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Friday, November 20, 2020

CryptoCurrency News: US Regulator Seeks End to Bank Deplatforming of ‘Disfavored’ Industries (Like Crypto)



Call it the CPR for Operation Choke Point.

via CoinDesk

CryptoCurrency News: Bitcoin Miner Riot Blockchain Ends Week Up 50% After Tapping Two-Year Highs



Shares of the mining company surged to $6.60 Friday.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Hits $18.8K as Total Crypto Locked in DeFi Passes $14B



Bitcoin is testing $19,000 as DeFi hits another milestone in total crypto locked.

via CoinDesk

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: First Mover: Bitcoin ‘Rich List’ Grows as Whales HODL and Price Retakes $18K



Bitcoin's "rich list" hits an all-time high alongside the meteoric price rally.

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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