It appears that more people are reading about Bitcoin these days. A new book on Bitcoin (BTC) has catapulted into the top-3 on Amazon’s macroeconomics bestseller list, offering more evidence that digital assets are piquing peoples’ interest. Released on Dec. 2, 2020, “Bitcoin: Hard Money You Can’t F*ck With: Why bitcoin will be the next […]
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Some stablecoins are more useful than others. This is the latest issue of Finance Redefined, Cointelegraph’s DeFi-centric newsletter delivered to subscribers every Wednesday. A relatively quiet week in DeFi finally has given me some breathing room to talk about a subject I’ve been postponing since almost the beginning of this newsletter, namely: What’s up with […]
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Over the course of his 18-month term, Tarbert has been a consistent advocate for principles-based regulation of crypto. In a Dec. 10 public statement, Chairman Heath Tarbert announced that he will be leaving the Commodity Futures Trading Commission early next year. In listing accomplishments over the course of his term, Tarbert included that: “we have […]
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Most major DeFi tokens will be available for trading on Eos. Eosfinex, the Bitfinex-backed non-custodial exchange running on the Eos (EOS) network, announced the listing of more than 15 ERC-20 tokens, primarily consisting of governance tokens of major DeFi protocols on Ethereum. The listing is made possible by a collaboration with pNetwork, a crypto asset […]
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France is preparing new frameworks to prevent anonymity in crypto. French financial authorities are strengthening the country’s cryptocurrency regulations in a move to prevent illicit activities like money laundering and terrorism financing. On Dec. 9, several ministries in France jointly introduced an order aiming to prevent anonymous digital asset transactions by banning anonymous crypto accounts. […]
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Singapore’s stock exchange SGX will also have a stake in the platform. After anticipating its plans in October, DBS, Singapore’s largest bank, is establishing a new cryptocurrency exchange division called DBS Digital Exchange. Announced on Thursday, the venture is also backed by SGX, Singapore’s largest derivatives and asset exchange, which owns a 10% stake in […]
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The crypto industry and regulators need time to collaborate on better regulations. Jeremy Allaire, CEO and co-founder of peer-to-peer payments firm Circle, sent a letter to senior staff of the United States Department of the Treasury on Dec. 9, appealing for regulators to collaborate with the industry in adopting crypto regulations. Allaire warned U.S. regulators […]
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Regulators around the globe are increasingly turning hostile to the social media behemoth. The United States Federal Trade Commission has filed a lawsuit against Facebook, Inc., where it alleges that the corporation has been engaging in anti-competitive practices ever since acquiring a dominant global position at the turn of the 2010s. According to public case […]
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The Bitcoin Miners’ Position Index achieved a three-year high, indicating that miners are likely in a selling mood. Bitcoin (BTC) miners appear to be selling large amounts of BTC once again. Data from CryptoQuant shows that the BTC Miners’ Position Index — a metric tracking the ratio of BTC leaving miners’ wallets — achieved a […]
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Bitcoin’s market cap to thermocap ratio is primed to repeat bullish behavior, analysis from Stack Funds says. Bitcoin (BTC) investors have “not long” to accumulate before a continuation of the bull run past $20,000, a new report says. Released on Dec. 10, the Weekly Report from Asian crypto fund provider Stack Funds predicts that one […]
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