XRP prices see ‘pump and dump’ as Ripple outlines legal defense strategy
In its response to SEC’s lawsuit, Ripple denies that XRP is a security, points out the clash with FinCEN and questions why SEC is not going after Ethereum.
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GameStop copycat rally pumps up Dogecoin, Ripple XRP and other cryptos
Small investors drove up Dogecoin’s price by 1,000% after the GameStop saga, but money quickly left—and then Ripple’s XRP and Stellar prices went up.
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Binance report: over 100 million people are now crypto users
About half of cryptocurrency users are hobbyists while 15% consider crypto their primary source of income, according to a survey of 61,000 crypto users.
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74% of stablecoins are issued on Ethereum, according to new report
ConsenSys Codefi’s 4Q 2020 report on DeFi trends also predicts more ‘wrapped’ tokens, tranche lending products and Ethereum 2.0 derivatives in 2021.
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Tether prosecution delayed again. Bitcoin’s false ‘double-spend’ rumors. Brave sends 24 million users to Web 3.0 via IPFS.
Other top blockchain and cryptocurrency news: BIS touts digital currencies. China’s blockchain network to add CBDCs as payment option.
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Is Signal experimenting with Stellar-based cryptocurrency?
Signal, which exploded in popularity after WhatsApp’s privacy stumbles, may be exploring a business strategy pursued by Big Tech. What are the risks?
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Bitcoin and other crypto trends to watch in 2021
How high will bitcoin prices go — and will 2021 be the year of the bitcoin ETF and advanced crypto derivatives? Jay Hao of OKEx looks to the future.
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Janet Yellen clarifies stance, notes ‘benefits of cryptocurrencies and other digital assets’
In written testimony, the US Treasury Secretary-nominee calls digital assets ‘fintech innovations’ and pledges to ‘encourage their use for legitimate activities.’
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Biden halts FinCEN’s proposed crypto wallet reporting rules
On his first day in office, President Biden put a freeze on all new or pending Trump-era rules, including rules for crypto, and asked for a review.
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Biden’s American Rescue Plan. Crypto’s regulatory outlook in 2021. How not to lose your bitcoin password (don’t ask Stefan Thomas).
Other top blockchain and cryptocurrency news: Twitter’s blue sky initiative. In China, Conflux Network wins another government deal.