{"id":406509,"date":"2019-12-07T19:35:37","date_gmt":"2019-12-07T19:35:37","guid":{"rendered":"https:\/\/ktsl888.com\/?p=406509"},"modified":"2024-06-11T13:34:56","modified_gmt":"2024-06-11T13:34:56","slug":"crypto-tidbits-deutsche-bank-gives-nod-to-bitcoin-eos-to-host-social-media-france-digital-currency","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/crypto-tidbits-deutsche-bank-gives-nod-to-bitcoin-eos-to-host-social-media-france-digital-currency\/","title":{"rendered":"Crypto Tidbits: Deutsche Bank Gives Nod to Bitcoin, EOS to Host Social Media, France Digital Currency"},"content":{"rendered":"<p>Another week, another round of\u00a0<a href=\"https:\/\/ktsl888.com\/?s=Crypto+Tidbits&amp;lang=en\" data-wpel-link=\"internal\">Crypto Tidbits<\/a>. <a href=\"https:\/\/ktsl888.com\/category\/crypto\/bitcoin\/\">Bitcoin<\/a> saw an effectively flat week, gaining 0.08% over the past seven days according to Coin360.com. Altcoins have posted similar results, or rather, a lack of results, with a majority of cryptocurrencies posting gains or losses of a percent or two.<\/p>\n<p>Analysts from Bloomberg and other top industry firms are starting to <a href=\"https:\/\/ktsl888.com\/2019\/12\/05\/why-bloomberg-analysts-bitcoin-rally-10000-shortly\/\">lean bullish on Bitcoin though<\/a>, citing adoption rates, consistent on-chain metric growth, and a strong macro backdrop for alternative assets and investments.<\/p>\n<p>Despite the market lull seen over the past week, which analysts say will be preceding a large breakout in some direction, the industry has continued to chug along.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-401844 aligncenter\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_704186782-e98.jpg?resize=998%2C666\" alt=\"\" width=\"998\" height=\"666\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_704186782-e98.jpg?w=3000 3000w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_704186782-e98.jpg?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_704186782-e98.jpg?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_704186782-e98.jpg?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_704186782-e98.jpg?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_704186782-e98.jpg?w=2048 2048w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_704186782-e98.jpg?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_704186782-e98.jpg?w=1140 1140w\" sizes=\"(max-width: 998px) 100vw, 998px\"><\/p>\n<h6 style=\"text-align: center\">Related Reading: <a href=\"https:\/\/ktsl888.com\/2019\/11\/30\/crypto-tidbits-bakkt-bitcoin-upbit-hack-ethereum-us-arrests\/\">Crypto Tidbits: Bakkt\u2019s Bitcoin Futures Surge, UpBit Hacked for $50 Million in Ethereum, US Arrests Blockchain Researcher<\/a><\/h6>\n<h2>Bitcoin &amp; Crypto Tidbits<\/h2>\n<ul>\n<li><strong>Deutsche Bank Lauds Bitcoin in &#8220;Imagine 2030&#8221; Report:<\/strong> Just this week Deutsche Bank, the 17th-largest bank by assets in the world, gave a nod to the cryptocurrency in its \u201cImagine 2030\u201d report. Deutsche Bank strategist Jim Reid, who wrote a portion of the firm\u2019s aforementioned report on 24 ideas for the next decade, remarked Bitcoin and other cryptocurrencies could see some strength heading into the next decade. Reid, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-12-05\/deutsche-bank-gives-crypto-enthusiasts-some-hope-to-hang-on\" rel=\"nofollow\">a Bloomberg article<\/a> on the Deutsche Bank report, specifically looked to potential risk factors in the \u201ccurrent fiat system,\u201d which he called \u201cfragile\u201d before adding that the \u201ccould unravel in the 2020s.\u201d Reid claimed that if this takes place, there will be a \u201cbacklash against fiat money and demand for alternative currencies, such as gold or crypto could soar.\u201d<\/li>\n<li><strong>EOS to Soon Have Beta Social Media Platform Voice<\/strong>: Earlier this year, Block.one, an international blockchain development firm behind the EOS ICO, unveiled Voice, a social media project slated to be based on their flagship blockchain. According to a recent blog post, the beta launch date of the platform will be Valentine&#8217;s Day in 2020, February 14.<\/li>\n<li><strong><a href=\"https:\/\/ktsl888.com\/2019\/12\/04\/france-announces-digital-currency-venture-crypto-bulls-roar\/\">France to Pilot Digital Currency Ventures<\/a>: <\/strong>AFP News Agency reported via Twitter that the Bank of France\u2019s governor, Francois Villeroy de Galhau, said in a recent statement that his organization will start running \u201cexperiments\u201d rapidly on digital assets and will \u201claunch a call for projects\u201d before the end of the first quarter of 2020 \u2014 literally just three or four months away. Galhau made this comment at ACPR, a French regulatory agency for banks and insurance based in Paris.<\/li>\n<li><strong>US SEC Approves Bitcoin Futures Fund:\u00a0<\/strong>Quietly, the U.S. SEC revealed that week that it has approved the NYDIG Bitcoin Strategy Fund, which will invest in BTC futures and give its clients exposure to the leading cryptocurrency that way. Analysts say that this paves the way for a spot market-based Bitcoin ETF.<\/li>\n<li><strong>Bitfinex Implements Bitcoin Lightning:\u00a0<\/strong>Earlier this week, cryptocurrency exchange giant Bitfinex launched support for the Lightning Network. As the exchange <a href=\"https:\/\/www.bitfinex.com\/posts\/440\" rel=\"nofollow\">described<\/a>, the &#8221;\u00a0Lightning Network is a decentralized system of smart contracts built as a second-layer of the Bitcoin blockchain, enabling custodian-free instant, high-volume micropayments across a network of participants.&#8221;<\/li>\n<li><a href=\"https:\/\/ktsl888.com\/2019\/12\/07\/ethereum-istanbul-blockchain-upgrade-one-day-whats-new\/\"><strong>Ethereum Istanbul Soon to Launch:<\/strong><\/a> A few hours after this article is published, Ethereum will see what is known as the \u201cIstanbul\u201d hard fork or blockchain update. This upgrade will implement six Ethereum Improvement Proposals (EIPs), which were chosen from a pool of more than 30 candidates. Some EIPs will allow for cross-compatibility with ZCash; others will reduce vectors of spam attacks on Ethereum.<\/li>\n<li><strong>Executive Defends Tether, Says USDT Wasn&#8217;t Used to Manipulate Bitcoin: <\/strong>Dan Matuszewski, former head of Circle\u2019s over-the-counter trading desk, recently made one of his first public appearances on an episode of \u201cOn The Brink\u201d podcast by Castle Island Ventures to talk the \u201cTether manipulated Bitcoin\u201d narrative, specifically in regards to the inaccuracy of it. He Tether is categorically not responsible for propping up Bitcoin\u2019s price in 2017. Matuszewski doubled down on this, further asserting later in the podcast that he saw that \u201cbillions of dollars were sent in, like to make Tether, I can 100%, without question verifiably guarantee that happened.<\/li>\n<\/ul>\n<pre>Featured Image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Another week, another round of\u00a0Crypto Tidbits. Bitcoin saw an effectively flat week, gaining 0.08% over the past seven days according to Coin360.com. Altcoins have posted similar results, or rather, a lack of results, with a majority of cryptocurrencies posting gains or losses of a percent or two. Analysts from Bloomberg and other top industry firms are starting to lean bullish on Bitcoin though, citing adoption rates, consistent on-chain metric growth, and a strong macro backdrop for alternative assets and investments. Despite the market lull seen over the past week, which analysts say will be preceding a large breakout in some direction, the industry has continued to chug along. Related Reading: Crypto Tidbits: Bakkt\u2019s Bitcoin Futures Surge, UpBit Hacked for $50 Million in Ethereum, US Arrests Blockchain Researcher Bitcoin &amp; Crypto Tidbits Deutsche Bank Lauds Bitcoin in &#8220;Imagine 2030&#8221; Report: Just this week Deutsche Bank, the 17th-largest bank by assets in the world, gave a nod to the cryptocurrency in its \u201cImagine 2030\u201d report. Deutsche Bank strategist Jim Reid, who wrote a portion of the firm\u2019s aforementioned report on 24 ideas for the next decade, remarked Bitcoin and other cryptocurrencies could see some strength heading into the next decade. Reid, according to a Bloomberg article on the Deutsche Bank report, specifically looked to potential risk factors in the \u201ccurrent fiat system,\u201d which he called \u201cfragile\u201d before adding that the \u201ccould unravel in the 2020s.\u201d Reid claimed that if this takes place, there will be a \u201cbacklash against fiat money and demand for alternative currencies, such as gold or crypto could soar.\u201d EOS to Soon Have Beta Social Media Platform Voice: Earlier this year, Block.one, an international blockchain development firm behind the EOS ICO, unveiled Voice, a social media project slated to be based on their flagship blockchain. According to a recent blog post, the beta launch date of the platform will be Valentine&#8217;s Day in 2020, February 14. France to Pilot Digital Currency Ventures: AFP News Agency reported via Twitter that the Bank of France\u2019s governor, Francois Villeroy de Galhau, said in a recent statement that his organization will start running \u201cexperiments\u201d rapidly on digital assets and will \u201claunch a call for projects\u201d before the end of the first quarter of 2020 \u2014 literally just three or four months away. Galhau made this comment at ACPR, a French regulatory agency for banks and insurance based in Paris. US SEC Approves Bitcoin Futures Fund:\u00a0Quietly, the U.S. SEC revealed that week that it has approved the NYDIG Bitcoin Strategy Fund, which will invest in BTC futures and give its clients exposure to the leading cryptocurrency that way. Analysts say that this paves the way for a spot market-based Bitcoin ETF. Bitfinex Implements Bitcoin Lightning:\u00a0Earlier this week, cryptocurrency exchange giant Bitfinex launched support for the Lightning Network. As the exchange described, the &#8221;\u00a0Lightning Network is a decentralized system of smart contracts built as a second-layer of the Bitcoin blockchain, enabling custodian-free instant, high-volume micropayments across a network of participants.&#8221; Ethereum Istanbul Soon to Launch: A few hours after this article is published, Ethereum will see what is known as the \u201cIstanbul\u201d hard fork or blockchain update. This upgrade will implement six Ethereum Improvement Proposals (EIPs), which were chosen from a pool of more than 30 candidates. Some EIPs will allow for cross-compatibility with ZCash; others will reduce vectors of spam attacks on Ethereum. Executive Defends Tether, Says USDT Wasn&#8217;t Used to Manipulate Bitcoin: Dan Matuszewski, former head of Circle\u2019s over-the-counter trading desk, recently made one of his first public appearances on an episode of \u201cOn The Brink\u201d podcast by Castle Island Ventures to talk the \u201cTether manipulated Bitcoin\u201d narrative, specifically in regards to the inaccuracy of it. He Tether is categorically not responsible for propping up Bitcoin\u2019s price in 2017. Matuszewski doubled down on this, further asserting later in the podcast that he saw that \u201cbillions of dollars were sent in, like to make Tether, I can 100%, without question verifiably guarantee that happened. Featured Image from Shutterstock<\/p>\n","protected":false},"author":497,"featured_media":378280,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[428,6664,19067,2887],"class_list":["post-406509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-bitcoin","tag-crypto","tag-crypto-tidbits","tag-market"],"acf":[],"yoast_head":"\n<title>Crypto Tidbits: Deutsche Bank Gives Nod to Bitcoin, EOS to Host Social Media, France Digital Currency<\/title>\n<meta name=\"description\" content=\"Another week, another round of\u00a0Crypto Tidbits. 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Bitcoin saw an effectively flat week, gaining 0.08% over the past seven days according to Coin360.com.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/crypto-tidbits-deutsche-bank-gives-nod-to-bitcoin-eos-to-host-social-media-france-digital-currency\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-07T19:35:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:34:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/shutterstock_1035844360-e27.jpg?fit=3000%2C2040\" \/>\n\t<meta property=\"og:image:width\" content=\"3000\" \/>\n\t<meta property=\"og:image:height\" content=\"2040\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nick Chong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Chong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/crypto-tidbits-deutsche-bank-gives-nod-to-bitcoin-eos-to-host-social-media-france-digital-currency\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/crypto-tidbits-deutsche-bank-gives-nod-to-bitcoin-eos-to-host-social-media-france-digital-currency\/\"},\"author\":{\"name\":\"Nick Chong\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\"},\"headline\":\"Crypto Tidbits: Deutsche Bank Gives Nod to Bitcoin, EOS to Host Social Media, France Digital Currency\",\"datePublished\":\"2019-12-07T19:35:37+00:00\",\"dateModified\":\"2024-06-11T13:34:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/crypto-tidbits-deutsche-bank-gives-nod-to-bitcoin-eos-to-host-social-media-france-digital-currency\/\"},\"wordCount\":677,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/crypto-tidbits-deutsche-bank-gives-nod-to-bitcoin-eos-to-host-social-media-france-digital-currency\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/shutterstock_1035844360-e27.jpg?fit=3000%2C2040\",\"keywords\":[\"bitcoin\",\"crypto\",\"Crypto Tidbits\",\"market\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ktsl888.com\/news\/crypto-tidbits-deutsche-bank-gives-nod-to-bitcoin-eos-to-host-social-media-france-digital-currency\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/crypto-tidbits-deutsche-bank-gives-nod-to-bitcoin-eos-to-host-social-media-france-digital-currency\/\",\"url\":\"https:\/\/ktsl888.com\/news\/crypto-tidbits-deutsche-bank-gives-nod-to-bitcoin-eos-to-host-social-media-france-digital-currency\/\",\"name\":\"Crypto Tidbits: Deutsche Bank Gives Nod to Bitcoin, EOS to Host Social Media, France Digital Currency\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/crypto-tidbits-deutsche-bank-gives-nod-to-bitcoin-eos-to-host-social-media-france-digital-currency\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/crypto-tidbits-deutsche-bank-gives-nod-to-bitcoin-eos-to-host-social-media-france-digital-currency\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/04\/shutterstock_1035844360-e27.jpg?fit=3000%2C2040\",\"datePublished\":\"2019-12-07T19:35:37+00:00\",\"dateModified\":\"2024-06-11T13:34:56+00:00\",\"description\":\"Another week, another round of\u00a0Crypto Tidbits. 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