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Wednesday, December 16, 2020
CryptoCurrency News: Bitcoin Sailing in Uncharted Waters as Price Crosses $22K for First Time
Bitcoin is heading north having blown past two price hurdles to reach another record all-time high.
via CoinDesk
CryptoCurrency News: Lil Yachty Collectible Fetches $16K in Latest String of High-Profile NFT Auctions
The lucky winner is “westcoastbill” – a user who appears to have sniped Tyler Winklevoss by $50 at the last minute.
via CoinDesk
CryptoCurrency News: Bitcoin Mining Stocks Soar as BTC Blows Past $20,000
Share prices for publicly traded bitcoin mining companies are climbing as the leading cryptocurrency sliced through $20,000 Wednesday.
via CoinDesk
CryptoCurrency News: Bitcoin News Roundup for Dec. 16, 2020
With BTC breaking $20K for the first time and the Fed announcing yet another change to monetary policy, CoinDesk’s Market’s Daily is back with another crypto news roundup.
via CoinDesk
CryptoCurrency News: Bitcoin Scam Ads Using Unauthorized Celebrity Images Traced to Moscow: Report
A Guardian Australia investigation traced the source of a major crypto scam using Google ads to addresses in Moscow.
via CoinDesk
CryptoCurrency News: Why $20,000 Bitcoin Matters
Validation. Psychology. FOMO. NLW looks at why today’s price achievement marks a turning point in bitcoin’s history.
via CoinDesk
CryptoCurrency News: Why You Should or Shouldn’t Fire Your Financial Adviser Over Bitcoin
On this special holiday episode of "On Purpose," host Tyrone Ross breaks down his viewpoint on the abuse financial advisers are receiving for missing the boat on bitcoin.
via CoinDesk
CryptoCurrency News: First Mover: Stimulus Tests Bitcoin in Real-Time, and It Passes $20K
Bitcoin has climbed as more big investors said it might serve as a hedge against inflation. On Wednesday prices crossed $20K for the first time.
via CoinDesk
CryptoCurrency News: CME Announces Ether Futures Contracts
The Chicago Mercantile Exchange (CME) announced Wednesday that it will launch a futures contract on ether, the world's second-largest cryptocurrency by market value, in February 2021.
via CoinDesk
CryptoCurrency News: OKCoin Debuts CeFi-DeFi Mashup With Portal for Stablecoin Deposits
OKCoin is allowing users to invest in decentralized finance (DeFi) applications through its site without paying gas fees.
via CoinDesk
CryptoCurrency News: Experiments in Crypto’s Governance Lab
Governance is one of the least appreciated fields of innovation in crypto and this year we saw exciting new ideas emerge.
via CoinDesk
CryptoCurrency News: French Fashion Brand Adds Blockchain Tracking to Clothes Made From Ocean Plastic
True Tribe is using the Ethereum-based SUKU protocol to track the provenance of clothing made from recycled ocean trash.
via CoinDesk
CryptoCurrency News: Kraken Exchange Will Integrate Bitcoin’s Lightning Network in 2021
The Kraken Exchange will be implementing Bitcoin’s Lightning Network in 2021, and it’s begun hiring a team to manage the feature.
via CoinDesk
CryptoCurrency News: Robinhood Faces Legal Action from US Regulator Over ‘Aggressive Marketing’: WSJ
The Massachusetts Securities Division reportedly wants Robinhood to better protect its inexperienced traders.
via CoinDesk
CryptoCurrency News: Ruffer Investment Confirms Massive Bitcoin Buy of $744M
UK-based Ruffer confirmed the size of its tremendous bitcoin investment from November in an email to CoinDesk Wednesday.
via CoinDesk
CryptoCurrency News: Crypto Is a Low-Risk, High-Reward Career Move These Days
Betting your career on crypto is dangerous now we have billion dollar businesses and people like Paul Tudor Jones have endorsed Bitcoin.
via CoinDesk
CryptoCurrency News: Fintech Company Launches Platform to Assist in Central Bank Digital Currency Development
Fintech company EMTECH is launching a compliance platform that helps central banks tackle compliance issues or safely test their central bank digital currencies.
via CoinDesk
CryptoCurrency News: Valid Points: The Four Keys to Unlocking Ethereum 2.0, Explained
Staking services on Ethereum 2.0 come in two flavors: custodial and noncustodial. Their difference comes down to who's holding what keys.
via CoinDesk
CryptoCurrency News: Germany Legalizes Electronic Securities on the Blockchain
Angela Merkel's cabinet passed new legislation on Wednesday removing the requirement to have paper-based securities and allowing blockchain to be used instead.
via CoinDesk
CryptoCurrency News: Centra Tech Co-Founder Handed Prison Term for $25M Crypto Fraud
The cryptocurrency firm had falsely claimed to have an impressive executive team, as well as 38 state money transmitter licenses.
via CoinDesk
CryptoCurrency News: UK FCA Grants Crypto Firms Temporary Registration as It Deals With Applications Backlog
There had been fears in the industry that crypto firms might be left in no man's land as the FCA deadline looked set to pass with many applications still waiting to be processed.
via CoinDesk
CryptoCurrency News: Polychain, Foxconn’s Jack Lee Join 8-Figure Round for ‘Open Finance’ Project Findora
The round, said to be in the in the "tens of millions," was led by cryptocurrency venture capital firm Polychain Capital.
via CoinDesk
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