Year: 2020

Gold bug Peter Schiff has been publicly confronted by his 18-year-old son, a bitcoin proponent, on the topic of value. Calling his dad’s understanding of money “Flawed,” Spencer Schiff made the statement in defense of TV Personality Max Keiser, who was having an argument with Peter on Twitter. ‘Your Understanding of Money is Flawed’ Gold bug Peter Schiff was confronted by his son, Spencer Schiff, on Monday after he accused TV personality and bitcoin proponent Max Keiser of not understanding Read more …

With 2021 less than 24 hours away, Polkadot creator Gavin Wood says the project has built up a head of steam heading into the new year. In a 2020 roundup published on Wednesday, Wood highlighted Polkadot’s rise to becoming the number crypto for staking based on the volume of staked tokens. According to Stakingrewards.com, over 63% of the 1.02 billion DOT token supply is locked in staking wallets. This percentage amounts to about $5.2 billion in staked DOT “coins” based Read more …

The crypto world is full of malicious hackers and other serious threats to your digital assets. CyberGhost VPN, which is trusted by over 36 million users globally, can help protect your security when making online transactions and payments. The service accepts bitcoin and you can now save over 80% from the regular price with a CyberGhost VPN New Year’s offer. Make Online Security Your New Year’s Resolution The incredible wealth stored in digital assets has attracted to the crypto world Read more …

A major South Korean TV series with crypto and blockchain-related topics is set to launch its production stage at the beginning of 2021, directed by Gemstone Film, in collaboration with firms in China and the United States. South Korean Crypto-Related TV Drama Series ‘Pumping Time’ Is Set to Start in 2021 According to Financial News, “Pumping Time,” the tentative name for the drama series, is planned for a total of 10 seasons with 20 episodes per each one. The producers Read more …

2020 has been a stellar year for the crypto economy, with more enterprises and institutions than ever before implementing the technology. Big announcements, such as PayPal’s decision to enable its users to buy and sell Bitcoin (BTC), have understandably dominated the headlines. However, pivotal regulatory developments across the globe have largely flown under the radar and arguably present even greater significance for crypto in the long term. Related: Will PayPal’s crypto integration bring crypto to the masses? Experts answer The Read more …

Bitcoin (BTC) has posted its highest transaction volume since early 2018 as data points to more and more investors entering the market. Figures from on-chain analytics resource Digital Assets Data highlights December 2020 as already sparking Bitcoin’s second-largest transaction volumes. BTC transaction volume eyes record At a total of $252.37 billion the remaining 24 hours of December may yet take the tally further still as it rivals December 2017. Bitcoin transaction volume 1-month chart. Source: Digital Assets Data Other indicators, Read more …

The Nasdaq listed Greenpro Capital Corporation has revealed plans to set up a bitcoin fund using $100 million in borrowed funds. In addition to the borrowed funds, Greenpro, through its subsidiary Cryptosx, says it plans to use its own cash resources to acquire the digital asset. The financial services firm which has its headquarters in Hong kong joins the growing list of banks, hedge funds, insurance companies and institutions holding bitcoin. In a statement announcing plans to set up the Read more …

Ethereum extended its rise and traded towards $760 before correcting lower against the US Dollar. ETH price is showing positive signs and it looks set to clear $750-$760. Ethereum is trading in a positive zone and it recently climbed to a new yearly high at $758. The price is now trading well above $730 and the 100 hourly simple moving average. There is a major bullish breakout pattern forming with resistance near $760 on the hourly chart of ETH/USD (data Read more …

Ripple has hit back at the U.S. Securities and Exchange Commission (SEC), accusing it of creating more uncertainty and failing in its duty to protect the crypto community. In panning the SEC’s decision to designate its XRP token as a security, the company claims the regulator’s lawsuit against it amounts to an attack on the entire crypto market in the US. XRP Token Holders Affected The latest comments by the Ripple team follow reports of the delisting of the XRP Read more …

Bitcoin price extended its upward move and traded to a new all-time high near $29,250 against the US Dollar. BTC is likely to continue higher towards the $30,000 level. Bitcoin is gaining bullish momentum above $28,400 and it broke the $29,000 level. The price traded as high as $29,274 and settled well above the 100 hourly simple moving average. There is a major breakout pattern forming with support near $28,650 on the hourly chart of the BTC/USD pair (data feed Read more …

Spacex and Tesla CEO Elon Musk, widely believed to be the man taking humanity to Mars and building a permanent settlement there, tweeted his approval of the idea that Mars’ economy will run on cryptocurrency. Elon Musk Envisions Mars’ Economy Run on Cryptocurrency Elon Musk believes that Mars’ economy will be run on cryptocurrency. He said early this month that he is “highly confident” that his company Spacex will land humans on Mars “about six years from now.” He further Read more …

The XRP token’s market capitalization has fallen almost $130 billion since its all-time high in 2018, making the cryptocurrency project’s decline comparable to the collapse of major financial institutions. According to Josh Frank of crypto-focused research company The TIE, the project is experiencing a collapse similar to some of the biggest corporate scandals and catastrophes in recent history. XRP’s market cap has fallen by 93% from $137B to under $10B. That makes the value of the XRP collapse bigger than Read more …