Bitcoin headed for ‘perfect storm’ to new all-time high — Bitfinex
Bitfinex analysts say Bitcoin could reach a new all-time high following the US election, with market conditions forming a “perfect storm” for a major price push.
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Fidelity downsizes value of its Twitter holdings
Fidelity has downsized the value of its investment in Twitter by more than half its initial stake in Elon Musk’s takeover of the social media platform. 89 Total views 17 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTInvestment firm Fidelity has written down the value of its initial stake in Twitter…
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Brave acquires search engine in bid to offer alternative to Google Search
Privacy-focused browser Brave has acquired open search engine Tailcat to introduce its own alternative to Google Search later this year. 2617 Total views 22 Total shares Major privacy-focused browser Brave is inching closer to offering a private search engine. Brave announced Wednesday that the company has acquired Tailcat, an open search engine developed by a group…
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Major Swiss Banking Firm Julius Baer Launches Services for Cryptocurrencies
Major Swiss private banking and wealth management group Julius Baer has launched a digital assets trading and custodial service via a partnership with regulated crypto-specialist Seba.Julius Baer announced its new digital assets offering on Jan. 21, the result of its 2018 minority equity stake acquisition and later partnership with crypto startup Seba Bank AG in…
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Israel puts the brakes on cash to spur digital payments
Authorities in Israel on Monday has in put in place further restrictions on cash payments as a means to combat illegal activity and spur digital payments in the country. Since January 2019, Israeli businesses and consumers have been subject to limits on cash payments under the Law for the Reduction in the Use of Cash. It’s…
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Nigeria is establishing a framework for widescale crypto adoption
Africa’s largest economy has become a bastion for crypto adoption. 1126 Total views 13 Total shares Nigeria’s Finance Ministry is reportedly in talks with the country’s securities regulator to develop a new framework for blockchain and cryptocurrencies -- a move that could accelerate adoption in Africa’s largest economy. Business Day, a Nigerian market intelligence publication, reported Tuesday…
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Unsung hero saves DeFi protocol from potential exploit: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The last week’s headline was dominated by some of the biggest hacks in DeFi. This week is redemption time for many DeFi protocols that either averted an attempted hack or…
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Pro-Bitcoin lawmakers pack Congress as partisan gridlock looms
As Donald Trump prepares to take office, the crypto industry enjoys unprecedented support in Washington — but could partisan bickering spoil its chances?
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Square, Twitter CEO Jack Dorsey: Bitcoin ‘Not Functional as a Currency’
Square and Twitter CEO Jack Dorsey has said Bitcoin (BTC) will continue to be adopted more widely, but it is still too early to consider it a currency.Make Bitcoin more usable and accessible as a currencyOn Sept. 4, the outspoken Bitcoin advocate told the Australian Financial Review that he is convinced the No. 1 cryptocurrency will continue…