The fate of blockchain, DeFi and crypto will only thrive if Biden appoints blockchain and crypto-centric professionals to head key positions that can impact the regulatory space needed for growth.
The major reason why the economy took a down-plunge was as a result of the COVID-19 pandemic, the move to stock up on Bitcoin as a hedge against the imminent economic crash now seems to be a smart step.
On an overall scale, the third quarter’s total company revenue amounted to $3.03 billion, up from $1.27 billion in the third quarter of the previous year.
Over the past months, Coinbase has revealed plans to list new coins on its platform. Many of them are already listed, while some are yet to be listed on the exchange platform.
Ledger customers are now facing a significant increase in phishing attempts after a major leak of email and private information affected them in early 2020.
According to EY’s filing, the company is planning to convert all recovered assets into Canadian dollars. It is also going to allocate funds to Quadriga’s customers depending on cryptocurrency prices from 2019.
Ten banks have joined to build a self-managed digital identity system using blockchain technology thereby giving users higher control over their data.
The operations of the Silk Road were short-lived as US Authorities were able to obtain enough evidence through masked purchases of items on the site, giving the perfect shreds of evidence to close down the site.
Bitcoin smashed past $15,500 levels hitting its new 2020-high and eyeing its all-time high above $20,000. The overall crypto market has added $50 billion in the last week. The fiscal and monetary stimulus measures by the Fed push more people closer to buying BTC.
The driver of the crypto market known as uncertainty backed another popular altcoin’s growth. While the dollar index is falling drastically, global major commodities and fiat and cryptocurrencies traded against the US Dollar were able to close in green for the past week.
This agreement will see the Bybit logo and slogan displayed on the BVB’s websites and social media platforms as well as their stadium in live matches.
At the time of writing this piece, Joe Biden had amassed 50% of the votes totaling 72,130,179 votes while incumbent President Trump has 48% or 68,648,006 of the total votes counted by now.
Bitcoin makes swift moves as analysts expect the Fed to continue its money-printing in wake of more stimulus. This creates a more favorable position for Bitcoin as analysts hint at higher targets above $16,000.
On Thursday, November 5th Bitcoin preserves the ascending impulse and aims up high. It is generally trading at $14,344 USD.
Analysts anticipate Bitcoin and markets to experience the big moves after the confirmation of election results, just as it happened four years ago.