No More Bitcoin for Nordea Bank Employees, Experts Question the Motive

Is Nordea Bank’s controversial Bitcoin ban protecting employees from themselves or using crypto as a scapegoat? An act of paternalism or a case of generic Bitcoin (BTC) distrust? It is hard to make out the exact reasons for Nordea Bank’s ban on its 31,500 employees trading in Bitcoin or other cryptocurrencies — even on their own time — a prohibition that was upheld on Dec. 2 by a Danish court. In a press release posted by the court following its ruling, Nordea Bank noted that, “Employees are permitted to keep…

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New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments

The Verkhovna Rada, Ukraine’s legislature, has approved amendments that introduce legal terms and definitions pertaining to the crypto space. The new legislation, which aims to transpose the FATF standards into national law, also identifies who is to take responsibility for the oversight of cryptocurrencies in the country. Also read: Crypto Startups to Get up to $75,000 From the Government of Ukraine Using Crypto for Payments and Investments The draft law on the prevention of the legalization of proceeds from crime and the financing of terrorism and weapons of mass destruction…

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Ethereum Istanbul Hard Fork Get Support From Major Crypto Exchanges

As Ethereum successfully performs Istanbul hard fork, several crypto exchanges announced support for the network update. Following the successful Ethereum Istanbul hard fork update, several popular exchanges have announced their official support for the network upgrade. Yesterday, on Dec. 7, the Ethereum’s network saw ample collaboration between node operators and miners to update the software to support the Istanbul hard fork. Some crypto exchanges even sounded their willingness to update a few days prior to the scheduled hard fork. A widely supported hard fork Notably, Binance announced support for the…

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A List of Self-Proclaimed Bitcoin Inventors and Satoshi Clues Debunked in 2019

Since the inception of Bitcoin, a variety of unique individuals have come forward saying they invented blockchain technology. In 2019, a few more self-proclaimed Satoshis came out of the woodwork, alongside evidence pointing toward other individuals who could have used the moniker. So far, clues examined this year still haven’t revealed a smoking gun and the ‘Faketoshis’ who came forward in 2019 have all been debunked and ridiculed. Also Read: Satoshi Nakamoto Could Be Criminal Mastermind Paul Le Roux 2019’s Faketoshi List Nobody knows what makes an individual claim to…

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Ethereum Hard Fork Live, Stolen ETH Moved, ‘Hodlers Are Insane’: Hodler’s Digest, Dec. 2–8

Ethereum completes the Istanbul hard fork, analysts warn “the halvening” will be a non-event, and research suggests crypto will replace fiat by 2030. Coming every Sunday, 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 Ethereum completes Istanbul hard fork It’s happened! Ethereum’s much-anticipated shift to Istanbul has been completed, and the system-wide update came into force…

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Sorry — But Bitcoin Can Still Drop to $2.7K While Everyone’s Bullish

Bitcoin price could drop by 64% from here despite the May 2020 halving based on a historic indicator that suggests BTC may be in the middle of a bear cycle. As the Bitcoin price (BTC) begins to slowly ascend, the question on everyone’s minds is whether the latest bottom is in, or whether there is more pain ahead.   In this article, I will aim to provide some insight as to what one can expect based on the information from the charts.  Daily crypto market performance. Source: Coin360.com Lower CME gap…

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Beam, BCH and Zcash Will Join BTC in Halving Their Mining Rewards

There’s been a lot of noise about Bitcoin’s halving, set to occur in May, and the effect this will have on price as BTC’s mining reward is slashed. It’s not the only PoW coin gearing up for a major reduction in its emission rate next year, with Bitcoin Cash, Beam, and Zcash all set to undergo similar events in 2020. Also read: As Halving Interest Grows, Spectators Discuss Miner Hoards and Capitulation Halvenings Are Happening Cryptocurrency miners will see their rewards halved next year, as the issuance rate for several…

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Top-5 Cryptos This Week: XTZ, ATOM, XRP, XMR, BNB

Can the approaching holiday season boost Bitcoin and crypto prices? Let’s analyze the charts of the top performers of the past seven days. The New York Digital Investment Group LLC (NYDIG) has received approval from the United States Securities and Exchange Commission (SEC) to offer its shares to institutional investors, including registered investment advisers, their clients and other eligible investors.  The fund aims to invest in cash-settled BTC futures traded on exchanges that are registered with the U.S. Commodity Futures Trading Commission. Though the increasing number of offerings by various…

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Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money

Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss Licensed Crypto Bank Expanding Into 9 Markets ‘The End of Fiat Money?’ – Cryptocurrencies Are Inevitable Deutsche Bank Research released a special edition of Konzept entitled “Imagine 2030” on Thursday. Konzept is a regularly published research report that addresses the fundamental issues driving the world of economics and…

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Ethereum Price Stable Despite Hard Fork, Altcoins See Small Gains

Most of the top 20 cryptocurrencies are reporting moderate gains as Ethereum price seems unaffected by the hard fork. Sunday, Dec. 8 — most of the top 20 cryptocurrencies are reporting discreet gains on the day by press time, as Bitcoin (BTC) hovers around the $7,550 mark again. Market visualization courtesy of Coin360 Bitcoin price is currently down by 0.2% on the day, trading at around $7,552 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about 2.91%. Bitcoin 7-day price chart. Source:…

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