Crypto venture capital funding surges to $633M in August rebound

But the statement wasn’t without a few bullish predictions for Bitcoin and Ethereum. 5276 Total views 19 Total shares Billionaire entrepreneur Mark Cuban says the cryptocurrency market is “exactly” like the dot-com bubble of the late-1990s and early 2000s. His statement seems to signal that digital-asset valuations may implode once investor exuberance runs out. “Watching the…

The results of a new study from the Bank of Thailand point to three key considerations for making sure a retail central bank digital currency doesn't adversely impact financial stability. 296 Total views 36 Total shares The Bank of Thailand has published the results of a new study into how to manage the implications of…

As the weekend began Bitcoin (BTC) price traded in a relatively tight range after making a second attempt at $7,000 on April 4. The digital asset surged to $6,988 before pulling back to the $6,800 range for the remainder of the day. As Bitcoin spent Saturday trading sideways, the majority of the top-ten altcoins posted marginal…

The United States Federal Reserve has confirmed a July launch date for its long-awaited instant payments system, seen by some as an alternative to central bank digital currencies (CBDCs) and stablecoins.The instant payment network will settle payments in seconds and can support transactions between consumers, merchants and banks. It does not rely on blockchain technology.It's…

The price of Bitcoin (BTC) has failed to break above the psychological $50,000 resistance going into the weekend and has dropped below the $48,000 level on March 6. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewTone Vays: BTC must close above $50K to resume bull runNow traders are watching whether BTC/USD can break above the $50,000 level…

"We are in a completely different situation in the power market now than when the reduced rate for data centers was introduced in 2016," said Norway's finance minister. 221 Total views 14 Total shares Trygve Slagsvold Vedum, the finance minister of Norway, has suggested the government abolish a scheme that allows crypto data centers to…

Cryptocurrency analytics firm Coin Metrics has closed a Series A funding round worth $6 million.In a blog post on March 26, Coin Metrics said the round was led by Highland Capital Partners and the $6 million investment would be used to grow the firm’s team, expand their product offerings and “provide enhanced coverage of digital…

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2020 has apparently been the year of privacy wallets, as more exchanges onboard KYC requirements. 742 Total views 4 Total shares Elliptic, a leading firm in blockchain analytics, has found major shifts in recent trends in illicit crypto usagPer the firm's Dec. 9 study, the proportion of Bitcoin transactions that the firm has linked to…