Bank of Singapore’s Chief Economist Says Cryptocurrencies Could Edge Out Gold

But certain risks, such as trust, volatility, and regulatory clarity, need to be addressed first. The post Bank of Singapore’s Chief Economist Says Cryptocurrencies Could Edge Out Gold first appeared on BitcoinExchangeGuide. дальше »

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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. дальше »

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Bitcoin is ‘Ridiculous’ and Unlike Tangible Gold, ‘It’s Nothing’ says Billionaire Hedge Fund Manager Paul Singer

“Cryptocurrencies are nothing,” says Billionaire hedge fund manager Paul Singer.  The founder of New York-based Elliott Management sees the explosive growth in crypto assets as irrational investor activity. дальше »

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Former Goldman Sachs CEO Says Regulators Should Be Hyperventilating at Bitcoin's Success

Goldman's Lloyd Blankfein says Bitcoin "could work," but he is convinced that regulators will not ignore it дальше »

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Bank of Singapore Says Crypto Could Replace Gold as Store of Value

Cryptocurrencies need to overcome a number of hurdles first, though, according to a research note. дальше »

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Bank of Singapore Says Cryptocurrencies “Could Replace Gold as a Store of Value” but Unlikely to Displace Fiat Currencies

A new research note released by the Bank of Singapore (BOS) suggests that cryptocurrencies are likely to replace gold as a store of value. However, the note says it is unlikely that such digital currencies can replace fiat currencies even as their appeal grows. дальше »

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Former UK Cybersecurity Chief Says Laws Are Needed to Stop Ransomware Payouts

“People are paying bitcoin to criminals and claiming back cash” via insurance claims, Ciaran Martin said. дальше »

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Crypto Lawyer Stephen Palley Backs SEC, Says XRP Is A Security

A top lawyer and crypto enthusiast Stephen Palley has backed the SEC, saying that XRP is indeed a security. The company behind XRP, Ripple has been in court since late December last year following a suit by the SEC alleging that XRP was an unregistered security. дальше »

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XRP is a Security, Says Prominent Crypto Lawyer

To XRP or not to XRP Stephen Palley has been commenting about crypto on Twitter for a while, and has been vocal about the debacle between Ripple Labs and the US Securities and Exchange Commission (SEC). дальше »

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Anthony Scaramucci says holding Bitcoin as safe as owning bonds and gold

Scaramucci’s SkyBridge Capital introduced a new Bitcoin fund in early January. He says that improved infrastructure and regulation have made BTC investments "as safe as owning bonds and commodities like gold." дальше »

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A Supply of 2.1 Quadrillion Satoshis Disqualifies Bitcoin as a Scarce Resource- Says Peter Schiff

Bitcoin is not as scarce as commonly perceived, according to Bitcoin Critic and gold Investor Peter Schiff. Bitcoin has a maximum cap of 21 million, but each bitcoin can be subdivided into a further 100 million smaller units named satoshis in reference to the pseudonym of Bitcoin’s anonymous founder. “The idea that Bitcoin is scarce […] дальше »

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Crypto Market Forecast: Week of January 25th 2021

A curated weekly summary of forward-focused crypto news that matters. This week, the incoming US Treasury secretary says crypto is due for some regulation, MicroStrategy buys more Bitcoin, and Ethereum hits an all-time high. дальше »

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Bitcoin Whales Grow After Price Bottoms, Analyst Says ‘Coins Are Moving to Very Strong Holders’

While the price of bitcoin has been consolidating just above the $30k handle, onchain data shows that when the price dropped to $28,800, bitcoin whales bought the dip. Statics from Glassnode’s web portal shows the number of addresses with more than 1,000 bitcoin has spiked after hitting the price bottom. The Number of Addresses Holding […] дальше »

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Bitcoin Should be Added to an Investment Portfolio Finds Study

After analyzing a portfolio with and without bitcoin, a study says the “robustness check confirms the findings and also advocates for the cryptocurrency to be added to the portfolio.” The... дальше »

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Growing Number of Clients Bought ETH, But Only A Select Group of VC Funds & Family Offices Investing in DeFi: Coinbase

DeFi remains retail-driven just like the early days of Bitcoin adoption, says Coinbase whose clients are interested in Ethereum’s evolving potential as a store of value and its status as a digital commodity. дальше »

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Legendary Investor Bill Miller Gives Even More Reasons to be Bullish on Bitcoin

Bitcoin is unlike any other asset that can match BTC’s liquidity with its upside potential, says Miller, who bought MicroStrategy’s convertible bond that was used to buy more BTC, which he says had “very little downside and an almost-free call option on Bitcoin. дальше »

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Tether Banker Says the Stablecoin is Fully-backed

Deltec, the Tether (USDT) banker based in the Bahamas, says the popular stablecoin is fully-backed, downplaying long-standing reports of the integrity of its client’s reserves. The declaration is coming as both Tether and Bitfinex are submitting documents to the New York Attorney General (NYAG) concerning an $850 million embezzlement case from April 2019. Tether isRead More дальше »

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Harvard crypto skeptic calls Bitcoin a ‘hedge against dystopia’

Harvard professor Kenneth Rogoff says that he doesn't see Bitcoin succeeding, barring extenuating circumstances.

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Iranian hackers use cryptojacker to bypass sanctions, says report

Cybersecurity firm SophosLabs has traced MrbMiner, a new cryptojacking virus that primarily targets powerful database servers, back to a small software company in Iran, according to a report published yesterday. дальше »

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Bitcoin to Add $1 Billion in Revenue to PayPal Says Analyst

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Yellen Clarifies Her Stance On Crypto, Says Digital Assets Have “Potential”

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Tether’s Bank Deltec Says Stablecoin Is Fully Backed by Reserves

"Every tether is backed by a reserve and their reserve is more than what is in circulation," said Gregory Pepin, Deltec Bank's deputy CEO. дальше »

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Alphabet Says Loon Is Not Profitable, Shuts It Down

Continue reading at Coinspeaker дальше »

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Blockchain and Crypto to experience accelerated growth in 2021 – Ripple

Despite being on a sticky wicket in the wake of an SEC lawsuit, Ripple’s leadership is confident in the future of blockchain and crypto. According to an article released on the company’s website, RippleNet General Manager, Asheesh Birla says that cryptocurrencies are finally bridging the gap with traditional financial institutions, allowing fintech companies to seize […] дальше »

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Treasury Secretary nominee says crypto has potential to improve the financial system

Janet Yellen added that she planned to encourage the use of digital assets for “legitimate activities.”

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Leading Crypto Derivatives Exchange Bit.com Set to Launch Bitcoin Cash Options

On January 21, the derivatives exchange by Matrixport, Bit. com, announced the launch of the first bitcoin cash perpetual swaps and options. The exchange says before the product launch there was no options market for bitcoin cash and the firm believes there’s room for improvement in this arena of crypto derivatives. дальше »

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Increased Mainstream Adoption of Bitcoin Cuts Diversification Benefit, JPMorgan Says

Bitcoin's correlation with traditional markets could "erode" its "diversification value over time." дальше »

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Blockfi exec explains institutional outlook on altcoins

He says that institutional players look for certain volume and market cap levels when considering altcoins.

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Bitcoin Worries ‘Fading’ as Crypto Goes Mainstream, S&P Says

S&P joins a growing list of Wall Street firms to weigh in on bitcoin after prices for the cryptocurrency quadrupled in 2020. дальше »

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How Cultural Differences Drive User Adoption in DeFi

Despite being virtually identical products at launch, SushiSwap and Uniswap have taken divergent paths as they respond to users, says Multicoin's principal. дальше »

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Janet Yellen plans new crypto regulations

In written answers to questions relating to her confirmation as US Treasury Secretary, Janet Yellen says she will work closely with a range of government agencies to implement new regulations related to cryptocurrencies. дальше »

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Bitcoin corrects as bulls seek threshold support at $35k

Bitcoin (BTC) could be trapped in consolidation at $30,000—$38,000, says one analyst BTC/USD has… The post Bitcoin corrects as bulls seek threshold support at $35k appeared first on Coin Journal. дальше »

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Bitcoin Sees Largest Depletion of Liquidity as Approx. 270,000 Bitcoins Have Moved to Hodlers: Glassnode

Glassnode data says that the Bitcoin market is seeing the biggest drop in liquidity in the past month, while 270,000 BTC have passed from weak hands to stronger ones дальше »

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Former US Treasury Secretary Larry Summers Says Bitcoin ‘Is Here to Stay’

Former U. S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former secretary asserts that bitcoin’s price fluctuations are in fact a sign of its resilience. дальше »

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Cardano wants to incentivize running sidechains with inflation, says Hoskinson

Since the launch of Shelley in July 2020, implementing Goguen, the next era of the Cardano blockchain, has been the focus of the Cardano Foundation. However, the much-anticipated launch is still yeThe post Cardano wants to incentivize running sidechains with inflation, says Hoskinson appeared first on AMBCrypto. дальше »

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SEC’s "Crypto Mom" demands innovation, says you can’t prosecute an algorithm

The commissioner of the SEC, Hester Peirce, told an audience at CFC 2021 that crypto regulation should be focused on innovation, and that the U.S should be number one. дальше »

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It's "Pretty Obvious" That XRP Is a Security, Says Bitcoin Hater Peter Schiff

After XRP, Bitcoin is going to be the SEC's new target, according to Peter Schiff's unsubstantiated prediction дальше »

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Analyst Lyn Alden Says Ethereum Is Still an ‘Unfinished Project’

A bitcoin (BTC) strategist and investor remain skeptical towards the Ethereum protocol, considering it an “unfinished product. ” Lyn Alden, an advisor for the dollar cost averaging BTC investing app Swan Bitcoin, believes the network lacks a concrete model, “other than just speculation. дальше »

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Ether could be heading for $10.5K, says Fundstrat strategist

Ether’s ongoing proof-of-stake upgrade combined with its DeFi potential and new all-time high could trigger its price to rise above $10,000, according to one analyst. дальше »

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Thailand Stock Exchange rules out cryptocurrencies on its platform

Thailand’s stock exchange ‘SET’ is planning to roll out a digital asset trading platform but says the platform will not include cryptocurrencies. According to the SET, crypto assets will not be listed in the stock exchange because such assets could facilitate money laundering and did not meet its product qualifications. дальше »

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This Phenomenal Chart Shows Bitcoin Volatility Still Near Lows: Dan Tapiero

Dan Tapiero shares a "phenomenal chart" on Bitcoin that partly explains the current Bitcoin rise and says a few things about the present level of BTC volatility дальше »

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Head of RippleNet Says Fintech Could Compete with Banks in 2021

Fintech companies are ready to take over legacy finance, according to the head of RippleNet дальше »

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Bitfinex Says It’s Nearly Done Turning Over Documents to NYAG

The document production process has already stretched over a year. дальше »

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Netherlands: Bitstamp Users Must Now Undergo KYC to Withdraw to External Wallets

Bitstamp crypto exchange has now made it mandatory for its users who want to withdraw funds to external wallets to first undergo a know-your-customer procedure. The firm says the new measure is in a bid to comply with Netherlands anti-money laundering regulations. дальше »

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Janet Yellen Says Cryptocurrencies Are a ‘Concern’ in Terrorist Financing

The U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said. дальше »

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Criminal Activity in Crypto Transactions Fell Sharply in 2020, Says Chainalysis

Partly offsetting the positive trend is an explosion in ransomware attacks, which rose 311% from 2019. дальше »

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Long Bitcoin, Short Dollar Trades “Most Crowded,” Says Bank of America Survey

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$100,000 Bitcoin Price Target is ‘Too Low’ Says On-Chain Analyst

In the mid of December, Bitcoin broke the 2017 bull market top $20,000 to reach a new high of $42,000 in January 2021.  For now, the leading digital asset is range-bound after seeing a pullback, not seen since the March sell-off. дальше »

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Ex-Real Madrid Football Player Joins a Spanish Lower Division Club in Deal Financed With Crypto

In a possible first for Spanish football, DUX Internacional de Madrid, a lower division side says it has used crypto buy a new player. The player, David Barral moved to his new club after Criptan, the new club sponsor facilitated the acquisition. дальше »

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CoinShares to launch $200m Bitcoin ETP on Swiss stock exchange

CoinShares' CSO says the firm is “starting 2021 off with a bang” by launching a $200 million physically-backed Bitcoin ETP on Switzerland’s SIX exchange. дальше »

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