Do nation-state Bitcoin reserves align with the original mission of BTC?
Bitcoin’s growing popularity as a state reserve asset does not contradict its original mission, though Satoshi Nakamoto unlikely had such an intention.
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Bitstamp Is Looking Towards ‘Global Expansion’ After Being Acquired by South Korean Investors
On October 29, the cryptocurrency exchange, Bitstamp, was acquired by Belgium-based investment firm NXMH, which in turn, is owned by South Korean media conglomerate NXC Corp.The Luxembourg-registered exchange is now controlled by the same company that bought the majority stake in the South Korean crypto exchange, Korbit, last year, while its CEO remains in office…
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From Positive Regulation to Ponzi Comparisons: What Went On at US Congress Crypto Hearings
July 18 proved to be an important day for the crypto industry, as two separate U.S. Congress hearings centring the matter were held: one by the House Agriculture Committee, and the other one by the House Financial Services Committee. The two stroke completely different tones: while the latter echoed the most conservative sentiments regarding the…
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US Treasury: Blockchain can improve financial system
The US Treasury is especially keen on distributed ledger technology (DLT) for payments, settlement and clearing.
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Pantera says they’re placing a heavier bet on DeFi than the rest of the market
Despite the recent slump, Pantera believes that most of the growth in the next bull cycle will be generated by DeFi. 859 Total views 18 Total shares In an October 6 webinar, Pantera Capital disclosed that their Digital Asset Fund intends to invest more heavily into DeFi assets than the rest of the market. Source: Pantera…
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Libra Must Comply with Anti-Money Laundering Standards: US Treasury
Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering (AML) and terrorism financing standards, according to United States Treasury Under Secretary of Terrorism and Financial Intelligence Sigal Mandelker.Major business news outlet Reuters reported Mandelker’s remarks on Sept. 10.Cryptocurrencies must complyPer the report, U.S. Under Secretary of Terrorism and Financial Intelligence Sigal Mandelker also told reporters…
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Bullish Bitcoin traders better positioned for Friday’s $5.5B options expiry
Bullish Bitcoin options traders expect a hefty profit from Friday’s expiry now that Germany and Mt. Gox wallets have been emptied
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What is a bull trap, and how to identify it?
In trading, a bull trap is a situation where a trader buys an asset believing its price will continue to rise, only to see it fall sharply after reaching a new high. Bull traps occur during periods of market uncertainty or when false information is circulating about a particular asset. It's called a bull "trap"…
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Bitcoin Price Unfazed by 50-BTC Transaction From Satoshi-Era Wallet
Someone, whose identity cannot be unraveled, has sent 50 Bitcoin that was mined back in February 2009 to two different wallets. Considering that the first block of Bitcoin (BTC) was mined in January of the same year, it narrows down the individual to either Satoshi Nakamoto himself or a few other miners who were present…