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Cryptocurrency News

Location American Cryptocurrency News for 7 January 2021

US Dollar Crashes To USD 40,000 per Bitcoin

Crypto News - 7 Jan 2021 20:15
US Dollar Crashes To USD 40,000 per Bitcoin Source: Adobe/Fox_Dsign It took 17 days for the most popular cryptocurrency, bitcoin (BTC), to jump from USD 20,000 to USD 30,000, and less than a week to hit USD 40,000. At the time of writing (18:16 UTC) it reached thi...
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The lending fintech agreed to merge with SPAC Social Capital Hedosophia.
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Bitcoin Price Touches the $37K Zone, Crypto Economy's Market Cap Hits $1 Trillion The price of bitcoin smashed through the last all-time high again jumping above the $37k zone to $37,400 per coin. The crypto asset’s market valuation is around $689 billion at the time of publication, as it has seen $...
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After getting in hot water with U.S. regulators last year, the exchange has rolled out mandatory verification for all users.
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PayPal Ventures, Coinbase Ventures and Winklevoss Capital invested an undisclosed amount in the firm.
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South Korean Software Behemoth Hancom Wades into DeFi Arena A group of South Korean companies, including a subsidiary belonging to the software giant Hancom is set to launch a DeFi (decentralized finance) project - marking a first for a collective of major companies for the natio...
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Cardano's market cap flips Bitcoin Cash (BCH) after ADA rallies by 100% In the past week, Cardano price surged by more than 100% and overtook Bitcoin Cash to become the sixth-largest cryptocurrency.
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The latest research report looks at data and timelines and what they mean for asset prices.
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Finally, a good reason to sell Bitcoin: Hodler liquidates to pay off parents' mortgage Bitcoin HODLers are divided on whether now was the best time to sell. But mom and dad...
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Altcoins and stocks move higher after Bitcoin price rally to $40,000 Bitcoin's move above $40,000 and the strong double-digit rallies of multiple altcoins prove bulls are running the show.
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Bitcoin's price crested an all-time high $40,000 mark while DeFi total value locked hits a new record on market fervor.
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Third Major South Korean Bank to Enter Crypto Custody Fray More mainstream South Korean financial companies are taking the crypto plunge, with Shinhan Bank, one of the biggest commercial banks in the country, making a move into the crypto custody industry with a strategic equity...
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Bull Run Democracy, Revisited

Coin Desk - 7 Jan 2021 22:59
In 2017, high-flying bitcoiners attempted to foment democracy in Venezuela by airdropping crypto and paper wallets. What did we learn from these experiments?
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'Bitcoin Rich List' broke its all-time high as bitcoin's price continues to rally.
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Eleven staffers of Aragon One and one from the Aragon Association have announced their resignations Thursday due to an apparent lack of financial transparency.
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Can Bitcoin Just Keep Going Up?

Coin Desk - 7 Jan 2021 22:20
With bitcoin (briefly) passing $40,000 for the first time, the question becomes: Can it keep going or is a reset necessary?
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Finland's customs agency plans to sell nearly 2,000 bitcoins agents seized in drug raids.
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What type of situation, if any, could crash Bitcoin? VC firm partner speculates Early pandemic concerns crashed Bitcoin in 2020. What else could cause a similar reaction?
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Hackers Are Using Three Fake Crypto-Related Apps to Drain Wallets While bitcoin (BTC) prices are increasing, crypto-related scams appear on the scene to take advantage of the situation. In this case, a security firm spotted three malicious crypto apps targeting users to steal their fun...
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Bullish crypto events of 2020 that will drive historic adoption These are 2020's most important events in crypto that will have a lasting effect on the adoption of blockchain and digital currencies.
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Investors can now trade Bitcoin futures without an expiry date EQUOS has introduced a Bitcoin perpetual futures contract, possibly setting the stage for wider professional adoption of digital assets.
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Wrapped Monero launches as exchanges crack down on privacy coins A wrapped version of the XMR privacy coin has launched on the Ethereum network.
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