Crypto VC mulls whether market is 'near the bottom'
Crypto venture capitalist Felix Hartmann believes the altcoin market’s pullback to “long-term trendlines” combined with sustained negative funding rates, may signal a market bottom.
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Congress Proposal to Give Everyone $2000/mo ‘Strengthens Case for Bitcoin’
Democrat congresswoman Maxine Waters has proposed giving $2000 a month to every adult, and $1000 a month to every child in America, to help see them through the COVID-19 financial crisis.Waters — the Chair of the U.S. House Financial Services Committee — made a series of other extraordinary legislative proposals to help the economy in…

Tether onboards head of government affairs from PayPal
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether.

Binance CEO expects ‘very high volatility’ in crypto. Here’s how to trade it
Volatility is a complex statistical measure commonly used by traders and investors. Those unfamiliar with it will likely attribute some sort of special ‘standing’ to analysts whenever the term is used. However, as shown in a recent comment by Binance exchange founder, Changpeng Zhao, most of the time people are clueless about what volatility means.Expect…

‘Bullish rate hike’ — Why crypto spiked today in the face of bad news
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets. 727 Total views 21 Total shares Crypto markets have been pumping since the announcement of a 75 basis point interest rate hike in the United States, with experts explaining that the markets may…

French telecom group invests millions in local AI industry
The French telecom group Iliad revealed it has purchased one of Europe’s most powerful supercomputers and plans to create an AI research lab in Paris, among other developments. 69 Total views 1 Total shares The French telecommunications group Iliad announced on Sept. 26 that it has plans to invest millions to build up the local

People’s Bank of China Continues CBDC Development Talks
The People’s Bank of China held a teleconference on April 3 in Beijing, China. One of the main points confirmed during the call involved the institution’s continued research and development of a central bank digital currency, or CBDC.CBDC development is one of the bank’s top priorities The meeting summarized the central bank’s achievements with fiat currency,…

Bitcoin sees ‘quite healthy’ consolidation on $200M BTC options expiry day
Everything is bullish except the price on Friday as $200 million in options expire and attention focuses on corporate quarterly disclosures. 3467 Total views 7 Total shares Bitcoin (BTC) ranged around $48,000 on Friday as hopes of a bull run endured thanks to low supply and upcoming corporate disclosures.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnticipation…

Report: ICO Fundraising Plummeted 95% Year-Over-Year in 2019
A report published by research firm CB Insights has found that equity funding has dramatically overtaken initial coin offerings (ICOs) as the dominant means of finance in the blockchain space. While the largely unregulated ICO boom of 2018 raised $7.8 billion, initial coin offering funding fell more than 95% to raise $371 million in 2019. By…