December 2020 | Last Cryptocurrency News Feed

Close, but no cigar! Here are 2020’s worst Bitcoin price predictions

Pundits and crypto analysts love to issue Bitcoin (BTC) price predictions regardless of how volatile the asset class is. In 2017, there were calls for BTC’s price to hit $35,000–$50,000, and of course, a few brave souls predicted that the price would top $1 million before correcting. No one will forget how John McAfee infamously promised…

CoinDesk Feed

FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+

Dec 31, 2020 at 9:52 p.m. UTCUpdated Dec 31, 2020 at 10:03 p.m. UTCFinCEN director Kenneth Blanco (U.S. Customs and Border Protection)FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+The Financial Crimes Enforcement Network (FinCEN), the U.S. Treasury Department wing tasked with monitoring potential legal violations of domestic financial laws, wants Americans to…

CoinDesk Feed

Market Wrap: Bitcoin Closes 2020 Near Record Highs

Dec 31, 2020 at 9:09 p.m. UTCBitcoin, ether and gold in 2020.Market Wrap: Bitcoin Closes 2020 Near Record HighsThe Takeaway:Bitcoin nearly triples its price in 2020 and ends the year close to $29,000 but ether gained 450%. Bitcoin (BTC) trading around $28,963 as of 21:00 UTC (4 p.m. ET), gaining 1.5% over the previous 24…

Cointelegraph Feed

4 reasons why the top 15 richest Bitcoin wallets still matter in 2021

Transparency is one of the most intriguing aspects of cryptocurrency and it was this openness that drew many early supporters to Bitcoin (BTC). Blockchain technology makes all information associated with the network’s operation accessible for anyone interested in taking a look. Every known address, transaction, fee paid and other details relating to multisignature and SegWit usage…

Cointelegraph Feed

Faulty data? Grayscale didn’t liquidate massive amounts of XRP and XLM

A Grayscale spokesperson confirmed to Cointelegraph that the fund manager didn’t dump massive stakes of XRP and XLM. 2903 Total views 16 Total shares Bybt data apparently showing a massive liquidation of XRP and Stellar Lumen (XLM) by Grayscale Investments earlier this week is inaccurate, according to the investment company.On Wednesday, a public Bybt data set…

Cryptocurrency News Feeds

A New Attempt: VanEck Files for a Bitcoin ETF

Following a couple of unsuccessful attempts, the New York City-based giant asset manager VanEck has filed another document with the SEC to launch a Bitcoin ETF. If successful, the VanEck Bitcoin Trust would reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate. VanEck Tries Again For A BTC ETF Founded in 1955, VanEck is…

Bitcoin Magazine Feed

Bitcoin’s 2020 In Tech

Seemingly undisturbed by 2020’s craziness, and largely unfazed by bitcoin’s wild price swings that concluded with new all-time highs in December, Bitcoin’s technical community continues to plow ahead. Bitcoin’s software and the many projects around it were gradually improved throughout the year, as software was optimized, bugs fixed and privacy leaks patched. The bulk of…

CoinDesk Feed

The Most Important Bitcoin Infrastructure Developments of 2020, feat. Alyse Killeen

Dec 31, 2020 at 7:00 p.m. UTC(Andy/iStock via Getty Images Plus)The Most Important Bitcoin Infrastructure Developments of 2020, feat. Alyse KilleenA look at privacy and infrastructure advances that will shape the bitcoin ecosystem in the years to come.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify,…

Cointelegraph Feed

Did Bitcoin prove itself to be a reliable store of value in 2020? Experts answer

Without any doubt, the year 2020 was unlike any other year in the 21st century: The ongoing COVID-19 pandemic, global governments unstoppably printing money, “lockdowns” and “social distancing” becoming the new normal, protests against racial discrimination and police brutality, and so on and so forth. It even made some claim it to be “the worst…

Cryptocurrency News Feeds

2020 Year In Review: Bitcoin’s Journey From $3800 To Nearly $30K

2020 has been an interesting year. To say anything else would be an understatement. The global COVID-19 pandemic took the entire world by a storm and changed the lives of millions of people. This had a direct impact on all industries and markets. Cryptocurrencies were absolutely no exception. 2020 had its lows for the nascent…