Bitcoin (BTC)

Professional UFC fighter and unabashed bitcoin bull Ben Askren took to Twitter yesterday to tell everyone he’s piling up on BTC and challenge the crypto haters. In a fairly confrontational tweet, Askren dared all of the “twitter geniuses” to explain why “crypto is a scam,” resulting in several gibes at his expense. UFC Fighter Gets What He’s ‘Askren For’ There’s a fair bit to unpack here. The responses are a mish-mash of crypto haters ragging on crypto, crypto supporters also ragging on...

The past week was concerning for Bitcoin bulls, as the BTC price plunged below $8,000. The volatility around this price level and the technical behavior observed on the charts gave traders plenty of room to work with.Fears of a potential return to the bear market also increased this week as the price continued to fall. There are, however, optimists who think that the correction is healthy for the market. In addition, the saga involving Tether and big market manipulation also added to the...

The United States Securities and Exchange Commission (SEC) has been in an unofficial fight with the cryptocurrency sector in general. The Commission is generally regarded as unsupportive of the sector especially with its repeated disapproval and postponement of its decision to allow Bitcoin Exchange Traded Funds (Bitcoin ETF). However, an executive from Bitwise Asset Management seems to believe strongly that the upcoming SEC ruling will come in the company’s favor.Speaking to CNBC on its ETF...

La startup parisienne Acinq vient d’annoncer une levée de fonds de 7 millions d’euros auprès d’Idinvest Partners, Serena, et, chose notable, de la banque publique d’investissement Bpifrance, une première pour un projet 100% Bitcoin. Acinq est l’une des trois entreprises à l’origine des spécifications du Lightning Network. La start-up a développé Eclair, sa propre implémentation du protocole Lightning, Eclair Wallet un portefeuille...

« Un cabinet d’avocats vient d’annoncer un recours collectif contre Bitfinex pour des faits de complicité de fraude, manipulation du marché (par du bon vieux pump and dump) et complicité de blanchiment d’argent. L’émetteur du stablecoin Tether se voit reprocher d’avoir artificiellement soutenu la valeur du Bitcoin, et d’en avoir profité pour emporter les valorisations des autres cryptomonnaies...

The global dollar shortage is a looming crisis that doesn’t get much media attention. Instead, we keep hearing about the trade war and the seesawing stock market but almost nobody talks about the biggest problem that overshadows them all. There’s a shortage of dollars in the global financial system. China, one of the countries that sorely needs dollars, has been boosting its gold reserves over the last ten months. According to economist Luke Gromen, the Asian giant may be planning to use...

Facebooks Libra ist weiterhin der kontroverseste Altcoin des Jahres. Nun wagt sich Brad Garlinghouse, CEO von Ripple, hervor und sieht Libra nicht vor 2023 auf dem Markt. Sollte er richtig liegen, dürfte Libra zum größten Problemfall werden, den Zuckerberg bisher kreierte.Crypto News: Ripple CEO sieht Libra erst 2023 auf dem MarktEs bleibt weiterhin offen, ob der Markt überhaupt einen zentralen Cryptocoin von Facebook akzeptieren wird. Und damit ist nicht nur der Cryptomarkt gemeint, auch die...

Jennifer Robertson, the widow of QuadrigaCX founder Gerald Cotten, has confirmed that she will hand over more than $9 million (12 million CAD) in assets. She has made this move to compensate the users of the now-defunct crypto exchange. The assets will be transferred to EY Canada, the bankruptcy trustee for the defunct exchange.On October 7, Robertson announced in a personal statement explaining that she will transfer the vast majority of her estate assets. These assets were previously valued...

In a clear example of tech evolving faster than the law can adapt, a Japanese minster has confirmed that crypto donations are now legal due to a classification loophole. According to Reuters, on Tuesday, Sanae Takaichi, the internal affairs and communications minister of Japan, noted the newfound ‘legality’ of crypto donations. She specifically highlighted their use within elections, remarking that cryptocurrencies were not subject to the stringent political fund’s control law; a statute...

The NBA’s Sacramento Kings has announced that they will roll out their new ‘Kings Token’ for fan rewards. That makes them the first NBA team to create a reward program based on blockchain.Announced on October 7, Kings Token was created in partnership with Blockparty. Blockparty is a blockchain platform that manages live event ticketing, tokenized gamification and fan engagement. Blockparty’s chief development officer, Vladislav Ginzburg, explained:“In our opinion, the blockchain has a role in...