A crypto fund is buying up Bitcoin at a major discount in a high-risk, high-return game. What are the odds of outperforming BTC itself? Bitcoin has been one of the best-performing assets on the planet since its launch in 2009. The digital coin rose nearly 9 million percent in price between 2010 and 2019. Simply holding or […]
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High yields and frequent interest payments on Circle’s business accounts may be designed to compete with DeFi protocols Originally launched as an attractive alternative to traditional fiat business accounts for Internet-based ventures, the latest features for the Circle Business Account appear to take aim at a different kind of competitor: the decentralized finance (DeFi) ecosystem. […]
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Regulation can add value by strengthening the reputation of a marketplace and creating the conditions to unlock innovation and enhance it. Regulation is sometimes positioned as the enemy of innovation, an antagonistic force that reduces progress in the name of bureaucracy. However, when implemented sensitively and proportionately, regulation can strengthen a private sector’s reputation by […]
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Bitcoin price is defending the $15,000 support and on-chain data signal that the rally may continue beyond $16,000. After rejecting at $15,960 on Nov.6 Bitcoin (BTC) price has been defending the $15,000 support level with strength. Based on four on-chain data points, analysts believe the rally might continue beyond $16,000. Analysts have pinpointed lower Bitcoin […]
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Crypto and DeFi remain mostly a subculture in the world of global finance. What does the industry need to do to achieve real, mass adoption? Satoshi Natakmoto’s anonymity and powerful mining-incentive mechanism are key examples of what made Bitcoin (BTC) unique and led to its unparalleled success. But for truly democratized money and finance to […]
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Bitcoin on-chain analyst Willy Woo sees three reasons why a blow-off top is unlikely to happen anytime soon for BTC price. Despite Bitcoin’s (BTC) steep rally in November, the price is consolidating above $15,000 as on-chain analyst, Willy Woo says a blow-off top is unlikely for three main reasons. The three factors are the growing outflow of funds […]
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Optimistic blockchain predictions for next year may be accurate, but a lot of factors will have to fall into place. American market research company Forrester recently released its blockchain predictions for 2021. The report reveals interesting findings, noting that 2020 has been an important year for growth in the enterprise blockchain and distributed ledger technology […]
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Everyday investors in the Netherlands can now invest in crypto, thanks to company’s new registration. Crypto exchange BLOX received the go-ahead to operate in the Netherlands, making it the first platform to do so since the country implemented the European Union’s 5th Anti-Money Laundering Directive, or AMLD5. “BLOX is the first consumer-focused cryptocurrency company that […]
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Bitcoin’s bull flag will determine whether bears push the price to $14K or if bulls finally take the $16K mark. Bitcoin price (BTC) appears to be taking a short breather after reaching a new 2020 high at $15,960 on Nov. 5. The 1-hour and 4-hour timeframe show the price compressing within a flag and throughout […]
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Cash usage has declined in Norway since COVID-19, but physical currency also carries strengths that CBDCs may lack. Speaking at an event on Thursday, Ida Wolden Bache, deputy governor at Norway’s central bank, described a decline in cash payments while elaborating on Central Bank Digital Currencies, or CBDCs. “Only 4% of payments are now made […]
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