Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Bitcoin is officially a new asset class: Goldman Sachs

It's time to take bitcoin way more seriously as an investable asset, says Goldman Sachs. "Bitcoin is now considered an investable asset. It has its own idiosyncratic risk, partly because it’s still relatively new and going through an adoption phase," said Mathew McDermott, Goldman Sachs' global head of digital assets, in a new piece of…
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HSBC Won’t Launch Bitcoin Trading Desk, CEO Says Bank Has No Plans to Offer Cryptocurrency Investments

HSBC has confirmed its bitcoin and cryptocurrency stance as a growing number of major banks are beginning to offer crypto services. CEO Noel Quinn says that HSBC views bitcoin as an asset class rather than a payments vehicle but the bank is not rushing into providing cryptocurrency investments for clients. HSBC Confirms Crypto Stance HSBC […]

Who remembers the “Pineapple Fund” of 2018, where a top 250 BTC holder cashed out 5,104 BTC for $55 Million, and anonymously donated most of it to charities worldwide?

It was one of the high-points of the Bear Market of 2018 and one that made me glad to be in the Crypto Space, where it seems like you don't need to be a ruthless sociopath to get rich. Pine, as she goes by, earned so much money she was "past the point of satiety"…
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Ethereum Closes In on Long-Sought Fix to Cut Energy Use Over 99%

submitted by /u/Underrated321 [link] [comments]

There’s some massive manipulation happening in this subreddit currently.

It's getting flooded with posts and comments with everyone of those trying to educate the 'common investor' of the 'state of the market' and how economics works. A lot of it is hogwash. They try to connect fiducial actions/decisions/strategies taken by different government agencies (and for some reason these tend to be very US centred)…
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The Limits to Blockchain Scalability

submitted by /u/pcaversaccio [link] [comments]

Coinbase BTC buy to sell ratio yesterday was at 65.1% BUY and 34.9% SELL. Let that sink in.

People panicked over the last few days. They've sold a lot and fed the whales. People were actually buying a lot on Coinbase yesterday. Relax, go for a walk and chill. Crypto is not going anywhere. It's pointless to sell at this point. submitted by /u/rootpl [link] [comments]

3 of the Best Chart Formations That We Should All Be Paying Attention To

Stegosaurus Bįtcoinūs BTC Chart from Trading View Lots of people say BTC is a dinosaur, the charts say it's a stegosaurus. Most scientists agree that its spikes are likely used for defense against crypto predators, only looking for parabolic gains. As a herbivore, Stegosaurus Bįtcoinūs needs to eat grass; right now, it's still looking hungry…
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I think we should talk more about RVN’s usecase

KAW KAW, I am not the community cult leader (btw, there is none) but a dude who thinks it is time to talk about RVN's use-case. For example, RVN can save tons of paper by tokenizing assets. Imagine how much paper do we need to print contracts (but PoW is inefficient – oh, the hypocrisy)…
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