What's Hot

    First fundraiser for Doodles and new partnership

    June 25, 2022

    More than 50 crypto ATMs will be installed in Hispanic supermarkets in the United States

    June 25, 2022

    The bitcoin (BTC) invites itself in the programs of the University of Cincinnati

    June 25, 2022
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    THECRYPTNEWS
    • Home
    • News
    • Guides
    • NFT
    • Analysis
    THECRYPTNEWS
    Home » Crypto Paradigm Enters Citadel, JPMorgan Clients on Bitcoin Price + More News
    News

    Crypto Paradigm Enters Citadel, JPMorgan Clients on Bitcoin Price + More News

    AdminBy AdminJanuary 11, 2022No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Source: iStock / danielvfung

    Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

    __________

    Investments news

    • Global market maker Citadel Securities announced that venture capital firm Sequoia and crypto-focused investor Paradigm have made a USD 1.15bn minority investment in the firm. Citadel Securities provides both institutional and retail investors with the liquidity they need to execute transactions across a broad array of equity and fixed income products, they said.
    • Only 5% of clients polled by JPMorgan Chase & Co. said they see bitcoin (BTC) reaching USD 100,000 before the end of 2022, per Bloomberg. More than 40%, though, saw it above USD 60,000, where it was roughly two months ago before it began its latest stretch of declines.
    • Investment management firm Fidelity Investments Canada announced plans to add a small allocation to Fidelity Advantage Bitcoin ETF within Fidelity All-in-One Growth ETF and Fidelity All-in-One Balanced ETF and corresponding mutual fund versions, bringing the risk rating from “low to medium” to “medium”. The decision was made for its diversification benefits with the potential to improve risk-adjusted returns going forward, they added.
    • Player-centric cross-chain non-fungible token (NFT) trading platform Lootex raised USD 9m to work on its planned metaverse marketplace, in a round led by Spartan Capital, Infinity Ventures Crypto, LD Capital, and Akatsuki, per VentureBeat. When completed, blockchain metaverse marketplace would potentially allow gamers to trade and buy items across multiple blockchains.

    Mining news

    • Luxor Technology Corporation said it has launched a new service for buying and selling Bitcoin mining machines (ASICs) – the Luxor ASIC Trading Desk. Through its new business line, Luxor will purchase and sell specialized Bitcoin mining hardware on behalf of the Luxor team, miners, and investors.

    Regulation news

    • Tea Reserve Bank of India (RBI) created a new department to identify challenges and opportunities in financial technology, particularly around cryptocurrency, according to Quartz India. The new department has been operational since January 4.

    Tax news

    • Thai Prime Minister Prayut Chan-o-cha instructed the revenue department to brainstorm the issue for calculating taxes on crypto trades and provide clarification for investors and the public, per the Bangkok Post. The department has already been in discussion with the Bank of Thailand, tea Securities and Exchange Commission, and the Stock Exchange of Thailand.

    Legal news

    • The US Securities and Exchange Commission (DRY) alleged that blockchain-based trading platform tZERO violated federal disclosure rules, fining the company USD 800,000 and issuing a cease-and-desist as part of a settlement with the firm.
    • Celebrity Kim Kardashian, boxer Floyd Mayweather, and former NBA star Paul Pierce are being sweden by an investor who alleges the trio colluded with Ethereum Max (EMAX) co-founders Steve Gentile and Giovanni Perone to pump the price of the token and then dump them, leaving average investors holding the (mostly worthless) bag. Ethereum Max peaked at a price of USD 0.000000597636 on May 31, 2021, before falling by more than 80% in 11 days.

    Adoption news

    • Andre Iguodala, three-time NBA champion and professional basketball player for the Golden State Warriors, announced that he would be taking a portion of his estimated USD 2.65m annual salary in BTC.

    Exchanges news

    • BitMEX appointed Ivo Sauter as the Chief Executive Officer of BitMEX Link, a Switzerland-based business line that offers 24/7 crypto brokerage service and products. One of Sauter’s primary aims will be to expand the talent pool and build a reputable team of professionals in Switzerland.
    • Binance announced several new appointments to strengthen their position in the Commonwealth of Independent States (CIS), Russia, and Ukraine. These are Olga Goncharova, who will hold the position of GR Director in Russia, and the CIS, Vladimir Smerkis, who has been appointed to the position of Binance Director in Russia, while in Ukraine, the post of general manager will be taken by Kirill Khomyakov.
    • Blockchain interoperability protocol Komodo (KMD) said it will introduce 13 protocols in the next version of AtomicDEX, offering trading support, wallet support, and multi-way bridge.



    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Admin
    • Website

    Related Posts

    Work on a Multi-CBDC Platform Has Revealed ‘More Questions Than Answers’ – BIS

    March 22, 2022

    Japan’s Crypto Exchanges Set to Speed ​​Up and Simplify Crypto Listing Process

    March 22, 2022

    Crypto Donations To ‘Freedom Convoy’ Evade Government Seizure

    March 22, 2022

    DeFiance Founder’s USD 1.76M Loss is a Lesson For NFT Investors

    March 22, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts

    • First fundraiser for Doodles and new partnership
    • More than 50 crypto ATMs will be installed in Hispanic supermarkets in the United States
    • The bitcoin (BTC) invites itself in the programs of the University of Cincinnati
    • Cardano (ADA) Founder Offers Crypto Self-Certification
    • Axie Infinity: The company behind the game wants to compensate the victims of the hack

    Recent Comments

    No comments to show.

    Subscribe to Updates

    Get the latest sports news from THECRYPTNEWS.

    Advertisement

    Archives

    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021

    Categories

    • Analysis
    • Guides
    • News
    • NFT

    The leader in news and information on cryptocurrency, digital assets and the future of money, THECRYPTNEWS is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
    We're social. Connect with us:

    Facebook Twitter Instagram Pinterest YouTube WhatsApp Reddit
    Top Insights

    First fundraiser for Doodles and new partnership

    June 25, 2022

    More than 50 crypto ATMs will be installed in Hispanic supermarkets in the United States

    June 25, 2022

    The bitcoin (BTC) invites itself in the programs of the University of Cincinnati

    June 25, 2022
    Get Informed

    Subscribe to Updates

    Get the latest creative news from THECRYPTNEWS

    Facebook Twitter Instagram Pinterest
    • Home
    Copyright © 2021 Thecryptnews.com

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT

    DMCA - Terms and Conditions - Privacy Policy