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Spending Sats: A Look at This Year’s Bitcoin Black Friday Deals
26.11.2020
Every year the shopping holiday called Black Friday allows consumers to get better deals on products and services. On November 24, the day also known as ‘Bitcoin Black Friday’ will provide crypto users access to deals when they purchase items with digital assets like bitcoin. Due to...
Market Update: Crypto Prices Drop Fast, Bitcoin Loses $2K, Correction Considered Healthy
26.11.2020
The price of bitcoin and a great number of digital assets plunged in value during the early morning trading sessions on November 26, 2020. Bitcoin’s price dropped from a high of $19,319 on Wednesday evening only to lose over $2,000 during the course of the morning hours (EST) on Thursday...
Judge rejects motion to freeze Cred's crypto assets in bankruptcy case
26.11.2020
A U.S. bankruptcy judge has rejected a motion to freeze the assets of beleaguered crypto lending service that was filed by its users
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....
Bitcoin and ERC20 Assets Now on Elrond Via Poly Network
25.11.2020
Enterprise-grade scalable blockchain solutions platform, Elrond has announced that Bitcoin and ERC20 tokens, including ETH, NEO, ONT, and COSMOS, will now be available for cross-chain DeFi activities on its network. In a tweet on Tuesday evening, Elrond stated that it could pull BTC on its platform...
Algorithmic Bitcoin and Ethereum Social Attention List Ranks Influencers With Math
25.11.2020
On November 19, Hive.one, a project that maps the community clusters of Bitcoin and Ethereum social status using mathematics, announced the launch of a new algorithm version. Since the last time Hive.one published a list, social influencer scores and ranks changed and the creators believe the...
End of Western Union Remittance Service to Cuba a Boon for Crypto
23.11.2020
As new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October 27, gave Western Union 30 days to implement...
Crypto Retirement: US Investment Firm Launches Employer-Sponsored Bitcoin 401(k) Plan
23.11.2020
The U.S.-based company Digital Asset Investment Management (Daim) has announced the launch of a company-sponsored 401(k) retirement plan that allocates up to 10% in bitcoin. The plan is an ERISA compliant employer-sponsored 401(k) and assets are held in institutional-grade cold storage...
$20 Billion in Crypto Under Custody: Coinbase Sees ‘Explosion of Capital’ From Institutional Investors
23.11.2020
Coinbase has revealed that it has had “an explosion of incoming capital.” Its assets under custody currently stand at $20 billion, $14 billion of which were accumulated since April. Coinbase highlights a string of bullish events that have “really unleashed” a wave...
Silk Road Bitcoin Seizure: Analytics Firm Claims Tokens Worth Millions Still Outstanding
22.11.2020
Analytics firm Coinfirm says the US Department of Justice (DOJ)’s seizure of digital assets associated with the now-defunct Silk Road left behind tokens worth millions of dollars. According to Coinfirm, there are still valuable balances held on forked addresses originating from that wallet....
Analysts: Institutional Investor Interest Fueling BTC Rally, Liquidity Crunch Narrative Debunked
22.11.2020
Crypto analysts are pushing back against the narrative that the current BTC rally is being fuelled by a liquidity crunch afflicting bitcoin mining pools in China. The liquidity crunch, which is caused by an ongoing regulatory crackdown in that country, has reportedly left miners unable to sell...
Market Update: Crypto Asset Prices Spike Massively, Speculators Claim ‘Altcoin Season’ Is Here
21.11.2020
A number of crypto-asset markets saw significant gains on Saturday, as a myriad of digital assets spiked between 4-40% in value during the last 24 hours. The entire crypto market capitalization had risen above $540 billion, as top-ten coin values from the likes of bitcoin cash, cardano and...
Crypto Assets in South Africa Would Be Considered Financial Products Under Regulator Proposal
21.11.2020
If implemented the declaration would require crypto firms in South Africa to register as a financial services provider
Coinbase Has Raked in $14B in New Institutional Assets Since April
21.11.2020
Coinbase is now measuring new capital coming in for bitcoin in the billions, according to the firm's head of institutional coverage
Stretched thin? Wrapped Bitcoin assets may encourage supply crisis
21.11.2020
WBTC, BTCB, and other wrapped Bitcoin implementations may contribute to a BTC supply shortage looming on the horizon
South Africa Unveils New Crypto Rules as Usage Soars Exponentially
21.11.2020
The South African financial regulator has published a draft declaration of crypto assets as financial products. The regulator says South Africa has experienced “an exponential increase in the provision and use of crypto assets.” South Africa’s Crypto Regulation South...
Blog Author Tipped $10,000 for Well Phrased Peer-to-Peer Cash Conviction
21.11.2020
Following the Bitcoin Cash upgrade, the BCH proponent known as Mobtwo published a post on the read.cash blogging website called “Bitcoin Cash – Simple Fundamentals.” The editorial’s author says he wholeheartedly believes that BCH will one day overtake BTC in the long run....
SEC gives OK to social media platform to issue stablecoin without registering as a security
19.11.2020
The letter states the regulatory agency “will not recommend enforcement action” against a platform issuing a digital currency capable of being converted to fiat
Coinflex Launches Noncustodial Interest-Bearing Stablecoin on BCH and ETH Networks
19.11.2020
The cryptocurrency exchange Coinflex has announced the launch of a unique interest-bearing stablecoin called Flexusd. The new stablecoin is considered to be the first dollar-backed crypto that pays interest at the base level. Moreover, the new token is built on the Ethereum blockchain and...
Crypto Security Firm Fireblocks Raises $30 Million in Series B Funding, Targets Global Expansion
19.11.2020
Crypto security firm Fireblocks said Wednesday that it has raised $30 million in a Series B funding round. The money will be used to hire new talent as well as to expand its global operations to meet “institutional and retail market demand for digital assets.” The round was led...