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Historian Niall Ferguson Says Bitcoin Is Winning the Covid-19 Monetary Revolution
2.12.2020
Historian and senior fellow with the Hoover Institution at Stanford University, Niall Ferguson says bitcoin is winning the Covid-19 monetary revolution. Hailing the virtual currency as a great place for the rich to store their wealth, Ferguson also notes that the bitcoin’s resilience...
Korean Medtech MediBloc Secures $3.5M in Series A Round
2.12.2020
Korean medtech logistics blockchain startup MediBloc has secured $3.5 million in a Series A investing round; investment firms like Company K Partners, IMM Investment, and Naver D2SF were a part of the round. The funding will possibly open new avenues for close cooperation between MediBloc...
Bitcoin Makes US Dollar Less Relevant - BlackRock CEO
2.12.2020
Source: A video screenshot, Youtube/CNBC
While the most popular cryptocurrency, bitcoin (BTC) is still an untested territory, it possibly can evolve into a global market, and already makes the US Dollar less relevant, according to Laurence D. Fink, CEO of the world’s largest asset manager...
Reuters runs the headline Bitcoiners have longed to read
2.12.2020
Mainstream news agencies are beginning to provide positive coverage of Bitcoin, acknowledging its proper significance as an asset as the US dollar nosedives
Missed the Bitcoin Rally? Here’s an Investment Strategy to Ride the Bull Market While Reducing Your Risk
1.12.2020
Investors looking to buy bitcoin now should consider implementing a dollar-cost averaging (DCA) strategy, according to leading traders in the cryptocurrency space
Zcash Price Regains Its Momentum After Dropping to $62
1.12.2020
Zcash, one of the top 35 cryptos of the market, is seen trading with an uptrend at $79 after sliding from the 3-month high hit at $90 in the previous week. ZEC coin regains the lost momentum and continues to draw an uptrend that it breached in the last week when it spiked to a …
Bitcoin Cash Price Reflects Slight Decline; Although Trades Above $300
1.12.2020
Bitcoin Cash Loses Its Position to Litecoin Bitcoin Cash slips below 5th position as Litecoin takes over with a gaining momentum and the latter trading above $80 and $85. While the former reclaims its trading above $300 after trading below $300 in the previous quarter. It was also just in the last...
Guggenheim Investment Fund to Invest $497 Million in Grayscale’s GBTC Seeking Bitcoin Exposure
30.11.2020
Guggenheim’s billion-dollar Marco Opportunities Fund (MOF) may seek indirect exposure to BTC through the investment of 10% of its net asset value into Grayscale’s BTC Trust (GBTC). The investment (when complete) means MOF will have committed as much as $497 million into the GBTC. In...
Trade in Forex With LPN TOKEN, World’s Second Largest Cryptocurrency That Has Paired With US Dollar After JP Morgan Group
30.11.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Wales, England – LUXURIOUS PRO NETWORK TOKEN is the most ambitious project of LPNT GROUP. The group is already a global leader in the domain of luxurious transportation and forex trading services.
The group...
Dogecoin Price Trades Below $0.0035 but Retains Complete Support
30.11.2020
Dogecoin, that is believed to have a concurrent momentum with that of the largest cryptocurrency—Bitcoin is now trading amongst the top 50 cryptos of the market. However, it was until the onset of the ongoing year when DOGE was one of the top 30 cryptos of the market. With an almost stagnant...
XRP Price Breaks Above $0.60 After Correcting as Low as $0.455
30.11.2020
XRP’s breakout is a clear symbol of spurring investors’ hopes against the consolidating momentum that it bore for 30 months now before it breached above $0.75 in the last week. With a gain in momentum over the past week, XRP also regained its lost position that it failed to Tether in...
Basic Attention Token Price Fails to Reclaim YTD High; Trades at $0.222
28.11.2020
Basic Attention Token, one of the top 50 cryptos of the global market, is seen declining after gaining at the onset of the week, when it rose as high as $0.285, while currently trading at $0.222. BAT was seen drawing a clear uptrend against the US Dollar after the significant pullback and YTD...
Law Decoded: Cents and stability, Nov. 20–27
27.11.2020
Stablecoins and CBDCs and their related issues of privacy and surveillance lead this week's Law Decoded
ENCORE: Luke Gromen on the History and (Declining) Future of the Global Dollar System
27.11.2020
As some start to wonder about a post-Bretton Woods economic system, macro analyst Luke Gromen explains how that post-World War II system came to be
EOS Price Pulls Back from 3-Month High; Trades Below $3
27.11.2020
EOS may appear dead as per the crypto’s current price movement irrespective of the intermittent rises in the previous quarter and recently when it spurred as high as $3.8, while currently trading with a sheer correction of over 25% in just two days. The current bearish candlewick led to...
Bitcoin SV Price Corrects Below 3-Month High; Trades Below $165
27.11.2020
Bitcoin SV price Movement Overview Bitcoin SV pulled back from the 30-month high marked above $200 at $216 on the daily chart and is ranked amongst the market’s top 15 cryptos. Although the hard fork of BCH is seen trading as the most lucrative cryptos of the market, we cannot ignore the fact...
Chainlink Price Crosses Above $12.5 and Reclaims Lost Support
27.11.2020
Chainlink, one of the lucrative projects amongst the top 10 coins of the global crypto market, is seen pulling back just like any other altcoin of the market, including the largest cryptocurrency by market capitalization—Bitcoin. The entire crypto market is seen losing the winning streak, including...
Facebook’s Libra to reportedly launch in January 2021 as USD stablecoin
27.11.2020
Libra will initially be pegged to just one fiat currency
Facebook-Led Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report
27.11.2020
Libra might eventually get off the ground as early as January albeit in a more limited format
$100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit
27.11.2020
Lenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan. This happened after what appears to be an oracle exploit on the Dai stablecoin. An apparent error or malicious attack to the Dai-dollar-peg data...