December 2020 | Page 4 of 151 | Last Cryptocurrency News Feed

Polkadot’s founder looks back on the year, teases Substrate 3.0 in early 2021

Polkadot has recounted its gains in 2020, identifying its dominance of the crypto staking scene among other notable milestones for the year. 1728 Total views 14 Total shares With 2021 less than 24 hours away, Polkadot creator Gavin Wood says the project has built up a head of steam heading into the new year. In…

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Tyler Winklevoss Eyes ETH: Buying Ethereum Now Is Like Buying Bitcoin At 50% Discount

Tyler Winklevoss, the co-founder, and CEO of the crypto exchange Gemini and one of the earliest BTC adopters believes that Ethereum’s price is a “steal” now. He noted that the second-largest cryptocurrency is still about 50% away from its all-time high. Winklevoss: Buying ETH Now Is A Steal Ethereum is among the best performers through…

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Proposed FinCen Rule on Crypto Wallets Would Likely Be Ineffective, Elliptic Says

Dec 31, 2020 at 9:00 a.m. UTCProposed FinCen Rule on Crypto Wallets Would Likely Be Ineffective, Elliptic SaysThe U.S. Treasury Department’s proposed rules which would require users to comply with KYC requirements if they seek to send their crypto to a private wallet could end up being ineffective, according to blockchain analytics firm Elliptic. In its…

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The US has already lost the 2020 crypto regulation race to Europe

2020 has been a stellar year for the crypto economy, with more enterprises and institutions than ever before implementing the technology. Big announcements, such as PayPal’s decision to enable its users to buy and sell Bitcoin (BTC), have understandably dominated the headlines. However, pivotal regulatory developments across the globe have largely flown under the radar…

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Last Market Watch of 2020: Bitcoin Price Eyes $30K, Polkadot (DOT) Breaks ATH

Despite retracing with over $1,000 after the latest all-time high, BTC has surged back up and reclaimed the $29,000 level. Some altcoins have expanded in value – Polkadot’s DOT has marked a new all-time high. Bitcoin’s Latest ATH Above $29K After a few days of relative stagnation around the $28,000 level, the primary cryptocurrency returned…

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Coinbase Sued for Receiving Commissions on Illegal XRP Sale

While Ripple is dealing with allegations from the U.S. Securities and Exchange Commission (SEC) concerning its XRP token, major U.S. cryptocurrency exchange Coinbase seems to be getting its own share of legal saga, as the company faces a class-action lawsuit for receiving commissions gotten from the sale of XRP tokens. Coinbase Slammed With Class Action…

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‘Rat poison squared’ Bitcoin passes Warren Buffett’s Berkshire Hathaway by market cap

Bitcoin (BTC) has posted its highest transaction volume since early 2018 as data points to more and more investors entering the market.Figures from on-chain analytics resource Digital Assets Data highlights December 2020 as already sparking Bitcoin’s second-largest transaction volumes.BTC transaction volume eyes recordAt a total of $252.37 billion the remaining 24 hours of December may…

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Xapo to Discontinue Service to US Customers in March

Dec 31, 2020 at 3:08 a.m. UTCXapo founder Wences Casares at Consensus 2015.(CoinDesk archives)Xapo to Discontinue Service to US Customers in MarchXapo, one of the earliest bitcoin custodians, is ending its service to U.S. customers as of March 1, according to a customer email dated Dec. 30 obtained by CoinDesk.“Due to a change in our…

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Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year’s

Dec 31, 2020 at 12:25 a.m. UTCBitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year’sThe price of bitcoin (BTC) crossed $29,000 Wednesday evening for the first time ever, pushing further into record territory after hitting what had been an all-time high earlier in the day.With the day's surge, the…

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XRP the ‘third largest collapse of all time’ says The TIE’s Josh Frank

The token has lost more value than former commodities trading giant Enron. 536 Total views 3 Total shares The XRP token’s market capitalization has fallen almost $130 billion since its all-time high in 2018, making the cryptocurrency project’s decline comparable to the collapse of major financial institutions.According to Josh Frank of crypto-focused research company The…