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Asset Manager Vaneck Launches Physically-Backed Bitcoin Exchange-Traded Note
26.11.2020
On November 25, the asset manager Vaneck announced the launch of an exchange-traded product (ETP) called the “Vaneck Vector Bitcoin ETN.” The exchange-traded note is physically-backed by bitcoin and listed on the trading exchange Deutsche Böerse Xetra. The newly listed Vaneck...
Furious Abkhazian Villagers Forcibly Close Down Crypto Mining Farms
26.11.2020
Crypto mining is threatening to draw a nation into chaos – with angry Abkhazian villagers reportedly taking the law into their own hands by kicking miners out of their regions.
The latest development in the South Caucus-located de facto state has seen anarchic uprisings, with miners thrown out...
New Research Suggests Satoshi Nakamoto Lived in London Creating Bitcoin
26.11.2020
The hunt for the mysterious Bitcoin inventor, Satoshi Nakamoto continues to this day, as new data-driven research has been recently deployed in order to figure out the creator’s location while he/she or they worked on the network. The researchers analyzed Satoshi’s 539 Bitcointalk...
Lithuania Rakes in 6.4 Million Euros From Selling Seized Cryptocurrencies
25.11.2020
Lithuania’s tax authority has sold the cryptocurrencies it previously seized for 6.4 million euros (approximately $7.6 million). The three cryptocurrencies confiscated were bitcoin, ether, and monero. This was the first time the tax authority sold seized cryptocurrencies. Lithuania Sold...
Retail Crypto Trading Soars In Africa and Asia + More News
25.11.2020
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
Marcus Swanepoel, Founder of UK-headquartered crypto exchange Luno, recently acquired by the Digital Currency Group, said that...
VanEck Opens Another Bridge To Bitcoin For European Investors
25.11.2020
Today, VanEck Europe, an arm of US-headquartered major US asset manager VanEck, launched its crypto exchange-traded note (ETN), tradable via Deutsche Börse Xetra, targeting investors in Germany, the Netherlands, and the UK.
However, in the UK, the company targets professional investors only,...
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....
CFTC’s New Rules Cause Coinbase to Stop Offering Crypto Margin Trading
25.11.2020
Cryptocurrency exchange Coinbase is disabling its margin trading product in order to comply with the new rules set by the Commodity Futures Trading Commission (CFTC). CFTC’s Rules Affecting Margin Trading Offerings Coinbase’s chief legal officer, Paul Grewal, explained in a blog post...
South Korean Crypto Tax May Be Delayed after Parliamentary Intervention
25.11.2020
South Korean crypto investors could receive a welcome stay of execution from new crypto taxes – with parliamentarians pushing Seoul to postpone a much-maligned crypto tax reporting act.
Per the Dong-a Ilbo, a leading South Korean parliamentary committee has made a late intervention in the matter...
Amidst Increasing Prices, Bitcoin Fees Drop, Ethereum Fees Rise
25.11.2020
After going through a period of sky-high fees on the Bitcoin (BTC) and Ethereum (ETH) networks, the price of sending the world's number one coin is dropping, while the cost of sending the second coin by market capitalization is rising - all this when the prices are seeing a strong rally.
High...
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...
Bitcoin Retreats From Highs, Altcoins Correct Lower
25.11.2020
Bitcoin price extended its rise above the USD 19,200 level before the bears appeared near the USD 19,450 level. BTC started a downside correction and traded below USD 19,000. The price is currently (05:00 UTC) trading near the USD 18,800 support, below which it could extend its decline.
Similarly...
Coinbase Pro Shuts Down Margin Trading
25.11.2020
US-based major crypto exchange Coinbase Pro said it will disable its margin trading product today, reffering to an unspecified guidance from the Commodity Futures Trading Commission (CFTC).
"Customers currently using margin trading will not be able to place new margin trades starting 2pm PT...
John Lennon’s Son Says Bitcoin Empowers People, Gives Him Optimism in Ocean of Destruction
25.11.2020
Sean Ono Lennon, the son of the Beatles’ John Lennon, says bitcoin gives him optimism amid the “ocean of destruction” this year. He believes that the cryptocurrency empowers individuals the way they have never been empowered before. Bitcoin Gives Sean Lennon Optimism Sean...
Hotels in Argentina Are Ready to Consider Adopting Crypto Pay
25.11.2020
Argentinian hotels are “preparing to accept crypto payment” as they prepare to re-open after long, COVID-19 pandemic lockdown-enforced closures.
According to a report from La Nacion, many hotels in the country have been financially crippled by up to eight months of disrupted trade, with scores...
Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI
25.11.2020
Decentralized finance (defi) protocol Pickle Finance was hacked for $19.7 million of the stablecoin DAI over the weekend, as the defi industry appears to be turning into a hackers paradise. Pickle’s native token (PICKLE) plunged 62% on the news, falling from $23.27 to $8.70 when the hack...
Ethereum 2.0 Deposit Threshold Met: Proof-of-Stake ‘Beacon’ Chain Starts in 7 Days
24.11.2020
The Ethereum network’s ETH 2.0 contract has crossed the threshold needed to initiate the upcoming upgrade. Currently, there’s more 694,368 ether worth over $422 million resting in the contract, as developers hope the proof-of-stake launch will begin on December 1. At the end of...
Alarming Tax Letters, Bitcoin Sponsors, Mining Chaos in Abkhazia + More News
24.11.2020
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 tax news
Crypto traders in the United States state that they have been sent alarming letters with faulty calculations about crypto-related...
XRP Price Climbed 123% in 30 Days, Spark Token Airdrop Pushes Value Higher
24.11.2020
During the course of the week digital currency markets have seen colossal gains and one crypto asset, in particular, XRP, has jumped significantly in value over the last seven days. The distributed ledger token XRP climbed 25% upwards on Tuesday alone, and seven-day price stats show the coin...
Bitcoin All-time High: What Is Peak Bitcoin Anyway?
24.11.2020
All eyes are on bitcoin (BTC), as investors take bets on whether the flagship cryptocurrency has enough gas in the tank to reach a new all-time high (ATH) in this cycle. Incidentally, that threshold means different things to different people and companies, depending on who you ask.
The all-time...