‘Insane’ ETH fees delay launch of Aavegotchi NFT game

Decentralized finance project Aavegotchi is pushing back the mainnet launch of its non-fungible token digital collectible game due to high activity on the Ethereum blockchain. According to a Tweet from its team today, Aavegotchi will be postponing the Jan. 4 launch of its game in response to the โ€œinsanely high gas costsโ€ and โ€œextreme volatilityโ€ on Ethereum. The project also stated it will “most likely” migrate to the Matic Network โ€” a smart-contract platform and layer two scaling solution for Ethereum. โ€œAavegotchi on L2 means no gas fees, faster transaction…

Is It Worth Investing in Bitcoin 2020 | CRYPTO TRADER EXPLAINS

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Is it worth investing in bitcoin 2020? That’s a question everyone is asking while we are going through the current bull run. But before we make the bitcoin investment, we need to understand bitcoin and cryptocurrency. How to invest in bitcoin 2020? Today’s video will give you a playbook for investing in bitcoin for beginners 2020. The only way to make money is through appreciation. But there are some bitcoin investment sites I will talk about in this video. Should I invest…

OCC greenlights national banks to run nodes and stablecoin networks

Monday evening, the Treasury’s Office of the Comptroller of the Currency told national banks that they are allowed to run independent nodes for distributed ledger networks. Referring to of independent node verification networks, the OCC’s interpretive letter says that banks “may use new technologies, including INVNs and related stablecoins, to perform bank-permissible functions, such as payment activities.” Coming amid a great deal of uncertainty as to the future of stablecoins, the OCC’s announcement is big news. The office, nonetheless, cautions that there are cyber risks inherent to using such technology:…

With 6 hours left, Treasury logs almost 6000 comments on crypto monitoring proposal

Despite many objections to the truncated timeframe, public comments are due tonight in response to the U.S. Treasury’s proposal to require businesses like crypto exchanges to know the identities behind wallets with which they transact.ย  As of Sunday night, the Treasury’s Financial Crimes Enforcement Network, or FinCEN, had recorded 5,633 responses to its proposed rule. That number is despite the fact that FinCEN gave only 15 days, rather than the usual 60 for responses. The office dropped its announcement on Dec. 18, a Friday evening a week before Christmas Day…

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Sell Setup Triggers On Ethereum Following Monster 50% Two-Day Surge

In just 48 hours, Ethereum rocketed over 50% from $770 to roughly $1140 at last nightโ€™s overnight high. The massive Sunday candle was the lead up to a sell signal forming on daily timeframes. Was this latest push higher the last impulse in Ethereumโ€™s bull trend? Or like Bitcoin, will this sell signal fail, and the top-ranked altcoin soars to a new all-time high? Happy New Year: Ethereum Surges More Than 50% First Week Into 2021 Although it is hard to argue that 2020 was the year of Bitcoin, Ethereum…

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

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 “risk-reduction” measures first passed in July. In the latest announcement, the CBR recommends securities platforms and applications have systems to “secure the impossibility of executing on-platform…

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

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 even if the price falls to zero โ€œin a worst-case scenario.โ€ โ€œItโ€™s important that you constantly reassess…