The lesson of El Salvador’s failed Bitcoin experiment
The revolution is dead in El Salvador. It’s a lesson for developing nations who aim to seek out economic autonomy by making crypto legal tender.
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Bitcoin open interest mimics Q4 2020 as new report ‘cautiously optimistic’ on BTC rally
An allusion to the start of this year’s bullish progress comes as $40,000 refuses to go quietly as resistance. 766 Total views 108 Total shares Bitcoin (BTC) futures open interest is mimicking the start of the BTC price bull run, data shows.As BTC/USD hovered near $40,000 on Thursda, a fresh bullish report from Stack Funds…

This Bitcoin mining company’s stock is in free fall following Q3 loss
The third quarter was tough for mining rig manufacturers as the impact of COVID-19 continued to weigh heavy. 1846 Total views 14 Total shares The stock of one of China’s "Big Three" mining firms is in free fall Monday after reporting another quarterly loss, underscoring the operating challenges imposed by COVID-19.Canaan Creative, which manufactures mining…

Binance-owned Trust Wallet adds buy option via Binance Connect
Binance's self-custodial crypto wallet Trust Wallet aims to enable buying more than 200 digital assets with 40 fiat currencies via Binance Connect, formerly known as Bifinity. 517 Total views 5 Total shares Trust Wallet, a major self-custodial cryptocurrency wallet owned by the Binance crypto exchange, has completed a significant integration to enable easier crypto purchases.The…

Pro-crypto Republicans win House seats as majority control still TBD
Jeff Hurd and Scott Perry, both in favor of FIT21, won close elections against their Democratic rivals for House seats in Colorado and Pennsylvania.

How Cointelegraph Team Is Coping With the Coronavirus Crisis All Over the World
The coronavirus pandemic has been changing the global economy, our lifestyle, our ways of interacting with each other and our vision of the future. The Cointelegraph team keeps working from home offices, and all the events we planned to participate in have been canceled. But there is still a lot that is happening in the…

Crypto trading firm Amber valued at $3B after big Singaporean investment
Amber Group secured a $200 million investment which has resulted in a 3x increase in its valuation since last summer. 271 Total views 4 Total shares Crypto finance service provider Amber has landed a valuation of $3 billion following a funding round led by Singaporean state-owned investment firm Temasek Holdings. Amber Group was able to raise…

Digital ruble is ‘highest form of money’, Russian Bitcoin critic says
The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted. 2754 Total views 16 Total shares Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, believes that the country’s not-yet-launched digital currency is the “highest form of money.”In a…

ISIS Turns to Blockchain-Based Messaging App Following Telegram Ban
Terrorist organization ISIS has turned to blockchain technology to anonymously spread videos and propaganda to thousands of people worldwide.A Vice report on Dec. 13th noted that experts who track ISIS’s activities online have found that supporters of the terror group are currently experimenting with blockchain-based messaging app, BCM. On the subject, a BCM spokesperson told…