CoinFlash


Markets

UK’s Starling Bank to Lift Ban Blocking Payments to Crypto Exchanges in 3 Weeks

The temporary ban was in response to concern about “high levels of suspected financial crime” associated with such payments.

London at sunset.

Markets

ETC Group to List First Bitcoin ETP in London on the Aquis Exchange

This is the first cryptocurrency ETP to be made available for trading on the U.K. market.

London

Markets

Dutch Court Rules Bitonic No Longer Requires Crypto Wallet Verification

The central bank of the Netherlands reverses a rule it made last year.

Symbol of Justice statue on Delft's Town Hall in the Netherlands

Markets

Ark Investment's Cathie Wood Says Bitcoin Will Go to $500,000

Wood made the prediction even as the leading cryptocurrency tumbled on Wednesday.

Cathie Wood, CEO of Ark Investment Management

Markets

Riot Blockchain's Q1 Mining Revenue Rose 881% to $23.2M

The company reported total mined bitcoin rose 62% from the previous quarter.

Bitcoin mining equipment

Markets

Robinhood to Reveal IPO Filings as Early as Next Week: Report

The filing will give potential investors their first detailed look at the millennial-friendly investment platform’s financials and risks, according to Bloomberg.

Robinhood

Markets

CBDCs May Be Disruptive for Financial Systems, Fitch Ratings Says

“Widespread adoption of CBDCs may be disruptive for financial systems if associated risks are not managed,” warn Fitch Ratings analysts.

The U.S. Federal Reserve is taking a more cautious approach towards CBDCs than in many other countries, including China.

Markets

Coinbase Rated 'Overweight' in Initial Coverage by Piper Sandler: Report

Analyst Rich Repetto points to the exchange's expanding market share in a fast-growing industry.

Coinbase CEO Brian Armstrong

Markets

ECB's Panetta Claims Bitcoin Threatens Global Sustainability Efforts

“Bitcoin alone is already consuming more electricity than the Netherlands,” Panetta said.

ECB

Markets

Oppenheimer Rates Coinbase Stock as ‘Outperform,’ Sets Price Target of $434

Oppenheimer analyst Owen Lau said Coinbase stock is likely to be volatile in the near term, but “earnings upside potential is significant.”

Coinbase CEO Brian Armstrong