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Bitcoin rose to his highest price in a month after weeks of stagnation Ether stole the headlines It rose more than 20% this week as the boom in DeFi applications paid off. After two years of disappointment with Bitcoin since the crash in early 2018, ether Maybe it found its next killer app.
Bitcoin's profits were more humble after the European Union approved a coronavirus stimulus package earlier this week, although the price has still risen below $ 10,000. But Changanceg Zhao, CEO of Binance, told Bloomberg he Bitcoin is still tied to the stock market and is prone to another crash.
The currency auditor's office, now headed by a former Coinbase manager Brian Brooks, issued a letter this week that allowed the National Banks Providing fiat bank accounts and cryptocurrency management services to cryptocurrency companies. The federal government's seal of approval is an important milestone for an industry that often has difficulty accessing traditional banking services.
"This statement clarifies that banks can continue to meet their customers' needs Securing your most valuable assets"Said Brooks," what today for tens of millions of Americans includes cryptocurrency. "
DIGITAL DOLLAR UNCERTAINTY
France's central bank said it would soon conduct a series of experiments, the teachings of which could be used to change the way money works, but Bitcoin and blockchain were excluded His statement and the list of eight participants show what a central bank's digital currency should look like.
On the other side of the Atlantic Ocean, former CFTC Commissioner Sharon Bowen said the US was "fall back a bitIn the race for a digital dollar in a webinar organized by Accenture
TWTR HACK FALLOUT
With Twitter still fluctuates from last week's hack that took over the accounts of several celebrities and made people send Bitcoin to them, CEO Jack Dorsey apologized and said he felt "terrible" about the social media giant's call to win. The hackers stole just over $ 100,000, but it did could have been much more– According to Coinbase, 1,100 customers couldn't send nearly $ 280,000 worth of Bitcoin to the addresses in question.
Payment giant Visa
If the future of bitcoin The partnerships and cooperations with established institutions are a big step in the right direction.
The daily Bitcoin transaction value is set to fall below the value of Tether [Bloomberg]
How activist investors could change the crypto landscape [Cointelegraph]
Can dedicated devices bring back blockchain as a technical solution? [National Law Review]