CryptoCurrency News: Market Wrap: Bitcoin Loses Steam at $15.9K; Over 600K ETH Yanked From DeFi

Bitcoin’s price was close to $16,000 Friday but lost momentum while ether locked in DeFi is on a downward trend.

via CoinDesk

CryptoCurrency News: California’s Prop. 24 Could Be a ‘Silver Lining’ for Crypto Exchanges Looking to Comply With GDPR

Chair of the Prop. 24 advisory board and crypto advocate, Andrew Yang, thinks it could set a new bar for data privacy rights across the U.S.

via CoinDesk

CryptoCurrency News: How the World Stopped Producing Enough Money, Feat. Emil Kalinowski

In a year when the popular narrative says money printing went crazy, the host of “Making Sense/Eurodollar University” says the problem is actually too little money.

via CoinDesk

CryptoCurrency News: Figure Technologies Applies for US National Bank Charter

A charter would give the fintech national clearance for its blockchain-based financial services.

via CoinDesk

CryptoCurrency News: Spot Markets, Not Leverage, Fuel Bitcoin’s Price Rally Amid Mild Derivative Liquidations

Derivatives' role in bitcoin's rally is "muted" this time, said one trader.

via CoinDesk

CryptoCurrency News: Canada Tax Collector Seeks to Force Crypto Exchange Coinsquare to Fork Over Client Records

The demand mimics a play tax enforcers at the IRS deployed against Coinbase.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Buterin’s Stake, Google’s Bitcoin Searches, Square’s Bustling BTC Business

Cash App generated over $1 billion in bitcoin revenues in Q3. Though, Google search data shows little "FOMO" amid the current market bull run.

via CoinDesk

CryptoCurrency News: Money Reimagined: Crypto-Informed Ideas for the Future of Government

The latest column from CoinDesk's chief content officer features big ideas for rethinking government in the internet age.

via CoinDesk

CryptoCurrency News: Hive Blockchain Buys, Deploys 1,240 Bitcoin Mining Machines, Nearly Doubling Hash Power

The Vancouver firm is targeting 1,000 PH/s in the next 12 months.

via CoinDesk

CryptoCurrency News: Coronavirus Driving Interest in CBDCs, Say Central Bank Chiefs

Central banks meeting in Russia said the coronavirus pandemic is a driving force behind growing interest in national digital currencies.

via CoinDesk

CryptoCurrency News: To Stake or No? That’s the Eth 2.0 Question

Pioneers in staking face a tough choice between securing Ethereum 2.0 and the opportunity costs of freezing their assets.

via CoinDesk

CryptoCurrency News: Licensed Swiss Crypto Bank Launches Tezos Trading and Staking

Sygnum Bank now offers trading and staking of Tezos, its first listing of a proof-of-stake cryptocurrency.

via CoinDesk

CryptoCurrency News: First Mover: Resistance Is Futile as Bitcoin Breaches $15K, Crypto Gets Greedy

As bitcoin surges, bullish analysts (and greedy traders) see few stopping points before prices challenge the all-time-high near $20K.

via CoinDesk

CryptoCurrency News: Vitalik Buterin Sends $1.4M of Ether in Preparation for Ethereum 2.0 Staking

Stakes are growing as the next iteration of the blockchain network, Ethereum 2.0, launches in just weeks.

via CoinDesk

CryptoCurrency News: As Bitcoin Surges, Google Searches Suggest Little FOMO Among Retail Investors

Web search data suggests popular interest in bitcoin remains at normal levels, despite a sharp price rally to near $16,000.

via CoinDesk

CryptoCurrency News: Financial Advisors, Bitcoin Is the Next Amazon

Bitcoin still has its fair share of doubters. So did Amazon at one time.

via CoinDesk

CryptoCurrency News: South Korean Crypto Firms Must Disclose Users’ Identities Under Planned Law Change

South Korea's top financial watchdog wants legal changes making it mandatory for cryptocurrency firms to report the names of customers.

via CoinDesk

CryptoCurrency News: Sygnum Bank Now Stores Digital Assets With Taurus Group

Taurus Group has taken on licensed Swiss bank Sygnum as the latest client for its digital asset custody services.

via CoinDesk