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Showing posts from January, 2021

Thanks Bitcoin, MicroStrategy stock is up 113% since being downgraded by Citigroup

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MSTR stock has surged by roughly 113% since Dec. 8 when it was downgraded by a Citigroup analyst. from Cointelegraph.com News https://ift.tt/3aijava

Ripple Formally Responds to SEC Allegations — Claims SEC Picking Winners and Losers, Distorting Facts About XRP

news, bitcoin,

Decentralized identity is the way to fighting data and privacy theft

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In the digitizing world, identity is everything and blockchain is to make it safe for everyone: users, businesses and governments. from Cointelegraph.com News https://ift.tt/3tggKGi

Bitcoin ‘ascendant’ as GameStop saga unfolds, Bitfinex CTO says

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The GameStop short squeeze and Bitcoin have a lot more in common than appears at the surface, according to Paolo Ardoino. from Cointelegraph.com News https://ift.tt/3alKrNq

Institutional demand for crypto isn’t subsiding, but impact will be gradual

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As another $2-trillion stimulus package looms in the U.S., institutions will continue to look at BTC as a hedge against inflation. from Cointelegraph.com News https://ift.tt/3tn4wf0

DeFi has to be improved by embracing its peer-to-peer aspect

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The time has come to make decentralized finance more P2P-oriented than it has been so far. from Cointelegraph.com News https://ift.tt/3tcTzMP

Visa CEO Says Payments Giant Set to Introduce Cryptocurrency Trading on Its Network

news, bitcoin,

How much is too much? Crypto art market brings together deep pockets and big artists

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In the future, owning unique art won’t be restricted to the elites, but will everyone have digital art on their walls? from Cointelegraph.com News https://ift.tt/3oIaT9f

Is the weakness of Bitcoin after the 'Elon Musk pump' hinting at a bull trap?

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Bitcoin is slowing down and weakening on-chain metrics are forcing traders to turn cautious in the short term. from Cointelegraph.com News https://ift.tt/39wb4zZ

Blockchain is not a panacea, but where needed, it’s the savior

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For managers, entrepreneurs and builders working with blockchain, performing a cost-benefit analysis of DLT implementations is crucial. from Cointelegraph.com News https://ift.tt/3pBhZ0r

DeFi is the future of banking that humanity deserves

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Public trust in banks and bankers never fully recovered after the Great Recession, and DeFi has ground to cover in this particular area. from Cointelegraph.com News https://ift.tt/2YwpNo8

Bitcoin Cash Transactions Intensify, Daily Count Nears BTC, Big Blocks Help Clear Throughput

news, bitcoin,

Uniswap (UNI) and Compound (COMP) hit new highs as DeFi TVL reaches $27.6B

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The governance tokens for Uniswap and Compound reached new 2021 highs as altcoins and DeFi tokens pushed higher today. from Cointelegraph.com News https://ift.tt/2MG8LkZ

World’s Largest Hedge Fund Bridgewater Has Crypto Plans — Founder Ray Dalio Calls Bitcoin ‘One Hell of an Invention’

news, bitcoin,

Fortnite founder says NFT tech “going places,” but currently “speculative mess”

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The founder behind the game studio that developed Fornite sees promise in NFTs, but says for now there's more speculation than substance. from Cointelegraph.com News https://ift.tt/3t9YgHl

Fidelity Optimistic About Bitcoin Regulation Under Biden Administration — Sees Strong Institutional Demand

news, bitcoin,

FTX Token (FTT) rallies 105% as interest in derivatives trading grows

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In the last 30 days, FTX Token rallied 105% as its exchange surpassed BitMEX and Deribit's open interest, but is there room for further upside? from Cointelegraph.com News https://ift.tt/3ckFQO6

GameStop mayhem, Robinhood scandal, Musk tweets, DOGE explodes: Hodler’s Digest, Jan. 24–30

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The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! from Cointelegraph.com News https://ift.tt/39xLgDJ

Pirate’s Treasure: How the World’s Leading Torrent Site Pirate Bay Amassed $4.5 Million in Bitcoin

news, bitcoin,

XRP price gains 86% after Wall Street Bets’ crypto wing says 'pump it'

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XRP price rallied 86% as members of a Reddit-based investing group shifted their focus from Dogecoin. from Cointelegraph.com News https://ift.tt/2MciIH0

Visa reaffirms commitment to crypto payments & fiat on-ramps

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The payments giant is bullish on stablecoins, but may be overlooking the potential of DeFi from Cointelegraph.com News https://ift.tt/36o3Yvd

Why the crypto world needs to build an Amazon of its own

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Amazon and eBay don’t appear to be in a hurry to start accepting crypto. Does the digital assets sector need to create a platform of its own? from Cointelegraph.com News https://ift.tt/3akN01Z

Traders, influencers lick their wounds after vicious Dogecoin dump

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A speculative wave is now receding, and more than one trader regrets the ride. from Cointelegraph.com News https://ift.tt/3iZRH5k

Crypto Fund Manager Charged in $5M Ponzi Scheme, Facing up to 30 Years in US Prison

news, bitcoin,

Bitcoin price chart shows 'Elon Musk' pump was an outlier — So what happens now?

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The price of Bitcoin has shown weakness after failing to clear $38,000 from Cointelegraph.com News https://ift.tt/36thhLb

Federal Court Rejects Motion Filed by Crypto Developer Virgil Griffith to Dismiss Charges on Aiding North Korea

news, bitcoin,

BTC billionaire Tim Draper to Elon Musk: I'd buy the Tesla Cybertruck with Bitcoin

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Tim Draper, the billionaire Bitcoin investor who is also an early investor in Tesla, reacted to Elon Musk's Bitcoin moment. from Cointelegraph.com News https://ift.tt/3px3JG0

To see eye-to-eye? Crypto industry should start embracing regulation

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Now it’s up to the crypto industry itself to start engaging with and accepting regulations. from Cointelegraph.com News https://ift.tt/3tbSfde

Regulatory sandbox and DeFi boom: How Spain pushed crypto adoption despite the pandemic

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A summary of the events that marked 2020 in the Spanish crypto space and opinions from different people of the industry who lived it from the inside. from Cointelegraph.com News https://ift.tt/2NGyKci

Run, blockchain, run! DeFi adoption needs faster block times

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Low-cost, low-latency and highly scalable blockchain infrastructure — that is what will lead crypto and DeFi to real mass adoption. from Cointelegraph.com News https://ift.tt/36nEz5a

Indian Parliament to Consider Bill That Creates Digital Rupee While Banning Cryptocurrencies in Current Session

news, bitcoin,

Risk it for the Bitcoin: Has BTC matured to be a safe investment play?

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Institutional investors have arrived at the cryptocurrency table, but does that mean that Bitcoin has now become a safe investment? from Cointelegraph.com News https://ift.tt/3ozp7ch

Ukraine to Set up a Large-Scale Crypto Mining Data Center in a Nuclear Power Plant

news, bitcoin,

Coinbase Opts out of IPO Routine, Chooses Popular Direct Listing Route

news, bitcoin,

Analyst says Bitcoin price sell-off may occur as Chinese New Year approaches

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Bitcoin is struggling to retake the $35,000 level as one analyst predicts miners will continue selling BTC ahead of the Chinese New Year holiday. from Cointelegraph.com News https://ift.tt/3iYvpB0

Bitcoin Miners Strain Under Semiconductor Supply Crunch, Second-Hand Mining Rig Prices Soar

news, bitcoin,

Elon Musk Changes Twitter Profile to Bitcoin, Tweets ‘It Was Inevitable’ — BTC Price Skyrockets

news, bitcoin,

Dogecoin withdrawals get complicated during parabolic price increase

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Some big-name exchanges have suspended DOGE withdrawals as the token sees unprecedented interest. from Cointelegraph.com News https://ift.tt/3cmMzHh

WallStreetBets Coin becomes #1 on CoinMarketCap... kind of

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The new coin suddenly appeared at the top of CoinMarketCap's rankings, but is WallStreetBets really coming to crypto? from Cointelegraph.com News https://ift.tt/3aiBGU6

YFX.Com – DEX That Offers 100x Trading Leverage on Perpetual Contracts

news, bitcoin,

Google reportedly scraps thousands of negative Robinhood reviews

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Google removed over 120,000 of negative Robinhood reviews citing violations related to rating manipulation, the firm reportedly said. from Cointelegraph.com News https://ift.tt/39vpxfD

Dutch Bitcoin Exchange Files Preliminary Injunction to Suspend Wallet Verification Rule Enacted by the Netherlands

news, bitcoin,

Elon Musk adds Bitcoin to Twitter bio with 43.7M followers

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Some of Musk's 43 million followers might have noticed, after Bitcoin rallied nearly 14% in the 30 minutes following his bio update. from Cointelegraph.com News https://ift.tt/3airr2p

Bitcoin soars by $5K in minutes — BTC hits $38K after Elon Musk's 'Dogecoin treatment'

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BTC/USD was already tipped to gain from the knock-on effect of both Musk and crazy stock trading this week, but so far has only reached $38,000. from Cointelegraph.com News https://ift.tt/3r1NalH

Stablecoin holdings on crypto exchanges hit a new all-time high

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Stablecoins like Tether are flooding crypto exchanges again, potentially pointing at another upward move on crypto markets. from Cointelegraph.com News https://ift.tt/3t3DKrM

Dogecoin ranks among top 10 crypto assets for first time since 2015

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Dogecoin is ranked among the top 10 cryptocurrencies for the first time since 2015 after a meteoric pump believed to have been orchestrated by a Reddit group. from Cointelegraph.com News https://ift.tt/3ckNhVn

International Operation Disrupts Ransomware Group Netwalker by Tracing Cryptos With the Help of Blockchain Analysis

news, bitcoin,

Crypto in the Philippines: Necessity is the mother of adoption

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"People are just like, 'Whoa, mind blown — this is going to save me half a day because I don't have to go all the way to the bank during business hours and take three journeys on public transport and then wait in line for an hour ... I could do this on my phone.’” from Cointelegraph.com News https://ift.tt/2YoK5zZ

Hundreds of thousands watch as AOC takes on Robinhood on Twitch

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AOC and guests explored the conditions that led to the GameStop short squeeze and the ramifications of the institutional response to it. from Cointelegraph.com News https://ift.tt/3ptrTBh

Grayscale is buying BTC 54% faster than it is mined so far in 2021

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Grayscale is continuing its BTC accumulation spree, snapping up more than 40,000 BTC in just 16 days. from Cointelegraph.com News https://ift.tt/3qVfAhc

Monstercat dance label sells $180K of musical NFTs in two minutes

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Major EDM record label Monstercat sees NFTs as a new way to provide alternative revenue streams. from Cointelegraph.com News https://ift.tt/3t3ksTo

BIS Chief Banker Criticizes Bitcoin as Inherently Risky, Says BTC Vulnerable to 51% Attack

news, bitcoin,

Statera – a Global Deflationary Asset

news, bitcoin,

SushiSwap is eating into Uniswap’s market share following Yearn merger

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Since merging into the Yearn ecosystem, the sometimes controversial decentralized exchange SushiSwap has been consistently eating into Uniswap’s dominance of the sector. from Cointelegraph.com News https://ift.tt/2NG99QJ

Study: 60% of Digital Asset Holders Store Funds on Exchanges While Half Derive an Income From Crypto

news, bitcoin,

Crypto crime dropped 57% in 2020 but DeFi hacks surged: CipherTrace

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Crypto crime rates are dropping despite a massive increase in attacks targeting the DeFi sector, reports security firm CipherTrace. from Cointelegraph.com News https://ift.tt/3ahJ5D8

LuaSwap using TomoChain for backend transactions

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Automated token exchanger LuaSwap is cutting costs by employing a second-layer alternative to transacting on the heavily crowded Ethereum mainnet. from Cointelegraph.com News https://ift.tt/36mblDr

A Look at Facebook’s Diem Wallet- Token Sale Accepts 3 Cryptos, Strict KYC, Hefty Data Collection

news, bitcoin,

Ethereum dev must face jury for allegedly helping North Korea evade sanctions

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Virgil Griffith, a crypto developer accused of helping North Korea evade sanctions through speaking at a Pyongyang crypto conference in 2019, must now face a jury. from Cointelegraph.com News https://ift.tt/3iWdHhy

DeFi liquidity pools, explained

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Liquidity pools offer passive income opportunities to investors — but how do they work? from Cointelegraph.com News https://ift.tt/3pvKRaq

Bitcoin Inflows in Past 30 Days Exceed BTC’s Total Market Cap in 2017 and 2019, Says Report

news, bitcoin,

ALPHA surges 152% in one week: What's behind its meteoric rally?

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ALPHA, the governance token of the Alpha Finance Lab and Alpha Homora ecosystem, is now the 85th biggest token in the market. from Cointelegraph.com News https://ift.tt/3cdO3Ue

SBI Holdings and SMFG to launch digital securities exchange in 2022

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The upcoming digital stock exchange is expected to be the first Japanese exchange to trade digital securities using blockchain technology. from Cointelegraph.com News https://ift.tt/3pwbhss

Grayscale prepares for DeFi future with new cryptocurrency trust filings

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The world's largest cryptocurrency asset management firm could be set to dip its toes into DeFi after filing five new coin trust registrations. from Cointelegraph.com News https://ift.tt/3afiqaf

RSK users won’t have to pay transaction fees with new integration

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IOVLabs wants to improve on Ethereum's meta-transaction adoption. from Cointelegraph.com News https://ift.tt/3cktfKz

Finance Redefined: What can you do about those gas fees? Jan. 20–27

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Fees are a DeFi user’s nightmare. How can you pay less? from Cointelegraph.com News https://ift.tt/3cjXkKg

Analyst: Chinese New Year could drive Bitcoin selling pressure

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Stack Funds’ analysis suggests that Bitcoin’s floor price has yet to be found as the Chinese New Year approaches. from Cointelegraph.com News https://ift.tt/3adrGeS

Central banks must play ‘pivotal role’ in digital money, says BIS exec

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An exec at the Bank for International Settlements wants central banks to helm the evolution of digital money. from Cointelegraph.com News https://ift.tt/2Ykmdxd

Why a trader says Bitcoin is short-term bearish despite holding $30K

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Bitcoin is short-term bearish, traders say, as the options market hints at consolidation. from Cointelegraph.com News https://ift.tt/2Ym4FRv

Network-Attached Storage (NAS) Devices Infected by Bitcoin-Mining Malware

news, bitcoin,

Reddit partners with Ethereum Foundation to boost scaling and resources

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The social media network says the aim of the partnership is to bring Ethereum to "Reddit-scale" production. from Cointelegraph.com News https://ift.tt/3cfG7lm

Dogecoin to 1 dollar? Reddit turns to DOGE after GameStop surges 1,600% in 2 weeks

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Dogecoin may have a long way to go to hit $1, but the stock market may not be in the mood to doubt the power of r/Wallstreetbets. from Cointelegraph.com News https://ift.tt/3olUdUx