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Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring
23.10.2020
Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have...
DeFi Winning ‘Bullish’ Fans, But Ethereum’s ‘Crown’ In Danger – Report
23.10.2020
Source: Adobe/Сергей Шиманович
The Digital Currency Group has suggested that the decentralized finance (DeFi) movement could one day outgrow the blockchain network it was primarily built upon – Ethereum (ETH) – and claimed that its founders were “more bullish on DeFi than on its current technical...
PayPal In M&A Talks With Wrapped Bitcoin Custodian BitGo - Report
23.10.2020
Mike Belshe, Co-founder and CEO of BitGo. Source: a video screenshot, Youtube/Bloomberg
It seems that online payments giant PayPal has bigger plans in the Cryptoverse. Within weeks, the company could reach a deal to buy US-based major crypto custodian BitGo, Bloomberg reported, citing undisclosed...
Price Increase Drives 98% of Bitcoin Holders Into a State of Profit
22.10.2020
The price of bitcoin jumped significantly on Wednesday after the payment processor Paypal announced cryptocurrency support. The jump in value has pushed a large number of bitcoin holders into a state of profit, according to Glassnode “percent of UTXOs in profit” statistics. Based on...
Hedge Fund Billionaire Tudor Jones Says Bitcoin Rally Only in ‘First Inning’: Report
22.10.2020
Jones said he has been surprised by the "intellectual capital" behind bitcoin
Pelosi, Kudlow Signal Market-Moving US Stimulus May Wait Till After Election: Report
21.10.2020
With a strong correlation between stocks and the bitcoin price in recent months, analysts say a stimulus package could boost BTC as well
10% of Bitcoin's supply has been untouched for over 10 years: report
21.10.2020
Around 1.8 million bitcoin have been dormant for over a decade
Crypto Options Exchange Deribit to Require ID Verification for All Users by Year End: Report
21.10.2020
Popular cryptocurrency options exchange Deribit will require all of its users to be ID verified before the end of this year under its revamped know-your-customer (KYC) policy
Ethereum Classic’s MESS Solution Won’t Provide ‘Robust’ Security Against 51% Attacks: Report
21.10.2020
A solution being implemented to safeguard against so-called 51% attacks on the Ethereum Classic (ETC) network may not be as secure as suggested, according to a new analysis
Payments Giant Paypal Says Its Customers Can Now Buy and Sell Bitcoin
21.10.2020
Payments giant Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021. A report...
Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for ‘Big Moves’ Ahead
20.10.2020
Trends in bitcoin options markets are making it difficult for financial analysts to pinpoint BTC’s next move. Data from CME’s recently published trader report shows that institutional investors are capturing a larger number of bitcoin long contracts, while hedge funds are showing...
Report ranks crypto next to gold in popularity with Russian investors
20.10.2020
Crypto seems to be nearly as popular as gold among Russian investors
Japan’s LINE Launches CBDC Development Platform: Report
20.10.2020
LINE reportedly said it has several "major" Asian nations in discussions over using the CBDC platform
Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications
19.10.2020
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair...
Bitcoin price holds strong amid negative news blitz, says CoinShares report
19.10.2020
There was a time when Bitcoin seemed to be directly influenced by the daily news cycle
IMF Says CBDCs Have Potential, But Don’t Solve Every Issue
19.10.2020
Countries might benefit from issuing central bank digital currencies, but they’re not a panacea for every ailment, a new IMF report says
North Korean Crypto Hackers Now Target Russian Defense Firms – Report
19.10.2020
A group of North Korean hackers that have allegedly made a name for themselves by targeting American-based crypto firms appears to have upped its ante – and is now reportedly targeting Russian and other international defense companies.
Per Kommersant, Anastasia Tikhonova, head of sophisticated...
First Users Not So Impressed by China’s Digital Yuan: Report
19.10.2020
A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should swap from existing solutions like Alipay
Pelosi Says It’s Tuesday or Bust if White House Wants a Pre-Election Stimulus Package: Report
18.10.2020
The Democratic House Speaker said if a deal isn't reached by Tuesday evening, a package won't be likely before Nov. 3
FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls
18.10.2020
The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote...