CRYPTOCURRENCY
Crypto News
The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.
The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.
Dave Portnoy Calls Bitcoin “A Ponzi Scheme,” but Says He Will be Back for Crypto
Dave Portnoy revealed that he had previously bought $1.25 million worth of Bitcoin, despite thinking the cryptocurrency was just a “just one big Ponzi scheme.”
Bitcoin Wallets Transferring Funds to Crypto Exchanges have Doubled Since January
Glassnode, an on-chain market analytics firm, has disclosed that addresses sending Bitcoin to crypto exchanges have doubled since January 2020.
European Commission Eyes Crypto Regulatory Framework with New Digital Finance Package
The European Commission (EC) has unveiled a digital finance package that highlights legislative proposals on crypto assets and digital resilience.
United States Moves Forward With Crypto Regulation
Two new crypto-related bills were discussed among the House Agriculture Committee this week as the United States moves forward with crypto regulation.
Bithumb Crypto Exchange Puts Itself Up for Sale Amid Fraud Probe
Bithumb cryptocurrency exchange is set up for sale amid accusations of the alleged fraud.
Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms
Power plants in Iran are considering supplying surplus electricity to Bitcoin and cryptocurrency mining farms in the nation.
Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight
The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.
Bitcoin Price Breaks $11K Again, but Can’t Maintain Bullish Momentum
Over the weekend, Bitcoin broke past the $11,000K mark once again but has fallen back to record an approximate price of $10,900 since then.
US FinCEN Files Show Deutsche Bank Tops List of Suspicious Transactions, So Cut Bitcoin Some Slack
German central bank, Deutsche Bundesbank appears to have facilitated over one trillion dollars of suspicious transactions flagged by US FinCEN.
US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments
Wealth manager, Sandi Bragar, considers PayPal as the best choice for businesses because of its bet on cryptocurrency.