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Crypto Market Sentiment Drops in 7 Days, Even Bloodier in 24 Hours
11.5.2020
The crypto market sentiment is not having a good day, or a good week for that matter. Not only has the combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins dropped from last week's 5.88 to 5.67/10 this week, as crypto market sentiment analysis service Omenics...
S Korea to Welcome Blockchain-powered Unlisted Stock Trading Platforms
11.5.2020
Two new blockchain-powered unlisted over-the-counter (OTC) stock trading platforms should launch in South Korea next year, with a third, rival platform already ready to open its doors for business.
Per Fn News, a potentially groundbreaking cooperation between Dunamu, the operator of market-leading...
Paul Tudor Jones Confirms His Fund Allocated Hundreds of Millions in USD to Bitcoin
11.5.2020
Legendary hedge fund manager Paul Tudor Jones told CNBC today that "over 1% <...> maybe it's almost 2%" of his assets are in bitcoin (BTC).
"That seems like the right number right now," he said, adding that he believes that Wall Street could be witnessing the historic...
Litecoin an Unlikely Champ as Crypto Hedge Funds Continue to Diversify
11.5.2020
Hedge funds are finding new uses for cryptoassets that do not involve investment, per a new report, with litecoin (LTC) earmarked as an unlikely altcoin champion for funds.
These were the findings of a joint research paper released by PwC and Elwood Asset Management and shared with Cryptonews.com...
This is Why Third Bitcoin Halving is Different, According to CME
11.5.2020
Source: Adobe/Pixel-Shot
Although previous Bitcoin (BTC) halvings have all led to a rise in price both before and after the event occurred, this time may play out differently due to the emergence of a whole new derivatives market for bitcoin, one of the largest derivatives exchanges in the world...
Bitcoin And Altcoins At Risk of More Losses
11.5.2020
This past week, we saw a strong bearish reaction in bitcoin price from the USD 10,000 resistance. BTC/USD broke the USD 9,500 and USD 9,000 support levels to move into a bearish zone. The price is currently consolidating above USD 8,500 and remains at a risk of more downsides.
Similarly, most major...
VoIP VPNs - Are They Worth It?
11.5.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
VoIP VPNs - Are They Worth It?
VoIP is a godsend – it lets you keep in touch with anyone you want no matter where you are in the world.
VPNs are great too since they protect your privacy by hiding your...
Is Bitcoin’s Lightning Network Ready to Replace Altcoin Use Cases?
10.5.2020
For many, Bitcoin’s (BTC’s) Lightning Network (LN) is viewed as a way for the world’s most popular cryptocurrency to enable faster, cheaper payments. While many altcoins, such as Bitcoin Cash (BCH) and Litecoin (LTC), have specifically focused on low transaction fees for smaller cryptocurrency...
Bitcoin Dives, Erasing All Weekly Gains, Altcoins Bleed Too
10.5.2020
In a sudden move in early Sunday hours (UTC time), bitcoin (BTC) price crashed around 10%, leaving traders perplexed. In the top 10, all coins, except tezos (XTZ), are down in double-digits.
At pixel time (04:50 UTC), BTC trades at c. USD 8,534 and is down by 13% in a day, erasing all weekly gains...
Rain, Government, and BTC Bulls to Help Chinese Miners After Bitcoin Halving
9.5.2020
The third Bitcoin (BTC) halving will change the mining industry. With mining reward effectively being cut by 50%, many miners and mining companies will be forced offline.
Only the most efficient and economically viable will survive. The question is: will the surviving miners be mostly concentrated...
Hot Scandals, Business Giants, Halvation and 20 Crypto Jokes
9.5.2020
It was a fun, pre-halving week. Coinbase analyst said that we shouldn't count on banks to invest in crypto, and options traders appear to be skeptical about current ETH price. Business giants join a new consortium to help firms ‘manage digital assets’, Blockstream updated their BTC satelite...
Gold's Post-Pandemic Upside Is Huge. But it Pales Alongside Bitcoin
8.5.2020
Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
Dr. Bruce Ng is an educator in the field of Distributed Ledger Technology...
Chinese, International Telcos Explore ‘Blockchain + 5G’ Paradigm
8.5.2020
Telecoms companies are increasingly looking to combine 5G and blockchain operations – particularly those based in China, per a new report that suggests blockchain development is as now as important to telecoms firms as next-generation mobile networks.
Media outlet Communication Information News...
Bitcoin Suisse Raising USD 56M, 'Free TON', Zcash Eyes Cosmos + More News
8.5.2020
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.
Investment news
Bitcoin Suisse, a crypto financial services firm, has announced the start of its Series A capital raise. According...
Bitcoin Miners Send Bullish Signs Ahead of Halving
8.5.2020
There's some bullish news from the mining industry ahead of Bitcoin (BTC) halving. Miners are hoarding BTC, expecting higher prices and buying rigs in the thousands, while the recent rally has made older rigs profitable once more, thus pulling many miners away from the exit door.
The miners have...
Blockchain Key to South Korea’s ‘New Deal’ Post-COVID 19 Economic Plan
8.5.2020
Source: Adobe/Rochu_2008
How might governments try to drag their economies out of the mire when the coronavirus pandemic finally subsides? Many of those interested in peering into the future are looking to South Korea, where the powers-that-be are already outlining their post-pandemic economic...
Open Interest in Bitcoin Options Hits USD 1B as Traders Seek Insurance
8.5.2020
Open interest (OI) in bitcoin (BTC) options surpassed USD 1 billion ahead of the halving, with an exponential increase seen across all major marketplaces over the past week. Meanwhile, the bitcoin put-to-call ratio is also on the move, revealing some bearishness in the market.
Although not unusual...
Ripple Reveals Details on its New Trading Platform Through Job Openings
8.5.2020
More information is out about a new trading platform that Ripple, an American blockchain company focusing on payments technologies, has in the works - and it's coming through employment adds.
Ripple is seeking a staff engineer for their "trading platform team that provides market access...
Bitcoin Gains Traction Ahead of Halving, Altcoins Struggle To Follow
8.5.2020
In the past two days, there was a steady rise in bitcoin price above the USD 9,000 and USD 9,200 resistance levels. BTC even broke the USD 9,500 resistance and spiked above USD 10,000. It is currently (08:30 UTC) correcting lower, but dips remain supported above USD 9,550 and USD 9,500.
However...
Cryptoverse Has a Question to New Bitcoin Star, Paul Tudor Jones, as BTC Tests USD 10K Again
8.5.2020
Paul Tudor Jones. Source: a video screenshot, Youtube, Goldman Sachs
After legendary hedge fund manager Paul Tudor Jones made waves in the Cryptoverse with his bullish statements on Thursday, the crypto community wonders whether the investor holds physical bitcoin (BTC) that just spiked above...