For asset managers including Skybridge Capital, an entry into the world of Bitcoin and cryptocurrencies will serve as a wake-up call for existing clients to have a positive disposition towards BTC as well as the new cryptos that will be supported.
The internal payroll data for 2018 included salary details for 80% of the firm’s almost 1,200 employees. The data revealed that women at Coinbase were paid 8% or an average of $13,000 less compared to their male counterparts.
The GMO Trust secures BitLicense to float a Japanese Yen stablecoin in the public. This is for the first time that a company has received approval to bring a JPY-pegged stablecoin.
According to the CoinMarketCap data, Bitcoin has made a daily gain of 6.671% to its current price of $27,965.
Unfortunate year-end for Ripple continues as due to the US SEC lawsuit cryptoexchanges are delisting XRP.
As per reports, eToro will be working with Goldman Sachs for going public. The reported plan of IPO comes after the platform registered phenomenal growth in 2020.
Crypto.com noted that the delisting and trading suspension would not affect the withdrawal of XRP.
While the Ripple lawsuit was the last blow struck against the crypto industry by Jay Clayton, Ripple noted that it is open to working with the agency’s new leadership whenever they are appointed.
While it may be too early to project the possible performance of Grayscale in 2021, the spate of patronage the company recorded in the last two quarters of 2020 looks quite inspiring.
Polkadot (DOT) saw daily gains of 22.5% wrapping up an impressive week with an almost 34% rise in its value.
Following the Bitcoin all-time high on Sunday, December 27, Riot Blockchain stock registered 20% gains on Monday’s trading session. The stock has already appreciated by 13x this year. Apart from BTC, investors of Bitcoin mining companies are making a bomb in the market.
In one of the biggest attacks in the DeFi space, hackers exploited the DeFi project Cover Protocol by liquidating nearly 12K COVER coins and injecting an additional supply of 40 quintillion Cover “coins”.
According to the announcement, the XRP deposit and trading would be disabled on January 4, 2021, as the lawsuit proceedings are taking place.
Some of the popular crypto exchanges have announced XRP trading suspension following the SEC lawsuit. This is seriously going to hurt XRP investors’ interest over a long period of time.
Meanwhile, funds that trusted oil and gas, suffered losses. In particular, the Direxion Daily S&P Oil&Gas E&P 2X ETF lost 97.3% this year. The Direxion Daily Junior Gold Miners Bear 2X ETF plunged 95.5% in 2020.