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Cryptocurrency News

Location American Cryptocurrency News for 2 December 2020
Ripple's XRP sees explosive 1,151% trading volume spike in November XRP saw a 1,151% surge in trading volume as its price nearly tripled last month.
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Ukraine's parliament has approved the first version of a draft cryptocurrency bill, bringing regulation of the industry a step closer.
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As bitcoin set a new price high closer to $20,000 on Tuesday, the network also saw record-breaking user activity.
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Bitcoin moves $500K around the globe every second, says Samson Mow Samson Mow, chief strategy officer at Blockstream, says Bitcoin was never about "transactions per second and coffee," but about value and a "new financial paradigm."
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Chinese State Media: Ignore Bitcoin Hype, Stay on the Blockchain Path China's state-run press agency Xinhuanet has published a short piece urging citizens in the country to ignore the hype of surging bitcoin (BTC) prices - and instead keep faith in the state's pro-blockchain policies. In t...
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Russia's Biggest Bank Sberbank Unveils Crypto Plans to Follow Upcoming Regulation The largest bank in Russia, the state-owned Sberbank, has reportedly unveiled its crypto plans as the country is set to begin regulating the industry in January. Sberbank’s CEO says the bank may issue its own cryptocur...
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Bitcoin's price is seeing little action while the ether options market is betting on a much lower valuation for the asset in 2021.
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Broccoli and Bitcoin, a holiday love story

Coin Telegraph - 2 Dec 2020 23:13
Broccoli and Bitcoin, a holiday love story From the minds that brought you cheese with holes in it comes this year's weirdest ad campaign.
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Canadian Restaurant Sends a Bitcoin Message To SMEs Source: Twitter/@TheRealTahinis While more big companies and investors are turning into bitcoin (BTC) in search for a reserve asset and hedge against inflation, one Canadian small business shows that it might help smalle...
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One of finance's most colorful personalities joins NLW to discuss how advisers spend their money, Robinhood traders, bitcoin and more.
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Who said "safe haven"? Bitcoin's unique performance and risk profile make it a different type of investment animal.
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Visa, Blockfi Launching Credit Card With Bitcoin Rewards -- Get BTC Back on All Transactions Blockfi has unveiled a credit card with bitcoin rewards in collaboration with Visa. This is “the first credit card that lets you earn bitcoin back with every purchase,” Blockfi detailed. Visa Credit Card Offering Cas...
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Price analysis 12/2: BTC, ETH, XRP, LTC, BCH, LINK, DOT, ADA, BNB, XLM Bitcoin reclaimed the $19,000 level, but charts suggest BTC and altcoins may consolidate for a few days before starting the next trending move.
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Multi-utility tokens to enable Web 3.0 by providing more than financial value The benefits of utility tokens could soon stretch beyond payment facilitation and governance capabilities.
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There are now more active bitcoin users than ever before, as CEOs of both PayPal and BlackRock think about the future of finance.
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CoinDesk marks its seventh Most Influential list with two CoinDesk Live events Dec. 7-8.
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Institutional investors won't save crypto, but they will help it grow Institutional players are coming to the crypto ecosystem, but how will they impact the industry? Will they boost it or collapse it?
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PayPal CEO Sees 'The Entire World' Going 'Digital First' + 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. Crypto adoption news PayPal CEO Dan Schulman said the use of digital...
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What Is Sharding?

Coin Desk - 2 Dec 2020 18:40
"Sharding" is a proposed method of splitting Ethereum's infrastructure into smaller pieces in an attempt to scale the network.
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Onchain Researchers Suspect Chinese Government Sold Plustoken's Billion-Dollar Bitcoin Hoard Last Year A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized...
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Rogue developers seem to have rug-pulled their own project, Compounder Finance, netting some $10.8 million in funds from the project's investors.
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CryptoGo + CryptX = Efficient, Effective, Easy

Crypto News - 2 Dec 2020 18:10
CryptoGo + CryptX = Efficient, Effective, Easy Disclaimer: The text below is a press release that was not written by Cryptonews.com. Simple and secure CryptX is now the wallet of choice on CryptoGo, one of Asia's self-developed cryptocurrency kiosks. Partnering Crypt...
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