The Swiss National Bank and BIS don’t want to miss out on possible blockchain-powered benefits for the financial system. The Bank for International Settlements and the Swiss National Bank and are exploring the benefits of implementing a central bank digital currency, or CBDC, using blockchain technology. According to a Dec. 3 announcement, the BIS Innovation […]
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Bitcoin price has overtaken its 2017 high, but should investors expect the top-ranked altcoins to do the same? After a rather lengthy wait, Bitcoin price is finally back to the same price range it was in 3 years ago. Back in 2017, when the Bitcoin (BTC) price peaked near $19,900, most altcoins also posted 200% […]
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Bitcoin whale inflows are increasing as the price of BTC struggles to break past $19,500. Since hitting a new all-time high, Bitcoin (BTC) price has been unable to flip the $19,400 level to support. This is likely due to the possibility that whales are selling aggressively in the $19,400 to $19,600 range to prevent the […]
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But only for vendors, so retail users will have to wait. Online payments giant and Cash App owner Stripe is stepping into a new realm of financial services for vendors. Per a Wall Street Journal exclusive on Thursday, Stripe is looking to offer customers bank accounts and debit cards. However, these financial products will be […]
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Grayscale Bitcoin Trust’s premium is now above 30% as institutional demand for BTC continues to increase. The demand for the Grayscale Bitcoin Trust (GBTC) continues to rise with its premium surpassing 30% on Dec. 3. This indicates that Bitcoin (BTC) is seeing increasing institutional demand as its price consolidates above $19,000. The Grayscale Bitcoin Trust […]
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Joseph Lubin believes Eth2’s development will move quicker than many are expecting, predicting the new protocol will “absorb” Ethereum in “the not too distant future” Speaking during the Ethereum in the Enterprise — Asia Pacific 2020 conference on Dec. 3, ConsenSys founder and Ethereum contributor, Joseph Lubin, predicted that Eth2 will devour Ethereum in “the […]
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Bitcoin price has decided to take a breather as bulls and bears fight to take control of the $18,200 to $19,500 range. After an impressive run to a new all-time high on Dec.1, Bitcoin (BTC) price appears to have entered a short consolidation phase as the price ranges between $18,200 and $19,500. The 1 and […]
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XRP saw a 1,151% surge in trading volume on eToro as its price nearly tripled last month. XRP saw a month-on-month 1,151% surge in trading activity in November on the eToro investment trading platform, according to the company’s latest report. This comes as the XRP price rallied to $0.92 on Coinbase at its monthly peak and […]
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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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New, small-scale research from Xangle takes a look at investors’ reflections on their initial coin offering investments between 2017 and fall 2020. Research outfit Xangle has found that a third of sampled retail investors in the United States felt “deceived” by initial coin offerings, or that the projects had withheld information from them. Notably, Xangle’s […]
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