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Stablecoins & ‘Legal Crypto’ to Power S Korean Plastic Surgery Revival
22.6.2020
South Korean companies will increasingly look to stablecoins and blockchain technology as they look to boost the number of people coming into the country to undergo cosmetic surgical procedures.
South Korea’s plastic surgery industry is worth an estimated USD 5 billion a year, and prior to...
'New World of Bitcoin' as it 'Re-Couples' with Stocks - Asset Manager
22.6.2020
Bitcoin (BTC) and S&P 500 markets are "re-coupled," says a digital asset manager, which he argues brings forth a new normal for the market.
Despite bitcoin proponents often referring to the popular digital asset as an uncorrelated asset, the discussions about whether it really...
Summer Madness as Economists Predict Bitcoin Demise, Call it a ‘Fiat’
22.6.2020
Midsummer appears to be a time for conventional economics experts to make bold claims about the nature – and future of – bitcoin (BTC), with one expert claiming that BTC’s value will soon peter out to nothing, and Federal Reserve Bank of New York analysts claiming that there’s “nothing new” about...
Crypto Market Sentiment Drops Further, Ethereum Out of Positive Zone
22.6.2020
Crypto market sentiment score (sentscore) has taken yet another, this time much larger step away from the positive zone, dropping back into the 4-5 range. As crypto market sentiment analysis tool Omenics shows, the combined moving 7-day average sentscore for the top 10 coins dropped from 5.48...
Russians Offered Gift Card Incentive to Use Blockchain Voting Platform
22.6.2020
Blockchain voting could be set for a faster rollout than expected – both in terms of business management and large-scale democracy, with companies and nations alike looking to resume business as usual. So keen are governments to get voters out of polling booths and onto their blockchain-powered...
Synthetix, Ontology Outperform Market on Quiet Weekend for Crypto
22.6.2020
After what has been a relatively quiet weekend in the crypto market, the two altcoins Synthetix (SNX) and Ontology (ONT) both stand out as two of the strongest performers over the past week, outperforming bitcoin (BTC) by a wide margin.
As of press time on Monday (10:32 UTC), SNX was one of the...
Bitcoin and Altcoins Likely Basing for Next Move Higher
22.6.2020
This past week, bitcoin steadily declined after it was rejected near the USD 9,550 resistance. BTC broke the USD 9,400 and USD 9,300 levels. At the outset, the price seems to be forming a decent support base above USD 9,250 and it could make another attempt to clear the USD 9,550 resistance.
Most...
Italian Banking Association Gives Digital Euro the Green Light
22.6.2020
The Executive Committee of the Italian Banking Association (ABI) has approved ten criteria for a Central Bank Digital Currency (CBDC), bringing Italy a step closer to agreeing in principle to the possible launch of digital euro.
Associazione Bancaria Italiana is the trade association of Italian...
CryptoAltum, the Highest Leverage CFD Trading Platform
21.6.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
CFD’s Affiliate Program
CryptoAltum, a leading cryptocurrency CFD platform, has recently released its CryptoAltum Partners Program which allows partners to earn a commission from all referrals. CFD’s,...
How to Apply Forex Scalping Strategies to Crypto Trading
21.6.2020
There are scores of ways you can trade and invest in cryptocurrencies.
Sure, you can buy and HODL or frantically day-trade to catch the day’s highs and lows. But how about going beyond all that? How about using the techniques traders in other markets apply when they invest?
It’s time to learn...
Bitcoin Is Blockchain’s ‘Killer App,’ But Blockchain Is Catching Up
21.6.2020
The bitcoin (BTC) vs. blockchain debate is almost as old as BTC itself. For years now, bitcoin maximalists have argued that blockchain without a cryptocurrency is mostly a slow database, while blockchain advocates have argued that bitcoin only scratches the surface of what decentralized ledgers...
Why Banks Hold the Key to Wider BTC Adoption and Hyperbitcoinization
20.6.2020
Banks will be instrumental in bringing about wider cryptocurrency adoption. Without their involvement, the general public will continue to view crypto as a less-than legitimate part of the world of finance.
Admittedly, the vast majority of financial institutions still view bitcoin (BTC) and other...
High Jumps, (Self)Hacks, Heated Competitions and 20 Crypto Jokes
20.6.2020
This week in the Cryptoverse, BTC mining difficulty made the highest jump in two years, the sender of USD 5.28 million Ethereum (ETH) transactions was revealed, and stablecoin volume became 5x ETH volume on Ethereum. Hackers stole a bitcoin with a “brute force” attack, while Bancor discovered...
Fake Gov't Officials Blackmail People to Put Money in 'Bitcoin Machine'
20.6.2020
The local police department in a Canadian town is sounding the alarm over a bitcoin (BTC)-related scam that sees criminals impersonate government officials and call unsuspecting residents to tell them to deposit money into a “bitcoin machine.”
The scam, first reported by local news outlet...
Japan: SBI to Issue Blockchain-powered Local Gov’t Gift Certificates
19.6.2020
SBI Holdings, a Japanese financial giant, crypto exchange operator and Ripple’s biggest Asia-based partner, is to begin developing blockchain-powered gift certificates with the Fukuoka Chamber of Commerce and Industry.
Per Fisco, via Kabutan, the initiative will be conducted in the city of Ukhia...
New Tool to Track Tax Evaders, Digital Collectors LBCOIN + More News
19.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
A new Brazilian tax evasion tool could allow tax authorities and law enforcement agencies to police crypto, reports...
Bitcoin Search Interest Rose in March Despite Price Fall – Report
19.6.2020
Despite a sharp correction in bitcoin (BTC) price in March, search interest for the word “bitcoin” is once again on the rise after being down for most of 2019, a new report shows. It notes that Google searches have previously been a leading indicator for the price.
According to a new market update...
Fiat Crash Not a Prerequisite for Bitcoin Takeoff, Says Saifedean Ammous
19.6.2020
Source: Fundación Rafael del Pino video screenshot.
Do fiat currencies need to fail for crypto to truly take off? For many crypto experts hoping for monetary collapse and a digital coin-powered revolution, bitcoin (BTC) dominance seems impossible without a massive public loss of faith...
Paxos ‘Flippens’ LocalBitcoins As The Largest P2P Bitcoin Marketplace
19.6.2020
Bitcoin (BTC) peer-to-peer (P2P) trading market went through a historical week, as Paxful has surpassed LocalBitcoins in weekly trading volume for the first time in P2P trading history.
According to data provided by Coin.dance, Paxful is now the leading Bitcoin P2P marketplace in terms of global...
Paxful ‘Flippens’ LocalBitcoins As The Largest P2P Bitcoin Marketplace
19.6.2020
Bitcoin (BTC) peer-to-peer (P2P) trading market went through a historical week, as Paxful has surpassed LocalBitcoins in weekly trading volume for the first time in P2P trading history.
According to data provided by Coin.dance, Paxful is now the leading Bitcoin P2P marketplace in terms of global...