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Virtual 3D Conference BlockDown Back this Summer Following Successful Debut
8.5.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The hugely successful virtual 3D blockchain conference BlockDown is back by popular demand, with a second edition set to take place this June 18-19, in what promises to be bigger and better than ever before.
The...
Considering Adding Bitcoin to Your Portfolio? Answer These 3 Questions First
7.5.2020
Instead of jumping straight onto the bitcoin (BTC) bandwagon, traditional investors should ask themselves three “critical questions,” and make sure they can answer each of them satisfactorily, crypto investment firm Bitwise Asset Management urged in their new report.
According to the report, titled...
ErisX Wins BitLicense, Bitcoin Trading Booms on Silvergate & Square + More News
7.5.2020
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.
Exchanges news
TD Ameritrade and other investors-backed ErisX crypto exchange has won a BitLicense operating permit in New York...
The Tron/Justin Sun Scandal Gets Hotter as Cryptoverse Seeks Explanation
7.5.2020
Justin Sun. Source: a video screenshot, Youtube, Tron
After yesterday's reports that Tron, which maintains the Tron (TRX) blockchain, led by CEO and Founder Justin Sun, seemingly received more than USD 2 million from the US pandemic relief fund, the story's not getting its epilogue, but rather...
China's Dominance in Bitcoin Mining Dropped Amid Growing Competition
7.5.2020
Chinese Bitcoin (BTC) miners' share in Bitcoin's hashrate, or the computational power of the network, shrunk this year when hashrate jumped by 25%, while the US returned to second place, according to the Bitcoin Mining Map created by the Cambridge Centre for Alternative Finance (CCFAF).
The...
This is Why Criminals Prefer Less Anonymous Bitcoin to Privacy Coins
7.5.2020
Privacy coins have come under a lot of fire in recent times, and many leading anonymity tokens, such as zcash (ZEC), and monero (XMR) have come under fire from regulators, who claim they are the token of choice for terrorists, drug dealers, and money launderers.
Many of these tokens have been...
Bitcoin Continues Grinding Higher as Stocks, Gold Levels Off
7.5.2020
With the halving now several days away, bitcoin (BTC) has continued to grind higher in the market in recent days, despite a weaker overall crypto market and a levelling off in the price of both gold and US stocks.
The outperformance of the number one digital asset has been particularly strong after...
Demystifying the world of Tether blockchain and Tether USDT
7.5.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Photo: iStock-matejmo
Demystifying the world of Tether blockchain and Tether USDT
The cryptocurrency ecosystem is fast-paced and volatile. New coins come up every day with many disappearing as fast as they...
Confusion Reigns as Venezuela’s Petro Goes Offline for ‘Maintainance’
7.5.2020
Nicolás Maduro is the President of Venezuela since 2013, with his presidency under dispute since 2019. Venezuela’s troubled national cryptocurrency the petro (PTR) has gone offline, with petro transactions also apparently suspended at the small number of domestic exchanges that handle...
Bitcoin Halving as 'A Crypto Super Cycle Marketing Event' & Its Three Narratives
7.5.2020
Crypto researcher Messari delved into Bitcoin (BTC)'s upcoming third halving, and among investment theses and possible implications, provided the teams' opinions on major and impactful halving (which also deemed to be 'a marketing event at best') narratives.
CEO Ryan Selkis believes that...
Bitcoin Rising Steadily While Altcoins Show Negative Signals
7.5.2020
After a successful close above USD 9,000, bitcoin price extended its upward move. BTC/USD surpassed the USD 9,200 resistance and tested USD 9,400. It is currently (08:30 UTC) consolidating above USD 9,200 and facing hurdles near USD 9,400, USD 9,440, and USD 9,500.
On the other hand, most major...
Italian Banks' App Shows Financial World is Not Sleeping on Blockchain
6.5.2020
It seems that blockchain applications are getting more common in the financial world, connecting a number of companies and solving their long-standing issues. Another proof of that is an app that will be used by Italian banks.
Associazione Bancaria Italiana (ABI), the Italian banking association...
Crypto-powered Plastic Surgery, Blockchain Industrial Parks + More News
6.5.2020
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.
Adoption news
A South Korean company wants to offer crypto and blockchain-powered plastic surgery, and is targeting so-called...
Major Youtuber PewDiePie Leaves Decentralized Platform and 800K Followers
6.5.2020
Felix Kjellberg, a.k.a. PewDiePie. Source: a video screenshot, Youtube, PewDiePie
After a year of livestreaming exclusively on DLive, a decentralized blockchain-based streaming platform, PewDiePie went back to YouTube.
The presumably world’s biggest independent video content creator, whose real...
Inverse Bitcoin Token Launches on Ethereum Network Ahead of Halving
6.5.2020
Source: Adobe/vladim_ka
A new token that allows traders to get short exposure to bitcoin (BTC) without actually shorting the asset has just been announced, with the company behind the innovation saying more tokens are to be rolled out soon as part of what it calls “a new paradigm in cryptocurrency...
Six Bitcoin Halving Scenarios and Likelihood of Each
6.5.2020
As Bitcoin (BTC) halving approaches, there's been a great debate over the results of the past two halvings compared to this third. Digital asset management firm CoinShares looked into the most popular BTC halving hypotheses to see how likely are they to occur in their opinion, and what their impact...
‘Ridiculous’ Registration Fees Force Dutch Bitcoin Exchange out of Business
6.5.2020
A Dutch Bitcoin (BTC) exchange has become one of the first casualties of a new regulatory procedure that requires many of the nation’s crypto-related companies to register with the central bank or close down.
The central bank, the De Nederlandsche Bank (DNB), has set a May 18 deadline...
Bittrex to Launch Own Token in June
6.5.2020
In a move likely aimed at regaining market share from competitors like Binance and Huobi, yet another crypto exchange is set to launch its own token.
Announced via Twitter on Tuesday, the Lichtenstein-based crypto exchange Bittrex Global said that its “Bittrex Global Exchange Token” is set to...
Bitcoin and Altcoins Try To Extend Gains
6.5.2020
In the past few hours (08:30 UTC), bitcoin price showed signs of bullish continuation at the USD 9,000 level. Should BTC/USD move towards the USD 9,200 resistance, it could continue to rise towards the USD 9,500 level. If not, the price might correct lower towards USD 8,850 or even...
Europe’s Biggest Nuclear Station Might Give Electricity to Bitcoin Miners
6.5.2020
Cooling towers at Zaporizhzhia Nuclear Power Station. Ukraine’s plan to offset the financial chaos of the coronavirus pandemic might involve nuclear-powered cryptocurrency mining, says its energy ministry.
Yesterday, the country’s Ministry of Energy and Environmental Protection announced that...