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“# Bitcoin’s 2020 explosion is not the 2017 bubble again ” Bitcoin’s (BTC) recent volatile price corrections might conjure up images of the 2017 crash in your mind, or maybe even the crash caused by COVID-19 back in March of this year. But the fact that Bitcoin has reached $20,000 for the first time in…
“# Malta’s ‘blockchain island’ strategy falters as banks refuse to play ball ” Malta’s Finance and Employment Minister, Clyde Caruana, has revealed that the nation’s plan to become a “blockchain island” is floundering due to the unwillingness of local banks to work with innovative firms. Speaking to local media outlet Lovin Malta, Caruana noted that…
“# Bulls buy the dip again after Bitcoin price rejects at a key resistance level ” For the second day in a row, Bitcoin bulls have attacked the $19,500 level in an attempt to flip the crucial level from resistance to support. Each attempt to overcome the resistance is has been rejected near $19,550 but…
“# DeFi tokens rally while Bitcoin bulls attempt to flip $19.5K to support ” The world’s negative-yielding debt has soared to over $18 trillion according to Bloomberg. In such times, it is no surprise that the decentralized finance space, a place where mouth-watering yields can be found, has become an investor favorite. Due to high…
“# Sean Ono Lennon sells NFT art piece for $3K in crypto ” Sean Ono Lennon, a British-American musician, songwriter, and producer, has auctioned a tokenized digital illustration on NFT marketplace, Rarible. According to Rarible data, Lennon sold a piece entitled “Etharian 1” on Dec. 14 for 5.5 wrapped Ether (WETH), worth about $3,200 at…
“# The Giving Block and Cointelegraph to host first ‘Crypto’s Biggest Brain’ trivia contest ” Want to flex your crypto brain power while supporting charities over the holiday season? The Giving Block and Cointelegraph will host the first Crypto’s Biggest Brain trivia tournament on Friday, December 18 at 7pm ET. The tournament brings together key…
“# Fidelity-backed crypto trading platform OSL secures license in Hong Kong ” OSL, a major digital asset platform in Asia and a unit of Fidelity-backed BC group, has been officially licensed by the Securities and Futures Commission of Hong Kong. According to a Dec. 15 announcement, the new license allows OSL Digital Securities to operate…
“# Mt. Gox trustee files draft rehabilitation plan ” On Dec. 15, Mt. Gox’s trustee Nobuaki Kobayashi filed a draft rehabilitation plan to refund Mt. Gox users. According to an official announcement posted on Mt. Gox website, the Tokyo District Court and an examiner will review the draft rehabilitation plan and determine whether to proceed…
“# Investigation traces scam Bitcoin celeb ads to Moscow ” A major Bitcoin (BTC) ad scam involving unauthorised images of Australian celebrities who seemingly promoted fake investment schemes is allegedly coming from Russia, according to a new report. Fraudulent Bitcoin ads capitalizing on Australian celebrities like Dick Smith and Andrew Forrest are part of an…
“# Italian Banca Generali to debut crypto services next year ” Major Italian private bank, Banca Generali, is planning to introduce cryptocurrency services in 2021. According to a Dec. 15 announcement, Banca Generali has entered a corporate and commercial partnership with Conio — a fintech company providing traditional financial institutions with solutions for managing digital assets…