RATE Group | U.Today’s Bitcoin & Crypto Weekly Top Stories for 18 – Nov 23
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U.Today’s Bitcoin & Crypto Weekly Top Stories for 18 – Nov 23

25 Nov U.Today’s Bitcoin & Crypto Weekly Top Stories for 18 – Nov 23

Posted at 03:52h in Cryptocurrency News by

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Bitcoin and Ethereum are “Formidable” Collateral Economies

Placeholder Partner and cryptocurrency influence Christopher Burniske tweeted earlier this week that Bitcoin and Ethereum are already formidable collateral economies. Mr. Burniske even goes as far to claim that Bitcoin could morph into an off-chain collateral for the world, and that Ethereum has created a burgeoning collateral economy. In the third quarter, Bitcoin remained the best collateral for cryptocurrencies. However, a group of Wall Street traders made a dire warning that the breakneck speed by which crypto lending is growing could potentially result in another crypto bubble.

Crypto Expert Says Bitcoin and Ethereum Are 'Formidable' Collateral Economies

China’s Cracking Down on Individuals Providing Cryptocurrencies to Locals

Dovey Wan, Founding Partner of Primitive Ventures, recently shared that China is cracking down on individuals that provide crypto transactions for local users. This also applies to crypto exchanges that are headquartered overseas. China imposed a ban on initial…

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