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Monday, November 30, 2020

CryptoCurrency News: BitMEX Parent Names Höptner as New CEO



Höptner comes from Börse Stuttgart GmbH and Euwax AG, where he has been CEO since 2018.

via CoinDesk

CryptoCurrency News: Bitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, Gemini



Upstart crypto exchange LVL wants to take on U.S. giants by removing trading fees. The move comes as bitcoin touches new all-time highs.

via CoinDesk

CryptoCurrency News: Crypto Version of ‘Giving Tuesday’ Returns With 10X as Many Charities



While only 12 non-profits had signed up for the event last year, crypto donations platform The Giving Block said that over 120 such organizations will be taking part in this year.

via CoinDesk

CryptoCurrency News: Coinbase Reports Delays in Processing Bitcoin Withdrawals Due to Network Congestion



Leading cryptocurrency exchange Coinbase, on a day when the price bitcoin surpassed its all-time high, said it’s experiencing delays processing BTC withdrawals due to Bitcoin network congestion. Story is developing and will be updated when more information is known.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin All-Time High Tops Out at $19,850 as Ether Options Market Goes Mega-Bullish



A combination of volume, derivatives action and infrastructure improvements led bitcoin’s price to go where it hasn’t gone before. Ether is looking supremely bullish, too.

via CoinDesk

CryptoCurrency News: Riot, Marathon, Canaan See Record Monthly Share Gains as Bitcoin Clears All-Time High



Mining companies are soaring as bitcoin hits record highs.

via CoinDesk

CryptoCurrency News: Bitcoin’s All-Time High Price Rally Is Sustainable. Analysts Explain Why



After bitcoin's price hit its previous all-time high in 2017, it fell. Analysts explain why the latest rally will be different.

via CoinDesk

CryptoCurrency News: 5 Reasons Why Bitcoin Just Hit an All-Time High Price



Growing investor interest, central bank money printing and PayPal's entree helped push bitcoin prices above their previous December 2017 record.

via CoinDesk

CryptoCurrency News: Bitcoin Trading Fees on PayPal, Robinhood, Cash App and Coinbase: What to Know



With bitcoin’s price hitting a new all-time high on Monday, retail investors will inevitably want to get in on the original crypto asset.

via CoinDesk

CryptoCurrency News: Stablecoins ‘Pose Serious Risks’ to Financial Security, ECB’s Lagarde Says



Stablecoins could "threaten financial security" if widely adopted, the ECB head said in a magazine interview.

via CoinDesk

CryptoCurrency News: Bitcoin Hits a New All-Time High: What Happens Next?



Why a price surge is not only attracting a new cadre of institutional investors, but also producing the beginnings of a new set of FUD.

via CoinDesk

CryptoCurrency News: US Justice Department Extradites Alleged Co-Founder of Crypto Ponzi Scheme From Panama



The accused, Gutemberg Dos Santos, has been charged in an indictment and was extradited from Panama on Nov. 25.

via CoinDesk

CryptoCurrency News: Canaan Reports $12M Q3 Loss, Says There’s ‘Rebounding Demand’ for Mining Machines



Mining hardware manufacturer Canaan Creative reported a Q3 net loss of $12.7 million, or 54 cents per share, more than quadruple the size of Q2’s $2.38 million loss, or 10 cents per share.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Bitcoin All-Time High Puts It on Pace for Highest Monthly Close



PLUS: Anonymous developers have forked a seemingly dead project to launch DeFi’s latest stablecoin.

via CoinDesk

CryptoCurrency News: Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios



The research arm of the New York-based asset manager now recommends bitcoin as part of an investment portfolio.

via CoinDesk

CryptoCurrency News: Bitcoin Price Sets New Record High Above $19,783



After nearly three years of waiting, bitcoin investors can celebrate the cryptocurrency reaching a new record high.

via CoinDesk

CryptoCurrency News: First Mover: You Call That a Record? Bitcoin’s November Gains Are 3x Stock Market’s



It's no longer really news when bitcoin outperforms traditional markets, but November could prove a crucial month for the largest cryptocurrency. 

via CoinDesk

CryptoCurrency News: Coronavirus-Induced Poverty Will Bring More Bitcoin Crime in 2021: Kaspersky Report



The cybersecurity specialist foresees a rise in crypto crime ahead in 2021 as the COVID-19 epidemic hits national economies.

via CoinDesk

CryptoCurrency News: Despite 12% Crash, Bitcoin Looks Set to Make Highest Monthly Close Ever



A record monthly close could be a harbinger of more profound price gains to come, according to analysts.

via CoinDesk

CryptoCurrency News: Bolivian Cattle Ranch Will Be Tokenized to Open Up Business to Investors



The token is being claimed as the first blockchain-based financial instrument in Switzerland to hold an International Securities Identification Number.

via CoinDesk

CryptoCurrency News: Ethereum Classic Activates Thanos Upgrade, Increasing Access for GPU Miners



The Thanos upgrade is aimed to allow more miner participation and thus increase security.

via CoinDesk

CryptoCurrency News: Pizza Hut Venezuela Now Accepts Crypto Payments



The Venezuelan arm of the restaurant chain now accepts dash and bitcoin through CryptoBuyer.

via CoinDesk

Sunday, November 29, 2020

CryptoCurrency News: ‘Basis Cash’ Launch Brings Defunct Stablecoin Into the DeFi Era



With Basis Cash, a team of anonymous developers is making what might be called a fork of a project that never launched.

via CoinDesk

CryptoCurrency News: Crypto Long & Short: How Bitcoin Development Is Evolving – and What’s Behind It



Bitcoin price spikes grab headlines, but the asset's long-term value depends on its developers – and what drives them.

via CoinDesk

CryptoCurrency News: Bilateral Saudi, UAE Digital Currency Experiment Shows Benefits of Distributed Ledgers, Central Banks Say



A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”

via CoinDesk

CryptoCurrency News: How Bitcoin Gets to $100,000



Another look at the bitcoin valuation models that could possibly lead to a six-figure bitcoin valuation over the course of the next year.

via CoinDesk

Saturday, November 28, 2020

CryptoCurrency News: Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC



The Guggenheim Macro Opportunities Fund will now be able to invest up to 10% of its net asset value in the Grayscale Bitcoin Trust.

via CoinDesk

CryptoCurrency News: Yearn Merges With Cover, DeFi Protocol’s 4th Deal in a Week



Yearn is “joining forces” with market coverage provider Cover, capping a busy week for the decentralized finance (DeFi) protocol.,

via CoinDesk

CryptoCurrency News: What Janet Yellen as Treasury Secretary Means for Bitcoin and Markets



NLW looks at price action in crypto, the ETH 2.0 Beacon chain launching Dec 1, the Dow at 30,000 and Janet Yellen’s nomination as Treasury secretary.

via CoinDesk

Friday, November 27, 2020

CryptoCurrency News: Ripple Is Cashing Out a Third of Its Stake in Surging MoneyGram



It is its first such sale of MoneyGram stock since the startup invested in the remittance giant in 2019.

via CoinDesk

CryptoCurrency News: Curve Finance Votes to Disperse $3M in Fees to Governance Token Holders



The community vote was an exercise in decentralized governance for a protocol not unfamiliar with meeting community demands.

via CoinDesk

CryptoCurrency News: Bitcoin’s Carnivore Cult Is Both Stupid and Correct



Do Bitcoin fans gravitate toward steak so often because they view themselves as cowboys, or because they’re just health-conscious?

via CoinDesk

CryptoCurrency News: NYT Reveals Claims of ‘Racist or Discriminatory’ Treatment of Employees at Coinbase



The NYT critique of Coinbase’s internal diversity policies quotes former employees who complain of “racist or discriminatory” treatment.

via CoinDesk

CryptoCurrency News: ENCORE: Luke Gromen on the History and (Declining) Future of the Global Dollar System



As some start to wonder about a post-Bretton Woods economic system, macro analyst Luke Gromen explains how that post-World War II system came to be.

via CoinDesk

CryptoCurrency News: Crypto Custodian Copper Aims to Bridge Gap Between DeFi and Traditional Finance With New Tool



The new tool, CopperConnect, covers the "DeFi lifecycle" as an asset moves from custody to smart contract and back.

via CoinDesk

CryptoCurrency News: Industry Pros Weigh In on Rumors of New Crypto Wallet Regulations



From shorter consultations to insider comments, recent rumors about U.S. regulation of private crypto wallets have some compelling context.

via CoinDesk

CryptoCurrency News: Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal



Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.

via CoinDesk

CryptoCurrency News: Canada-Listed Investment Firm Sells All Its Ether, Monero to Buy More Bitcoin



Cypherpunk Holdings says it financed additional bitcoin purchases with the "full liquidation" of positions in monero and ether.

via CoinDesk

CryptoCurrency News: Huobi-Branded Crypto Exchange Launches for Malaysian Market



Huobi Labuan said it's been licensed in Malaysia for a nine-month trial period of cryptocurrency spot and derivatives trading services.

via CoinDesk

CryptoCurrency News: Quick Bitcoin Price Recovery Looks in Doubt as Whales Move Coins Onto Exchanges



"Whales are transferring bitcoin to exchanges. The cryptocurrency may trade in a sideways-to-negative manner," said one analyst.

via CoinDesk

CryptoCurrency News: Chinese Authorities Have Seized a Massive $4 Billion in Crypto From PlusToken Scam



Cryptocurrencies worth billions of dollars have been seized during the police crackdown on the PlusToken Ponzi scheme in China.

via CoinDesk

CryptoCurrency News: Crypto Exchange Upbit Brings in Withdrawal Delay in Bid to Tackle Fraudsters



The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks.

via CoinDesk

CryptoCurrency News: China’s Xi Asks ASEAN Nations to Join in Building of ‘Digital Silk Road’



Xi Jinping pushed for digitally enhanced trade among Southeast Asian nations in a keynote at the China-ASEAN Expo on Friday.

via CoinDesk

Thursday, November 26, 2020

CryptoCurrency News: Facebook-Led Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report



Libra might eventually get off the ground as early as January albeit in a more limited format.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Ethereum 2.0 Deposit Contract Fully Loaded, IRS Sends Befuddling Letters – Again



More than 500,000 ETH have been locked into Ethereum 2.0's deposit contract, kick-starting the network's major, multi-year development phase.

via CoinDesk

CryptoCurrency News: Cypherpunk, Crypto Anarchy and How Bitcoin Lost the Narrative



The crypto industry tends to give "cypherpunk" vibes a great deal of lip service without much attention to their real values.

via CoinDesk

CryptoCurrency News: XRP Price Surges to 2-Year High as Airdrop Frenzy Builds



The December airdrop of 45 billion spark tokens may be fueling XRP's rapid climb to two-year highs, say analysts.

via CoinDesk

CryptoCurrency News: XRP Rises More Than 30% as Altcoins Piggyback on Bitcoin’s Wave



The native asset of the XRP ledger has surged to 16-month highs.

via CoinDesk

CryptoCurrency News: Previously Unpublished Emails of Satoshi Nakamoto Present a New Puzzle



The emails between Satoshi and Hal Finney come from Bitcoin’s earliest days. They show how closely the cryptocurrency’s creator collaborated with early supporters at the time.

via CoinDesk

CryptoCurrency News: Schmuck Insurance



A reading of one of the most enduring early investor arguments for bitcoin.

via CoinDesk

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