Block Network

January 6, 2021

FinCEN’s wallet rule is open for another day of comments because ‘government officials can’t count to 15’

The website accepting comments on the proposed FinCEN rule shows crypto users have until Jan. 7, not Jan. 4 as the regulator claimed. The United States Treasury Department may have accidentally widened the window of opportunity for anyone wishing to submit comments regarding the Financial Crimes Enforcement Network’s new crypto rules. Last month, the Financial […]

Price analysis 1/6: BTC, ETH, XRP, LTC, ADA, DOT, BCH, XLM, LINK, BNB

Bitcoin’s slow crawl toward $36,000 has given select altcoins the green light to rally higher. Aggressive buying by institutional investors is one of the main reasons for the current Bitcoin (BTC) bull run. Some investors expressed their intent to hold their positions for a few years, but it is also prudent to note that many […]

Stanford group becomes 9th largest Uniswap delegate, overtakes UC Berkeley

Post-secondary institutions appear to be flocking the Uniswap exchange. A Stanford student group just confirmed it has become a Uniswap delegate with more than 2.5 million votes. Stanford Blockchain Club has become one of the largest delegates for the Uniswap exchange, overtaking a student group at rival California university UC Berkeley.  The student-run blockchain club […]

This year will produce gains some might call ‘shocking,’ Diginex CEO says

With Bitcoin on a dramatic price run, 2021 could be an eventful year for the crypto industry. Bitcoin (BTC) just recently broke through $35,000 as part of a tremendous price rally, in part the result of Bitcoin’s limited supply, according to Diginex CEO Richard Byworth.  “Bitcoin is in the process of starting its post halving […]

Newsweek’s positive coverage of Bitcoin underscores paradigm shift in public perception

The publication explores whether Bitcoin will become the new gold standard. Newsweek, one of the largest American weekly news magazines, has taken a positive spin on Bitcoin (BTC) in a recent article that explores whether the digital asset can become the new gold standard.  The article, which appeared on Wednesday, dissects the digital gold narrative […]

What’s next for Bitcoin price after $35K? Bulls and bears speak out

Bitcoin price reached a new all-time high at $35,776 and has stagnated since. Here is a recap of the likely bear and bull cases for BTC. Bitcoin price reached a new all-time high at $35,776 on Binance on Jan. 6. Following the explosive overnight uptrend of Bitcoin (BTC), on-chain analysts are generally optimistic about the […]

Data says only 22% of Bitcoin supply left in circulation as BTC rally ‘far from done’

Roughly three-quarters of the 18.6 million BTC mined to date is not up for sale or even moving anywhere, Glassnode calculates. Bitcoin (BTC) investors are quickly storing most of the available coins away and they are not for sale, new data at the start of 2021 reveals. Statistics from on-chain analytics resource Glassnode originally released […]

COVID-19 vaccination records stored on VeChain as use cases grow

A hospital in Cyprus is now utilizing the VeChain blockchain to store vaccination records. The Mediterranean Hospital of Cyprus, one of the country’s largest private health facilities, is storing its COVID-19 vaccination records on VeChain — offering another compelling use case for the supply chain logistics platform.  As of Monday, 100 doctors and personnel had received […]

Financial analyst agrees Bitcoin could be ‘rat poison,’ but not in the way you think

Even crypto industry experts might agree with Warren Buffett’s description of Bitcoin, under this interpretation. Famous investor and Berkshire Hathaway CEO Warren Buffet called Bitcoin “probably rat poison squared” back in 2018. In his 2020 fourth-quarter market letter, financial analyst Bill Miller agreed with Buffett’s description of the asset — but not without his own addendum. “Warren […]

2 key Bitcoin price indicators show pro traders are waiting for $36K

Bitcoin price rallied back to $35,000 but key indicators show top traders are proceeding with caution. Bitcoin (BTC) recently reclaimed $35,000 but top traders at Huobi, OKEx, and Binance are not buying the breakout. Unlike the savvy institutional investors who may be desperate for protection against the debasement of fiat, the more crypto-focused investors seem […]