Bitcoin all-time high at $76.8K is just the beginning, according to data
Bitcoin price hit a new all-time high above $76,850, and multiple data points suggest that the rally has room to run higher.
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Major UK hedge fund Brevan Howard launches crypto division
Brevan Howard also hired former CMT Digital CEO Colleen Sullivan to lead private and venture investments in crypto. 431 Total views 13 Total shares Brevan Howard, a United Kingdom-based hedge fund, plans to "significantly expand" its cryptocurrency and digital assets, according to a new report from Reuters.Chief Executive Aron Landy, who has been at Brevan's helm…
Blockchain Association policy head: US shouldn’t compete with China’s CBDC using surveillance tools
"We will not compete against China — an authoritarian dictatorship — by also acting like an authoritarian dictatorship," said Jake Chervinsky. 80 Total views 1 Total shares Jake Chervinsky, head of policy at crypto advocacy group the Blockchain Association, said the United States should be careful to avoid a “totalitarian nightmare” in its potential launch…
Ethereum co-founder Vitalik Buterin sends $15M of USDC to Gemini
Blockchain sleuths flagged a $14.9 million transfer of USDC coming from a wallet associated with Vitalik Buterin. 439 Total views 10 Total shares Blockchain sleuths have zeroed in on a recent transaction from a wallet associated with Ethereum co-founder Vitalik Buterin, where he transferred $14.9 million worth of USD Coin (USDC) to the cryptocurrency exchange
Trump’s Fed Nominee Advocates a Gold-Backed Currency, Even a Crypto One
Judy Shelton, President Trump's nominee for the Federal Reserve board of governors, has advocated for getting back to a gold standard, possible "in a very cryptocurrency way." 1185 Total views 60 Total shares President Donald Trump’s nominee for the Federal Reserve board of governors is reiterating her advocacy for the gold standard — and adding…
Crypto exchange Coinbase slashes staff by 18% amid bear market
Coinbase CEO Brian Armstrong officially announced on Tuesday that he made a "difficult decision" to reduce the size of the Coinbase team by about 18% due to a starting economic recession.“We appear to be entering a recession after a 10+ year economic boom. A recession could lead to another crypto winter, and could last for…
Soccer Teams Like Juventus Look to Score With Blockchain Push
On Dec. 2, Italian soccer giant Juventus revealed that the long wait for its much-hyped fan token had finally come to an end. In regard to the matter, news of the deal first came to light back in 2018, when it was revealed that the token would allow holders to take part in a host…
Bitcoin Price Back Over $10K Following 36% Gains on the Day
Disclaimer: This news is breaking and will be subject to updates.Oct. 26 — Bitcoin (BTC) is back above $10,000 for the first time since Sept. 22 after seeing massive gains of 36% on the day as of press time.Images courtesy of Coin 360Currently at $10,146, Bitcoin has seen an amazing 24 hours. It had been…
Bitcoin hashrate triples since June 28 in recovery from China syndrome
Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown. 702 Total views 32 Total shares The hashrate for the Bitcoin network has made a remarkable recovery since it crashed following China’s crypto mining clampdown earlier this year.The Bitcoin hashrate has now topped 150 Exahashes, or one…