US in Crypto Tax Balancing Act, ETH Miners Safe Until Nov. 2021 + More News
20.11.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto tax news
The US Treasury Department has told attendees at the OECD-arranged 2020 Global Blockchain Policy Forum that it is still undecided...
Morgan Creek and Exos file Bitcoin fund with SEC
20.11.2020
The Morgan Creek-Exos Bitcoin fund was filed with the SEC on Thursday
Path to $20K Bitcoin price now wide open after previous resistance breaks
20.11.2020
BTC/USD climbs to over $18,800 in Friday trading, less than $1,250 off its historic highs from 2017
BlackRock CIO says ‘Bitcoin will take the place of gold to a large extent'
20.11.2020
Bitcoin's network effect has forced traditional financiers to change their tune on the digital currency
German Finance Minister Says He Does Not Support Private Cryptos: Report
20.11.2020
Olaf Scholz said banks need to adapt for a digital world but seemed to rule out private digital currencies from that future
Bitcoin Derivatives See Record Highs, Year-End BTC Options Show 29% Chance Price Crosses $20K
20.11.2020
As the crypto economy sets its sights on half of a trillion in USD value, digital currency derivatives markets are swelling significantly. Bitcoin futures have surpassed a six-month high at $52 billion, while the crypto asset’s options markets have jumped massively too. Additionally, bitcoin...
UniSwap fights back as competitors drain value from the DEX
20.11.2020
Even as incentives continue to dry up on UniSwap, TVL across the board seems to have remained steady
ECB Suggests that Losing CBDC Race Could Have ‘Spillover’ Consequences
20.11.2020
The race to become the first major global economy to issue a central bank digital currency (CBDC) has just intensified – with the European Central Bank (ECB) seemingly admitting that when it comes to CBDC launches, it may pay to be first.
These were the findings of a new paper authored by Massimo...
SoftBank Boss Glad to Be out of Bitcoin, But His Firm Is Still in the Game
20.11.2020
Softbank CEO Masayoshi Son. Source: A video screenshot, Youtube/David Rubenstein
The CEO of SoftBank – one of Japan’s biggest conglomerates, and a firm with multiple crypto interests – said he took a multi-million USD loss by selling his bitcoin (BTC) holdings in 2018 because he “didn’t understand”...
BlackRock Exec Says Bitcoin Could Replace Gold ‘to a Large Extent’
20.11.2020
Rick Rieder, CIO of Fixed Income at investment giant BlackRock, has said that bitcoin and cryptocurrency are "here to stay."
Y Combinator, Pantera Back $3M Investment in New Crypto Derivatives Exchange
20.11.2020
Globe goes live Friday with the announcement of $3 million in funding from the likes of Pantera Capital, Y Combinator, Tim Draper and others
Tim Draper, Pantera Capital back new crypto derivatives exchange
20.11.2020
The surge in crypto derivatives trading is likely to continue amid the bull market