Bitcoin’s surge to $23,800 triggered strong rallies in large-cap altcoins like Litecoin and Dogecoin. Litecoin (LTC) and Dogecoin (DOGE) are rallying strongly as Bitcoin (BTC) fights to stay above $23,800. Many analysts say the surge in large-cap altcoins is directly connected to Bitcoin’s price action and historical data shows the two tend to move in tandem […]
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Future crypto guidelines remain uncertain, however. Regulatory activity has surfaced on many levels in crypto this year. Government agencies have provided clarity and executed enforcement and discussed new actions. Such regulation has widely impacted the industry, in part affecting big players entering the sector, according to METACO’s vice-president of sales and business development, Seamus Donoghue. “Regulatory barriers […]
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“There is a distinct possibility that we may see some days of 250% gains, or even more.” In a newsletter released today, the Quantum Economics founder said Bitcoin’s recent rally past $23,000 — a gain of roughly 29% in a week — didn’t necessarily mean the market was “overheating” and heading for a crash like […]
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With Janet Yellen the presumptive Treasury Secretary, Biden’s potential nominations to the U.S. regulatory apparatus will be critical. The crypto lobby seems to be cautiously optimistic about Biden’s potential picks to lead the U.S.’s regulatory environment. That is, at least, according to a Thursday discussion hosted by TRM labs, featuring the executive directors of the […]
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“A DAO is merely a formalizing of very deep and instinctive human bonds that I think have been suppressed.” One morning in July of 2019, Kain Warwick awoke at 6:30 to a grim phone call from his co-founder and CTO, Justin Moses. We have a problem, said Moses. Synthetix, the synthetic asset protocol that Warwick, […]
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A research firm’s head recently claimed Bitcoin’s capped supply could be changed. Bitcoin’s (BTC) price rise has brought all sorts of comments out of the woodwork. Although many carry a bullish tint, some folks still doubt crypto as a new store of value class. David Rosenberg, the chief economist and strategist, as well as president, […]
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“No matter how much BTC fans want to pretend that it’s a hedge against doomsday scenarios, it is not.” The billionaire who once said that bananas are a better medium of exchange than Bitcoin is doubling down on his views that the crypto asset is more of a collectible rather than a reliable financial asset. […]
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The working group sends a strong signal that cryptocurrencies are becoming a permanent fixture in the global financial system. The World Economic Forum’s cryptocurrency working group published its inaugural review on Thursday — its first step in communicating the application of digital assets in finance and beyond. In a 38-page report, the Forum’s Global Future […]
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Improving fundamentals and fresh product rollouts are attracting new investors to Kusama, Decred and Qtum. Since breaking through the critical psychological resistance at $20,000, Bitcoin (BTC) price has moved even higher. In the early trading hours, the top-ranked digital asset pushed as high as $23,800 before pulling back to $23,000 but the trend of investors purchasing […]
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Another institutional financier has come out with a bold Bitcoin prediction. Bitcoin’s (BTC) parabolic rally is only just getting started, according to Nigel Green, founder and CEO of the Dubai-based financial advisory firm deVere Group. In an article that was published to Newsmax on Thursday, Green boldly proclaimed that Bitcoin will have another “record-breaking year” […]
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