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Ethereum 2.0 Developer Says Phase 0 Most Likely Delayed Until 2021, Vitalik Buterin Disagrees

Ethereum 2.0 Developer Says Phase 0 Most Likely Delayed Until 2021, Vitalik Buterin Disagrees

Justin Drake, an Ethereum Foundation Researcher working on Phase 0 of Ethereum 2.0 said the project will not go live until 2021. The announcement of the delay appeared to confuse Vitalik Buterin who disagreed that the upgrade to the network could not meet its 2020 deadline.

May 11: If You Can't Handle Me at My Worst, then You Don't Deserve Me at My Best...

May 11: If You Can't Handle Me at My Worst, then You Don't Deserve Me at My Best...

What a volatile Sunday for Bitcoin as it plunged from $9,800 to $8,100 in a single hour, a very large outsized move for a weekend trading session that even Coinbase suffered an outage. There was no news/catalyst, instead I think it was a planned outsized sale that happened. A likely scenario is that a coordinated selling or take-profit via OTC and exchanges.

Cardano Scoop: ADA/BTC Flirts with Support as Selling Pressure Increases

Cardano Scoop: ADA/BTC Flirts with Support as Selling Pressure Increases

Cardano price at 818 satoshis, trading later at -3.67% at 789 satoshis. Around 29.45 million of the volume was generated during the trading session on Monday.

President Xi Urges Expedition of Blockchain Development in China

President Xi Urges Expedition of Blockchain Development in China

On Oct. 25, China’s President Xi Jinping said at the study session of the Politburo held on Thursday that the nation should accelerate the development of blockchain technology.

Indian Bill To Ban Cryptocurrency Excluded From Winter Parliament Agenda

Indian Bill To Ban Cryptocurrency Excluded From Winter Parliament Agenda

The bill to ban cryptocurrency trade in India has been left of its parliamentary winter session agenda, fueling speculation that there has been a change in strategy.

COVID-19 Pandemic-Induced Crisis is Pushing CBDC Adoption, says Bank of Russia

COVID-19 Pandemic-Induced Crisis is Pushing CBDC Adoption, says Bank of Russia

Financial regulators are keeping a keen eye on central bank digital currencies (CBDCs) because they see them as silver linings.

Russian Citizens Are Using P2P Bitcoin Markets to Escape Monolithic Banking System

Russian Citizens Are Using P2P Bitcoin Markets to Escape Monolithic Banking System

Crypto usage is growing in Russia, despite attempts by the government to make investment more difficult.

Billionaire Investor Tim Draper: Why Millennials Should Consider Investing in Bitcoin

Billionaire Investor Tim Draper: Why Millennials Should Consider Investing in Bitcoin

The future of Bitcoin remains a hot topic. Billionaire venture capitalist, Tim Draper, calls Bitcoin as the way of the future. Draper had a recent interview with Foxbusiness, a session whereby he advised millennials that if they really want to retire rich, then they need to invest in Bitcoin.

May 15: The Year of Bitcoin Options?

May 15: The Year of Bitcoin Options?

Happy Friday! BTC up 3% in the past 24 hours, flirting $9,900, teasing the market at the $10K psychological level. In the last few days, I noticed BTC weakness from the start of Asia session followed by buying activity when the U.S. woke up, driven primarily by spot buying (futures curve still relatively flat).

India Considers New Law to End Crypto Trading Despite Numerous Overturns by the Supreme Court

India Considers New Law to End Crypto Trading Despite Numerous Overturns by the Supreme Court

The Indian government is planning to bring in a new law to ban cryptocurrency trading, following the prohibition of banks and financial services to provide services related to crypto.

To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders

To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders

The State Duma is discussing its legislative plans regarding Bitcoin and cryptocurrency usage and has been reported to seemingly have a change of heart regarding digital assets adoption in Russia.

Hong Kong's 2020 Budget: Digital Assets May be Incorporated into Regulatory Framework but not Blockchain

Hong Kong's 2020 Budget: Digital Assets May be Incorporated into Regulatory Framework but not Blockchain

Financial Secretary of Hong Kong, Paul Chan been under intense pressure from lawmakers to dip into the government’s fiscal reserves to help the city get out of an economic slump. After months of anti-government protests and the emergence of the coronavirus epidemic, Hong Kong residents aged over 18 will receive a cash handout of HK$10,000. The budget also highlighted the forecast of an all-time high deficit of HK$139 billion for the coming fiscal year.

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