Legendary venture capitalist investor Naval Ravikant recently took to The Tim Ferris Show, an extremely popular podcast about business and self-betterment. The angel investor, who has funded companies such as Twitter and Uber, proceeded to spend lots of time to discuss Bitcoin and cryptocurrencies.
More: https://cryptoslate.com/prominent-silicon-valley-investor-naval-doesnt-think-bitcoin-goes-to-3k-again/

The Bank of England Governor, Andrew Bailey, has long been a critic of Bitcoin and crypto, offering scathing remarks in the past regarding the inherent value of digital assets.

He has now doubled down on this criticism, noting that he is “very nervous” about people purchasing Bitcoin and trying to use it as a means of transaction due to its immense volatility.

Bailey also believes that the benchmark cryptocurrency lacks intrinsic value and that its massive market cap and value only stems from its “extrinsic value.”
More: https://cryptoslate.com/heres-why-the-bank-of-england-governor-is-very-nervous-about-bitcoin/

For the second day straight, Bitcoin is up while equities fall. Is this the beginning of a decoupling from traditional markets?

@SmartContracter picked up on this trend yesterday by saying:

“was very surprised to see this today, but there is nothing i would like more than to see btc break its correlation with equities.”

However, he tweeted again today to say the pattern has repeated. What’s more, he added that the current market dynamic, of a clear delineation between Bitcoin and the alts, is also an infrequent occurrence.
More: https://www.newsbtc.com/news/bitcoin/the-second-day-running-sees-bitcoin-is-up-while-equities-fall/

Peter Schiff is one of Bitcoin’s biggest naysayers. The well-known gold bug recently had his dirty laundry aired out for all to see, as part of an alleged tax evasion case involving his Euro Pacific Bank.

As part of an exposé, it was revealed that Schiff’s offshore bank was once the target of Bitcoin ransomware, and could explain his deep-rooted hatred toward the number one cryptocurrency by market cap.
More: https://www.newsbtc.com/news/bitcoin/peter-schiffs-alleged-tax-evading-bank-was-targeted-by-bitcoin-ransomware/

Bitcoin’s price action has been rather lackluster as of late, with bulls and bears reaching an impasse following its surge up to the mid-$11,000 region.

Each dip is met with significant buying pressure, while each push towards $11,600 is rapidly rejected by bears.

This has created a consolidation channel between $11,300 and $11,600. Although neither of these levels have been broken yet, whichever one is decisively surmounted first should provide investors with serious insights into the cryptocurrency’s near-term trend.
More: https://www.newsbtc.com/news/bitcoin/bad-for-bears-bitcoins-trading-volume-has-crashed-since-october-9th/

Crypto derivatives are now among the most common financial products on any cryptocurrency exchange or trading platform, thanks to increased interest among the trading community. Trading crypto derivatives has its own advantages as it allows users to mitigate volatility-associated risks and hedge against potential losses.

There are various derivatives products that include Swaps, Futures, Forwards, Options and Perpetual Futures. With the right skills, on the right platform, traders can make the best out of these instruments and earn a small fortune in the process. However, finding the right platform is the key.

If one were to list five of the best crypto derivatives exchanges in the market, they would be:
More: https://www.newsbtc.com/news/top-5-crypto-derivatives-exchange-in-2020/

Bitcoin’s price has been rallying higher throughout the past few days, with this newfound momentum largely stemming from the hype surrounding Square’s recent decision to purchase $50 million worth of BTC.

This news was significant and helped boost investor confidence while also catalyzing a strong uptrend.

BTC is now up nearly $1,000 from where it was prior to its announcement. Many investors are also anticipating more companies to follow suit.
More: https://www.newsbtc.com/news/bitcoin/these-11-companies-own-3-of-the-bitcoin-supply-is-a-liquidity-crisis-brewing/

The Ethereum wallet interface and browser extension MetaMask has recently achieved a milestone 1 million monthly active users, highlighting the enormous adoption underway. The rise runs in parallel with the DeFi trend, capped off recently by the explosion in users rushing to claim new Uniswap tokens.

Here’s how all these different projects and applications are all connected and why they all grew alongside one another.
More: https://www.newsbtc.com/news/ethereum/how-uniswap-defi-drove-ethereum-wallet-metamask-to-1m-users/