Humanity Can’t Survive Digital Age Without Crypto: Circle CEO Jeremy Allaire

By CCN.com: Circle CEO Jeremy Allaire says humanity can’t survive the digital age without crypto because its decentralized nature and resiliency make it indispensable. Allaire made the remarks at the 2019 World Economic Forum in Davos, Switzerland. Allaire says cryptocurrency skeptics are merely that way because they’re unfamiliar with the new technology. ‘Cryptography is Fundamental to the … Continued

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Most US Investing Pros are Waiting on a Bitcoin ETF Before Buying Crypto

By CCN.com: Cboe BZX Exchange has officially withdrawn their Bitcoin Exchange Traded Fund application. Filed last June, the official withdrawal of the application came in on January 22. A letter published on the SEC’s website makes the news official. SEC deputy secretary Eduardo Aleman writes that the Cboe BZX Exchange rescinded its request for a

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Crypto is Worthless, Fails Basic Financial Tests: Bank of England Adviser

By CCN.com: Legacy banks are not worried about crypto because it has no value and fails the fundamental tests of financial services. That’s the assessment of Huw van Steenis, the senior adviser to Bank of England Governor Mark Carney. Van Steenis says while traditional banks are always trying to fend off competition from new fintech platforms, he’s

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‘Big Bitcoin Heist’ Ringleader Jailed for Massive Crypto Mining Rig Theft

By CCN.com: Suspects in the “Big Bitcoin Heist” of 2018 have been sentenced to various prison terms based on their level of involvement in the much-publicised theft of more than three-quarters of a million dollars worth of crypto mining equipment. Crypto Mining Thieves Jailed in Iceland Ringleader Sindri Stefanson bagged the longest sentence with a

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$5 Billion Wiped Out of Crypto: Bitcoin Below $3,500 Could Spell Trouble

By CCN.com: In the past 24 hours, the crypto market has experienced a slight decline in valuation from $ 224 billion to $ 219 billion as the Bitcoin price dropped to $ 3,500. Previously, traders said that a drop below the $ 3,500 mark could lead the price of Bitcoin to test key support levels in the low $ 3,000 … Continued

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Bullish Move: Crypto Market Adds $5 Billion as Bitcoin Price Surpasses $3,700

Over the last 24 hours, the crypto market has rebounded slightly by $ 5 billion, from $ 120 billion to $ 125 billion following a promising breakout of the Bitcoin price above $ 3,700. The unforeseen strong movement of Bitcoin could lead to the short-term recovery of other major crypto assets and low market cap cryptocurrencies in the upcoming … Continued

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