Long term Wall Street bear and bitcoin holder, David Tice predicts that the stock market will crash fall by 30% in a retreat that will persist for two years. Although the veteran investor is not giving the specific commencement date for this downturn, he warns that when it breaks, “it’s likely to break hard and cause investors to suffer for a long time.”

https://news.bitcoin.com/wall-street-perma-bear-predicts-stock-market-crash-says-bitcoin-cannot-be-ignored-as-he-touts-gold/

The fund describes companies with exposure to Crypto Assets can represent firms like exchanges, mining operators, crypto custodians, and more.
https://news.bitcoin.com/vaneck-files-for-crypto-etf-that-gives-investors-exposure-to-equity-in-digital-asset-companies/

In addition to the recent court filing by Tetragon, former Ripple executive Jed McCaleb reportedly sold 28.6 million XRP this week. Ripple
https://news.bitcoin.com/uk-investment-firm-aims-to-block-ripple-from-leveraging-liquid-assets-jed-mccaleb-dumps-28-6-million-xrp/

The U.S. President-elect Joe Biden is set to name Gary Gensler as the new chairman of the U.S. Securities and Exchange Commission (SEC) to replace Elad Roisman. During Obama’s administration, Gensler led the U.S. Commodity Futures Trading Commission (CFTC) from 2009 to 2014. The Former Banker Became Part of Biden’s Transition Team in November According […]

https://news.bitcoin.com/us-president-elect-biden-to-nominate-mit-blockchain-professor-gary-gensler-as-sec-chairman/

"The transaction is expected to be fully completed before the end of the first quarter of 2021."
https://news.bitcoin.com/publicly-listed-lottery-company-to-buy-14-4m-worth-of-bitcoin-mining-machines/

Billionaire Shark Tank investor Mark Cuban sees cryptocurrency “exactly” like the dot-com bubble. He says bitcoin and a few other cryptocurrencies are analogous to those dot-com stocks, like Amazon and Ebay, that survived the bubble burst and thrived. Mark Cuban Likens Crypto to Dot-Com Bubble Shark Tank star Mark Cuban compared what he feels is […]

"Even the banks want bitcoin." Morgan Stanley now owns 792,627 shares of Microstrategy.
https://news.bitcoin.com/morgan-stanley-bitcoin-microstrategy/

The Israel Securities Authority (ISA) recently ruled that utility tokens issued by companies are securities and, therefore, cannot be classified as assets. The ISA’s decision comes after Israeli tech startup Kirobo sought to convince the regulator that its planned token issuance did not amount to a security offering. Token Value Growth However, in response to […]
The post Israeli Regulator Designates Utility Tokens Issued by Companies as Securities appeared first on Bitcoin News .

https://news.bitcoin.com/israeli-regulator-designates-utility-tokens-issued-by-companies-as-securities/

On Thursday, November 12, 2020, the blockchain firm Kirobo launched a tool that allows users to reverse ethereum transactions. Similarly to the replace-by-fee (RBF) protocol leveraged by bitcoin users, ethereum transactions can be reversed as well with Kirobo’s “Undo Button” supported by Metamask or any wallet that supports walletconnect.
The two top blockchain assets, in terms of market capitalization, have features that allow users to reverse transactions they sent if the fee was too low or for other reasons.

The post The ‘Undo Button’ Wallet Tool Gives Users the Ability to Reverse Ethereum Transactions appeared first on Bitcoin News .

https://news.bitcoin.com/the-undo-button-wallet-tool-gives-users-the-ability-to-reverse-ethereum-transactions/

The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch all-time highs (ATH) in their local currency. The bitcoin ATHs in these countries show how
The post 8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs appeared first on Bitcoin News .

https://news.bitcoin.com/8-countries-stricken-with-rampant-inflation-see-bitcoin-prices-touch-all-time-highs/

Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5.6% hovering above $379 billion during the afternoon trading sessions. Digital currency markets have increased a great deal during the

The post Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day Streak Above $10K appeared first on Bitcoin News

https://news.bitcoin.com/market-update-bitcoin-nears-13000-holds-record-breaking-87-day-streak-above-10k/

People in Turkey are increasingly turning to bitcoin as the local currency, the Turkish lira, recently hit another record low against the dollar. Bitcoin adoption in Turkey outshines other countries in the region.


Turkey Is Regional Leader in Bitcoin Adoption

Bitcoin adoption has been increasing in Turkey as the local currency, the Turkish lira, hit another record low Thursday, reportedly touching 7.95 to the dollar. The dollar has gained about 33% against the lira so far this year and some analysts are predicting that it will soon hit 8.5. “The Turkish lira is getting smoked” and “will crash to new lows due to ‘unorthodox’ policies,” CNBC reported analysts explaining. “The lira’s underlying problem is the lack of credible inflation targeting by the central bank, which is bound to ultimately debase the currency,” Commerzbank analyst Tatha Ghose wrote in a note to clients last week.
More: https://news.bitcoin.com/bitcoin-adoption-turkey-inflation-lira/