Daily Crypto NewsEDITION #163, 27 February 2021

Market, get well!

Hey #Moni Maker 👍

Today, in 1956, the first network cable for a computer was patented in the United States. Did the people of that time know that one day computers would come to every home? The question is rhetorical.

Very soon, new inventions will be patented through the NFT. And we move on to the news.

Let’s go!

The Nasdaq 100 is down about 3%, nearing its biggest drop since October. The S&P 500 is down 2 percent and the Dow is down 1.5 percent.

The 10-year Treasury bond yield rose 23 basis points to 1.6 percent, the highest since last February.

Across all markets, investors are betting on a more "sunny outlook" for the global economy, and the latest U.S. jobless claims data supports that idea.

But some traders worry that reviving growth is already priced into stocks, and, inflation is just around the corner.

So what?

Crisis, hello. In every digest we advise do not panic. Also, don't listen to the advice. :)

Major U.S. cryptocurrency exchange Kraken is negotiating a new round of financing that could boost the company's valuation to $10 billion or more.

So what?

Apparently, Coinbase's success has left no one indifferent: BInance has started to actively develop BSC, Kraken is launching new funding rounds...

Only Bitfinex was lucky: it was enough for them to close the Tether case.

Canadian Purpose ETF added another 417 BTC to their portfolio yesterday - they now have over 10,000 BTC under management just one week after launch.

The Tokyo District Court approved a document proposed by the trustee in December 2020. Nobuaki Kobayashi, trustee of bankrupt crypto-exchange Mt.Gox, announced that creditors will vote on a refund plan. The vote will take place online, by mail and in person to decide by Oct. 20, 2021.

The repayment plan published earlier calls for payments in fiat, BTC and Bitcoin Cash. Mt.Gox will sell the remaining cryptocurrencies. Fiat payouts are a priority - some or all of BTC and Bitcoin Cash can be sold to cover them.

The trading platform's wallet holds 137,891 BTC (about $6.3 billion).

— European EUR, CHF, SEK, NOK and DKK stablecoins released by e-Money will circulate on Elrond's main network;

— Hapi IDO on Poolz will take place on March 10.

And one more thing...Buy Bitcoin! 😉