Cryptocurrency News
ETH 2.0 Scheduled for December, Vitalik Deposits $1.4M Worth of Ether Into Phase 0 Contract
Bitcoin.com - 7 Nov 2020 02:30
This December the cryptocurrency community may see the first introductory phase of the highly anticipated Ethereum 2.0 consensus change. On Wednesday, the Ethereum Foundation published ETH 2.0 specifications explaining h...
Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses
Bitcoin.com - 7 Nov 2020 06:30
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75...
More Japanese Pro Gamers Agree to Receive Salaries in XRP
Crypto News - 7 Nov 2020 01:00
Japanese securities giant and Ripple partner SBI has recruited four more pro gamers to its SBI eSports roster - with three teams so far all agreeing to receive their salaries in the XRP token. Per an official release, th...
Cash App's Bitcoin Revenue Soars 1,000% to $1.63 Billion in Q3, Square Announces
Bitcoin.com - 7 Nov 2020 20:30
Cash App, a mobile payment service of Square Inc., generated more than $1.63 billion in bitcoin revenue in Q3 2020, which is an increase of more than 1,000% over the same period last year. The company recently invested 1...
Bitcoin Drops Below USD 15K as Joe Biden Announced US President-Elect
Crypto News - 7 Nov 2020 19:28
Joe Biden. Source: a screenshot, Instagram/joebiden On Saturday, after a few nail-biting days of vote-counting, Democratic candidate Joe Biden announced as the winner of the US presidential election, beating Donald Trump...
Crypto fund's unlikely strategy: Taking on Bitcoin and S&P 500 returns
Coin Telegraph - 7 Nov 2020 19:15
A crypto fund is buying up Bitcoin at a major discount in a high-risk, high-return game. What are the odds of outperforming BTC itself?
Crypto Impact Unclear After Joe Biden Unseats Donald Trump as Next US President
Coin Desk - 7 Nov 2020 18:27
Joe Biden's picks to head key regulatory agencies could redefine cryptocurrency policy in the coming years. Exactly how remains an open question.
Veteran Investor Bill Miller Says Every Major Investment Bank Will Own Bitcoin or Something Like It
Coin Desk - 7 Nov 2020 18:17
Following bitcoin purchases by MicroStrategy and Square, Miller said every major investment bank and high net worth firm will eventually have exposure to bitcoin or commodities like gold.
4 on-chain metrics suggest Bitcoin price rally may not stop at $16,000
Coin Telegraph - 7 Nov 2020 17:40
Bitcoin price is defending the $15,000 support and on-chain data signal that the rally may continue beyond $16,000.
How a Massive Devaluation of the Egyptian Pound Inspired a $100M Bitcoin ETP
Coin Desk - 7 Nov 2020 16:00
Hany Rashwan, CEO of Amun/21Shares, explains how the proverbial bitcoin lightbulb went off when his native Egypt's currency devalued in 2016.
Yearnify Finance (YFY) Bringing Value To Decentralized Finance Ecosystem - Token Pre-Sale Is Live
Bitcoin.com - 7 Nov 2020 14:00
Yearnify Finance is considered as one of the most innovative sources of passive income by most of the investors. It has drawn attention due to its potential high returns and extreme security majors. What is Yearnify Fina...
Watch Decentralized Insurance As Another Emerging DeFi Trend
Crypto News - 7 Nov 2020 14:00
Source: Adobe/H_Ko Decentralized finance (DeFi) is about more than just lending and borrowing. While platforms such as Maker (MKR) and Compound (COMP) account for the lion's share of the total value locked (TVL) into the...
Most 'organic' Bitcoin pump in years -- trader explains why a blow-off top is unlikely
Coin Telegraph - 7 Nov 2020 13:03
Bitcoin on-chain analyst Willy Woo sees three reasons why a blow-off top is unlikely to happen anytime soon for BTC price.
Elections, Votes, Polls, Choices and 20 Crypto Jokes
Crypto News - 7 Nov 2020 13:00
A new crypto month started, and we learned that bitcoin and litecoin won October, while bitcoin mining difficulty saw its second-largest drop as soon as November begun. As nearly USD 1bn in bitcoin got moved, it turned o...
Quadriga CX Trustee Raises $30 Million for Reimbursements to Creditors, Claimants Want $171 Million Instead
Bitcoin.com - 7 Nov 2020 10:30
The trustee of the now-defunct crypto exchange, Quadriga CX says the sell-off of the platform’s assets raised $30 million. This contrasts with the $171 million in claims that has been filed with the trustee by Quadriga...
Japanese 'Smart City' May Look to Use Blokchain Voting Solution
Crypto News - 7 Nov 2020 05:00
Hitachi Seaside Park in Ibaraki Prefecture. The Japanese blockchain firm LayerX has said it is "working with local governments" on possible blockchain voting solutions - as the country continues to look for IT-powered wa...
Bull flag breakout will decide whether Bitcoin price goes to $16K or $14K
Coin Telegraph - 7 Nov 2020 00:22
Bitcoin's bull flag will determine whether bears push the price to $14K or if bulls finally take the $16K mark.
IMCoin Revolutionizes The Market With a New Concept: Hybridcoin
Crypto News - 7 Nov 2020 00:00
Disclaimer: The text below is a press release that was not written by Cryptonews.com. The objective of IMCoin is to be the first Hybridcoin on the market, giving its holders the possibility of having an asset backed with...