Biden out, bull run in? Here’s what analysts think
Biden’s sudden move to abandon the 2024 presidential race could be a “huge boost” for crypto assets, but it may be too soon to get excited about a massive crypto rally.
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BlackRock CEO: Bitcoin has caught our attention
Larry Fink believes Bitcoin may evolve into a global market. Blackrock CEO Larry Fink says Bitcoin (BTC) is on his company’s radar following the cryptocurrency’s rapid appreciation over the past few months. Speaking at the Council on Foreign Relations Tuesday alongside former Bank of England Governor Mark Carney, Fink reportedly said:“Bitcoin has caught the attention and…

Grayscale adds a ‘cool $300M’ in a day and $1B this week
“Added a cool $300 million in AUM in one day,” boasts Grayscale CEO Barry Silbert. Crypto fund manager Grayscale Investments has increased its assets under management (AUM) by $1 billion in the space of a week.According to an update posted to Grayscale’s Twitter account on Oct. 22, the investment firm currently has $7.3 billion in…

Algorand aims to convert network transaction fees into carbon offsets
The smart contract will automatically allocate part of the Algorand blockchain’s transaction fees to purchase carbon credits at the carbon offset marketplace ClimateTrade. 224 Total views 27 Total shares Proof-of-stake blockchain protocol Algorand will implement a smart contract that will automate the offsetting of the network’s carbon emissions.In a recent announcement, Algorand revealed that a…

Bitcoin Price Already Up 25% in 2020 After Hitting $9,000
Bitcoin (BTC) hit $9,000 on Jan. 17 as technical metrics continued to break both local and all-time records. Cryptocurrency market daily overview. Source: Coin360BTC clips $9,000 as traders lie in waitData from Coin360 and Cointelegraph Markets showed BTC/USD finally rising to the significant $9,000 boundary on Friday, following a bullish run-up overnight.At press time, a slight…

European Central Bank bets on CBDCs over BTC for cross-border payments
ECB’s interest in identifying the best cross-border payment solution stems from the fact that it serves as the central bank of the 19 European Union countries which have adopted the euro. 536 Total views 18 Total shares A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned…

What type of situation, if any, could crash Bitcoin? VC firm partner speculates
Early pandemic concerns crashed Bitcoin in 2020. What else could cause a similar reaction? 1336 Total views 5 Total shares During the market downturn in March 2020, Bitcoin (BTC) fell over 50% in value across a two-day period. Traditional financial markets also dropped vastly in March. Although Bitcoin posted a standout recovery, going on to…

Coinbase takes a shot at Tether, encourages users to switch to USDC
Coinbase’s request comes just a couple of months after Binance ceased support for USDC. 1062 Total views 7 Total shares Own this piece of crypto history Collect this article as NFTUnited States-based cryptocurrency exchange Coinbase has asked its customers to convert their Tether-issued USDT (USDT) stablecoin to USD Coin (USDC), a USD-pegged stablecoin issued by Circle…

Cypher core contributor admits to stealing $260K and gambling it away
The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.”