Day: November 25, 2020

Money on Chain Launches New Bitcoin-based DEX

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Money on Chain and RSK are further making the case for BTC being the hub around which defi revolves, the future is looking bright for Bitcoin. Money on Chain, known for its Bitcoin-collateralized, dollar-pegged stablecoin DoC, has announced the launch of a new decentralized token exchange called TEX. Built on Bitcoin smart contract sidechain RSK, TEX automates token swaps using smart contracts and gives traders access to assets such as DoC, defi token BPro, RSK’s RIF token, and bitcoin-pegged rBTC. The DEX landscape is fiercely competitive, with the likes of…

Bullish Bitcoin Arguments for Your Thanksgiving Table

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This year, come prepared to explain the asset that has everyone from famous financiers to political dissidents talking about a money revolution. Today’s Breakdown is a prep kit for the inevitable conversations about bitcoin as friends and family sit down at the Thanksgiving table this year.  NLW discusses arguments ranging from price action to who is buying to why they’re buying to good old-fashioned supply and demand. He leaves with one big conclusion: If there was ever a year to discuss bitcoin, this is it. Original

Blockchain Infrastructure Firm BSN Adds Polkadot, Oasis, Bityuan to Network

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Chinese blockchain infrastructure provider Blockchain-Based Service Network (BSN) has integrated cross-chain protocol Polkadot, cloud computing startup Oasis and China-based public chain project Bityuan into its network.   The additions are part of BSN’s effort to bring a variety of blockchain projects under one standardized development environment within its own technical framework. It also aims to provide data processing and storage services to the in-network projects.  This is just the latest sign of China’s ambitions to become a blockchain superpower, by creating an infrastructure that is used by projects and developers world-wide.…

Financial institutions to boost future blockchain spending

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Many financial institutions are poised to increase their blockchain spending in 2021, according to an upcoming survey from Deloitte titled Financial Services Industry Outlooks 2020. Preliminary results shared with Cointelegraph indicate that 27% of the institutions surveyed expect a “slight increase in spend” for blockchain and distributed ledger technology, while 14% are expecting a large increase. A further 33% expect no change, with the remaining 27% are looking to cut their expenditure slightly. The survey grouped blockchain with a variety of other emerging technologies. While it was not the most popular…

Some Are Calling All-Time Highs for Bitcoin. Here’s Why CoinDesk Hasn’t Yet

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In a fragmented global market, price quotes are all over the place. That’s why CoinDesk created the Bitcoin Price Index (BPI). The current debate over what exactly is the all-time-high price of the leading cryptocurrency shows how a sector that is all about decentralization has difficulty coming up with a common pricing system on which everyone can agree. Depending on whom one asks, the price of bitcoin at any given time can be quoted within a range of hundreds of dollars. For that reason, some outlets are claiming bitcoin has…

Altseason Euphoria Grows as Ether-Bitcoin Correlation Drops to 3-Year Low

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As the crypto market appears set to end 2020 on a high, expectation appears to be growing for a possible altseason which could see altcoin tokens return to previous price milestones. This year’s positive price performance has also seen the total market capitalization grow over three times its value at the start of 2020. Altseason on the Cards as Ether-Bitcoin Correlation Dips According to data from crypto analytics provider Skew, the correlation between Ether (ETH) and Bitcoin (ETH) is at its lowest ebb in almost three years. As of press…

Aquarius Tarot Reading – Rest where and when you can!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Please like, share, and subscribe. Channel link to Static Mind Relief – and daily affirmation on Instagram at Get $10 to try Coinbase crypto currency; Free Vedic Astrology Calculator – Music – Anton by Dan Bodan Tarot Cards used in reading; Viceversa Tarot by Massimiliano Filadoro, Luneaea Weatherstone, and Artwork by Davide Corsi The Romance Angels by Doreen Virtue Oracle of the Fairies by Karen Kay ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Price analysis 11/25: BTC, ETH, XRP, BCH, LINK, LTC, ADA, DOT, BNB, XLM

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Bitcoin and most major altcoins could consolidate for a few days before starting the next big move. The crypto market has been in a strong bull run over the past few days, and that has pushed Bitcoin (BTC) to its second-best day ever. Almost every trader now seems to be fixated on the magical figure of $20,000 per BTC. After such a sharp up-move, some traders are calling for a top, while others are projecting lofty targets for the future. Cryptocurrency market daily performance. Source: Coin360 CNBC Fast Money host Brian Kelly,…

Facebook’s Libra hires former OCC prosecutor and central bank expert

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The Libra Association, which manages Facebook’s quiet cryptocurrency project, has appointed a general counsel to oversee the development of its forthcoming payment system.  In an official press release, the Libra Association Wednesday introduced Saumya Bhavsar as the new general counsel of Libra Networks, the entity charged with operating the blockchain-based payment system. Bhavsar comes with two decades of experience in the financial services industry serving in various legal, regulatory and compliance roles. She previously worked with U.S. and European banks and regulatory agencies, including Credit Suisse, the European Commission and…

How to Answer Your Family’s Bitcoin Questions This Thanksgiving

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Could bitcoin replace turkey as the object of everyone’s attention this Thanksgiving?  It happened three years ago. The last time bitcoin went gangbusters, conversations in dining rooms across America were less about giving thanks than the fear of missing out.  “Should I buy bitcoin?” your uncle may have asked. “And what’s this about icy ohs? (Can you pass the turnips, puh-lease.)”  It’s evident things are different this time around – and not only because many will be clinking glasses over Zoom rather than their parents’ fancy china. Despite positively effervescent…