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Bitcoin Derivatives See Record Highs, Year-End BTC Options Show 29% Chance Price Crosses $20K
20.11.2020
As the crypto economy sets its sights on half of a trillion in USD value, digital currency derivatives markets are swelling significantly. Bitcoin futures have surpassed a six-month high at $52 billion, while the crypto asset’s options markets have jumped massively too. Additionally, bitcoin...
3.4m Bitcoin Available As First-Time Buyers Lead This Rally
20.11.2020
3.4m bitcoin (BTC) readily available to buyers as demand increases, blockchain analytics specialist Chainalysis said, noting that first-time BTC buyers and buyers looking to unload fiat currency for BTC as a hedge against worrisome macroeconomic trends are responsible for much of the current...
Airbnb IPO Prospectus Says Future Success Means Adapting to Cryptocurrencies
20.11.2020
The giant online rental marketplace based in San Francisco, Airbnb is considering supporting cryptocurrencies and blockchain technology. The news stems from the company’s initial public offering (IPO) prospectus with the U.S. Securities and Exchange Commission (SEC). Airbnb’s filing...
Logic Enters Crypto Game With USD 6M Bitcoin Investment
20.11.2020
Logic. Source: Twitter/@Logic301
American retired rapper, record producer and streamer Sir Robert Bryson Hall II, aka Logic, said he bought USD 6m worth of bitcoin (BTC) last month. The artist subsequently changed his Twitter account name to Bobby Bitcoin in a reference to his crypto investment...
Yearnify Finance (YFY) Hidden Gem – Decentralized Finance Project, Pre-Sale Round 2 Is Now Live
20.11.2020
PRESS RELEASE. Yearnify Finance is considered as one of the most innovative sources of passive income by most of the investors. It has drawn attention due to its potential high returns and extreme security measures. What is Yearnify Finance? Yearnify Finance is a community-centered DeFi-project...
Report: Pandemic Response Pushed Global Debt to $272 Trillion in Q3, $5T in Borrowing Expected in Q4
20.11.2020
The Institute of International Finance (IIF) says global debt will soar to a record $277 trillion by the end of 2020 as governments and companies continue to spend in response to the COVID-19 pandemic. Already, the debt has ballooned by $15 trillion this year to $272 trillion through September....
Bitcoin Moves Higher Above USD 18K, Altcoins Up Too
20.11.2020
Bitcoin price remained well supported near the USD 17,500 level. BTC started a fresh increase and it was able to climb back above USD 18,000 and USD 18,100. The price is currently (05:00 UTC) trading near USD 18,200 and it seems like the bulls are aiming for a break above the USD 18,500...
Deutsche Bank: Investors Increasingly Choose Bitcoin Over Gold to Hedge Dollar Risk, Inflation
20.11.2020
Deutsche Bank’s strategist Jim Reid reportedly wrote that investors are increasingly demanding to use bitcoin instead of gold to hedge dollar risk and inflation. His research concurs with one recently published by JPMorgan’s analysts that shows institutional investors moving from gold...
Venezuelan Authorities Clamp Down on Off-The-Books Crypto Pay Vendors
20.11.2020
Venezuelan tax agents on the prowl. Source: Twitter/@jdavidcabello
Customers spending foreign currency and cryptoassets in Venezuelan stores have been warned to demand invoices and receipts in fiat bolivars, with the nation’s tax authorities worried that crypto pay and payment in overseas fiats...
Thailand’s New Rules Help Securities Companies Launch Crypto Exchanges
20.11.2020
Thailand has reportedly revised its net capital rules which help securities firms launch cryptocurrency exchanges. The country now has 15 licensed crypto service providers. New Thai Rules and Crypto Exchanges The Thai Securities and Exchange Commission (SEC) has revised its net capital (NC) rules...
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...
Millionaires FOMO: 73% Will Own Bitcoin by 2022, Survey
19.11.2020
Hundreds of millionaires have revealed in a new survey that they have either already invested in bitcoin or are planning to invest in the cryptocurrency in the next couple of years. Millionaires Don’t Want to Miss Out on Bitcoin A new global poll by Devere Group shows that 73% of millionaires...
SEC Chairman On What Drives Bitcoin, Poker Players Cry For BTC + More News
19.11.2020
SEC Chairman Jay Clayton. Source: Twitter, @SEC_News
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
Current inefficient payment mechanisms are driving the rise of bitcoin...
New Dutch Law: Clients Must Explain Why They Want To Buy Bitcoin
19.11.2020
Netherlands-based crypto exchanges are now required by law to get additional information from clients regarding their bitcoin addresses. As part of the new requirements, which went into effect on Nov. 17, clients must now furnish exchanges with reasons why they wish to buy bitcoin. They will also...
Widespread Use Cases Would Bring More People To Crypto - Survey
19.11.2020
Another crypto-related survey has reminded of the importance of user-friendly solutions that would help to spend your cryptocoins, increasing both adoption and demand for these digital assets.
23% of the recently surveyed Brits said they were “open to purchasing crypto if widespread use...
OKEx to Reopen Withdrawals By November 27
19.11.2020
Major crypto exchange OKEx confirmed that it will reopen "unrestricted withdrawals" on or before November 27.
"One of OKEx’s private key holders has completed assisting the authorities in a previously referenced investigation. Throughout this investigation, OKEx was confirmed not...
OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away
19.11.2020
Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China...
Deutsche Bank Strategist Bullish on Bitcoin, But JPMorgan Boss Still Unmoved
19.11.2020
Jamie Dimon. A Deutsche Bank strategist has expressed another hopeful-sounding sentiment about bitcoin (BTC) – but it looks as though not everyone in the conventional financial world has been sold on the crypto dream, with the head of JPMorgan still expressing doubt about the role of unregulated...
Quppy Users Are Offered a Referral Program
19.11.2020
PRESS RELEASE. Quppy services can now be referred for an attractive direct cashback. The Quppy digital financial solution is launching its first referral program. Quppy current and new users are now provided with their unique referral links to share among their communities. The Quppy referral...
Spanish Security Giant Prosegur Enters Crypto Custody Race
19.11.2020
Source: a screenshot, Instagram/proseguralarmasperu
Another international security services behemoth has taken the crypto plunge, with Spanish firm Prosegur launching a dedicated subsidiary that will offer crypto custody services.
The company, which is based in Madrid, has over 160,000 employees...