HSBC UK Blocks Payments to Binance Exchange Posted on 2021-08-03 by Patrick The move follows the FCA’s announcement that Binance cannot conduct regulated activities in the country. + News
Bitcoin Logs Biggest Weekly Price Gain in 3 Months as Illiquid Supply Hits Record High Posted on 2021-08-03 by Patrick Investors are again HODLing for the long-term, taking liquidity out of the market. + News
Fed’s Brainard Says US Can’t Not Have a CBDC in a World in Which Others Have Them Posted on 2021-08-03 by Patrick Brainard said without a digital dollar the proliferation of stablecoins could fragment the payment system. + News
Voyager Digital to Acquire Crypto Payment Company Coinify in $84M Deal Posted on 2021-08-03 by Patrick Under the deal, Coinify investors will be issued 5.1 million Voyager shares and $15 million in cash. + News
Arca Launches Actively Managed ‘Digital Yield’ Fund Posted on 2021-08-03 by Patrick The fund is targeting effective yields in the low double digits. + News
Marathon Digital to Buy $121M of Mining Machines From Bitmain Posted on 2021-08-03 by Patrick The contract is for 30,000 Antminer S19J Pro machines, the company said in a statement. + News
Moody’s Lowers El Salvador Rating, Maintains Negative Outlook Partly Due to Bitcoin Law Posted on 2021-08-03 by Patrick The rating agency said that the law and other policy decisions had “weakened governance” and increased tensions with other countries. + News
Kentucky Orders BlockFi to Stop Signing Up New Interest Accounts Posted on 2021-08-03 by Patrick Kentucky is the fifth state to allege BlockFi Interest Accounts are securities. + News
GoldenTree Adds Bitcoin to Its Balance Sheet: Report Posted on 2021-08-02 by Patrick The credit-focused firm also considering hiring experts in cryptocurrency investments, the report said. + News
Bitcoin Price Over $41K After Longest Streak in 8 Years Posted on 2021-08-02 by Patrick Stiff price resistance is still seen in the low $40,000 range, but analysts are wondering aloud if the worst of the recent bear market might have passed. + News