BTC price taps $58K as vital Bitcoin bull market trendline reemerges

Author David Birch says a number of digital assets will arise to challenge the dollar as the dominant world currency. According to David Birch, fintech guru and author of “The Currency Cold War”, if the U.S. doesn’t ramp up its efforts in the digital currency race, the global dominance of the dollar might soon be…

Speaking at the BlockDown 2020 conference, the chief executive and founder of leading cryptocurrency exchange Binance, Changpeng Zhao (CZ), shared his outlook for crypto assets amid the current global climate of economic uncertainty.BlockDown 2020 is a two-day conference being held from April 16 to 17. The event is being held virtually in response to the…

New York-based research company Fundstrat Global Advisors has released its 2019 crypto outlook on Friday, Feb. 8. The analysts describe incremental improvements that will purportedly support higher prices for cryptocurrencies.Tom Lee, Fundstrat’s co-founder and pro-crypto Wall Street analyst, commented on the study in his Twitter. He posted an introduction to the study and infographics that…

The Japanese Financial Services Agency (FSA) is considering placing cryptocurrencies into a new legal category called “crypto-assets,” Cointelegraph Japan reported Dec. 15.By classifying cryptocurrencies like Bitcoin (BTC) this way, the government reportedly “hopes that traders will no longer purchase them believing that they are legal tender recognized by the government.”On Friday, an FSA advisory panel…

Coinshares is teaming up with MintGreen to recycle heat waste from Bitcoin mining. 2401 Total views 9 Total shares Sustainable crypto mining firm MintGreen has completed its seed investment round, with top digital asset manager CoinShares leading the round.A portion of the funds will likely be used to support two pilot projects intended to showcase…

In another reality, Bill Noble would be just another guy in a suit behind a big desk at the Fed or the SEC, probably murmuring negative incantations like “crypto is bad.”He’s certainly got the track record for it: JP Morgan, UBS, Morgan Stanley, Goldman Sachs. But that’s Noble in an evil mirror dimension. In our…

Australia’s cryptocurrency industry banking woes will likely continue, with the government and major banks signaling no intention to back down against scams that “touch” crypto.During a panel at the Australian Blockchain Week on June 26, Sophie Gilder, managing director of blockchain and digital assets at Commonwealth Bank (CBA) shed light on the bank's restrictions on…

The rollout of new identity management platforms and a pivot toward DeFi appear to have triggered a 450% in the price of SelfKey. 3776 Total views 22 Total shares Data has become one of the most valuable resources on the planet and its analysis, collection and monetization have helped companies like Google and Facebook achieve…

Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million. Crypto mining firm Core Scientific has announced an agreement with lending company Celsius Network to settle a legal battle which had been ongoing for months.In a