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Bitcoin News Roundup for July 17, 2020


With Binance expanding its miner ambitions and Thailand's CBDC seeing early use, CoinDesk's Markets Daily is back with another bitcoin news roundup

Lenovo Distances Itself from ‘Digital Currency’ Claims + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investment news Legend Holdings, the owner of the Lenovo Group, has issued a statement denying it has made any “digital currency” or “blockchain”...

Thai Central Bank Says Big Businesses Are Already Using its CBDC


Another country has moved a step closer to issuing a central bank digital currency (CBDC), with Thailand’s central bank stating that it is “already using” its token “for financial transactions with some big businesses.” Per Nation Thailand, the Vachira Arromdee, assistant governor of the Bank...

Crypto Sector Baffled as Mysterious Report Calls Chainlink a ‘Fraud’


Social media and crypto sleuths are attempting to uncover the truth about a report that has been circulating claiming to tell the damning truth about Chainlink, the operator of the LINK token – one of the year’s best-performing major altcoins. The report is allegedly the work of a company named...

Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low


Onchain data shows that bitcoin miners are hoarding despite the 50% loss in revenue that started on May 11, during the third reward halving. The seven-day average of bitcoin miners’ outflow volume and mining funds sent to exchanges remains significantly low. Roughly four weeks ago on June...

CoinMarketCap Launches Headlines


CoinMarketCap is pleased to announce the launch of the most updated version of Headlines, an aptly-named product that gathers allContinue Reading The post CoinMarketCap Launches Headlines appeared first on CoinMarketCap Blog

CoinMarketCap Launches Headlines


CoinMarketCap is pleased to announce the launch of the most updated version of Headlines, an aptly-named product that gathers allContinue Reading The post CoinMarketCap Launches Headlines appeared first on CoinMarketCap Blog

This Generalist Investor Goes Long on Bitcoin, Says USD 40K-100K Possible


Lyn Alden. Source: a video screenshot, Youtube/MoneyShow The next bull cycle for bitcoin (BTC) may bring its price up about 2 to 5 times the price seen during the previous all-time high from December 2017, meaning it could jump to USD 40,000 - USD 100,000 per coin, a popular generalist investor...

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