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Venture Capitalists Have Invested Over $200M in Stablecoins
6.12.2019
Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses...
Bitcoin and Altcoins Aligning For Next Significant Move
6.12.2019
After a fresh bearish wave, bitcoin price found support near the USD 7,100 area. BTC/USD is currently rising (10:30 UTC) and trading above USD 7,250 and USD 7,350. However, the price needs to gain bullish momentum above USD 7,400 to continue higher in the near term.
Moreover, it seems like most...
The North American Bitcoin Conference Returns
6.12.2019
The global Bitcoin and blockchain community will meet in Miami for the seventh year running to create the future of the industry. The North American Bitcoin Conference (TNABC) has hosted 20,000 attendees since 2013 and the ongoing show of support and community convergence from around the world...
Thai Police Arrest 24 Chinese Nationals for Alleged Bitcoin Scam
6.12.2019
Thai immigration police have arrested 24 Chinese nationals in connection with an alleged Bitcoin scam call center
Mining Chip Maker Ebang Next in Line to File for US IPO
6.12.2019
Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer...
Deutsche Bank: Fiat Money is Fragile, Crypto - Inevitable
6.12.2019
The forces that hold the fiat money system together look fragile and, over the next decade, some of these forces could begin to unravel and demand for alternative currencies, from gold to crypto, could take off, German banking giant Deutsche Bank said in its recent report Imagine 2030.
"While...
Almost 70 Crypto Funds Close This Year, Twice as Many Launch
6.12.2019
Dozens of crypto funds, almost 70, have closed this year, a mainstream media outlet reported. And while the startling number reveals the influx of institutional investors into the crypto space might not be happening at a fast pace, it’s also worth noting that crypto fund launches...
Tron and Poloniex Relationship Scrutinized After Digibyte Delisting
6.12.2019
The crypto firm Circle recently revealed that it was spinning off the trading platform Poloniex and has since warned customers to withdraw assets or they may be sent to state governments. Following the announcement, the founder of the crypto network Digibyte (DGB), Jared Tate, explained he...
The Politics of Destruction
6.12.2019
For some time now, I have been aware of a widespread fascination among many libertarians with Jim Bell’s “Assassination Politics” (AP). At my request, Robert Vroman has defended the merits of AP. In this article, I will argue that AP is just about the single worst idea that...
EU Won’t Let Stablecoins Enter Its Market Until Risks Are Addressed
5.12.2019
No global stablecoin project should begin operations in the EU until the associated risks are addressed, EU authorities say in a new adopted statement
Crypto Market Flips Green — But Is Bitcoin Ready to Retest $8,000?
5.12.2019
Bitcoin price is attempting a second go at $7.8K but bulls must first overcome strong resistance at $7,400-$7,650
ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy
5.12.2019
European Central Bank (ECB) executive board nominee and member of the German Council of Economic Experts, Isabel Schnabel, recently remarked at a European Parliament hearing that “This scapegoating [of the ECB] is extremely dangerous: it may damage the trust in the euro.” Schnabel...
Bitcoin Recovers from Below $7.2K After Schiff Says ‘Game Is Over’
5.12.2019
Crypto markets continue to trade sideways as Bitcoin slowly recovers from its intraday low of below $7,200
Crypto-Focused Lender Blockfi Launches Trading Platform
5.12.2019
Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes...
Almost $9 Billion of Bitcoin Moved On-Chain in 1 Hour: Record
5.12.2019
Almost $9 billion in BTC were moved on-chain in a single hour on Dec. 4, which constitutes an all-time high
Bitcoin Price Could Hit USD 5,000 Before Rallying – Tuur Demeester
5.12.2019
A popular economist said that Bitcoin (BTC) can go lower, meaning that we haven’t seen the bottom yet. However, that low is just a stop on a way to all-time highs, founder of Bitcoin alpha hedge fund Adamant Capital, Tuur Demeester, stressed.
“We are way above the bottom of USD 3,000 [and] I don’t...
Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD
5.12.2019
BlockFi, the cryptocurrency lending service, is expanding into trading with an unusual, zero-fee model
RBI Governor Discusses Crypto and Central Bank Digital Currency
5.12.2019
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies. Also...
Canada-Based Crypto Mining Firm Great North Data Files for Bankruptcy
5.12.2019
Crypto mining company Great North Data has reportedly submitted bankruptcy documents, listing millions in liabilities
Bitcoin’s Rejection at Key Price Hurdle Puts Short-Term Bull Trend at Risk
5.12.2019
Bitcoin sharp rejection at resistance around $7,800 has weakened the short-term bullish outlook