Bitcoin Bulls Defend $7,450 But Need Progress Soon

Oct 16, 2020 at 19:54 UTCUpdated Oct 16, 2020 at 20:24 UTCE-Krona or Bust, Says Sweden’s Chief Central Banker, Trying to Drag Swedish Govt Into Digital AgeSweden’s top central banker Stefan Ingves has gone all-in on sovereign digital currency, and on Thursday the Riksbank governor called upon the Swedish Parliament to do the same."There shall…

Bitcoin continued to rise toward its all-time price high of nearly $66,000 on Monday. The cryptocurrency was up about 5% over the past 24 hours, indicating a rise in bullish sentiment.Equities and cryptocurrencies are rising as central banks in Europe and the U.S. appear to be in no rush to raise interest rates. Despite plans…

feature Stockholm-based startup Bitrefill now offers a way to mitigate bitcoin’s expensive learning curve for new users. Revealed exclusively to CoinDesk, Bitrefill’s new Thor service allows people to give lightning channels to someone else with no setup on the recipient’s side. Lightning was created to allow cheaper, off-chain bitcoin payments. Bitrefill’s John Carvalho told CoinDesk: “Thor…

Abracadabra is proposing measures to protect from a bad debt situation stemming from an $18 million loan to Curve Finance founder Michael Egarov.If passed, the protocol would automatically sell crv tokens to liquidate the position unless topped up with more collateral, putting selling pressure on an already stressed crv market.As decentralized finance (DeFi) protocols scramble…

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U.S. Securities and Exchange Commission Chair Gary Gensler said that the final approvals for exchange-traded funds (ETFs) trading Ethereum's ether (ETH) should be finished this summer, he told senators in a budget hearing on Thursday.Gensler told a subcommittee of the Senate Appropriations Committee in a hearing justifying the market regulator's budget that the process is

news As its bid to improve its crypto data offering continues, CoinMarketCap is snapping up a firm building technology said to provide a “true price” for cryptocurrencies. In a move that marks its first ever acquisition, CoinMarketCap said in press release Wednesday that it is purchasing Hashtag Capital, a startup developing algorithms that analyse “all points of available liquidity” in…

Apr 24, 2020 at 16:04 UTCUpdated Apr 24, 2020 at 16:17 UTCPhoto by Lianhao Qu on UnsplashMoney Reimagined: A World Where Privacy and Saving Lives Can CoexistDefenders of Washington’s COVID-19 response say it’s unfair to compare surging U.S. death rates with the far lower numbers in countries such as South Korea or Singapore because Americans…