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He believes that investors will eventually send Bitcoin’s price over $500,000. from Cointelegraph.com News https://ift.tt/39xx1yX via IFTTT

A likely "stop-loss run" triggers a one-minute candle to more than $3,000 lower than Bitcoin spot price before a rebound, in extreme volatility. from Cointelegraph.com News https://ift.tt/36l2nqw via IFTTT

AirBit Club's leadership has been gathered in New York City and will face charges for stealing "membership dues" to finance massive marketing events and lavish personal lifestyles. from Cointelegraph.com News https://ift.tt/39AFOQy via IFTTT

The concept of a DeFi ETF sounds promising, but it’s not without pitfalls. from Cointelegraph.com News https://ift.tt/39q5y2c via IFTTT

Cybercriminals may favor a different cryptocurrency in the coming months, however. from Cointelegraph.com News https://ift.tt/2JxYK7y via IFTTT

XRP price must break a key resistance level before $1.00 becomes a real possibility. from Cointelegraph.com News https://ift.tt/3fOKweR via IFTTT

Nobody seems to be in a rush to digitize the euro, but that could change given increasing global competition. from Cointelegraph.com News https://ift.tt/3qfW3bK via IFTTT

Digital currency markets are on a tear this week, as a myriad of crypto assets have seen enormous gains during the last two days. Then finally, on November 30, 2020, the largest blockchain in terms of market cap, bitcoin ( BTC ) surpassed the crypto asset’s 2017 all-time highs (ATH) after crossing the highly anticipated $19,860 zone on Monday morning (EST). The entire cryptocurrency economy has spiked in value considerably and on Monday, November 30, 2020, as there’s over $34 billion in global trade volume. Moreover, out of the 7,500+ crypto-assets in existence, the market valuation is hovering well above the $547 billion zone. Bitcoin ( BTC ) prices have touched a lifetime all-time high surpassing $19,666 per unit (Bitstamp ATH) on Monday, November 30, 2020, by reaching $19,864. The crypto asset is up over 8% during the last 24 hours, 5% for the week, and over 40% during the last 30 days. Bitcoin ( BTC ) chart on November 30, 2020. Data stems from the exchange Bitstamp. 1-day B...

According to data from Bitstamp, the USD price of 1 BTC has eclipsed its previous all-time high of $19,666 set on December 13, 2017. The post Bitcoin Price Hits All-Time High appeared first on Bitcoin Magazine. bit.ly/3f7o14k http://dlvr.it/RmjPxp

Akropolis says calling it a merger “is a bit of a misnomer.” from Cointelegraph.com News https://ift.tt/2JqswLM via IFTTT

Despite 15% gains coming during a weekend, Monday simply delivers more of the same upside for Bitcoin prior to the Wall Street opening. from Cointelegraph.com News https://ift.tt/33ueBvn via IFTTT

Guggenheim’s billion-dollar Marco Opportunities Fund (MOF) may seek indirect exposure to BTC through the investment of 10% of its net asset value into Grayscale’s BTC Trust (GBTC). The investment (when complete) means MOF will have committed as much as $497 million into the GBTC. In a November 27 amended prospectus filing with the U.S. SEC, Guggenheim explains the rationale for seeking indirect exposure to BTC . According to the explanation, Guggenheim’s MOF wants to achieve its investment objective by “investing in a wide range of fixed-income and other debt and equity securities.” This includes exposure to cryptocurrencies which the fund’s management believes will “offer (an) attractive yield and/or capital appreciation potential.” Still, in the same filing, the investment company acknowledges the risks associated with investing in cryptocurrencies in general. Consequently, management says the “Fund’s exposure to cryptocurrency may change over time.” Also, as regulators zero i...

Ian Rogers, newly appointed as a chief experience officer at Ledger, says digital assets are moving from “science fiction” to the mainstream. from Cointelegraph.com News https://ift.tt/3olsSCD via IFTTT

Gold outflows are rising as Bitcoin rallies due to heightened buyer demand from institutional investors. from Cointelegraph.com News https://ift.tt/3qgKnWu via IFTTT

Bitcoin recovers above $18,500 over the weekend, but the giant BTC futures gap that has now emerged may trigger yet another pullback. from Cointelegraph.com News https://ift.tt/36iKMPV via IFTTT

The Great Reset agenda is trending once again on social media, numerous news outlets, and a variety of online forums. During the last few months, the Great Reset proposal has been pushed worldwide, as it allegedly seeks to create a sustainable economy following the coronavirus pandemic. Meanwhile, a great number of people are skeptical of the reboot proposal, as detractors believe the Great Reset is an assault against capitalism and basic financial liberties. Skeptics Are Speaking Out Against the Great Reset A myriad of individuals and news organizations have been discussing the Great Reset, a proposal that was first introduced by the World Economic Forum (WEF) and the and WEF director Klaus Schwab. News.Bitcoin.com has published a few editorials about the subject and some of the events that are seemingly pushing the Great Reset closer toward reality. Moreover, our newsdesk also looked at the pushback against the reset movement and why people believe the proposal is a steadfast pl...

SINOVATE ’s Incorruptible Data Storage (IDS) dCloud network is providing game-changing decentralised cloud storage to the market – and to do that, the network needs reliable, distributed hardware and dedicated servers which will provide it with the stability and longevity needed to run this ground-breaking service. 2020 – What a Year for Crypto From rampant COVID-19 market uncertainty, to 350% BTC price appreciation since March, and now to the return of Crypto to the mainstream media spotlight – it’s been a roller-coaster of a ride. As we approach the year end, we have seen innovative responses to the pandemic born from blockchain – the often-touted supply-chain use case has found good application in helping to alleviate the issues resulting from over-subscribed retail and commercial supply chains. Not to mention the use case for distribution of a COVID vaccine, which requires rigorous quality control and traceability, two elements handled succinctly by blockchain application. Per...

The Russian prime minister has outlined the government’s plans to amend existing laws to recognize cryptocurrency as property. This means bitcoin owners will have the legal rights to defend and recoup their cryptocurrencies in court. Russia to Recognize Bitcoin as Property During the government meeting on Thursday, Russian Prime Minister Mikhail Mishustin talked about Russia’s plans for cryptocurrency regulation alongside other initiatives to fight against the spread of the coronavirus pandemic. After outlining several solutions the Russian government has come up with, Mishustin said, “Another solution concerns cryptocurrencies.” He added that “This is a relatively new tool, interest in which is constantly growing.” The Russian prime minister continued: “The government plans to direct the development of this market in a civilized direction so that the owners of such assets can protect their rights and interests, and the creation of shadow schemes would be difficult.” In order to a...

After a week of gloomy headlines and a brutal price dip, traders would do well to think long term. from Cointelegraph.com News https://ift.tt/3fOVX69 via IFTTT

A Canadian publicly held company has liquidated all of its ethereum and monero holdings and put all of the proceeds into bitcoin. The company is led by a well-known poker player and former member of the European Parliament. Cypherpunk Dumps Monero and Ethereum for Bitcoin Cypherpunk Holdings, a Toronto-headquartered company listed on the Canadian Securities Exchange (CSE), announced Thursday that it has increased its bitcoin holdings to 276.479 bitcoins. At the current price, the company now holds about $5 million USD in bitcoin. Cypherpunk Holdings added that this is a net increase since June 30 of 72.979 bitcoins, elaborating: The increase in bitcoin holdings is a result of the full liquidation of positions in monero ( XMR ) and ethereum ( ETH ), as well as the partial use of proceeds from a private placement of $505,000 CAD that closed on August 27th, 2020. Founded in 1995, Cypherpunk Holdings was formerly known as Khan Resources Inc. but the company changed its name in Nove...

Mining difficulty on the network rose by 8.9% today while the hash rate is more than 130 EH/s. from Cointelegraph.com News https://ift.tt/3q6q2mB via IFTTT

Mia the djungarian 'gamble hamster' will power high-stakes marble races with her trusty hamster wheel. from Cointelegraph.com News https://ift.tt/2KIuFCW via IFTTT

The Uniswap rival manages to fend off an attack in a matter of hours. from Cointelegraph.com News https://ift.tt/2JuDcbZ via IFTTT

PRESS RELEASE. Centralized exchanges have been the backbone of the cryptocurrency market for years. They offer fast settlement times, high trading volume, and continually improving liquidity. However, there’s a parallel world being built in the form of trustless protocols. Decentralized exchanges (DEX) require no middlemen or custodians to facilitate trading. Due to the inherent limitations of blockchain technology, it has been a challenge to build DEXes that meaningfully compete with their centralized counterparts. Most DEXs could improve both in terms of performance and user experience. Basically, MoonDeFi has two main elements: Swap and Staking (Farming). And when users participate in any of the above activities, they will receive a certain profit. What is the MoonDeFi Protocol? MoonDeFi is a protocol on Ethereum for swapping ERC20 tokens. Traditionally, token swaps require buyers and sellers to create liquidity; MoonDeFi creates markets automatically. Unlike most exchanges th...

Fast food chains like Burger King and Church's Chicken already accept crypto payments in the South American nation. from Cointelegraph.com News https://ift.tt/33tq3Hw via IFTTT

Ripple Labs Inc. is selling 4 million of its shares in Moneygram, or about a third of its total shareholding in the company. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019. At close on Nov. 27, shares of Moneygram were down 4.8% at $7.42 on the Nasdaq Stock Exchange. However, the stock has soared 260% year-to-date, rising from $2.06 on Jan. 2. Ripple will earn nearly $30 million if it sold its 4 million Moneygram shares at current market prices – an almost 50% gain. However, the sale is still in process. A Ripple spokesperson was quoted by industry publications as saying , “this is purely a judicious financial decision to realize some gains on Ripple’s Moneygram International investment…” The spokesperson added that the sale “is in no way a reflection of the current state of our partnership.” According to a U.S. Securities and Exchange Commission filing on Nov. ...

“I think that the days when folks believed that there’s only going to be Bitcoin, I think, are over,” said Asheesh Birla. from Cointelegraph.com News https://ift.tt/37i4jzx via IFTTT

Bitcoin and a few altcoins have seen aggressive buying at lower levels, which could result in a retest of their recent highs. from Cointelegraph.com News https://ift.tt/36hPw8p via IFTTT

Everyone from the Wall Street Journal to the Queen of England has an eye for Bitcoin in this week's Bad Crypto podcast. from Cointelegraph.com News https://ift.tt/3lo6RRn via IFTTT

With cheap and scalable trustless systems, blockchain tech has the ability to drive industry adoption to a new level. from Cointelegraph.com News https://ift.tt/33unKno via IFTTT

Digital asset markets have recaptured some of the losses taken three days ago, as a great majority of the crypto economy has started to rebound after the market rout. Bitcoin has climbed above the $18k handle once again and a myriad of crypto assets are up between 1-6% during the last 24 hours. After dropping to a low of $16,300 per coin, bitcoin ( BTC ) has rebounded 11.3% to where the price stands today at $18,138 per unit. BTC is still up 33% for the last 30 days, 54% for the last 90 days, and 139% against USD for the last 12 months. Bitcoin’s dominance index, in comparison with the 7,500+ crypto assets’ market caps, is currently just above the 63% handle. The entire crypto-economy on Sunday, November 29, 2020, is hovering around $526.5 billion and there’s roughly $30.50 billion in global trade volume today. The biggest cryptocurrency gains today were captured by zap (ZAP), which is up 71% in 24 hours. The largest losses today stem from carvertical (CV), which is down over 59% o...

The joint report is among the most promising CBDC studies conducted by central bank authorities from Cointelegraph.com News https://ift.tt/39udpM7 via IFTTT

Bitcoin might see a spike in volatility when the new weekly and monthly candles open, especially after a large short-term correction. from Cointelegraph.com News https://ift.tt/3mjLtxX via IFTTT

With bitcoin going through an extended bull-run, scammers and con artists have been on hand to exploit a general fear of missing out (FOMO). Many early adopters of bitcoin became multi-millionaires by simply holding the digital asset. New Scam Tactic Consequently, many bitcoin investment scams have sprung up and millions of dollars have been lost to fraudsters. Although some education and awareness campaigns have helped to expose some of the sinister scam tactics, it appears new and more brazen ones are emerging. One such new tactic implies that investors can buy or own shares in Bitcoin itself, as if it was a corporation. This tactic is for example part of an elaborate plot used by individuals behind an operation called Bitcoin Inc, to con ignorant investors into mistaking the operation for “the real Bitcoin”. In a presentation , the shareholders of “Bitcoin Inc” depict bitcoin as the creation of a privately owned company that came into existence around the year 2010. The timin...

The price of Bitcoin reclaimed $18,000 but traders remain cautious of a weekend bull trap. from Cointelegraph.com News https://ift.tt/2Vc5w5x via IFTTT

The sector has a long way to go in terms of accessibility if DeFi really wants to challenge traditional financial institutions. from Cointelegraph.com News https://ift.tt/3lfOA8V via IFTTT

PRESS RELEASE. NFT (non-fungible token) had been used in the construction of decentralized gaming platforms, issuing proprietary tokens, anti-copy and copyright related issues. It is expected to be a new trend that will attract the attention of investors because of the profits and practical application of blockchain to life. What is Peafarm? Peafarm is a crypto game that applies the practice of the blockchain industry to creating a special product, completely independent and irreplaceable. Peafarm’s network and protocol are not merely creating a miniature society in the game, but it is also creating residual value calculated in digital assets. The traditional concept and approach “Game is an entertaining game” has been transformed by their team into “Game is an area of financial investment”. In simple words, games are now not only entertaining games, but also a place to profitably invest and make money. In the crypto market, this is a truly project that offers remarkable charm and...