❗Bitcoin Breaking❗

2020-12-07 02:39:46 Ethereum Addresses Holding 1 ETH Tops All-Time High

Interest in Ethereum continues to grow as the price heats up.

In brief

The number of Ethereum addresses holding one of more ETH has hit new highs.

Metrics site Glassnode puts the figure at 1,175,681.

The number has been on the up this year—but still hasn’t increased like it did during the 2017/2018 bull run.

By Mathew Di Salvo

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2020-12-07 02:38:19 #Bitcoin is now the 7th largest currency in the world. Not bad for only 12 years. What do you think? $BTC

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2020-12-07 02:37:07 Bank of Canada May Be Accelerating Digital Currency Plans

The pandemic is apparently forcing the Bank of Canada to rethink its timeline for a central bank digital currency, according to Timothy Lane.

In brief

The Bank of Canada said earlier this year it wasn’t planning to implement a digital currency any time soon.

The bank planned to develop one only as a contingency, should the need arise.

Now, Timothy Lane, a deputy governor of the Bank, says the pandemic may have accelerated some of the necessary preconditions for a potential CBDC.

By Will Gottsegen

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2020-12-04 08:13:18 PayPal CEO Is 'Very Bullish on Digital Currencies of All Kinds'

PayPal CEO Dan Schulman says he is optimistic on all kinds of digital currencies and that cryptocurrency's "time is now."

In brief

PayPal CEO, Dan Schulman, spoke about the future of cashless payments today.

He said he is bullish on all types of digital currencies, especially as a result of the COVID pandemic.

His statements today build on previous commentary about the positive future for cashless payments.

By Scott Chipolina

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2020-12-04 08:12:19 Grayscale Splits Ethereum Stock Worth $1.6 Billion, Making It Cheaper to Buy

Grayscale, a crypto investment fund, is splitting its stock. This makes it more accessible to the masses.

In brief

Grayscale is slashing shares in the Grayscale Ethereum Trust into nine pieces.

This will make individual shares in the trust cheaper.

It won't affect the total value of the fund.

By Robert Stevens Open / Comment

2020-12-02 05:00:34 Tezos Will Get Zcash’s Privacy Features in Next Upgrade

Key features of the Zcash blockchain are going to be merged onto the Tezos blockchain, giving its users optional privacy.

In brief

Tezos developers have revealed the next upgrade proposal dubbed "Edo."

The implementation of Zcash's library Sapling will allow "shielding" transactions on Tezos.

Another new feature is a ticket system that allows smart contracts to grant portable permissions or issue tokens.

By Liam Frost

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2020-12-02 04:59:50 European Central Bank Prez Blasts Bitcoin, Praises Digital Euro Efforts

Bitcoin and private stablecoins come with a whole host of risks, said the president of the European Central Bank in a new article.

In brief

Christine Lagarde, president of the ECB, penned an article about the possible introduction of a digital euro.

She spoke of a digital euro that could complement cash.

However, Lagarde explained why Bitcoin can't yet fulfill "all the functions of money."

By Robert Stevens

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2020-12-02 04:59:14 Ethereum, XRP Prices Spike as Bitcoin Makes History

The price of Bitcoin has hit a new all time time, and alternative crypto assets such as Ethereum and XRP are also feeling the love.

In brief

Bitcoin has broken its all-time high price.

Altcoins like Ethereum and XRP are also getting a sizable boost.

ETH is up 10% while Ripple's XRP is up 8%, both enjoying yearly highs.

By Jose Antonio Lanz

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2020-11-28 12:28:08 How perspectives change under fiat currency.

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2020-11-28 12:27:15 Bitcoin Stored on Exchanges Falls to Two-Year Low

The Bitcoin balances on all major crypto exchanges have fallen to their lowest point since August 2018.

In brief

The total amount of Bitcoin on all exchanges has fallen to a two year low.

This amount has been decreasing for most of 2020.

Over the last 24 hours, Bitcoin's bull run that saw price almost reach an all-time high came to an end.

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