The price of Bitcoin (BTC) surged above $18,000 on Nov. 29, reaching as high as $18,209 on Binance. However, traders are turning cautious despite BTC’s weekend rally. Bitcoin currently faces resistance at around $18,200, which is also the 10-day moving average (MA) on the daily chart. As Cointelegraph reported yesterday, some traders still anticipate BTC
Month: November 2020
Pascal Saint-Amans, the director of the OECD’s Centre for Tax Policy and Administration, has asserted that the 37-nation organization will introduce a common reporting standard, or CRS, for crypto assets in 2021. According to Law360, Amans stated that the crypto tax standard “would be roughly equivalent to the CRS” developed by the Organisation for Economic
With bitcoin going through an extended bull-run, scammers and con artists have been on hand to exploit a general fear of missing out (FOMO). Many early adopters of bitcoin became multi-millionaires by simply holding the digital asset. New Scam Tactic Consequently, many bitcoin investment scams have sprung up and millions of dollars have been lost
An SEC filing on Friday indicates that the next Wall Street institution to take a public position in Bitcoin may also be among the largest yet: the $275 billion financial services firm Guggenheim Partners. The Guggenheim filing allows the Macro Opportunities fund to purchase GBTC, a publicly-traded Bitcoin investment vehicle from Grayscale, at an indeterminate
The long-awaited digital currency Libra could finally see the light of day as soon as January 2021, according to a new report. Following more than a year of scrutiny from global financial regulators, Libra will launch in a form of a United States dollar-backed digital currency, the Financial Times reported on Nov. 27. Citing three people
When it comes to customer expectations, the pandemic has changed everything Learn how to accelerate customer service, optimize costs, and improve self-service in a digital-first world. Register here At our annual company retreat, we usually run a hackathon for our dev team. But this year (at our virtual retreat), we decided to expand the hackathon
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Buy the Dip Bitcoin price tumbles, falling below $17,000 in
Assassin’s Creed Valhalla will get an update today, November 26, that will allow it to run at 60fps on next-generation consoles. The version 1.0.4 update brings several improvements to the game on all platforms including the previous-generation consoles and PC. It will also be available for Google Stadia and Amazon Luna as well. Assassin’s Creed
The Mandalorian season 2 hasn’t had much to do for Baby Yoda, except look cute and steal some precious eggs, but episode 5 — titled Chapter 13: The Jedi — made up for that thanks to the introduction of Anakin Skywalker’s Jedi Padawan, Ahsoka Tano (Rosario Dawson), whom we finally got to meet in the
Eero Pro 6 Eero I set up Amazon‘s $449 Eero Pro 6 mesh Wi-Fi system a few days ago and have already noticed a huge improvement in my Wi-Fi at home. You might want to try mesh networking if you know you pay for fast internet but feel like your home Wi-Fi is slow or
iPad Pro next-generation line-up will reportedly support 5G mmWave technology seen on current generation iPhone 12 models in the US. This technology is expected to offer faster speeds than sub-6GHz 5G at short distances. A new report suggests that Apple is actively developing its own in-house mmWave AiP (antenna in package) to integrate it into
International Data Corporation (IDC) has released its Q3 2020 data for smartwatches and earphones and the firm suggests a year-over-year (YoY) growth of 165.1 percent was registered in the overall Indian wearables market. The most significant rise was observed in the earwear category, wherein a total of four million true wireless stereo (TWS) devices were
Bitcoin (BTC) price dropped severely in the previous week, falling from $19,500 to $16,000. Corrections never occur smoothly as dropdowns are frequently sudden and painful. The recent correction isn’t much different as the drop occurred in a matter of hours. Since then, Bitcoin’s price consolidated above $16,000, which marked a temporary bottom. The primary question
This morning, Yearn founder Andre Cronje announced the latest in a spate of high-profile mergers and collaborations for the multi-faceted decentralized finance (DeFi) protocol: Yearn Finance will be “joining forces” with market coverage provide Cover. In a blog post, Cronje notes that the merger will be a natural one, as Yearn and Cover developers have
Without a doubt, Bitcoin (BTC) has become an increasingly popular asset to own among institutional investors. By the end of the second quarter of 2020, Fidelity reported in a survey of almost 800 institutional investors that 36% owned crypto assets. A separate survey, conducted by crypto asset insurance company Evertas, shared that respondents believe hedge
According to various reports, the Bitcoin ABC pro-IFP chain has been under ‘attack’ for a number of consecutive days now. The mystery miner has been mining a great number of sequential blocks, but almost all of them have been empty. The miner who calls himself ‘Voluntarism.dev’ says the mining operation is a group of “old-guard
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