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Crypto News Updates

Bitcoin Survived Halving, but Death Spiralists Still Say BTC Is Doomed

The probability of a BTC network collapse in the next five years “is quite high — well over 50%,” said venture capitalist Zach Resnick

Source: CoinTelegraph

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Crypto News Updates

Motions Fly High as Craig Wright Set to Face Kleiman Estate in Court

Jockeying for position continues, but it looks like Kleiman v. Wright is going to trial. Still, never say never as most lawsuits settle.

Source: CoinTelegraph

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Crypto News Updates

Bitcoin Gains Ground on Gold, Bolsters Claim as the Asset of Tomorrow

“In the world of decentralized finance, stablecoins are a real threat to mutual funds and ETFs. And ETFs backed by gold might be disrupted by stablecoins that are backed by gold,” said one expert

Source: CoinTelegraph

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Crypto News Updates

Stablecoins Provide Cover as Global Risks and Uncertainty Quake

Stablecoin demand and issuance sees such a dramatic surge in 2020, that the Bitcoin market cap may not stay the largest for much longer

Source: CoinTelegraph

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Crypto News Updates

Wright v. Kleiman Enters Final Act — Document Reveal May Set Precedent

Kleiman v. Wright case takes another turn, attorney says: “If they knock Wright’s credibility down too far, it could have unintended consequences in how a judge or jury views the claim”

Source: CoinTelegraph

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Crypto News Updates

The Tax Man Cometh — Who Will Pay for the COVID-19 Stimulus?

An individual in the U.S. may have to pay a capital gains tax when purchasing a single cup of coffee with Bitcoin

Source: CoinTelegraph

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Crypto News Updates

Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto

The economic crisis may lead to a more decentralized world, in which blockchain technology can thrive, says Zetlin-Jones. Does the ongoing QE impact the crypto industry?

Source: CoinTelegraph

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Crypto News Updates

Mt. Gox Casts a Dark Shadow of Crypto’s Collapse — A Long Fight for Justice

“There’s no longer one dominant exchange handling the bulk of all trading”: Kim Nilsson hopes there won’t be another Mt. Gox shock to crypto

Source: CoinTelegraph

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Crypto News Updates

French Court Moves the BTC Chess Piece — How Will Regulators Respond?

In the end, the actual classification of BTC in the Nanterre court case may be less important than the mere fact that it is being classified

Source: CoinTelegraph

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Crypto News Updates

Proving That Tether Manipulated Bitcoin 2017 Bull Run Won’t Be Easy

USDT court case development — Shipkevich: “I am pessimistic that [plaintiffs] will be able to overcome the hurdle of proving market manipulation”

Source: CoinTelegraph