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“# ‘We want to be the AWS of crypto,’ says Coinbase exec ” With Amazon Web Services (AWS) being one of the most popular cloud service providers on the planet, it’s no surprise that Coinbase, a cryptocurrency exchange based in the United States, is attempting to capitalize on its success by developing its own cloud…
“#Charlie Munger says China was ‘correct’ to ban crypto” The current market is “even crazier than the dotcom era” and China made the right call when it banned cryptocurrencies, according to Warren Buffett’s right-hand man Charlie Munger. “The dotcom boom was crazier on the valuations even than we have now but overall, I consider this…
“# Crypto community responds to Charlie Munger yelling at Bitcoin again ” As 97-year-old investment veteran Charlie Munger continues scolding cryptocurrencies like Bitcoin (BTC), the crypto community is quick to respond to his latest comments. The vice-chairman of Warren Buffett’s Berkshire Hathaway spoke of crypto at Australia’s investor event, the Sohn Hearts and Minds conference,…
“# Ethereum ‘about to go parabolic’ against Bitcoin as analysts weigh BTC bear case ” Ethereum’s Ether token (ETH) is due to launch a “parabolic” attack on BTC to beat all-time highs, one analyst believes. 2-week predicts “crazy” ETH move ETH/BTC 1-month candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView shows ETH/BTC sitting…
“# Academic research claims ETH is a ‘superior’ store of value to Bitcoin ” Australian university researchers have questioned Bitcoin’s reputation as the best store of value network in cryptocurrency, with Ethereum on track “to becoming the world’s first deflationary currency.” A Nov. 18 paper by four Australian researchers discusses how the EIP-1559 upgrade makes…
“# WazirX, Presearch and Komodo rally after data shows a surge in user activity ” The characteristically volatile nature of the cryptocurrency market is back in full force on Dec. 2 after the optimism of the past couple of days has transformed into fear and Bitcoin price slid back below $57,000. Despite the pressure being…
“# SEC rejects WisdomTree’s application for spot Bitcoin ETF ” The United States Securities and Exchange Commission, or SEC, has officially disapproved asset manager WisdomTree’s spot Bitcoin (BTC) exchange-traded fund (ETF) after deferring on a decision several times this year. According to a Wednesday filing, the SEC rejected a proposed rule change from the Cboe…
“# Victory is for the taking in Friday’s $950M Bitcoin options expiry ” Bitcoin (BTC) price is down this week, and naturally, bears will always find some reversal signal whenever the price shows strength, such as the 8% gain on Nov. 28. Of course, technical analysis is not an exact science, so there is a…
“# Can Bitcoin rally in December? | Tune in now to The Market Report w/ Gareth Soloway ” Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news…
“# Fidelity Canada officially launches Bitcoin ETF and Bitcoin Mutual Fund ” On Thursday, Fidelity Canada officially launched the Fidelity Advantage Bitcoin exchange-traded fund (ETF) and the Fidelity Advantage Bitcoin ETF Fund (mutual fund), marking the first such assets to be made available in the country and confirming earlier reports on the matter. The funds have…