Author Archives: creative

Renters Threaten US Real Estate Market, 20 Million Americans Face Eviction

The aftermath of the coronavirus-provoked business shutdowns in the United States caused a number of market observers to focus on the U.S. real estate and rental markets. As the federal moratorium on evictions reaches its expiry, a recent Aspen Institute report reveals that 20 million renters or around 20% of 110 million American citizens who rent, will possibly face eviction by September. Over a week ago, news.Bitcoin.com reported on the pending U.S. real estate crisis, as last month’s data had shown 4.3 million mortgage delinquencies, while commercial […]

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This News Makes Me More Bullish Than Ever – 4K Cryptocurrency News (Bitcoin, Ethereum, & More!)

SOURCES: â–º Avalance & Chainlink QA – https://www.youtube.com/watch?v=q-SzVFyddqE â–º Avalanche Token Sale Is Congested – https://twitter.com/avalancheavax/status/1280154572774936578 â–º Arca Uses Ethereum In First SEC-Registered Fund For Digital Shares – https://www.forbes.com/sites/cbovaird/2020/07/06/arca-launches-first-sec-registered-fund-to-offer-digital-shares/amp/?__twitter_impression=true â–º Afghanistan Approves Blockchain Project to Help Tackle Scourge of Counterfeit Meds – https://www.coindesk.com/afghanistan-approves-blockchain-project-to-help-tackle-scourge-of-counterfeit-meds â–º r/CryptoMoonShots ‘Fantom’ Thread – https://www.reddit.com/r/CryptoMoonShots/comments/hjxato/fantom_looking_good_with_defi_platform_on_the_way/ â–º Voice Has Launched – https://app.voice.com/post/@salah/join-us-1593835144-1 â–º LinkedIn (And Other Apps) Have Been Snooping On Your Clipboard Data – https://twitter.com/DonCubed/status/1278800136408186881 â–º Apple iOS 14 Alerts Reveal Reddit App Is Reading User Clipboard Data – https://www.forbes.com/sites/daveywinder/2020/07/05/reddit-latest-to-get-caught-by-apple-ios-14-clipboard-data-copying-alerts-iphone-privacy/#6d8b91237de6 â–º "ETH on […]

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Former Official Says China Needs to Reform Crypto Laws

A Chinese official indicated that crypto will inevitably be part of the digital capital market. Xiao Gang, former chair of the China Securities Regulatory Commission, said the country is facing a digital economy transformation and needs to embrace the right regulations for the fast growing crypto market.  Xiao was speaking at the 19th Pushan Lectures of China Finance 40 Forum, or CF40, which was held online on July 7. The event saw a number of officials discussing the lessons learned from the 30-year development of China’s capital […]

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Bitcoin Price Poised for ‘Imminent’ Breakout As Network Hashrate Hits Record Highs

The price of bitcoin could see an ‘imminent’ breakout, according to the latest Glassnode data. The data firm says bitcoin (BTC) has been flashing bullish for the past six weeks amid positive onchain activity. Meanwhile, the BTC network hashrate has continued to grow, with the seven-day average reaching 123.4 exahash per second (EH/s) on Monday. In a report published July 6, the Glassnode Network Index (GNI), which measures the overall state of the Bitcoin network, rose by one point week-on-week, to a value of 56 points. At […]

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CFTC Is Waiting on SEC to Allow Futures Trading of More Digital Assets, Says CFTC Chairman

Chairman Tarbert of the CFTC wants to see more clarity on which tokens are securities within the U.S. as well as broader international cooperation on regulation. In a July 7 interview with predecessor Jim Newsome, current Chairman of the Commodity Futures Trading Commission (CFTC) Heath Tarbert ran down a list of pending concerns standing between cryptocurrencies and the long-awaited promised land of regulatory clarity. Securities regulation and the CFTC’s purview Tarbert was careful to outline the distinction between the work of the CFTC and its elder brother […]

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Future Bleak for Private Stablecoins, SFB Economist Says

SFB Technologies’ chief economist sees a future for central bank digital currencies, or CBDCs, but not for privately issued stablecoins. Speaking on a Unitize digital conference panel, Peter Dittus, chief economist for SFB Technologies, said he does see a place for privately-issued stablecoins.  “I don’t see a great future,” Dittus said of stablecoins on the June 7 panel, live streamed by Cointelegraph.  Two stablecoin classifications exist Stablecoins exist in two categories — privately issued and CBDCs, according to Dittus. Issued by governments, CBDCs essentially turn paper cash […]

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Cardano’s ADA is Either #6 or 7 By Market Capitalization — Depending on Who Counts

Cardano’s ADA may have passed Bitcoin Satoshi Vision in market capitalization, the caveat is how should treasury coins be qualified. Cardano’s ADA recently overtook Litecoin (LTC) in market capitalization. Now it may have passed Bitcoin Satoshi Vision (BSV) as well, depending on how the metric is calculated. BCH, BSV, ADA & LTC. Source: CoinMarketCap. How many ADAs out there? At the time of this writing, CoinMarketCap, or CMC, shows ADA in seventh spot, while Nomics has it at sixth —- just ahead of BSV. The controversy stems […]

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COVID-19 Could Accelerate Crypto Adoption

Coinbase’s former CTO believes over powered governments could lead to accelerated crypto adoption post COVID-19. During a Unitize panel on Monday, Balaji S. Srinivasan commented that COVID-19 has changed everything — and it could ultimately end up accelerating Blockchain adoption.  Srinivasan is known for numerous roles in the crypto space. He’s an angel investor, an entrepreneur, the former CTO of Coinbase, and a General Partner at Andreessen Horowitz. He believes COVID-19 has made centralized governments more powerful than ever before, and feels that government overstepping is causing […]

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Bitcoin Options Data Shows Investors Betting on $50K BTC Price in 2021

Traders are placing large bets on $50,000 Bitcoin options for June and December 2021, but what are the chances of BTC price reaching this level by then? Over the past three weeks, $150,000 worth of Bitcoin (BTC) $50K call options for June and December 2021 strikes have been traded. LedgerX derivatives exchange has been intermediating these ultra bullish trades, but what could be the rationale behind them? There are some good reasons for buying options with such small odds, but paying $1,000 for the privilege of purchasing […]

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Global Compatibility Is A Key Factor In The CBDC Race, Says Expert

CBDCs will have to be internationally interoperable to become globally adopted, says a Hong Kong University expert. International interoperability will become the cornerstone of the CBDC race as it goes forward, according to Douglas Arner, director at Asian Institute of International Financial Law at the University of Hong Kong.  Speaking at the Unitize blockchain conference earlier today, Arner argued that the interconnections between different global economic systems will become “one of the biggest challenges — and one of the biggest opportunitiesâ€� as more countries are becoming involved […]

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