'FOMO confirmed' — BlackRock Bitcoin ETF clocks biggest trading day in 6 months
ETF analyst Eric Balchunas says the outsized trading volume across BlackRock’s spot Bitcoin ETF is proof that investors are panic-buying Bitcoin as the asset nears its all-time high.
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Bitcoin at $25K: Discount or disaster?
This week, The Market Report discusses Bitcoin’s recent dip below $25,000 and what it means for the near future. Was it a discount or a disaster? 494 Total views 8 Total shares In the latest episode of The Market Report, Cointelegraph analyst Marcel Pechman delves into Bitcoin’s (BTC) latest bounce at $25,000, which some analysts
KYC tools can minimize hassle for US crypto market, FTX CEO says
FTX will now use phone numbers to confirm user's jurisdiction and names in addition to testing new KYC tools. 51 Total views 7 Total shares Ongoing regulatory scrutiny has forced many crypto businesses across the globe to close up shop. Amid this crackdown, the CEO of prominent crypto exchange FTX, Sam Bankman-Fried, has been vocal about…
Much Anticipated Central Bank Digital Currencies Raise Privacy Concerns
Central Bank Digital Currencies, or CBDCs, have been an increasingly popular topic in the cryptosphere and financial world as a whole, especially with the onset of the COVID-19 crisis. In the United States, the need for a universal electronic payment system for stimulus checks gave rise to a proposition for the creation of a digital…
Bitcoin holds $34K as Bloomberg likens $30K support to $4K in 2020 BTC price crash
Bitcoin (BTC) maintained $34,000 support on Wednesday as a rebound from six-month lows showed surprising resilience.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls see 2020 similaritiesData from Cointelegraph Markets Pro and TradingView showed BTC/USD stabilizing on Wednesday after a day of unnerving volatility.At the time of writing, Bitcoin was approaching $34,500 on the back of…
Teller Raises $1M in Seed Funding to Bring Credit Scores to DeFi
Lending startup Teller has raised $1 million in a seed funding round led by Framework Ventures to create a credit score protocol for DeFi. 1682 Total views 21 Total shares Decentralized lending startup Teller has raised $1 million in a seed funding round led by Framework Ventures to build the first algorithmic credit risk protocol…
Japan political party leader promises crypto tax cuts if elected
The tax cut down to 20% is part of Democratic Party for the People leader Yuichiro Tamaki’s broader plan to make Japan a Web3 leader.
Coinbase introduces spot crypto trading for institutional investors outside US
Institutional clients on the Coinbase International Exchange will be able to trade Bitcoin and Ether against USD Coin starting on Dec. 14. United States-based cryptocurrency exchange Coinbase announced that institutional investors on its international exchange can access spot crypto trading services.In a Dec. 13 announcement, Coinbase said institutional clients based outside the U.S. will be
Ethereum layer 2’s will continue to have diverse approaches to scaling — Vitalik Buterin
The Ethereum layer-2 ecosystem is likely to continue evolving with diverse technological approaches, according to co-founder Vitalik Buterin.The co-founder of the smart contract blockchain unpacked the current landscape of Ethereum’s scaling ecosystem on his personal blog, with several layer-2 protocols differing in their approaches to bring greater scaling capacity, lower costs and increased security.As Buterin