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Cryptocurrency News

Location American Cryptocurrency News for 31 January 2021
Bitcoin Cash Transactions Intensify, Daily Count Nears BTC, Big Blocks Help Clear Throughput Just recently, the Bitcoin Cash community has been discussing the large number of transactions the network has been seeing on a daily basis during the last month. Statistics show that bitcoin cash daily transactions have...
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Global Uncertainty Drops But Is Still 50% Above Historical Average Hites Ahir is a senior research officer in the International Monetary Fund (IMF)'s Research Department. Nicholas (Nick) Bloom is a Professor of Economics at Stanford University, and a Co-Director of the Productivity, Inn...
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Fidelity Optimistic About Bitcoin Regulation Under Biden Administration -- Sees Strong Institutional Demand Fidelity Digital Assets President Tom Jessop has shared his view on the future of bitcoin and cryptocurrency regulation under the Biden administration. He confirms that Fidelity is seeing strong demand for bitcoin from i...
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World's Largest Hedge Fund Bridgewater Has Crypto Plans -- Founder Ray Dalio Calls Bitcoin 'One Hell of an Invention' The founder and chief investment officer of Bridgewater Associates, the world’s largest hedge fund firm, has clarified his view on bitcoin and cryptocurrency. Ray Dalio also reveals that he and his colleagues at Bridge...
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Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ATOM, COMP Bitcoin price fell back into the descending triangle but this dip may attract buyers to altcoins and DeFi tokens in the short term.
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Goldman and Interactive Brokers Execs Claim Wallstreetbets Trend Could 'Take Down the System' The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these sh...
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'When alt season?' eToro may have some answers

Coin Telegraph - 31 Jan 2021 22:00
'When alt season?' eToro may have some answers In 2020, holding the top 100 altcoins equally was a more lucrative investment than Bitcoin up until Dec. 18, according to eToro.
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ProBit Exchange Retains Its Grip on the IEO Space with Nearly USD 2 Million Raised The text below is an advertorial article that was not written by Cryptonews.com journalists. ProBit Exchange has once established itself as the pacesetter in the IEO space following several successful IEO including a mas...
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"Traditional Crypto-Pump groups are being copied and legitimized by WallStreetBets," Jehan Chu, co-founder and managing partner at Kenetic Capital, told CoinDesk.
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Thanks Bitcoin, MicroStrategy stock is up 113% since being downgraded by Citigroup MSTR stock has surged by roughly 113% since Dec. 8 when it was downgraded by a Citigroup analyst.
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Ripple Formally Responds to SEC Allegations -- Claims SEC Picking Winners and Losers, Distorting Facts About XRP Ripple Labs has officially responded to the complaint by the U.S. Securities and Exchange Commission (SEC). Besides explaining that the XRP cryptocurrency is not a security, Ripple accuses the securities regulator of bei...
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Bitcoin 'ascendant' as GameStop saga unfolds, Bitfinex CTO says The GameStop short squeeze and Bitcoin have a lot more in common than appears at the surface, according to Paolo Ardoino.
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Institutional demand for crypto isn't subsiding, but impact will be gradual As another $2-trillion stimulus package looms in the U.S., institutions will continue to look at BTC as a hedge against inflation.
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What Ray Dalio Really Thinks of Bitcoin

Coin Desk - 31 Jan 2021 16:00
A reading of Dalio's first long-form essay on his thoughts about bitcoin and cryptocurrencies.
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Visa CEO Says Payments Giant Set to Introduce Cryptocurrency Trading on Its Network Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to add cryptos...
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How much is too much? Crypto art market brings together deep pockets and big artists In the future, owning unique art won't be restricted to the elites, but will everyone have digital art on their walls?
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The Economics of the Poet Ezra Pound: What Is Money For? Ezra Pound in 1920. The American poet Ezra Pound was never short of things to say, especially with regard to economics. While his literary contributions are unmatched, his economic ideas were largely discarded by his con...
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Is the weakness of Bitcoin after the 'Elon Musk pump' hinting at a bull trap? Bitcoin is slowing down and weakening on-chain metrics are forcing traders to turn cautious in the short term.
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