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Monday, November 23, 2020
CryptoCurrency News: Eth 2.0 Deposit Contract Secures Enough Funds to Launch
The smart contract required for triggering Ethereum 2.0 has enough funds to begin activation of its most ambitious upgrade yet.
via CoinDesk
CryptoCurrency News: IRS Again Warns Crypto Investors They Under-Reported Gains
For the second year in a row, the IRS is telling crypto investors they under-reported crypto gains. But there may false alarms again.
via CoinDesk
CryptoCurrency News: Aquaculture Firm Completes Australia’s First IPO Raise Using Cryptocurrency
Almost 90% of West Coast Aquaculture's $3.6 million capital raise was via the stablecoin tether.
via CoinDesk
CryptoCurrency News: Ethereum 2.0 Deposit Contract Is 75% Funded Ahead of Dec. 1 Soft Launch
The smart contract required for triggering Ethereum 2.0 has nearly accrued enough funds to activate the momentous upgrade.
via CoinDesk
CryptoCurrency News: OKEx’s Withdrawal Suspension Isn’t Behind Bitcoin’s Rally: Analysts
Bitcoin’s price has been up dramatically since OKEx's crypto withdrawal service suspension, yet it's not behind the price rally.
via CoinDesk
CryptoCurrency News: Biden to Tap Former Fed Chair Janet Yellen as Treasury Secretary
Former Fed Chair Janet Yellen will be tapped to run the Treasury Department, where she will oversee federal agencies that impact crypto.
via CoinDesk
CryptoCurrency News: More Institutions Are Buying Bitcoin, Say JPMorgan Analysts
In their “Flows & Liquidity” report, JP Morgan analysts say institutions are piling into bitcoin at a stronger pace this quarter than they were in Q3 and may have a bigger role in price movement than quantitative traders.
via CoinDesk
CryptoCurrency News: A Bitcoin Shortage? PayPal and Cash App Buying More Than 100% of New Supply
When demand from these two sources alone exceeds the entire supply of newly minted bitcoins, expect serious supply pressure to follow.
via CoinDesk
CryptoCurrency News: Privacy, Power, Fiscal Policy, the Poor: 4 Reasons to Worry About CBDCs
As central banks everywhere gear up to launch digital currencies, it's time to consider the possible downsides.
via CoinDesk
CryptoCurrency News: New GnosisDao Bets on ‘Futarchy,’ a Prediction-Market Governance Model
The newly launched GnosisDAO will allow Gnosis users to vote on platform governance and development.
via CoinDesk
CryptoCurrency News: Blockchain Bites: XRP’s Rally, Chainalysis’ $1B Valuation, Bitcoin’s Volatility in Perspective
The U.S. government uses USDC to bypass Venezuelan blockades. Chainalaysis eyes a $100 million raise. BTC is less volatile than 22% of S&P500 stocks, VanEck finds.
via CoinDesk
CryptoCurrency News: First Mover: Near Record Highs, Bitcoin May Have a Volatile Week
Bitcoin prices are near all-time high, while its one-month implied volatility metric has jumped to four-month highs.
via CoinDesk
CryptoCurrency News: Latin America’s Big Blockchain Opportunity
Decentralizing the financial sector and putting trust in distributed ledgers means less reliance on the continent's corrupt intermediaries.
via CoinDesk
CryptoCurrency News: PayPal CEO Schulman Say He’s Bullish on Bitcoin as a Currency
Schulman spoke the fall of cash, the rise of bitcoin, and the institutional traders taking note.
via CoinDesk
CryptoCurrency News: Law Enforcement Agencies Are Missing Forked Cryptos in Criminal Seizures: Research
Blockchain analytics company Coinfirm said authorities are "ignoring" criminals' stockpiles of cryptocurrencies that forked from bitcoin.
via CoinDesk
CryptoCurrency News: Bitcoin Faces Volatility Rise as Futures Market Shows Signs of Overheating
The bitcoin perpetual futures "funding rate" has shot up, suggesting the market may be overleveraged to the bullish side.
via CoinDesk
CryptoCurrency News: CipherTrace Says Homeland Security Work Gave Rise to Monero-Tracking Patent Filings
CipherTrace has filed two patent applications it claims offer technologies that could help authorities in tracking monero transactions.
via CoinDesk
CryptoCurrency News: CipherTrace Says Homeland Security Work Gave Rise to Monero-Tracking Patent Filings
CipherTrace has filed two patent applications it claims offer technologies that could help authorities in tracking monero transactions.
via CoinDesk
CryptoCurrency News: China Construction Bank Pulls Planned Listing of Bitcoin-Tradable Bond
The "Big Four" Chinese bank has suspended the listing of a $3 billion bond issuance that was intended to be tradable for bitcoin and U.S. dollars.
via CoinDesk
CryptoCurrency News: John Lennon’s Son Says Bitcoin ‘Empowers’ People Like Never Before
Sean Ono Lennon praised bitcoin for its ability to help individuals transcend politics and world events.
via CoinDesk
CryptoCurrency News: China to Hold Second Lottery Trial of the Digital Yuan
A lottery in Suzhou will additionally trial the offline feature of the digital yuan, per a Monday report.
via CoinDesk
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