Crypto News Digest April 11-17

11 April, 2021

Mass adoption may take crypto toward centralization.

German Greens talk Bitcoin in their manifesto as Angela Dorothea Merkel, one of the longest ruling elected politician, steps down.

Many analysts, including ones from Bloomberg, predict an unprecedented move to $400k.

12 April, 2021

Speculation went into overdrive in February when an anonymous Indian minister told Bloomberg that a nationwide blanket ban on cryptocurrency was imminent and that holders would be given a matter of months to dispense with their coins and tokens. Regardless of these speculations, cryptocurrency is booming in India.

Mike Novogratz’s Galaxy Digital has filed with the U.S. Securities and Exchange Commission to launch a Bitcoin exchange-traded fund.

MicroStrategy, a publicly-listed company spearheaded by Michael Saylor, who’s arguably one of Bitcoin’s biggest proponents, will now pay the board fees to its non-employee directors in bitcoin.

13 April, 2021

Investment banking giant HSBC has confirmed banning customers of HSBC InvestDirect from buying MicroStrategy shares due to bitcoin concerns.

Cryptocurrency Open Patent Alliance (COPA), an initiative created by Twitter CEO Jack Dorsey’s payment company Square, has moved to sue Craig Wright over the Bitcoin white paper.

Janet Yellen, Bitcoin and crypto fearmongers get pushback from Michael Morell, a 33-year veteran of the agency and former CIA director.

14 April, 2021

In less than two months, one Canadian Bitcoin ETF attracted $1.1 billion in assets under management, while two more funds are also growing their AUMs.

Peter Brandt: You’re Doing it Wrong if You Accumulate Dollars Over Bitcoin.

Expect more Bitcoin on balance sheets, as Paypal, MicroStrategy Fidelity And Walmart sound off on blockchain.

15 April, 2021

“We’re going to see another round of pretty dramatic attempts at regulating this space. As there’s more and more activity in these spaces there’s more and more demand signal for regulators to get engaged and involved.” World Economic Forum’s head of blockchain and digital assets, Sheila Warren

Insurance giant AXA Switzerland now allows customers to pay premiums in bitcoin.

Guggenheim CIO: Bitcoin Could Fall to $20K-$30K Range if ‘We Get a Risk-Off Moment’

16 April, 2021

The Central Bank of Turkey has issued a ban against the use of Bitcoin and other cryptocurrencies by its citizens to pay for goods and services.

Cryptology Asset Group, the Malta-based crypto investment firm, has raised €32 million through a share issue. The money will be used to invest in crypto and blockchain startups.

17 April, 2021

Leading bitcoin ATMs firm Coin Cloud is planning to leverage the asset’s increasing demand by installing additional 8,000 machines worldwide by the end of 2021.

“I’m still fascinated about it, I’m encouraged by how many people are focusing on it, I’m encouraged about the narrative that it may become a great asset class. And I do believe this could become a great asset class.” Larry Fink, the CEO of multi-trillion dollar investment giant BlackRock revealing his rosy outlook on Bitcoin and the crypto markets at large.

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