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‘Let’s Not Be Bitcoin’: Yearn Finance Considers Minting $200M in New YFI Tokens

‘Let’s Not Be Bitcoin’: Yearn Finance Considers Minting $200M in New YFI Tokens

Turns out the “no inflation” meme may not be here to stay.

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Silvergate results show Q4 momentum as bank starts year with a $200 million follow-on public offering

Silvergate publishes its Q4 earnings earlier than expected, along with the announcement of a follow-on public offering of $200 million in Class A shares.

The post Silvergate results show Q4 momentum as bank starts year with a $200 million follow-on public offering appeared first on The Block.

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Market Wrap: Bitcoin Drops Briefly Below $33.5K While Ether Calls Dominate Options

Bitcoin fell by over $3,300 while options traders see ether going higher.

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Tether Use on Tron Passes Ethereum as Low Fees Attract Small Transactions

Tron USDT volume eclipses Ethereum for the third consecutive week.

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Barclays Private Bank chief market strategist says bitcoin is ‘almost uninvestable’

Gerald Moser, the chief market strategist, equated bitcoin to other risk assets like oil.

The post Barclays Private Bank chief market strategist says bitcoin is ‘almost uninvestable’ appeared first on The Block.

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Pornhub Now Accepts XRP, DOGE, BNB and USDC

The adult entertainment website now accepts payment in 16 cryptocurrencies.

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Is Janet Yellen #Bitcoin’s Biggest Enemy or Greatest Asset? Yes

As a new administration is sworn in, how will one if its most important officials – nominated Treasury Secretary Janet Yellen – impact the digital assets space?

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Lawyer for Bitfinex, Tether says firms are almost finished producing documents sought by NYAG

A new court filing indicates that the New York Attorney General has received much of the information it has sought from iFinex, the parent company of stablecoin issuer Tether and crypto exchange Bitfinex. The letter, penned by Steptoe partner Charles Michael, explains: “The Respondents have largely completed the document production and have produced a substantial volume material to […]

The post Lawyer for Bitfinex, Tether says firms are almost finished producing documents sought by NYAG appeared first on The Block.

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Bitcoin Sells Off on Bearish Sentiment, Yellen Worries

The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink.

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The Relationship Between US Government Debt and Bitcoin, Explained

Bitcoiners are looking for persistent USD inflation to validate their favorite asset. That’s unlikely to happen soon, economists say, but low interest rates are still a boon for BTC.

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