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Bitcoin Defenders Debunk Six Arguments Against BTC
16.6.2020
Not surprisingly, the latest newsletter by Bloomberg editor Joe Weisenthal sparked a vivid discussion in the Cryptoverse, with community members coming to bitcoin (BTC)'s defense in droves.
In the piece, Weisenthal outlined six reasons for what he sees at bitcoin’s lackluster performance this...
Japanese Experts Vote on Jargon after Crypto Called ‘Dubious-sounding’
16.6.2020
“What’s in a name?” muses the eponymous heroine of Shakespeare’s Romeo and Juliet. A “rose,” she says “by any other name would smell as sweet.” Not so when it comes to cryptocurrencies, it seems.
Some of Japan’s most prominent crypto industry players, academics, lawmakers and legal experts spent...
Crypto Listing and Delisting Announcements: Week 24
15.6.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Crypto-related Banking Freezes in Brazil, China + More News
15.6.2020
Source: Adobe/kirill_makarov
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.
Banking news
A major Brazilian bank has closed the accounts of at least five companies that deal with...
Crypto Market Sentiment Drops; Only Bitcoin and Ether in Positive Zone
15.6.2020
Along with a drop in price, market sentiment score (sentscore) has moved away from the positive zone it had gotten very close to last week. According to crypto market sentiment analysis tool Omenics, the combined moving 7-day average sentscore for the top 10 coins dropped from 7.87 back to 5.48...
Bitcoin Prices Closely Linked to Big US Tech Stock, Says Analyst
15.6.2020
A fund manager has opined that there is a strong correlation between bitcoin (BTC) prices and the value of stocks in some of the United States most powerful IT giants – but warned that, like big tech stock, BTC might have to wait until the coronavirus pandemic has died down before its next...
BTC Transaction Fees Drop to Pre-Halving Level
15.6.2020
After a peak in transaction fees on the Bitcoin (BTC) network was seen less than a month ago, the fee paid to miners for processing transactions is now back at levels seen in April, a time well before the third halving in May.
On Sunday, June 14, the median BTC transaction fee was USD 0.205, or...
South Korean Bitcoin Tax Amendments to Be Unveiled in July
15.6.2020
South Korean crypto tax legislation is set for a July rollout. The government appears to have settled on a means of ensuring citizens pay tax on their cryptoasset earnings – and will attempt to tax crypto “like real estate.”
Although it has yet to make a formal announcement on the matter, a number...
Ethereum's Vitalik Buterin Now Bitcoin Price Analyst Too
15.6.2020
Vitalik Buterin. Ethereum (ETH) Co-founder Vitalik Buterin keeps criticizing the stock-to-flow (S2F) model, though agreeing that a lack of correlation between the rise in bitcoin (BTC) price and the coin's halving isn't enough to do away with this popular and disputed model.
The theory that...
An Interview With Federico Olivo, President, and Founder of LKSCOIN
15.6.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Federico Olivo is the founder and current president of the LKSCOIN, a cryptocurrency destined to change the way content creators protect their ownership rights. Federico is also the chairman and co-founder...
Bitcoin and Altcoins Resume Downtrend, Bears In Driver’s Seat
15.6.2020
This past week, bitcoin failed to settle above the USD 10,000 resistance and started a sharp decline. BTC broke many important supports near USD 9,550 to enter a bearish zone. The price is currently (09:40 UTC) gaining bearish momentum and it might even break the USD 9,000 support.
Similarly, most...
Bitcoin, Stocks Fall Again as Risk-Off Sentiment Hits Market
15.6.2020
After the first wave of selling hit both bitcoin (BTC) and the stock markets before the weekend, round two for the bears may be about to kick in as the new week begins in the red for both markets again.
As of press time on Monday morning (09:19 UTC), bitcoin was down by 3% over the past 24 hours...
3 Ways Blockchain Could Help Fight The Climate Crisis
15.6.2020
The world has failed to halt global warming. Four years after the signing of the Paris Agreement, most experts predict global warming will exceed the agreed thresholds, with disastrous consequences. As much as the world faces a climate crisis, it also faces a climate governance crisis: we know what...
IBM and Oracle Set to Host Exclusive RoundTables at Virtual Conference
14.6.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The return of leading virtual conference BlockDown this June 18-19, brings with it exciting new guests, speakers and a new roundtable format where blockchain leaders chat about issues of the day, and you can take...
Bitcoin Halving and Competitors Boost Pressure on Bitmain & Canaan
14.6.2020
The Bitcoin (BTC) mining hardware sector is opening up. New hardware manufacturers are entering the market with innovative new mining units, reducing the former dominance of major players such as Bitmain and Canaan.
And with the Bitcoin halving in May putting an extra squeeze on the profit margins...
Bitcoin and Black America: A Digital Uprising
14.6.2020
A protest at the Los Angeles City Hall in June. Source: Twitter, @callmethebear
In 2014, several surveys found that African Americans were less likely to know about and use Bitcoin (BTC). However, in 2020, a Coinbase study found that African Americans are now much more interested in and trustful...
Bitcoiners Ask: ‘WTF Happened In 1971?’ The Answer Might Shape The 2020s
13.6.2020
In 1971, the United States left the gold standard. Now, some people – particularly Bitcoiners – believe that the US and wider global population has largely suffered as a result. The government can print USD at will, in the process causing the kind of inflation that reduces the general population’s...
Real ETH Giveaways, Blackmaily ETH Fees, and 20 Crypto Jokes
13.6.2020
This weak, we started a very REAL ETH giveaway. Speaking of ETH, two all-time high ETH transaction fees were paid, becoming more mysterious and blackmaily with the third. Meanwhile, Steve Hanke explained why private currency boards are better than central banks for a free society. While Maker...
Pentagon Doomsday Scenario Involved Bitcoin-powered Anarchy
13.6.2020
The American Department of Defense played out a wargame scenario that saw Generation Zers try to overthrow the powers-that-be, using bitcoin (BTC) and hacking skills to fund an ambitious anarchist coup.
Per media outlet The Intercept, Pentagon documents show that defense chiefs decided to test...
These Are 8 Biggest Crypto Funds According to a New Database
12.6.2020
There are eight crypto funds with more than USD 250 million in assets under management (AUM), according to the newly-launched Dove Mountain Data, a live database of all funds deploying capital into crypto.
This free, live database was created by Regan Bozman, Director Of Business Operations...