Does Bitcoin’s Rally Vindicate the ‘Inflation Hedge’ Thesis – or Is Risk Back on the Menu?
The sharpest part of bitcoin’s rally, after all, has come since Monday, March 13, when it was announced that the floundering Silicon Valley Bank would get a bailout. In a second newsletter this morning, Joe Wiesenthal has changed his mind – “MAYBE YOU DON’T GOTTA HAND IT TO BITCOIN,” he tweeted.
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Mastercard Will Let Merchants Accept Payments in Crypto This Year
The payments giant plans to support digital currency transactions directly on network.Feb 10, 2021 at 8:36 p.m. UTCMastercard Will Let Merchants Accept Payments in Crypto This YearMastercard is planning to give merchants the option to receive payments in cryptocurrency later this year.According to a source familiar with the matter, the functionality will see Mastercard customers’…

SEC Chair Clayton Affirms Agency’s Stance Ether Is No Longer a Security
news The U.S. Securities and Exchange Commission’s chairman has seconded a colleague’s analysis that the world’s second-largest cryptocurrency likely does not qualify as a security. Last year, SEC Director of Corporation Finance William Hinman said during a speech that ethereum, the No. 2 by market cap, did not exhibit the properties of a security. At…

Gaming Company The9 Is Buying 5,000 More Bitcoin Miners
The firm announced its pivot to mining in January.Bitcoin mining equipment(NiseriN/iStock/Getty Images Plus)Feb 5, 2021 at 1:41 p.m. UTCUpdated Feb 5, 2021 at 2:12 p.m. UTCGaming Company The9 Is Buying 5,000 More Bitcoin MinersPublicly traded Chinese gaming company The9 (NASDAQ: NCTY) has inked a deal to buy 5,000 more bitcoin (BTC) mining machines.According to an…

Valid Points: What to Expect When Ethereum 2.0 Undergoes Its First ‘Hard Fork’
Here's what the impending Eth 2.0 hard fork means, and why Ethereum devs are still debating the “Ice Age.”Jan 27, 2021 at 12:30 p.m. UTCValid Points: What to Expect When Ethereum 2.0 Undergoes Its First ‘Hard Fork’Eth 2.0 is looking at its first hard fork this year.The Ethereum Foundation-backed research team is currently organizing schematics…

Copper Claims New Tool Removes Credit Risk From Crypto Trading
May 14, 2020 at 18:01 UTCUpdated May 14, 2020 at 18:26 UTCInfrastructure provider Copper claims its new trading tool solves an obstacle preventing institutional investors from trading more freely in the cryptocurrency space by letting two parties hold on to their assets until just before executing a trade.The London-based firm said Thursday that ClearLoop –…

Ethereum Developers Confirm Plan to Split ‘Pectra’ Upgrade In Two
Ethereum developers agreed on Thursday to split their upcoming hard fork, Pectra, into two packages, in a move to make the massive upgrade less unwieldy and reduce the risk of missteps or bugs. The decision to split up the upgrade wasn't unexpected. Developers had discussed previously that Pectra was becoming too ambitious to ship all

BitGo CEO Says Wrapped Bitcoin’s Critics Aren’t Being ‘Intellectually Honest’ About Their Concerns
BitGo's CEO Mike Belshe defended a recent partnership with BiT Global involving wrapped bitcoin, that has been criticized by some for its proximity to Tron founder Justin Sun. "There is no doubt that the model that BitGo is proposing, how we're going to store the keys, is far superior to anything that Coinbase can or

A Wild Few Minutes Drives Bitcoin Above $35,000 as ETF Excitement Starts to Thaw the Crypto Winter
It was exciting enough for crypto observers when bitcoin (BTC) topped $31,000 on Monday.And then its price went straight up. Late in the day, bitcoin took out $32,000, then $33,000, then $34,000 and finally $35,000 in just a few minutes. Perpetual contracts listed on Binance's exchange almost topped $36,000.The original cryptocurrency was back at levels