Robinhood’s app saw an enormous increase in customers this year. But the consequences are not always positive. Authorities in the USA are now accusing the company of targeting young people without informing them about the risks beforehand.
In a study, Genesis Mining investigates the bullishness of Bitcoin investors. But the results suggest that the majority of those surveyed tend to have conservative to bearish price prospects.
Genesis Mining is actually known for gigantic mining farms in Scandinavia as well as its cloud mining services. However, the company founded by the German Marco Streng has now turned to mapping the Bitcoin sector. In a recently published study, the company examines market sentiment among 1,000 Bitcoin investors. Mind you, the study participants were all Bitcoin investors with different allocations in BTC. A quarter has invested more than half of their assets in BTC, another 25 percent between 10 percent and 50 percent, 25 percent between one and ten percent and the rest less than one percent.
JPMorgan’s investment strategists see a growing demand for cryptocurrencies in the US insurer MassMutual’s recent $ 100 million investment in Bitcoin.
100 million US dollars – This is how much US insurer MassMututal invested in Bitcoin on December 11th. As Bloomberg reports, investment strategists from JPMorgan spoke up on the same day. In an investor announcement, they commented that the insurance company’s entry shows that Bitcoin acceptance will now expand from family businesses and wealthy investors to larger investors such as insurance companies and pension funds.
A British asset manager is switching from gold to Bitcoin and speaks of a defensive maneuver. The Chinese state television has also determined that Bitcoin has outperformed gold – Max Keizer sees a bullish signal in this.
Bitcoin price starts a new attack on the $ 19,500 mark. Most recently, the bulls failed on the evening of December 15, at least temporarily. After all: The correction this time was less dramatic than the day before. At the time of writing, BTC is trading at $ 19,700, just slightly above its all-time high that was only posted on December 1st.
After a temporary price correction, the bulls attack again and let the Bitcoin price rise again to the all-time high. The dominance of the reserve currency can also benefit from this positive price development and rise to a key resistance. A decision on the medium-term price development can be expected in the coming trading days.
The computer game expert Atari continues to move towards blockchain gaming. Now there are NFTs for the popular soccer game Kick Off. In addition, the new Atari VCS console is getting blockchain integration.
The game developer Atari has announced a collaboration with the blockchain game specialist Enjin. As part of this cooperation, the legendary reputation of Atari will find its way into the gaming universe of Enjin.
Perhaps you have already noticed that Bitcoin is staying a lot lately. In addition, you have probably already asked yourself what you can do if the courses have to accept setbacks. Fortunately, there is a method with which you can make profits with your cryptocurrencies even in volatile times.
Investors can get a passive income with Bitcoin and Co. even if the prices fall – how does that work?
The Bitcoin crash is also tearing down the decentralized finance (DeFi) sector. Nevertheless, there were some exciting developments this week and a DeFi token could even increase by more than 500 percent in the last 14 days.
Ethereum Classic Labs and the UNICEF Innovation Fund are working together to develop blockchain-based solutions to some of the world’s most pressing problems. Here’s a look at the first three projects selected to receive funding and other support – and how they aim to improve people’s lives.
The staging as a businessman has a long tradition in hip hop and in times of the corona pandemic, alternative sources of income for musicians are all the more important. So it seems only logical that artists from this genre should try their hand at the token economy.
Few events from the crypto space have caused so much response in the mainstream media recently: The first batch of $ YACHTY, the new token of rapper Lil Yachty, was sold out on December 10th in just 21 minutes and 41 seconds.
thereum has become the blockchain of choice for many developers of decentralized applications (dApp). Ethereum has by far the largest developer community, even surpassing Bitcoin’s. Still, there have been more and more serious projects recently that could erode Ethereum. The three most promising Ethereum competitors under the microscope.
After several years of development, the first phase of Ethereum 2.0 has started. The major upgrade has been in the planning stage since 2015 and the fact that it is far more difficult to change the engine in a moving vehicle than to build from scratch speaks for itself. That is why many former ETH developers took the opportunity and developed their own blockchain. Will Ethereum lose its first mover advantage?
2020 was a great year for the Lightning Network (LN). It managed to grab the attention, not only from its proponents but notably from the wider crypto community.
The new development became the subject of various publications as well as online conversations. Some highlighted its capabilities and huge potential, while others expressed their incertitude or disagreement.
Regardless, the Lightning Network is still one of the most interesting subjects to talk about in the crypto space as it’s also probably one of the most exciting crypto projects so far.
Vulnerability in the Lightning Network, upgrade highly recommended
The developers of the Lightning Network recommend an immediate upgrade to version 0.11 or higher.All node operators of the Lightning Network who are using an LND version from before October 1st are asked to immediately upgrade to version 0.11.The reason for this is that a security hole was found in LND version 0.10, which also affects all versions before that.
The corresponding security hole was communicated on October 9th by Lightning developer Conner Fromknecht.In this regard, he explains:
“Although we have no reason to believe that this vulnerability is already being exploited, we urge the community to immediately update to LND version 0.11 or higher.”
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Everything you need to know about the Lightning Network ⚡.
Satoshi himself proposed the first version of payment channels . The Lightning Network paper has zero authors from Blockstream . At least two other entirely independent companies are working on Lightning Network implementations . It’s well understood how trustless LN transactions work . The spec  and code are open source, feel free to look for a “backdoor”.