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“# 3 ways the next altcoin bull cycle will vastly differ from 2017’s ” A recent report from CoinMetrics suggests that when a new altseason starts it will play out in a way that is vastly different from the market of 2017-2018. According to the authors of the report, the arrival of institutional investors and…
“# Bitcoin whitepaper fight could end up in court as both parties escalate drama ” The unfolding drama surrounding the ownership of the Bitcoin (BTC) whitepaper could very well make its way to the courts, after both sides embroiled in the dispute told Cointelegraph they’re ready to “go all the way.” On Jan. 21, the…
“# As DeFi booms, Ethereum’s blockchain competitors are catching up ” Ethereum is not the only blockchain platform seeing a significant increase in value as the decentralized finance space continues to move in tandem with the booming cryptocurrency ecosystem. The new year has continued to be good to the DeFi space, evident in the sheer…
“# Bitcoin becoming a cyclical asset, not a hedge, according to JPMorgan strategists ” The Bitcoin (BTC) bull market has put the flagship cryptocurrency on par with cyclical assets as opposed to a hedge against market stress, according to analysts at JPMorgan Chase. JPMorgan strategists John Normand and Federico Manicardi say anyone betting on Bitcoin…
“# Access denied: Banks seem prone to cryptophobia despite growing adoption ” From refusing to bank crypto trading desks to closing accounts held by platforms, the mainstream financial sector appears to be putting up roadblocks to seamless cryptocurrency commerce. Without banking support, exchanges are often forced to depend on other fiat on-ramps to service the…
“# Top Russian bank Sberbank plans to launch its stablecoin by spring 2021 ” Sberbank, the largest state-owned bank in Russia, has reportedly filed an application with the Bank of Russia to launch a blockchain platform for its “Sbercoin” stablecoin. Sergey Popov, director of the transaction business at Sberbank, announced the news on Jan. 21…
“# Is Bitcoin headed for a deeper correction? Watch these levels if $30K breaks ” Bitcoin (BTC) has seen a massive surge in the past two months, in particular, as institutions jumped into the new asset class. The latest is Blackrock, announcing interest in trading in Bitcoin futures while Grayscale continues to scoop up BTC at…
“# Older investors are getting into crypto, new survey finds ” Older generations have started recognizing the potential of cryptocurrencies and blockchain in global payment systems, a new survey says. On Jan. 21, digital payment platform Wirex released a special report devoted to the topic of cryptocurrency adoption in 2021. Compiled in partnership with the…
“# BitMEX operator joins digital finance standards and advocacy organization ” 100x Group, BitMEX’s parent company and the holding structure for its platform, has joined Global Digital Finance, or GDF, a major industry association advocating for the adoption of digital assets. As a GDF patron board member, 100x will advocate for a more inclusive and…
“# Craig Wright ultimatum: Take ‘my’ Bitcoin whitepaper down or face lawsuit ” Craig Wright, the Australian computer scientist who claims to be Bitcoin inventor Satoshi Nakamoto, has threatened legal action against the owners of two Bitcoin (BTC) websites whom he accused of stealing his whitepaper and other intellectual property. As announced on Jan. 21, Bitcoin.org along with…