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Will they or won’t they? Central banks eye each other’s digital currency moves
Canada doesn’t want any "surprises" regarding central bank digital currencies. In a recent interview with Reuters, Bank of Canada Governor Tiff Macklem doubled down on the country's contingency-plan approach to CBDCs, stressing that he sees no urgent need to issue one right now. For Macklem, inter-state competition and coordination remains the key question when it comes…
Tom Lee’s Five Simple Reasons for a Bitcoin Bull Run in 2020
Fundstrat’s Tom Lee was the main highlight of last week’s Blockchain Economy 2020 event in Istanbul, Turkey. Taking the stage on day two, Lee addressed a crypto-savvy audience for about half an hour.Before delving into why Bitcoin (BTC) would see a price hike this year, Lee started his speech with a nod to the famous…
Ethereum layer-two network to offer batched Tether payments
Hermez, an Ethereum scaling solution, has partnered with Tether to offer cheaper Tether transactions via zero-knowledge rollups. 462 Total views 4 Total shares Popular stablecoin Tether (USDT) is the first token to go live on the Hermez layer-two network, the company announced on Monday.As part of the collaboration, batched USDT transactions will be possible once…
Updating Live: Zuckerberg Hearings Before Congress on Libra
Disclaimer: This article will be updating live for the duration of the Oct. 23 hearing. Please check in for the latest from the hearing.In Advance:In a much-anticipated meeting of politics and tech, Facebook CEO Mark Zuckerberg has finally made his way to United States regulators. He will be testifying before the House Financial Services Committee…
Miners are hoarding Bitcoin from record daily earnings
Miners are back in accumulation mode, with 5,000 BTC added to Bitcoin’s unspent supply since the start of February. 1839 Total views 23 Total shares Bitcoin miners are stashing away their coins for higher prices, with direct transfers from miners to exchanges plummeting nearly 40% since mid-March.Data from on-chain analytics provider Glassnode shows that miners’…
Block.one’s Bitcoin reserves are now worth double the entire EOS market cap
Block.one holds a reported 140,000 BTC which is worth around double the EOS market cap. Does that make EOS a buy? 1738 Total views 7 Total shares EOS has largely under performed during this crypto rally and has dropped out of the top ten by market cap, but one industry executive believes it could be…
With 6 hours left, Treasury logs almost 6000 comments on crypto monitoring proposal
It looks like crypto stakeholders turned out in force, despite the Treasury's best efforts to evade scrutiny. 2804 Total views 19 Total shares Despite many objections to the truncated timeframe, public comments are due tonight in response to the U.S. Treasury's proposal to require businesses like crypto exchanges to know the identities behind wallets with…
Hyperbitcoinization is underway, RFK seeks Bitcoin donations and other news: Hodler’s Digest, May 14-20
Top Stories This Week Hyperbitcoinization coming, says Bitcoin OG as ‘wholecoiners’ hit 1 million Bitcoin has crossed a significant threshold this month — there are over 1 million addresses that hold at least 1 BTC. Data from Glassnode shows an escalating pattern with regard to the amount of so-called Bitcoin “wholecoiners.” If the trend continues,…