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Institutional Bitcoin Investors Hodl As S&P DJI Opens New Crypto Bridge
3.12.2020
Institutional investors are about to get another instrument to access cryptoassets as they have already poured billions of US dollars in bitcoin (BTC) only. And these investors are not looking to sell BTC anytime soon, according to analysts.
Today, US-based major index provider S&P Dow Jones...
Blackrock CEO Larry Fink: Bitcoin Makes US Dollar Less Relevant, Can Evolve Into a Global Market
3.12.2020
The CEO of Blackrock, the world’s largest asset manager, said that bitcoin “can evolve into a global market.” Moreover, the cryptocurrency has a “real impact on the U.S. dollar,” making the need for the USD “less relevant.” Bitcoin Evolving Into a Global...
Last Month Casascius Owners Redeemed the Highest Number of Physical Bitcoins in 3 Years
3.12.2020
On November 30, 2020, bitcoin crossed an all-time price high on a few global exchanges and between spot and derivatives markets there’s been a lot of action. One metric people didn’t notice was the fact that November 2020 saw the most number of redeemed Casascius physical bitcoins...
New Paper: Ripple Network Doesn’t Meet Criteria To Reach Consensus
3.12.2020
A brand-new paper which analyzes the Ripple network concluded that the network does not reach true consensus, as its protocol “may violate safety and liveness,” and doesn’t follow the established models and algorithms for a Byzantine agreement. Report Claims XRP’s Network...
First AMM Layer2 DEX ZKSwap Announces Testnet Incentive Program with 1 Million ZKS Tokens Rewards
3.12.2020
PRESS RELEASE. ZKSwap developed by L2Lab is the first layer2 dex based on ZK-Rollups technology and using the AMM model. The team has recently closed a $1.7 million Angel Round led by Bixin, followed by Longling Capital, SNZ Holding, FBG Capital, Jubi, and Consensus Lab. After launching on...
65% of Traders on Paypal Ready to Use Bitcoin to Pay for Goods and Services: Survey
3.12.2020
At least 65% of people who use the Paypal app to trade bitcoin are prepared to start using the top cryptocurrency to pay for goods and services at the 28 million stores supported by the payments company throughout the world. According to a proprietary survey of 380 Paypal users by Mizuho...
Chinese State-Run Media Believe BTC Price Surge Is Just ‘Hype’ While Praising Blockchain
3.12.2020
Two Chinese state-run media outlets have published a brief news item urging citizens to focus more on blockchain technology than on the “hype” of the recent surging Bitcoin prices across the board. China’s Government to Focus on Blockchain Both Sina and Xinhuanet have stated that...
Bitcoin and Altcoins Bracing For The Next Crucial Break
3.12.2020
In the past two days, there were mostly broad range moves in bitcoin price below the USD 19,500 resistance. BTC declined below USD 19,000, but it remained well bid above USD 18,500. The price is currently (05:00 UTC) trading near USD 19,000 and it seems to be preparing for the next crucial...
Network Landmarks, Derivatives Records- 2020 Bitcoin Metrics See a Number of All-Time Highs
3.12.2020
While the price of bitcoin has spiked to levels not seen in three years a number of other factors show that the current run-up is similar to the 2017 bull run. Active bitcoin addresses have neared all-time record highs, while the network’s hashpower has remained high as well coasting along...
Mining City: A Blueprint for Success?
3.12.2020
“Together we grow!” This is the slogan of Mining City, a company with a solid foundation in the cryptocurrency market. Is this catchphrase a real promise, or an overstated declaration? Let’s find out. Brick by Brick Cryptocurrencies are considered by many as the “gold of...
Peter Schiff Lays Into Grayscale and CNBC, Claims Conspiracy to Pump BTC Value
3.12.2020
Euro Pacific Capital CEO Peter Schiff is now training his guns on Grayscale Trust’s GBTC after the validation of his regular anti-bitcoin rhetoric was cut short by a resurgent crypto market. After rapidly falling to around $16,500 on November 26, BTC quickly recovered before it went on to...
Alliance Bernstein Tells Clients Bitcoin Has a Role in Asset Allocation
2.12.2020
Alliance Bernstein has told its clients that bitcoin has a role in investment portfolios. The head of the Portfolio Strategy team of the firm’s research arm said he has changed his mind about bitcoin after previously stating that it did not have a place in investment portfolios. Alliance...
Canadian Restaurant Sends a Bitcoin Message To SMEs
2.12.2020
Source: Twitter/@TheRealTahinis
While more big companies and investors are turning into bitcoin (BTC) in search for a reserve asset and hedge against inflation, one Canadian small business shows that it might help smaller enterprises too.
Canadian restaurant chain Tahini’s, which calls itself...
Visa, Blockfi Launching Credit Card With Bitcoin Rewards — Get BTC Back on All Transactions
2.12.2020
Blockfi has unveiled a credit card with bitcoin rewards in collaboration with Visa. This is “the first credit card that lets you earn bitcoin back with every purchase,” Blockfi detailed. Visa Credit Card Offering Cash Back in Bitcoin Crypto financial services provider Blockfi announced...
After Lightning-Paced Tier-1 Sellout, ClinTex’s CTi Token Is Now Trading on KuCoin
2.12.2020
PRESS RELEASE. ClinTex is all set to fulfill its promise of reducing cost and time wastage in the medical trials industry, with its CTi token available for public trading on KuCoin on Wednesday. Using the combination of blockchain, artificial intelligence and smart contracts, ClinTex is...
PayPal CEO Sees 'The Entire World' Going 'Digital First' + More News
2.12.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
PayPal CEO Dan Schulman said the use of digital currencies is set to go mainstream as more merchants take a "digital...
Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year
2.12.2020
A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized over $4 billion in crypto assets from the Plustoken scam. Meanwhile, onchain...
Crypto Proves Central Banks Are Obsolete, Says UIC Barcelona Professor
2.12.2020
A Spanish economics professor said that the popularity of crypto proves that central banks have become “obsolete” in the modern world.
The comments were made by professor Pablo Agnese, a tenured lecturer in the Department of Economy and Business Organization at the Universitat Internacional...
Bitcoin Rewards "Farming" Is Coming
2.12.2020
As US-based major crypto lending and trading company BlockFi just announced another bitcoin (BTC) rewards card, it seems that BTC spenders might be able to “farm” their rewards by combining already existing solutions.
Somewhat, it would be similar to what DeFi yield farmers are already doing...
Report: 33% of US Based ICO Investors Say Founders Intentionally Deceived Them or Withheld Key Information
2.12.2020
A survey conducted by Xangle Research finds that a third (33%) of respondents say founders of an initial coin offering (ICO) in which they invested either intentionally deceived them or withheld key information. A further 17% of the responding ICO investors say they did not know if they had been...