Democratic lawmaker Alexandria Ocasio-Cortez said Monday that she avoids any and all investments which could potentially represent a conflict of interest, including crypto — and believes her fellow lawmakers should do the same. She explained that as a member of the House of Representatives’ Financial Services Committee, she felt it was inappropriate for her to …
Category archives: Trending Crypto news
XRP Could Pull Off Giant 420% Rally, According to Crypto Analyst Michaël Van De Poppe – Here’s How
Cryptocurrency analyst and trader Michaël van de Poppe is analyzing what XRP has in store price-wise going into next year. XRP is trading at $0.83 at time of writing and is up 3.77% in the past 24 hours. The eighth-ranked crypto asset by market cap is down nearly 40% from its 30-day high of $1.35. …
Whales Abruptly Shuffle Nearly $1,740,000,000 in Bitcoin and Ethereum As Traders Hold Their Breath
Whales moved nearly $1.74 billion worth of Bitcoin (BTC) and Ethereum (ETH) across 14 transactions in the wake of the crypto market’s sizeable correction over the weekend. In the largest transaction, an unknown wallet sent 15,073.45 BTC worth a whopping $737.4 million to a second unknown wallet on Sunday, according to the crypto tracker Whale …
Bitcoin price aims for $52K as stocks rebound fuels bullish return
Bitcoin (BTC) attempted to crack $51,600 resistance throughout Dec. 7 as BTC/USD gained in line with an equities rebound. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin: “The trend is still up” Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency making repeated assaults on the $51,600 mark on Dec. 7. At the time …
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Tezos blockchain notes power savings after PoS switch: PwC report
Tezos, a privacy-focused blockchain network, released its carbon footprint report from PricewaterhouseCoopers Advisory SAS, a French member firm of the PwC network. The PwC report reflects drastic improvements in energy efficiency for Tezos since moving from a proof-of-work (PoW) to a proof-of-stake (PoS) mining consensus. The PwC report highlighted a significant decline in carbon emission …
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Fidelity and Nexo are entering institutional lending market
Fidelity Digital Assets — the crypto wing of Fidelity Investments — and crypto borrowing and exchange platform Nexo have announced a partnership to offer crypto custodial services, products and lending services for institutional investors. The two firms will create a comprehensive product line and legal infrastructure for institutional investors looking to get exposure to cryptocurrencies. …
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Smart crypto policy could keep India’s tech dominance on top
There’s no denying that the Indian government shares a contentious relationship with cryptocurrencies, as was made clear recently when the government indicated that it plans on banning all private cryptocurrencies — a list that could potentially include just about every digital asset in the market today — after it had previously lifted all such restrictions …
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Ethereum Competitor Skyrockets Over 11,956% This Year, Enters Top 10 Crypto Assets by Market Cap
An Ethereum (ETH) rival is making a big splash after printing massive gains this year and cracking the list of the ten largest crypto assets by market cap. Terra (LUNA) is a network of several fiat-pegged stablecoins used for e-commerce payments and decentralized finance (DeFi) services. The network’s reserve currency LUNA underpins the price of the …
Bitwise CIO ‘not so sure’ about Bitcoin hitting $100K in 2021
As 2022 draws closer, some cryptocurrency investment experts are doubtful about whether Bitcoin (BTC) has enough time to hit $100,000 in 2021. Following a major flash crash in the cryptocurrency market, Bitcoin is unlikely to break new all-time highs in the next three weeks and go all the way up to $100,000, according to Bitwise …
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Third-biggest Bitcoin whale’s holdings total $6B after ‘whopping’ 2.7K BTC buy-in
Bitcoin (BTC) returning to $50,000 overnight inspired one of the largest wallets to buy the equivalent of $137 million more. Blockchain data from on-chain monitoring resource BitInfoCharts highlights how one entity “bought the dip” like no other. Someone “buys the dip” to the tune of $137 million After buying frequently since BTC/USD hit $69,000 all-time highs …
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Nasdaq Stockholm lists Bitcoin and Ether exchange-traded notes
Nasdaq Stockholm has announced that 21Shares has listed its first two physically backed exchange-traded notes (ETN) on the Swedish trading platform. The two instruments listed, with Bitcoin (BTC) and Ether (ETH) as underlying assets, represent a new segment for ETNs — a type of unsecured debt security that tracks an underlying index of equities and trades …
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Ninth-Largest Ethereum Whale Gobbles Billions of Shiba Inu As SHIB Nails New Milestone, According to WhaleStats
The ninth-largest Ethereum whale in existence just acquired millions of dollars worth of the popular memecoin Shiba Inu (SHIB). The Ethereum wallet “Tsunade” received 72,266,047,517.25 Shib Inu worth more than $2.57 million from an unknown Ethereum address on Saturday, according to the whale-monitoring website WhaleStats. The huge wallet now holds a total of 1,831,517,309,563.27 SHIB …
Gibraltar’s government plans to bridge the gap between public and private sectors with blockchain
The government of Gibraltar, a British territory at the southern tip of the Iberian Peninsula, has started a pilot program aimed at utilizing blockchain technology to store official credentials on its systems. In a Tuesday announcement, Her Majesty’s Government of Gibraltar said it had partnered with Mexico-based cryptocurrency exchange Bitso and IOVlabs, a startup that …
Crypto tumblers, exchanges under microscope as DOJ launches new task force
The White House, under the Biden-Harris administration, introduced a five-pillar strategy to counter corruption as a part of the core United States national security interest. The strategy involves establishing a new task force to address potential illicit activities on crypto exchanges and other services that can serve as avenues for money laundering. With the motive …
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This Bitcoin price metric just hit ‘oversold’ for only the 7th time in 8 years
A Bitcoin (BTC) price metric which made BTC “look seriously cheap” at $56,000 is now in rare oversold territory. In a tweet on Dec. 6, Philip Swift, Philip Swift, creator of analytics platform LookIntoBitcoin, returned to potentially bullish signals coming from Bitcoin’s Advanced NVT Signal. Advanced NVT deflates in Bitcoin price rout Advanced NVT calculates …
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