30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $18,143
Bitcoin price has somewhat stabilized after yesterday’s fall, however its strength still looks shaky as price teeters above $18,000 support.
Top-20 altcoins have also flattened out in price, as Ethereum and Bitcoin Cash remain almost unchanged – however XRP and Stellar stand out with rises of 6% and 13%, respectively.
Top Stories for December 10, 2020
Paxos, a cryptocurrency company and stablecoin issuer, has filed an application to become a federally-regulated US bank.
Although the bank would operate out of New York, the national charter will enable licensed banks to operate more easily across the entire country.
A 30-day comment period is required before the application can proceed.
Rostyslav Solod, a newly-appointed official in Ukraine who is still a teenager, has declared significant cryptocurrency holdings, including over $24 million worth of Monero (XMR).
A declaration claims that Solod acquired his cryptocurrency holdings more than 5 years ago in March 2015, when Monero was trading at about 50 cents per coin.
A report by investigative journalists has revealed that Venezuela plans to increase its use of Bitcoin and cryptocurrencies as payment for imports.
The move is an attempt to evade US sanctions, a strategy that had previously been publicly declared by president Nicolás Maduro earlier this year.
The post Paxos Files To Become Federally Regulated US Bank – December 10 appeared first on BitcoinPrice.com.
Source: Paxos Files To Become Federally Regulated US Bank – December 10