Bitcoin price recovery driven by growing US financial concerns
Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US
Related Posts
Cyprus’ finance ministry recommends ‘capacity building’ for crypto
Cyprus’s finance ministry stressed the need to accelerate its capacity building for the crypto industry. Cyprus is moving to regulate the cryptocurrency industry, with the country’s finance ministry releasing a national risk assessment on crypto.Published on Dec. 13, the official documentation provides a risk assessment for the Republic of Cyprus regarding money laundering risks related…
Grayscale: BTC Holdings Make Up $1.97B of $2.1B Assets Under Management
American digital asset manager Grayscale announced that out of the firm’s $2.1 billion of assets under management, $1.97 billion resides in its bitcoin investment trust. The firm tweeted the figures on May 28.According to the published data, the bitcoin (BTC) trust is responsible for nearly 94% of the firm’s total assets under management. Meanwhile, the…
Majority of creditors want Hodlnaut liquidated
Only 2.42% of claimants favor restructuring, and they are almost exclusively company directors. Withdrawals were frozen in August. 142 Total views 3 Total shares Own this piece of history Collect this article as an NFTCreditors of Singapore-based cryptocurrency lender have again expressed their desire to liquidate the company, which has been under judicial management since…
Godzilla vs. Kong: SEC faces fierce battle against crypto’s legal firepower
The SEC has decided to take on half the crypto industry at once. That could be a fatal error given the industry’s combined legal firepower.
Quantum computers may soon breach blockchain cryptography: Report
Cryptography experts are somewhat skeptical of the technique's scalability, but aren't ruling out the possibility of success either. 857 Total views 7 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAccording to a recent paper, Chinese researchers claimed to have discovered a novel method to break the Rivest–Shamir–Adleman 2048 bit (RSA-2048) signing…
After Hard Fork, Ethereum Takes Second in China’s Blockchain Rankings
China’s state-backed tech workgroup has released its fifteenth blockchain technology assessment, in which it promoted Ethereum to second place after its recent hard fork.The Center for Information and Industry Development (CCID) released the list on Dec. 6, ranking 35 assets in total.In the latest rankings, EOS kept its top spot, Ethereum moved from third to…
XRP Army Shrinks as Liquidations Passed $263M in 2019
From dwindling numbers of Twitter users in Q1 to large-scale liquidations in 2019, reduced engagement has affected the price of XRP. 969 Total views 37 Total shares According to a quarterly report, online engagement towards XRP on Twitter fell in Q1 2020, while Ripple was forced to liquidate many of its holdings to stay cash…
Popular Ethereum DApp Browser MetaMask to Launch Mobile App Version
The mobile app version of the currently most-downloaded Ethereum Chrome browser extension MetaMask was revealed during Ethereum’s annual Devcon conference Oct. 31, according a tweet from the CEO of ConsenSys Joseph Lubin.Lubin, whose New York-based Ethereum blockchain software firm and incubator ConsenSys has been working on MetaMask since 2016, stated in the tweet:“Everyone's favorite Ethereum…