Month: January 2021

Bitcoin Developer Jonas Schnelli Receives Open-Source Grant

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Marathon Patent Group (MARA) announced Thursday it will bankroll the work of Bitcoin Core developer Jonas Schnelli. Previously, Bitmain funded Schnelli’s work before nixing the grant last year. “As one of the largest bitcoin mining firms, we believe it is essential that we do our part to help advance the Bitcoin network. Absent core developers like Jonas, Bitcoin’s efficacy and long-term adoption, and therefore our business, could be impacted. This grant will allow Jonas to continue his important work on our collective behalf,” Merrick Okamoto, Marathon’s chairman and CEO, said…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💰 Bybit: $600 BONUS 💰 Use This Voucher Code: JACKPOT BITCOIN TODAY: In this video, I’ll go through the Bitcoin news today & I’ll make a Bitcoin price analysis. I make 1 video every single day about crypto news & BTC. I’ll always include professional Bitcoin technical analysis, to make a Bitcoin price prediction, and I’ll also show you the most relevant news for BTC investing & trading. Please subscribe and leave a THUMBS UP! ⭕️ To sign up to Bybit from…

Bitcoin Bull Run and Rising Awareness of Digital Currencies Led to a 20% Increase in Crypto Related Lawsuits in China – Regulation Bitcoin News

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A report from China says as many as 872 lawsuits relating to cryptocurrencies were filed in the past year, a figure which is approximately 20% more than that of 2019. Using data obtained from the China Judgment Document Network (CJDN), the report shows that the province of Guangdong had the highest number with 106. Completing the top three provinces with the highest number of lawsuits is Zhejiang with 103 and Sichuan with 54. The Case of a Bitcoin Bull Market and Rising Lawsuits In terms of the nature of the…

Canada’s Ninepoint Launches Bitcoin Fund Following $180M IPO

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Ninepoint Partners has announced the launch of its Bitcoin Trust following a hugely successful CAD $230 ($180 million) initial public offering (IPO). The shares are now live on the Toronto Stock Exchange with ticker symbols “BIT.U” and “BIT.UN,” according to a press release on January 27, 2021. Ninepoint Unveils Bitcoin Trust  Despite the current more than 10 percent slump in the price of bitcoin (BTC) since attaining an all-time high of $42k, the confidence of institutional investors in the orange coin remains very high.  In the latest development, Ninepoint Partners,…

Ray Dalio does 180 on Bitcoin, calls it ‘one hell of an invention’

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Ray Dalio, the famed founder of Bridgewater Associates, called Bitcoin (BTC) “one hell of an invention,” adding that he’s considering digital-asset investing for clients wishing to protect against currency debasement.  In a note to clients that was obtained by Bloomberg News, Dalio called Bitcoin’s store of value characteristics an “amazing accomplishment” and one of the few “alternative gold-like assets at this time of rising need for them.” He said: “To have invented a new type of money via a system that is programmed into a computer and that has worked…

Blockchain Bites: DOGE Chases After GameStop, Guggenheim Doubts $30K Bitcoin

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Three stories 1. Federal Reserve Chair Jerome Powell said the U.S. central bank will keep its policies loose. The Fed will maintain its current $120 billion per month bond-buying program until “substantial further progress” is made in terms of inflation and employment. “I’m much more worried about falling short of a complete recovery and losing people’s careers and lives that they built because they don’t get back to work in time,” Powell said. “I’m much more concerned about that than the possibility which exists of higher inflation. … Frankly, we’d…

Bitcoin whale explains to Bloomberg why crypto volatility will decline

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Bitcoin’s (BTC) violent price swings could become a thing of the past as institutional buyers with stronger hands continue to push the asset higher, according to a prominent crypto whale.  Eric Peters, the founder and CEO of One River Asset Management, told Bloomberg Thursday that Bitcoin’s path to maturity should help stabilize its price. “There are all kinds of reflexive dynamics in these assets that ironically will lead to less volatility the higher they go,” he said. “As the prices are going higher, you are drawing in new types of…

Bitcoin SV BSV Technical Analysis (14 Jan 2021)

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Blockchain companies can’t afford to stay on the patent sidelines

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Twitter plays defense with its patents, Square has launched a consortium — which includes Coinbase — to pool crypto patents and Alibaba is well on its way with its mission to overtake IBM in the blockchain patent wars.  Many startups don’t take the necessary steps to protect their innovations, and that’s a big mistake. Particularly in blockchain, an open-source philosophy embedded in the space makes many entrepreneurs eschew the competitive, territorial landscape of patent applications. In fact, a lot of startups believe patents can’t be enforced on decentralized autonomous technology.…