News | Crypto Profit Bot

Singapore Exchange to streamline trading processes with blockchain tech

January 22, 2021

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Following a successful trial of DLT-based bond issues, SGX forms a dedicated company with investment firm Temasek, to extend and expand use of the tech. 404 Total views 3 Total shares The use of DLT can bring efficiencies to many aspects of the lifecycle of financial products, from listing and issuing, through to settlement of […]

Bitcoin News Roundup for Jan. 22, 2021

January 22, 2021

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With bitcoin back above $30K and analysts calling for a deeper correction, CoinDesk’s Market’s Daily is back with the latest news roundup. Add Markets Daily to your Alexa Flash Briefing here. This episode is sponsored by Nexo.io. Today’s stories: A mixture of bearish price-chart patterns and ill-understood news items combined to cause bitcoin’s biggest price […]

At Least One Key Huobi Executive Is In Custody in China: Sources

January 22, 2021

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The Chinese police appear to have intensified their crackdown on crypto exchanges’ OTC trading services in the last year. Chinese police are investigating Huobi’s OTC business, sources claim.(Piotr Swat/Shutterstock) Jan 22, 2021 at 4:00 p.m. UTCUpdated Jan 22, 2021 at 4:06 p.m. UTC At Least One Key Huobi Executive Is In Custody in China: Sources […]

Singapore Exchange, Temasek Launch Digital Asset Business for Capital Markets

January 22, 2021

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The new venture will focus on capital markets, and the firms are looking to partner with fixed income issuance platforms for their post-trade infrastructure. Singapore(Shutterstock) Jan 22, 2021 at 3:22 p.m. UTCUpdated Jan 22, 2021 at 3:30 p.m. UTC Singapore Exchange, Temasek Launch Digital Asset Business for Capital Markets Singapore Exchange (SGX) and state-owned investment […]

Ethereum’s Road to $2K: 3 Reasons to Be Bullish

January 22, 2021

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Ether recently broke above $1,400 for the first time in two years. Here are three events that could push the price even higher. (NiseriN/Getty Images) Jan 22, 2021 at 3:12 p.m. UTC Ethereum’s Road to $2K: 3 Reasons to Be Bullish Ethereum, the second-largest cryptocurrency by market capitalization, set a new all-time high of $1,439.33. […]

Retail is here: The virtuous cycle of social engagement with crypto

January 22, 2021

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One of the tropes that observers commonly invoke to explain the forces behind the crypto markets’ surge at the end of 2020 and in early 2021 is that the process has been mainly driven by the inrush of institutional investment. While there are many good reasons to believe that the race among the big players […]

Russia’s Sber Bank Files to Launch Its Own Stablecoin

January 22, 2021

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Russia’s largest retail bank has applied to become a licensed digital assets issuer. (Vladimir Wrangel/Shutterstock) Jan 22, 2021 at 2:59 p.m. UTCUpdated Jan 22, 2021 at 3:19 p.m. UTC Russia’s Sber Bank Files to Launch Its Own Stablecoin Sber, Russia’s largest retail bank, has applied for a license with the country’s central bank to issue […]

BIS Plans Platform for Testing Central Bank Digital Currencies in Cross-Border Payments

January 22, 2021

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The new platform was announced as part of the BIS Innovation Hub’s priorities and programs for 2021. Benoit Coeure, head of the BIS Innovation Hub(Andrej Klizan/Flickr) Jan 22, 2021 at 2:48 p.m. UTC BIS Plans Platform for Testing Central Bank Digital Currencies in Cross-Border Payments The Bank of International Settlements (BIS) Innovation Hub listed its […]

MicroStrategy Buys the Dip, Adds $10M to Bitcoin Treasury

January 22, 2021

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CEO Michael Saylor bought the coins for an average price of $31,808. Jan 22, 2021 at 2:33 p.m. UTCUpdated Jan 22, 2021 at 3:23 p.m. UTC MicroStrategy Buys the Dip, Adds $10M to Bitcoin Treasury Business intelligence company MicroStrategy bought 314 bitcoin for $10 million on Friday, piling on in a market that was down […]

Bitcoin price bounces above $32K as MicroStrategy ‘buys the dip’ with $10M

January 22, 2021

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A further commitment to its treasury sees MicroStrategy join Grayscale as this week’s big buyer while others keep selling. 8371 Total views 87 Total shares Bitcoin (BTC) showed signs of a resurgence on Jan. 22 after a trip below $30,000 produced fresh buyer support. BTC price seals 8.5% daily bounce Data from Cointelegraph Markets and […]

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