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Fed Says it Is Looking into Possibility of CBDC Issuance


Source: iStock/Jens_Lambert_Photography America appears to be the latest country to have had a change of heart on the matter of central bank digital currencies (CBDCs ) – with the head of the central Federal Reserve suggesting that a “digital dollar” may well be in the pipelines. In a speech...

Mixed Sentiment as Analysts Look For Crypto Market Direction


Bull market, bear market, or maybe altseason? Opinions are divided among crypto industry insiders on where exactly we are in the cycle, with some seeing a surge in prices ahead, and others remaining skeptical on whether the current rally is sustainable. The sense of confusion and mixed market...

Russian Parliament Could Pass Digital Financial Assets Bill Next Month


Source: iStock/Baris-Ozer Russia’s parliament, the State Duma, could pass its long-awaited crypto laws as early as March – and it appears that the impasse between pro-crypto businesses and the crypto-skeptic central bank may finally be over. Anatoly Aksakov, the chairman of the Duma’s financial...

Blockchain Group Asks IRS to Exempt Small Crypto Payments + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Tax news A blockchain trade group, the Wall Street Blockchain Alliance, asked the U.S. Internal Revenue Service (IRS) to exempt...

Big-hitting Crypto Companies SBI and GMO Reveal Results and Plans


Source: iStock/Sean_Kuma Two of Japan’s biggest crypto operators - SBI and GMO Internet - have revealed details about their Q3 financial performance – and claim they will expand their cryptocurrency operations in 2020. Financial giant SBI presented its latest financial report to shareholders....

Celsius CEO Gives 3 Reasons Why Bitcoin Might Reach USD 30K in 2020


Alex Mashinsky. Source: a video screenshot, Youtube, Nasdaq Bitcoin (BTC) may be standing between USD 20,000 and USD 30,000 by the end of this year, Alex Mashinsky, CEO of major crypto lender Celsius, predicted. What would lead to BTC to more than doubling its current price and potentially...

North Korea ‘Used LinkedIn, Telegram’ in USD 7m Crypto Exchange Hack


A report claims that the infamous North Korean hacking group Lazarus used LinkedIn and Telegram messages as part of a raid that saw it make off with some USD 7 million from Singapore-based exchange DragonEx in March 2019. Per Radio Free Asia, which quoted data from the Chainalysis 2020 Crypto Crime...

Why It's Important for Bitcoin if Bakkt and NYSE Owner Acquires eBay


The derivatives and equities trading company Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange and Bakkt, reportedly made a takeover offer to e-commerce giant eBay, which doesn't seem to have borne fruit. Nonetheless, the Cryptoverse has been speculating what would...

Jack Dorsey Unreachable as Bitcoiners Deal With Lightning Torch Confusion


Jack Dorsey. Source: a video screenshot, Youtube, WIRED Twitter founder and CEO Jack Dorsey still has not confirmed that he was awarded the second Lightning Torch on Tuesday, and does not respond to multiple requests by bitcoiners. Exactly a year ago, Dorsey received the first iteration of...

Bitcoin Corrects Lower While Altcoins Rise


After forming a short term top below the USD 9,650 resistance, bitcoin price started a downside correction. BTC/USD broke the USD 9,350 and USD 9,250 support levels. It even spiked below USD 9,200 and currently (09:00 UTC) consolidating above USD 9,200. On the other hand, there was a decent...

BitPay to Enable Merchant Payments From All Bitcoin Wallets + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Major crypto payments provider BitPay said that it will soon allow all BitPay invoices to be paid from any bitcoin...

Handshake Introduces a New Way to Send Your Crypto


Namebase and its blockchain Handshake have officially gone live, allowing their users to send funds to a simple name, instead of a complicated address. Handshake is a decentralized, permissionless naming protocol compatible with DNS (Domain Name System, a hierarchical and decentralized naming...

Bitspark to Shut Down Due to Internal Issues, Despite Positive Results


Maxine Ryan. Source: a video screenshot, Youtube, Real Vision Finance Bitspark, a bankless money transfer solution utilizing blockchain technology, will be shutting down in a month, despite reporting positive results. Hong Kong-based company will be closing its doors on March 4, 2020, announced...

Arthur Hayes Shares New Yield-Producing Strategies for Options Traders


Arthur Hayes. Source: a video screenshot, Youtube, Distributed Arthur Hayes, the outspoken CEO of major crypto derivatives exchange BitMEX, shared several strategies for how yield-hungry crypto holders can earn income from their holdings, using derivatives. In Hayes’ own words, his blog post...

Sony Just Proved That It Is Interested in Security Tokens


Sony looks set to get on the security token bandwagon and has made an undisclosed investment in Securitize, a San Francisco-based platform that issues and managing digital securities. The investment arm of the music and electronics giant joined a funding round that raised USD 14 million. Per...

Major Investment Force Awakens As Financial Advisors Warm Up To Bitcoin


It appears that traditional financial advisors - ”who manage roughly half of all wealth in America” - are becoming increasingly enthusiastic about digital assets, such as Bitcoin (BTC). In a piece published on accounting firm EisnerAmper LLP’s website by New York-based financial advisor Dara...

South Korean Bankers, Crypto-advocates Hope to Drive Crypto Tax Law


South Korea is inching closer to crypto tax legislation after a gathering of bankers, politicians and blockchain industry officials appeared to reach a consensus at a meeting held at the country’s parliament in Seoul. Per Jose Ilbo, the event was co-chaired by the Korea Blockchain Association,...

14 Major Japanese Finance Firms to Begin Blockchain Inheritance Pilot


Fourteen of Japan’s biggest banks and securities companies will begin running a pilot for a blockchain-powered inheritance platform. The pilot, which is being spearheaded by the Sumitomo Mitsui Trust Bank, will begin in mid-February. If successful, financial institutions in the country could aim...

Bitcoin And Altcoins Stuck in Range Above Key Supports


After a steady rise, bitcoin price failed once again to stay above the USD 9,500 resistance. BTC/USD corrected lower and declined below the USD 9,400 level. It is now approaching a couple of important supports near the USD 9,250 and USD 9,200 levels. Similarly, there was a downside correction...

Virtual Currency International (VCI) Vladimir Galabov on All Things


Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. _________ Unless you’ve been living under a rock, then you’re probably familiar with affiliate marketing and how it works. It’s particularly popular in the world of digital marketing and there’s...

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