Bitcoin volatility drops amid decline in liquidity, but a possible catalyst is approaching

“Not that long ago, even the idea of BTC Reserve held and supported by a federal government was a revolutionary idea,” a blockchain regulatory expert told Cointelegraph. 4219 Total views 1 Total shares The widespread disappointment surrounding the US Strategic Bitcoin Reserve — hailed as a historic step for Bitcoin adoption — suggests unrealistic investor

Major global tech giant IBM has applied for another blockchain patent, this time aiming to deter augmented reality (AR) game players from intruding on undesirable locations. The tech firm’s latest patent document was released by the U.S. Patent and Trademark Office (USPTO) on Thursday, Nov. 1.In the patent, IBM, also known as Big Blue, describes…

Germany’s government has approved a blockchain strategy that aims to prevent stablecoins from becoming alternative currencies and threatening state sovereignty.Reuters reported on Sept. 18 that Chancellor Angela Merkel’s cabinet passed the strategy earlier today, in an apparent bid to mitigate the risks posed by the forthcoming Libra cryptocurrency from social media giant Facebook.We will not…

CCI CEO Sheila Warren said that there was “a very tight window” to pass the crypto bill given the possible change in leadership following the 2022 Midterm Elections. 426 Total views 21 Total shares Sheila Warren, CEO of the Crypto Council for Innovation, said the Digital Commodities Consumer Protection Act currently being considered by U.S.…

Scott Beck, the CEO of United Texas Bank, claimed that stablecoin issuers like Circle were “effectively sucking deposits out of the banking industry.” 111 Total views 3 Total shares Scott Beck, chief executive officer of United Texas Bank, called on members of the state’s blockchain working group to recommend policy for leaving stablecoins to banks…

Daniel Larimer, the CTO of blockchain company and EOS developer Block.One, has plans to develop a new cryptocurrency side project, he said in Telegram messages Nov. 28.Larimer, also known as BM in developer circles, gave only vague information about plans for a “hypothetical token,” which would be “immutable, non-programmable, and limited to a currency role.”The…

Friday, Oct. 4 — The top-20 crypto markets are solidly in the green, with just a few reporting mild losses, according to data from Coin360. Bitcoin (BTC) has been trading sideways after its slump from $8,400 to $8,100.Market visualization. Source: Coin360The price of BTC has remained in a narrow corridor between $8,009 and $8,314 today,…