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97-Year Old Billionaire Charlie Munger says He’d “Never” Buy Cryptocurrency
“I want to make my money by selling people things that are good for them, not things that are bad for them,” said the right-hand man of Warren Buffett. The post 97-Year Old Billionaire Charlie Munger says He’d “Never” Buy Cryptocurrency first appeared on BitcoinExchangeGuide. äàëüøå »
2021-12-4 20:20
Big US Banks Exploring Using Bitcoin as Collateral Against Cash Loans, Fidelity Rolls-out the Service for Institutions
Fidelity Digital Assets is set to allow its institutional customers to use Bitcoin as collateral against cash loans. This new service is for those BTC investors who want to turn their holdings into cash but don’t want to sell their crypto assets either, said Tom Jessop, president of Fidelity Digital Assets, in a statement this […] The post Big US Banks Exploring Using Bitcoin as Collateral Against Cash Loans, Fidelity Rolls-out the Service for Institutions first appeared on BitcoinExchangeGuide. äàëüøå »
2021-12-3 16:58
Paradigm Launches Largest New Venture Capital Crypto Fund, Valkyrie and Coinbase Target DeFi
Coinbase believes it “can bring billions of users to DeFi by making it easy to use” while Valkyrie launches a $100 million “On-Chain DeFi Fund.” The post Paradigm Launches Largest New Venture Capital Crypto Fund, Valkyrie and Coinbase Target DeFi first appeared on BitcoinExchangeGuide. äàëüøå »
2021-11-17 23:01
Bitcoin’s Taproot Upgrade Explained – Privacy, Security, Scalability And Truly Decentralized Application Protocols
With Taproot only a few hours from activation, it seems like a good time to expand on the Taproot part from a previous ELI5 from a few months ago explaining what makes Bitcoin valuable, Lightning Network, and Taproot. äàëüøå »
2021-11-15 18:06
‘Big Short’ Billionaire John Paulson Prefers Gold Over Bitcoin Because “There’s A Very Limited Amount Of Investable” Bullion
And yet he doesn’t understand Bitcoin; it looks like he’s married to his gold bags. And he can’t put a short on crypto either because “there's unlimited downside” to them, and he doesn't want this trade to outdo his “greatest trade” made a decade ago. äàëüøå »
2021-8-30 17:33
SEC Needs More Authority to Prevent Crypto from Falling Between Regulatory Cracks: SEC Chair
In a letter to Senator Elizabeth Warren, Gary Gesler targets DeFi and stabelcoins and said more resources are needed to protect investors in this growing and volatile sector. The post SEC Needs More Authority to Prevent Crypto from Falling Between Regulatory Cracks: SEC Chair first appeared on BitcoinExchangeGuide. äàëüøå »
2021-8-13 17:50
Global Bitcoin ATM Installation Shoots Past 24,000 In 2021: Report
This year has seen a sharp increase in the number of crypto automated teller machines (ATMs) installed worldwide. Data from Coin ATM Radar shows that crypto ATM installation has increased by more than 70% to over 24,000 this year. äàëüøå »
2021-7-26 18:59
Grayscale to Launch a DeFi Fund and Index for Institutional Investors to Gain Broad-based Exposure
Grayscale CEO Michael Sonnenshein said they are committed to turning its flagship product GBTC into an ETF which in the US “is a matter of when, not if,” as regulators look for different points of maturation, the “final stages” of it being approved. äàëüøå »
2021-7-20 17:16
BUNNY Down Over 97% from its April Peak, Project Enhances Security Protocol After the 2nd Exploit
PancakeBunny, BSC-based decentralized finance (DeFi) yield farming aggregator and optimizer, has been hacked yet again. Two months ago, PancakeBunny got rekt on Binance Smart Chain, and this time, the same happened on Ethereum sidechain Polygon. äàëüøå »
2021-7-20 16:32
Bitcoin Mining Difficulty Sees 4th Downward Adjustment in a Row; Also Occured At the End 2018 Bear Market
After the latest negative adjustment, the difficulty is now down 45. 6% from ATH, and the market is getting the “same vibes” as of December 2018. Meanwhile, the record downward adjustment of 11 times in a row was in 2011, which was a 51. äàëüøå »
2021-7-20 15:47
Israel’s New President Sworn in with an NFT, Ministry of Defense Orders Seizure of Crypto Wallets
The Bank of Israel Deputy Governor is also more concerned about financial stability, citing the rush to cryptos than inflation as such “enough reasons to be patient” with monetary policy and to allow it to be accommodative enough to continue to support the economy. äàëüøå »
2021-7-8 19:28
Yearn Finance (YFI) Targets Decentralized Exchange Vertical, ‘Billions of Dollars’ Untapped
The team is trying to get DEX strategies to work while waiting for Yearn creator Andre Cronje’s protocols to be production-ready. The post Yearn Finance (YFI) Targets Decentralized Exchange Vertical, ‘Billions of Dollars’ Untapped first appeared on BitcoinExchangeGuide. äàëüøå »
2021-6-7 17:08
“US Is At A Critical Juncture,” says Coinbase CEO; Calls for ‘Sandbox for Crypto Startups’
Seeking regulatory clarity for crypto, Brian Armstrong says, the U.S. needs to be “a major player in crypto to stay relevant long term.” The post “US Is At A Critical Juncture,” says Coinbase CEO; Calls for ‘Sandbox for Crypto Startups’ first appeared on BitcoinExchangeGuide. äàëüøå »
2021-5-15 18:20
Scaramucci’s SkyBridge Picks NYDIG as Bitcoin Custodian in Updated Filing
BNY Mellon Chosen As Service Provider SkyBridge has tapped New York-based NYDIG as the custodian for its proposed Bitcoin ETF. This was made known in a revised filing sent to the US Securities and Exchange Commission (SEC) by First Trust SkyBridge Bitcoin ETF Trust. äàëüøå »
2021-5-8 19:36
Fidelity Launches Digital Asset Analytics Tool For Institutional Investors
Financial services firm Fidelity investment has launched a digital assets analytics platform for institutional investors. Fidelity’s Sherlock To Guide Institutional Investors Fidelity named the platform Sherlock, which is a digital assets analysis tool that will provide fundamental and technical analysis for fund managers and investors. äàëüøå »
2021-5-1 19:21
Shark Tank’s Kevin O’Leary Calls Bitcoin “Blood Coin,” says, “Institutions Will Not Buy Coin Mined in China”
Shark Tank’s Kevin O’Leary says he will only buy Bitcoin that is mined sustainably in countries that use clean energy. “I see over the next year or two, two kinds of coins. Blood coin from China, (and) clean coin mined sustainably in countries that use hydroelectricity, not coal,” he told CNBC’s “Capital Connection” on Monday. äàëüøå »
2021-4-6 18:32
Ethereum Layer 2, Optimism, Delay’s Mainnet Roll Out to July; Doesn’t Want to Rush ETH Community
Ethereum scaling solution Optimism roll-up has delayed the launch of its mainnet, according to an announcement posted on its Medium page. Quick Launch Could Pose Risks Optimism has been working on the Ethereum scaling solution since June 2019. äàëüøå »
2021-3-27 20:55
$1.2 Billion Liquidated on Binance, Taking the Lead like Always, on Bitcoin’s Drop to Nearly $50k
Binance, which leads in Bitcoin futures volume is accounting for nearly 50% of all the liquidations. The exchange has a default setting of 20x leverage and offers up to 125x, which has been used by 20% of traders in the past. äàëüøå »
2021-3-26 20:50
Ethereum Layer 2 Solution, Hermez Network, Mainnet is Live; Using ZK-Rollup’s For Cheap Payments
Hermez Network, a layer 2 blockchain scaling solution on the Ethereum network, is now live on the mainnet. Hermez's launch on Ethereum hopes to solve some of the transaction bottlenecks that have plagued the network. äàëüøå »
2021-3-26 19:25
Cryptocurrency Exchange Secures $50 Million Investment
FalconX, a crypto trading platform, has secured a $50 million investment from Tiger Global and B Capital Group. Tiger Global was also involved in BlockFi’s $350 million Series D round, showing “broader conviction in cryptocurrencies as an asset class. äàëüøå »
2021-3-13 19:48
Buying Power is Ready to Flow into Bitcoin and Other Crypto Assets
Bitcoin is on the move this week. Today, BTC/USD is moving towards $35,000. According to Su Zhu, the chief executive of Three Arrows Capital, the biggest position holder in Grayscale Bitcoin Trust (GBTC), the next key levels are now $48,000 and $72,000. äàëüøå »
2021-2-2 16:17
Ray Dalio: Bitcoin Is A ‘Long-Duration Option On A Highly Unknown Future,’ But Ticks Regulation & Lack Of Privacy Risks
Bridgewater Associates founder called Bitcoin “one hell of an invention,” which the firm considers an investment for new funds in line with “cash is trash.” The post Ray Dalio: Bitcoin Is A ‘Long-Duration Option On A Highly Unknown Future,’ But Ticks Regulation & Lack Of Privacy Risks first appeared on BitcoinExchangeGuide. äàëüøå »
2021-1-30 19:31
American Cancer Society Debuts a Crypto-Only Fund; Sets A Goal of Raising $1 Million
The American Cancer Society (ACS) has launched a crypto-only fund in collaboration with The Giving Block, a crypto-focused firm that facilitates donations to non-profit organizations. According to the website announcement, ACS intends to raise as much as $1 million within the first quarter of 2021. äàëüøå »
2021-1-28 19:21
Celsius Network Grew 10x in 2020; CEO says ‘Huge’ Interest from Retail & Institutions for BTC, ETH & Other Crypto’s
Today, Bitcoin is keeping around $33,000 after recording an approximately 30% correction from January's all-time high of $42,000. The mainstream media and the likes of Scott Minerd of Guggenheim and JPMorgan are getting skeptical of this bull run extended further. äàëüøå »
2021-1-25 18:37
Fundstrat Raises Ethereum Price Target to $10,500; Calls It “The Best Risk/Reward Investment Play In Crypto”
The second-largest cryptocurrency could surge more than 700% from its current level to $10,500, according to Fundstrat Global Advisors LLC. The prediction is made by digital asset strategist of Fundstrat, David Grider, who wrote, Ether is “the best risk/reward investment play in crypto. äàëüøå »
2021-1-21 21:43
Finland Is Selling 2,000 Bitcoin Seized in A Darknet Investigation in 2016
“Have fun staying poor” is what Crypto Twitter thinks of Finland's this move. Tulli, the Customs department of Finland, has decided to sell nearly 2,000 Bitcoin, worth over $68. 2 million at current BTC prices . äàëüøå »
2021-1-13 23:53
China Stance on Crypto Remains The Same; Blockchain, Not Bitcoin
In a recent report by Chinese state media Xinhuanet, the Chinese government wants its citizens to stop paying attention to cryptocurrency but concentrate more on blockchain technology, the technology behind the cryptocurrencies. äàëüøå »
2020-12-5 22:39
What’s Up with Treasury Secretary Targeting Self-Custody Wallets as Forewarned by Coinbase CEO
Late Wednesday night Coinbase CEO, Brian Armstrong took to Twitter to forewarn the crypto community about the plan of the US Treasury Secretary to “rush out some new regulation regarding self-hosted crypto wallets before the end of his term. äàëüøå »
2020-11-27 20:36
Coinbase Front-Runs an Upcoming “Negative” New York Times Article
On Wednesday, Coinbase not only cautioned the industry of the Treasury Secretary's intentions to regulate self-custodied wallets but showed another bout of transparency. In its attempt to front-run the New York Times, the San Francisco-based cryptocurrency exchange said NYT is “planning to publish a negative story about Coinbase” in the next few days regarding its […] The post Coinbase Front-Runs an Upcoming “Negative” New York Times Article first appeared on BitcoinExchangeGuide. äàëüøå »
2020-11-27 19:34
G7 Leaders Don’t Want Any Stablecoin, Including Facebook’s Libra to Launch Without Regulation
Financial leaders of the world’s seven biggest economies oppose the launch of Facebook’s Libra stablecoin until it is regulated, as per a G7 statement draft. Digital payments can improve access to financial services and cut costs and inefficiencies, says the draft prepared for a meeting of finance ministers and central banks of the United States, […] The post G7 Leaders Don’t Want Any Stablecoin, Including Facebook’s Libra to Launch Without Regulation first appeared on BitcoinExchangeGuide. äàëüøå »
2020-10-13 15:42
‘Large-Scale’ Crypto Exit Scams Detected in Estonia’s E-Residency Program
Estonia had granted foreigners remote access to its digital infrastructure through its e-residency program, which is now linked to cryptocurrency frauds abroad. Amidst Europe working on improving its anti-money laundering rules, with EU banking watchdog calling for a single set of regulations after going through several related scandals, companies headed by Estonian e-residents have been […] The post 'Large-Scale' Crypto Exit Scams Detected in Estonia’s E-Residency Program first appeared on BitcoinExchangeGuide. äàëüøå »
2020-9-29 20:50
Cream Finance Announces AMM, creamY, with Several Innovations that ‘Make it Stand Out’
Cream Finance has introduced an automated market maker (AMM) which focuses on low slippage and fees of stablecoins. Combining Curve’s very low cost and very high-efficiency feature and Balancer’s updatable for addition or removal of an asset from the pool — unlike Uniswap or Curve pool, which are immutable — creamY has created a “dynamically […] The post Cream Finance Announces AMM, creamY, with Several Innovations that 'Make it Stand Out' first appeared on BitcoinExchangeGuide. äàëüøå »
2020-9-22 22:07
FTX CEO Proposes Deploying SushiSwap to Solana, Votes in Favor
Digital assets derivatives platform FTX is ruling the cryptocurrency market right now. The company is building right, left, and center, and with a CEO who barely sleeps, it makes sense that they are so ahead of the curve. äàëüøå »
2020-9-5 19:47
Hardware Wallets Trezor And KeepKey Face Potential ‘Man-in-the-Middle’ Ransomware Attacks
According to a Medium blog post by ShiftCrypto, a rival to the hardware wallet manufacturers, the older versions of Trezor and KeepKey face a possible remote ransomware attack when users are entering their passphrases on desktops and mobile phones. äàëüøå »
2020-9-3 15:11
Bitcoin Derivatives Gaining Record Traction from Institutional Investors
Not much has changed in the bitcoin market. Yes, we go up towards $12,000. Yes, we then go down to $11,000. But it is nothing new. August has been all about — BTC price surging and falling but remaining in the range. äàëüøå »
2020-8-28 17:58
Grayscale’s Trust Shares Are Trading At Huge Premiums, Arcane Research Reports
In a report published by Arcane Research on the current state of the institutional crypto investment fund, Grayscale Trust, there is an increasing demand for Bitcoin (BTC) across the U. S. as inflation grows. äàëüøå »
2020-8-22 22:45
Elliptic Partners with Fireblocks for Enterprise Grade KYC/AML Crypto Compliance Automation
Elliptic, a blockchain analytics firm, has partnered with institutional crypto storage and transaction service provider, Fireblocks; a move that is set to enhance the KYC/AML effectiveness of both companies. äàëüøå »
2020-8-15 21:40
Something New & Better will Replace Bitcoin In the Coming Decades: Binance CEO CZ
Bitcoin dominance has dropped 8. 5% since May 7 when Paul Tudor Jones announced that his company is investing in BTC. Since early 2016 when bitcoin’s dominance was at 98. 98%, it has fallen more than 38%. äàëüøå »
2020-7-23 22:47
Most Expensive Crypto Exchanges for Smaller Traders
While stock brokerages have reduced trading fees and various retail brokers like Robinhood offer zero commission trades, digital currency exchanges have increased fees for their lowest tier retail group since a year ago. äàëüøå »
2020-7-19 19:45
Japan’s Govt. Is Strongly Considering Launching A CBDC In Cooperation With The US and Europe
Japan is increasing its efforts in developing a central bank digital currency (CBDC), reported the largest financial paper in Japan, Nikkei on Wednesday. The post further confirms that the Japanese government plans to add the development of a digital yen into its policy framework this year. äàëüøå »
2020-7-15 18:11
Forsage: “Decentralized” Ethereum Blockchain Smart Contract Scheme Rises
As a news organization who began covering the crypto landscape in early 2017, there has been one constant that remains to be consistent so far. And that is, multi-level marketing and cryptocurrency-related, blockchain-based business opportunities simply have all ended up in complete failure and loss for the majority of its memberbase. Breaking onto the crypto […] äàëüøå »
2020-6-4 23:11
Ripple (XRP) Price Analysis (May 12)
Key Highlights • XRP/USD now features series of lower swing lows than lower swing highs below a $0. 20 mark. • $0. 18 remains a critical price line of XRP/USD bearish trend. • Bears will stop around $0. äàëüøå »
2020-5-12 12:01
VeChain Picked To Spearhead The Use Of Blockchain Solutions Asia Pacific Provenance Council
A freshly formed consortium known as Asia Pacific Provenance Council is banking on blockchain to enhance efficiency in supply chains that exports Australian agricultural surplus estimated to be worth about $76 billion to China each year. äàëüøå »
2020-5-10 20:48
European Commission to Offer Grants for Creating Digital Twins Using Blockchain for Defense Applications
Blockchain developers and specialists are being given grants by the European Commission (EC) so that they adapt civil tech to defense applications. The European Defense Industrial Development was published by the EC on March 24. äàëüøå »
2020-3-27 23:56
Bitcoin Price (BTC) Eyeing Strong Comeback After A Massive Fall
Bitcoin price tumbled more than $5,000 in the past two days. BTC to USD is currently correcting higher from $3,865 and it is likely to continue higher towards the $6,000 and $6,200 levels. Key Takeaways: BTC/USD Bitcoin price fell significantly from well above $8,200 and it tested the $4,000 area against the US Dollar. BTC/USD […] äàëüøå »
2020-3-13 16:52
Bitcoin Purchases on Dorsey’s Square Cash App, Records Its 7th Straight Quarter of Growth
According to the financial report of the quarter four of Twitter founder and bitcoin proponent Jack Dorsey’s Square, customers bought $178 million of Bitcoin. In total, the peer-to-peer payments and stock trading Cash App generated $361 million in revenue, half of which came from bitcoin trading. äàëüøå »
2020-2-29 22:24
Hyperledger Fabric 2.0 Launches With New Features; Decentralized Governance And Data Privacy
In an official launch published by Hyperledger Foundation, users can now access the Hyperledger 2. 0, the second version of their enterprise based decentralized ledger, focusing on production. Hyperledger Fabric 2. äàëüøå »
2020-1-31 18:22
Analyst Calls for the Moon as Bitcoin Breakout Confirmed
Bitcoin price is hitting new highs of 2020 as yesterday we went to $9,429 on Bitstamp. This uptrend was on the back of strong volumes. As per Messari, the top 10 exchanges with real volume saw more than $1. äàëüøå »
2020-1-29 17:31
GK8 Security Firms Offers $250K Bounty for Hackers Who Can Hack Its Cold Wallet
GK8, a cybersecurity startup based in Israel has offered a bounty of up to two hundred and fifty thousand dollars in BTC for any person who will manage to access or hack its crypto cold wallet. The bounty program which is expected to run for a period of twenty-four hours is expected to go live […] äàëüøå »
2020-1-28 18:47
Virgil Griffith, ETH Dev Indicted by A Grand Jury For Violating IEEPA During North Korea Event
Virgil Griffith, an Ethereum Foundation Researcher is about to be indicted by the United States District Court for the Southern District of New York. Court records indicate that he was indicted by a grand jury on 7th January 2020. äàëüøå »