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“# Bitcoin breaches $14,000 on election day, up 1,900% compared to 2016 ” The price of Bitcoin (BTC) rose by more than 2% in two hours to briefly top $14,000 as the polls were starting to close across many U.S. states on Nov. 3. At the time of writing it was just under the key…
“# Layer1 co-founder takes former business partner to court ” Jakov Dolic, co-founder of the U.S.-based Bitcoin (BTC) mining company Layer1, has filed a lawsuit against his former business partner, Alexander Liegl. According to court documents filed on October 30, Dolic claimed that Liegl had ultimately failed to raise funds for the company. As a…
“# Investors fight to keep Bancor securities case out of Israeli court ” Lawyers representing investors in a class action against BProtocol Foundation, parent company of decentralized liquidity network Bancor, have asked for the case to be tried in the United States rather than Israel. According to court records filed Nov. 2 in the U.S….
“# Bitcoin whales tread water and hodl despite recent BTC price drop ” The price of Bitcoin (BTC) is experiencing a volatile time. After achieving $14,100 for the first time since 2017, a sharp pullback followed. Yet, key on-chain data and whale clusters show that high-net-worth individual investors are holding onto their positions. This trend…
“# China’s digital yuan is ‘a long way’ from beating USD says financial firm exec ” David Roche, president and global strategist at Independent Strategy, believes that China’s digital yuan has “a long way” before it will become able to challenge the U.S. dollar as a reserve currency, CNDC reports Nov. 2. According to Roche,…
“# Vitalik Buterin ventures three reasons why prediction markets are pro-Trump ” On the eve of the United States presidential election, most mainstream polls are pointing to a highly likely Joe Biden victory, though this isn’t reflected in crypto prediction markets. For Ethereum co-founder Vitalik Buterin, the “big difference” between them presents something of a…
“#Record number of American children tested positive for COVID-19 last week” More than 61,000 American children tested positive for coronavirus last week — the highest amount of any seven-day span since the pandemic began, new data shows. The number of new cases among children was reported by the American Academy of Pediatrics and the Children’s…
“# Ripple, PayPal, and Twitter join coalition calling for fair elections ” Blockchain-based payments firm Ripple has joined a non-partisan group of companies working to ensure access to fair voting in the United States. According to a Nov. 2 tweet from Ripple, CEO Brad Garlinghouse has joined Twitter CEO Jack Dorsey and PayPal CEO Dan…
“# SEC votes to simplify exempt offering rules for securities ” The U.S. Securities and Exchange Commission voted to amend a set of rules to simplify and improve the “overly complex” procedures for exempt securities offerings. According to a Nov. 2 announcement from the SEC, the proposed changes aim to “harmonize, simplify, and improve” the…
“# Google searches for Bitcoin are on the rise in Cuba ” Cuba is apparently seeing an influx of Bitcoin (BTC)-related activity as Bitcoin interest is on the rise in the country. According to data from Google Trends, Cuba now ranks second in terms of Bitcoin interest over the past 30 days. The island nation…