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Who Let the DOGE Out? Meme-Based Cryptocurrency Soars 250% to Record High

A large chunk of the gains had retraced by mid morning, however.

Bitcoin News Roundup for Jan. 28, 2021

With digital-market traders taking GameStop’s stock gyrations as a moment for self-reflection, CoinDesk’s Market Daily is back with the latest news roundup.

Dalio Expects to Soon Offer Alt-Cash Fund, Says ‘Bitcoin Won’t Escape Our Scrutiny’

"Bitcoin looks like a long-duration option on a highly unknown future that I could put an amount of money in that I wouldn’t mind...

Prime Trust, tZERO Partner on Digital Asset Custody, Trading

The integration will enable Prime Trust to manage the custody of digital securities and cryptocurrencies for its customers using tZERO for trading.

Scarcity Gives Bitcoin Value, but Not the Way You Think

Bitcoin is "scarce" (and therefore valuable) when demand for it exceeds the available supply, not because of its 21 million hard cap, says our...

WallStreetBets Reddit Group: What Is It?

How an army of amateur traders from the WallStreetBets Reddit channel is turning the tables on traditional investors.

First Mover: Crypto Gawks at GameStop, Sees Shades of Self

Digital-market traders found amusement in the GameStop saga. They also saw an opportunity for self-reflection. Here's what Niall Ferguson, Caitlin Long, Mati Greenspan and...

Europol, Spanish Police Bust Alleged Scam Posing as Crypto Investment Training Firm

Europol worked with Spain’s Civil Guard and Catalan police to arrest six suspects aged in connection with the scheme.

Algorand Teams Up With Crypto Custodian Curv for ‘Trusted DeFi’

The firms aim to build technology that "appeals to traditional institutions, payment providers governments."

Hard-Hit Argentinian Farmers May Get Boost From Trading Platform for Tokenized Produce

Farm assets like soybeans will be tokenized on a platform from CoreLedger for trading against other assets like cattle or fiat currency.

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