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FTX Launches Futures Contracts on Bitcoin Hashrate


In what is likely to be the first such offering in the world, a crypto derivatives exchange has announced the launch of a new futures market that represents hashrate, or the computational power, of the Bitcoin (BTC) network. Announced today by Sam Bankman-Fried, CEO of crypto derivatives exchange...

Bithumb Delists Monero as Telegram Nth Room Rape Video Anger Festers


South Korean crypto exchanges have said their final farewell to monero (XMR) after Bithumb, the last major trading platform still trading in the token, officially delisted it yesterday. The so-called privacy token has endured a torrid past few weeks in South Korea, after media outlets unearthed...

Cryptoverse Upvotes and Downvotes Reddit's Experiment on Ethereum


Source: Adobe/Stockwerk-Fotodesign Though it has many supporters from the Cryptoverse, the long speculated-about, newly-introduced, blockchain-based points system on the popular discussion forum Reddit, unsurprisingly, has its critics too. As reported yesterday, Reddit has confirmed their point...

Bitcoin Facing Uphill Task Near USD 10,000, Altcoins Stable


Bitcoin price followed a bullish path after it settled above the USD 9,500 resistance. BTC/USD broke a couple of major hurdles near USD 9,800, but it faced an uphill task near the USD 10,000 resistance zone. As a result, there was a downside correction and the price is currently (08:30 UTC)...

Europe Heats Up Competition in Bitcoin Mining, Layer1 Plans Bold Move in US


As China’s dominance in Bitcoin (BTC) mining has already decreased this year, Europeans are taking even more steps to become more attractive to crypto miners. At the same time, BTC miners in the US also have ambitious plans. While Ukraine plans to offset the financial chaos of the coronavirus...

Using Automated Trading Systems in 2020


The text below is a sponsored article that was not written by Cryptonews.com journalists. For anyone new to the world of trading (be it stocks, commodities, or even cryptocurrencies) it might be logical to start by manually buying what you’re interested in, and selling when you want to. However...

Coinbase Implements Fixes, Shortage Of Blockchain Specialists + More News


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. Exchanges news Following two outages on April 29 and May 9, Coinbase said they are changing their database deployment topology...

Brace For Impact! How Would Another Stock Market Crash Affect Bitcoin?


Major names in finance are raising the alarm that stocks are vastly overvalued – more so than ever. Should the traditional market crash again, how would this affect bitcoin (BTC)? Analysts believe that BTC would feel the impact, but, this time, there is a chance it might be different. Legendary...

Mobile Carrier SK Unveils Samsung-made 5G Phone with Blockchain ID Wallet


Researchers conduct final tests on the Galaxy A Quantum smartphone and its quantum random number generation (QRNG) chipset at the SK Telecom's Bundang offices prior to launch. A smartphone created by South Korean mobile carrier SK Telecom, in conjunction with Samsung, is the world's first...

Monex Group CEO to First-Time Investors: Buy Bitcoin, Gold & US Stocks


Oki Matsumoto. Source: a video screenshot, Youtube, JapanSocietyNYC The CEO of the Monex Group, a major Japanese securities company has advised investors to buy bitcoin (BTC), gold and American stocks. In a blog post, Monex chief Oki Matsumoto stated that first-time investors would be advised...

Coinbase Says That 60% of Its Bitcoin Buyers Go Into Altcoins


Major cryptoasset exchange Coinbase claims that although most of its users initially favor bitcoin (BTC), the vast majority also go on to trade altcoins and other digital assets. In a blog post, the platform claimed, “Among customers with at least five purchases, 60% start with bitcoin but just...

Interest in Buying Bitcoin Is Highest In More Than Two Years


Source: Adobe/AA+W People have shown more interest in Bitcoin (BTC) - in what it is, as well as in buying the most popular cryptocurrency - in the period leading to the May halving than in more than two years before it, including the 2019 rally. To get a better understanding of how popular BTC...

Bitcoin Options Market Sends Mixed Signals


With the halving in Bitcoin (BTC) block subsidy now behind us, all eyes are on the BTC market, searching for signs that the reduced supply will lead to rising prices. However, there is a continued interest in bearish bets on the bitcoin options market. As reported last week, open interest...

Bitcoin Rallies, Altcoins Gain Momentum


After a successful close above the USD 9,000 resistance, bitcoin price gained bullish momentum. BTC/USD surged above the USD 9,200 and USD 9,400 resistance levels to move further into a positive zone (08:00 UTC). Going forward, a close above USD 9,550 might open the doors for a push towards...

Fairness and transparency: blockchain technology in lotteries


Disclaimer: The text below is a press release that was not written by Cryptonews.com. Fairness and transparency: blockchain technology and its application in the concept of lotteries The concept of lotteries has existed for hundreds of years - with the first reports of lotteries dating back from...

Blockchain-themed Manga Series Hopes to Take Japan by Storm


The protagonist of the new series explains the concept of blockchain, distributed ledgers and cryptocurrencies to a captivated time-traveling hero. Japanese manga writers can’t get enough of cryptocurrency and blockchain technology. First there was the manga-themed monacoin (MONA) and...

New Stablecoin, Bitcoin Interest Account, Cherry on Blockchain + More News


Source: Adobe/pamela_d_mcadams 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. Exchanges news Japanese crypto exchange GMO Coin is on the verge of releasing a stablecoin, reports...

Some Bitcoin Miners Flock to Bitcoin Cash And Bitcoin SV


While it might take weeks until we have a clear picture of the Bitcoin network after its third halving, it looks like some of its miners have already turned to Bitcoin Cash (BCH) and Bitcoin SV (BSV). BCH saw its hashrate almost doubling on the day of BTC's halving, on May 11. As reported, after...

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