Incoming SEC Chief: Fate of XRP Could Have Wider Impact on Crypto Industry

Gary Gensler, widely expected to be the next chairman of the US Securities and Exchange Commission, believes Ripple’s legal battle with the SEC could have a wide-reaching impact on the crypto industry.

Law Decoded: The guard changes, and with it, the tweets, Jan. 8–15

Accompanying the presidential transition are some major questions about the role of social media in society and politics.

GBTC has a new a competitor in the OTC Bitcoin trust market

Another way to buy Bitcoin in stock form has surfaced.

Wireline Settles SAFT Suit With SEC; Peirce Partially Dissents

Wireline is now barred from distributing the tokens it promised investors in its 2018 SAFT sale.

Goldman Sachs to Enter Crypto Market ‘Soon’ With Custody Play: Source

Goldman, JPMorgan and Citi are all said to be looking at crypto custody.

Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH

Bitcoin may be down now but there is still growing demand for crypto assets, one analyst said.

Argentine Billionaire Marcos Galperin Says Bitcoin a ‘Better Store of Value Than Gold’ as Officials Plan to Print More Pesos

Argentine billionaire and CEO of the e-commerce platform Mercado Libre, Marcos Galperin says bitcoin is a better store of value than gold.

Mt. Gox Victims Can Now Recoup (Some of) Their Bitcoin

Investors in the defunct Bitcoin exchange have been trying to recoup at least some of their losses since 2014.

Ethereum Co-founder Wants to Help Jack Dorsey Decentralize Twitter

Charles Hoskinson says he’s working on a social media project, and wants Twitter’s decentralization project opened up to the community.

What explains Tether's $25B market cap push?

Tether's market cap hit $25 billion today, with Bitcoin trading below $40,000 on the price charts.

Bitcoin’s Bear Case Suggests Move to $28,000 is a Possibility in the Near-Term

Bitcoin’s price action as of late has been quite ambiguous, with buyers and sellers largely reaching an impasse as BTC struggles to gain any decisive momentum The crypto did make an attempt to break above $40,000 yesterday, but the selling pressure here was significant and sparked a rejection Its price has since plunged to the […]

Report: Mt Gox Creditors Could Claim 90% Of The Owned Bitcoins After A CoinLab Deal

Victims of the infamous Mt. Gox hack could finally see a happy ending after a deal that will enable them to claim 90% of the bitcoins they are owned.

Africa to bring 100 million users to DeFi in three years from now, says founder of Cardano

Cardano founder Charles Hoskinson predicts that the DeFi revolution will take place in the developing world.

Price analysis 1/15: BTC, ETH, XRP, DOT, ADA, LTC, BCH, LINK, XLM, BNB

Altcoins have entered a slight correction after Bitcoin's relief rally lost steam and the price dropped below $35,000. Grayscale products witnessed $3.3 billion in inflows in the fourth quarter of 2020, a large jump over the $1.05 billion seen in the preceding quarter.

Mt. Gox Creditors Can Claim 90% of Bitcoin Left in Bankruptcy: Bloomberg

The agreement is subject to creditor acceptance.

Fixing Crypto’s Silos

Our fragmented status quo - thousands of tokens, hundreds of dapps - will not work indefinitely without interoperability.

Will Mayor Suarez’s Miami Be the First Major City to Buy Bitcoin?

The entrepreneurial mayor brings his recruitment of tech talent to the crypto space with the potential of a 1% investment of the city’s reserves into BTC.

Crypto Exchange Owner Sentenced to 10 Years in Prison for Multimillion-Dollar Scheme to Defraud Americans

The US has sentenced a cryptocurrency exchange owner to 10 years in prison.

Ethereum, Dogecoin, Maker Price Analysis: 15 January

Ethereum's price was on the verge of registering a new ATH, before a massive correction hit once again.

NavCoin releases its new privacy protocol, one day after Binance adds NAV to its staking program

Following their January 1st announcement, the Navcoin Core team has made available the final version of the Navcoin Core 6.0 binaries, which includes support for its new private coin xNAV based on the The post NavCoin releases its new privacy protocol, one day after Binance adds NAV to its staking program appeared first on AMBCrypto.

How are Chainlink's whales propping up its price?

Chainlink was one of the market's star performers as 2020 came to a close.

Rick and Morty Co-Creator Selling Crypto Art Collection in Digital Auction

Nifty Gateway, a marketplace for non-fungible tokens, is auctioning off digital art made by the co-creator of the animated series Rick and Morty.

Could Mt Gox Be The End Of Yet Another Epic Bitcoin Rally?

For nearly as long as Bitcoin has been trading, its existence has been a thorn in the sides of crypto investors everywhere.

Bitcoin Faced First Major Correction In Current Bull Run: The Crypto Weekly Market Update

This was one of the most intense weeks.

Associated Gas Pilot Could Lead to Huge Boon for Russian Bitcoin Miners

Russian Bitcoin (BTC) miners could be in for a massive, unexpected environmentally friendly windfall if a pilot leads the nation’s energy giants to embrace crypto mining en masse. Further details have been unveiled about a plant operated by the oil arm of Gazprom, Gazprom Neft, which late last year invited miners to set up shop at an oilfield in the Khanty-Mansi

US Lawmakers Reintroduce Crypto Crime Bill to Combat 'Terrorist Use'

The bill calls for the formation of an “Independent Financial Technology Task Force to Combat Terrorism and Illicit Financing.”

Bitcoin Mining Revenue Hits $20 Billion, Doubling in Two Years

Bitcoin miners are making a killing from this bull run.

Stacks' big week sees major partnerships follow mainnet launch

Foundry Digital, Blockdaemon and Upbit are backing the launch of Stacks 2.0.

Why Celsius Thinks CEL Won’t Receive the Same SEC Treatment as XRP

In an interview with CoinDesk TV, CEO Alex Mashinsky explained why CEL has drawn recent interest from altcoin investors.

Litecoin, OMG Network, SushiSwap Price Analysis: 15 January

Litecoin appeared to be consolidating around $150 as it gathered steam to begin another northbound move to test the $180-level of resistance.

Yearn Finance proposal to mint 1000 YFI tokens to reward core devs faces opposition

Yearn Finance made waves in the crypto-community after it introduced a new proposal to mint 1000 YFI tokens that will be later distributed among its core developers.

Mayor Francis Suarez Pushing to Make Miami Most Crypto-Friendly City on Earth

Miami’s mayor is pushing to position his city as a crypto-friendly haven.

Chainlink Hits All-Time High Price, Crashes 20% 3 Hours Later

LINK Marines stormed the crypto market today, taking Chainlink’s price to new heights.

Here’s how institutional investors ignited Bitcoin’s rally to $40,000

Experts weigh in on the main events from 2020 that impacted Bitcoin’s price the most. From the COVID-19 pandemic to mass-scale money printing and social unrest, 2020 was a wild year.

Coinbase users can now report their crypto taxes using CoinTracker

Filing 2020 taxes may be slightly less complicated for Coinbase users than it was before.

Crypto, Washington and the Internet Age, With Christopher Giancarlo and Marvin Ammori

An insiders look at how new, disruptive technology and government interact.

Bitcoin News Roundup for Jan. 15, 2021

With the price of BTC bouncing off $40K and the Fed in no rush to issue its own token, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

Money Reimagined: Bitcoin’s Warning for Central Banks

Bitcoin's rising price reflects declining faith in the existing financial system.

Blockchain Bites: Coinbase Wants to Crowdsource Asset Listings; What’s Up With Tether’s Bank?

Deltec invested some clients' funds in bitcoin, but not Tether's, the bank confirms.

EOS, Aave, Vechain Price Analysis: 15 January

For many of the crypto-market's altcoins, the past few days have been all about recovering their prices after Bitcoin's drop on the charts.

Do Bitcoin HODLers decide the returns on your portfolio?

Bitcoin’s rally to its latest ATH in the first week of January may have made the headlines, but what's in it for your portfolio? Let's go further - The burning question is, what is the role of HODLe The post Do Bitcoin HODLers decide the returns on your portfolio? appeared first on AMBCrypto.

Rollercoaster: $340M Long Positions Liquidated as Bitcoin Price Crashed $3000 In Hours

The past few hours saw Bitcoin dropping by about $3,000 and liquidating upwards of $340 million worth of long positions in the process.

$500K Bitcoin Donation Funneled to Groups Involved in US Capitol Riot: Analysis

Blockchain intelligence firm Chainalysis has reported that some of the people involved in the US Capitol riot received donations in bitcoin.

Bitcoin ETP Boom, Crypto & Zero, Mortgage & Cows On Blockchain + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Binance Debit Card Review: Is This The Ultimate Crypto Card?

The world’s biggest crypto exchange has created a slick, stealthy card that aims make crypto more usable in everyday life.

Bitcoin slides under $35K despite Biden unveiling $1.9 trillion stimulus

Positive reactions to a $1.9 trillion stimulus package combine to squash Bitcoin's bullish sentiment. Bitcoin (BTC) fell below $35,000 on Jan.

British financial advisor calls on the gov’t to ban crypto transactions

Veteran financial advisor Neil Liversidge came to the UK Government and Parliament with a petition to ban crypto transactions. Neil Liversidge, a veteran financial advisor, has called on the government of the United Kingdom to ban transactions in cryptocurrencies like Bitcoin (BTC). Liversidge, the owner of the independent financial advisory firm West Riding Personal Financial Solutions, started a petition urging local financial authorities to stop crypto transactions in the UK The petition reads: “Legislate to prohibit the payment by or acceptance of cryptocurrencies by UK resident businesses or individuals, and require UK regulators (the FCA and PRA) to prohibit transactions by UK financial institutions in cryptocurrencies such as Bitcoin.” Liversidge cited a common anti-crypto narrative, arguing that cryptos like Bitcoin have no intrinsic value and “can be a destabilising influence on society, and often used for criminal activity.” The advisor also thinks that cryptocurrency mining is “harmful to the environment.” According to the UK Government and Parliament website, the petition’s deadline is July 7, 2021.

Bitcoin Institutional Inflows Are Rising as Grayscale Bitcoin Portfolio Now Estimated to be Worth $23.69 Billion

Bybt crypto trading platform has disclosed that Bitcoin institutional inflows are not showing any signs of slowing.

Man Accidentally Threw Away Hard Drive With 7,500 Bitcoins, Offers City $72 Million to Search Landfill

A man has accidentally thrown away a hard drive containing 7,500 bitcoins.

$1 billion worth SNX transferred for $7 in gas fees

According to reports from Etherscan, a whopping $1 billion was transferred on the Ethereum blockchain for only $7 in gas fees. This transfer, which was perhaps one of the largest transactions obser The post $1 billion worth SNX transferred for $7 in gas fees appeared first on AMBCrypto.

Bitcoin Cash, Loopring, YFI Price Analysis: 15 January

Bitcoin Cash sought to defend the $495-level of support and appeared likely to see a move to $540 over the next few trading sessions.

Polkadot Price Analysis: 15 January

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The past 60 hours have been bullish for Bitcoin.

QuiverX to Integrate Chainlink Proof of Reserve To Power Transparent, Decentralized Crowdfunding

QuiverX Capital, Ltd. will be working exclusively with the Chainlink Network to integrate a customized Proof of Reserve oracle solution within the QuiverX Capital crowdfunding portal that provides quarterly on-chain updates of listed businesses’ off-chain earnings.

Jack Dorsey Calls Bitcoin ‘Foundational Internet Technology’ While Explaining Twitter’s Trump Ban

Twitter CEO and co-founder Jack Dorsey is calling Bitcoin a blueprint for the future of the internet.

A Debit Card for Your Coin with Folgory

An important event as occurred in not just the crypto world, but the entire financial market as news reports emerge of an agreement between Hashfort and Codego.

Crypto Price Analysis & Overview January 15th: Bitcoin, Ethereum, Ripple, Polkadot, and Cardano

This week has been particularly volatile.

Bitcoin Must Solve Blockchain Bloat to Sustain its Growth

The Bitcoin blockchain is growing at a staggering rate, making it a challenge to run a full node.

Ledger Users Get Phishing Phone Calls After Database Leak

Ledger crypto wallet users are reporting suspicious phone calls that seemingly originate from all across Europe.

Cardano Price Analysis: 15 January

Disclaimer: The findings of the following analysis are the sole opinion of the writer and should not be taken as investment advice Cardano's ecosystem has been witnessing strong developments of la The post Cardano Price Analysis: 15 January appeared first on AMBCrypto.

Russian Contract Killers Take Crypto as Payment, Say Investigators

Russia’s Investigative Committee has already encountered cases where cryptocurrencies were used to pay for a contract killing.

Crypto is going public: Timing is key as Bakkt secures NYSE listing

As Bakkt prepares to be listed on the NYSE, even more crypto companies could be going public in the future. Digital assets marketplace Bakkt is set to go public on the New York Stock Exchange in 2021, which could pave the way for more cryptocurrency service providers to follow suit.

MahaDAO’s Algorithmic ‘Valuecoin’ Goes Live on Ethereum

ARTH tries to maintain its value over time compared to other stablecoins that lose value as the dollar is inflated.

First Mover: Biden’s $1.9T Plan Shows ‘Blue Wave’ Bitcoiners Saw Coming

The Federal Reserve might need to print money to help finance Biden's coronavirus relief proposal, to keep Treasury-bond interest rates from climbing.

CEO Sentenced to 18-Month Jail Term for Accepting Bitcoin Bribes to List a Cryptocurrency

A South Korean court has sentenced the former CEO of the defunct crypto exchange Coinnest to 18 months in prison.

What does Bitcoin need to breach $41,000 again?

Bitcoin has been in the news a lot lately, mostly due to its exponential price performance over the past few weeks.

Banks Fined $14 Billion in 2020 for Money Laundering Violations, Personal Data Leaks and More

New data reveals that banks from around the globe have been fined $14 billion in money laundering and operating violations over the course of the last year.

LINK Skyrockets 30% To Break ATH Above $20: Chainlink Price Analysis

Chainlink saw a strong 30% price surge today and created a new ATH at $22.82.

IMF Poll: Digital Currencies Are Real Money

The overwhelming majority of respondents in a recent IMF poll believes that digital currencies really are money.

Did This USD 140B Manager Just Write a Guide For a Bitcoin Hodler?

Billionaire investor Howard Marks, co-founder of USD 139.6bn asset management firm Oaktree Capital Group, wrote an investor memo, shortly discussing bitcoin (BTC), but also delving into holding shares - providing points that could arguably be applied to hodling world's number one crypto.

Forget ETH Killer. This Crypto Project Aims to Be Facebook Killer

Revolution Populi wants to foster social networks that don't steal your data.

Sick of yield farming? Your liquidity could save Earth from the Daleks

A new scheme from Reality Gaming Group is offering NFT trading cards from Doctor Who: Worlds Apart as an incentive to liquidity providers. The decentralized finance craze has provided endless opportunities for token holders to farm yield through staking their assets in a wide variety of liquidity pools. But for those who yearn for something a little more tangible than yet another “worthless” token in return for locking up theirs, Reality Gaming Group has another option. The Doctor Who: World’s Apart and Reality Clash developer is offering a liquidity boost and rewards program featuring NFTs from its portfolio of games. The scheme has launched alongside an RCC/ETH liquidity pool on Uniswap and offers rewards to those who stake a minimum of $200 worth of RCC tokens into the pool. The rewards comprise of three elements: a percentage of the Uniwap fees, a 100,000 RCC per month drop distributed between pool participants, and exclusive NFTs worth hundreds of dollars. The amount of NFTs that stakers can receive depends on the amount of time that liquidity is deposited in the pool. Rewards will be randomly chosen from across all four of the games in the RGG stable, and over a six-month period may comprise five Doctor Who: Worlds Apart trading cards, along with ten or more from the other three games.

Gamers are still Nvidia’s masters, but Ether miners could change that

Nvidia's chief financial officer says the firm could restart its mining-specific line of graphics cards if demand from cryptocurrency miners increases. Gaming hardware giant Nvidia has addressed the ongoing shortage of its new RTX 3000 product line after high demand from gamers, and to a lesser extent, cryptocurrency miners, pushed up prices and cut availability. Nvidia chief financial officer Colette Kress said the company didn’t have good visibility into how much demand came solely from cryptocurrency miners, but she doesn’t believe it’s a big part of the business at this time.

Cointelegraph Consulting: Institutions keep the Bitcoin bull market on track

Volatility and funding rates surge, but large BTC holders continue to accumulate. As the institutional investment narrative continues to play out, on-chain metrics show the continued accumulation of BTC in large addresses is still ongoing, with an increase of 9% during the previous 30 days alone.

Advisers Allocating Crypto in Clients’ Portfolios Rose 49% Last Year: Survey

The number of advisers allocating to crypto in client portfolios rose from 6.3% to 9.4% in 2020.

Bittrex Won’t Disclose Why It Withdrew Support for Dash, Zcash, Monero

As of today, zcash, monero and dash won’t be included among Bittrex’s tradable assets.

Bitcoin Price Analysis: 15 January

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin's price, at press time, was in a bullish pattern, with mo The post Bitcoin Price Analysis: 15 January appeared first on AMBCrypto.

Neutrino to integrate Chainlink Proof of Reserve oracle

Neutrino protocol is the latest project to announce an integration with the Chainlink network, an update that comes on the back of a long line of developments in the latter's ecosystem.

Polkadot, Dash, Uniswap Price Analysis: 15 January

Bitcoin made a comeback on the charts over the past 24-hours, with the cryptocurrency trading close to its $38k-level of resistance.

Elon Musk Deconstructs Money Prompting Bitcoiners to Ponder the Meaning

Elon Musk. Tesla chief Elon Musk made another comment on the definition of money, with some interpreting it as supportive of Bitcoin (BTC) and others not as much.

Bitcoin and Altcoins Correct Gains

Bitcoin price struggled to continue higher above USD 39,200 and it started a downside correction.

Bitcoin Rally Sees Drop in Number of Medium-Sized BTC Investors

The number of addresses holding between 10 to 100 Bitcoin has been going down despite Bitcoin’s bull run.

'Elon Musk' Twitter Scams Rake in $580,000 of Bitcoin

Fake Bitcoin giveaways impersonating the Tesla Motors CEO were found spreading all over Twitter by “verified” accounts.

Crypto anti-terrorism bill introduced in the US House of Representatives

A bipartisan group of representatives has introduced a bill to the House that seeks to create a task force focused on combating terrorist financing via cryptocurrencies. US Representative Ted Budd (R-NC) has sponsored a new piece of legislation aimed at creating an agency tasked with combating the use of cryptocurrencies in terrorist financing. The bill — H.R.

Minerals giant Norilsk Nickel joins Responsible Sourcing Blockchain Network

The world’s largest producer of palladium and high-grade nickel is joining a multi-stakeholder initiative that uses blockchain technology. "Mining" may be most frequently used in the crypto industry to refer to the process by which digital currencies are collectively generated — but there are contexts in which firms are adopting blockchain infrastructure to manage the most physical of mining supply chains. The Russian company Norilsk Nickel — the world’s largest producer of palladium and high-grade nickel and a large producer of platinum and copper — has joined an initiative called the Responsible Sourcing Blockchain Network, according to an announcement published on Jan.

Canada’s first public Bitcoin fund hits $1 billion

3iQ’s Bitcoin QBTC fund has surged 900% in market cap since October 2020, breaking a $1 billion milestone. Canadian regulated digital asset manager 3iQ has recorded another massive milestone of its public Bitcoin (BTC) fund. On Jan.

JPMorgan Provides $100M Financing Facility for Blockchain Mortgage Platform Figure

The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions.

Biden’s $1.9T Relief Package Proposal Fails to Stir Bitcoin Market

The US dollar's rise on the news maybe be playing spoilsport to the bitcoin bulls.

Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US

One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States.

Miami now exploring crypto-regulations that will enable Bitcoin payments

"We want to be one of the most crypto-forward and technological cities in the country," Miami's Mayor Francis Suarez told Fox Business in a recent interview, with the government official the latest to The post Miami now exploring crypto-regulations that will enable Bitcoin payments appeared first on AMBCrypto.

Tron, Ethereum Classic, IOST Price Analysis: 15 January

Tron faced resistance from a horizontal level, as well as from a Gann fan line, and was likely to see a rejection at the level of resistance.

Crypto Newcomer Erupts After Receiving Boost From DeFi Darling Andre Cronje

A decentralized money market project supported by yearn.finance (YFI) creator Andre Cronje is seeing some major price action after announcing further integration with the Yearn ecosystem.

Bitcoin Turning Into a Frenzy: Guggenheim CIO Scott Minerd Says

Bitcoin could indeed reach $400,000 in the long run but there're signs of an impending short-term correction, said Guggenheim's Scott Minerd.

Bitfinex & Tether in Focus amid Key Milestone in NYAG Probe

Source: iStock/standret, Cryptonews.com Today is the date on which the injunction placed on related major crypto companies Bitfinex and Tether by the New York Attorney General (NYAG) expires, and it is also the deadline for both companies to hand over any remaining financial documents tied to the elusive USD 850 million to the NYAG. Tether, the issuer of the most popular stablecoin, tether

Deutsche Börse Bitcoin ETP Trading Volumes Hit Record Levels

The daily trading volumes of ETC Group’s flagship Bitcoin ETP have reached €57 million ($69.1 million).

US Fed: CBDC a ‘very high priority’ to combat bad private sector money

The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell.

China’s blockchain project BSN to pilot global CBDC system in 2021

China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN.

Bitcoin ETP Trading at Levels Seen by Top European ETFs: FT

Only one major ETF was trading at volumes slightly higher than the BTCetc ETP in the first 11 days of January, says the FT.

French Man Who Paid $500,000 In Bitcoin to Activists Involved in US Capitol Hill Riot Leaves Behind A Suicide Note

A Frenchman, who paid more than $500,000 In Bitcoin to Trump supporters left behind a scathing suicide note justifying his health difficulties.

Stellar Lumens, NEM, Zcash Price Analysis: 15 January

Stellar Lumens marked some important levels on the price charts over the last few days and it could be set to trade within a range for the next few days as well.

Bitcoin Core 0.21.0 Brings Taproot Closer and Adds Tor, Fee, Signet Changes

Bitcoin Core Project announced that Bitcoin Core 0.21.0 has been released, bringing a variety of fixes and upgrades to the Bitcoin (BTC) protocol, including a step towards the much-anticipated Taproot upgrade, fee changes, a new type of testing ground, new type of wallet support, and more.