Bitcoin News Roundup for March 12, 2020

I’ve been running a crypto fund for 1,825 days.Arca just achieved a major milestone, reaching a five-year track record of managing outside capital in our liquid hedge fund.Five years in any other industry may not seem like a long timeframe, but in crypto we often joke that one crypto year is equivalent to five normal

Jul 27, 2020 at 13:16 UTCUpdated Jul 27, 2020 at 13:28 UTCRoller coaster (Olivier Tabary/Shutterstock)The likelihood of bitcoin challenging record highs by the end of the year may have have increased with the cryptocurrency’s violation of major price resistance – but don’t raise your hopes too high just yet. Bitcoin jumped above $10,300 on Sunday,…

news Bitcoin Wallet, a lucrative South African “investment scheme,” used to attract hundreds of investors a day, many of whom clamored at the company’s doors to invest. Now, the company’s shuttered office is attracting hundreds of protestors demanding their cash back, according to Ladysmith Gazette. As of July 4, the enterprise that many regulators and media had…

Mar 17, 2020 at 06:00 UTCMakerDAO CEO Rune Christensen image via CoinDesk archivesMakerDAO’s Problems Are a Textbook Case of Governance FailureCathy Barrera, a CoinDesk columnist, is a Founding Economist at Prysm Group, an economic advisory group, and was Chief Economist at ZipRecruiter. She has a PhD in Business Economics from Harvard. The MakerDAO network is currently…

Start with the realization that the cypherpunks were right.Back in the early 1990s, prescient software guys got both excited about the internet and anxious about a future in which it would ruin every meaningful bit of privacy.The cypherpunks’ work and their writings laid out the assumptions that would drive the cryptocurrency industry, years before the…

news Universa Platform, a Russian blockchain platform intended for corporate management and state administration, has partnered with a Russian federal subject, Khanty-Mansi Autonomous Okrug, to help the bucolic region join the digital economy through blockchain enabled technology, according to a company statement. The partnership will create a pilot area for digital technologies and services which…

Current Florida Governor and GOP presidential hopeful Ron DeSantis continued his campaign against central bank digital currencies (CBDCs), vowing a ban if he were elected president.“Done, dead, not happening in this country,” said DeSantis at the Family Leadership Summit in Iowa last Friday. “If I am the president, on day one, we will nix central…

news Two congressmen from Florida and North Carolina have introduced two bipartisan bills aimed to help prevent cryptocurrency price manipulation. Representatives Darren Soto (Democrat) and Ted Budd (Republican) jointly announced Thursday that their two bills – “The Virtual Currency Consumer Protection Act of 2018” and the “U.S. Virtual Currency Market and Regulatory Competitiveness Act of…

Bitcoin prices could top out at the $112,000 level if current buying pressure from ETFs continues.The “worse case” scenario is at least $55,000, which is still a nearly 15% rise from current levels.Bitcoin prices could touch $112,000 this year if the current trend of inflows related to spot exchange-traded funds (ETFs) continues, on-chain data provider