November 2020 | Page 14 of 152 | Last Cryptocurrency News Feed

Industry Pros Weigh In on Rumors of New Crypto Wallet Regulations

Nov 27, 2020 at 3:21 p.m. UTCTreasury Secretary Steven T. Mnuchin (Toni L. Sandys-Pool/Getty Image)Industry Pros Weigh In on Rumors of New Crypto Wallet RegulationsRecent rumors about U.S. regulation of private, self-hosted crypto wallets have some compelling context.For example, the proposal submitted last month by U.S. authorities to lower the anti-money laundering (AML) threshold for…

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Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal

Nov 27, 2020 at 3:16 p.m. UTCBank of Russia Fields Banking Industry Concerns Over Digital Ruble ProposalThe deputy chairwoman of the Bank of Russia, Olga Skorobogatova, met with representatives of several major banks Thursday, seeking early feedback on the concept of a digital ruble. According to Russian newspaper Kommersant, the bankers were chiefly concerned over…

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Canada-Listed Investment Firm Sells All Its Ether, Monero to Buy More Bitcoin

Nov 27, 2020 at 2:07 p.m. UTCToronto, Canada(Claudio Beiza/Shutterstock)Canada-Listed Investment Firm Sells All Its Ether, Monero to Buy More BitcoinCanada-based investment firm Cypherpunk Holdings has dumped its holdings of two alternative cryptocurrencies and put the proceeds into bitcoin.In an announcement Thursday, the company said that its bitcoin holdings have increased to 276.479 BTC from the…

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What happens to your Bitcoin when you die?

As cryptocurrency investment becomes more and more popular, long-term investors are increasingly concerned with the uncomfortable question: what happens to your Bitcoin (BTC) when you die? According to a 2020 study by the Cremation Institute, nearly 90% of crypto owners are worried about what happens to their crypto after they pass away. Furthermore, despite a high…

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Bloomberg lists 5 bullish trends for Bitcoin price despite ‘Thanksgiving crash’

Bloomberg praises market depth and liquidity, agreeing that conditions are much better now than during Bitcoin’s 2017 bull run. 2026 Total views 17 Total shares Bitcoin (BTC) continues to convert some of its harshest traditional critics from mainstream finance as Bloomberg admits that this bull run is nothing like 2017. In an article on Nov. 27,…

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Bitcoin Worth $5 Billion Withdrawn From OKEx as Users Look for Other Alternatives

Users withdrew a record 29,300 BTC from OKEx after the Malta-based cryptocurrency exchange resumed withdrawals yesterday. This comes after bitcoin (BTC) price kickstarted its epic freefall dropping to levels near $16,500 before bouncing back up again. But what is the reason behind the massive bitcoin exodus out of OKEx? OKEx Sees Significant BTC Withdrawals And…

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Huobi-Branded Crypto Exchange Launches for Malaysian Market

Nov 27, 2020 at 1:00 p.m. UTCUpdated Nov 27, 2020 at 1:33 p.m. UTCKuala Lumpur, Malaysia(Pexels/Pixabay )Huobi-Branded Crypto Exchange Launches for Malaysian MarketThere’s now an additional cryptocurrency exchange serving the Malaysian market, after a new Huobi-linked platform announced its launch Friday.Huobi Labuan said in an emailed press release that it aims to provide users in…

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Ethereum Classic plans ‘Thanos’ hard fork to restore mining with older GPUs

Four gigabyte devices will soon be able to find a new home on ETC. Ethereum Classic (ETC) is planning on executing the Thanos hard fork, an upgrade that would ensure several more years of mining functionality for graphics cards with 4 gigabytes of RAM.The upgrade, scheduled for block 11,700,000 — set to be mined between…

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Huobi launches regulated crypto exchange in Malaysia

The new entity is called Huobi Labuan, and its brokerage license allows it to offer crypto spot and derivatives trading for an initial nine-month trial period. 2083 Total views 29 Total shares Huobi Global, Huobi Group's flagship crypto exchange headquartered in Singapore, may have had a rocky fall in 2020 — at least, as circulating…

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Quick Bitcoin Price Recovery Looks in Doubt as Whales Move Coins Onto Exchanges

Nov 27, 2020 at 12:09 p.m. UTCUpdated Nov 27, 2020 at 12:36 p.m. UTCBitcoin prices over the last week(CoinDesk 20)Quick Bitcoin Price Recovery Looks in Doubt as Whales Move Coins Onto ExchangesBitcoin may have a tough time charting a V-shaped recovery to recent highs in the short term, with on-chain activity showing increased selling pressure…