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Cryptocurrency News

Location American Cryptocurrency News for 19 November 2020
South Korean Government Has Plans to Nurture Blockchain Unicorns Source: Adobe/s_lena A South Korean minister has talked about the government's intention of fostering "blockchain unicorns" as part of its medium-term strategy to boost growth and mitigate the devastating effects the cor...
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Deutsche Bank Strategist Bullish on Bitcoin, But JPMorgan Boss Still Unmoved Jamie Dimon. A Deutsche Bank strategist has expressed another hopeful-sounding sentiment about bitcoin (BTC) - but it looks as though not everyone in the conventional financial world has been sold on the crypto dream, wi...
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UK's CBDC Could Facilitate Negative Interest Rates - Bank of England Should the Bank of England decide to issue a widely used central bank digital currency (CBDC), the move could help the country's economy to benefit from negative interest rates, according to Andy Haldane, the central ban...
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Survey of millionaires finds 73% own or want to invest in crypto The number of millionaires wanting to buy cryptocurrencies is on the rise, with a new survey indicating that 73% want to own digital assets before the end of 2022.
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Monaker Group, which builds booking platforms for the travel industry, is venturing into tokenized assets with the indirect acquisition of Thailand’s Longroot initial coin offering (ICO) portal. The Nasdaq traded compa...
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Bitcoin's price pulled off the bull road for a rest stop Thursday while ether holders pull out of DeFi.
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Coinflex Launches Noncustodial Interest-Bearing Stablecoin on BCH and ETH Networks The cryptocurrency exchange Coinflex has announced the launch of a unique interest-bearing stablecoin called Flexusd. The new stablecoin is considered to be the first dollar-backed crypto that pays interest at the base l...
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Warning: Physical Cash Will Be Mostly Gone by the End of the Decade Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings...
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The Complete Case for $100K Bitcoin

Coin Desk - 19 Nov 2020 22:46
It's conceivable. Here are the scenarios where a $100,000 bitcoin valuation might begin to become feasible.
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Lightning Labs' new liquidity marketplace, Lightning Pool, has seen more early-stage growth than its creators expected.
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Take Your Privacy Back This Black Friday with CyberGhost VPN The text below is an advertorial article. If you're already a proponent of using a VPN to protect yourself while browsing, you'll love these news: popular VPN provider CyberGhost is offering an incredible, limited-time d...
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A Crypto Ally as Top US Bank Regulator?

Coin Desk - 19 Nov 2020 22:00
President Trump has nominated former Coinbase counsel Brian Brooks to a full five-year term as Comptroller of the Currency, but will he be confirmed in time?
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Bitcoin rally set to continue after BTC whales build buy walls near $17.2K Data show Bitcoin whales have set large buy orders in the $17,000 to $17,200 zone in order to protect the current BTC rally.
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Adding a token hard-cap and introducing "halvenings" will make HNT tokenomics easier to understand, say project contributors.
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PLUS: Deutsche Bank analysts reportedly said customers increasingly prefer bitcoin over gold.
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Open Finance Is Better Than Broken Finance

Coin Desk - 19 Nov 2020 20:05
Traditional financial services fail to meet the core needs of a global economy. DeFi is not perfect but it's for everyone.
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Bloomberg's McGlone thinks Bitcoin could hit $170K over the next two years Bitcoin could hit all-time high prices then consolidate like gold, according to the analyst.
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Millionaires FOMO: 73% Will Own Bitcoin by 2022, Survey Hundreds of millionaires have revealed in a new survey that they have either already invested in bitcoin or are planning to invest in the cryptocurrency in the next couple of years. Millionaires Don’t Want to Miss Out ...
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The one-month implied volatility, which is influenced by the demand for call and put options, jumped from roughly 55% to a four-month high of 70.5% in the past two days, suggesting increased expectations for price turbul...
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SEC Chairman On What Drives Bitcoin, Poker Players Cry For BTC + More News SEC Chairman Jay Clayton. Source: Twitter, @SEC_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. Crypto adoption...
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The SEC has granted permission to digital avatar firm IMVU to sell its Ethereum-based VCOIN digital currency, though with some restrictions.
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Over 50% of Bitcoin's hashrate now supports the "uncontroversial" upgrade.
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