Ethereum 2.0 Phase 0 Launches Successfully, $ETH Up 347% in 2020

The launch of the Beacon Chain, which is the first stage in the ETH 2.0 development roadmap, took place successfully at 12:00 UTC on Tuesday (December 1). Raul Jordan, Co-Founder at Prysmatic Labs, had this this to say about the launch: The Beacon Chain is a Proof-of-Stake (PoS) blockchain, and it signals the first step in the plan to […]

$631 Billion Investment Giant: Cryptocurrencies ‘Have a Place in Asset Allocation’

Inigo Fraser Jenkins, Co-Head of the Portfolio Strategy team at Bernstein Research, the research arm of global asset management firm AllianceBernstein (AB), reportedly has notified the firm’s clients via a research note that cryptocurrencies “do have a place in asset allocation.” Before joining AB in 2015, Fraser Jenkins “led Nomura’s Global Quantitative Strategy team.” He started his career at the […]

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Bitcoin

Bitcoin Has Highest Monthly Close in History, Two Analysts Say $25K By Year End

After setting new all-time highs on multiple crypto exchanges on Monday (November 30) and closing the month at the highest ever price level, at least two crypto analysts now expect the Bitcoin to reach $25,000 by year end. According to the CryptoCompare index (which takes the average of the Bitcoin price across multiple exchanges), the […]