Bitcoin Price Hits 7-Month High Against Turkish Lira
Turkey’s economic crisis looks to have boosted bitcoin’s appeal as a safe-haven asset, pushing it to seven-month highs against the lira.
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Three Crypto Analysis Firms Advance in ‘TechSprint’ RegTech Competition
Aug 10, 2020 at 16:41 UTCThree blockchain analysis firms are among the companies shortlisted in the “TechSprint” regulatory technology hackathon co-sponsored by the Bank for International Settlements (BIS) Innovation Hub and the Saudi G20 Presidency. Coinfirm, Cylynx, UnBlock Analysis and 17 other companies are building cryptocurrency monitoring, regulatory information sharing and data-mining technologies for the…

Crypto Market Has Evolved in the Past Year, Canaccord Says
The crypto market is back in growth mode following a period of consolidation, the report said. Canaccord noted that the launch of spot ETFs in the U.S. has led to broader institutional adoption of digital assets. Institutional allocations to crypto are expected to increase, the broker said. The digital assets industry has bounced back from

Circle Signals Plans to Bring USDC to Australia With Venture Capitalist Mark Carnegie
Circle has signaled plans to bring its USDC stablecoin into Australia and beyond. The stablecoin giant has partnered with venture capitalist Mark Carnegie. Circle has signaled its plans to bring its stablecoin USDC to Australia and beyond with the unveiling of a partnership with venture capitalist Mark Carnegie's MHC Digital Group, the companies announced on

India Central Bank Forms New Unit to Tackle Blockchain Regulation
India's central bank has reportedly formed a new unit within the organization to tackle research and regulatory frameworks for new technologies including blockchain, cryptocurrency, and artificial intelligence. According to a report from the Economic Times on Monday citing sources familiar with the matter, the Reserve Bank of India (RBI) launched the new unit about a…

The Popular $100K Year-End Goal for Bitcoin Has Less Than 10% Probability in Options Market
The way BTC options trading on Deribit are currently priced suggests a 9.58% chance of prices rising above $100,000 by Dec. 27. The possibility of prices rising to $82,000 is higher, according to one observer. Options market probabilities can change quickly with market conditions. 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid

Novogratz’s Galaxy Digital Will Start Trading on a Stock Exchange This Week
Cryptocurrency merchant bank Galaxy Digital will begin trading on the Toronto TSX Venture Exchange this week.

Mt. Gox Rehabilitation Plan Worth Billions in Compensation Approved; Finalization to Follow
The end of a long journey is finally in sight for the thousands of creditors who lost billions in funds in the infamous Mt. Gox hack.In that hack, more than 600,000 bitcoins were siphoned off between 2011 and 2013, forcing the cryptocurrency exchange into bankruptcy in 2014.Rehabilitation Trustee Nobuaki Kobayashi issued a statement Wednesday acknowledging…

The Protocol: Using the Money Printer
One thing blockchain teams succeeded in long ago: coopting the money printer, from the initial coin offerings, or ICOs, in the late 2010s, to the current-vintage "token generation events," or TGEs. In the old days, stocks were sold by investment banks to clients lucky enough to get an allocation. Nowadays, hot projects just airdrop the