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“# Millennials will boost Bitcoin adoption for years to come: BlockFi CEO ” Millennials, a generation beleaguered by student debt, low pay and a lack of savings, can rewrite their financial narratives using Bitcoin (BTC) and cryptocurrency according to a panel discussion at this year’s BlockShow summit in Singapore. That was the key takeaway from…
“# Crypto gift ideas for the Christmas fan in your life ” As we find ourselves already knee-deep into December, it has become increasingly difficult to ignore that certain festive je ne sais quoi that always seems to permeate the air during this time of year — yes, even in this globally most horribilis of…
“# Bulls abandon ship as a $93M Bitcoin options imbalance favors BTC bears ” On Dec. 11, a total of $540 million in Bitcoin (BTC) options open interest is set to expire. This number mimics the past month’s $525 million options expiry, as monthly and quarterly options typically concentrate the most volume. Although both dates…
“# “Every downturn in history has ended in an upturn,” says Acorns CEO ” Investing app Acorns aims to help people grow their savings and wealth, but how does inherent market risk factor into the equation? CEO Noah Kerner gave his thoughts on that question at a recent BlockShow panel. “We send this message to…
“# Bitcoin book breaks into the top 3 on Amazon’s macroeconomics ” A new book on Bitcoin (BTC) has catapulted into the top-3 on Amazon’s macroeconomics bestseller list, offering more evidence that digital assets are piquing peoples’ interest. Released on Dec. 2, 2020, “Bitcoin: Hard Money You Can’t F*ck With: Why bitcoin will be the…
“# France moves to ban anonymous crypto accounts to prevent money laundering ” French financial authorities are strengthening the country’s cryptocurrency regulations in a move to prevent illicit activities like money laundering and terrorism financing. On Dec. 9, several ministries in France jointly introduced an order aiming to prevent anonymous digital asset transactions by banning…
“# ‘Not a good signal’ — Bitcoin miner sell-off risk hits highest in 3 years ” Bitcoin (BTC) miners appear to be selling large amounts of BTC once again. Data from CryptoQuant shows that the BTC Miners’ Position Index — a metric tracking the ratio of BTC leaving miners’ wallets — achieved a three-year high….
“# Circle CEO joins appeal against US Treasury self-hosted crypto wallet ban ” Jeremy Allaire, CEO and co-founder of peer-to-peer payments firm Circle, sent a letter to senior staff of the United States Department of the Treasury on Dec. 9, appealing for regulators to collaborate with the industry in adopting crypto regulations. Allaire warned U.S….
“# Bitcoin undervalued sub-$20K, says new report as BTC mimics 2017 bull run ” Bitcoin (BTC) investors have “not long” to accumulate before a continuation of the bull run past $20,000, a new report says. Released on Dec. 10, the Weekly Report from Asian crypto fund provider Stack Funds predicts that one indicator in particular…
“# Bitcoin will gain from distrust in traditional finance, says bank strategist ” Bitcoin (BTC) poses a significant threat to the world’s reserve currency, the United States dollar, according to a strategist at major American investment bank Morgan Stanley. Ruchir Sharma, chief global strategist at Morgan Stanley Investment Management, believes that the dollar’s reign is…