Cryptocurrency News
'Gold Is Rare but Not Too Rare' - Bitcoin's Supply Limit Hinders Usefulness, Says Steve Forbes
Bitcoin.com - 9 Dec 2020 04:00
The American publishing executive, Steve Forbes, recently published a video concerning his thoughts on bitcoin and told viewers that the popular crypto asset is “not yet” the new gold. The business magazine’s edito...
Robinhood Hires Goldman Sachs to Lead Possible $20B+ IPO: Report
Coin Desk - 9 Dec 2020 02:55
Trading app Robinhood has chosen Goldman Sachs to lead the way for an initial stock offering, people familiar with the matter told Reuters.
'Absolutely Inevitable': Standard Chartered Bank CEO Sees Widespread Cryptocurrency Adoption
Bitcoin.com - 9 Dec 2020 22:40
Standard Chartered Bank CEO Bill Winters sees the adoption of digital currencies as “absolutely inevitable.” He says there is a role for both private digital currencies and state-backed ones. His bank subsequently an...
One of the World's Oldest Banks Is Issuing a Euro Stablecoin on Stellar
Coin Desk - 9 Dec 2020 15:17
Germany's Bankhaus von der Heydt is working with Bitbond for the first direct issuance of a stablecoin by a bank on Stellar, the firms said.
Gold Bug Frank Holmes Optimistic About BTC Prospects in 2021, Says Halving Cushioned Demand
Bitcoin.com - 9 Dec 2020 14:00
The well known gold bug, CEO and chief investment officer at U.S. Global Investors, Frank Holmes recently sat down for an interview and discussed his price predictions in regard to the 2021 value of gold. Holmes also sai...
$17K CME gap-fill looms after Bitcoin price closes below key moving average
Coin Telegraph - 9 Dec 2020 03:56
Bitcoin price ended its consolidation phase by closing below $18,300 but will traders buy the dip?
Man Gets 6 Years for $25M Diamond and Crypto Ponzi Scheme
Coin Desk - 9 Dec 2020 23:56
Jose Angel Aman, charged with operating the fraudulent investment scheme, was sentenced to serve six years in federal prison and pay over $23 million in victim restitution by a federal court in Florida.
Market Wrap: Bitcoin Recovers to $18.2K While Market Dynamics Juice DeFi Total Locked
Coin Desk - 9 Dec 2020 23:15
Bitcoin fell below $18,000 Wednesday while DeFi closing in on $15 billion locked may have more to do with price than actual cryptocurrency parked there.
Price analysis 12/9: BTC, ETH, XRP, LTC, BCH, LINK, DOT, ADA, BNB, XLM
Coin Telegraph - 9 Dec 2020 23:00
Bitcoin and several altcoins have recovered sharply from their intraday lows, a signal that there is healthy demand at lower levels.
Crypto Asset Manager NYDIG Hires Tech-Savvy Banker to Pitch Its Wares to Institutions
Coin Desk - 9 Dec 2020 22:35
Former Quontic Bank executive Patrick Sells will be responsible for developing NYDIG's white-labeled crypto services for banks.
France Declares War on Crypto Anonymity, Cites 'Terrorism' in KYC Mandate
Coin Desk - 9 Dec 2020 22:23
The French finance ministry is imposing sweeping KYC rules on all VASPs in the country.
Would the STABLE Act Make Running an Ethereum Node Illegal?
Coin Desk - 9 Dec 2020 22:20
The STABLE Act regulating the burgeoning stablecoin industry is misplaced and overly broad, says our columnist.
The Most Important Trends and People Shaping Crypto 2020, With Ryan Selkis
Coin Desk - 9 Dec 2020 22:00
The Messari CEO goes over the highlights of his just-released annual "Crypto Theses" report.
Bitcoin 'Making Progress' on Bid to Oust Dollar, Morgan Stanley Chief Global Strategist Says
Coin Desk - 9 Dec 2020 21:40
Bitcoin's success should force governments to grapple with falling public trust in fiat currencies.
Blockstack (STX) rallies 85% as fundamentals improve ahead of mainnet launch
Coin Telegraph - 9 Dec 2020 21:08
In the past month, Blockstack's STX token quietly rallied 85% as network fundamentals improved and a key mainnet launch approaches.
Mass Adoption of a Digital Euro Could Be a 'Clear Negative' for Europe's Banks: BofA
Coin Desk - 9 Dec 2020 21:04
A Bank of America report on a possible mass-adopted digital euro noted that such movement could spell difficulty for commercial banks that could see some of their deposits migrate to the European Central Bank.
Citigroup Downgrades Microstrategy to 'Sell' Rating Over 'Aggressive' Bitcoin Purchases
Bitcoin.com - 9 Dec 2020 20:30
Citigroup has downgraded the Nasdaq-listed, pro-bitcoin Microstrategy to a “sell” rating after the company announced that it would offer $400 million convertible senior notes to buy more bitcoin. Microstrategy curren...
Game recognize game: Institutions make it easier to invest in Bitcoin
Coin Telegraph - 9 Dec 2020 20:27
As Bitcoin's impressive run continues, it would not be surprising to see crypto FOMO reach institutional investors as well.
Messari Boss Names 10 Key Crypto Trends for 2021
Crypto News - 9 Dec 2020 20:25
Regulators could bite off more than they can chew if they choose to overplay their hand on crypto regulation, central banks will inadvertently drive up the value of crypto in 2021 and Ethereum (ETH) will remain the platf...
OKEx Bitcoin Mining Pool Shows Signs of Life After Precipitous Hashrate Drop
Coin Desk - 9 Dec 2020 19:58
The troubled bitcoin mining pool is up 181 PH/s from its 18 PH/s lows in November.
10 Predictions for 2021: China, Bitcoin, Taxes, Stablecoins and More
Coin Desk - 9 Dec 2020 19:45
2020 was an awful year for the world but a breakthrough one for crypto writ large. Here are 10 trends to watch for next year.
3 Bullish News For Bitcoin From Fidelity, JPMorgan & Microstrategy + More
Crypto News - 9 Dec 2020 19:42
Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. Bitcoin news Fidelity Digital Assets (FDA) will allow its institutio...