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Will Easing Lockdown Lead to a Decrease in Bitcoin Trading in Russia?
28.5.2020
Financial experts and crypto exchanges say they are confident that as Russia comes out of lockdown, crypto trading and investment will continue to grow. But others warn that some locked-down crypto first-timers will exit the market – although they may not be missed.
As previously reported, Russian...
Brace for Bitcoin Volatility as Large Number of Futures & Options Expire
28.5.2020
Bitcoin (BTC) holders may be in for a wild ride in the next few days, as an unusually large number of bitcoin futures & options contracts are set to expire this Friday on the institutionally-focused major derivatives exchange CME.
According to data from Skew, a firm that analyzes the crypto...
Kraken Mulls Lightning, Telegram Chief Donates Bitcoin + More News
28.5.2020
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.
Exchange news
US-based crypto exchange Kraken might launch support for the Bitcoin Lightning Network by the end of the year....
Samsung Adds Bitcoin Focused Exchange Gemini To Its Flagships
28.5.2020
The world's largest smartphone maker, Samsung, has integrated the Gemini exchange into its Blockchain Wallet on Galaxy smartphones in the US and Canada.
By connecting their Samsung Blockchain Wallet to the Gemini mobile app, users can buy and sell crypto, view their Gemini account balances,...
Theta Price Diverges Across Exchanges With Arbitrage Restricted
28.5.2020
After a parabolic rally that brought the price of theta (THETA) up by more than 1,000% since March 13, the price is now correcting lower, with large price divergences seen across different crypto exchanges.
As of press time on Thursday (12:06 PM UTC), THETA is down by almost 20% over the past...
Brave Aims At Zoom With 'Private and Unlimited Video Calling Service'
28.5.2020
Brave Together. Blockchain-based decentralized browser Brave (BAT) has launched encrypted in-browser video calls, dubbed Brave Together.
The makers of the Brave web browser have announced the launch of a "private and unlimited video calling service" based on the open source app Jitsi....
Why You Should and Shouldn't Care About Goldman Sachs' Report on Bitcoin
28.5.2020
Investment banking giant Goldman Sachs is being criticised for their division's poor research on Bitcoin (BTC). But it could be argued that the larger reason why the Cryptoverse should care about their latest presentation is that the bank is spreading misinformation to potential BTC investors...
Bitcoin and Altcoins Trading Near Make-or-Break Levels
28.5.2020
After a couple of failed attempts, bitcoin price was able to clear the USD 9,050 resistance level. BTC even recovered above the USD 9,200 resistance, but it struggled to continue higher. It is currently (08:30 UTC) correcting lower and it might find support near USD 9,050 or USD 9,000.
Similarly...
Business Heavyweight Rakuten Offers Bitcoin ‘Cashback’ on Pizza Delivery
28.5.2020
Bitcoin Pizza Day (May 22) may have come and gone in most parts of the world, but in crypto-mad Japan, the festivities are still ongoing – with one of the country’s newest exchanges running a month-long bitcoin (BTC) giveaway promotion.
Rakuten – an e-commerce business empire that also runs...
Irish Firms Pay Blockchain Devs More than US Counterparts – Report
28.5.2020
The highest-paid blockchain developers in the world are not based in Silicon Valley, but on the Emerald Isle, per a new report – with the United States placing third, behind Northern neighbor Canada on a list of countries with the highest average hourly rates for blockchain developers.
The report...
Here's What People Bought With Their Bitcoin Profits
27.5.2020
Cars, pinball machines, virtual private networks (VPN), more cars - these are some of the things people have recently purchased with their bitcoin (BTC) profits.
Some BTC owners are hodlers, some are traders, but all wish to build a world where they own and manage their fortunes and are able...
No Timetable Yet for Digital Yuan Launch, Google Finds Theta + More News
27.5.2020
Source: Google, Instagram
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.
Digital fiats news
A timeframe has yet to be set for the launch of the digital yuan, says the People’s...
Why Is Polkadot Mainnet News Important to Blockchain Adoption?
27.5.2020
The first candidate for the highly anticipated blockchain and one of the top 10 ICOs of 2017, Polkadot Network, is live. The relevance of this project lies in its promise to bring much-needed "true [blockchain] interoperability."
Web3 Foundation, Polkadot’s lead developer has announced...
Coinbase Acquires a New Tool For Buyers of 'USD 100M of Bitcoin'
27.5.2020
Source: a screenshot, Instagram/Coinbase
In an attempt to attract more institutional traders, major crypto exchange Coinbase agreed to acquire another major player in the crypto industry, Tagomi, a New York-based crypto brokerage.
Terms of the acquisition, that is pending regulatory approval...
Major Bitcoin Players Lure Large Investors With New Offerings
27.5.2020
From exclusive trading services to investment in Bitcoin (BTC) mining farms, major crypto players are expanding their product list in order to attract more large investors.
Crypto custody company BitGo has announced today the launch of BitGo Prime, to offer institutional trading services, which...
Ethereum Now ‘Significantly Undervalued’ - Researchers
27.5.2020
Despite a rebound of more than 100% since the crypto market crash on March 12, ethereum (ETH) remains “significantly undervalued,” and could be poised for further upside, crypto research firm Blockfyre believes.
In a recent Twitter thread, the firm noted that while ETH prices have remained...
Bitcoin and Altcoins Struggle To Gain Bullish Momentum
27.5.2020
After a short-term upside correction, bitcoin price resumed its decline towards the USD 8,800 level. BTC is currently (08:30 UTC) trading in a broad range and it seems to be struggling to clear the USD 9,050 and USD 9,200 resistance levels.
Looking at most major altcoins, there were mostly range...
Bitcoin Sees First 12-Month Period with Losses Since 2019 Rally
27.5.2020
After a series of lower highs for bitcoin (BTC) price since its last major rally in 2019, some investors in the number one cryptocurrency may be forced to adjust their expectations, the latest return figures suggest.
Following a decline in the bitcoin price of nearly 9% over the past 7 days,...
How Bitcoin is Pitched to Investors
27.5.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
In the world of global currency trading, bitcoin trading has become the biggest subject of discussion due to its novelty. For a long time, investors interested in financial markets would naturally start...
South Korean Crypto Tax ‘Coming Next Year for Traders, Miners & ICOs’
27.5.2020
South Korean ministries have pledged to impose tax on cryptocurrency trading and crypto mining “from next year.”
Per reports from E Daily and Decenter, the Ministry of Economy and Finance is preparing to make an amendment to the existing Income Tax Act that will include clauses about taxing...