Bitcoin’s Taproot Privacy Tech Is Ready – But One Thing’s Standing In The Way
Bitcoin could get better privacy with Taproot, but there’s one big obstacle – it can’t be deployed until another technology goes through.
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Bitcoin Could Retract to $36K Before Uptrend Resumes, QCP Capital Says
The January launch of a bitcoin (BTC) spot exchange-traded fund (ETF) is expected to face subdued demand initially, which could lead to a ‘sell the news’ scenario, Singapore-based QCP Capital wrote in a recent note. This could result in short-term volatility for bitcoin, which will shift the focus towards ether (ETH).“It is likely that the
Cryptocurrency Not Proven Safe Haven Says Investor Mark Mobius
news Mark Mobius, major investor and founding partner of Mobius Capital Partners, is still bearish on cryptocurrencies and blockchain technology… with some caveats. Speaking on CNBC’s The Squawk Box this morning concerning emerging markets and safe-haven asset classes, Mobius said cryptocurrencies, like fiat, are backed by faith and only hold utility as far as others…
Active Bitcoin Addresses at Highest Since 2017’s $20K Price Record
Oct 23, 2020 at 14:20 UTCMany active addresses. (ninita_7/Pixabay)Active Bitcoin Addresses at Highest Since 2017’s $20K Price RecordActive user participation in Bitcoin’s network has accelerated to levels last seen in December 2017, when the cryptocurrency printed record highs near $20,0000. The number of active entities, or clusters of addresses controlled by a single network participant,…
New Jersey Moves Closer to Crypto License With Introduction of Senate Bill
Nov 9, 2020 at 08:55 UTCUpdated Nov 9, 2020 at 08:56 UTCNew Jersey State House (Henryk Sadura/Shutterstock)New Jersey has inched closer to implementing a cryptocurrency license similar to the “BitLicense” mandated in neighboring New York since 2015.Sponsored by Senator Nellie Pou (D.-35), a bill known as the "Digital Asset and Blockchain Technology Act" was introduced to…
Hackers Just Stole Another $180K in Ether From Cryptopia Exchange
news Hackers apparently still have control over New Zealand-based cryptocurrency exchange Cryptopia. Blockchain data analytics firm Elementus said in a blog post Tuesday that Cryptopia’s hacker, after going quiet for some days, has stolen an additional 1,675 ether from 17,000 wallets – an amount worth about $181,000 at the time of writing. While initially it looked…
Here’s How Quickly Gary Gensler Could Lose His SEC Chair Gig Under Trump
One of President-elect Donald Trump's many promises — to fire Gary Gensler and appoint a new chair of the U.S. Securities and Exchange Commission — could happen as soon as Jan. 20, the day of his inauguration. Gensler, for example, took office less than 11 weeks after being appointed by President Joe Biden on Feb.
Neal Stephenson’s Metaverse Vision Is One Step Closer as Lamina1 Blockchain Launches Betanet
Metaverse focused blockchain Lamina1 has launched its betanet and Hub for developers and creators.Lamina1 CEO Rebecca Barkin told CoinDesk that they are "not far" from mainnet launch and aiming to put out a product that can be used more broadly and publicly by early next year.Lamina1, the metaverse-focused layer-1 blockchain co-founded by science-fiction writer Neal…
First Mover: ‘Boring’ Bitcoin Shrugs Off Twitter Hack as Stablecoins Co-Opt Satoshi’s Dream
Jul 16, 2020 at 12:56 UTC(Kon Karampelas/Unsplash)First Mover: ‘Boring’ Bitcoin Shrugs Off Twitter Hack as Stablecoins Co-Opt Satoshi’s DreamIn a paradoxical twist, bitcoin’s price, which is denominated in dollars, has become unusually stable in recent weeks, prompting some Twitter users to joke that it’s trading like a stablecoin. “It’s surprising to see bitcoin be so boring…