The 5 Biggest Trends In Cryptocurrency For 2020
These events and developments will shape the digital asset market next year.
Crypto Market Loses Over $40B in A Week
The crypto market has been experiencing a downtrend over the last week, with major cryptocurrencies being in the red.
How One Firm Found Order in the Chaotic World of Cryptocurrency Accounting
“The most difficult part in the entire market is that there is no standard.”
CFTC Chairman Says Cryptocurrency Ether is a Commodity
Ether futures will begin trading in U.S. markets in the near future.
PayPal Pulls Out of Facebook’s Crypto Project
The payments company was reportedly concerned Facebook had not done enough to address the regulatory backlash against the Libra plan.
SoFi Launches Crypto-Trading Service
In partnership with Coinbase, SoFi allows users to buy and sell bitcoin, ether, and litecoin.
Mnuchin Warns of Cryptocurrency Security Risks
Facebook's proposed Libra digital currency “could be misused by money launderers and terrorist financiers," the treasury secretary says.
Hackers Steal $32 Million in Cryptocurrency
Japanese cryptocurrency exchange Bitpoint said that $23 million of the stolen funds belonged to customers, while it owned the rest.
Diginex Takes Reverse Merger Route to Go Public
'Backdoor' listings have become a popular way for crypto firms to get into the public markets without the regulatory scrutiny of a traditional IPO.
Blockchain Company Ripple Invests in MoneyGram
Ripple will become MoneyGram’s main partner for cross-border transactions after purchasing $30 million worth of newly created MoneyGram shares.
Facebook Unveils Libra Cryptocurrency
The project would bring a consumer-friendly version of digital currencies to smartphones around the world.