrency after releasing his new single, ‘Bitcoin’. Also Read: U.S. Senators Push for Stronger Sanctions Against Venezuelan Petro Soulja Boy Drops ‘Bitcoin’ Single Soulja Boy’s latest single, titled ‘Bitcoin’, comprises a slightly...
U.S. Senators Push for Stronger Sanctions Against Venezuelan Petro
A bipartisan group of senators in the United States are seeking strong sanctions against Venezuela’s Petro. The proposed sanctions would extend an executive order from March to prohibit U.S. residents from providing software to the Venezuelan government in its efforts to launch the Petro. Also Read: Venezuela Demands Citizens Pay for Passports With Petro U.S. Lawmakers Seek Tighter Sanctions Against Petro A bill sponsored...
Robinhood Crypto Expands to Three More States
Crypto trading app Robinhood is now available in more U.S. states. In October, the platform has launched services in Rhode Island, Tennessee and Arkansas. The move brings the total to 24 states whose residents can now make zero-commission trades in several leading cryptocurrencies. Also read: Increasing Number of Crypto ATMs in Europe Support BCH App Available in Rhode Island, Tennessee, Arkansas Robinhood, the popular mobile...
Bitfinex Strongly Refutes Insolvency Claims
Bitfinex has vigorously refuted claims that it and its Tether stablecoin are on the brink of insolvency. Rumors have surrounded the opaque exchange for over a year, but have intensified in the past month. “Bitfinex is not insolvent, and a constant stream of Medium articles claiming otherwise is not going to change this,” asserts a strongly worded denial. Also read: Total of 7 Crypto Exchanges and 158 Wallets Hacked in...