Tag: social

Former Fed Chairwoman And Bitcoin Bear Janet Yellen Nominated For Treasury Secretary

Former Fed Chairwoman And Bitcoin Bear Janet Yellen Nominated For Treasury Secretary

President-elect Joe Biden has picked the former US Federal Reserve Chair Janet L. Yellen as the next Treasury secretary. The cryptocurrency community has shown skepticism regarding the potential effects on Bitcoin, as Yellen has historically displayed negativism on BTC. Biden Nominates Yellen For Treasury Secretary As firstly reported by The Wall Street Journal, the US […]

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XLM Skyrockets To A Two-Year High As Stellar Announced Major Protocol Upgrade

XLM Skyrockets To A Two-Year High As Stellar Announced Major Protocol Upgrade

Stellar, the popular blockchain project enabling cross-border transactions between various currency pairs, announced a significant protocol upgrade yesterday. Apart from providing new features, the native cryptocurrency XLM has reacted with a massive price boost a day later. Protocol 15 Upgrade On The Stellar Blockchain The Stellar network connects banks, payment systems, and customers to facilitate […]

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Bitcoin Spikes $1K In Hours To New 2020 High: Only 5% From 2017 All-Time High

Bitcoin Spikes $1K In Hours To New 2020 High: Only 5% From 2017 All-Time High

Bitcoin reminded everyone of itself, following a few days of relative stability where altcoins had the chance to catch up, which they did splendidly. Today, however, the cryptocurrency saw massive volatility. Within the same daily candle, BTC reached an intraday low of around $18,000 only to surge hours later and break $19,000. Seconds ago, the […]

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Ethereum 2.0 All Set For December 1st Launch As ETH Rallies Past $600

The much-anticipated upgrade of Ethereum from version 1 to version 2.0 will finally happen on December 1. This confirmation comes after the deposit contract fulfilled its ETH staking objective. ETH prices responded to the development by blasting past the $600 level. Ethereum 2.0 Deposit Contract Fulfils Staking Objective The Ethereum 2.0 deposit contract has met […]

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XRP Explodes 50% to Head the Altseason While Bitcoin Price Rests (Market Watch)

XRP Explodes 50% to Head the Altseason While Bitcoin Price Rests (Market Watch)

While Bitcoin struggles beneath $18,500, most altcoins have been exploding in value. Ripple has led the charge with massive double-digit gains to new highs. Ultimately, BTC’s dominance has shrunk in the past few days by 8%. Smells Like An Altseason The alternative coin market has been exploding lately. The situation has only intensified in the […]

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PayPal CEO: 28 Million Merchants Will be Able to Use Cryptocurrency for Transactions in 2021

It is now a well-known fact that payments giant PayPal is knee-deep in the Bitcoin market. In today’s interview with CNBC, CEO Dan Schulman explained his rationale behind the world’s top cryptocurrency value. He also elucidated on why his company is placing giant buying bets on BTC. The Utility Surrounding Bitcoin And Cryptocurrencies Is What […]

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Inevitable: Ethereum Classic’s Latest Hard Fork Called Thanos Scheduled for November 29th

Less than two months after its latest network upgrade, Ethereum Classic plans to undergo another one on November 29th. Dubbed Thanos, the new hard fork will enhance security while maintaining its compatibility with Ethereum. Thanos Is An Inevitable ETC Network Upgrade The Ethereum Classic team would like to quickly forget the summer of 2020. In […]

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SEC Chairman Jay Clayton Steps Down Early: How Has His Term Impacted The Crypto Industry?

SEC Chairman Jay Clayton Steps Down Early: How Has His Term Impacted The Crypto Industry?

After heading the U.S. Securities and Exchange Commission for the past three and a half years, Jay Clayton has decided to end his term early. As the SEC’s mission is to protect investors and ensure fair and efficient financial markets, it’s worth exploring how has the Commission impacted the cryptocurrency field during his tenure. The […]

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Market Watch: XRP and ETH Steal The Show As Bitcoin Retracing $700

Market Watch: XRP and ETH Steal The Show As Bitcoin Retracing $700

After almost touching $19,000 for the second time, Bitcoin has calmed and retraced below $18,500 (as of writing these lines). At the same time, most alternative coins have doubled-down on their recent gains. Ripple’s 60% weekly spike has helped the asset overcome Tether as the third-largest cryptocurrency by market cap. Bitcoin Slows Down After Doule-Top […]

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BlackRock CIO: Bitcoin Is Here To Stay And Replace Gold

BlackRock CIO: Bitcoin Is Here To Stay And Replace Gold

The Chief Investment Officer of the world’s largest asset manager, BlackRock, believes that Bitcoin and cryptocurrencies are here to stay. Although he hasn’t invested in BTC, Rick Rieder asserted that Bitcoin could “take the place of gold to a large extent.” BlackRock’s CIO Believes In Bitcoin Founded in 1988 in New York, BlackRock is an […]

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