Google Finance has added a crypto tab to its front page, putting it alongside US, European, and Asian stocks as well as currencies. The ‘crypto’ category features Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, the four coins picked by PayPal when their crypto service launched last year, in another example of cryptocurrency creeping into the mainstream. It shows that Google’s relationship with crypto has come a long way since then banned crypto adverts in 2017.
BBVA, Spain’s second biggest bank, is to launch cryptocurrency services next year in another sign that institutional adoption is on the increase. CoinDesk reported yesterday that the bank, which has assets amounting to almost €700 billion ($840 billion), will become the latest institutional body to offer cryptocurrency trading facilities to its customers, following in the footsteps of trailblazers like Fidelity Digital Assets.
Read the full article at FullyCrypto: https://fullycrypto.com/bbva-to-offer-cryptocurrency-services-in-2021
Cred is a project that touts itself as blockchain’s answer to the current banking system, and on paper, it has a wide range of pretty neat products. Offering you the ability to put your crypto up as collateral for instant loans, Cred had some of the best interest rates around at up to 10%.
Read the full article at FullyCrypto: https://fullycrypto.com/cred-hits-the-skids-as-balance-sheet-doesnt-add-up
Bitcoin has been in a downtrend since topping out at $58,000 last month, resulting in a 25% correction that is typical of Bitcoin in a bull market. After threatening to pull right back to the $41,000 area it broke out of the downtrend last night having dropped to $43,000 during the week-long correction
Read the full article at FullyCrypto: https://fullycrypto.com/bitcoin-shows-signs-of-march-recovery
When you make a Bitcoin transaction, even if you use the highest fees, you still need to wait for confirmations for your Bitcoin to actually appear in most wallets and on most exchanges. But, many people new to Bitcoin still don’t get why this is necessary if it’s already been included in a block.
Read the full article at FullyCrypto: https://fullycrypto.com/why-do-i-need-confirmations-on-my-bitcoin-transactions
Ethereum 2.0 will launch Phase 0 on December 1, the first of four planned phases that will gradually see the five year old network shedding its skin and revealing a glittering new layer underneath. The network will be faster, leaner, and less energy intensive among other improvements, but what are the key benefits that Ethereum 2.0 will have over its predecessor? Our Ethereum 2.0 beginners guide outlines the key differences between the old network and the upgrade.
Read the full article at FullyCrypto: https://fullycrypto.com/ethereum-2-0-a-beginners-guide
The proposed Treasury crypto rule change that would have dramatically increased the oversight of individual cryptocurrency transactions has been put on hold following the transition from the Trump administration to the Biden administration. The new administration has announced that all in-process rule changes will be reviewed, which includes the Treasury’s crypto amendments, although credit must go to the crypto community who helped delay the intrusive and rushed implementation.
Read the full article at FullyCrypto: https://fullycrypto.com/treasury-crypto-rule-change-frozen-by-biden-administration
Interest rates have been at historic lows for over a decade, but were beginning to increase when coronavirus hit. Once the pandemic is under control and the world is back at work however, an interest rate rise will be imminent. How will an interest rate rise, or series of them, affect Bitcoin? The answer could be...badly.
Read the full article at FullyCrypto: https://fullycrypto.com/could-interest-rate-rise-cripple-bitcoin-bull-run
Huobi’s attempts at purchasing Bitflyer and Bithumb exchanges “will be suspended”, according to Chinese crypto reporters Wu Blockchain. Wu Blockchain reported that Huobi Global, which is China’s biggest exchange, has agreed to purchase Japanese exchange Bitflyer and Korean exchange Bithumb, but that these acquisitions are likely to be halted by Chinese authorities while they investigate Huobi and its COO Zhu Jiwei.
Read the full article at FullyCrypto: https://fullycrypto.com/huobi-bitflyer-bithumb-acquisition-bids-will-be-suspended
GDollars, a cryptocurrency backed by former advisor to the Trump administration Steve Bannon, is allegedly being investigated by the U.S. Securities and Exchange Commission (SEC). Forensic News journalist Scott Stedman broke the news through his Twitter feed on Saturday, citing an anonymous source who stated that Bannon and his associate never obtained a license to issue the digital currency, which is said to have raised millions of dollars this year.
Read the full article at FullyCrypto: https://fullycrypto.com/gdollars-allegedly-being-investigated-by-sec