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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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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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Rapper Logic invests $6M in Bitcoin as latest celebrity to catch crypto bug

Depending when exactly he bought in, Logic could have already made $2 million. Following Game of Thrones actress Maisie Williams’ call for advice as to whether to go long on Bitcoin (BTC) earlier this week, the rapper Logic has dived into Bitcoin headlong.In a video posted to his Instagram story,...

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Ether hits $500 for the first time since June 2018, outperforming Bitcoin YTD

Ether hits two-and-a-half-year highs and follows Bitcoin to reach significant psychological levels this week. Ether (ETH) returned to $500 for the first time in more than two years on Nov. 20 as altcoins slowly staged a comeback from poor performance.Cryptocurrency market overview from Coin360.comEther price sees $500 after more than...

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Morgan Creek Digital co-founder sells his Chevy for Bitcoin

Morgan Creek Digital’s Jason Williams prefers to sell his old cars for crypto instead of cash. As Bitcoin (BTC) momentum continues to grow, some people seem to prefer selling their belongings for cryptocurrency instead of fiat money.Jason Williams, a co-founder of Morgan Creek Digital, a dedicated digital asset investment business...

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