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Currency ‘Cold War’ Takes Center Stage at Pre-Davos Crypto Confab

Currency ‘Cold War’ Takes Center Stage at Pre-Davos Crypto Confab

ST. MORITZ — The United States may be entering a second Cold War, according to some investors, who seem mildly curious but otherwise unconcerned about the prospect. “It’s a kind of Cold War, but not just for crypto,” said Multicoin Capital’s Beijing-based partner Mable Jiang. “Currency is the leverage.” Jiang said China’s goal is to leverage […]

Winklevoss-Led Gemini Exchange Now Has Its Own Insurance Company

Winklevoss-Led Gemini Exchange Now Has Its Own Insurance Company

Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has created its own insurance company to protect clients against the potential loss of coins from its offline vaults – with a possibly record-breaking $200 million coverage limit. Announced Thursday, the captive insurer will provide coverage for customers of Gemini Custody, the crypto cold storage […]

Coinbase-Led Crypto Ratings Council Plans Transparency Boost as New Members Join

Coinbase-Led Crypto Ratings Council Plans Transparency Boost as New Members Join

The Crypto Ratings Council (CRC), the Coinbase-led organization hoping to create a standard for assessing whether different cryptocurrencies are securities under U.S. law, is adding new members. The group announced Thursday that eToro, Radar and OKCoin US have joined the aspiring self-regulatory group looking to streamline how exchanges assess whether a cryptocurrency is a security. The […]

Crypto Analytics Firm Elliptic to Tell US Congress Privacy Coins Need Stricter AML Rules

Crypto Analytics Firm Elliptic to Tell US Congress Privacy Coins Need Stricter AML Rules

A crypto analytics startup will recommend the U.S. Congress call for more stringent anti-money laundering (AML) enforcement around exchanges facilitating the trade of privacy coins during a hearing on how cryptocurrency is being used in human trafficking. At a Wednesday hearing revisiting landmark legislation passed 20 years ago, the House of Representatives’ Tom Lantos Human Rights […]

Enterprise Ethereum Alliance Launches Testing Ground for Blockchain Interoperability

Enterprise Ethereum Alliance Launches Testing Ground for Blockchain Interoperability

The Enterprise Ethereum Alliance (EEA), the standards group where finance and other industries explore private versions of ethereum technology, has launched a testing ground to bring about certified, branded and harmonized business uses by the end of 2020. The EEA TestNet will operate as a pre-certification sandbox, where forks of ethereum can be standardized according […]

CME Takes Its Bitcoin Options Live, Competing With ICE’s Bakkt

CME Takes Its Bitcoin Options Live, Competing With ICE’s Bakkt

Options on CME’s bitcoin futures contracts launched on the CME Globex around 15:00 UTC Monday. Each contract, quoted in U.S. dollars, represents five bitcoin and is cleared centrally to avoid counterparty risk. CME relies on trade flow data from several of the large bitcoin exchanges to accurately track bitcoin’s price. Bitcoin derivatives have been available on multiple […]

Thomas Lee Predicts Gains of Over 100% for Bitcoin in 2020

Thomas Lee Predicts Gains of Over 100% for Bitcoin in 2020

There’s an ongoing debate in the crypto community regarding the May 2020 bitcoin halving. Many are claiming that the bullish catalyst is already priced in. In other words, market participants who are expecting a sharp rise in bitcoin’s value once the halving occurs would be disappointed. However, some heavy hitters believe that the halving is far […]

Bitcoin Makes Biggest Weekly Price Gain Since October

Bitcoin Makes Biggest Weekly Price Gain Since October

Bitcoin logged double-digit price gains last week, confirming a reversal from a six-month downtrend. The top cryptocurrency by market cap gained 11.2 percent in the seven days to Jan. 12, the biggest weekly gain since October, according to CoinDesk’s Bitcoin Price Index. Prices rallied by 16 percent in the third week of October. Since then, bitcoin […]

10M Bitcoins Haven’t Moved in More Than a Year, Highest Since 2017

10M Bitcoins Haven’t Moved in More Than a Year, Highest Since 2017

“HODLing” has returned to a major milestone: The total number of bitcoins that haven’t changed hands in more than a year has crossed the 10 million mark. About 10.7 million bitcoins haven’t moved in more than 12 months, according to Digital Assets Data, a fintech company building crypto data feeds. Considering the total number of […]