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“# YouTube’s sleazy decline into scam promotion ” Last weekend, I was watching a sports stream on YouTube. Talented, fearless athletes on the screen, a glass of wine in one hand and a purring cat under the other — you know, those perfect Saturday evenings. If only the stream didn’t keep being interrupted every few…
“# Cointelegraph Consulting: New stimulus checks may push Bitcoin price above $11K ” The latest research by Cointelegraph Consulting suggests that financial stimulus packages bolster the stock market and cryptocurrencies. The first round of checks worth $1,200 were deposited directly into bank accounts on April 11. A week later, the CEO of Coinbase, Brian Armstrong,…
“# Security token trading volume crashed by 60% in September ” Following four months of spectacular growth, security token trade volumes have crashed by nearly 60%. From May through August, monthly volume gains for the sector ranged between 113% and 280%, posting record highs that increased from $998,000, to nearly $22 million, according to Security…
“# Move over S2F — Model creator says ‘90% chance’ BTC never dips below $11K again ” The author behind a valuation model for Bitcoin that’s based on Metcalfe’s Law says the crypto asset will likely be priced around $12,000 by the end of November and reach $1 million within a decade. In an Oct….
“# Tether’s market cap could overtake Ethereum’s next year — Bloomberg report ” A new report predicts Tether could surpass Ether’s market cap by the end of next year, paving the way to mainstream adoption of stablecoins and central bank digital currencies (CBDCs). According to Bloomberg’s Crypto Outlook report for Q4 2020 written by Senior…
“# Retail investors will ‘undoubtedly’ move to Bitcoin, says Fidelity ” Fidelity Digital Assets, the cryptocurrency custody and execution arm of United States financial services giant Fidelity, has claimed in a new report that retail investors will turn their attention to digital currency as they become more familiar with Bitcoin and other crypto offerings via…
“# Blockchain can add $1.76 trillion to global GDP by 2030, says report ” A new PwC study found that blockchain technology through its wide range of use cases will potentially add $1.76 trillion to the global gross domestic product in the next 10 years. It would make 1.4% of the global GDP in 2030….
“# Billionaire UK newspaper owner calls DeFi technology ‘revolutionary’ ” Alexander Lebedev, the owner of U.K. newspapers Evening Standard and The Independent, along with Russian publication Novaya Gazeta, has spoken glowingly of the potential for cryptocurrency and smart contracts to revolutionize finance. In an extensive 1800 word opinion piece published in The Independent on October…
“# Bitcoin decouples from legacy markets as ‘breathtaking’ rally predicted ” A report published by major U.S.-based crypto exchange Kraken has identified signs the correlation between Bitcoin (BTC), the greenback, and legacy markets, is continuin to weaken. Kraken’s September volatility report found Bitcoin (BTC) largely maintaining a negative correlation with the U.S. Dollar Index (DXY)…
“# 800K BitBay users face 2nd unscheduled outage this year ” Estonia-based cryptocurrency exchange BitBay went offline for almost two hours on Monday without explanation. According to a tweet posted by BitBay on Oct. 12, the exchange went down at approximately 4:28 PM (UTC) today before resuming trading at 6:10 PM. BitBay posted an update…