American entrepreneur and staunch crypto advocate, John McAfee, has argued for the importance of stablecoins for decentralized exchange adoption. American entrepreneur and staunch crypto advocate, John McAfee, has argued for the importance of stablecoins for decentralized exchange (DEX) adoption. McAfee made his argument in a tweet posted on Oct. 20. Stablecoins as an interim solution […]
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Fed’s balance sheet expands to $3.97 trillion in weeks as ex-Bank of England governor predicts a looming financial crisis. Bitcoin (BTC) proponents are voicing fresh alarm after the United States Federal Reserve printed more than its entire market cap in new money this month. Fed balance sheet approaches $4T As noted by cryptocurrency social media […]
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A deluge of interest in Bitcoin from big finance may not be the catalyst for adoption in the long term, warns Meltdem Demirors. Bitcoin (BTC) may not benefit from an influx of institutional traders, a senior executive at one of the industry’s best-known businesses warned. Wall Street and Unexchanged Bitcoins Speaking in an interview on […]
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Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin mining, in Rockdale, Texas. Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin (BTC) mining, in Rockdale, Texas. In a press release published on Oct. 21, Bitmain revealed the project […]
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Members of the Zcash community discover a suspicious and potentially malicious counterfeit version of Zcash Foundation’s native ZecWallet. Members of the Zcash (ZEC) community have discovered a suspicious and potentially malicious counterfeit version of Zcash Foundation’s native ZecWallet. According to a Twitter post published on Oct. 20 and retweeted by Zcash developer Electric Coin Company, […]
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Cryptocurrency markets are turning green, with Bitcoin showing signs of recovery above the $8,200 price mark. Sunday, Oct. 20 — Crypto markets are slowly turning green, with Bitcoin (BTC) showing signs of recovery as it finds its way back above the $8,200 price mark. Cryptocurrency market daily overview. Source: Coin360 Bitcoin has been trading below the […]
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As Bitcoin price successfully held $7,700-$7,800 support again and now back up over $8,200, several indicators suggest a bullish reversal. Bitcoin price (BTC) has continued to fend off support in the $7,800 region for what will be the fifth week running at the end of today. With the BTC price currently back up over $8,200, […]
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Cointelegraph Brasil presents a weekly digest of selected cryptocurrency- and blockchain-related news. Brazil has seen another tumultuous week in the cryptocurrency industry as the president of investment scheme Unick Forex said it will only pay customers who have kept their receipts, the 18th million Bitcoin (BTC) was mined, and the alleged pyramid scheme Atlas Quantum […]
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Mexico announces a new alliance to support blockchain development in Cointelegraph’s weekly digest of news from the Spanish-speaking world. The Spanish-speaking world has seen another week of major cryptocurrency and blockchain developments with the Mexican government announcing a new alliance to support the development of blockchain initiatives. Here is the past week of crypto and […]
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Libra proceeds with formalizing its governance structure amid major members dropping out, regulatory upheaval and fork attempts. Earlier this week, initial members of the Libra Association formalized a governance structure after holding their inaugural meeting in Geneva. The transition happened just days after seven high-profile participants, including Visa, eBay and Mastercard, chose to leave the […]
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