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The number of Bitcoin whales hit an all-time high during the latest bull run October 26, 2020
Bitcoin whales own almost 8M Bitcoin and do not appear to be in a hurry to sell. The number of Bitcoin (BTC) whales reached a new all-time high amid last week's price ascension. On October 20, there were 2,178 Bitcoin addresses that held at least 1,000 BTC. By October 25, this number increased to 2,231. At […]
Michael Kapilkov
McAfee continues to promote cryptocurrencies from his Spanish jail cell October 26, 2020
Cointelegraph interviews antivirus pioneer John McAfee on the state of Blockchain from his confines in Barcelona, Spain. John McAfee, an eccentric millionaire, crypto enthusiast, and anti-virus expert, was recently detained in Spain on charges of U.S. tax evasion. He also faces charges arising from a series of questionable crypto promotions, from which he allegedly profited millions […]
Benjamin Pirus
Imploding Trump Pelosi COVID-19 deal leads to 3% Bitcoin price drop October 26, 2020
Bitcoin price fell 3% as the U.S. stock market plummeted, but traders expect these two key levels to prevent a deep BTC pullback. The price of Bitcoin (BTC) dropped 3% in less than three hours as the U.S. stock market plummeted. Following the pullback, most traders are neutral or slightly bearish on the short-term trend […]
Joseph Young
Whale alert — crypto user moves $1.1B in Bitcoin October 26, 2020
An anonymous crypto holder just completed the largest dollar value Bitcoin transaction in history. With Bitcoin's price continuing to hold close to $13,000, one crypto wallet has moved more than $1 billion of the digital asset.According to on-chain data, a Bitcoin (BTC) wallet holder moved more than 88,857 BTC — worth roughly $1.15 billion — for […]
Turner Wright
Central bank digital currencies have the power to upend global finance October 26, 2020
Central bank digital currencies will fundamentally change our conceptions of money and its uses. An astonishing 80% of central banks are engaging in work around central bank digital currencies, from research to experimentation and pilot programs. A recent Bank for International Settlements, or BIS, chart demonstrates the growing interest in CBDCs by central banks, as […]
Guest Authors
Don't expect another 2017-style altseason as Ethereum continues slump vs. Bitcoin October 26, 2020
The price of Ethereum's Ether is continuing to show weakness against Bitcoin despite its latest rally above $400. While Bitcoin (BTC) is showing strength through new higher highs and making a new yearly high, Ethereum's Ether (ETH) shows weakness, particularly the ETH/BTC pair.ETH weakness is also a clear indication that most altcoins are not showing […]
Michaël van de Poppe
Seven firms in Japan deploy blockchain to digitize trade paperwork October 26, 2020
A new trade management platform in Japan prevents data tampering using blockchain technology. According to an Oct. 26 report by Japanese news agency The Nikkei, seven Japanese companies are preparing to invest in a new trade data management system. Reportedly developed by NTT Data, the platform uses blockchain technology to prevent malicious third-parties from tampering […]
Helen Partz
Bahamas strikes first with Sand Dollar amid US–China CBDC faceoff October 26, 2020
Fed Chairman Powell sees no urgency to develop a CBDC, but eventually, the world’s top central bank must act, say experts. The Bahamas, an island nation in the West Indies, made digital currency history on Oct. 20 with the official launch of a new central bank digital currency, the so-called Sand Dollar. It became the […]
Andrew Singer
Market is proving Bitcoin is ‘ultimate safe haven’ — Anthony Pompliano October 26, 2020
Bitcoin has zero correlation to stocks once more and critics were wrong to doubt its safe-haven status, says the Morgan Creek Digital co-founder. Bitcoin (BTC) “could not be more uncorrelated” with the stock market, Anthony Pompliano says as data shows that BTC is leaving macro assets behind.In a series of tweets on Oct. 26, the […]
William Suberg
Kenya's central bank exploring CBDCs due to 'mushrooming' of private cryptos October 26, 2020
The Governor of the Central Bank of Kenya told reporters the institution is "already feeling left out." The Central Bank of Kenya, or CBK, has reportedly started discussions with international central banks to explore the possibility of entering the central bank digital currency space.CBK governor Dr. Patrick Njoroge told reporters during Georgetown's DC Fintech week […]
Marie Huillet