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Binance CEO: Race Towards Bitcoin (BTC) and Crypto Adoption Underway (dailyhodl.com) 11/16/2019 - 2:24pm
Changpeng “CZ” Zhao, the CEO of Binance, a leading cryptocurrency exchange, says institutional interest in Bitcoin (BTC) and other digital assets is on the rise. CZ also says that an increasing number of people are adopting crypto assets. In a recent interview with Bloomberg, CZ says, “We’re definitely seeing a lot of institutional interest...
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IRS Criminal Investigator Eyes Bitcoin and Crypto Users and Operators (dailyhodl.com) 11/16/2019 - 1:30pm
Officials at the US Internal Revenue Service (IRS) are closely monitoring Bitcoin ATMs. IRS criminal investigation chief John Fort says his agency is working with police officials to identify illicit transactions involving crypto ATMs, to collect applicable taxes on customers’ legal ATM transactions and to stop crypto tax issues as an emerging...
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Money in the Age of Christine Lagarde: From the Crypto Impact on the US Dollar to the Quest for a Digital Euro (dailyhodl.com) 11/16/2019 - 12:46pm
The global race to create a central bank digital currency has been heating up after China’s latest plan of creating its version of a “crypto-yuan”. The European Union has been catching up fast, with some members of the banking community whispering about their openness to a digital euro. As Christine Lagarde takes the helm at […] The post Money in...
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Santander Launching Ripple-Powered Payments in Six New Corridors, Banking Giant Not Utilizing XRP (dailyhodl.com) 11/16/2019 - 9:45am
Spanish banking giant Santander says it will soon expand its use of Ripple’s cross-border payments platform. In a recent conference held by the Institute of International and European Affairs, managing director of digital investment banking at Santander, John Whelan, talked about the company’s efforts in blockchain. He says the company will bring...
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Crypto Indicator Signals Huge Spike in Bitcoin (BTC) Profit Taking – Plus Ethereum, XRP and Ripple Updates (dailyhodl.com) 11/16/2019 - 3:02am
From a flashing Bitcoin signal to a push to expand decentralized finance on the Ethereum network, here’s a look at some of the stories breaking in the world of crypto. Bitcoin An analyst at the crypto data firm Glassnode says a sudden spike in a little-known Bitcoin indicator suggests crypto traders are currently taking profits […] The post Crypto...
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Trade Deal Signals, Unsustainable Debt and the ‘Unknown’ Bitcoin Fund: eToro Market Update (dailyhodl.com) 11/16/2019 - 12:10am
Trade Deal Signals, Unsustainable Debt and the ‘Unknown’ Bitcoin Fund: eToro Market Update Hi Everyone, In the fourth book of his brilliant trilogy The Hitchhiker’s Guide to the Galaxy, Douglas Adams explains how Dolphins are smarter than people and have been trying to communicate with us in code for quite some time. The passage was […] The post...
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Binance and Tron Weibo Accounts Blocked Amidst Broader Crypto Crackdown Resurgence in China (dailyhodl.com) 11/15/2019 - 5:15pm
President Xi Jinping’s complex relationship with Bitcoin and blockchain, the technology that underpins the world’s most popular cryptocurrency, is playing out in a series of fresh crackdowns in China. Leading cryptocurrency exchange Binance and blockchain platform Tron have both been blocked by microblogging platform Weibo, the “Twitter of China...
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$450 Million Crypto Conspiracy: Russian Agency Accused of Seizing Massive Trove of Bitcoin (BTC) (dailyhodl.com) 11/15/2019 - 2:57pm
A new investigation links Russia’s Federal Security Service (FSB) to the disappearance of $450 million in Bitcoin and crypto. The crypto initially vanished in 2018 from Wex, once the largest Russian-language digital asset platform. Reporter Andrey Zakharov at BBC News says he has obtained audio recordings of Alexei Bilyuchenko, a co-founder of the...
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Bakkt Prepares to Launch Bitcoin (BTC) and Crypto Support for Retail Traders (dailyhodl.com) 11/15/2019 - 1:32pm
Digital assets trading platform Bakkt says it’s gearing up to support retail traders. Mike Blandina, chief product officer at Bakkt, confirms the company is looking to launch retail brokerage accounts featuring cryptocurrencies. “[We want to] unlock the value of digital assets through consumer payments…Billions of dollars in digital assets exist...
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Billionaire Jack Ma of Bitcoin-Friendly Alibaba Says US and China Should Share Technology (dailyhodl.com) 11/15/2019 - 12:10pm
Tech titan Jack Ma, the co-founder of China’s e-commerce giant Alibaba, says the US and China should work together instead of creating more problems. Alibaba just showed its collaborative stripes and retail power on November 11th by hosting Singles Day, the largest one-day shopping event in the world that broke records. The company showcased...
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Leading US Crypto Exchange Expands Support for XRP, BAT, XLM, ZRX and REP (dailyhodl.com) 11/15/2019 - 10:30am
Coinbase, the leading cryptocurrency exchange in the US, has extended its Visa debit card services. The card allows shoppers to spend crypto like cash at the check-out and online wherever Visa is accepted. The Coinbase Card now supports five new cryptocurrencies: XRP, Basic Attention Token (BAT), Stellar Lumens (XLM), 0x (ZRX) and Augur (REP)...
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‘Poop’ Crypto on Ethereum Blockchain Targets Homelessness Crisis in California (dailyhodl.com) 11/15/2019 - 8:40am
Far from the glittering image of celebrities walking the red carpet, a Los Angeles resident recently had a bucket of hot liquid diarrhea poured over her head as she was walking not too far away from the iconic Hollywood Walk of Fame. The perpetrator was a homeless man diagnosed with schizophrenia and other psychotic disorders. […] The post ‘Poop’...
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MoneyGram Exploring Use of Ripple’s XRP-Based Platform in Asia and Australia (dailyhodl.com) 11/15/2019 - 4:30am
We’re learning more about MoneyGram’s interest in expanding its use of Ripple’s XRP-based cross-border payments platform On-Demand Liquidity (ODL). At Ripple’s recent conference in Singapore, MoneyGram CEO Alex Holmes answered questions about the company’s plans to further implement the technology. According to Holmes, the company is exploring how...
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Bitcoin (BTC) Signal Suggests Tumble to $4K Imminent, Warns Crypto Trader – Plus Ripple, XRP, Litecoin and Cardano Updates (dailyhodl.com) 11/15/2019 - 3:04am
From a flashing Bitcoin indicator to the push for new upgrades to Litecoin and Cardano, here’s a look at some of the stories breaking in the world of crypto. Bitcoin A crypto analyst is sounding the alarm about a potentially bearish sign for the future price of Bitcoin. Cole Garner tells his 11,000 followers on […] The post Bitcoin (BTC) Signal...
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20 Billion Euro Pump, Disney’s Content Subscription and the Fed: eToro Market Update (dailyhodl.com) 11/14/2019 - 11:00pm
20 Billion Euro Pump, Disney’s Content Subscription and the Fed: eToro Market Update Hi Everyone, The economic landscape has undergone a radical swing from an expected recession to a somewhat stable footing in a very short time. In his speech yesterday, the Chairman of the US Federal Reserve, aka the man who controls most of […] The post 20...
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Anonymous Launches Massive Bitcoin (BTC) Fund to Build Up Crypto System, Hammer Money Manipulation (dailyhodl.com) 11/14/2019 - 4:59pm
Anonymous organizers who met on the web forum 4chan have launched a hefty Bitcoin fund to support blockchain, cryptocurrency and other tech solutions that protect privacy rights and freedom. The Unknown Fund is designed to combat egregious corporate behavior and social networks that harvest personal data in order to sell it for a profit. The […]...
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Crypto Analyst: Ethereum, XRP and Altcoins Poised for Major Rally As Bitcoin (BTC) Dominance Drops (dailyhodl.com) 11/14/2019 - 2:47pm
A crypto analyst and self-proclaimed “whale whisperer” says Ethereum, XRP and the altcoin market at large may be poised for a major rally. The analyst, who goes by the name Beastlyorion, tells his 57,000 followers on Twitter that Bitcoin’s dominance of the overall crypto market is testing support at around 66%. If it breaks, he […] The post Crypto...
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Binance CEO Says PayPal Ban Is Latest Crypto Opportunity, Predicts Strategy for China’s Digital Currency (dailyhodl.com) 11/14/2019 - 12:31pm
Changpeng “CZ” Zhao, CEO of leading cryptocurrency exchange Binance, points out via Twitter that PayPal will be suspending all transactions for Pornhub, creating an opening for Bitcoin and other uncensorable cryptocurrencies as a viable method of payment for adult entertainers. As confirmed by Pornhub’s management, PayPal will be halting payouts...
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Bitcoin Bull Tone Vays Pits Ripple and XRP Against PayPal (dailyhodl.com) 11/14/2019 - 10:26am
Bitcoin bull Tone Vays thinks XRP can’t compete with PayPal as a means of payment or as a currency. Vays, a veteran derivatives trader and longtime XRP critic, recently responded on Twitter to claims about XRP’s efficiency and supremacy. Wake me up when $XRP is faster than @PayPal, until then it is NOT only slower […] The post Bitcoin Bull Tone...
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Bitcoin and Crypto Will Create World’s First Trillionaire, Say Mark Yusko – Plus Ripple and XRP, Cardano, and EOS Updates (dailyhodl.com) 11/14/2019 - 8:30am
From a unique take on Bitcoin’s potential to the smart-contract battle between EOS and Cardano, here’s a look at some of the stories breaking in the world of crypto. Bitcoin The managing partner of crypto investment firm Morgan Creek Digital says he thinks Bitcoin and crypto will create the world’s first trillionaire. At the DAS: […] The post...
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Crypto Trader Moves Nearly 100 Million XRP, Triggers ‘Market Maker’ Rumors (dailyhodl.com) 11/14/2019 - 4:30am
Crypto traders are tracking a recent transfer of 99,999,900 XRP worth about $27.4 million. According to Whale Alert, the transaction happened between two wallets of unknown origin. The XRP explorer Bithomp says the transfer cost less than a penny. 99,999,900 #XRP (27,445,997 USD) transferred from unknown wallet to unknown wallet Tx: https://t.co/...
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Crypto Spending Will Open Floodgates, Pushing Bitcoin Price 30x in 4 Years and Into the Millions, Says Billionaire Tim Draper (dailyhodl.com) 11/14/2019 - 3:02am
Innovation is the key to Bitcoin’s tipping point, according to crypto bull and billionaire Tim Draper. Joining a Q&A session at this year’s Malta AI & Blockchain Summit, the venture capitalist identifies all types of Bitcoin spending via the Lightning Network and similar protocols as the catalyst that will push the price of Bitcoin higher...
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Trump’s Economic Letdown, Forex Market Pump and Payments War Escalation: eToro Market Update (dailyhodl.com) 11/13/2019 - 10:10pm
Trump’s Economic Letdown, Forex Market Pump and Payments War Escalation: eToro Market Update Hi Everybody, Even though I’ve been blogging on financial markets for several years now, it’s always great to get some tips from those in the industry who are a bit more established and experienced. So, today I wanted to share a funny […] The post Trump’s...
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Blurred Lines: Google to Launch Banks Accounts As Canada’s Biggest Bank Eyes Bitcoin and Crypto (dailyhodl.com) 11/13/2019 - 3:41pm
Tech giant Google is moving into banking. It plans to roll out checking accounts via its Google Pay mobile app as early as next year, reports the Wall Street Journal. Dubbed “Cache” the new platform will be a collaboration with banking partners. Citigroup and a small Stanford University credit union will handle Cache’s regulatory compliance […]...
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Half a Billion Dollars in Bitcoin (BTC) Suddenly on the Move As Leading Crypto Consolidates at $8,800 (dailyhodl.com) 11/13/2019 - 2:44pm
Bitcoin whales are on the move as the price of the leading cryptocurrency consolidates around $8,800. In the last 24 hours, some of the biggest Bitcoin holders on the ledger moved 57,421 BTC worth about $502.6 million. Most of the BTC was moved between wallets of unknown origin. One of the transfers sent 1,487 BTC […] The post Half a Billion...
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Ohio Bitcoin Program Violated the Law, Says State Attorney General (dailyhodl.com) 11/13/2019 - 1:09pm
Ohio Attorney General Dave Yost says OhioCrypto.com, a web portal that allowed businesses to make certain tax payments in crypto, was operating illegally. The program was established late last year by former State Treasurer Josh Mandel but was suspended last month by Mandel’s successor, Treasurer Robert Sprague, following an internal review that...
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When Bitcoin? Shift From ‘Consumer’ to ‘Institutional’ Puts BTC at the Head of the Crypto Asset Class: Report (dailyhodl.com) 11/13/2019 - 11:55am
A new report from digital asset management firm CoinShares pulls data from several industry leaders to analyze the big crypto picture. The results show that over the past 10 years since the launch of Bitcoin, the market is transitioning from “consumer” to “institutional”, opening new segments with major players. The next evolutionary step for...
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Did Bitcoin Creator Satoshi Nakamoto Just Move 50 BTC? Litecoin’s Charlie Lee Ponders Mysterious Transfer (dailyhodl.com) 11/13/2019 - 9:30am
Litecoin creator Charlie Lee is wondering if the legendary, anonymous creator of Bitcoin known as Satoshi Nakamoto just moved 50 Bitcoin. The BTC was donated to the team developing Grin, a new cryptocurrency that is focused on confidential transactions, hiding transaction values and making it hard for third parties to track activity. It uses a...
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Ripple Partner and Early XRP Adopter Nium Working With Visa to Power Cross-Border Payments (dailyhodl.com) 11/13/2019 - 4:30am
Cross-border payments startup and RippleNet member Nium says it’s partnering with Visa. The company will give its users in Southeast Asia the ability to make real-time transfers to Visa debit card holders, according to a press release. Payments from Nium will be routed through Visa Direct, a push payment solution that lets Visa debit card owners...
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Billion-Dollar Bitcoin (BTC) and Crypto Whale Reveals Strategy – Plus Ethereum, Ripple and XRP Updates (dailyhodl.com) 11/13/2019 - 3:02am
From a peek behind the curtain of a massive crypto trading operation to a sharp rise in developer activity on the Ethereum network, here’s a look at some of the stories breaking in the world of crypto. Bitcoin The head of Alameda Capital is revealing the strategy behind the company’s lucrative crypto trading operation. Two […] The post Billion-...
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Eye on China’s Bitcoin Ban, Update on Fake Crypto Volumes: eToro Market Summary (dailyhodl.com) 11/12/2019 - 6:13pm
Eye on China’s Bitcoin Ban, Update on Fake Crypto Volumes: eToro Market Summary Hi Everybody, It’s been nearly eight months since the Bitwise report proved more than 95% of volumes in the crypto industry are fake. Since then, there has been little progress to fight back against this exorbitant amount of wash trading. In fact, […] The post Eye on...
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Bitcoin Bull Anthony Pompliano Says He’s Sold on Ripple – But Not XRP (dailyhodl.com) 11/12/2019 - 5:15pm
Bitcoin bull and co-founder of Morgan Creek Digital, Anthony Pompliano, is offering his latest take on XRP. Pompliano says his recent interview with Ripple CEO Brad Garlinghouse reinforced his belief that Ripple can build a solid business model by making global payments faster and more efficient. But when it comes to the digital asset XRP, […] The...
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Tech Billionaire Jack Dorsey Heads to Bitcoin (BTC) Hot Spot for the Month of November (dailyhodl.com) 11/12/2019 - 4:26pm
Jack Dorsey is on the road in Africa. The tech billionaire who founded Twitter and Square just tweeted a “Bitcoin Africa” list to his 4.3 million followers as he continues to explore ways to support the adoption of cryptocurrency, innovation and entrepreneurship worldwide. Last month Dorsey, a Bitcoin bull, told his Twitter followers that he […]...
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Crypto Analyst Flips Bullish on Bitcoin Overnight – BTC, XRP, Ethereum Forecasts (dailyhodl.com) 11/12/2019 - 2:27pm
The overall crypto market is a mixed bag today, with BTC, ETH and XRP in the red. Here’s a bird’s-eye view from COIN360 at time of publishing. Crypto analyst Scott Melker of Texas West Capital says he’s just entered a ‘heavy’ position on Bitcoin after spotting a bullish divergence. A bullish divergence happens when an […] The post Crypto Analyst...
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Derivatives Giant Sets Launch Date for Bitcoin Options As Clients Show Growing Interest in BTC Hedge (dailyhodl.com) 11/12/2019 - 12:40pm
The Chicago Mercantile Exchange (CME) Group, one of the world’s largest derivatives marketplaces, has set a launch date for options on its Bitcoin (BTC) futures contracts following an initial announcement in September. According to a release, the BTC options are scheduled to be tradable beginning January 13, 2020, pending regulatory approval...
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$10 Billion Wealth Advisor: ‘Extensive Inflows’ From Institutional Investors Set to Trigger Crypto Boom (dailyhodl.com) 11/12/2019 - 11:58am
Thanks to blossoming institutional involvements, the United Arab Emirates is set to ratchet up its already-prolific implementation of cryptocurrencies, according to Nigel Green. Green, the founder and CEO of the international financial consultancy deVere Group, penned an essay in the Khaleej Times vouching for the merits of cryptocurrency and the...
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Crypto Page-Turner Chronicles Trader Who Made Millions in Ethereum (dailyhodl.com) 11/12/2019 - 9:28am
Dan Conway released “Confessions of a Crypto Millionaire: My Unlikely Escape from Corporate America” on September 9th. The memoir chronicles his days of misery in Silicon Valley to elation as an Ethereum investor during the cryptocurrency’s wild ride from $14 to over $1,000. The father of three who professes he was failing in his career […] The...
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Ripple Exec Says MoneyGram Launching XRP in Multiple Markets, Including Thailand and Mexico (dailyhodl.com) 11/12/2019 - 8:30am
Ripple’s global head of banking Marjan Delatinne is offering new insight on MoneyGram’s use of the XRP-based payment solution called On-Demand Liquidity (ODL). At the Asia House Global Trade Dialogue in Singapore, Delatinne said MoneyGram is already up and running with ODL in a handful of countries like Mexico and Thailand. “MoneyGram, for...
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Bitcoin Milestone on China’s Singles Day: Alibaba Supports BTC Rewards, Spotlights Taylor Swift and Smashes Sales (dailyhodl.com) 11/12/2019 - 4:10am
Alibaba, China’s e-commerce giant, is partnering with Bitcoin rewards platform Lolli. Lolli users can now earn up to 5% Bitcoin back when shopping for items online with Alibaba. Says CEO and co-founder of Lolli, Alex Adelman, “This is a milestone partnership for Lolli as Alibaba is the largest retailer and e-commerce company in the world, […] The...
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Crypto Analyst: Bitcoin Macro Trend Targeting $50,000 in Less Than a Year – Plus XRP, Ripple, and Ethereum Updates (dailyhodl.com) 11/12/2019 - 3:02am
From new analysis on where Bitcoin may be heading to the rise of an Ethereum-based platform in India, here’s a look at some of the stories breaking in the world of crypto. Bitcoin A crypto analyst known in the industry as Thrillmex tells his 30,000 followers on Twitter he thinks Bitcoin is set to break […] The post Crypto Analyst: Bitcoin Macro...
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Bitcoin Price Discovery, Blockchain in Malta and e-Commerce in China: eToro Market Update (dailyhodl.com) 11/11/2019 - 11:40pm
Bitcoin Price Discovery, Blockchain in Malta and e-Commerce in China: eToro Market Update Hi Everyone, Happy Singles Day!! The eleventh day of the eleventh month has indeed evolved into the biggest commercial consumer extravaganza in the world by far and this year’s festivities have already broken several online shopping records. The Alibaba...
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$15 Million Property Bought With Bitcoin (BTC), Ripple Reports Surge in XRP Transactions, and Ethereum Upgrade Countdown Begins – Crypto Newsflash (dailyhodl.com) 11/11/2019 - 5:04pm
Bitcoin A $15.3 million luxury condo in Manhattan has reportedly been purchased using Bitcoin. According to the real estate outlet The Real Deal, Magnum Real Estate Group sold the property to a group in Taiwan called the “Affluent Silver International LLC.” “To complete the transaction the parties used Bitpay and Starr. Eric Hedvat, a broker […]...
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Grayscale Doubles Down on Bitcoin Ad Blitz, Focuses on Financial Advisors Who Don’t Understand Crypto (dailyhodl.com) 11/11/2019 - 2:56pm
The company behind the first public stock tied to the price of Bitcoin is pressing the gas on its #DropGold campaign. Unveiled in May, the campaign is designed to show consumers that gold is old-school and not built for mobile millennials, the internet or anyone who recognizes that money and data can be digitalized. In […] The post Grayscale...
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Bitcoin (BTC) Poised to Beat S&P 500 Over the Next 12 Months: Chainalysis Survey (dailyhodl.com) 11/11/2019 - 1:25pm
Financial professionals think Bitcoin is likely to outperform the S&P 500, Bloomberg Barclays Bond Index, and the House Pricing Index in the next 12 months, according to a new survey. Chainalysis, a blockchain analysis company, just polled 350 finance professionals, asking a variety of questions relating to Bitcoin and cryptocurrency. Nearly...
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China Spotlights Crypto in State-Backed Media, Calls Bitcoin (BTC) First Successful Blockchain Use Case (dailyhodl.com) 11/11/2019 - 12:54pm
China’s state-owned media outlet Xinhuanet has released a report recognizing Bitcoin (BTC) as “the first successful application of blockchain technology.” Chinese state newspaper today (Xinhua) Bitcoin: The First Successful Application of Blockchain Technology https://t.co/85icR9FcAH pic.twitter.com/8ZOF6UBSzw — Matthew Graham (@mg0314a) November...
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Bakkt Launches Bitcoin (BTC) Custody Solution for Heavyweight Crypto Clients (dailyhodl.com) 11/11/2019 - 12:11pm
Bakkt says the company’s new custody offering for Bitcoin, called Bakkt Warehouse, is now available to all institutions. Prior to this announcement, Bakkt Warehouse had only been providing custody services to clients trading Bakkt Bitcoin Futures contracts. Powerhouse crypto players are now signing on as clients, including Galaxy Digital, a full-...
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Satoshi Nakamoto Narrative Driving Bitcoin and Crypto Popularity, Says Economist (dailyhodl.com) 11/11/2019 - 9:00am
Nobel Prize-winning economist Robert Shiller, a professor of economics at Yale, analyzes the power of narratives in his new book, “Narrative Economics: How Stories Go Viral and Drive Major Economic Events.” He spoke with YaleNews about how narratives influence booms, busts, recessions and market behavior. And how Bitcoin’s origin story has had a...
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The Bitcoin Risk Factor for Crypto Newbies – Debunking 3 Investment Pitfalls (dailyhodl.com) 11/11/2019 - 4:21am
In a new episode of the Coinist Podcast, Ari Paul, the chief information officer at BlockTower Capital, debunks some of the biggest reservations that potential investors have about Bitcoin and cryptocurrency. Host Luke Martin calls out three major challenges for investors. Bitcoin is… So volatile Doesn’t make sense Too risky Says Paul, “There’s a...
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Bitcoin (BTC) and the $700 Quintillion Asteroid ‘Pump’ – Plus Ripple, XRP, Ethereum and Cardano Updates (dailyhodl.com) 11/11/2019 - 3:02am
From a space odyssey on the scarcity of Bitcoin to the use of XRP in Australia, here’s a look at some of the stories breaking in the world of crypto. Bitcoin A post on the interstellar scarcity of gold has shot to the front page of the Bitcoin subreddit. It highlights an article from Bloomberg […] The post Bitcoin (BTC) and the $700 Quintillion...
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Tunisia Starts Rolling Out World’s First Paper-Backed Central Bank Digital Currency (dailyhodl.com) 11/10/2019 - 3:05pm
The Central Bank of Tunisia has announced that it’s testing the roll-out of its national currency onto a blockchain. The digitalization of the dinar makes Tunisia the first country in the world to announce the transfer of part of its money supply to electronic form, according to a report released on Thursday by the Russian […] The post Tunisia...
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