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Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender
17.6.2021
The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,” he said. Central American Bank for Economic Integration...
British Asset Manager Ruffer Bags $1.1 Billion Profit From Bitcoin
8.6.2021
British asset management firm Ruffer reportedly said its bitcoin investment has generated about $1.1 billion in profit. The firm says bitcoin has been “a wonderful store of value” and it is still optimistic about the cryptocurrency in the long term. Ruffer Profits $1.1 Billion From...
Optimistic Rollups Not All the Same: A Review of Ethereum L2 Solutions
18.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Optimistic Rollups are often considered as the next major achievement for Ethereum, which will allow it to scale and take back the crown it has recently...
Bitmain Cofounder Jihan Wu Says ‘Crypto Industry May Surpass the Internet’
1.5.2021
During the Second 421 Wet Season Festival and Mining Ecology Conference the Chairman of the Bitdeer Group and cofounder of Bitmain, Jihan Wu spoke about institutions flocking to cryptocurrency mining. During the event Bitdeer outlined the company’s computing partnerships and its plans to make...
Finder’s Bitcoin Prediction Survey Shows Respondents Forecast Six-Digit BTC Prices
27.4.2021
The comparison website that operates in 83 countries, finder.com, has recently published its quarterly bitcoin price prediction report for 2021 and the panellists are very optimistic about bitcoin’s future value. A number of Finder’s panel of 35 fintech specialists believe that bitcoin...
Swedish Central Bank Releases the First Study About Its CBDC E-Krona Pilot
9.4.2021
The Swedish central bank keeps making steps towards modeling its e-krona pilot project by issuing a detailed report of the results of phase one for the path ahead. Riksbank is still optimistic about launching its central bank digital currency (CBDC), but there are hurdles to clear out on the road....
Study Finds Cryptocurrency Scams Surged 40% in 2020, Forecasts an Increase of 75% in 2021
19.3.2021
A new study revealed that cryptocurrency-related scams almost doubled over the last year. However, forecasts are not optimistic going forward, as the report forecasts another significant increase in the number of cases in 2021. Research Scanned Over 300 Million Websites According to...
Fidelity Optimistic About Bitcoin Regulation Under Biden Administration — Sees Strong Institutional Demand
31.1.2021
Fidelity Digital Assets President Tom Jessop has shared his view on the future of bitcoin and cryptocurrency regulation under the Biden administration. He confirms that Fidelity is seeing strong demand for bitcoin from institutional buyers. Fidelity Digital Assets’ Head Optimistic About...
New project uses rollups to build Linux-based decentralized computer
29.1.2021
The Cartesi team thinks rollups can be used for more than just Solidity smart contracts
Gold Bug Frank Holmes Optimistic About BTC Prospects in 2021, Says Halving Cushioned Demand
9.12.2020
The well known gold bug, CEO and chief investment officer at U.S. Global Investors, Frank Holmes recently sat down for an interview and discussed his price predictions in regard to the 2021 value of gold. Holmes also said that cryptocurrencies will continue to do well next year, as he believes...
Volatile Bitcoin Not a True Store of Value Just Yet, Says Fidelity Digital Assets Head
5.12.2020
Fidelity Digital Assets president Tom Jessop says that bitcoin is not a true store of value just yet because the digital asset is still too volatile, Reuters reported. However, investors are optimistic bitcoin will attain this status. “We use the word ‘potential store of value’...
Joseph Lubin says insiders are 'very optimistic' about how fast Eth2 will unfold
3.12.2020
Joseph Lubin believes Eth2’s development will move quicker than many are expecting, predicting the new protocol will “absorb” Ethereum in “the not too distant future”
8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs
23.10.2020
The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch all-time highs (ATH) in their local currency....
US House Speaker ‘Optimistic’ About Reaching a Stimulus Pact: Reports
20.10.2020
Nancy Pelosi said she was “optimistic” after the administration made concessions on coronavirus testing and tracing ahead of a Tuesday evening deadline
Bitcoin price breaks $11K, crypto traders optimistic about BTC’s action
9.10.2020
Bitcoin slumped to $10,500 in the first week of October and has recovered above $11,000. Traders explain what happens next for BTC
DeFi Darling yearn.finance Crashes 60% From ATH, Analysts Still Optimistic
6.10.2020
Known as one of the hottest decentralized finance (DeFi) tokens of the year, yearn.finance’s YFI token is now down by close to 60% from its all-time high just over three weeks ago.
At the time of writing (11:50 UTC), YFI was down by 6% over the past 24 hours, and down by just over 31% over...
Scaling DeFi with Optimistic Rollups is not the best option, says Matter Labs CEO
2.9.2020
Ethereum needs to scale with layer-two in the short-term, and ZK Rollups can pick up the slack
Bitcoin Drops Today While Market Optimistic About the ‘Main Bull Phase’
11.8.2020
The most popular cryptocurrency bitcoin (BTC) corrected lower today despite positive news and generally optimistic sentiment in the market.
At pixel time (17:25 UTC), BTC trades at USD 11,412, after reaching USD 11,930 earlier today. The price is down by 4% in a day, trimming its weekly gains...
India Plans Lasting Ban on Crypto; Crypto Leaders Are Still Optimistic!
12.6.2020
India is seemingly planning to come up with a law to ban cryptocurrencies. The government thinks that the legal framework can be more effective than the circular that is passed by the Reserve Bank of India. (RBI). A government official stated in the press release that there is notice circulated...
Market Outlook: Golden Cross Invalidated, Andreessen Horowitz Predicts ‘Fourth Crypto Cycle’
24.5.2020
The price of bitcoin and a number of other popular cryptocurrencies have been collectively holding a market valuation of around $255 billion. The fiat value of these cryptocurrencies has slipped downwards during the last four days. Despite the weekly losses of around 3-6%, many digital currency...