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Bank of England Governor Warns of Risky Bitcoin, Mulls Stablecoins
In a speech to the Brookings Institution on Thursday, September, 3, the head of the Bank of England warned about digital currencies like Bitcoin. He said that the leading crypto has “no connection” to money. дальше »
2020-9-3 21:29 | |
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Bank of England guv: Bitcoin, cryptocurrencies are difficult and unsuitable for public use
In a panel discussion with the Brooking Institution, Governor of the Bank of England, Andrew Bailey said that stablecoins, Bitcoin, and other cryptocurrencies are difficult and unsuitable for the publThe post Bank of England guv: Bitcoin, cryptocurrencies are difficult and unsuitable for public use appeared first on AMBCrypto. дальше »
2020-9-3 19:43 | |
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After $190M Investment, Kazakhstan Now in Talks to Attract $714 Million in Bitcoin Mining
Kazakhstan, one of the hottest places for bitcoin mining, is currently in talks to attract an investment worth 300 billion tenge, $714 million into the cryptocurrency sector, said Digital Development Minister Bagdat Mussin. дальше »
2020-9-3 18:39 | |
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Unnamed DeFi project offers Tone Vays $500k for promotion
A less scrupulous figurehead would probably have said yes.
дальше »2020-9-3 18:09 | |
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VW-backed QuantumScape to Go Public at $3.3B Valuation
Coinspeaker VW-backed QuantumScape to Go Public at $3. 3B ValuationQuantumScape said that it plans to go public. It is the latest transportation startup to integrate with a special purpose acquisition company or SPAC. дальше »
2020-9-3 17:27 | |
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XRP May Be Primed for a “Massive Breakout” After Reclaiming Crucial Levels
XRP has been closely tracking Bitcoin and the other major altcoins throughout the past few days. Although this helped provide it with some slight momentum earlier this week, it has since caused it to see some notable downside, as the aggregated crypto market is beginning to show some signs of weakness. That being said, there […] дальше »
2020-9-3 02:00 | |
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Ethereum Posts Strong Reaction to Key Support Level, But Risk of Downside Remains
Ethereum and the entire crypto market saw a sharp selloff overnight that caused ETH and most other major altcoins to erase their recent gains This selling pressure struck a lethal blow to the uptrends seen by both major and minor altcoins alike That being said, Ethereum and Bitcoin have both been able to remain above multiple key support levels As such, analysts are noting that bulls may be firmly in control, and may help guide […] дальше »
2020-9-3 23:00 | |
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UMA Sell-Off Takes Price 35% Lower From YTD Top; What’s Next?
UMA bulls have taken a break from pumping the token, given the magnitude of its price correction in the last 36 hours. The UMA/USDT exchange rate fell by circa 25 percent within the said period. As of September 1, the pair was trading at a year-to-date top of $30 following a 700 percent rally. The […] дальше »
2020-9-2 14:00 | |
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Major Swiss Insurer Adds Bitcoin and Ether Payments
Atupri, a Swiss health insurance provider, said Monday that its 200,000 customers will now be able to make payments using bitcoin and ethereum. The 110-year old firm claims it is the “first” insurer in Switzerland to accept cryptocurrencies. дальше »
2020-9-2 09:30 | |
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Tezos Agrees To Pay $25 Million To End Class Action Lawsuit Over Securities Laws Violation
Tezos has reached a settlement with the court to end approximately three years of litigation between Tezos and a group of plaintiffs. The said plaintiffs filed a class-action lawsuit that concerned whether the Tezos (XTZ) cryptocurrency is a security and whether the company conducted its 2017 ICO inappropriately. дальше »
2020-9-1 18:17 | |
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Bitcoin Emerges as a Safe Hedge in Argentina Amidst Inflation Fears
Argentina citizens voted Bitcoin was the safest way to invest and save money during a time of crisis, according to the results of a survey released by crypto firm Paxful this week. Crypto the “Safest” during Crisis The survey found out that of 1,113 Argentineans, over 75% said they would choose Bitcoin and other cryptocurrenciesRead MoreRead More. дальше »
2020-9-1 17:00 | |
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Ethereum Founder Says Yield Farming Projects Will Need to Print Money Like Central Banks
Ethereum founder, Vitalik Buterin, blasts the ever-expanding yield farming space, comparing the token incentives to central banks’ constant money printing. In a tweet on Aug. 31, Vitalik said the economics behind these decentralized finance (DeFi) projects are similar to the “Federal Reserve being run by Ron Paul” – former republican congressman. дальше »
2020-9-1 15:49 | |
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Tesla Foils Ransomware Attack After Employee Rejects Bitcoin Bribe Worth $1 Million
Tesla’s Elon Musk has said the company recently foiled attempts to infect its computer network with malicious software, after an employee cooperated with the FBI in an investigation. The malicious software would create an opportunity for criminals to extort money from Tesla. дальше »
2020-9-1 04:00 | |
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Analysts Expect Ethereum to Hit $500 Despite Tapping Massive Resistance
Ethereum has been flashing signs of immense strength throughout the past few days The cryptocurrency is now pushing towards its yearly highs as its bulls come out in full force This has allowed ETH to rally up to $437, with buyers now aiming at it setting fresh highs of over $440 in the near-term That being said, this level may act as strong resistance for the crypto in the near-term, potentially slowing its ascent Analysts […] дальше »
2020-9-1 23:00 | |
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Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa
Yellow Card has raised $1. 5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. дальше »
2020-8-31 01:00 | |
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Chainlink oracles to be deployed on privacy-centric DeFi app
The Oasis Foundation, an organization supporting the development of the Oasis Network and its ecosystem, will integrate Chainlink’s market-leading decentralized oracles to enable support for Decentralized Finance (DeFi), and various other privacy-focused blockchain dApps built on the Oasis Network, it said in a release shared with CryptoSlate. дальше »
2020-8-31 23:01 | |
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Why This Analyst Doesn’t See Ripple’s XRP Hitting $1 Anytime Soon
An investment analyst, Timothy Peterson says Ripple’s XRP is not likely to reach $1 and much less likely to reach $10. The analyst who uses value estimates to project the future performance of digital assets based on adoption and user interest said the number of users on its network isn’t improving, which means that XRP […] дальше »
2020-8-31 17:41 | |
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IDEX Undergoes Smart Contract Audit Instead of Riding the “Test in Prod” Narrative
IDEX, a decentralized exchange, will use crypto firm Quantstamp to audit its smart contracts. It comes at a time when most DeFi projects are launching without strict audits. A DeFi alternative to CEXs In a release, IDEX said the launch of its upgrade, the IDEX 2. дальше »
2020-8-28 15:07 | |
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Crypto leaders at odds over SEC’s ‘accredited investors’ move
Many prominent crypto players responded positively to the SEC decision, while others said the move falls short
дальше »2020-8-28 08:32 | |
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Bitcoin & Gold Make An Inverted V on Fed’s Inflation Sacrifice; Stocks Roared Even Higher
The Federal Reserve will allow inflation to run above 10%, said Fed Chairman Jerome Powell during the much-awaited virtual speech from the central bank’s annual Jackson Hole, Wyoming symposium. Bitcoin’s price responded to the news quite visibly, forming an inverted V, as the digital asset jumped from $11,290 to just above $11,600. дальше »
2020-8-27 19:48 | |
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Fidelity Launches Bitcoin Fund With Minimum Investment Of $100,000
Fidelity investments said in a new filing to the Securities and Exchange Commission that it is launching a Bitcoin fund — the Wise Origin Bitcoin Index Fund I. Managed by a new business unit called Fidelity Digital Funds, this will only be available to qualified purchases with a minimum investment of $100,000. Clearly, the fund […] дальше »
2020-8-27 16:03 | |
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Veteran Strategist Sees Bitcoin Back at $12K as Powell’s Speech Nears
A veteran market strategist expects Bitcoin to hit $12,000 even as the cryptocurrency looks uncertain ahead of the annual Jackson Hole meeting on Thursday. Mark Principato, the founder of New York-based Seeking Cryptos, said BTC/USD is setting up for “a new swing trade long off of today’s inside bar. дальше »
2020-8-28 11:37 | |
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Barstool Sports Founder David Portnoy Now Wants to “Save” Bitcoin and Crypto
High-flying social influencer and one-time crypto trader David Portnoy said he would “save” the crypto market in a tweet this week – but only if asked “nicely. ” Saving Bitcoin The founder of sports blog Barstool Sports, Portnoy entered the crypto market in high spirits earlier this month aiming to turn a hit profit in theRead MoreRead More. дальше »
2020-8-27 23:00 | |
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American Airlines Said It Would Slash 19,000 Jobs in October if U.S. Aid Wasn’t Extended
Coinspeaker American Airlines Said It Would Slash 19,000 Jobs in October if U. S. Aid Wasn’t ExtendedAmerican Airlines will fly less than 50% of its normal schedule in the fourth quarter. дальше »
2020-8-26 11:27 | |
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Bitcoin exchanges might soon share money laundering data in the UK
In the latest proposal concerning Bitcoin and crypto businesses, the UK’s top financial regulator, the Financial Conduct Authority, said all firms would be compelled to share reports on potential money laundering. дальше »
2020-8-26 03:30 | |
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Australian Conman Peter Foster Arrested For Bitcoin Fraud
A noted master scammer and serial con artist Peter Foster has been arrested for multiple money laundering charges, including the theft of $1. 73 million worth of bitcoins. Foster stole the said amount of bitcoins from a Hong Kong businessman named Konstantinos Stylianopoulos. дальше »
2020-8-26 00:24 | |
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Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021
Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17. 7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight months starting January 2021. дальше »
2020-8-26 22:30 | |
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Avoid Billionaire Michael O’Leary, Who’d Never Invest in Bitcoin, Like a ‘Plague’
Irish airline Ryanair owner billionaire Michael O’Leary bashed bitcoin, calling it a “Ponzi,” nothing new, and advised people to stay away from it. O’Leary, in an interview with The Sunday Times said, “I have never, and would never, invest one cent in bitcoin, which I believe is equivalent to a Ponzi scheme, I would strongly advise […] дальше »
2020-8-26 21:03 | |
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Digital Yuan Effect? The Federal Reserve Bank of Boston Is Evaluating Over 30 Blockchains for Digital Dollar
Syncing with one of the hottest trends of the year and building on previous researches, the Federal Reserve Bank of Boston is said to be evaluating over 30 blockchains to determine whether they would support a digital dollar reports CoinDesk on Aug 24. дальше »
2020-8-26 13:07 | |
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Bloomberg Predicts Gold at $3K, Bitcoin at $20K in Current Bull Run
A bullish comment on gold by a top Bloomberg Intelligence analyst could leave Bitcoin in a similar upside spell. The firm’s senior commodity strategist, Mike McGlone, said in his August update that he expects the precious metal’s price trajectory to accelerate. дальше »
2020-8-25 09:11 | |
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Coinbase CEO says Apple is too “restrictive” towards cryptocurrencies
Coinbase CEO Brian Armstrong said tech giant Apple has “restrictive” policies towards the cryptocurrency sector, as per a tweet this weekend. The post Coinbase CEO says Apple is too “restrictive” towards cryptocurrencies appeared first on CryptoSlate. дальше »
2020-8-25 02:10 | |
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Analyst: Ethereum Likely to Plunge to $370 as It Reaches Key Resistance
Ethereum saw a sharp and sudden upswing yesterday that allowed it to post some notable gains The cryptocurrency has now resecured its position within the lower-$400 region, with bulls building major strength following the break above its key resistance level That being said, analysts are still noting that massive resistance that exists right around $408 may prove to be insurmountable in the near-term The selling pressure here may open the gates for ETH to see […] дальше »
2020-8-25 23:00 | |
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The Trials of China’s DCEP Focusing on Retail Transactions: Report
The experimental test of China’s sovereign digital currency is currently focused on small retail transactions and hasn’t expanded to large volume transactions yet, said the country’s central bank as reported by local media. дальше »
2020-8-24 19:28 | |
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Cosmos (ATOM) Rallies 35% to Hit All-Time High; More Gains Ahead?
ATOM, the native token of interoperable blockchain Cosmos, was on a roller coaster ride in the last 24 hours. The 17th-largest cryptocurrency by market capitalization surged by almost 35 percent in the said timeframe as it established a record high at $8. дальше »
2020-8-24 14:38 | |
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Japan’s Finance Minister: Blockchain Can Help in Fight Against COVID
Taro Aso, Japan’s finance minister, said blockchain could provide one possible solution to COVID contact tracing, emphasizing privacy. дальше »
2020-8-24 07:54 | |
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Bitcoin short-term price analysis: August 23
Bitcoin sits well below $12,000 after its failure to breach the said psychological level. There are multiple factors acting in sync that has led to this particular outcome of bitcoin sliding lower. дальше »
2020-8-24 22:00 | |
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12 Bitcoin Cash-Fueled Flipstarter Campaigns Raise $1 Million
The Flipstarter platform has gained traction in the last five months raising $1 million in bitcoin cash for 12 different campaigns. In a recent read. cash blog post, the team behind Flipstarter’s development said the application demonstrates how “stakeholder funding of the commons can work. дальше »
2020-8-23 05:30 | |
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Rich Dad, Poor Dad Author Says ‘Major Banking Crisis Coming,’ Praises Bitcoin and Gold
Robert Kiyosaki, the author of the best-selling book “Rich Dad, Poor Dad,” explained this week that time is running out as a “major banking crisis is coming fast. ” The best selling author says now is “not a time to think about it” and said people should start considering leveraging precious metals and bitcoin. дальше »
2020-8-21 20:00 | |
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‘Ripple’s XRP Is Not a Security’, Says U.S. Congressman
Coinspeaker ‘Ripple’s XRP Is Not a Security’, Says U. S. CongressmanThe American delegate from Minnesota Tom Emmer hosted the first “Cryptocurrency Town Hall” where he said Ripple's XRP is not a security urging lawmakers to make policies that support growth in the blockchain and cryptocurrency sectors. дальше »
2020-8-21 15:38 | |
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Is Bitcoin's price disrupting 'Hodling' cycle?
Bitcoin's market price is under a transitional period and the same can be said for the market sentiment at the moment. Correlation is a huge part of the market and any price movement often changes theThe post Is Bitcoin's price disrupting 'Hodling' cycle? appeared first on AMBCrypto. дальше »
2020-8-21 15:30 | |
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ETH 2.0 Validator Says Medalla Testnet Incident Was a “Learning Experience”
One of the validators testing on ETH 2. 0, Ethereum’s upcoming platform upgrade to a proof of stake consensus design, said the recent Medalla testnet incident was a “learning experience. ” Validator Says ETH 2. дальше »
2020-8-21 15:07 | |
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