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Cryptocurrency News

Location American Cryptocurrency News for 20 October 2020
Bitcoin trading dominance hits 2017-levels not seen since $20,000 BTC The Bitcoin trading dominance has hit a three-year high for the first time since BTC hit its all-time high price of almost $20,000.
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Defi Projects That Will Succeed

Crypto News - 20 Oct 2020 23:51
Defi Projects That Will Succeed Disclaimer: The text below is a press release that was not written by Cryptonews.com. The Decentralized Finance (DeFi) ecosystem went through an exponential rise this year, rising from $1 billion to $11 billion in 2020. ...
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Bitcoin Proponents Bemoan Joe Biden's Proposed Capital Gains Hike The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to B...
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CoinDesk's Most Influential list highlights those who helped advance the crypto and blockchain industries, in spite of this year's tragedies.
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'Steady Increase' in Bitcoin Investment Coming, Not a 'Flurry' - CoinShares A year and half and a leap of faith will be required to finally shunt institutional investors into the bitcoin (BTC) market, claims an executive at digital asset management firm CoinShares - adding that "a steady increas...
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House Speaker Nancy Pelosi said she is "optimistic" after the Trump administration made concessions on coronavirus testing and tracing ahead of a Tuesday evening deadline.
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Study finds CME drives Bitcoin price, but it excludes stablecoin volumes Data from Wilshire Phoenix suggests BTC price formation is driven by CME Bitcoin futures but would this dynamic differ if stablecoin volumes were also included?
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How Strong Is Bitcoin's Push Above $12,000?

Coin Desk - 20 Oct 2020 21:00
Who has the most recent bitcoin move right, the bulls or the bears?
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Compound's governance token, COMP, fell below $100 early Tuesday. The DeFi token kicked off the yield farming craze way back in June.
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Breakout or fakeout? Top traders react to Bitcoin price rally to $12K Bitcoin price rallied to $12,000, but traders are unsure whether the move is a breakout or a fakeout.
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Kik will pay $5 million in penalties as part of a proposed settlement with the SEC, which sued the messaging app last year.
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Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for 'Big Moves' Ahead Trends in bitcoin options markets are making it difficult for financial analysts to pinpoint BTC’s next move. Data from CME’s recently published trader report shows that institutional investors are capturing a larger...
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Saylor said the bitcoin market needs high-quality data, in an interview Tuesday.
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Here's all the news people are talking about in crypto today.
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The US Risks Getting Left Behind on CBDCs

Coin Desk - 20 Oct 2020 17:51
The Federal Reserve's "wait and see" approach to digital currency could deprive the U.S. of important fiscal and monetary tools as its rivals move ahead.
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IDEX 2.0 Revealed, Corda's XDC Exchange Token Launched + More 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. Exchanges news Decentralized cryptocurrency exchange (DEX) IDEX laun...
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Charles Hoskinson and Dovey Wan Join Star-studded Line-up for BlockDown 3.0 Spooktacular Disclaimer: The text below is a press release that was not written by Cryptonews.com. BlockDown 3.0 is gearing up for yet another stunning event with the virtual conference series announcing a host of big-name speakers t...
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CBDCs Mean Evolution, Not Revolution

Coin Desk - 20 Oct 2020 16:51
Central bank digital currencies can help create a more inclusive financial system, says the innovation chief at the Bank for International Settlements.
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Bitcoin Surpasses USD 11,800, Ethereum, Altcoins Slide Bitcoin price remained in a positive zone above the 11,550 resistance. BTC extended its rise above the USD 11,800 resistance and it even spiked above USD 11,900. The price is currently (13:00 UTC) up 3% and it might soon...
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Deposits at crypto-friendly Signature Bank grew by $4.11 billion, an 8% increase, in the third quarter of 2020.
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US Financial Watchdog Fines Bitcoin Mixer Service for $60 Million Larry Dean Harmon, founder and operator of early bitcoin mixing services Helix and Coin Ninja, is being fined $60 million by the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) for allegedly violating ant...
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Participation on both the Zinken and Medalla testnets has fallen as developers prepare for the deposit contract's release.
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