CryptoCurrency News: Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years

Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.

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CryptoCurrency News: US Is Debating Risk vs. Liability for New Crypto Tax Rules

Treasury department officials are wrangling with how to focus a coming set of crypto tax rules.

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CryptoCurrency News: Lightning Network’s New Liquidity Marketplace Attracts a ‘Surprising’ Mix of Individuals, Enterprises

Lightning Labs’ new liquidity marketplace, Lightning Pool, has seen more early-stage growth than its creators expected.

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CryptoCurrency News: A Crypto Ally as Top US Bank Regulator?

President Trump has nominated former Coinbase counsel Brian Brooks to a full five-year term as Comptroller of the Currency, but will he be confirmed in time?

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CryptoCurrency News: Helium Wireless Network Approves New Hard Cap for HNT Token Emissions

Adding a token hard-cap and introducing "halvenings" will make HNT tokenomics easier to understand, say project contributors.

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CryptoCurrency News: Blockchain Bites: FATF Considers DeFi, Binance Sues and One Step to a BTC ETF

PLUS: Deutsche Bank analysts reportedly said customers increasingly prefer bitcoin over gold.

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CryptoCurrency News: Open Finance Is Better Than Broken Finance

Traditional financial services fail to meet the core needs of a global economy. DeFi is not perfect but it's for everyone.

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CryptoCurrency News: Bitcoin Options Investors Are Starting to Hedge Against Potential Price Pullback

The one-month implied volatility, which is influenced by the demand for call and put options, jumped from roughly 55% to a four-month high of 70.5% in the past two days, suggesting increased expectations for price turbulence over the next four weeks.

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CryptoCurrency News: SEC Grants Digital Avatar Firm IMVU Permission to Sell Crypto Tokens

The SEC has granted permission to digital avatar firm IMVU to sell its Ethereum-based VCOIN digital currency, though with some restrictions.

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CryptoCurrency News: Majority of Bitcoin Hashrate Signals Support for Taproot Scaling, Privacy Upgrade

Over 50% of Bitcoin's hashrate now supports the "uncontroversial" upgrade.

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CryptoCurrency News: First Mover: What China Crackdown Means for $18K Bitcoin as Dimon Passes on ‘Tea’

Fewer new bitcoin may be hitting the market because miners in China can't sell their bitcoins due to a crackdown by their government.

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CryptoCurrency News: SEC’s Clayton Says Payment Inefficiencies Are Boosting Bitcoin’s Rise

Clayton sounded more bullish on bitcoin than he's been in years in his Thursday interview with CNBC

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CryptoCurrency News: DEX Aggregator Rebrands to Slingshot After Raising $3.1M From Coinbase Ventures, Others

Slingshot exists in an increasingly crowded field of DEX aggregators including 1inch, ParaSwap, Matcha and even MetaMask.

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CryptoCurrency News: NFT Game Axie Infinity Raises $860K in Governance Token Sale

A new game mode will also be launching on the platform in early 2021, where players can own pieces of land and farm governance tokens.

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CryptoCurrency News: Gemini Exchange Is Using ClearBank for UK Banking Services

Gemini announced it was expanding into the United Kingdom in late September.

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CryptoCurrency News: OKEx Exchange Says Crypto Withdrawals to Restart by Next Friday

"The private key holder has now returned to his normal business functions," the exchange said in a notice Thursday.

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CryptoCurrency News: Irish Man Gets 3 Years in Prison for Stealing $2.5M in Crypto Through SIM Hacks

The man was part of a criminal group that compromised crypto accounts with assistance from contacts at mobile operators.

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CryptoCurrency News: Deutsche Bank Says Investors Increasingly Prefer Bitcoin Over Gold as Inflation Hedge

The Deutsche Bank analyst's comments are another sign of bitcoin's increasing acceptance in the mainstream of finance.

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CryptoCurrency News: 30 Japan Firms to Collaborate on Private Digital Yen: Reuters

A group of Japanese companies plans to develop and test a private digital currency that would work alongside cash.

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CryptoCurrency News: Solidus Labs Believes Its Crypto Surveillance Tool Can Help Launch a Bitcoin ETF

Solidus Labs believes its new surveillance tool can help regulators maintain confidence in crypto markets, potentially leading to the approval of a bitcoin ETF.

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