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Facebook, China Light Flame Under Fed: Governor Cites Stablecoins Influencing Digital Dollar Research
9.2.2020
At the recent Symposium for Future Payments held in Stanford, California on February 5, Federal Reserve Governor Lael Brainard stressed the importance of remaining “on the frontier of research and policy development regarding CBDC.” The position seems a contrast to the narrative in 2018...
Bitcoin Exhibits a Bullish Signals; BTC/USD Trades Above $9.7k
8.2.2020
Bitcoin, at the time of writing this article, was trading with a bullish crossover above $9,000 The price trend of BTC seems to take a rising turn as per the current momentum and pattern which is confirmed from the parabolic pattern that it is reforming Further, BTC/USD move is likely to have...
Rewards-to-Crypto Plan May See Billions of USD Converted Into Bitcoin
7.2.2020
If the Cryptoverse is lucky, a new app could see billions of American rewards points converted into cryptocurrencies, such as bitcoin (BTC).
“The legacy payments infrastructure is ripe for disintermediation,” Jeff Sprecher, founder and CEO of Bakkt operator Intercontinental Exchange (ICE) told...
Major DeFi Milestone: Total Value Locked Hit USD 1 Billion
7.2.2020
We have been reporting for a while now about the massive growth the DeFi (decentralized finance) ecosystem is experiencing, and today, the Cryptoverse saw another major milestone reached - total value locked in DeFi surpassed USD 1 billion, before dropping below this threshold again.
The total...
Kyber Network Expects to Surpass USD 500 million in Volume This Year
6.2.2020
Kyber Network (KNC), an open-source, on-chain liquidity protocol, expects to facilitate over USD 500 million in transaction volume in 2020, or 29% more than last year, Loi Luu, CEO and Co-Founder of Kyber Network, told Cryptonews.com.
According to the CEO, Kyber facilitated USD 70 million worth...
Celsius CEO Gives 3 Reasons Why Bitcoin Might Reach USD 30K in 2020
5.2.2020
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
5.2.2020
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...
The Controversial S2F Model Predicts Bitcoin Price Will Reach 100,000 USD Within 2 Years
4.2.2020
The current price of BTC is roughly in line with the popular stock-to-flow (S2F) system for technical analysis, and if the trend continues some speculate the price of the asset could reach $100,000 within the next two years. Though the S2F tool is still a controversial metric, and various groups...
BitFlyer Now Offers US Users 0% Fees When Buying Bitcoin With USD
31.1.2020
U.S. residents now have one more option to buy Bitcoin with USD through bitFlyer’s zero-fee BTC/USD trading pair campaign
Uphold App Now Lets Users Easily Trade Directly Between Over 60 Cryptos, Fiat Currencies and Metals
29.1.2020
The new Uphold mobile app features an ‘Anything to Anything’ interface, which lets users easily trade directly between more than 60 assets. This means that Uphold users in the UK for example, can now directly buy bitcoin cash (BCH) with their local GBP fiat without having to use...
Over Million USD Bets Placed on Ethereum Reaching USD 600 by March
29.1.2020
Significant financial bets in the form of ethereum (ETH) call options have been seemingly placed by a trader or group of traders who are going in big in the hopes that ETH will exceed USD 600 before the end of March, just two months from now.
As of pixel time (12:21 PM UTC), ETH is trading at about...
Hack this Bitcoin Wallet and its Owner Will Give You USD 250,000
28.1.2020
If you’ve got high-level IT skills and fancy making a cool USD 250 thousand, one company wants to hear from you. All you need to do is break into their crypto wallet – and make away with thousands of dollars’ worth of Bitcoin.
But the firm says the task won’t be an easy one, as they believe...
Bitcoin Plays With USD 9,000, While Virus Fears Weigh on Stocks
28.1.2020
Bitcoin (BTC) is once again trading around USD 9,000, while the risk-off sentiment has hit stock markets across the globe hard in recent days.
At pixel time (10:35 UTC), BTC trades at c. USD 9,010 and is up by 4% in the past 24 hours and the past week. Earlier today, the price reached USD 9,100...
Germany Increases Costs For Some Crypto Firms by USD 250,000
24.1.2020
Germany's newly installed cryptocurrency laws have made it illegal for new firms to launch crypto trading, custody services and issue tokens, according to experts.
Since January 1, the German Banking Act has stated that crypto assets now qualify as financial instruments and that crypto-exchanges...
Ripple Slashes XRP Selling Even More After Raising USD 200 Million
24.1.2020
Ripple, an American blockchain company focusing on payments technologies, reduced sales of XRP from its escrow fund last quarter when it secured USD 200 million in funding.
According to their report, the reductions in Q4 follows that sharp reduction that was recorded in Q3, with the main difference...
Facebook’s Libra Pushed World to Reconsider USD as Global Reserve Currency: WEF
23.1.2020
Global officials and economists at the WEF voice the fact that Facebook’s Libra pushed the world to start reconsidering the U.S. dollar as anchor currency
Fairspin Players Won Almost USD 7m in 2019
21.1.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
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Online casinos have existed for almost as long as the internet itself, and a growing number of them now utilize the blockchain technology for increased transparency and security. However...
Ex-CFTC Chairman to Promote Blockchain-Based USD in New Think Tank
16.1.2020
Former CFTC chairman aka “Crypto Dad” J. Christopher Giancarlo launches a think tank to promote the idea of digitizing the U.S. dollar
Ripple Plays 'USD 500bn XRP Market' Card in Court
16.1.2020
Brad Garlinghouse, CEO of Ripple. On January 15, Chief District Judge Phyllis Hamilton of the Northern District of California heard Ripple Lab’s case for dismissing a class action and now the company's fate, as well as that of the "half a trillion XRP market", is in her hands.
The judge now needs...
Corrupt OTC Brokers Sent Dirty USD 1.5bn in Bitcoin to Binance and Huobi - Report
16.1.2020
Criminals made some USD 2.8 billion worth of illegal transactions using bitcoin (BTC) on cryptocurrency exchanges last year, alleges a new report – with Binance and Huobi overwhelmingly their platforms of choice thanks to corrupt OTC brokers.
The report was compiled by blockchain analytics provider...