Etheruem’s rally to a new all-time high is being followed by equally impressive performances from the majority of altcoins. Ether (ETH) led the market higher as it trekked toward another new all-time high at $1,763. ETH CME futures are scheduled to launch on Feb. 9, leading many analysts to predict that the top-ranked altcoin will hit $2,000 before meeting any significant resistance.  Data from Cointelegraph Markets and TradingView shows Ether currently trades at $1,714, an increase of 3.27% on the 24-hour chart while Bitcoin (BTC) is up […]

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Bitcoin will still have notable value fluctuations, but it’s out of bubble territory, according to Michael Wu. A number of entities have called Bitcoin (BTC) a bubble since its inception roughly 12 years ago. Michael Wu, CEO of digital asset financial services outfit Amber Group, thinks otherwise, however.  “I think it’s always like this when people come into a new paradigm shift,” Wu said in a CNBC interview on Thursday, referring to the concept of Bitcoin as a bubble. “People start with doubts, with skepticism — it’s […]

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Lawmakers are prepping new tools to pursue tech firms accused of anti-competitive business practices. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note As they say, the sun never sets on the Google empire. That said, the role of antitrust law in tech has been on the rise in recent years. Every indication is that the situation is only going to get worse for mega tech firms.  So Jeff Bezos’ departure from the top spot […]

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Altcoins are reaching multi-year highs while Bitcoin price builds momentum for the next run at the $40,000 level. Bitcoin’s (BTC) correction from its January high has not shaken the confidence of institutional investors. According to Glassnode analysts, the number of whales holding more than 1,000 Bitcoin has increased by 200 this year. Along with the institutions, several high profile investors have also committed money to the crypto sector. Hedge fund manager Paul Tudor Jones, former PepsiCo CEO Indra Nooyi, and American rapper LL Cool J have invested […]

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The crypto gains are coming in, but how long will it last? How long will crypto’s current season of prosperity last? Ari Paul, chief information officer at BlockTower Capital, thinks the bull run has at least nine more months.  In a tweet on Feb. 4, Paul said the industry is currently in the “7th inning of the crypto bull market.” He added: “This is where we get ongoing, dizzying rotation. BTC up, then when BTC takes a breather, ETH and some largecaps (and in this regime, defi […]

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2021 will be a pivotal year for DeFi by transforming the way we see financial services and the future of money. Following the explosive growth of decentralized finance in the second half of 2020, we’re asking ourselves what the next chapter will look like. What would it take for DeFi to expand beyond crypto-native assets and communities and start eating financial services as we know it? The second half of 2020 surpassed many of our expectations, and the market has only accelerated since then. Total value locked […]

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