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Friday, November 20, 2020
CryptoCurrency News: Central Bankers, Experts Outline Possible Scenarios for CBDC Adoption
Central bank digital currencies can have broad implications for the global balance of power, experts say.
via CoinDesk
CryptoCurrency News: 10 Metrics Where Bitcoin Has Already Hit New All-Time Highs
While we haven’t achieved the elusive $20,000 spot price all-time high yet, these other metrics show where bitcoin has grown far beyond previous peaks.
via CoinDesk
CryptoCurrency News: US Government Enlists USDC for ‘Global Foreign Policy Objective’ in Venezuela: Circle CEO
The U.S. government is sending USDC payments to Venezuela using Circle and Airtm to bypass Nicolas Maduro, the nation's dictator.
via CoinDesk
CryptoCurrency News: Chainalysis Sees Raising $100M in Venture Capital at $1B Valuation: Report
Cryptocurrency investigation firm Chainalysis expects to raise $100 million venture capital at a $1 billion valuation as early as next week, the company told Forbes.
via CoinDesk
CryptoCurrency News: MicroStrategy Wants to Be in the Bitcoin Business, Not Just an Investor
MicroStrategy executives are on the hunt for blockchain experts who could help the publicly traded firm build a suite of bitcoin data services.
via CoinDesk
CryptoCurrency News: Blockchain Bites: BlockRock Exec Says Bitcoin Is ‘Here to Stay,’ Investors Load Into BTC Puts
Institutional buyers are loading up on BTC puts, Deribit analysts say. Goldman Sachs thinks the “digital yuan” could be in a billion hands in a decade.
via CoinDesk
CryptoCurrency News: Bitcoin Is the Biggest Big Short
Short-sellers help identify weaknesses in capital markets. Bitcoin helps us see what's wrong with the financial system.
via CoinDesk
CryptoCurrency News: German Finance Minister Says He Does Not Support Private Cryptos: Report
Olaf Scholz said banks need to adapt for a digital world but seemed to rule out private digital currencies from that future.
via CoinDesk
CryptoCurrency News: BlackRock’s Chief Investment Officer Says Bitcoin Could Replace Gold to a Large Extent
Rick Rieder, CIO of Fixed Income at investment giant BlackRock, told CNBC that bitcoin and cryptocurrency are "here to stay."
via CoinDesk
CryptoCurrency News: Y Combinator, Pantera Back $3M Investment in New Crypto Derivatives Exchange
Globe goes live Friday with the announcement of $3 million in funding from the likes of Pantera Capital, Y Combinator, Tim Draper and others.
via CoinDesk
CryptoCurrency News: US Firm Launches Company-Sponsored Bitcoin Retirement Plans
Digital Asset Investment Management says its new retirement plans can help savers beat inflation.
via CoinDesk
CryptoCurrency News: Players Prefer Cashing Out in Bitcoin Amid Rally, Says Online Poker Giant
Winning Poker Network said it's having to buy more bitcoin than ever to satisfy payout demand from players.
via CoinDesk
CryptoCurrency News: Morgan Creek CEO Says Bitcoin Doing ‘Extremely Well’ Due to Fed Reserve’s Dollar Devaluation
CEO Mark Yusko said "zombie companies" left the Fed no choice but to devalue the dollar, prompting investors to turn to bitcoin and gold.
via CoinDesk
CryptoCurrency News: Star Xu Surfaces From Detention as OKEx’s Mystery Key Holder Also Returns
Xu's temporary detention and subsequent release closely coincides with the period that OKEx's unnamed key holder also became unavailable.
via CoinDesk
CryptoCurrency News: Ether Trades Above $500 for the First Time Since July 2018
Ethereum's native token ether has jumped to 28-month highs, taking year-to-date gains to nearly 290%.
via CoinDesk
CryptoCurrency News: Japan’s Banking Giant MUFG Plans to Launch Blockchain Payment Network in 2021
Japanese banking giant MUFG plans to launch its blockchain payment network across the country in 2021 with U.S.-based fintech company Akamai.
via CoinDesk
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