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“# Bitcoin is the ‘wrong price for the possibilities it has,’ says Paul Tudor Jones ” Legendary investor Paul Tudor Jones has likened Bitcoin (BTC) to precious metals, and other cryptocurrencies to industrial metals, in terms of use case — a clear indicator of where he thinks the market is headed over the next 20…
“# This bull market is different because people already know about crypto, Celsius CEO says ” Google searches for Bitcoin (BTC) appear to be far less popular today than they were when the asset achieved its previous all-time high in December 2017. “2017 was all about hype and first-time users jumping in to try to catch BTC…
“# Yearn.finance mergers and sideways Bitcoin price propel DeFi tokens higher ” Yearn.finance has been busy announcing a slew of mergers in the past week and these have the DeFi space buzzing once again. Just after the Yearn and Pickle finance merger, Yearn has announced a partnership with Cream to launch Cream v2. Some of…
“# Audio streaming giant Spotify is looking into crypto payments ” Spotify, one of the world’s largest streaming audio providers, is looking for candidates with a crypto background to fill a new role at the company. According to a recent job post, the company is looking for an outstanding associate director to join its payments strategy…
“# Bitcoin arrives on Wall Street: S&P Dow Jones launching crypto indexes in 2021 ” S&P Dow Jones Indices (S&P DJI), a joint venture between S&P Global, the CME Group and News Corp, will debut cryptocurrency indexes in 2021, it has confirmed. In a press release on Dec. 3, S&P Dow Jones Indices described Bitcoin…
“# Bitcoin is the ‘ultimate anti-lockdown investment,’ says Nigel Farage ” The United Kingdom Tory Party’s nemesis, Nigel Farage, has gone “full crypto.” On Nov. 27, Farage sat down for a video interview to discuss all things crypto with Sam Volkering, the editor of Southbank Investment Research, which is, notably, the publisher of Farage’s recently…
“# 95% of Ripple’s customers are not from the US, CEO Garglinghouse says ” As Ripple reportedly prepares to relocate its headquarters outside of the United States, it turns out that only 5% of the company’s clients are based in the country, according to the firm’s CEO. On Dec. 2, Ripple CEO Brad Garlinghouse sat…
“# Roll-ups to preserve Ethereum’s DeFi monopoly despite competitors: Messari ” Crypto data aggregator Messari believes that roll-ups will beat out Layer 1 solutions in the race to scale Ethereum. Although Eth2’s beacon chain genesis successfully took place on Dec. 1, analysts predict the upgrades spanning the Ethereum 2.0 overhaul will not be completed until…
“# The Australian Senate just voted to kill the $10,000 ‘cash ban’ bill ” A bill proposed by Australian lawmakers to ban the use of cash for transactions over $10,000 has been killed by a unanimous Senate vote. One Nation Senator Malcolm Roberts brought the motion to remove the bill today after more than a…
“# Bitcoin price consolidates as traders contest the $18.2K to $19.5K range ” After an impressive run to a new all-time high on Dec.1, Bitcoin (BTC) price appears to have entered a short consolidation phase as the price ranges between $18,200 and $19,500. The 1 and 4-hour charts show the price compressing into a pennant-like…