Bitcoin traders eye key levels as US jobs shock sends BTC price past $71K

Ethereum Classic Labs incubator officially announced its accelerator program to promote the development of products based on the Ethereum Classic network.On July 28, Ethereum Classic Labs published a blog post to provide details about Ethereum Classic Labs Accelerate, a program for funding and educating blockchain firms and communities that are creating products and services on…

The anti-crypto United States Congressman Brad Sherman (D-CA) has been elected to serve as Chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets.On Dec. 5, Chairwoman of the House Financial Services Committee Maxine Waters (D-CA) announced that Sherman was elected to take up the position of Chair at the subcommittee that oversees the…

MSTR declined by as much as 12.6% on Monday as Bitcoin pulled back sharply from $40K levels. Shares of MicroStrategy (MSTR), a business intelligence firm with considerable exposure to Bitcoin (BTC), declined sharply on Monday, as profit-taking ensued following a parabolic rally over the past month. The stock touched an intraday low of $464.51 in New…

The XC platform could operate domestically using tokenized assets, including deposits, with or without CBDCs. 94 Total views 1 Total shares The International Monetary Fund (IMF) has presented the outlines of a “new class” of cross-border payment system that provides but does not require a single ledger to record central bank digital currency (CBDC) transactions,…

Grayscale Investments has added 19,879 BTC to its Bitcoin Trust in the last week, purchasing Bitcoin faster than the tokens can be mined. 1696 Total views 23 Total shares Grayscale Investments has purchased almost half a billion dollars in Bitcoin since the May block reward halving, and this week bought BTC around three times faster…

The Tron Foundation is pushing back the Warren Buffett Lunch and press conferences to an unspecified date.According to an official Twitter post, Justin Sun — who successfully procured the lunch with Buffett by winning the affiliated charity auction —  is currently out of commission due to kidney stones, and associated parties have agreed to reschedule…

The leading Japanese bank plans on establishing a crypto subsidiary outside of Japan and will acquire about 100 personnel to work in the digital asset space. 559 Total views 29 Total shares The largest investment bank in Japan, Nomura, is set to establish a new subsidiary company to help institutional clients invest in cryptocurrency and…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekStock-to-flow creator doesn’t think Bitcoin’s bull market is doneBitcoin’s price seems to…

The German-speaking world has seen another week of events in the crypto industry, with a new survey revealing that 27% of Germans are interested in using Facebook’s planned Libra stablecoin, which has been discussed all over the world since its announcement in June 2019. Despite existing criticism of Libra, global regulators do not plan to…