Bitcoin analysts agree that BTC has ‘a lot further to run’
Key on-chain metrics suggest a higher baseline for Bitcoin price now that the halving is complete.
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19% of World Population Bought Crypto Before 2019: Kaspersky Report
A new survey by Moscow-based cybersecurity firm Kaspersky Lab introduced on June 17th revealed that 19% of people globally have purchased cryptocurrency.The survey, titled “The Kaspersky Cryptocurrency Report 2019,” was carried out in October and November 2018, with a total of 13,434 respondents in 22 countries.According to the report, 81% of global population have never…
SEC under fire for its custody rule: Law Decoded, May 8–15
Last week was harsh for the United States Securities Exchange Commission (SEC), with industry figures and officials publicly criticizing the regulator. May 8 was the deadline for feedback on the SEC’s proposed custody rule, and there was feedback aplenty. Andreessen Horowitz’s general counsel Miles Jennings called the proposal a “misguided and transparent attempt to wage war…
68% of Runes are in the red — Are they really an upgrade for Bitcoin?
Bitcoin Runes’ debut stirred controversy with high fees and poor initial returns, but supporters say the tokens upgrade the Bitcoin network.
Tim Cook says Apple will weave AI into products as researchers work on solving bias
CEO Tim Cook gave a rare, if guarded, glimpse into Apple’s walled garden during the Q&A portion of a recent earnings call when asked his thoughts on generative artificial intelligence (AI) and where he “sees it going.” Cook refrained from revealing Apple’s plans, stating upfront, “We don’t comment on product roadmaps.” However, he did intimate that…
Report: Barely Any Hong Kong Crypto Funds Being Approved for Licenses
One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. According to a Reuters report on Nov. 6, the licenses introduced by Hong Kong’s Securities and Futures Commission (SFC) in October 2018 have apparently led to few approvals, with reporters succeeding to independently identify…
Austrian State Printing House Has Made a Cryptocurrency Cold Wallet
Youniqx Identity AG, a subsidiary of the Austrian State Printing House, has developed a cryptocurrency hardware wallet, reveals a press release published on July 29.Per the report, the hardware wallet — named Chainlock — enables the offline storage of private keys allowing access to cryptocurrency wallets. The device is reportedly capable of generating the private…
Bitcoin dips under $17K as ‘craziest rumors’ over Binance sink BTC price
Bitcoin (BTC) fell below $17,000 on Dec. 16 as traders warned of overreaction to “FUD” involving exchange Binance and others.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance “FUD” fuels bearish BTC movesData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it put in multi-day lows of $16,928 on Bitstamp.The pair retraced its entire run to…
Waves Lets Users Bet on Spread of COVID-19 For Charity
Waves has launched a macabre campaign to purportedly raise money for COVID-19 relief. The platform has created a tokenized parimutuel betting pool where users can speculate on whether the global number of confirmed coronavirus cases has risen or fallen within a given week.On April 3, Waves announced the ‘charity campaign,’ ostensibly in support of “organizations…