Monthly Archives: January 2021

Why 2021 Will Be A Big Year For Bitcoin

2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here to read all of the stories from our End Of Year 2020 Series. Leaving 2020 This year has been a wild ride. We have seen a blitzkrieg on […]

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Russia’s Central Bank tries to stem the tide of rubles leaving bank accounts

With the declared intent of reducing risk, the moves look to cut new investors off from opportunities to get out of the ruble. Beginning investors in Russia will soon find themselves with fewer options to beat plummeting interest rates offered at Russian savings accounts. In addition to the investors themselves, the big losers are likely to be trading apps like Robinhood, which aim at first-timers. Per a Dec. 30 announcement, the Central Bank of Russia is working to get securities trading platforms to toe the line on […]

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UK Judge Rejects US Extradition Requests for Julian Assange, Wikileaks Holds $800K in Crypto

On Monday, a British judge rejected the U.S. request to extradite the Australian editor, publisher, and activist Julian Assange. Following the U.K. judge’s decision, the current president of Mexico, Andres Manuel Lopez Obrador, has offered Assange political asylum in the country. Meanwhile, Wikileaks has gathered hundreds of thousands of dollars in crypto-asset donations since the founders’ arrest in April 2019. US Extradition Requests for Julian Assange Denied The world recently watched a United Kingdom judge reject the United States’ request to extradite the Wikileaks founder Julian Assange. […]

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Crypto-friendly app cautions users to ‘reassess’ XRP holdings

Revolut warned users that their XRP funds could be stuck “in a worst-case scenario.” Revolut, a crypto-friendly trading app, is reportedly issuing a strong warning to its customers regarding buying and selling XRP. According to news outlet The Irish Times, the FinTech firm recently sent out a notice to its customers saying it was still possible for the firm to delist or restrict trading on XRP with little or no notice. Revolut warned users that their funds could effectively be stuck without the means to sell tokens […]

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Price analysis 1/4: BTC, ETH, XRP, LTC, DOT, BCH, ADA, BNB, LINK, BSV

After today’s sharp downside move, Bitcoin and altcoins could trade in a sideways range as bulls and bears fight to control the market’s momentum. Bitcoin (BTC) price plunged by about $3,400 in an hour, warning traders that corrections during a parabolic move are likely to be sharp. Data from Glassnode shows that the fall resulted in the liquidation of Bitcoin futures long positions worth about $190 million on Binance within an hour, the largest to date. In a strong uptrend, corrections are swift but short-lived because investors […]

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Litecoin briefly flips XRP as 4th largest crypto amid Ripple–SEC spat

XRP’s fall from grace saw the asset briefly drop to the number five spot by market cap. Litecoin (LTC) and XRP briefly traded places in market capitalization rankings over the weekend, highlighting the impact of the recent lawsuit against Ripple filed by the United States Securities and Exchange Commission. The so-called “flippening” happened early Sunday when Litecoin’s market cap hit $9.95 billion following a more than 12% surge in price. XRP, meanwhile, had declined in excess of 25% over a 24-hour trading period.  LITECOIN JUST FLIPPED XRP […]

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What lies ahead for crypto and blockchain in 2021? Experts answer

Here’s what industry leaders foresee in the development of the blockchain technology and crypto space in 2021. It would be fair to admit that after 2020 and all it has put us through, making any predictions for the upcoming year is most likely to be a game of blindfold. Meanwhile, I am certain that humanity has much to learn from its past transgressions, and will move forward by correcting our mistakes and weaknesses. That’s what we always do. Undoubtedly, the major driver of our development this year […]

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5 factors show bulls control Ethereum price even after a 26% correction

Multiple data points show investors are strongly bullish on Ethereum price even after today’s sharp rejection at $1,160. On Jan. 4, Ether (ETH) price rallied to $1,160, which was followed by a 24% correction within the following 4 hours. What is clear is that investors are anxiously awaiting the CME’s ETH futures launch which is scheduled for Feb. 8. Another factor driving the current rally is that Ether miners’ balances reached a two-year low, a scenario that some analysts view as bullish. The phenomenal growth of total […]

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Crypto users donate $400K to Julian Assange defense as Mexico proposes asylum

A U.K. judge ruled against extraditing the WikiLeaks founder to the U.S. in response to his legal team arguing he would have a “high risk of serious depression leading to suicide.” Amid speculation on social media that United States President Donald Trump may still pardon Julian Assange before leaving office, lawyers are preparing the WikiLeaks founder for many possible legal outcomes as crypto users open their wallets.  According to Twitter user Whale Alert, users have donated a sizable amount of Bitcoin (BTC) toward the legal defense of WikiLeaks […]

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Ukraine taps Stellar to develop digital asset infrastructure, including CBDC framework

Stellar’s development arm will work with the Ukrainian government on several digital asset initiatives. The Stellar Development Foundation has signed an agreement with the Ukrainian government to facilitate the creation of a digital asset ecosystem, including a framework for a central bank digital currency, or CBDC.  Ukraine’s Ministry of Digital Transformation announced Monday that it has entered into a memorandum of understanding with the Stellar Development Foundation. The MOU outlines Ukraine’s strategy for developing digital assets and CBDC infrastructure. This includes providing support to projects specializing in […]

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