Author: BitcoinInfo.com

Market Wrap: Bitcoin Closes 2020 Near Record Highs – CoinDesk

Market Wrap: Bitcoin Closes 2020 Near Record Highs The Takeaway: Bitcoin nearly triples its price in 2020 and ends the year close to $29,000 but ether gained 450%. Bitcoin (BTC) trading around $28,963 as of 21:00 UTC (4 p.m. ET), gaining 1.5% over the previous 24 hours.

https://www.zacks.com/stock/news/1239885/3-fintech-stocks-that-could-gain-big-from-bitcoins-rebound

KuCoin Review 2021: What is the KuCoin exchange? | Coin Journal

Launched in September 2017, KuCoin is a cryptocurrency exchange that offers a large range of cryptocurrencies and digital assets. Impressively, KuCoin claims that one out of four crypto holders worldwide are with KuCoin, which is testament to the exchange’s reach and rapid growth over the last three years.

VanEck Has Refiled its Application For a Bitcoin ETF. Here’s Why – Decrypt

In brief VanEck has refiled its application for a Bitcoin ETF. Its filing comes just a few days after the SEC chair left. Is the SEC likely to approve its application? Once more into the breach, dear friends! Investment firm VanEck has its submission for a Bitcoin Exchange Traded Fund with the U.S.

The Week’s Top Stories: Stocks Close Out 2020, Vaccines & Return of the 737-Max

From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar. Stocks ended the shortened final week of 2020 mostly up, following a year that saw some of the most volatile swings in memory.

Heavy hitters of crypto call for users to comment on proposed FinCEN wallet rule

2020’s 5 countries friendliest to crypto and blockchain By Cointelegraph As the use of cryptocurrencies continues to spread around the world, a number of countries have established themselves as leaders in adoption. COVID-19 has dominated 2020, and the…

S&P 500 rallies to close the year at a record high

U.S. stocks climbed to a record high on the year’s final trading day amid thin trading.

The Time of COVID: The Biggest Fintech Stories of 2020

2020 was a challenging year for the entire world. The ongoing health crisis surprised everyone as the world dove into a pandemic, pummeling the global economy and impacting everyone. In many respects, Fintech emerged as a beneficiary of COVID-19. Digital transformation of financial services were boosted as lockdowns fueled varius sectors of digital finance.

Wolters Kluwer, a Compliance, Finance, Legal, and Tax Solutions Provider, Enhances UX for PPP Funding

Wolters Kluwer, a company providing information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors, has enhanced the end-to-end user experience for the latest Paycheck Protection Program (PPP) funding va TSoftPlus software and the eOriginal platform.

Ripple's XRP Sees More Delistings – The List so Far

Ripple’s XRP and its uphill battle to recover from the SEC lawsuit driven sell-off. In response to the SEC lawsuit announcement, a number of crypto exchanges and platforms have halted or plan to halt the trading and depositing of Ripple’s XRP. The list continues to lengthen and more will likely join the ever-growing list in the coming weeks.

Representatives pen letter asking for longer comment time for FinCEN rule

Eight members of Congress have sent a letter to the Treasury calling for a longer comment period for FinCEN’s recently proposed wallet rule.

OKEx traders explained how to make money on long-term transactions with cryptocurrencies

According to a ForkLog survey, 43% of respondents make a profit on their cryptocurrency investments in 2020. 60% of readers trade on centralized exchanges, of which 6.9% use OKEx. OKEx is a crypto exchange for traders, miners, and institutional investors. Thus, the site offers to trade spots, futures and perpetual futures and options.

Russian Oil Producer Creates Bitcoin Mining Farm in Siberia | Digital Trends

Gazprom Neft, one of the largest oil producers in Russia, is getting into mining – for Bitcoin, that is. According to a report from Coindesk, the oil drilling giant has opened a crypto mining farm that runs on gas energy. The crypto farm is located in the Khanty-Mansiysk region of northwestern Siberia.

OMNY available at every subway stop, physical cards coming next year

Every bus and subway turnstile in New York City is officially equipped with the MTA’s new tap-and-go fare payment system – and physical OMNY tickets will start being sold next year, transit officials said Thursday. The OMNY readers currently accept payment via contactless credit card or mobile wallet applications like Apple Pay.

Crypto stocks soar amid 2020 bitcoin rally

Galaxy Digital is up nearly 1,000%

Black Rock Is Looking for a New Crypto Executive | Live Bitcoin News

The crypto job sector has seriously grown over the past few years. There is now an unprecedented need for developers, designers and executives in the crypto space, and with a little help from Black Rock – one of the largest investment firms in the world – it looks like things are about to get a whole lot bigger.

Crypto reveals his real identity to Wattson in Apex’s latest lore drop | Dot Esports

“Once someone has your name, they have everything.” Apex Legends dropped another piece of lore before the year is over. A voiced-over recording shows Crypto and Wattson’s attempt to mend their strained friendship following the events of The Broken Ghost. The recording brings major character development for the two legends.

Akon moves ahead with crypto city in Senegal despite skepticism

Senegalese-American R&B singer Akon, known globally for hit songs from the 2000s like “Smack That” and “Don’t Matter,” is moving forward with plans to build a $6 billion in his country of birth. Having finalized an agreement in January of this year, he claims to have raised at least one-third of the funding needed.

5 Top Stock Gainers for Thursday: Tribune Publishing, Celsius Holding

The Dow Jones Industrial Average and the S&P 500 close at record highs on Thursday, the last trading day of 2020. Here are some of the top gainers for Thursday: Shares of Celsius Holdings were rising after S&P Dow Jones said the fitness beverage maker will replace Capri Holdings in the S&P SmallCap 600.

Bitcoin touches record above $29,000, extending 2020 rally

NEW YORK (Reuters) – The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this year amid heightened interest from investors big and small alike. The world’s most popular cryptocurrency touched $29,300 before pulling back, most recently down 0.67% at $28,774.36.

https://www.lexology.com/library/detail.aspx%3Fg%3D24a013eb-4e84-48cb-b882-224b77d47450

https://www.bloomberg.com/news/articles/2020-12-31/tumultuous-2020-rewards-investors-who-stared-down-turmoil

Japanese Tech Giant Earns Crypto License in New York for Yen-Pegged Stablecoin | The Daily Hodl

Tokyo-based tech conglomerate GMO Internet Group has just been authorized by the New York State Department of Financial Services (DFS) to issue stablecoins pegged to the U.S. dollar and Japanese yen. Joining 27 companies that have been granted BitLicenses by the DFS, GMO can now launch its USD-pegged (ZUSD) and JPY-pegged (GYEN) stablecoins, after fulfilling stringent requirements and meeting federal standards for anti-money laundering.

Coinbase Faces Class Action Lawsuit for Selling XRP Tokens | Crypto Briefing

A class-action lawsuit has been filed against Coinbase for the sale of XRP tokens. The plaintiff has alleged that Coinbase knew about XRP’s security status and yet proceeded to profit from its sale. The lawsuit claims that Coinbase is in violation of California’s unfair competition laws.

Colombian Watchdog Says Companies Can Convert Capital to Bitcoin

Big American companies like MicroStrategy have made the headlines this year with their bitcoin (BTC)-buying policies, but companies in Colombia may be set to follow suit – after a corporate watchdog in the nation green-lighted the practice of holding capital reserves in crypto.

SolarWinds Hackers Gain Access To Microsoft’s Source Code

Microsoft admitted Thursday that the suspected Russian government hackers’ presence in its environment went beyond the software giant simply downloading malicious SolarWinds Orion code. “We detected unusual activity with a small number of internal accounts and upon review, we discovered one account had been used to view source code in a number of source code repositories,” the Microsoft Security Response Center wrote in a blog post Thursday.

Polkadot, NEM, VeChain Price Analysis: 31 December – AMBCrypto

The world’s largest cryptocurrency Bitcoin climbed on the charts and headed towards the $29,000 mark and the broader altcoin market followed suit and registered a surge in price. Polkadot was one such example, climbing nearly 12% in the past 24 hours. On the other hand, altcoins VeChain and NEM struggled to maintain positive returns and […]

Bitcoin, stablecoins and DeFi: 2020’s top-performing crypto assets

Bitcoin (BTC) has had a stellar 2020, but how are other top crypto assets faring? Let’s take a look at how some of the top cryptocurrencies by market capitalization performed this . Bitcoin First, Bitcoin has seen a massive gain since Jan. 1, as its price soared from $7,195 to as high as $28,422.

Did Tether dominate the stablecoin market again? Here’s the stablecoin report for 2020 – AMBCrypto

Despite a tumultuous 2020, stablecoins not only managed to stay ahead, but showed considerable growth and industry penetration. From a COVID-induced black swan event to an explosion in DeFi to Bitcoin’s stark price surge, 2020 has been a defining year. Stablecoins, in particular, saw major developments, both in terms of adoption and regulations.

Bitcoin touches record above $29,000, extending 2020 rally

NEW YORK (Reuters) – The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this year amid heightened interest from investors big and small alike. The world’s most popular cryptocurrency touched $29,300 before pulling back, most recently down 0.67% at $28,774.36.

Cash Like Features Of Central Bank Digital Currencies Can Enhance Financial Inclusion, Privacy, And Disaster Readiness

Cash is the most familiar form of central bank currency. Cash is but one form of money. Money is a three legged construct, a numeraire (or unit of account) used for quoting prices, a medium of payment and a store of value. For most retail uses, the forms of money include commercial bank deposits and cash.

Bitcoin tops $29,000 as late 2020 price surge continues – Report Door

It took bitcoin (BTC) 10 years in existence to reach the $20,000 mark, on Dec. 15. Then it took just 15 days to reach $29,000. It took the Dow Jones almost three years to make the same move. Bitcoin started the year at $7,200. It’s ending the year close to $30,000, up 296%.

Tether (USDT) To Face Do or Die Situation in 2021: Messari Report

Tether is the cryptocurrency industry’s biggest threat in 2021, says a report penned by Messari’s Founder Ryan Selkins. The 134-page thesis ventured into the stablecoin’s emergence as a proxy for the US dollar that helps crypto traders getting in and out of their positions quickly on exchanges.

2021 Bitcoin IRA(TM) Survey: Crypto Investors More Bullish Than Ever; Putting Over 50% Of Their Savings into Cryptocurrencies

LOS ANGELES, Dec. 31, 2020 /PRNewswire/ — Bitcoin IRA, the world’s first, largest, and most secure digital asset IRA technology platform that allows clients to purchase cryptocurrencies and other digital assets for their retirement accounts, today released results of their recent survey asking individuals for their market sentiment and investing choices on crypto heading into 2021.

Bitcoin keeps hitting new records, nears $30,000 in late 2020 price surge

It took bitcoin ( BTC) 10 years in existence to reach the $20,000 mark, on Dec. 15. Then it jumped to $29,000 in just 15 days. It took the Dow Jones almost three years to make the same move. Bitcoin started the year at $7,200. It’s ending the year close to $30,000, up 296%.

Shopping.io loyalty program allows discount on Amazon, eBay and Walmart

Crypto adoption won’t be possible without accelerating its usage as a currency, and not only as an investment asset. Continuing digitalization of modern life has changed the way people buy products and services. Online shopping is one of the most popular online activities worldwide, with over 2 billion users.

From Ant Group to Bitcoin: the questions for Asian business in 2021

TOKYO — A new year does not mean the end of some of the issues that grabbed the attention of Asia’s business leaders and entrepreneurs in 2020. The coronavirus pandemic has not interrupted intense debates over deal making, corporate strategy, industry disruption or succession planning.

India Mulls Imposing Tax on Crypto Trading | Al Bawaba

The Indian government is exploring the option of imposing a transaction tax on Bitcoin, a move that will give more legitimacy to the cryptocurrency subsequent to Supreme Court’s ruling in March to quash the Reserve Bank of India’s ban on cryptocurrencies.

India’s ruling party pushes budget relief for middle class, business in wake of virus

By Krishna N. Das NEW DELHI, Dec 31 (Reuters) – India’s ruling party has urged the government to put more money in the pockets of middle-income families in the next budget and cut the costs of raw material for small and medium-sized businesses, a party spokesman said on Thursday.

RIOT: 3 Tech Stocks up More than 1,000% in 2020: Riot, Veritone, and Beam Global | StockNews.com

The tech industry has been one of the biggest winners of 2020. In fact, a pandemic-ready business model has helped many tech players reach price levels beyond imagination. Companies like Riot Blockchain (RIOT), Veritone (VERI) and Beam Global (BEEM) have significantly benefited from the pandemic-driven changes in consumer and business behavior and their stocks gained more than 1,000% this year.

Did Bitcoin prove itself to be a reliable store of value in 2020? Experts answer

Without any doubt, the year 2020 was unlike any other year in the 21st century: The ongoing COVID-19 pandemic, global governments unstoppably printing money, “lockdowns” and “social distancing” becoming the new normal, protests against racial discrimination and police brutality, and so on and so forth.

Chinese Miners Migrate to Nordic Regions, Mining Exec Says Hashrate Migration One of the ‘Biggest Developments’ | Mining Bitcoin News

China has the largest concentration of bitcoin miners worldwide with estimates noting the country captures anywhere between 50-65% of the global hashrate. Xinjiang, the autonomous region of the People’s Republic of China, ostensibly accommodates 35% of the hashrate.

Blockchain Platform Telos Launches DeFi Tool “T-Bonds” for Unlocking Liquidity

Telos, a global blockchain platform based in the UK, announced on Wednesday the launch of T-Bond Non-Fungible Tokens (NFTs), which is described as a “new fusion” of decentralized finance (DeFi) and NFTs as a tool for unlocking liquidity.

$7 Billion “Lost” and HODLed Bitcoin Found Since Start of Bull Run – Decrypt

Back in 2010, it was much easier to lose your Bitcoin forever. Image: Shutterstock In brief The amount of Bitcoin that was thought to be lost keeps dropping. It is coming back into circulation because investors are moving it. They may be wanting to sell it.

RAI Finance Successfully Attracts Strategic Investment From NGC Ventures

SEOUL, South Korea, Dec. 31, 2020 /PRNewswire/ — RAI Finance, a blockchain-based cross-chain swap protocol, announced on the 30th that it has succeeded in attracting a strategic investment from global crypto fund NGC Ventures. RAI Finance is a protocol that provides cross-chain swap functionality based on the Polkadot blockchain.

Transmira plans to make the sci-fi like metaverse a reality | WRAL TechWire

RALEIGH – Transmira Inc., a Raleigh-based startup developing an artificial and virtual reality (AR and VR) platform called Omniscape it says will make a science fiction-like metaverse possible, has raised a small equity investment. The investment from technology entrepreneur, Calvin Ayre – founder of venture capital firm, Ayre Group Ventures and blockchain conglomerate, CoinGeek.

Bitcoin’s liquidity crisis? Why it’s getting harder to buy Bitcoin – AMBCrypto

New research indicates 78% of the circulating Bitcoin supply, which is 14.5 million BTC, as being illiquid. According to analysts Kilian Heeg and Rafael Schultze-Kraft at Glassnode, increased perception of Bitcoin as a store of value and hodling activity is reducing liquid bitcoin. Illiquid Bitcoin has been increasing this year, which means there will be […]

Bitcoin and Altcoins Hesitate Before Next Move

After setting a new all-time high, bitcoin price corrected lower below USD 29,000. However, dips were limited in BTC below USD 28,800. It is currently (12:30 UTC) trading well above important supports and seems to be aiming for a test of USD 30,000 in the near term.

Bitcoin hits all-time-high of $29,000 as price surge continues

Yahoo Finance’s Dan Roberts joins Julie Hyman and Myles Udland to talk bitcoin, as the cryptocurrency keeps hitting new records, topping $29,000 on December 31.

Why This VC Expects Altcoins to Boom as Bitcoin Rally Enters an “Extreme”

It’s no secret that Bitcoin’s recent parabolic rally has done little in the way of providing tailwinds for altcoins, with many seeing devastating losses against BTC as their growth stagnates.

Stellar price prediction: XLM to make a run for $0.293, analyst | Cryptopolitan

Stellar price prediction expects a rise to $0.293. Strong support found at $0.124 Strong resistance currently found at the $0.138. The Stellar price prediction by Contemplating Crypto suggests that the cryptocurrency’s price will hit the $0.293 mark in a long-term trade.

EOS, Waves, Dogecoin Price Analysis: 31 December – AMBCrypto

December has been crucial for Bitcoin. During the month, the world’s largest cryptocurrency zoomed past its previous all-time high of $20,000 and is still looking to break more records every single day, and is currently heading towards $29,000. Needless to say, the broader altcoin market has benefitted from Bitcoin’s achievement over the course of the […]

Pro-crypto or anti-crypto, you can’t deny progress ” Brave New Coin

The current state of pro-crypto vs. anti-crypto is like that of all discourse in this day and age, where feelings take precedence over facts. Factual considerations all too often yield to merely personal opinions. This is further reflected in the presence of blanket claims and the overuse of hyperbole, suggesting unfounded zeal on the one part, and too little critical engagement on the other.

$30K BTC price imminent? This Bitcoin hodler metric hints at the next rally peak

Bitcoin ( BTC) HODLer volume has marked previous tops and the start of bull cycles. As the dominant cryptocurrency heads towards $30,000, HODLer activity could be a useful tool to potentially gauge BTC’s next peak. Since October, as Cointelegraph reported, the HODLing activity of Bitcoin has continuously increased.

44 Stocks Moving In Thursday’s Mid-Day Session

AeroCentury Corp. (NYSE: ACY) jumped 77.2% to $12.14 after dropping 26% on Wednesday. Intrepid Potash, Inc. (NYSE: IPI) shares jumped 39.1% to $24.68 after the company issued updates on its potash and Trio pricing and its 2021 outlook. The company sees Q1 and FY 2021 water volumes in excess of same time last year.

Polkadot Passes Bitcoin Cash as 6th Largest Crypto – BeInCrypto

Polkadot and its native cryptocurrency, DOT, have overtaken Bitcoin Cash (BCH) as the sixth largest cryptocurrency by market cap. According to CoinGecko, a cryptocurrency market capitalization aggregator, Polkadot has a market cap of $7.63 billion. It now ranks sixth by market cap, compared to Bitcoin Cash’s $6.35 billion market cap.

Peter Schiff’s Understanding of Money is Flawed, Says His Pro-Bitcoin Son | Featured Bitcoin News

Gold bug Peter Schiff has been publicly confronted by his 18-year-old son, a bitcoin proponent, on the topic of value. Calling his dad’s understanding of money “Flawed,” Spencer Schiff made the statement in defense of TV Personality Max Keiser, who was having an argument with Peter on Twitter.

Forget Bitcoin: Here’s How to Turn $30,000 Into $990,000 for Retirement

Bitcoin is on a roll, and investors continue to drive the price of of the cryptocurrency to new highs amid lofty price predictions for 2021. Buying at these levels, however, comes with significant risks, and it might be better to search for other opportunities today. At the time of writing, Bitcoin’s price is US$26,750.

Sasha Ivanov: Crypto Dollars and CBDCs Do Battle – CoinDesk

By late 2013, it was clear crypto assets would be the future of finance. It was the first time bitcoin crossed $1,000. To the cypherpunks’ chagrin, central banks around the world began publishing warnings to curb the “decentralized genie” threatening the stability of the familiar system. First they ignore you, then they fight.

Russell Okung claims to be first NFL player paid in bitcoin – Face2Face Africa

December 31, 2020 at 11:00 am | Money Moves, News In 2019, National Football League player Russell Okung tweeted that he wanted to be paid in bitcoin. “Pay me in Bitcoin,” he tweeted. He claims to now have what he wished for.

Blockchain and Smart Contract Developer Waves Confirms Odyssey Hackathon was Held Online this Year, Shares Other End of Year Updates

Vladimir Zhuravlev, a Gravity Tech and Waves Association developer, notes that for several years, the Odyssey hackathon (held in the Netherlands) had offered opportunities for software engineers to collaborate on various projects. Zhuravlev revealed that this year, Odyssey was hosted online for the very time (due to COVID).

Bitcoin exchange defeats Itaú and BancoEstado in court

The Chilean justice ruled in favor of the to exchange of bitcoin Buda.com, in a dispute held against banks Itaú and BancoEstado. The conflict began in 2018, with the closure of the company’s accounts in these and other Chilean banking entities, which alleged participation of the exchange in fraud against its clients.

Here Is Our Pick of Top 10 News of 2020 | Coinspeaker

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites.

Top ETF Stories of Fourth-Quarter 2020

The year 2020 as a whole could easily be attributed to the COVID-19 outbreak, the resultant lockdown and economic sufferings, but some relief came in the fourth quarter. October 2020, however, saw some solid stock market gyrations thanks to failed stimulus talks, subdued tech ear

Public Update on The Bahamas Digital Currency Rollout

Public Update on The Bahamas Digital Currency Rollout Published: Thursday December 31st, 2020 The Central Bank of The Bahamas advises that public access to The Bahamas’ digital currency is projected to increase during the first quarter of 2021, as financial institutions continue to integrate the Sand Dollar into their mobile wallet platforms. Businesses and individuals who have already selected a digital payments provider can expect that the Sand Dollar will be available within the same environment in which they have enrolled, once their providers complete systems upgrade.

Tezos Price Analysis: 31 December – AMBCrypto

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The price of most altcoins has been mirroring the price movement of the Bitcoin market. Tezos [XTZ], for the past few days, was noting a downward trend as the price tried to stabilize after […]

TOP 7 Crypto jobs in 2021 –

If you are fascinated by the concept of establishing a career in the field of crypto, then you must gather more information about the vast future job opportunities. There are several decent jobs and opportunities that are available for you in the sector of this leading sector.

2021 Bitcoin IRA™ Survey: Crypto Investors More Bullish Than Ever; Putting Over 50% Of Their Savings into Cryptocurrencies

Bitcoin IRA, the world’s first, largest, and most secure digital asset IRA technology platform that allows clients to purchase cryptocurrencies and other digital assets for their retirement accounts, today released results of their recent survey asking individuals for their market sentiment and investing choices on crypto heading into 2021.

JGOD reveals ‘broken’ Black Ops Cold War scopes have no glint in Warzone | Charlie INTEL

Call of Duty players have been facing troubles when trying to use the Double XP tokens in Black Ops Cold War. Many of them have taken to Reddit to point out the issues, and they’re demanding huge changes from Activision. Warzone’s integration with Call of Duty: Black Ops Cold War has brought a plethora of exciting content for players.

Polkadot’s Breakout Year Sees DOT Gain 68% in December to Flippen BCH

Following its original 2016 whitepaper and successful $145 million ICO in 2017, Polkadot finally went live in 2020 and began to fulfill the vision of its founder, Gavin Wood, the former CTO of Ethereum. The smart contract network has ended the year on a high after surpassing Bitcoin Cash by market cap, placing the DOT token just behind LTC.

Yearn Finance Founder Andre Cronje Launches yCredit | Crypto Briefing

Share this article Andre Cronje has been building more decentralized finance infrastructure. This time, he’s created a protocol called . It builds on the StableCredit protocol he in September and works by giving users credit in a token. Whenever a user makes a deposit, they’ll be paid 99.5% of its worth as a credit line.

MBS RECAP: Token Gains, Light Volume, Early Close

Token Gains, Light Volume, Early Close Bond market focus remains on the Georgia senate run-off election day on January 5th. Today was a non-event… a place holder in the grand scheme. Any movement today was bound to be incidental. As it happened, that movement…

2020’s Important Bitcoin Infrastructure, feat. Alyse Killeen – CoinDesk

A look at privacy and infrastructure advances that will shape the bitcoin ecosystem in the years to come. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

Bitcoin’s 2020 In Tech

Seemingly undisturbed by 2020’s craziness, and largely unfazed by bitcoin’s wild price swings that concluded with new all-time highs in December, Bitcoin’s technical community continues to plow ahead. Bitcoin’s software and the many projects around it were gradually improved throughout the year, as software was optimized, bugs fixed and privacy leaks patched.

2021 Bitcoin IRA™ Survey: Crypto Investors More Bullish Than Ever; Putting Over 50% Of Their Savings into Cryptocurrencies

Key takeaways from the survey: Bitcoin’s price projection : 40% of responders believe Bitcoin’s price will be at least $50,000 at the end of 2021. Bitcoin’s price passed all-time highs in 2020 and investor sentiment remains high likely due to large Bitcoin investments by major companies such as PayPal and MicroStrategy among many others.

Video Game Publisher EA Nears Buy Point On Holiday Sales Hopes

Video game publisher Electronic Arts ( EA) has seen its shares rise on hopes for a strong holiday sales season. EA stock approached a buy point on Thursday. In morning trading on the stock market today, EA stock rose 0.6%, near 142.90. Earlier in the session, it climbed as high as 143.50.

Garrick Hileman: Governments Will Start to Hodl Bitcoin Soon – CoinDesk

Reflecting on 2020, I struggle to think of another year in recent decades with both so many all-time highs and all-time lows. From the COVID-19 pandemic raging across the global population to record-setting wildfires in the western United States to numerous other calamities, the world this year has often appeared figuratively and literally in flames.

Teddy Fusaro: Why Crypto Crosses ‘The Chasm’ in a Post-Coronavirus World – CoinDesk

Why Crypto Crosses ‘The Chasm’ in a Post-Coronavirus World It is often said that Julius Caesar brought the Roman Republic to an end when he crossed the Rubicon River with the 13th Legion of the Roman Republican Army on Jan. 10, 49 BC, starting the civil war that would leave him dictator.

Bitcoin at 4X Value at Year’s End and other Digital Transactions News briefs from 12/31/20 – Digital Transactions

Bitcoin, the world’s largest and most well-known digital currency, is ending the year above $28,000,

Author Of ‘Bitcoin And Black America’ Says Stay From Coinbase Because Of Special Deal With Feds, Bad Customer Service

Isaiah Jackson, the author of “Bitcoin and Black America,” recently issued a warning to Black people about the crypto tech company Coinbase. “Idc if I have to debate 1 Million black people You niggas are going to learn: 1. Delete Coinbase 2. Stay away from XRP 3. DCA Bitcoin,” Jackson tweeted on Dec.

Nasdaq Listed Greenpro Capital to Set up Bitcoin Fund Using a $100 Million Loan | Crowdfunding Bitcoin News

The Nasdaq listed Greenpro Capital Corporation has revealed plans to set up a bitcoin fund using $100 million in borrowed funds. In addition to the borrowed funds, Greenpro, through its subsidiary Cryptosx, says it plans to use its own cash resources to acquire the digital asset.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC blasts above $29,000, XRP claws back some ground | Forex Crunch

Bitcoin jumped above $29,000 for the first time in history. Ethereum tested water above the critical resistance of $750. Ripple’s XRP attempted a recovery despite gloomy fundamentals. The cryptocurrency market celebrates the New Year with new highs. Bitcoins jumped above $29,000 and set a new all-time high at $29,321 during early Asian hours.

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Crypto Dollars and CBDCs: The Battle to Come

By late 2013, it was clear crypto assets would be the future of finance. It was the first time bitcoin crossed $1,000. To the cypherpunks’ chagrin, central banks around the world began publishing warnings to curb the “decentralized genie” threatening the stability of the familiar system. First they ignore you, then they fight.

Mining Rigs Maker Ebang Launches Crypto Exchange in Q1

Bitcoin mining equipment manufacturer Ebang plans to launch a cryptocurrency exchange in the first quarter of 2021. The move is part of the Hangzhou-based company’s strategy to diversify its revenue streams beyond a sector that is extremely competitive and tends to boom and bust with Bitcoin prices.

Number of People Holding Lots of Bitcoin Surges in Rare ‘Whale-Spawning Season’ – CoinDesk

Large investors continue to accumulate bitcoin, possibly putting upward pressure on the cryptocurrency’s price. The number of whale entities – clusters of crypto wallet addresses held by a single network participant holding at least 1,000 bitcoin – rose to a new record high of 1,994 on Wednesday.

Binance Announces $10 Million in COVER Recovery Aid – BeInCrypto

Binance is giving over $10 million to clients who lost money in the Dec. 28 Cover Protocol contract attack. Binance released a news item on its website regarding the Incident Resolution Plan for COVER. The coin fell victim to a contract attack on Dec. 28.

Bitcoin-focused DeFi project with almost $500m in TVL to launch rebase token | CryptoSlate

Aside from algorithmic stablecoins, BadgerDAO has been one of the most widely talked about Ethereum DeFi projects over the past few weeks. This is largely due to the airdrop of free BADGER coins to tens of thousands of DeFi users. Even funds such as Three Arrows Capital and Alameda got involved, claiming their airdrop and selling or staking their tokens.

TA: Ethereum Prints Bullish Pattern, Why ETH Looks Set To Clear $750

Ethereum extended its rise and traded towards $760 before correcting lower against the US Dollar. ETH price is showing positive signs and it looks set to clear $750-$760. Ethereum is trading in a positive zone and it recently climbed to a new yearly high at $758.

Bitcoin sets new record, price nearly quadruples in 2020

Bitcoin on Wednesday jumped to a record $28,599.99, after the digital currency almost quadrupled in value this year amid heightened interest from bigger investors. The world’s most popular cryptocurrency was last up 2.3% at $28,012. It has surged by nearly half since breaking $20,000 for the first time on Dec.

What did Silicon Valley’s crypto bubble create? – Silicon Valley Business Journal

Editor’s note: This story is available as a result of a content partnership with the Financial Times. Subscribers will see stories like this every day on our website (and in our daily emails) as an added value to your subscription.

Still Too Early to Buy Gold

The SPDR Gold Trust ( GLD) and the gold futures contract are closing out a bullish year, with the yellow metal gaining close to 25% since the last trading day of 2019. However, gold bugs and other speculators were hoping for more, especially when the asset snuck its nose above the 2011 high for a few sessions back in August.

Russia’s top oil company supplies power to Bitcoin mining

Key facts: Gazprom is one of the top 10 oil and gas producers in the world. The oil company opens its doors to Bitcoin miners in Siberia, Russia. Gazprom, Russia’s leading oil and gas producer, is planning to open its facilities in Siberia to Bitcoin mining companies wishing to take advantage of the resources provided.

XRP Up 5% Despite Binance US and Genesis Trading Planning to Suspend XRP Trading

Despite two more firms announcing that they are going to halt XRP trading in the near future, the XRP price has surged over 5% in the past 24-hour period. On December 22, the U.S. Securities and Exchange Commission (SEC) announced that it had “filed an action against Ripple Labs Inc.

Bitcoin Mining Machine Maker Ebang to Launch Crypto Exchange in 2021; Shares Rise – CoinDesk

Ebang announced Thursday it is preparing to officially launch a cryptocurrency exchange in the first quarter of 2021.

Bitcoin price quadruples amid pandemic. Check how the cryptocurrency fared in 2020

NEW DELHI: In a year when currency valuation across the world has been in turmoil, the cryptocurrency industry has witnessed an unprecedented bull run. On the last day of 2020, the world’s largest cryptocurrency — Bitcoin — surged past $29,000, quadrupling in value during the pandemic year.

New York Approves Its First Yen-Linked Stablecoin

According to a December 29 announcement, the New York Department of Financial Services (NYDFS) has approved a charter for the Japanese company GMO-Z.com to launch its first stablecoin pegged to the Japanese yen (GYEN). In fact, the NYDFS is the largest state financial regulator in the United States.

Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC | Altcoins Bitcoin News

The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that its Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed $20 billion, is a properly registered and regulated crypto.

The Case For Permanent Digital-First Behavior

This study showed that the home had become the consumer’s commerce command center as they changed their daily routines to do more of their work and more of their once-physical errands from home. Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average.

GAC NIO apologizes for announcing use of digital currency without regulatory permission

Shanghai (Gasgoo)- GAC NIO said on Dec. 31 via its Weibo account that it becomes the first Chinese automaker that accepts Bitcoin for payment, but later the announcement was amended, whereby “Bitcoin” was changed to “digital currency”. The statement was cancelled then.