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Wednesday, December 16, 2020

CryptoCurrency News: Bitcoin Sailing in Uncharted Waters as Price Crosses $22K for First Time



Bitcoin is heading north having blown past two price hurdles to reach another record all-time high.

via CoinDesk

CryptoCurrency News: Coinbase CEO Pens Words of Caution to Crypto Newcomers



Brian Armstrong has provided sobering words to new entrants of cryptocurrency.

via CoinDesk

CryptoCurrency News: Lil Yachty Collectible Fetches $16K in Latest String of High-Profile NFT Auctions



The lucky winner is “westcoastbill” – a user who appears to have sniped Tyler Winklevoss by $50 at the last minute.

via CoinDesk

CryptoCurrency News: Bitcoin Mining Stocks Soar as BTC Blows Past $20,000



Share prices for publicly traded bitcoin mining companies are climbing as the leading cryptocurrency sliced through $20,000 Wednesday.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Dec. 16, 2020



With BTC breaking $20K for the first time and the Fed announcing yet another change to monetary policy, CoinDesk’s Market’s Daily is back with another crypto news roundup.

via CoinDesk

CryptoCurrency News: Bitcoin Scam Ads Using Unauthorized Celebrity Images Traced to Moscow: Report



A Guardian Australia investigation traced the source of a major crypto scam using Google ads to addresses in Moscow.

via CoinDesk

CryptoCurrency News: Why $20,000 Bitcoin Matters



Validation. Psychology. FOMO. NLW looks at why today’s price achievement marks a turning point in bitcoin’s history.

via CoinDesk

CryptoCurrency News: Why You Should or Shouldn’t Fire Your Financial Adviser Over Bitcoin



On this special holiday episode of "On Purpose," host Tyrone Ross breaks down his viewpoint on the abuse financial advisers are receiving for missing the boat on bitcoin.

via CoinDesk

CryptoCurrency News: First Mover: Stimulus Tests Bitcoin in Real-Time, and It Passes $20K



Bitcoin has climbed as more big investors said it might serve as a hedge against inflation. On Wednesday prices crossed $20K for the first time.

via CoinDesk

CryptoCurrency News: CME Announces Ether Futures Contracts



The Chicago Mercantile Exchange (CME) announced Wednesday that it will launch a futures contract on ether, the world's second-largest cryptocurrency by market value, in February 2021.

via CoinDesk

CryptoCurrency News: OKCoin Debuts CeFi-DeFi Mashup With Portal for Stablecoin Deposits



OKCoin is allowing users to invest in decentralized finance (DeFi) applications through its site without paying gas fees.

via CoinDesk

CryptoCurrency News: Experiments in Crypto’s Governance Lab



Governance is one of the least appreciated fields of innovation in crypto and this year we saw exciting new ideas emerge.

via CoinDesk

CryptoCurrency News: French Fashion Brand Adds Blockchain Tracking to Clothes Made From Ocean Plastic



True Tribe is using the Ethereum-based SUKU protocol to track the provenance of clothing made from recycled ocean trash.

via CoinDesk

CryptoCurrency News: Kraken Exchange Will Integrate Bitcoin’s Lightning Network in 2021



The Kraken Exchange will be implementing Bitcoin’s Lightning Network in 2021, and it’s begun hiring a team to manage the feature.

via CoinDesk

CryptoCurrency News: Bitcoin Hits Record Above $20K as Analysts Remain Confident of Future



Bitcoin has risen above $20,000 to reach the highest point in its 12 year history.

via CoinDesk

CryptoCurrency News: Robinhood Faces Legal Action from US Regulator Over ‘Aggressive Marketing’: WSJ



The Massachusetts Securities Division reportedly wants Robinhood to better protect its inexperienced traders.

via CoinDesk

CryptoCurrency News: Ruffer Investment Confirms Massive Bitcoin Buy of $744M



UK-based Ruffer confirmed the size of its tremendous bitcoin investment from November in an email to CoinDesk Wednesday.

via CoinDesk

CryptoCurrency News: Crypto Is a Low-Risk, High-Reward Career Move These Days



Betting your career on crypto is dangerous now we have billion dollar businesses and people like Paul Tudor Jones have endorsed Bitcoin.

via CoinDesk

CryptoCurrency News: Fintech Company Launches Platform to Assist in Central Bank Digital Currency Development



Fintech company EMTECH is launching a compliance platform that helps central banks tackle compliance issues or safely test their central bank digital currencies.

via CoinDesk

CryptoCurrency News: Valid Points: The Four Keys to Unlocking Ethereum 2.0, Explained



Staking services on Ethereum 2.0 come in two flavors: custodial and noncustodial. Their difference comes down to who's holding what keys.

via CoinDesk

CryptoCurrency News: Germany Legalizes Electronic Securities on the Blockchain



Angela Merkel's cabinet passed new legislation on Wednesday removing the requirement to have paper-based securities and allowing blockchain to be used instead.

via CoinDesk

CryptoCurrency News: Bitcoin Hits 2-Week High Above $19.7K



Bitcoin has jumped to its highest since setting an all-time high on Dec. 1.

via CoinDesk

CryptoCurrency News: Centra Tech Co-Founder Handed Prison Term for $25M Crypto Fraud



The cryptocurrency firm had falsely claimed to have an impressive executive team, as well as 38 state money transmitter licenses.

via CoinDesk

CryptoCurrency News: UK FCA Grants Crypto Firms Temporary Registration as It Deals With Applications Backlog



There had been fears in the industry that crypto firms might be left in no man's land as the FCA deadline looked set to pass with many applications still waiting to be processed.

via CoinDesk

CryptoCurrency News: Polychain, Foxconn’s Jack Lee Join 8-Figure Round for ‘Open Finance’ Project Findora



The round, said to be in the in the "tens of millions," was led by cryptocurrency venture capital firm Polychain Capital.

via CoinDesk

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