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US Behind In The CBDC Game? Former CTFC Chairman Discusses Importance Of Digital Dollar

China is well ahead in the development of the CBDC, while other countries are catching up, the United States is still the nascent stages of developing the digital dollar. However, the former Chairman of the CTFC recently urged the government to probe the matter.  “Future-Proof The Dollar For A Digital Tomorrow” Cryptocurrencies are mostly decentralized

China is well ahead in the development of the CBDC, while other countries are catching up, the United States is still the nascent stages of developing the digital dollar. However, the former Chairman of the CTFC recently urged the government to probe the matter.  “Future-Proof The Dollar For A Digital Tomorrow” Cryptocurrencies are mostly decentralized

grayscale trust fund
Bitcoin News
grayscale trust fund
Bitcoin News

Grayscale Crypto Trust Fund Reports Largest Quarterly Inflows in Q220

Grayscale Investments LLC. reports yet another high in quarterly inflows with $905.8 million in 2Q20, totalling $1.4 billion since the beginning of the year. The Trust Fund indices which are only available to accredited and institutional investors also saw a significant increase of new investors. Reportedly, ‘new investors accounted for $124.1 million of inflows and 57% of the investor base.’

Grayscale Investments LLC. reports yet another high in quarterly inflows with $905.8 million in 2Q20, totalling $1.4 billion since the beginning of the year. The Trust Fund indices which are only available to accredited and institutional investors also saw a significant increase of new investors. Reportedly, ‘new investors accounted for $124.1 million of inflows and 57% of the investor base.’

Brock-Pierce US President
News
Brock-Pierce US President
News

Cryptocurrency Entrepreneur Brock Pierce To Run For President Of US

Brock Pierce, the serial entrepreneur and co-founder of Tether (the stablecoin), is now a U.S. Presidential candidate, and will be one of the many angling to contest with President Donald Trump this November. He will be running as an independent. Brock  Pierce To Run for President Brock will be campaigning, convincing citizens for votes with

Brock Pierce, the serial entrepreneur and co-founder of Tether (the stablecoin), is now a U.S. Presidential candidate, and will be one of the many angling to contest with President Donald Trump this November. He will be running as an independent. Brock  Pierce To Run for President Brock will be campaigning, convincing citizens for votes with

bitcoin-mining-geo-political-shift
Bitcoin News
bitcoin-mining-geo-political-shift
Bitcoin News

Bitcoin Miners to See a Big Geo-Political Shift from China to N. America, F2Pool

According to the observations made by F2Pool, in the latter half of the year, we could finally witness a more even distribution of total Bitcoin hash rate with the U.S. and Canada looking to compete with China’s dominance. China’s Dominance Developed by the University of Cambridge, the chart below plots the monthly distribution of hashrates

According to the observations made by F2Pool, in the latter half of the year, we could finally witness a more even distribution of total Bitcoin hash rate with the U.S. and Canada looking to compete with China’s dominance. China’s Dominance Developed by the University of Cambridge, the chart below plots the monthly distribution of hashrates

binance
Regulation News
binance
Regulation News

Crypto Exchange, Binance, Announces Expansion in the U.K. by this Summer

Binance exchange confirms expansion in the UK as it announces a tentative launch this summer. The platform will be regulated by the UK Financial Conduct Authority (FCA). By August this year, it will allow conversion between crypto to pounds and euros. It plans to add 65 cryptocurrencies on the platform. The US counterpart, Binance.US, has 34

Binance exchange confirms expansion in the UK as it announces a tentative launch this summer. The platform will be regulated by the UK Financial Conduct Authority (FCA). By August this year, it will allow conversion between crypto to pounds and euros. It plans to add 65 cryptocurrencies on the platform. The US counterpart, Binance.US, has 34

Tyler-Winklevoss-Gemini
Altcoin News
Tyler-Winklevoss-Gemini
Altcoin News

Gemini co-founder Slams Trolls as Ripple(XRP) Security Question Lingers

Gemini lists among other coins Litecoin, BAT, Ethereum, and Bitcoin. Not XRP. One of the most liquid coins and the third in the market cap leader board. It rubs supporters the wrong way considering the way one supporter tagged the US Securities and Exchange Commission (SEC) and the two co-founders while complaining that the compliant

Gemini lists among other coins Litecoin, BAT, Ethereum, and Bitcoin. Not XRP. One of the most liquid coins and the third in the market cap leader board. It rubs supporters the wrong way considering the way one supporter tagged the US Securities and Exchange Commission (SEC) and the two co-founders while complaining that the compliant

Bitcoin Futures Open Interest OKEx BitMex
Bitcoin News
Bitcoin Futures Open Interest OKEx BitMex
Bitcoin News

Bitcoin [BTC] Open Interest at OKEx exceeds BitMex, A Paradigm shift?

The number of Bitcoin Futures Open Interest at OkEx, a cryptocurrency derivatives trading platform, exceeds those of BitMex, the popular Bitcoin trading platform that is closely watched by traders. And it has been like this for a while now. OKEx tops with the number of Open Interest, ahead of Binance and BitMex Notably, BitMex is

The number of Bitcoin Futures Open Interest at OkEx, a cryptocurrency derivatives trading platform, exceeds those of BitMex, the popular Bitcoin trading platform that is closely watched by traders. And it has been like this for a while now. OKEx tops with the number of Open Interest, ahead of Binance and BitMex Notably, BitMex is

Bitcoin BTC Trading
Bitcoin News
Bitcoin BTC Trading
Bitcoin News

$5,300-5,400 Is Vital For Bitcoin [BTC], But Will It Hold And Prevent A Fall to $3,600?

The market is anxious. Bulls are weak and for Bitcoin traders, their eyes are fixed on the $5,300-400 zone. A region of strong support, observers now say $5,300 should hold for BTC for bulls to have a chance of bouncing back to $6,000. $5,300: The Make or Break Level for Bitcoin But it’s hard for

The market is anxious. Bulls are weak and for Bitcoin traders, their eyes are fixed on the $5,300-400 zone. A region of strong support, observers now say $5,300 should hold for BTC for bulls to have a chance of bouncing back to $6,000. $5,300: The Make or Break Level for Bitcoin But it’s hard for

coronavirus vaccine gold bitcoin
Bitcoin News
coronavirus vaccine gold bitcoin
Bitcoin News

Coronavirus Takes-Down Europe, ‘US is 10 Days Behind Italy Now’: Crypto Analyst

The world seems to be its’ losing it’s order as the deadly Coronavirus continues it’s exponential spread. The number of cases in China seems have reduced drastically with only 13 new cases reported yesterday. Moreover, South Korea seems to have done a remarkable job by adopting wide-scale testing across the country. However, the total number

The world seems to be its’ losing it’s order as the deadly Coronavirus continues it’s exponential spread. The number of cases in China seems have reduced drastically with only 13 new cases reported yesterday. Moreover, South Korea seems to have done a remarkable job by adopting wide-scale testing across the country. However, the total number

Bitcoin BTC Implied Volatility
Bitcoin News
Bitcoin BTC Implied Volatility
Bitcoin News

Bitcoin [BTC] Price Crosses $10,200 As There Are More Inflows to Exchanges

There are more inflows than outflows at the top seven leading cryptocurrency exchanges, including Binance, BitMex, and OKEx, according to statistics from Token Analyst. On average, $47.2 million was deposited and $44.9 million withdrawn on Feb 18, 2020. ? Feb-18 $BTC on-chain flows:#binance $89.8M in | $85.6M out#bitstamp $33.4M in | $33.3M out#bitmex $33.9M in

There are more inflows than outflows at the top seven leading cryptocurrency exchanges, including Binance, BitMex, and OKEx, according to statistics from Token Analyst. On average, $47.2 million was deposited and $44.9 million withdrawn on Feb 18, 2020. ? Feb-18 $BTC on-chain flows:#binance $89.8M in | $85.6M out#bitstamp $33.4M in | $33.3M out#bitmex $33.9M in

Bitcoin BTC Capital Gain Tax
Altcoin News
Bitcoin BTC Capital Gain Tax
Altcoin News

Bitcoin, Crypto Day Traders Won’t be Excluded from the New Congress Bill on Capital Gain Tax

A new proposed bill in the US House of Representatives could see capital gain tax for personal cryptocurrency transactions apply if profits exceed $200. This is an amendment of the Internal Revenue Code of 1986 to exclude taxation of gross income gain of virtual currency in a personal transaction, a radical shift that could spur

A new proposed bill in the US House of Representatives could see capital gain tax for personal cryptocurrency transactions apply if profits exceed $200. This is an amendment of the Internal Revenue Code of 1986 to exclude taxation of gross income gain of virtual currency in a personal transaction, a radical shift that could spur

us iran crypto bitcoin
Sponsored
us iran crypto bitcoin
Sponsored

The Recipe that Causes Bitcoin to Rise: Economic and Geopolitical Uncertainty

As the world anxiously watched the turbulent events in the Middle East this week, investors have turned to the known safe havens for times of crisis. Throughout history, gold has been a proven investment vehicle during similar tumultuous times, from wars to crises to economic depressions. Yet, over the last week, we saw a notable

As the world anxiously watched the turbulent events in the Middle East this week, investors have turned to the known safe havens for times of crisis. Throughout history, gold has been a proven investment vehicle during similar tumultuous times, from wars to crises to economic depressions. Yet, over the last week, we saw a notable

Bitcoin News
Bitcoin News

Bitcoin (BTC) A Safe Haven In The Escalated US-Iran Tensions?

A number of analysts have come forward to dismiss the overall effect of US-Iran tensions on Bitcoin’s recent spike. Nonetheless, mainstream media took to the narrative of Bitcoin being a safe haven asset during the US-Iran tensions raising the question; is Bitcoin (BTC) really a safe haven asset in times of war? “Innocent and desperate

A number of analysts have come forward to dismiss the overall effect of US-Iran tensions on Bitcoin’s recent spike. Nonetheless, mainstream media took to the narrative of Bitcoin being a safe haven asset during the US-Iran tensions raising the question; is Bitcoin (BTC) really a safe haven asset in times of war? “Innocent and desperate

Regulation News
Regulation News

Italian Co-worker Offers to Testify in US Court for Virgil Griffith

FBI’s detention of Virgil Griffith has shaken the cryptocurrency community. The technological expert has been charged with aiding North Korea in avoiding US sanctions by using cryptocurrency and blockchain. Fabio Peitrosanti, an Italian entrepreneur and advocate of transparency and blockchain is ready to offer assistance in clearing the case against him. The case drafted against

FBI’s detention of Virgil Griffith has shaken the cryptocurrency community. The technological expert has been charged with aiding North Korea in avoiding US sanctions by using cryptocurrency and blockchain. Fabio Peitrosanti, an Italian entrepreneur and advocate of transparency and blockchain is ready to offer assistance in clearing the case against him. The case drafted against

Blockchain News
Blockchain News

China to Boost Blockchain Innovation by Investing $2 Bn by 2023 – IDC Report

A new report from the U.S based, data analysis firm, International Data Corporation (IDC) forecasts a 67% CAGR in China’s blockchain technology industry from 2018 to 2023. 60% CAGR in the Global Blockchain Industry China’s affinity to blockchain is clear to see as the government, private sector and regulatory authorities all working towards mass adoption

A new report from the U.S based, data analysis firm, International Data Corporation (IDC) forecasts a 67% CAGR in China’s blockchain technology industry from 2018 to 2023. 60% CAGR in the Global Blockchain Industry China’s affinity to blockchain is clear to see as the government, private sector and regulatory authorities all working towards mass adoption

bitcoin hong-kong city
Bitcoin News
bitcoin hong-kong city
Bitcoin News

36% of U.S. Investors Interested in Bitcoin [BTC]: Grayscale Survey

Grayscale Investments, LLC is a regulated firm for cryptocurrency asset management and investment. It offers multiple single assets and various asset products based on cryptocurrencies. Nevertheless, Bitcoin-backed GBTC is the most selling financial asset. Grayscale is known for its #dropgold campaign to favor digital currencies. The LLC recently conducted a survey, including investors in the US.

Grayscale Investments, LLC is a regulated firm for cryptocurrency asset management and investment. It offers multiple single assets and various asset products based on cryptocurrencies. Nevertheless, Bitcoin-backed GBTC is the most selling financial asset. Grayscale is known for its #dropgold campaign to favor digital currencies. The LLC recently conducted a survey, including investors in the US.

Bitcoin News
Bitcoin News

Billionaire VC on Bitcoin and Crypto: Will Make the World a Better Place

Timothy Cook Draper, popularly known as Tim Draper, is an American venture capital investor and early Bitcoin investor. He has for long supported cryptocurrencies and reiterated the same in a recent interview. He believes cryptocurrency is good for humanity. He said that it would even drive the Governments to “think like businesses” in providing better

Timothy Cook Draper, popularly known as Tim Draper, is an American venture capital investor and early Bitcoin investor. He has for long supported cryptocurrencies and reiterated the same in a recent interview. He believes cryptocurrency is good for humanity. He said that it would even drive the Governments to “think like businesses” in providing better

crypto regulations in India
Bitcoin News
crypto regulations in India
Bitcoin News

Week of Crypto-Regulations: Governments in the US, China and India Take Heed

The past week saw a lot of progress made by the authorities in relation to Bitcoin and cryptocurrencies. Libra announcement by Facebook last month gave the impetus to Governments all around the world to finally take immediate notice of the matter. Bitcoin began a new age of digital asset which is not yet defined by

The past week saw a lot of progress made by the authorities in relation to Bitcoin and cryptocurrencies. Libra announcement by Facebook last month gave the impetus to Governments all around the world to finally take immediate notice of the matter. Bitcoin began a new age of digital asset which is not yet defined by

grayscale report
Bitcoin News
grayscale report
Bitcoin News

Bitcoin Mining Report By Coinshares and Fidelity Breaks Rhetoric on Profitability and Geo-fencing

CoinShare released its third edition of Bitcoin Mining Report along with Fidelity Center for Applied Technology. It is an expansive piece of research to address one of the most daunting and rather important aspects of Bitcoin, the mining process. In a game of supply and demand, supply should account for 50% of the price consideration.

CoinShare released its third edition of Bitcoin Mining Report along with Fidelity Center for Applied Technology. It is an expansive piece of research to address one of the most daunting and rather important aspects of Bitcoin, the mining process. In a game of supply and demand, supply should account for 50% of the price consideration.

usa
Bitcoin News
usa
Bitcoin News

US in Negotiations with SWIFT to Remove Iran from the Network, Golden Opportunity for Cryptos & Blockchain?

With the US government pressuring the cross-border payment solutions provider SWIFT to remove Iran from its network, blockchain-based payment solutions and cryptocurrencies can be seen as alternative solutions. SWIFT being pressured by US govt. to remove Iran from its network According to the latest reports, US Treasury Secretary Steven Mnuchin said the Treasury is in

With the US government pressuring the cross-border payment solutions provider SWIFT to remove Iran from its network, blockchain-based payment solutions and cryptocurrencies can be seen as alternative solutions. SWIFT being pressured by US govt. to remove Iran from its network According to the latest reports, US Treasury Secretary Steven Mnuchin said the Treasury is in