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Germany Is Quietly Becoming the World’s Crypto Superpower

Source Node: https://beincrypto.com/germany-is-quietly-becoming-the-worlds-crypto-superpower/

Time Stamp: August 16, 2020 9:20 AM - Modified On: May 21, 2021 - Published By:

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Germany’s Finance Ministry has drafted a bill that will update its legal framework regarding securities. The bill specifically targets tokenized securities and will bring digital assets closer to traditional financial instruments. After years following the developments of cryptocurrency, German regulators are taking a proactive approach, placing Germany at the front of the race for legalizing digital crypto money. What’s Going On In Germany? The German Finance Ministry issued a hugely important press release on Aug 11. Regulators are drafting a bill that will cover the issuance of tokenized securities as

Blockchain Tracing the Cannabidiol Supply Chains Will Help Define Legal Standards

Source Node: https://cointelegraph.com/news/blockchain-tracing-the-cannabidiol-supply-chains-will-help-define-legal-standards

Time Stamp: August 15, 2020 1:17 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Interest in cannabidiol-based products has been on the rise, as recent statistics show that the global cannabis market is expected to have reached $42.7 billion in the next four years. Yet as hemp-derived cannabidiol, or CBD, products gain popularity, federal agencies are proceeding with caution around regulatory measures for cannabis products. In order to address regulatory concerns, policymakers in different regions are looking toward using blockchain technology as a solution that can provide transparency into the complex cannabis supply chain. Ensure CBD becomes a novel food in EuropeMost recently, the Cannabinoid Association

Analyst Who Predicted Bitcoin’s 2018 Bottom Expects a Move to $14k

Source Node: https://bitcoinist.com/analyst-predicted-bitcoins-2018-bottom-expects-move-14k/?utm_source=rss&utm_medium=rss&utm_campaign=analyst-predicted-bitcoins-2018-bottom-expects-move-14k

Time Stamp: August 14, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Bitcoin is stagnating in the high-$11,000s once again despite Ethereum breaking higher. BTC trades at $11,800 as of this article’s writing, meaning the asset remains below the critical $12,000 level. An analyst thinks Bitcoin is poised to move to $14,000 in the near future. The analyst in question is one that has been historically accurate with his price calls. He famously predicted BTC would bottom 2018’s bear trend at $3,200 months before it did. Others think that BTC is primed to move to $14,000, citing technical and fundamental reasonings. Bitcoin

$600M Crypto Ad Ban Class Action Filed in Australian Courts

Source Node: https://cointelegraph.com/news/600m-crypto-ad-ban-class-action-filed-in-australian-courts

Time Stamp: August 13, 2020 10:54 PM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Law firm JPB Liberty filed a class-action lawsuit in the Federal Court of New South Wales earlier today, targeting Facebook and Google for anti-competitive behavior for banning cryptocurrency advertising in 2018.JPB argues the ban, which was loosened in 2019, killed the initial coin offering (ICO) market and caused severe financial damage to the wider cryptocurrency industry.JPB Liberty CEO Andrew Hamilton said the tech giants had acted as a cartel in launching the crypto ad ban, in order to crush competition from the blockchain sector.The suit has garnered more than $600

Token Launches From Ethereum to Telegram: Where Do We Go From Here?

Source Node: https://cointelegraph.com/news/token-launches-from-ethereum-to-telegram-where-do-we-go-from-here

Time Stamp: August 12, 2020 9:51 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram. She declined to comment at the time, as SEC officials do not speak publicly about ongoing enforcement actions. In late July, however, with the Telegram case settled, Commissioner Peirce gave a speech titled “Not Braking and Breaking” that pointedly questioned the approach taken by the SEC in the Telegram case. Concluding her remarks, Commissioner Peirce asked:“Who did we protect by bringing this action? The initial purchasers, who

Why Grayscale’s New Digital Currency Ad Could Bring Crypto Investing To Millions

Source Node: https://cointelegraph.com/magazine/2020/08/10/grayscale-ad-digital-currency-history-of-money

Time Stamp: August 10, 2020 9:16 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

This morning Grayscale, the world’s largest provider of cryptocurrency investment vehicles, temporarily turned its attention away from hoovering up the supply of Bitcoin to focus on arguably the most intractable problem in all of crypto: getting your stubborn friends and family on board. Last Friday Grayscale founder and CEO Barry Silbert teased a massive ad buy on Twitter with the intention to “brrring crypto to the masses” — and this morning he delivered, with spots on CNBC, MSNBC, FOX, and FOX Business, among others. The Grayscale blog, meanwhile, pitches the

Bitcoin Price Seals Best Weekly Close in 2.5 Years: 5 Things to Know

Source Node: https://cointelegraph.com/news/bitcoin-price-seals-best-weekly-close-in-25-years-5-things-to-know

Time Stamp: August 10, 2020 5:18 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Bitcoin (BTC) greets another week with a push to $12,000 and its highest weekly close since after it hit $20,000 — will it return?Cointelegraph takes a look at five things that stand to impact BTC price performance in the coming five days.BTC: A two-and-half-year record weekly closeBitcoin hitting $12,000 again early Monday was more than just a boon for traders — in doing so, BTC/USD sealed its highest close on weekly time frames since January 2018.This means that no single week of price action ended at such high levels since,

UAS: The First Government to Bring Blockchain Development to The Masses

Source Node: https://bitcoinerx.com/blockchain/uas-the-first-government-to-bring-blockchain-development-to-the-masses/

Time Stamp: August 10, 2020 3:39 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

What constitutes development? Would one know it when they saw it? More importantly, why should it matter whether or not a nation attains it? Answers to these seemingly simple questions are as varied as people are. However, simply put, development is the expansion of a nation’s economy, complemented with a significant rise in its citizens’ living standards. From this, it is apparent that development is visible—additionally, its attainment matters. Africa, compared to other regions, is underdeveloped, albeit resource-rich. Ironically, incomes continue to rise across the continent while a majority of

A $15K Bitcoin Likely As Price Breaks Above “Multi-Year Bullish Triangle”

Source Node: https://bitcoinist.com/a-15k-bitcoin-likely-as-price-breaks-above-multi-year-bullish-triangle/?utm_source=rss&utm_medium=rss&utm_campaign=a-15k-bitcoin-likely-as-price-breaks-above-multi-year-bullish-triangle

Time Stamp: August 10, 2020 1:11 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Bitcoin expects to hit a $15,000 valuation in the coming sessions, says full-time futures trader Adam Mancini. The Twitterati stated earlier Monday that BTC/USD closed above a “multi-year bullish triangle” by almost $2,000. The pair’s giant move above the “continuation pattern” increased its likelihood of testing short-term breakout targets, beginning with $15,000. Mr. Mancini said Bitcoin could extend its upside towards $24,000, as well. “[The cryptocurrency] may be the new kid on the block but the same old classic patterns that apply to all financial assets still apply,” he tweeted.

Economic Crisis Leaves US Government Officials in State of Confusion

Source Node: https://beincrypto.com/economic-crisis-leaves-us-government-officials-in-state-of-confusion/

Time Stamp: August 9, 2020 1:20 PM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

The continuing economic trauma from the COVID-19 crisis has left US government officials in a state of confusion. While some argue for opening the economy, others are advocating for a complete shutdown. The lack of clear economic policy direction is becoming more and more apparent as the crisis unfolds. The difficulty appears to be the potential impact of another shutdown weighed against the continued economic stagnation from partial closures. US Economy Bleeding Out The Federal Reserve Bank of Minneapolis President Neel Kashkari is on the side of complete closure. In

TikTok Ban: The Beginning of a New Age in Social Networks?

Source Node: https://beincrypto.com/tiktok-ban-the-beginning-of-a-new-age-in-social-networks/

Time Stamp: August 8, 2020 8:28 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

President Donald Trump has signed an executive order that forbids American companies to transact with Tencent and Bytedance. The ban comes after a long debate involving alleged data mining from apps like WeChat and TikTok. Following the ban, Tencent shares fell 5%. American companies will effectively have 45 days to stop transacting with these companies. The ban is sparking worldwide debate regarding the boundaries of national security. Is this an opportunity for decentralized social media platforms to step up? Tencent and the Yuan Plummet The announcement was immediately felt on

Eerily Accurate Analyst Thinks Bitcoin Could Hit $20,000 in the Next 3 Months

Source Node: https://bitcoinist.com/eerily-accurate-analyst-bitcoin-hit-25000-next-3-months/?utm_source=rss&utm_medium=rss&utm_campaign=eerily-accurate-analyst-bitcoin-hit-25000-next-3-months

Time Stamp: August 8, 2020 3:00 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Bitcoin has finally started to show weakness after recovering from last weekend’s flash crash. After falling as low as $10,500 last weekend, the leading cryptocurrency surged as high as $11,950 before retracing. As of the time of this article’s writing, BTC trades for $11,500, sliding to this critical level from the aforementioned highs. The retracement for Bitcoin has been bearish, especially considering it was rejected at $12,000 again. Some remain optimistic that Bitcoin bulls are in control, though. One historically accurate analyst that predicted BTC’s macro price action is still

Germany Is Quietly Becoming the World’s Crypto Superpower

Blockchain Tracing the Cannabidiol Supply Chains Will Help Define Legal Standards

$600M Crypto Ad Ban Class Action Filed in Australian Courts

Token Launches From Ethereum to Telegram: Where Do We Go From Here?

UAS: The First Government to Bring Blockchain Development to The Masses

Economic Crisis Leaves US Government Officials in State of Confusion

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