Parents, it’s time for ‘the talk’: Did your kid trade crypto in 2020?
Now is the time to look beyond your own income-producing activities and look to your children’s crypto as well. Go to Source Powered by WPeMatico
Hedge or cyclical? Eternal debate on Bitcoin’s status sees a new twist
Crypto might not be a great hedge in the strict traditional sense, but it can guard investors against policy and currency risks. Go to Source Powered by WPeMatico
Analysis Shows Bitcoin Whales Are Stockpiling, but ‘BTC Ownership Is Not Highly Concentrated’
During the last few months, a few reports from mainstream media (MSM) outlets tried to prove that a large sum of bitcoin is controlled by a small group of people. Recently, Bloomberg claimed that “2% of accounts control 95% of all bitcoin,” a claim that doesn’t hold weight to onchain analysts. On Tuesday, Glassnode researcher … Read more
Merging traditional finance and DeFi is critical for mass adoption
If we want to achieve mainstream adoption, we must move toward an industry where DeFi can also serve legacy financial institutions. Go to Source Powered by WPeMatico
New antitrust legislation aims to put an end to tech monopolies in the US
The era of tech giants buying up their up-and-coming competitors will be over if these senators get their way. Go to Source Powered by WPeMatico
Robinhood saga reveals deeper flaw about Web 2.0: Oasis Labs executive
Robinhood’s ability to limit tradable assets on a whim reflects the limitations of Web 2.0 interfaces, according to the COO of a privacy-focused blockchain network. Go to Source Powered by WPeMatico
Circle Launches USD Coin on the Stellar Network
Circle and the Stellar Development Foundation (SDF) announced that the second-biggest stablecoin is now available within their network. USD Coin (USDC) is accessible through five integrated wallets, and it can be tradeable on their ecosystem, said the USDC issuer. Stellar Has Been the Official Chain of USDC Since October 2020 Per the announcement, the stablecoin … Read more
US Library of Congress report highlights proof-of-stake tax blindspot
The taxman still isn’t wise to cryptocurrency earnings made through proof-of-stake. But that could change soon. Go to Source Powered by WPeMatico
Binance Coin hits all-time highs as BNB surpasses Bitcoin Cash by market cap
Bitcoin Cash is now in danger of being ejected from the top ten cryptocurrencies by market cap. Go to Source Powered by WPeMatico
