Bitcoin Price About to Smash $30,000, Leaves Blue Chips in Dust

Bitcoin price on Friday touched another all-time high at $29,700, after the world’s most popular digital currency surged nearly half in just two weeks and almost quadrupled in value this year. Continuing its upward rally amid heightened interest from bigger investors, traders are now eyeing the psychological $30,000 per bitcoin level sooner than later. As a result, the latest gains […]

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Goodbye 2020! Happy New Year from CryptoDaily!

2021 is sure to be another exciting year for the crypto space and one that we’re very much looking forward to.  This year has been a year with ups and many *many* downs, but that didn’t stop us from reporting the best and latest crypto and blockchain news to you, our readers!  Many of you will be glad to see […]

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Grayscale’s Cryptocurrency Assets under Management Crosses $20 Billion

Grayscale, the world’s largest cryptocurrency asset manager, now has more than $20 billion worth of digital assets under management. The company’s Bitcoin holding has a value of nearly $17.5 billion. According to the latest update provided by the company on Twitter, Grayscale’s total assets under management (AUM) reached $20.2 billion on the last day of 2020. The cryptocurrency asset manager […]

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Binance Announces $10 Million Compensation Plan

Binance announced that it has made a decision to compensate its users who lost money during the attack on DeFi project, Cover Protocol earlier this week. Hackers minted an unlimited supply of the Cover coin earlier this week. Binance has allocated more than $10 million for affected and eligible users. According to the official announcement, Binance will utilize its Secure […]

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Grayscale Reports $20.2 Billion In AUM

Grayscale continues to expand as we enter 2021. The digital asset management company informed that they are now managing $20.2 billion in assets. The company is offering different crypto investment products that help traditional investors to get exposure to virtual currencies. This shows the market has been expanding over the last months.  Grayscale AUM Reach $20.2 Billion The digital asset […]

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Coinbase Sued For Helping Ripple Raise Billions by Selling XRP

A plaintiff, Thomas Sandoval, is lodging a class action lawsuit at a San Francisco federal court against Coinbase. He alleges that the exchange received commissions by helping Ripple sell XRP without registering with the United States Securities and Exchange Commission (SEC), approving them to sell securities, a filing captured on Dec 30 reveals. The Sandoval v. Coinbase Case In the […]

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FinCEN Wants Disclosure of Americans’ Offshore Crypto Holdings

The Financial Crimes Enforcement Network (FinCEN) has dropped another bomb on the cryptocurrency industry in the last hours of 2020, as it revealed its intentions to make the reporting of crypto holdings over $10,000 mandatory held with foreign digital currency service providers. In a proposal filed on Thursday, the US Treasury Department unit proposed an amendment to the Bank Secrecy […]

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