The price of Bitcoin has surpassed $23,000, and analysts predict where BTC is headed next after a significant rally. Bitcoin price surpassed $20,000 with ease on its third retest, buoyed by a surge in buy volume. Following the breakout, analysts anticipate the dominant cryptocurrency to eventually rise to the mid-$30,000s. However, in the short term, […]
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The exchange’s ties to Goldman Sachs go all the way back to Fred Ehrsam, who co-founded Coinbase in 2012 with Brian Armstrong. Digital currency exchange Coinbase has reportedly approached Goldman Sachs to lead its upcoming initial public offering — a move that could bolster the appeal of cryptocurrencies to a broader mainstream audience. Citing two […]
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Elrond is quietly becoming one of the best-performing altcoins in the current bull market. With Bitcoin (BTC) largely in the spotlight after hitting a new all-time high of nearly $24,000, other projects are starting to ride BTC’s coattails as well. One of the latest standouts is Elrond (EGLD), which is up 20% over the past […]
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Twitter, Wikipedia and even Google search activity point to a world still unaware of the best macro asset available to anyone. Bitcoin (BTC) has gained 30% in a week and topped out at $23,777 on Dec. 16 — but hardly anyone in the world knows yet, data suggests. According to charts tracking public awareness of […]
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FinCEN posted vacancies for two high-profile crypto positions in a bid to get expert professional advice on the crypto industry. The United States Department of the Treasury is looking for expert advice on cryptocurrencies to tackle legal challenges associated with the industry. The U.S. Treasury’s bureau, Financial Crimes Enforcement Network, or FinCEN, has posted two […]
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A record high for the largest stablecoin comes as Bitcoin cools around its own highest-ever levels. Tether (USDT), the largest cryptocurrency stablecoin, has passed a $20 billion market cap for the first time. According to data confirmed by the company on Dec. 18, Tether is now a $20 billion asset and the fourth-largest cryptocurrency by […]
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Potential listing could provide a valuation anchor, not only for future crypto IPOs but also for crypto-native exchange tokens. Following cryptocurrency exchange Coinbase filing a draft registration for a public offering with the United States Securities and Exchange Commission yesterday, research company Messari has valued the company at $28 billion. Messari’s model examined the company’s […]
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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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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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