Strategic investor Lyn Alden says the 2020 macroeconomic environment is extremely favorable to Bitcoin. Strategic investor Lyn Alden believes Bitcoin’s growing network effect coupled with favorable macroeconomic factors may bring its market capitalization to $1 trillion in the next few years. Back in 2017, Alden was skeptical toward Bitcoin (BTC), as the network effect of […]
Continue Reading
Could Digital Currency Group be the first major crypto company to go public? What would an initial public offering for Digital Currency Group, or DCG, look like? Analysts at digital analytics firm Messari believe they have the answer. In a newly published report, researcher Jack Purdy lays out a theoretical initial public offering for DCG. […]
Continue Reading
Data shows Bitcoin spot volume reached a 2020 high as retail and institutional interest surged. Bitcoin (BTC) has had a great November so far and many analysts believe the future remains bright for the top-ranked cryptocurrency. Currently sitting at $16,000 the price has surged by 23% since the start of the month, rallying mostly after […]
Continue Reading
Customers will be able to trade up to $20,000 a week, rather than the originally announced $10,000. On Thursday, PayPal’s crypto trading and payments went live for all eligible customers in the United States. Per its updated announcement, PayPal ended its waitlist for customers looking to use cryptocurrency in the U.S. Trading features a limit of […]
Continue Reading
Eligible residents of North Carolina can now register to use the Binance.US digital asset marketplace. The United States arm of major crypto exchange Binance is making its services available to North Carolina residents. Binance.US opened registration to U.S. users in September 2019, but excluded the residents of 13 states due to local laws. It has […]
Continue Reading
Bitcoin price is undoubtedly in a bull market hitting $16,000 for the first time in years, but a correction may be in order as euphoria is setting in. Bitcoin (BTC) is still showing strength with multiple attempts to break through $16,000 on Nov. 12. A new yearly high was established throughout the day with BTC […]
Continue Reading
The Ministry of Finance is proposing harsh prison sentences for crypto holders, but what about shadow exchanges and darknet criminals? Russia’s vast oversight of cryptocurrency transactions appears to have one crucial blindspot: There doesn’t seem to be any liability for criminals who use digital assets to conduct illegal transactions. On Thursday, Russia’s Ministry of Finance […]
Continue Reading
Chinese crypto miners migrate seasonally from the southern regions in search of cheaper electricity. But is it always due to the climate? The behavior of crypto market participants often depends on political and economic factors: the price of crypto assets, regulations in a specific country, or political events. For Chinese miners, however, the factors differ […]
Continue Reading
Token reward airdrops hope to “nudge” car users into more sustainable behaviors. Artificial intelligence specialists Fetch.ai, and blockchain solutions provider Datarella have announced the launch of a “Smart City” infrastructure trial in Munich, Germany, on Nov. 12. The trial will be centered around the Connex Buildings business center in the city and will use a multi-agent […]
Continue Reading
Comparisons with 2017 seem to be ill-advised for now. This week definitely feels calmer, more positive than the last. And there’s good reason to be optimistic for DeFi bulls too, as the market posted a decent recovery since my last newsletter. People are calling it a “blue chip” rally, which means that it’s household names […]
Continue Reading