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News and Articles by Anahit

South Korea crypto trading

Crypto Trading Volume in South Korea Beat Stock Market


Data reveals that on March 14, the entire purchase volume of crypto assets in South Korea surged past $14.5 B. This indicator is higher than the daily average purchase sum of the country’s stock exchange on that day. The crypto market cap hit $1.8 trillion on Sunday after BTC set a new all-time...

XRP holders as defendants

6000 Xrp Owners as Third Party Defendants During the Trial


Holders of the XRP cryptocurrency want to take part in the lawsuit that the SEC started against Ripple. Particularly, on March 14 John Deaton of Deaton Law Firm issued a paper representing more than 6000 XRP holders who are willing to act as defendants. Managing partner of the FirmJohn Deaton owns...

Binance under investigation

Binance Faces Investigation Started by CFTC


US federal agency Commodity Futures Trading Commission has started an investigation of leading crypto purchase network Binance. The authority aims to discover if Binance enabled US investors' access to the protocol and purchase derivatives without being listed with the government's supervision. The...

India considers a crypto ban

India Put Forward a Crypto Ban Proposal


Reuters writes as stated by an Indian senior government executive the republic is going to put forward a law forbidding crypto assets. If the law passes, trading and holding crypto assets will be penalized. The same refers to release and mining. In January the government of India submitted a draft...

Bitcoin tokenization

What Is Bitcoin Tokenization and How to Use It?


The goal of Bitcoin tokenization is to allow its movement to other networks. Note that the coins and tokens are not the same. Coins are native to their own blockchain and most often serve as money. On the other hand, tokens are cryptocurrencies of broader smart contracts platforms like Ethereum...

Bitcoin surges $60.000

Bitcoin Reaches New All Time High Surpassing $60.000


The price of Bitcoin saw 23% growth in the last week. Today the leading cryptocurrency broke another record hitting $60.000. The market capitalization of the coin stands above $1 Trillion. After hitting $58.000 in February, Bitcoin price has been seeing huge volatility. It fell below $50.000 which...

Metakovan bought Beeple for $69 Million

$69 Million Beeple Art Acquired by NFT Whale Metakovan


On March 11, an NFT issued by digital art creator Mike Winkelmann, who is known as Beeple was traded for $69 M via an online auction managed by Christie’s. The latter is a major British auction House. It was the first time when a digital work selling process was organized by a big auction...

Valkyrie to run Bitcoin ETF

Digital Asset Investment Firm Valkyrie Files for Bitcoin ETF


On March 12, Valkyrie Digital Assets submitted a paper with the Securities and Exchange Commission (SEC) for running an exchange-traded fund (ETF). Note that ETFs work like shares in businesses. As reported, the fund plans to invest in firms of all sizes, including non-US firms. Besides common...

BTC lending platforms surge

Firms Lending BTC See Growth and Increasing Demand


Major Bitcoin lending companies BlockFi, Celsius Network, and Nexo beat new records. On March 11, crypto trading and loan providing platform BlockFi announced raising $350 M in Series D funding headed by Bain Capital Ventures, partners of DST Global, Pomp Investments, and Tiger Global. A day...

Female traders Robinhood Crypto

Robinhood Says That the Number of Women Traders Is Growing


Financial services provider Robinhood stated that in comparison to the end of 2020, the percentage of female crypto purchasers has grown seven times. The number of women actively trading on Robinhood Crypto has already grown 7x this year! 🚀 We still have a lot of work to do, but we’re...

Crypto education USA

US State Georgia Purposes Teaching About Crypto at School


House of Representatives of the US state Georgia introduced a bill that suggests creating a new financial literacy educational program, which will cover studying the crypto industry too. Six Republican state congressmen presented the draft on March 1. On March 8, the House approved the proposal by...

SBI to offer benefits in XRP

SBI Holdings Offers Year-End Benefits in XRP


Japanese financial services company SBI Group issued a paper to inform about a new decision of providing shareholders year-end benefit in the XRP cryptocurrency. In the notice, the firm expresses its gratitude to stockholders for their continued support and business strategy understanding....

Thailand cinema allows crypto

Thai Cinema Chain Cineplex Group to Allow BTC Remissions


Leading cinema operator and entertainment services provider in Thailand, Major Cineplex Group now enables buying tickets with BTC. Local press Siam Rath states that the broadest cinema chain launches a crypto payment study project to assist innovations. For this purpose, Cineplex teamed up with a...

Peter Schiff's son holds his portfolio in BTC

Bitcoin Critic Peter Schiff's Son to Hold His Funds in BTC


American stockbroker, the CEO of Euro Pacific Capital Inc., Peter Schiff announced on Twitter that his son Spencer Schiff moved 100% of his portfolio investments into Bitcoin. My son @SpencerKSchiff went all in on #Bitcoin on the last drop below $50k. 100% of his portfolio is now in Bitcoin. He...

Messari about Nifty Gateway cost

Messari Says Winklevoss NFT Platform Can Cost up to $1.2 B


Crypto data company Messari issued a report concerning the NFT (not fungible token) marketplace. Research done by the company shows that Gemini-owned platform Nifty Gateway is worth between $774 M to $1.2 B. Winklevoss twins bought the company in November 2019. Messari introduced an extensive...

Altshuler Shaham profits from BTC

Israeli Asset Manager Gains 100% Profit from BTC Investment


Israeli press announced that in two months Tel Aviv-based Investment House Altshuler Shaham boosted $100 M by investing into the Grayscale Bitcoin Trust (GBTC). The move came at the end of 2020 when BTC was purchased at about $21.000. Altshuler Shaham is the only establishment in Israel that...

Bitcoin ATMs

Last Year BTC Atms' Number in the US Increased by 177%


Crypto ATM locations map Coin ATM Radar's insights show that 10.000 new Bitcoin ATMs have been placed since March 1, 2020, on a global scale. Presently, there are 16.835 automated tellers overall. The main part of them, 13.699 machines are placed in the USA. Since March 1, 2020, the number of...

Ripple settles with Youtube

Ripple Settled the Lawsuit Filed Against YouTube Last Year


The CEO of Ripple Labs Brad Garlinghouse tweeted today to inform the followers about the settlement of the lawsuit with Youtube. Last year, @Ripple and I sued @YouTube for failing to enforce its own policies by allowing fake accounts (impersonating my/Ripple’s verified accounts) to conduct XRP...

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