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Major Exchanges Experience Technical Issues as Bitcoin Price Drives in Massive Traffic
18.12.2020
Bitcoin has finally broken the $20k resistance level. The record-breaking price caused massive traffic on a myriad of crypto exchange platforms like Binance and Coinbase. Bitcoin All-Time Price High Causes Issues on Binance For weeks now, many crypto enthusiasts have been hoping that the price...
SM Digital Holding and Wallex Prove That Bulgaria Is the Next Leading Hub for Fintech Companies
18.12.2020
Many fintech startups and established companies are now looking for a new home across Europe due to Brexit. Bulgaria is shaping up to be the top destination for many of them, including crypto, blockchain and licensed electronic money institutions, as proven by leading firms such as SM Digital...
Bitcoin and Altcoins Holding Gains, Litecoin Shines
18.12.2020
After a strong upward move, bitcoin price set a new all-time high near USD 23,700. Recently, BTC corrected lower and traded below the USD 23,000 level. The price is currently (05:00 UTC) consolidating gains and it could rise once again towards USD 23,500.
Similarly, most major altcoins corrected...
Major Latin American University Launches Specialization Featuring Crypto-Related Topics
18.12.2020
One of the biggest and most laureate universities in Latin America approved the launch of a Financial Engineering specialization course, whose modules cover crypto and blockchain-related subjects, marking it a historic landmark across the region’s educational sector. Mexico’s Biggest...
QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers
18.12.2020
This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment....
Russian MPs Seek to Drive E-Pay and Crypto Further Apart with New Bill
18.12.2020
Russia’s parliament, the State Duma, is set to vote on a bill that could inadvertently clarify the difference between e-pay wallets and crypto wallets. The bill seeks to enable anonymous payments in digital transactions – providing they are made in fiat.
The measure was proposed by a group of...
Coinbase Files Paperwork With SEC to Launch Public Offering
18.12.2020
U.S. cryptocurrency exchange Coinbase had confidentially filed a draft registration for a public offering to the Securities and Exchange Commission (SEC). Coinbase Sent Draft Registration to the US SEC On December 17, 2020, the exchange made the announcement on its blog, stating that the firm...
IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves
18.12.2020
The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition...
Yolo Investments Firm Makes First Portfolio Exit With 5.8x ROI
18.12.2020
PRESS RELEASE. Gaming venture capital firm Yolo Investments (formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator Coolbet for an impressive 5.8x return. The acquisition of Coolbet by GAN Limited marks the first start-to-exit...
New Law in Germany Embraces All-Electronic and Blockchain Crypto Securities
17.12.2020
The German government has passed new legislation to introduce all-electronic securities as part of the country’s wider blockchain strategy. According to the country’s finance ministry, the new law relaxes rules forcing issuers and holders of securities to document transactions with...
Nigeria Is Paxful’s Second Biggest P2P Bitcoin Market, Trades Top $566 Million in Five Years
17.12.2020
Nigeria, Africa’s biggest economy and most populous nation, traded more than $566 million worth of bitcoin between 2015 and 2020, making it the world’s second-largest peer-to-peer (P2P) bitcoin market after the U.S., which traded $3.75 billion in the period under review. According to...
(Un)Surprising Results Of Bitcoin's 3 Year Journey From One ATH to Another
17.12.2020
Bitcoin (BTC) has gotten far in just three years since its previous all-time high, breaking technological, psychological, and adoption barriers along the way, so we've checked the exact numbers and compared today's to the previous all-time high in 2017 - and some results may be somewhat unexpected....
Kim Dotcom Says Bitcoin Cash ‘Great for Payments,’ Expects BCH to Cross $3K in 2021
17.12.2020
On December 17, the internet entrepreneur and political activist Kim Dotcom spoke about bitcoin being a “great asset for storage,” and then further stressed that bitcoin cash was “great for payments.” Dotcom said he expects bitcoin cash to jump in value by 900% next year...
Regulatory Crypto Primer, NiceHash Reimburses BTC 4,6K Hack Victims + More News
17.12.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
The US Commodity Futures Trading Commission (CFTC) released a Digital Assets Primer today. The focus of this primer is broader...
LEAD Wallet Launches Its Super Simple Application; Even Your Grandma Would Be Able to Use It
17.12.2020
PRESS RELEASE. Lead Wallet, a new crypto wallet application, has officially been launched on Google Play Store, and it will also launch its iOS and web version soon. This crypto wallet application is different from other existing wallet apps because it aims to be a super simple crypto app that most...
Bitcoin’s Value Surpasses $23,700, Critics Claim Its a ‘Bubble,’ Onchain Analyst Says $100K Prices ‘Ridiculously Low’
17.12.2020
The crypto economy has gained a massive amount of value during the last few days, as the aggregate market cap of all 7,500+ digital assets is a whopping $640 billion on Thursday. Meanwhile, the largest blockchain in terms of valuation, bitcoin has touched an all-time high of $23,777 rising more...
Massive Fake Celebrity-Endorsed Bitcoin Investment Campaign Duping Google, Facebook Traced to Moscow
17.12.2020
A massive bitcoin ad scam campaign — which features celebrities and mainly targeted Australians — has been traced. The investigation’s findings point to a “highly organized” global business that relies on five addresses in Moscow’s center. Massive Bitcoin Ad Scam...
Bitcoin and Altcoins Trend Turns Overwhelmingly Bullish
17.12.2020
There was upside continuation in bitcoin price above the USD 22,000 resistance level. BTC even broke the USD 23,000 resistance and traded to a new all-time high near USD 23,800. The price is currently (13:00 UTC) correcting gains below USD 23,200, but it could restart its rise in...
Bitcoin Fund Debuts on Canada’s Biggest Stock Exchange
17.12.2020
CI Global Asset Management has begun to trade on the Toronto Stock Exchange in Canada. The fund’s initial public offering managed to raise $72 million and units commenced trading in both U.S. dollars and Canadian dollars. CI Global Fund Begins Trading CI Global Asset Management has made...
Paypal Takes Another Step Into Crypto, Invests in Paxos
17.12.2020
Online payments giant PayPal joined a USD 142m Series C investment round, helping major regulated blockchain infrastructure platform Paxos increase its total funding to USD 240m.
The round was led by Declaration Partners, the investment firm backed by the family office of David M. Rubenstein, Paxos...