Bitcoin to be ‘political imperative,’ owning none ‘a liability’ — NYDIG
NYDIG’s research head Greg Cipolaro said “there are no excuses” for investors to shirk Bitcoin after Donald Trump and the Republicans’ election sweep.
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BSV president urges Meta to store data for its metaverse on a public blockchain
Jimmy Nguyen, president of BSV Association, hopes that Meta would take an approach that doesn’t store data within their own servers. 84 Total views 8 Total shares While Meta has not yet launched its metaverse project, Bitcoin SV (BSV) Association President Jimmy Nguyen thinks that it would be better for the firm to store user…

Expert: News of Chinese Banks’ Crypto Crackdown Greatly Exaggerated
Last Monday, Chinese media reported that police in Guangdong froze thousands of bank accounts belonging to over-the-counter traders. 144 Total views 33 Total shares It was reported last week that thousands of bank accounts belonging to Chinese over-the-counter cryptocurrency traders were recently frozen by law enforcement. The police claimed that this was part of a…

Bitcoin price drops below $59K as institutions stop buying stablecoins
The Bitcoin price last saw its local bottom before Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%.

Riot Blockchain buys 5,100 S19 Pro Antminers, aims for 1.66% of hashrate
Riot Blockchain has purchased a further 5,100 Antminer S19 Pros, with the firm targeting an operational hashrate of 2 exahashes per second by June 2021. Nasdaq-listed Bitcoin (BTC) mining firm Riot Blockchain has announced a new purchase of 5,100 Bitmain S19 Pro Antminers, that are slated for deployment in February 2021.The new miners will be…

Bitcoin traders regain optimism as BTC price aims to reclaim $57K
Traders say Bitcoin presents the “best buying opportunity” after BTC’s price rebounds toward the $57,000 level.

Price Analysis 5/6: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM
Pantera Capital Founder and CEO Dan Morehead is bullish on Bitcoin (BTC) due to the upcoming halving as he believes that “if the new supply of Bitcoin is cut in half, all else being equal, the price should rise”. If history were to repeat itself, Morehead expects the top-ranked cryptocurrency on CoinMarketCap to rally to…

Polkadot co-founder Gavin Wood steps down as CEO of Parity
Wood will remain the company’s majority shareholder and take on the title of chief architect, where his focus will shift to developing and promoting the mass adoption of Web3 technology. 129 Total views 2 Total shares Gavin Wood, the co-founder of Polkadot, is stepping down as the CEO of blockchain infrastructure company Parity Technologies. Parity…

ECB Board Member: Global Stablecoins Pose Risks to a ‘Fragmented’ Europe
European Central Bank (ECB) board member Benoit Coeure has warned that global stablecoins remain untested and raise potential risks across multiple policy domains. Coeure, a member of the ECB’s Executive Board, made his remarks at the Joint Conference of the ECB and National Bank of Belgium on Nov. 26, in a speech entitled "Crossing the…