Cryptocurrency News
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
Bitcoin.com - 24 Oct 2020 14:35
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been crac...
Commodity Analyst: 'I Don't See What's Going to Stop Bitcoin From Appreciating'
Bitcoin.com - 24 Oct 2020 22:30
A senior strategist with Bloomberg Intelligence says that he does not see what’s going to stop bitcoin from appreciating. He explains that as bitcoin matures, it will trade more like gold than stocks. The strategist al...
China's central bank lays regulatory foundation for CBDC
Coin Telegraph - 24 Oct 2020 22:27
The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties
Gold smuggler's gait gives him away as Paypal launches price action moon mission: Bad crypto news of the week
Coin Telegraph - 24 Oct 2020 21:18
Check out this week's Bad Crypto podcast.
Billionaire Paul Tudor Jones Sees Massive Upside in Bitcoin, Like Investing in Apple or Google Early
Bitcoin.com - 24 Oct 2020 20:30
American billionaire hedge fund manager Paul Tudor Jones has recently become more bullish on bitcoin. He declared the cryptocurrency the best hedge against inflation and compares investing in bitcoin now to investing in ...
SharkTron - DeFi Project That Implies Complete Autonomy
Bitcoin.com - 24 Oct 2020 18:30
PRESS RELEASE. SharkTRON decentralized platform has set the goal of maximizing the DeFi TRON potential. The main task is to create a complete platform autonomy with a gradual transition to self-management by community me...
CME's Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto
Bitcoin.com - 24 Oct 2020 17:45
The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement...
Bitcoin's Rivalry With Gold Plus Millennial Interest Gives It 'Considerable' Upside Potential: JPMorgan
Coin Desk - 24 Oct 2020 17:43
A Friday note outlines institutional, corporate, and Millennial interest in the leading cryptocurrency.
Frozen out? Bitcoin price correlation to other assets still undefined
Coin Telegraph - 24 Oct 2020 16:45
Fidelity's report claiming Bitcoin as a non-correlated asset draws discussions, as not all agree with the assessment.
Billionaire Hedge Fund Manager Paul Tudor Jones: A Bet on Bitcoin Is a Bet on Human Ingenuity
Coin Desk - 24 Oct 2020 15:00
A recap of an exceptionally bullish week for bitcoin and crypto as a whole.
Corporate Treasuries Caught Between an Inflation Rock and Bitcoin
Crypto News - 24 Oct 2020 13:00
Bitcoin (BTC) is gradually becoming acceptable among mainstream investors and corporations. Nowhere has this been made more evident than with MicroStrategy's adoption of the most popular cryptocurrency as its main reserv...
PayPal's Crypto Offer, BTC's 13K Break, Bahama's CBDC and 20 Crypto Jokes
Crypto News - 24 Oct 2020 12:00
We saw some major news this crypto week, as BTC broke USD 13,000, PayPal said it will offer buying, selling and holding crypto, and the Bahamas unveiled its Sand Dollar. Following its network update, monero reigned as th...
Bitcoin whale clusters pinpoint 3 key levels for BTC price rally to continue
Coin Telegraph - 24 Oct 2020 11:00
New data from Whalemap reveals three whale clusters around $12K that should act as support and resistance areas for Bitcoin price in the short term.
Paypal's Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles
Bitcoin.com - 24 Oct 2020 09:15
The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move. Non-crypto players like ...
Voyager Digital Buys European Crypto Exchange Focused on Institutional Investors
Bitcoin.com - 24 Oct 2020 05:15
Crypto-asset broker Voyager Digital Ltd is buying LGO Markets, a French cryptocurrency exchange focused on corporate investors. The two firms will merge under one brand, Voyager, and their two separate native tokens, VGX...
ECB Executive Board Member on European Payments in the Digital Age
Crypto News - 24 Oct 2020 02:00
Speech by Fabio Panetta, Member of the Executive Board of the European Central Bank (ECB), at the ECB Conference "A new horizon for pan-European payments and digital euro." Frankfurt am Main, 22 October 2020. ______ Key ...
Prepping for Next Year's Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions Paper
Bitcoin.com - 24 Oct 2020 01:15
A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VA...