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Logo of telegram channel insiderprodigest — iHodl.com
Channel address: @insiderprodigest
Categories: Cryptocurrencies
Language: English
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Subscribers: 845
Description from channel

A roundup of key news in Blockchain and cryptocurrency market
Website: ihodl.com
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The latest Messages 7

2021-06-02 19:00:53 Coinbase Pro Adds Support for Dogecoin

Coinbase Pro, the division of US cryptocurrency exchange Coinbase for institutional investors, has announced it has added support for the meme cryptocurrency dogecoin;

JPMorgan Hints Another Bitcoin Crash on Horizon

Analysts at JPMorgan doubt that bitcoin's recent flash-crash is over. According to JP Morgan strategist Nikolaos Panigirtzoglou, the longer-term signal for bitcoin "remains problematic";

Thailand's Central Bank Hires German Firm to Develop its Digital Currency

The Bank of Thailand (BoT), the country's central bank, has hired the services of German payments giant Giesecke+Devrient (G+D) to assist in the development of its retail central bank digital currency;

Revolut Lists 8 New Tokens as Market Recovers

Revolut, a UK-based fintech startup, has added support for eight new tokens as the cryptocurrency market is trying to recover after the recent sell-off.

Market Cap at 17.00 (GMT) - $1.712 trillion

BTC $38,123.29 (+4.84%)
ETH $2,793.72 (+8.60%)
BNB $413.73 (+18.28%)
ADA $1.79 (+5.02%)
DOGE $0.41 (+31.92%)

Mining Profitability

BTC $0.24 for 1 TH/s
ETH $0.07 for 1 MH/s
LTC $3.56 for 1 GH/s
BCH $0.23 for 1 TH/s
DASH $0.02 for 1 GH/s
178 views16:00
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2021-06-01 19:01:00 Bitcoin and Ethereum Networks Fees Fall to a Six-month Low

The fees for processing transactions on the Bitcoin and Ethereum networks have fallen to a six-month low amid declining market activity;

Mt.Gox Creditors Start Voting on Draft Rehabilitation Plan

Mt.Gox victims can now vote on a draft rehabilitation plan. However, the proposal will only be passed if a majority vote for it;

Thai SEC: Any Activity Related to DeFi Requires a License

The Securities and Exchange Commission of Thailand (SEC) has tightened the regulation of the decentralized finance sector;

Coincheck to Conduct Japan's First IEO
Cryptocurrency exchange Coincheck has announced plans for Japan's first initial exchange offering (IEO).

Market Cap at 17.00 (GMT) - $1.611 trillion

BTC $36,264.64 (-1.98%)
ETH $2,560.23 (-1.90%)
ADA $1.69 (+2.03%)
BNB $349.09 (+0.85%)
XRP $1.01 (-0.11%)

Mining Profitability

BTC $0.24 for 1 TH/s
ETH $0.07 for 1 MH/s
LTC $3.64 for 1 GH/s
BCH $0.23 for 1 TH/s
DASH $0.02 for 1 GH/s
88 views16:01
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2021-05-31 19:00:43 Ethereum Devs Identify Vulnerability in EIP-1559

Ethereum developers have discovered a vulnerability in the proposal EIP-1559 that could lead to network congestion, Ethereum Foundation member Tim Beiko said;

Robinhood Fails to Block Massachusetts Watchdogs' Case

Massachusetts state regulators will move forward with enforcement action against Robinhood as the fintech broker failed to block their allegations in court;

US Treasury Will Force Crypto Companies to Share Client Data

The US Department of the Treasury has proposed to expand the data sharing requirements brokers must comply with in relation to cryptos;

a16z Aims $2B Funding Round for Its Crypto Fund: Report

Andreessen Horowitz is planning to raise $2 billion for its third crypto fund.

Market Cap at 17.00 (GMT) - $1.608 trillion

BTC $37,009.84 (+4.90%)
ETH $2,596.23 (+10.12%)
ADA $1.66 (+3.65%)
BNB $347.26 (+8.57%)
XRP $1.01 (+15.55%)

Mining Profitability

BTC $0.21 for 1 TH/s
ETH $0.06 for 1 MH/s
LTC $3.38 for 1 GH/s
BCH $0.32 for 1 TH/s
DASH $0.02 for 1 GH/s
91 views16:00
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2021-05-28 19:00:58 Metalla Royalty CEO: Cryptos Will Cause the Next Financial Crisis

Brett Heath, CEO of Metalla Royalty & Streaming, a Canadian company that offers access to precious metals through royalties, says the leading cryptocurrency could trigger the next financial crisis;

Danish Central Banker Sees Threat for Central Banks If Tech Giants Turn to Crypto

Technology giants' coming to the currency area could be a real threat to the autonomy and independence of central banks, said Lars Rohde, the governor of Denmark's central bank;

WisdomTree Files Application to Launch Ethereum ETF

WisdomTree has filed an application to launch an exchange-traded fund (ETF) linked to Ether, according to data provided by the US Securities and Exchange Commission (SEC);

Bank of Canada Sees No Reason to Rush with CBDC

According to Deputy Governor, Timothy Lane, the bank will continue studying on how its digital currency might look and work.

Market Cap at 17.00 (GMT) - $1.607 trillion

BTC $36,681.19 (-8.31%)
ETH $2,560.50 (-9.91%)
BNB $338.20 (-12.01%)
ADA $1.54 (-10.91%)
XRP $0.90 (-11.55%)

Mining Profitability

BTC $0.19 for 1 TH/s
ETH $0.07 for 1 MH/s
LTC $3.85 for 1 GH/s
BCH $0.17 for 1 TH/s
DASH $0.02 for 1 GH/s
76 views16:00
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2021-05-27 19:00:45 Fidelity Raises $102M For its Bitcoin Fund

Investment firm Fidelity has raised $102 million for its bitcoin fund since its launch in August 2020;

Apple Seeks Business Manager Focused on 'Alternative' Payments

Apple has published a new job vacancy, according to which, the Cupertino-based is looking for a new business development manager focused on alternative payments;

PayPal Will Allow Users to Withdraw Cryptos to Third-party Wallets

PayPal plans to add the possibility of withdrawing cryptocurrencies to third-party wallets, said the company's vice president José Fernández da Ponte;

BlackRock Studying Bitcoin's Countercyclical Benefits

BlackRock is studying cryptocurrencies like bitcoin to find out whether digital assets could offer countercyclical benefits.

Market Cap at 17.00 (GMT) - $1.737 trillion

BTC $39,689.70 (+2.35%)
ETH $2,811.07 (+2.49%)
BNB $379.64 (+3.68%)
ADA $1.72 (+0.55%)
XRP $1.01 (+2.55%)

Mining Profitability

BTC $0.21 for 1 TH/s
ETH $0.08 for 1 MH/s
LTC $4.69 for 1 GH/s
BCH $0.22 for 1 TH/s
DASH $0.02 for 1 GH/s
86 views16:00
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2021-05-26 19:00:37 Canadian Regulator Files Lawsuit Against Crypto Exchange Poloniex

The Ontario Securities Commission (OSC) has filed a lawsuit against crypto exchange Poloniex. The regulator accuses the company of trading derivatives and unregistered shares;

US Treasury Warns White House on Risks About Crypto: Report

White House officials have been briefed by the US Treasury on the risks posed by the cryptocurrency market;

GameStop Set to Launch Its Own NFT Platform

US video game and console retailer GameStop intends to launch its own non-fungible token (NFTs) platform;

China's Inner Mongolia Reveals New Guidelines on Mining Ban

The local authorities will hold a public consultation on the draft until June 1.

Market Cap at 17.00 (GMT) - $1.692 trillion

BTC $38,564.35 (+1.70%)
ETH $2,707.58 (+3.96%)
BNB $360.81 (+8.22%)
ADA $1.68 (+8.79%)
XRP $0.98 (+4.14%)

Mining Profitability

BTC $0.21 for 1 TH/s
ETH $0.08 for 1 MH/s
LTC $4.30 for 1 GH/s
BCH $0.22 for 1 TH/s
DASH $0.02 for 1 GH/s
70 views16:00
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2021-05-25 19:00:37 Crypto Chia Devs Plan to Hold an IPO

Blockchain company Chia Network Inc. has raised $61 million from a group of investors, including Richmond Global Ventures and Andreessen Horowitz;

Michael Saylor Teases New Bitcoin Mining Council

MicroStrategy Chief Executive, Michael Saylor, has hosted a meeting between Elon Musk and the leading bitcoin miners in North America;

Mining Firm Marathon Digital Plans to Establish a Mining Farm in Texas

Marathon Digital, one of the largest mining companies, has unveiled plans to build a new mining farm in Texas;

Fed Governor: Widespread of Private Monies Could Fragment US Payment System

Federal Reserve Governor, Lael Brainard, says the adoption of private monies like stablecoins could fragment parts of the US payment system.

Market Cap at 17.00 (GMT) - $1.626 trillion

BTC $37,616.16 (-1.46%)
ETH $2,576.68 (+2.39%)
BNB $330.86 (+2.26%)
ADA $1.55 (+2.37%)
DOGE $0.34 (+1.49%)

Mining Profitability

BTC $0.21 for 1 TH/s
ETH $0.08 for 1 MH/s
LTC $4.03 for 1 GH/s
BCH $0.19 for 1 TH/s
DASH $0.02 for 1 GH/s
44 views16:00
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2021-05-24 19:00:35 South Korea Moves Forward in the Development of its Digital Currency

The Bank of Korea (BOK), South Korea's central bank, has reported it is continuing to move forward with the development of its central bank digital currency;

Huobi Limits Services in China

Cryptocurrency exchange Huobi is reportedly scaling back its services in China due to the country's recent crackdown on the cryptocurrency mining market;

Crypto Project DeFi100 Steals $32 Million From Users

The price of D100, DeFi100's native token, has lost 25% of its value over the past 24 hours to $0.08;

Bitcoin's Value Based on Wishful Thinking: Deutsche Bank

Bitcoin's value will continue to develop depending on what people believe it is worth.

Market Cap at 17.00 (GMT) - $1.585 trillion

BTC $37,549.47 (+12.14%)
ETH $2,428.64 (+25.68%)
BNB $315.86 (+33.93%)
ADA $1.49 (+26.94%)
DOGE $0.33 (+12.71%)

Mining Profitability

BTC $0.2 for 1 TH/s
ETH $0.09 for 1 MH/s
LTC $3.64 for 1 GH/s
BCH $0.28 for 1 TH/s
DASH $0.02 for 1 GH/s
105 views16:00
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2021-05-21 19:01:02 ETF Provider Teucrium Trading Files ETF Application With the SEC

ETF provider Teucrium Trading has filed with the US Securities and Exchange Commission (SEC) an application to launch a Bitcoin ETF;

Fed to Reveal Details on US CBDC This Summer

The Federal Reserve System is going to reveal this summer a discussion paper on the possibility of issuing a US central bank digital currency;

Coinbase to Acquire Asset Manager Osprey Funds

US cryptocurrency exchange Coinbase, which went public on the NASDAQ last April, may be interested in buying asset manager Osprey Funds;

Crypto Exchange Bitonic Wins Court Case Against Dutch Central Bank

Dutch cryptocurrency exchange Bitonic has announced that Dutch central ban formally acknowledged that its requirements on verifying cryptocurrency wallets were unlawful.

Market Cap at 17.00 (GMT) - $1.629 trillion

BTC $37,946.45 (-9.56%)
ETH $2,520.92 (-14.35%)
BNB $343.28 (-16.47%)
ADA $1.60(+14.91%)
XRP $1.25 (+5.68%)

Mining Profitability

BTC $0.21 for 1 TH/s
ETH $0.08 for 1 MH/s
LTC $3.84 for 1 GH/s
BCH $0.25 for 1 TH/s
DASH $0.02 for 1 GH/s
68 views16:01
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2021-05-20 19:00:29 Greenpeace Stops Accepting Bitcoin Donations Due to its High Energy Consumption

International environmental NGO Greenpeace has stopped accepting donations in bitcoin and other cryptocurrencies;

Bitcoin Touches $28K With Total Liquidations Hit $8.5B

There has been $8.59 billion in total liquidations as bitcoin suddenly dropped below the $30,000 mark;

Instagram Might be Developing an NFT Platform

Instagram, a social network owned by Facebook, may be working on the development of its own platform for non-fungible tokens;

WEF: Bitcoin Ban Will Affect Chinese Innovation

China's crackdown on cryptocurrencies is likely to affect its business innovation.

Market Cap at 17.00 (GMT) - $1.854 trillion

BTC $42,033.33 (+12.22%)
ETH $2,939.76 (+9.30%)
BNB $411.79 (+12.30%)
ADA $1.88(+14.91%)
XRP $1.25 (+5.68%)

Mining Profitability

BTC $0.23 for 1 TH/s
ETH $0.14 for 1 MH/s
LTC $4.94 for 1 GH/s
BCH $0.24 for 1 TH/s
DASH $0.03 for 1 GH/s
114 views16:00
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