Ex-Wall Street trader Nik Bhatia says the Lightning Network has made Bitcoin an unprecedented asset by combining a store of value with medium-of-exchange scale and speed. Bond market veteran Nik Bhatia says that with Lightning, Bitcoin (BTC) has become an unprecedented asset by combining a store of value with medium-of-exchange scale and speed. This recognition…
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The run-up to the May 2020 block reward halving will look nothing like the last two, says Willy Woo, as bearish sentiment characterizes markets. Bitcoin (BTC) barely managed to maintain $8,000 support on Nov. 19 as analysts warn the outlook for markets is increasingly bearish. Cryptocurrency market daily overview. Source: Coin360 Bitcoin sheds 3.7% overnight…
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Source: iStock/t_kimura The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, has responded to reports that claimed it is on the verge of launching a Bitcoin and altcoin trading platform – saying it has no “near-term plans to launch a cryptocurrency exchange for clients.” Earlier this month, media outlet The Logic claimed it…
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Source: iStock/Ja_inter Privacy focused cryptocurrency Grin (GRIN) plummeted in the last 24 hours after a report started making rounds online of an attack on the privacy protocol Mimblewimble. As a reminder, while Beam (BEAM) is the first implementation of Mimblewimble, it was followed by the long-expected, community funded privacy coin Grin, released at the beginning…
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Source: iStock/AF-studio Industry insiders in South Korea and Japan are talking up the potential blockchain “synergy” that may materialize from the proposed Line and Yahoo Japan merger – after the tech giants’ operators agreed on a deal in principle. Yahoo Japan operator SoftBank has released details of its agreement with Line and Naver, the company…
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Brooklyn computer programmer Maksim Zaslavskiy, the first person in the U.S. to be convicted for a fraudulent ICO, has been sentenced to 18 months behind bars. Maksim Zaslavskiy, a computer programmer from Brooklyn and the first person in the United States to be convicted of running a fraudulent initial coin offering (ICO) has been sentenced…
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The United States Securities and Exchange Commission has announced that it is reviewing its decision to reject Bitwise’s Bitcoin ETF proposal. The United States Securities and Exchange Commission (SEC) is reviewing its decision to reject the Bitcoin (BTC) exchange-traded fund (ETF) filing from Bitwise Asset Management and NYSE Arca. Taking a second look In an…
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New York-based fintech provider Tassat is partnering with digital asset market maker Blockfills to launch an institutional Trade at Settlement product for spot Bitcoin (XBT/USD). New York-based fintech provider Tassat is partnering with digital asset market maker Blockfills to launch an institutional Trade at Settlement (TAS) product for spot Bitcoin (XBT/USD). According to a Nov.…
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Research from crypto analytics firm Longhash claims to have debunked the recent single-whale theory of the 2017 Bitcoin bull run. Blockchain education platform Longhash has released research that it claims debunks the recent single-whale theory of the 2017 Bitcoin (BTC) bull run. On Nov. 18, researchers at crypto analytics firm Longhash announced that they have…
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U.S. authorities extradite Swedish citizen from Thailand for multi-million dollar fraudulent security offering in the form of a gold investment scheme. The United States has extradited a Swedish national from Thailand for allegedly selling fraudulent securities to investors online, garnering over $11 million worth of Bitcoin (BTC). Per a press release from the U.S. Department…
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