CryptoLandβ„’ Signal | Analysis | News
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Real-time crypto signals, analysis & news.
Data-driven insights for smarter trading.

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πŸ’  New South Korean crypto rules will create a monopolized market

πŸ–‡ South Korea is heading into a new period for its crypto industry, with stringent new rules coming into effect on Thursday that will require all cryptocurrency businesses to comply with new reporting regulations and registration rules.

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πŸ’  Satoshi Nakamoto’s view on Bitcoin’s energy consumption

πŸ–‡ Bitcoin has always faced criticism over the high energy consumption involved in mining the cryptocurrency. Recently, a 2010 post from Bitcoin creator Satoshi Nakamoto was published which states: β€œThe utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin is a net waste.”

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πŸ’ Ethereum's high gas fee crisis won't be solved by EIP-1559

πŸ–‡ A report by analytics provider Coin Metrics has delved into the world of Ethererum transaction fees noting that they’re still at highest-ever levels and even a much touted approaching network upgrade is unlikely to alleviate the problem.

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πŸ’ Robinhood files SEC paperwork for public offering

πŸ–‡ Robinhood Markets Inc., a popular trading app that recently expanded its cryptocurrency business, has filed paperwork with the United States Securities and Exchange Commission, or SEC, to go public.

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πŸ’ Tether market cap surpasses $40B, growing 10x over 12 months

πŸ–‡Tether (USDT), the world’s most liquid stablecoin, surpassed $40 billion in market capitalization on Wednesday, highlighting the rapid growth of cryptocurrency investing over the past year.


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πŸ’ Analysts still 'bullish on April’ despite Bitcoin price drop to $54K

πŸ–‡ According to Cointelegraph, Pro traders and analysts view Bitcoin’s dip below $54,000 as another bullish buy-the-dip opportunity.

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πŸ’ Federal judge's decision could be a blow for the privacy rights of crypto users

πŸ–‡A U.S. federal judge has implied that an individual may not have the right to force the Internal Revenue Service, or IRS, to expunge financial records it obtains from crypto exchanges.

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πŸ’ Bitcoin mining piles pressure on struggling chip industry

πŸ–‡Coupled with a massive Bitcoin bull run, miners are looking to more efficient machines in order to stay competitive. That, in turn, is helping to drive up demand for high-end chips.


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πŸ’ Lottery protocol PoolTogether among most utilized protocols in DeFi

πŸ–‡Data published by crypto analytics provider Messari indicates that PoolTogether no-risk lottery platform has amassed more than 6,000 users since launching in October.


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Forwarded from Bridge Oracle
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πŸ’ Microsoft president: fintechs should leave currency issuing to central banks

πŸ–‡Microsoft president Brad Smith is not keen on the idea of technology companies issuing private stablecoins. Siding with financial regulators, Smith stated:
β€œI think the world has been better served by what has been a movement over centuries to put that in the hands of governments. We’re not a bank and we don’t want to become a bank and we don’t want to compete with our customers who are banks.”


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πŸ’ German federal bank runs successful blockchain system without a CBDC

πŸ–‡Germany’s federal bank, the Deutsche Bundesbank, has run successful tests on a project which bridges the traditional finance infrastructure with blockchain technology.



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πŸ’ Institutional managers hold a record $57B worth of crypto

πŸ–‡ According to CoinShares, Inflows into cryptocurrency investment products topped $57 billion last week, marking a new all-time high and underscoring the rapid adoption of digital assets underway among institutions.

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πŸ’ $1.62 billion long positions liquidated in 24 Hours as BTC dips below $55k

πŸ–‡Bitcoin’s recent dip below $55k has led to heavy losses of crypto investors’ funds, with $1.62 billion long crypto positions liquidated within 24hours.


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Forwarded from LATOKEN Announcements
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31 March 2021
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πŸ’  Different views of large banks on Bitcoin

πŸ–‡ Bitcoin is now the world’s third-largest currency, according to a report by Deutsche Bank. And with the cryptocurrency soaring 750% to reach $60,000 this monthβ€”and a market cap in excess of $1 trillionβ€”it’s become too big for the banks to ignore. But there’s little consensus among the big investment banks as to whether the asset class is a long-term value proposition.

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πŸ’  New report says BTC should 'comfortably' hit $100K

πŸ–‡ According to analysts at Decentrader, "HODL Wave" indicator, suggests that there is less desire to sell Bitcoin at short notice at a certain price, providing a solid foundation for further growth.

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πŸ’  A record amount of #Bitcoin Options expire this today. ($6B)

πŸ–‡ Previous record was at the end of January ($4B), price went up 80% after.

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Forwarded from Bridge Oracle
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πŸ’  Bank of International Settlements head: cryptos require more regulation

πŸ–‡ AgustΓ­n Carstens, general manager of the Bank for International Settlements, has called for even more crypto regulations stating that virtual currencies are a tool for circumventing financial laws.

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