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Guggenheim Investment Fund to Invest $497 Million in Grayscale’s GBTC Seeking Bitcoin Exposure
30.11.2020
Guggenheim’s billion-dollar Marco Opportunities Fund (MOF) may seek indirect exposure to BTC through the investment of 10% of its net asset value into Grayscale’s BTC Trust (GBTC). The investment (when complete) means MOF will have committed as much as $497 million into the GBTC. In...
Trade in Forex With LPN TOKEN, World’s Second Largest Cryptocurrency That Has Paired With US Dollar After JP Morgan Group
30.11.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Wales, England – LUXURIOUS PRO NETWORK TOKEN is the most ambitious project of LPNT GROUP. The group is already a global leader in the domain of luxurious transportation and forex trading services.
The group...
Dogecoin Price Trades Below $0.0035 but Retains Complete Support
30.11.2020
Dogecoin, that is believed to have a concurrent momentum with that of the largest cryptocurrency—Bitcoin is now trading amongst the top 50 cryptos of the market. However, it was until the onset of the ongoing year when DOGE was one of the top 30 cryptos of the market. With an almost stagnant...
XRP Price Breaks Above $0.60 After Correcting as Low as $0.455
30.11.2020
XRP’s breakout is a clear symbol of spurring investors’ hopes against the consolidating momentum that it bore for 30 months now before it breached above $0.75 in the last week. With a gain in momentum over the past week, XRP also regained its lost position that it failed to Tether in...
Basic Attention Token Price Fails to Reclaim YTD High; Trades at $0.222
28.11.2020
Basic Attention Token, one of the top 50 cryptos of the global market, is seen declining after gaining at the onset of the week, when it rose as high as $0.285, while currently trading at $0.222. BAT was seen drawing a clear uptrend against the US Dollar after the significant pullback and YTD...
Law Decoded: Cents and stability, Nov. 20–27
27.11.2020
Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week's Law Decoded
ENCORE: Luke Gromen on the History and (Declining) Future of the Global Dollar System
27.11.2020
As some start to wonder about a post-Bretton Woods economic system, macro analyst Luke Gromen explains how that post-World War II system came to be
EOS Price Pulls Back from 3-Month High; Trades Below $3
27.11.2020
EOS may appear dead as per the crypto’s current price movement irrespective of the intermittent rises in the previous quarter and recently when it spurred as high as $3.8, while currently trading with a sheer correction of over 25% in just two days. The current bearish candlewick led to...
Bitcoin SV Price Corrects Below 3-Month High; Trades Below $165
27.11.2020
Bitcoin SV price Movement Overview Bitcoin SV pulled back from the 30-month high marked above $200 at $216 on the daily chart and is ranked amongst the market’s top 15 cryptos. Although the hard fork of BCH is seen trading as the most lucrative cryptos of the market, we cannot ignore the fact...
Chainlink Price Crosses Above $12.5 and Reclaims Lost Support
27.11.2020
Chainlink, one of the lucrative projects amongst the top 10 coins of the global crypto market, is seen pulling back just like any other altcoin of the market, including the largest cryptocurrency by market capitalization—Bitcoin. The entire crypto market is seen losing the winning streak, including...
Facebook’s Libra to reportedly launch in January 2021 as USD stablecoin
27.11.2020
Libra will initially be pegged to just one fiat currency
Facebook-Led Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report
27.11.2020
Libra might eventually get off the ground as early as January albeit in a more limited format
$100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit
27.11.2020
Lenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan. This happened after what appears to be an oracle exploit on the Dai stablecoin. An apparent error or malicious attack to the Dai-dollar-peg data...
TRON Price Falls Below $0.030 After Spurring to $0.039
26.11.2020
TRON Price Overview TRON, one of the top 20 cryptos of the market, is seen trading with a positive sentiment just like any other altcoin of the market. The major example being XRP that has reclaimed its position amongst the top 3 major cryptos of the market against Tether. At the same time, the...
Major Australian Investment Firm Moves From Negative-Yielding Assets Like Gold to Bitcoin
25.11.2020
A billion-dollar Australian investment management firm has gotten into bitcoin, citing that the cryptocurrency is superior to gold. Many of the firm’s clients have been asking about investing in bitcoin. “We have been positioning in gold for our clients for many many years now....
US intelligence is looking at Chinese CBDC as a national security threat
25.11.2020
The Director of National Intelligence wants to have the SEC's leader briefed on the dangers of the U.S. falling behind in crypto
Verge Price Breaches 17-Month High; Trades Above $0.0100
25.11.2020
Verge (XVG), one of the top 100 cryptos of the global market, is seen trading with a steep hike in the price and currently trades above $0.0100, breaching the 17-month high after having breached in the previous year. Verge, just like any other altcoin of the market, is seen trading with a steep...
Economic justice doesn't need the blockchain, say advisors to ‘The Squad’
25.11.2020
Making digital cash work efficiently for public stimulus payments doesn't require a detour through blockchain technology, in the view of U.S. progressives
Bitcoin Price Trades $1,000 Below the All-Time High at $18.9k
24.11.2020
Bitcoin price continues to trade above $18k for the 4th day in the row since November 20, 2020. However, the largest cryptocurrency by market capitalization crossed above $18k for the first time this year on November 18, 2020. Over the past four days, BTC is drawing a bullish crossover. With...
Ethereum Price Breaches a 30-Month Resistance; $1000 Any Soon?
24.11.2020
Ethereum Price: An Overview Ethereum breaks 2-and-a-half-year long resistance as it crosses above $500 & $600 with a steep bullish candlewick on the 3-day chart against the greenback. Moreover, it was until two days back when a clear uptrend was seen, but the ETH price was still below $600....