Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency. Senior officials at the Bank of Russia have come out against the issuance of private stablecoins pegged to the Russian ruble. Sergei Shvetsov, a first deputy governor of the Russian central bank, said that the bank aims to ban […]
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Samson Mow, chief strategy officer at Blockstream, says Bitcoin was never about “transactions per second and coffee,” but about value and a “new financial paradigm.” Blockstream’s Samson Mow wants to move the conversation away from Bitcoin (BTC)’s transaction per second performance and toward its role in ushering in “a new financial paradigm” i.e. serving as […]
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BTC/USD is more likely to reach $300,000 in a year’s time, the popular analyst says, thanks to an “amplified bullish feedback loop.” Bitcoin (BTC) hitting $300,000 in just one year’s time is “not out of the question,” popular statistician Willy Woo says. In a series of tweets on Dec. 1, Woo stated that he has […]
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Bitcoin is becoming an increasingly “institutional asset,” according to NYDIG’s CEO. New York Digital Investment Group has raised $150 million through two separate cryptocurrency investment funds, according to documents filed with the United States Securities and Exchange Commission on Nov. 24 and Dec. 1. The NYDIG Digital Assets Fund I raised $50 million, with the […]
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The market sentiment around Bitcoin is currently mixed, but one fund manager argues that BTC may soon see a new multi-month rally. The market sentiment around Bitcoin (BTC) is mixed as BTC price dropped almost immediately by 10% right after hitting its previous all-time high at $19,892 on Dec. 1. Nevertheless, some analysts and fund managers […]
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Ethereum developer Danny Ryan’s new proposal would unlock 80% of withdrawal use cases and allow decentralized staking service Rocket Pool to launch within months. Withdrawal contracts for Ether staked on Ethereum 2.0 could become available as early as Q1 2021 allowing decentralized Eth2 staking service Rocket Pool to launch. While Phase 0 of Eth2’s roll-out […]
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Aussie exchange BTC Markets has revealed the full name and email addresses of all of its customers in a marketing email blast. Major Australian cryptocurrency exchange BTC Markets accidentally exposed the full name and email addresses of all of its customers in a marketing email sent to each affected individual on Dec. 1. The emails […]
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NFT-powered racing game F1 Delta Time has auctioned off a segment of an in-game track for $222,000. A segment of a race track in F1 Delta Time, a non-fungible token-powered motorsports game from Animoca Brands, has been auctioned off for more than 9 million of the company’s REVV tokens, worth approximately $222,000. Animoca says it’s […]
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Mainstream news agencies are beginning to provide positive coverage of Bitcoin, acknowledging its proper significance as an asset as the US dollar nosedives. The U.S. Dollar Index fell sharply today, extending a 10 month losing streak that places it at the lowest point since April 2018. International news agency Reuters marked the occasion with a […]
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Forbes new list of 600 up and coming entrepreneurs aged below 30 features 10 representatives from the crypto and blockchain sectors. Ten of the youthful business leaders featured in this year’s Forbes’ 30 Under 30 list work in blockchain and cryptocurrency, highlighting increasing acceptance of the industry from the mainstream media. Despite its name, the […]
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