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Bitcoin Fees Rising, Surprising Even Industry Insiders
13.5.2020
After the third halving, Bitcoin (BTC) fees are on the rise again, as it's getting more difficult to get a transaction included into the nearest block.
After reaching its highest point in the past ten months of USD 3.19 on May 8, the average BTC transaction fee dropped 40% to USD 1.92, just...
Bitcoin Returns Above USD 9,000, Altcoins Drop Against BTC
13.5.2020
It took a few days for bitcoin (BTC) price to return above the USD 9,000 level after crashing on the eve of the third mining reward halving.
At pixel time (13:30 UTC), BTC trades at c. USD 9,094 and is up by 4% in a day, almost erasing all its weekly losses. The price is up by 35% in a month...
Mysterious Stablecoin Rally Marked With Regional Differences
13.5.2020
Strong and unexplained worldwide growth in the use of stablecoins following crypto’s Black Thursday on March 12 is also marked with certain regional differences.
The combined market capitalization of all stablecoins has “almost doubled” since the market crash in March, despite an initially sharp...
Chinese Central Bank Calls for Yet More Blockchain Adoption
13.5.2020
The Chinese central bank’s technology leads have called for more blockchain adoption in the bank’s own operations and the wider, government-owned financial sector.
Per Sina, the People's Bank of China (PBoC)’s Financial Technology Committee held its first meeting of the year this week, with...
Ethereum 2.0 Phase 0 is 'On track' With 0 Deadlines
13.5.2020
A recent mistake by Vitalik Buterin, co-founder of Ethereum (ETH), confirmed that Phase 0 of Ethereum's next version, Ethereum 2.0 (ETH 2.0) will not launch this July, but it might happen in Q3.
Buterin appeared at the CoinDesk’s Consensus: Distributed conference this Monday, where he replied...
Bitcoin Struggling Near USD 9,000, Altcoins Show Signs of Life
13.5.2020
After halving, bitcoin price managed to settle above the USD 8,550 pivot level. BTC even climbed above the USD 8,850 resistance, but it seems like it is facing a major resistance near the USD 9,000 zone. If there is a clear break above USD 9,000, the price could start a strong rally.
Looking...
Investors Say Lawsuits May Follow as Telegram Boss Concedes TON Defeat
13.5.2020
Telegram and its owner Pavel Durov have officially sounded the death knell for the company’s Telegram Open Network (TON) blockchain platform and its Gram token. But investors and other experts claim that a slew of lawsuits may follow as the company attempts to appease investors who stumped up...
There’s Still a Non-Trivial Chance of a Ban on Bitcoin - Kraken CLO
12.5.2020
Even today, there is a non-trivial chance that governments try to ban Bitcoin (BTC), according to Marco Santori, the recently appointed Chief Legal Officer (CLO) of major crypto exchange Kraken.
“I don’t think it’s a 20% or 30% chance in the next five years, but I think it’s real. And it’s up to...
BitPay Onboards Client With 1M Customers, ECB Focuses On Retail CBDC + More News
12.5.2020
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.
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Crypto adoption news
Major crypto payment processor BitPay announced the first large international furniture brand to go live...
Honesty and Education Will Help Bitcoin Build Trust – Survey
12.5.2020
Source: Adobe/Pixel-Shot
Education and honesty could help cryptocurrencies, such as Bitcoin (BTC), achieve mainstream acceptance, per a new report.
These were the findings of the 2020 Edelman Trust Barometer, a survey that garnered data from 34,000 people in 26 regions, with 1,150 respondents...
Demand for Non-Sovereign Safe Havens - Bitcoin & Gold - Expected to Rise
12.5.2020
The demand for non-sovereign "safe haven" assets, such as bitcoin (BTC) and gold, to rise considerably as the risk of broad-based currency debasement increases, according to US-based crypto research boutique Delphi Digital.
Gold demand in the past 12-18 months has already been on the rise...
Could Stablecoins Trash Cash in the Race to Deliver COVID-19 Payouts?
12.5.2020
With governments all over the world looking for ways to mitigate the financial damage of the coronavirus outbreak, many thinkers are openly asking if cash, already looking outdated before the pandemic, is the right tool for the job in a pre-vaccinated world.
In South Korea, both the private and...
JPMorgan Welcomes Coinbase and Gemini as First Crypto Clients - Report
12.5.2020
Crypto exchanges Gemini and Coinbase become the first crypto clients of the major investment bank JPMorgan Chase, the Wall Street Journal reported today, citing undisclosed people familiar with the matter.
Coinbase and Gemini's account were approved in April, while transactions are starting to...
TD Ameritrade-Backed ErisX Joins Ethereum Futures Market
12.5.2020
Major online trading platform TD Ameritrade-backed American crypto exchange ErisX starts offering regulated futures contracts with ethereum (ETH) as the underlying asset.
The new futures contract will be based on the ETH/USD spot rate and will be listed with monthly and quarterly expirations,...
First 100 Post-halving Bitcoin Blocks: Miners Readjusting, 51% Attack Gets Cheaper
12.5.2020
As the Bitcoin (BTC) network is adjusting after its third mining reward halving, first signs of the falling hashrate are starting to appear, while block time, which should, in theory, be around 10 minutes, dropped to 1 minute on multiple occasions as first 100 post-halving blocks are being mined....
Post-halving Bitcoin Consolidates, Altcoins Facing Major Hurdles
12.5.2020
After a strong decline, bitcoin price started a decent recovery wave above USD 8,550 ahead of the mining reward halving. BTC/USD even recovered above the USD 8,850 level, but it failed to surpass USD 9,000. As a result, there was a fresh decline and the price is now (08:30 UTC) consolidating in...
Bitcoin Went Through its Third Halving, Next Target - 'Halvation'
11.5.2020
Bitcoin (BTC) just went through its third halving of the mining reward, which is jokingly referred to as 'Halvation' (halving + salvation) that should send the price of the most popular cryptocurrency to the moon or even further.
Today, on block 630,000, mined by AntPool, Bitcoin's rate of...
Crypto Listing and Delisting Announcements: Week 19
11.5.2020
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...
Michelle Phan and Ashton Kutcher Bet on Bitcoin Rewards + More News
11.5.2020
Michelle Phan. Source: A screenshot, Instagram/michellephan
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.
Investment news
Lolli, a bitcoin (BTC) rewards company, has today...
This is How Bitcoin Changed Since Its Second Halving in 2016
11.5.2020
The Bitcoin (BTC) mining reward is halving today, and the entire industry is focused on it to see what'll happen afterward. Though we may not know what the feature has in store for BTC, we know its past - and we know that in the four years since the second halving, many of the network metrics...