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The US election seals China’s victory in digital currency supremacy

While there is an unclear future for digital currency development under Joe Biden’s presidency, China is leading the race. The world is engaging in financial warfare, and China is winning. China’s digital yuan — also referred to as Digital Currency Electronic Payment, or DCEP — will soon be used around...

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Blockchain is good for hodling, but not for voting: Bad Crypto news of the week

Analysts make a slew of wild predictions as Bitcoin continues its moon mission in this week's Bad Crypto podcast Bitcoin continues to move through the gears. The currency is up more than 12 percent over the week and is now playing with the $18,000 mark. And it’s not just the...

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Key Bitcoin price metric shows pro traders are nervous about $19K BTC

Bitcoin price is chasing after $19,000 but crypto exchanges’ long-to-short ratio shows top traders exercising caution at these levels. This week Bitcoin (BTC) price rallied to a new 3 year high at $18,965, leading investors to believe a new all-time high above $20,000 is on the cards. While these are exciting...

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With share price outpacing Bitcoin, Riot Blockchain appoints new director

The Bitcoin mining giant appoints a new director with a stellar institutional background as stock prices surge. Last week, as share prices ripped upwards of 50% to levels not seen since the 2018 cryptocurrency bullrun, Riot Blockchain (NASDAQ: RIOT) appointed former director of the listing committee for the Toronto Stock...

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Crypto hedge fund Pantera Capital files for massive $134 million raise

The monster raise might be an indication that Pantera’s ambitions are inflating in lock-step with Bitcoin’s rising price. In a filing with the SEC yesterday, Bitcoin hedge fund giant Pantera Capital announced an equity offering of up to $134 million — among the largest capital fundraising efforts in the seven...

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Fake Uniswap app on Google Play Store has already lost one user $20,000

The fraudulent mobile app has already received over 100 downloads. A fraudulent mobile application claiming to be the Uniswap exchange has reportedly stolen money from an investor, offering an important reminder of the scams that still pervade the nascent cryptocurrency industry.Alex Saunders, founder and CEO of the Australia-based Nuggets News,...

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US regulator wants to stop banks from blacklisting legal businesses, crypto included

New rule-making aims to stop "creeping politicization of the banking industry," says OCC head. Per an announcement on Friday, the Office of the Comptroller of the Currency, or OCC, is looking for public comments on rule-making that would stop banks from denying services to businesses based on sector.In the words...

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Price analysis 11/20: BTC, ETH, XRP, LINK, LTC, BCH, DOT, BNB, ADA, BSV

Bitcoin price is back on the path to a new all-time high, and it seems altcoins intend to follow suit. Bitcoin’s (BTC) current rally has largely been led by investments from institutional investors and publicly listed companies. Data from Bitcointreasuries shows that companies hold about 4.54% of the current Bitcoin...

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First company-sponsored Bitcoin retirement plans launched in US

DAiM has launched the United States’ first employer-sponsored retirement plans that support investments in Bitcoin. U.S.-based asset manager, Digital Asset Investment Management, or DAiM, has launched the country’s first employer-sponsored 401K retirement plans supporting Bitcoin (BTC)According to a Nov. 19 announcement, DAiM will serve as the advisor and fiduciary in...

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Bitcoin price doubles since the halving, with just 3.4M Bitcoin left for buyers

The Bitcoin price has doubled since the halving in May, with Chainalysis attributing much of the bullish price action to the insatiable appetite of institutional investors. The price of BTC has more than doubled since the Bitcoin’s third block reward halving in May. To be precise, BTC has gained 110%,...

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