Search
Financial Analysts Expect US Dollar to Soften Further, 2021 Could Be the Greenback’s ‘Worst Year Ever’
4.12.2020
Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U.S. financial system looks even worse. Economists and analysts say the biggest concern is the U.S. dollar faltering into the unknown, as...
Blackrock CEO Larry Fink: Bitcoin Makes US Dollar Less Relevant, Can Evolve Into a Global Market
3.12.2020
The CEO of Blackrock, the world’s largest asset manager, said that bitcoin “can evolve into a global market.” Moreover, the cryptocurrency has a “real impact on the U.S. dollar,” making the need for the USD “less relevant.” Bitcoin Evolving Into a Global...
In 2021, Bitcoin To Hit USD 25K, Ether - USD 900 - Median Estimates Of Pre-rally Survey
2.12.2020
In October, when bitcoin (BTC) was still below USD 14,000 and ethereum (ETH) was fluctuating around USD 400, majority of the respondents in a survey by Kraken Intelligence, hoped that BTC will hit USD 20,000 in 2021 while ETH will at least be trading higher than the price in October. However,...
USDC issuer Centre lands Wall Street veteran David Puth as CEO
1.12.2020
The company behind USDC has added a new face that could help further institutional adoption
Bitcoin Dives As it Failed To Test USD 20,000, Altcoins Trim Gains
1.12.2020
There was a steady rise in bitcoin price above the USD 19,500 resistance. BTC even traded above USD 19,800, but it failed to surpass the USD 20,000 resistance. As a result, there was a sharp bearish reaction and the price is currently (13:00 UTC) down over USD 1,200 from today’s high.
Similarly...
Bitcoin Targets USD 20,000, Altcoins Show Strength
1.12.2020
In the past three sessions, there was a steady rise in bitcoin price above the USD 19,000 resistance. BTC surpassed the last swing high near USD 19,500 and traded to a new yearly high above USD 19,800. The price is currently (05:00 UTC) consolidating gains and it could attempt a move towards...
Facebook’s Libra Crypto Gets Ready to Launch in January as a Single Coin
28.11.2020
Facebook’s libra cryptocurrency is reportedly preparing to launch with a single cryptocurrency, a scaled-down version of its original plan. The launch date for Facebook’s libra could be as early as January. Launch Date for Facebook’s Libra The cryptocurrency libra, proposed...
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
The USD 4.2bn Question: Has China ‘Dumped’ PlusToken Bitcoin, Ethereum & Co?
27.11.2020
Source: Adobe/Александр Коликов
Crypto community members are wondering what has become of a huge stash of crypto worth a combined USD 4.2bn seized by the Chinese authorities who closed down the PlusToken crypto scam earlier this year – with some asking if the funds were already “dumped” onto...
Cryptocurrency and Safety Money, Bitcoin Vault Breaks Stereotypes
27.11.2020
Cryptocurrency theft has boomed over the past couple of years and this is no hoax. Over USD 1.40 billion was stolen in the first five months of 2020. If thefts continue to rise at this rate, 2020 may well become the second-costliest year in the history of crypto – lagging slightly behind last...
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
Coinbase CEO Warns of 'Rushed' Wallet Regulation, Bitcoin Drops Below USD 17K
26.11.2020
Brian Armstrong. The CEO of US-based major crypto exchange Coinbase, Brian Armstrong, caused quite a stir in the Cryptoverse when he warned that the outgoing Trump Administration is still not done with crypto regulation, possibly dealing it a massive blow as they exit the White House. Some...
Bitcoin Slides Below USD 18,000, Altcoins Take Stronger Hit
26.11.2020
Bitcoin price failed to clear the USD 19,500 zone and started a sharp decline. BTC broke many supports near USD 19,000 and USD 18,800 to move into a bearish zone. The price declined over 5% and it is currently (05:00 UTC) trading below USD 18,000.
Moreover, there was a sharp decline in most major...
Bitcoin Hits USD 19,000 And Altcoins
24.11.2020
On Tuesday, the most popular cryptocurrency, bitcoin (BTC), surpassed the USD 19,000 level for the first time since December 2017, while altcoins corrected lower.
At pixel time (10:09 UTC), BTC trades at USD 19,055 and is up by 2% in a day and 14.5% in a week. The price rallied by 45% in a month...
DOJ ‘Overlooked’ USD 500k in Forked Crypto in Bitcoin Bust
24.11.2020
American law enforcers may have made a slip-up that has left thousands of dollars’ worth of forked cryptoassets sitting around in wallets – potentially still within the grasp of at-large darknet criminals.
Per a blog post from a blockchain analytics firm and anti-money laundering solutions provider...
XRP Revisits 2018 Levels With Bullish Run Above USD 0.50
23.11.2020
With bitcoin (BTC) and ethereum (ETH) hogging the spotlight lately, Ripple-affiliated XRP is showing off in its own right. The No. 3 cryptoasset by market capitalization almost doubled in the past week and is the best-performing coin among the top 30 tokens by market capitalization in a month.
At...
Double Ethereum Rally: Price Nears USD 600, ETH 2.0 Deposit Contract Filled Over 50%
23.11.2020
Ethereum 2.0 (ETH 2.0) deposit contract surpassed 50% of staked ETH needed for the Phase 0 launch, as the coin's price rallies.
The price has been surging this past week, surpassing the USD 500 level for the first time in more than two years. At the time of writing (11:15 UTC), ETH trades at...
USDT Towers Over 30 Stablecoins- Tether’s Market Cap Grew by 2 Million Percent in Just Four Years
22.11.2020
During the last two years since the initial bear market after the 2017 bull run, stablecoins have been extremely popular. Today, statistics show that the market capitalization of all the notable stablecoins today is hovering above the $23.9 billion mark. Out of more than 30 stablecoins in 2020...
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...
Logic Enters Crypto Game With USD 6M Bitcoin Investment
20.11.2020
Logic. Source: Twitter/@Logic301
American retired rapper, record producer and streamer Sir Robert Bryson Hall II, aka Logic, said he bought USD 6m worth of bitcoin (BTC) last month. The artist subsequently changed his Twitter account name to Bobby Bitcoin in a reference to his crypto investment...