American professional basketball player for the National Basketball Association (NBA) Kevin Durant, is joining Coinbase according to a recent report from Bloomberg. According to the report, Durant will appear as “a face of the brand” and will help promote the exchange’s advertising content. Kevin Durant Joins Coinbase NBA legend Kevin Durant, otherwise known as “KD,” has joined Coinbase in an…
While the Fed’s decision to reduce market liquidity could impact crypto investors in the short term, Bitcoin (BTC), Ether (ETH) and DeFi are carving out their own narratives heading into 2022. Those narratives could supersede the latest episode of central-bank tightening. Below is the concise version of the latest “Crypto Biz” newsletter. For a comprehensive breakdown of business developments over…
Crypto asset manager Valkyrie has launched an exchange-traded fund with exposure to Bitcoin on the Nasdaq Stock Market. In a Wednesday SEC filing, Valkyrie said its Balance Sheet Opportunities ETF will not invest directly in Bitcoin (BTC) but 80% of its net assets would offer exposure to the crypto asset through securities of U.S. companies with BTC on their balance…
On Thursday, conflicting reports emerged in Russia on the state of crypto regulatory affairs. First, a report by Reuters indicated that the Central Bank of Russia is seeking a ban on cryptocurrencies, citing risks to financial stability and the exploding volume of transactions. If enacted, the move would align with remarks made by Russian President Vladimir Putin last month, who stated…
YouHodler is a fintech platform that helps people access the benefits of the crypto economy. It allows users to get instant cash and cryptocurrency loans, exchange crypto, and earn up to 13% APY by depositing crypto in their reward account. Ilya Volkov is the CEO and Founder of YouHodler. He recently joined the Bitcoin.com News Podcast to talk about the…
In brief El Salvador’s president made Bitcoin legal tender in the country in September. The law has proved controversial in El Salvador, though the president remains popular among citizens, according to a new survey. Nayib Bukele, El Salvador’s controversial president, is still hugely popular in the country—but not because of his Bitcoin bet, according to a new survey. Salvadoran newspaper…
Former chairman of the U.S. Securities and Exchange Commission, or SEC, Jay Clayton, was appointed by ex-President Donald Trump to serve in 2017. In his tenure as head of the SEC, Clayton often defended Bitcoin (BTC) as a store of value. This past Wednesday, during an interview with CNBC’s Squawk Box show, Jay shared his thoughts on cryptocurrency and how…
This article is a collaborative piece written by Greg Foss and Seb Bunney. Therefore, when the word “we” is used, the authors are referring to themselves. In “part one” of this article, we provide a high-level overview on options, the components that make them valuable and how these components are priced in order to come up with a comprehensive value…
The Bank of England has become the world’s first major central bank to raise interest rates since last year when the pandemic pushed all large economies to employ accommodative monetary policies. Bitcoin is trading stable around $48,000 at press time, having scored a minor 1.80% correction so far on the day. Its resiliency comes despite a broader risk-off sentiment arising…
Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset purchases) and end the program by March 2022. Moreover, the FOMC members decided to keep interest…
