Bitcoin pulse, guides and news: 12/28/20

Monday, December 28, 2020

XT.COM CHANNEL·TBCC AMA --Review

At 14:00 December 25, XT.COM CHANNEL was coming back again!

Today our guest is Maria Bulanaeva, TBCC CMO. If you missed out the event, please follow me to have a review of it. The event topic is TBCC—Best Crypto Wallet for Decentralized Finance.

https://preview.redd.it/277mhgm2b2861.png?width=1000&format=png&auto=webp&s=5969a1a1ca50c16cc09984248d2a11f287ddac17

A：

Hi, everyone! Welcome to the XT BiYong AMA Broadcast Room. I'm JUN, CBO at XT.com. I am hosting today's AMA with TBCC. Today, our guest is Maria Bulanaeva, CMO of the TBCC Project. Let's talk to Maria Bulanaeva to learn about the TBCC Project.Hello Maria Bulanaeva, thank you for joining us for the XT and TBCC AMA!

B：

Hello, Jun! Thanks for the invitation! I also want to greet all of the AMA participants who found the time to take part in this question session today and thank you for your interest in the TBCC Labs project.

Maria Bulanaeva, can you give our community a brief introduction behind the inspiration to build TBCC?

B：

TBCC Labs was created with the aspiration of making the world of cryptocurrencies simple and understandable for anyone. We want to show millions of people that cryptocurrency has already become a part of the modern world and can become a worthy equivalent to fiat money and savings. Our main goal is to help people to use their digital assets as easily, safe and profitably as possible.

In the blockchain industry, what do you think of the current state? What do you think that needs to be improved?

I believe that the blockchain industry is the future of our financial system. It is actively developing and we see a growing interest in it in the recent years. However, from my point of view, there are currently several problems due to which investing in cryptocurrency and the usage of it does not have the necessary popularity and involvement of people.

Among them, we can single out an unattractive interface (or its complexity), the lack of the necessary set of services in one application (that makes people search third-party services, and makes the work more difficult and inconvenient), the presence of a large number of difficult terms in perception (the user simply feels himself lost among many terms and it is difficult for him to understand many of them - it simply repulses him), as well as a lack of an adequate level of security (users are afraid of losing their assets, or that all information or part of it may leak to third-party sources).

How does the TBCC team plan to tackle these issues to reach mass adoption? Let's start with your point?

In order to solve the problems, those were mentioned above, we offer services in the following areas:

Purchase, exchange - TBCC Wallet, TBCC SWAP
Storage - TBCC Wallet
Trading - TBCC Wallet, TBCC token
Decentralized finance services - TBCC Finance
Security - TBCC VPN

Our strategy is to provide users with a secure, multi-functional service. By combining the above solutions, we create an eco-system in which each users can eassily work with cryptoassets, and gain more assets. At the same time, we pay great attention to the safety of our services. We also strive to create the most convenient and easy-to-use solution that will help new users to get used to the world of crypto finance easily, without experience difficulties while working with them.

It sounds like the team is building something unique and special. Can you introduce the core team members of TBCC? We hear the team is highly experienced, can we get some examples?

Yes, Jun, that's right. Our team consists of highly qualified specialists with extensive experience in the blockchain field. Each of them is unique, but I would especially like to highlight two of them. First is our CEO and founder Anatoly Aleksandrovsky. Anatoly began his acquaintance with the blockchain with investing in Bitcoin in 2015, and in 2016 he started working with the blockchain platform and studying information about it more detailed. In 2017, Anatoly co-founded the Atlas blockchain company. Later he participated in the development of several more projects in the crypto industry. Based on his rich experience and studying the needs of users, Anatoly founded our innovative project TBCC Labs. The second, no less experienced specialist, is our technical director Evgeniy Butyaev. Evgeniy is one of the leading blockchain innovators, experts and thought leaders. He is well known as ex-CTO of Credits. Evgeniy is the author of 3 patents in the field of blockchain technology. He is also an expert in artificial intelligence, deep learning, multi-neural networks, and machine learning.

Are there essential reference(s) to measure the success of a team?

Yes, of course! Our most important reference point is our achievements and new implemented projects. We always strive to improve - this applies both to our services, which I spoke about earlier, and to our team. We always welcome ideas from our employees. Our friendly team often arranges brainstorming sessions, where we collectively decide on the importance of making new decisions, discuss new tasks and directions in which we are moving. The opinion of each member of our team is important to us, because the success of the project directly depends on each of us.

What is your timeline, and what can we look forward to from TBCC?

We are currently working on the improvment of the TBCC Wallet in order to make it even more beneficial and user-friendly, as well as developing our own DAO project. It will be a truly innovative and grand event. We'll talk about it a little later in our telegram and social media communities.

A：

Thank you, Maria Bulanaeva, for taking the time to do this AMA with us today. It has been great learning more about TBCC and the team behind it!

Thank you Jun for this AMA! I was glad to share with you information about our wonderful project TBCC Labs!

About XT.COM

XT.COM is the world’s first social infused exchange. Users can chat in communities while knowing the market trend to invest in. In XT communities, users explore valuable coins together.

XT.COM is building towards garnering loyalty and bring new potential for the development of the entire blockchain industry. To achieve better development, it is necessary to break the tradition with a fresh model.

XT Exchange not only empowers the blockchain industry but leads the industry with its innovation.

[Daily Discussion] Tuesday, December 29, 2020

Thread topics include, but are not limited to:

General discussion related to the day's events
Technical analysis, trading ideas & strategies
Quick questions that do not warrant a separate post

Thread guidelines:

Be excellent to each other.
Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:

Get an invite to live chat on our Slack group
Set your flair to trade pretend money in the Flair Game
Weekly threads: Newbie Mondays and Fundamentals Fridays
Altcoins Discussion: Altcoin Discussion

[Altcoin Discussion] Tuesday, December 29, 2020

Thread topics include, but are not limited to:

Discussion related to recent events
Technical analysis, trading ideas & strategies
General questions about altcoins

Thread guidelines:

Be excellent to each other.
All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
No discussion about specific ICOs. Established coins only.

If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

Other ways to interact:

Get an invite to live chat on our Slack group and check out the #altcoins channel
Daily Discussion for bitcoin only: Daily Discussion
Prior Altcoin Discussion: Altcoin Discussion

How to accept Bitcoin on WordPress

Bitcoin is the most popular cryptocurrency platform far and wide, however there are a few things about it you actually may not know. How about we view some Bitcoin raw numbers to give you a more full image of this famous blockchain-based digital money. An individual or a gathering of individuals known as Satoshi Nakamoto In 2009. acquainted Bitcoin with the world. He (or they) disappeared off the Internet in late 2010, and he hasn't been gotten with since. Similarly as his character is covered in secret, no one truly knows whether he's even alive or dead. The lone correspondence individuals had with him was through messages and discussions. His Bitcoin wallet holds around 980,000 bitcoins, which makes him perhaps the most extravagant individual on the planet.

Losing your Bitcoin address, which is otherwise called your private key, not just methods losing your exceptional recognizable proof; it likewise implies losing all the bitcoins in your wallet. Exploration shows that in any event 60% of all Bitcoin addresses are apparitions, which implies an enormous lump of individuals utilizing Bitcoins have lost their addresses and have no real way to get to their wallets. Alongside the capacity to acknowledge installments from more clients, Bitcoin offers some other fascinating preferences.

https://preview.redd.it/0vy5pdakjz761.png?width=960&format=png&auto=webp&s=57816b68f2f2ae7d1217ad43162699309e7612ee

Although Bitcoin is unstable and unusual, it has figured out how to increment consistently as of late, a lot as per the general inclination of those claiming the coins. To state it just, Bitcoin turns into a reasonable installment strategy, and that is the reason an ever increasing number of individuals are investigating the likelihood to acknowledge Bitcoin on WordPress. More information about how to accepting bitcoins and cryptocurrencies, on your wordpress website you can find on this page: Bitcoin wordpress help . For example, you could sell a thing or request a gift of Bitcoin, just to money it out promptly or see the estimation of that installment increment over time.The fundamental motivation to acknowledge Bitcoin on WordPress, however, is a result of the adaptability of your coins. The same number of us know, WordPress allows clients to fabricate eCommerce destinations with a module like WooCommerce. WooCommerce associates with numerous installment entryways like Stripe, PayPal, and Payoneer. BItcoin woocommerce plugin supports all bitcoin wallets, that support the payment protocol and it allows you to accept bitcoin . Bitcoin is advanced and decentralized. Along these lines, you don't host to depend on a third-gathering bank, yet the exchanges are secure and to some degree unknown by utilizing a record called a blockchain.Bitcoin installments are irreversible, and each exchange accompanies an incredibly troublesome hexadecimal code. Along these lines, there are less odds of hacking and fraud.Most Bitcoin exchanges have lower expenses than when working with banks.If somebody makes a Bitcoin installment on your site, all assets are quickly accessible to you.Your clients (and data sets) are safer since no close to home or monetary data is put away. All coins are connected to individuals, however there's very little more.

NEW PayDepot - Bitcoin (BTC) ATM at Hillsboro Food Mart BP Gas - North Carolina

NEW Pay Depot - Bitcoin (BTC) ATM at Hillsboro Food Mart BP Gas - North Carolina

Check out Hillsboro Food Mart BP Gas - NC to get the lowest possible transaction fees when you buy or sell your cryptocurrency with Pay Depot.

Bitcoin ATMs at Hillsboro Food Mart BP Gas - NC LOCATIONS:

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Price = Current market price

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I am serious about developing a meaningful friendship

Family has been rough this year and is always dysfunctional, mum fought cancer this year and is a healthcare worker with poor health all around so it is scary with the virus as well, dad isn't in the picture any more, younger sister is struggling socially at school. One of my childhood dogs had to get put down this year. Brother is violent, involved in drug dealing and a danger to the family (police had to be called on Christmas night to remove him from the house, and he almost got violent with me).

In 2018 I spent a year trying to kill myself by alcoholism (Nicolas Cage's role in Leaving Las Vegas is an accurate representation), I didn't exactly do it to just to cope, I also wanted to suffer slowly and die. I still haven't told anyone why, I live with that alone as I haven't found someone to trust. In 2019 I got really sick from that, I was dying, was in physical agony and mental torment, went through several failed detoxes until I went to rehab in Dec '19.

Despite no support system, alone, during a global pandemic, living with trauma every day, reliving traumatic events, this general but unavoidable feeling that I don't matter or I don't deserve to be cared about; I've still stayed sober for a year, lost 75 pounds, radically changed my thinking/thought-processes, started college for Psychology (considering becoming a clinical psychologist) and making friends (I hope) and started helping others with their mental health.

I can do a lot on my own, I've proved that but I need a support system of some kind because the truth is...I still see myself as just as mentally troubled as 2018/19 and people haven't wanted to be there for me for some reason. Why? Am I not a bit of a success story, do I not have a good nature to myself, am I not worth anything to anyone? I want to help people, I do try to and I want to do so much more. If I got just a fraction of what I gave out and offered in terms of empathy, time, attentiveness, company, help, problem-solving and kindness...I would be on my knees grateful. That would be life-changing for me and I would feel compelled to return the same to others.

Agh that was a heavy 4 paragraph for me to write out, yikes. The emotions. So uh a bit about me, I am 25M from Scotland, accent is a bit more British/English sounding though (Some even say a bit of an American influence). Name's Andy. Very much grew up on the Internet, YouTube in particular. Analytical, thoughtful with my thoughts, try to be good for people. Listen to a lot of podcasts/audiobooks (self-learning stuff). Avid runner (50 miles a week). Gamer. I work as a bitcoin trader and that has done me well for 5+ years but I have always wanted to work in entertainment and recently a career in psychology has become of interest.

All that I am looking for is a platonic friendship but meaningful. I'm looking for people who after reading this think something like "this person needs caring people in his life and I am willing to be one of them". That's a great first for me, If you wholeheartedly feel that way then I would love to get to know you. :)

NEW PayDepot - Litcoin (LTC) ATM at Hillsboro Food Mart BP Gas - North Carolina

NEW Pay Depot - Litcoin (LTC) ATM at Hillsboro Food Mart BP Gas - North Carolina

Check out Hillsboro Food Mart BP Gas - NC to get the lowest possible transaction fees when you buy or sell your cryptocurrency with Pay Depot.

Bitcoin ATMs at Hillsboro Food Mart BP Gas - NC LOCATIONS:

114 NC-86, Hillsborough, NC, 27278

Google Map Link: https://www.google.com/maps/d/edit?mid=1UXDBtl6NRe-T2cPb8Vh1r4gXFjxbIKVn&usp=sharing

https://i.redd.it/qp8okzezoz761.gif

For Support, You can Email us at [Support@paydepot.com](mailto:Support@paydepot.com)

Price = Current market price

Limit = $800/$3000 Daily

ID: Required for Purchases over $800

-------------------------------------------------------------

To Get the Latest Location and Promotional Event News
https://paydepot.com/map

How To Buy a Cryptocurrency?

Cryptocurrencies have been in circulation for almost a decade and are causing uncertainty among investors and customers. Since success stories of attractive returns can be heard over and over again, the interest of the ordinary investor is nevertheless daring. As with many forms of investment, it is also stated that if you act rashly, you may have to pay dearly for your interest in the digital currency.

Cryptocurrency guide for beginners

Cryptocurrency Beginner Guide

How to buy cryptocurrency in the USA?

Unlike dollars, cryptocurrencies are less of monetary value in the true sense of the word. Instead, file packages and keys are traded within a network in which all participants accept the value of the currency. Due to the growing interest when purchasing in comparison to other currencies, there is a fluctuation in value, as is known from cryptocurrency USA.

Kickback Codes for the USA

Discount codes, you can use these codes on Binance.

Binance 5% Kickback code: QY9SI8G1

Binance 10% Kickback code: YAVZY1FZ

Binance 15% Kickback code: IB3V6EOK

Binance 20% Kickback code: E68Q3TPC

Investing in Bitcoin, Litecoin, Ethereum, Bancor, and the best cryptocurrencies should be well planned. Bitcoins, probably the most well-known currency of its kind, are not always equally suitable for all investors. Instead, these and similar currencies are more interesting for speculation and the hope of attractive rates. In contrast, there are other cryptocurrencies that were deliberately developed with banks and other institutions. The focus here is more on security and acceptance as a fully-fledged means of payment, as more and more shops worldwide are showing. So think about whether you are looking for a safe investment, because of the development of the economy or whether you are more interested in a riskier investment. Depending on the possibilities, each cryptocurrency is more or less suitable.

As with insurance or stocks, the right investment is something individual. Unless you want to start your entry into the world of cryptocurrency USA too speculatively, the best step is to inform yourself without obligation before approaching the first broker.

We give you an overview of the different types of well-known cryptocurrencies, as well as different wallets. Even if personal information remains unclear here, our service is available to you with further details on the website. Slowly but surely, trust in cryptocurrencies is emerging, which may represent the contemporary form of investment for you.

You need a lot of patience in the crypto world. A blockchain sometimes takes time to develop. Due to many regulations and laws that are still unclear, deadlines can shift in the crypto market. Watch how your cryptocurrencies and their developers are doing with announcements. We recommend using social media for the latest news. Simply search for your coin in our rate table and find the right channel. If you're emotionally attached to a coin, you may not be able to let go when the signs of a decrease speak. Emotions in the event of losses and gains are also negligible. Don't be too happy if a coin rises by 200%, because the next day it can fall again by 80 %. As long as you don't sell them, you have written neither profits nor losses. If you want to invest in this market, you have to be aware that the entire market can crash at any time. Do not put all of your assets in cryptocurrencies, just what you are willing to lose or can do without for a longer period of time

How To Buy A Cryptocurrency?

As already mentioned, there is our provider who offers cryptos for sale. Personally, we use a secure platform, which is regulated by supervisory authorities and has deposited. Especially for beginners, it can sometimes be confusing how to buy cryptocurrencies. Therefore we have put together a short summary of the necessary steps.

You can conveniently buy cryptocurrencies with a credit card and instant transfer. The deposit is immediately available so that investors can buy cryptocurrencies immediately. In the past, this was actually the case, as you could only use a CFD. In the meantime, people buy cryptocurrencies and are also in physical possession. You can transfer the purchased coins to the account wallet at any time and then store them securely in your wallet.

After your registration, you can either verify yourself under the settings or buy your preferred cryptocurrency. In order to buy a cryptocurrency, we provide you with a number of options. You can buy cryptocurrencies with credit cards or rapid transfer for example. In order to deposit money now, you have to click on the highlighted deposit money button. This will open a new window in which you can enter the amount and select the payment method. Then just click on the send button and you will be redirected to the payment service to confirm your transaction. In the case of the IBAN and the purpose that you have to specify in your transfer will be displayed.

The money is now available on the platform. As already mentioned, we offer all cryptocurrencies that are presented for sale. But here again a brief overview: If you have decided on a crypto coin, then enter it in the search bar and select it. All you have to do now is click on the trade button so that the following window opens. All you have to do is enter the amount for which you want to buy your preferred cryptocurrency and click the open trade button.

If you have physically purchased cryptocurrencies, storage is important. It means that even if you buy cryptocurrencies on an exchange, you do not own them, as they are owned by the exchange. Since many buy coins and leave them on the platform, it is all the more important to use it with a deposit. The safest option is of course to store the purchased coins on your hardware wallet. We offer our own wallet, with which you can transfer your purchased coins to the wallet and then transfer them to a secure one. We recommend beginners to use the pure purchase option. However, if you want to get into trading, use the demo trade to get a feel for the market. In addition to the pure purchase of cryptocurrency USA & Binance, you also have the option to trade other cryptocurrencies with levers.

Buy Crypto

In the ongoing phase of low interest rates, many investors are looking for investment opportunities. However, trading in cryptocurrencies is not an obvious choice for many. For some, the topic is simply too abstract: Bitcoin or Ethereum can neither be picked up nor put in the safe. They only exist virtually. But there are important advantages in favor of it:

The market for trading cryptocurrencies has grown up. The market shakeout in recent years has left stronger, more serious, and more interesting players behind. Trading cryptocurrencies means facing great volatility. But this is precisely what makes trading cryptocurrencies interesting for certain tradings, such as CFDs. However, trading in cryptocurrencies will establish itself in the long term or whether it will remain a trend is still a question of faith. In any case, crypto trading offers itself as part of diversification for investors.

The purchase of cryptocurrencies, with which one acquires the asset money, is in many ways similar to trading, which requires a certain level of knowledge and experience. In crypto trading, you buy a derived asset derivative which allows greater flexibility. When you buy a crypto coin, you enter a long position. Profits are only possible if the price of the currency rises. Both long and short positions are possible in crypto trading. Profits can also be made with falling prices.

When buying a crypto coin, there is always the risk of loss. The reason is that there is no authority - such as a bank that intervenes to support a price decline. The value of a cryptocurrency is based solely on supply and demand and can therefore fall into the abyss at any time. So only invest if, in extreme cases, you can cope with the loss of the capital invested. If you decide to invest, whether to buy a cryptocurrency or trading, in any case, in view of the volatility, always stay on the ball: watch the markets and react quickly if necessary. You should also prepare your own set of rules for trading cryptocurrencies. In any case, this includes appropriate risks. In the following, we will go into more detail on these points that an investor who wants to buy cryptocurrencies should be aware of:

-Choose the right cryptocurrency. Build a stringent trading strategy. Use our trading software that is up to the specific requirements of crypto buying.

-Choose our reputable platform that is experienced in the relatively new environment of cryptocurrencies.

Other differences relate to the blockchain behind the cryptocurrency, the intended area of application. So not all cryptocurrencies are created equal. And it's worth taking a closer look at the candidates. Every trader needs to find the right move for his or her situation. If you trade in cryptocurrencies, there are also a few features of this market to consider. If you think a trend will continue for a while or if it is too difficult to predict a change in price, trend following can be a risk averting method. This strategy works when the market is going up or down and the top or bottom of a market is not in sight.

Best regards

Elon Musk says Mars economy will run on cryptocurrency

https://www.independent.co.uk/life-style/gadgets-and-tech/elon-musk-mars-cryptocurrency-marscoin-b1779456.html?utm_source=reddit.com

SpaceX CEO Elon Musk has said any future economy on Mars could be cryptocurrency based.

The tech billionaire, who is one of the co-founders of online payments giant PayPal, hopes to send the first humans to Mars as early 2024, with the ultimate aim of setting up a “self-sustaining city on Mars as soon as possible".

Responding to a Twitter thread started by AI researcher Lex Fridman, Mr Musk agreed a “Mars economy will run on crypto”, suggesting it could be with the novelty cryptocurrency dogecoin or the fringe cryptocurrency Marscoin.

The Marscoin project was founded in 2014 and saw a brief surge in popularity during the cryptocurrency market bull run in late 2017 but has since drifted into obscurity. The altcoin currently has a market cap of less than $100,000, according to CoinMarketCap.

Dogecoin could be a more likely candidate, given it continues to be relatively popular and shares many of the same decentralised attributes as bitcoin.

Last week, the price of dogecoin surged by more than a third after Mr Musk changed his Twitter bio to “Former CEO of Dogecoin” and tweeted: “One word: Doge.”

The SpaceX founder has frequently spoken of his ambition to travel to Mars in his lifetime and earlier this year ordered employees to accelerate the development of the next-generation Starship rocket.

The Independent would like to keep you informed about offers, events and updates by email, please tick the box if you would like to be contacted Read our full mailing list consent terms here

A 12.5km flight test of a Starship prototype took place earlier this month, with plans to build a 1,000-strong fleet of the spacecraft – each one capable of carrying up to 100 people.

SpaceX provoked controversy in October after stating that it would not recognise international law on Mars, instead adhering to a set of “self-governing principles”.

According to the Terms of Service of SpaceX’s Starlink internet project, any future settlements on the Red Planet would “recognise Mars as a free planet”, adding that “no Earth-based government has authority or sovereignty over Martian activities.”

The terms stated: “Disputes will be settled through self-governing principles, established in good faith, at the time of Martian settlement.”

It is not yet clear what these principles might be, though Mr Musk has previously hinted that his preference for a Martian government would be one based on direct democracy.

“It would be people voting directly on issues,” he said in a 2016 interview. “The potential for corruption is substantially diminished in a direct versus a representative democracy.”

SpaceX did not respond to a request for comment from The Independent but lawyers have noted that any Mars constitution would still be subject to the 1957 Outer Space Treaty, which states that “outer space, including the Moon and other celestial bodies, is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means.”

Randy Segal, from the law firm Hogan Lovells, recently told The Independent: “The whole of space law contemplates that those of us on this planet share the rights and responsibility to make space something we can all share together."

My thoughts:

Do you think this is just continued Bitcoin (et al) crypto hype, or something more substantial? I mean I know Elon has always trollled/flirted a bit with crypto and dogecoin on his twitter but could this be something more, or just another troll?

Additionally, do you think theres a chance this hints towards Elon moving some of his companies treasuries into bitcoin? I'm thinking in regards to he and Saylor talking about it on twitter, in addition to this current increase in crypto talk. What kind of effect on Teslas stock would you think such a move would have?

It would effectively mean that the SPX would thereafter have crypto exposure through tesla.

I am serious about developing a meaningful friendship

25 [M4R] Scottish, I am serious about developing a meaningful friendship

I am serious about developing a meaningful friendship

Dec 21-28 Good Crypto Weekly Market Summary

Quick weekly news:

TEMPORARY REGIME: The U.K.’s top financial watchdog has extended an imminent deadline for registering a crypto business to mid-2021.
DIGITAL COLLECTIBLES: FC Barcelona defender Gerard Piqué invested $4.3 million in the non-fungible token (NFT) site Sorare.
MAJOR M&A: Japanese financial firm SBI Holdings buys European crypto market maker B2C2.

Other notable events include:

- FinCEN is hiring two officials to help draft regulations related to the “threats” posed by the cryptocurrency space as well as advise financial institutions and collaborate across government and private sectors on crypto policy.

- Coinbase filed preliminary paperwork to go public, beginning the long road to what can become the first Bitcoin company trading on the U.S. stock exchanges.

Crypto experts

FinCEN is hiring two officials to help draft regulations related to the “threats” posed by the cryptocurrency space, advise financial institutions and collaborate across government and private sectors on crypto policy. Earlier this month, rumors had it that Secretary of the Treasury Steven Mnuchin would rush out self-hosted wallet regulations that might harm the crypto industry. The Block reported the regulations may require crypto companies to file a “currency transaction report” on crypto transactions over $10,000 sent and received through a self-hosted crypto wallet.

Coinbase IPO

Coinbase filed preliminary paperwork to go public, beginning the long road to what can become the first major Bitcoin company trading on the U.S. stock exchanges. This summer, rumors had it that the firm, last valued at $8 billion, would pursue a “direct listing” rather than the bank-heavy traditional route of an initial public offering – though Thursday’s “confidential” filing offers few clues. Messari estimates the firm could fetch $28 billion on the open market.

Also, be sure to check out top altcoin gainers and losers of the week:

https://preview.redd.it/n37uxlenzx761.jpg?width=1200&format=pjpg&auto=webp&s=f511c9dd3cd4388bea9ad40a0e1185a9f94bb74b

Bitcoin at $28,000 and Coinbase IPO. Weekly highlights

https://preview.redd.it/40n2nvfqix761.jpg?width=1280&format=pjpg&auto=webp&s=aa5ded471970dbb230c564aba9ec56707ed408da

The end of December pleased us with the rise in bitcoin price, news on XRP and reports of the upcoming Coinbase IPO. The latest news and market events are in this article!

BTC is $28,000

The price of bitcoin renewed its all-time high and surpassed $28,000 on the last Sunday of December. As a result of the explosive growth of BTC quotations, its market capitalization reached half a trillion U.S. dollars. Bitcoin has already surpassed VISA and is approaching the Berkshire Hathaway Corporation, which is owned by famous investor Warren Buffett.

According to Cointelegraph's calculations, if the current trend of growth in the value of BTC continues, its price may reach $100,000 at the end of the next year. At the same time, the bear cycle in the bitcoin market is more stable than three years ago. This is primarily due to a reduction in the supply of BTC, the weakness of the dollar, rising inflation and unprecedented demand for bitcoin from institutional investors.

Investors purchase BTC

Last week, for example, Grayscale Investments, the world's largest cryptocurrency investment fund, bought 1,319 new coins. In one month alone, this fund bought almost 44% (28,000) of the coins mined by miners.

In an interview with Cointelegraph, Ricardo Salinas Pliego, Mexico's second richest man and head of the Grupo Salinas conglomerate, said his 2013 bitcoin purchase was his "best investment. After buying BTC for $200, he sold it in 2017 for $17,000 and bought the coin again some time later at a lower price.

Bitcoin was also praised by Francis Suarez, mayor of Miami, who tweeted that BTC was a "stable investment" amid "an extremely volatile year."

According to management company CoinShares, the total amount invested in bitcoin reached $15.6 billion this year and $792.1 million in the past week. The inflows of investment funds into ethereum were almost $2.5 billion in 2020 and $207.3 million in the past week.

The Grayscale investment fund was able to attract significant funds - almost $251 million. Over the year, the inflow of funds from investors in Grayscale Investments reached $5 billion. The amount of assets under management of the fund exceeded $15 billion.

Ripple in trouble

A record-breaking demand for BTC at the beginning of the week was accompanied by a decline in the Ripple cryptocurrency (XRP), which is the third-largest market capitalization after BTC and Ethereum.

According to The Verge, the fall in the price of Ripple was due to the fact that the SEC (U.S. Securities and Exchange Commission) sued the founders of Ripple for raising more than $1.3 billion by selling the cryptocurrency XRP. The SEC said the company's founders, Christian Larsen and Bradley Garlinghouse, considered XRP a security rather than a currency, and claimed that they had violated securities laws by selling the cryptocurrency over the past seven years.

At the same time, according to the portal, the SEC considers BTC and Ethereum as currencies. U.S. Justice Department experts recognized Ripple as a currency even five years ago, during another trial. The only difference between Bitcoin and Ethereum and XRP is that the first two coins are added through mining. Ripple, on the other hand, was originally issued in the amount of almost 100 billion coins. Just five days later, on the last Sunday of December, XRP quotes suddenly and surprisingly for traders, soared by 40%.

Coinbase IPO

Simultaneously with the Bitcoin rally, Coinbase, one of the world's most prominent cryptocurrency platforms, announced that it had filed for an IPO with the SEC. Coinbase was created in 2012. The number of users of the platform from 100 countries has exceeded 35 million people. If the application is approved by the U.S. Commission, Coinbase will become the first U.S. cryptocurrency exchange to list its shares on stock exchanges around the world.

A great poem from coindesk on Crypto

A Cryptomas Rhyme

‘Twas the day after Christmas. Instead of some rest

I decided to review how we had progressed.

In January, headlines screamed military tension.

Bitcoin as “safe haven” attracted attention.

The ructions in March did much to dispel

The “safe haven” myth as all prices fell.

“Black Thursday” also highlighted the danger

Of too much leverage. But things would get stranger.

We all soon grew aware of the threat of a new

Type of virus that spread. It was not “just the flu.”

As April drew round, we saw a new correlation

Between bitcoin and stocks, and a dip in inflation

As spending dried up. But the biggest shock

Was a negative oil price from way too much stock

And not enough storage. Uncertainty spread

As markets digested the changes ahead.

The official response to the looming crash

In incomes and output was to print more “cash.”

The ballooning supply of fiat to spend

Was in sharp contrast to a cap that won’t bend.

And with perfect timing did the network remind

Us that every four years the new issue declined.

The halving in May during our big event

Highlighted supply rules we can’t circumvent.

In June prices held. Volatility dropped.

The spread of the virus could not be stopped.

Nor could the rise of the prices of stocks

That used tech to help people weather the shocks

Of a new way of working and seeing their friends,

In spite of the cuts in yields and dividends.

The summer saw two new trends gather speed:

Services to satisfy institutional need

For custody, platforms and products galore.

And decentralized finance had surprises in store:

A surge in the volume of trading on some

Of the platforms that had names that would become

Memes of their own. Sushi, pizza and YAMs –

While many delivered, it seems some were scams.

With part of the U.S. fighting fire after fire

As August dragged on, stock markets climbed higher.

In October, the bitcoin price started to rise

And a looming election pushed stress to new highs.

PayPal’s support for transacting in some

Crypto assets meant mainstream adoption could come.

More well-known investors came out in defense

Of a bitcoin stake held as a hedge – it made sense

In the face of the risk of growing inflation

And currency woes that could lead to stagnation.

In December, bitcoin’s correlation to gold

Has fallen almost to zero, as new narratives unfold

And the bitcoin price enters a new paradigm.

As I write this verse, it continues to climb

Toward new all-time highs. Now, I do not know

Where it goes from here, but the inflows do show

That institutional interest seems here to stay.

With so much going on, there is more I could say,

But this poem is already way too long, yet

I can’t leave without urging us not to forget

That the year has been hard for so many out there.

And although there is hope, we should still be aware

Of the need to be kind, and to take care

Of our health, and our loved ones. For always somewhere

There is someone whose day could be brightened with sharing

A bit of compassion, affection and caring.

With that, dear readers, I bid you good cheer!

Happy Holidays, and have a hopeful New Year.

This was a poem that coindesk wrote about this year

https://www.coindesk.com/year-in-crypto-holiday-poem-2020

Left link above:

I decided to review how we had progressed.

In January, headlines screamed military tension.

Bitcoin as “safe haven” attracted attention.

The ructions in March did much to dispel

The “safe haven” myth as all prices fell.

“Black Thursday” also highlighted the danger

Of too much leverage. But things would get stranger.

We all soon grew aware of the threat of a new

Type of virus that spread. It was not “just the flu.”

As April drew round, we saw a new correlation

Between bitcoin and stocks, and a dip in inflation

As spending dried up. But the biggest shock

Was a negative oil price from way too much stock

And not enough storage. Uncertainty spread

As markets digested the changes ahead.

The official response to the looming crash

In incomes and output was to print more “cash.”

The ballooning supply of fiat to spend

Was in sharp contrast to a cap that won’t bend.

And with perfect timing did the network remind

Us that every four years the new issue declined.

The halving in May during our big event

Highlighted supply rules we can’t circumvent.

In June prices held. Volatility dropped.

The spread of the virus could not be stopped.

Nor could the rise of the prices of stocks

That used tech to help people weather the shocks

Of a new way of working and seeing their friends,

In spite of the cuts in yields and dividends.

The summer saw two new trends gather speed:

Services to satisfy institutional need

For custody, platforms and products galore.

And decentralized finance had surprises in store:

A surge in the volume of trading on some

Of the platforms that had names that would become

Memes of their own. Sushi, pizza and YAMs –

While many delivered, it seems some were scams.

With part of the U.S. fighting fire after fire

As August dragged on, stock markets climbed higher.

In October, the bitcoin price started to rise

And a looming election pushed stress to new highs.

PayPal’s support for transacting in some

Crypto assets meant mainstream adoption could come.

More well-known investors came out in defense

Of a bitcoin stake held as a hedge – it made sense

In the face of the risk of growing inflation

And currency woes that could lead to stagnation.

In December, bitcoin’s correlation to gold

Has fallen almost to zero, as new narratives unfold

And the bitcoin price enters a new paradigm.

As I write this verse, it continues to climb

Toward new all-time highs. Now, I do not know

Where it goes from here, but the inflows do show

That institutional interest seems here to stay.

With so much going on, there is more I could say,

But this poem is already way too long, yet

I can’t leave without urging us not to forget

That the year has been hard for so many out there.

And although there is hope, we should still be aware

Of the need to be kind, and to take care

Of our health, and our loved ones. For always somewhere

There is someone whose day could be brightened with sharing

A bit of compassion, affection and caring.

With that, dear readers, I bid you good cheer!

Happy Holidays, and have a hopeful New Year.

Senator-elect aims to teach Congress about Bitcoin, what could we expect from such a move?

An incoming Senator believes bitcoin is a better store of value than paper money and plans to teach Congress how to use it to reduce the national debt.
Senator-elect Cynthia Lummis told the What Bitcoin Did podcast that bitcoin is a better store of value than paper money and she plans to teach Congress how to use it to reduce the national debt when she assumes office in January. The senator, reportedly said, "If we reach the point where we have overspent so much that things start crashing down, the black swan event occurs with any regard to any fiat currency...there is a backstop available to every government in the world and that backstop is bitcoin," Lummis said.
The senator-elect also said that bitcoin is a better store of value than paper money because the cryptocurrency's supply is finite. Bitcoin is indeed the currency of the 21st century, gone is the era of plastic money which has several flaws (e.g. being centralized and traceable). The Blockchain has several innovative dapps like online decentralized casino, EarnBet which seeks to overthrow traditional casinos, Chain-link which has untamperable oracle services, and best of all, Ethereum which allows developers to create an app using its technology. Recently, even Coca-Cola expressed an interest in using its mainnet, showing its untapped potential and massive application.
Lastly, bitcoin is inflation-proof and there is a direct correlation between an economy's inflation and the use of cryptocurrencies. For example, a decent population of Venezuela uses cryptocurrencies as they have finally realized how 'redundant' fiat is and inflation can distort is function of acting as money, i.e. serving as a store of value. The pump is only getting started! Source: https://markets.businessinsider.com/currencies/news/senator-elect-cynthia-lummis-bitcoin-store-value-paper-money-congress-debt-2020-12-1029894839