Ethereum ‘poised to benefit’ most from Trump win: Consensys CEO
Donald Trump’s election win is especially bullish for Ethereum, which has been held down by the SEC, says Consensys CEO Joe Lubin.
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Money 20/20: Experts Debate Whether Blockchain Will Replace Current Payment Systems
At the Money 20/20 conference in Las Vegas today Oct. 22, experts in the blockchain field debated the future of the technology and its potential effects on how payments are conducted.Ripple’s Chief Technology Officer David Schwartz and FIS Payments Senior Vice President of Product Strategy Esther Pigg offered competing visions of whether blockchain will benefit…
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Stablecoin issuers hold more US debt than Berkshire Hathaway: Report
Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s Berkshire Hathaway. 220 Total views 7 Total shares Stablecoin issuers like Tether (USDT) and Circle have accumulated a significant share in the United States Treasury market, outperforming major traditional finance…
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Bitcoin reserve may end up a ‘potent political weapon’ — Arthur Hayes
Creating a national stockpile of Bitcoin or cryptocurrency would turn any crypto held by the government into a “political weapon,” Maelstrom’s Arthur Hayes said.
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Beware Fake Ransomware Decryption Tools
Creators behind Zorab ransomware launched a fake tool that double-encrypts files affected by the attack. 1944 Total views 40 Total shares As free ransomware decryptor tools begin to enter the market, a wave of fake software that claims to decrypt ransomware-affected files has begun to proliferate.According to a report released by Bleeping Computer on June…
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Shiba Inu and Chiliz jump 33% and 26% on Coinbase Pro listings
Memes and fan tokens were the order of the day after a Coinbase Pro listing sent SHIB and CHZ to significant gains. 1427 Total views 4 Total shares The token prices of Shiba Inu (SHIB) and Chiliz (CHZ) jumped 33% and 26% respectively on Wednesday, following the announcement of the pair’s listing on Coinbase Pro.Inbound…
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Bitcoin price clings to $22K as investors digest the recent SEC actions and CPI report
After twenty days of holding the $22,500 support, Bitcoin (BTC) price finally broke down on Feb. 9. Bullish traders had placed their hope on a sustained rally, but this has been replaced by a tight trading range with resistance at $22,000. The downtrend is even more concerning since the S&P 500 is trading near its highest…
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Is Technical Trading in Cryptocurrency Markets Profitable?
In two recent studies, I investigated the technical trading rules in the cryptocurrency market and profitability of technical trading rules among cryptocurrencies with a privacy function.In our first study, we collected daily price data on eleven cryptocurrencies for the period Jan. 1, 2016 to Dec. 31, 2018. Our sample consisted of cryptocurrencies exhibiting the highest market…
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Bitfarms purchased more than $43M in Bitcoin to start the new year
“Our guiding company strategy at Bitfarms is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of time for the benefit of our shareholders,” said founder and CEO Emiliano Grodzki. 1115 Total views 31 Total shares Canadian crypto mining firm Bitfarms has already bought 1,000 Bitcoin in 2022, making its…