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Three Reasons Why Valiu Picked Bitcoin Over Stablecoins in Venezuela
5.5.2020
In an attempt to help Venezuelans to store their savings in a more stable currency, Colombia-based fintech, Valiu, decided to indirectly use Bitcoin (BTC) rather than one of the many available stablecoins. There are three reasons why BTC has won in this case.
“Liquidity, business model,...
BlockFi Snaps up Execs From AmEx & Credit Suisse; Tokenized Pet Care + More News
5.5.2020
Source: Adobe/Андрей Яланский
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.
Career news
BlockFi Snaps up Execs From AmEx & Credit Suisse; Tokenized pet care
Major US-based...
Business Giants New Consortium To Help Firms ‘Manage Digital Assets’
5.5.2020
Some of the biggest names in IT, conventional finance and blockchain technology have joined an open-source digital standards consortium that they claim will help overcome the hurdles involved with “managing digital assets” and the “adoption of digital identity” – making use of “interoperable...
Supply Chain Professionals Are Already Keen on Blockchain Technology
5.5.2020
The links between blockchain technology and the supply chain industry are strengthening fast, with
37% of surveyed firms either now using live blockchain solutions or developing or piloting platforms, per the findings of a new survey of 86 supply chain professionals from around the world.
The...
European Money Printer Goes Brrr Program Runs Into a Problem
5.5.2020
Euro symbol in front of the European Central Bank in Frankfurt, Germany. After years of discussions over the role of the European Central Bank (ECB) and its controversial quantitative easing program, Germany's Constitutional Court has decided that it has some legal challenges.
However, German's...
Blocktream Updates Its Bitcoin Satellite Network, Announces Kits
5.5.2020
Blocktream Upgrades Its Bitcoin Satellite, Announces Kits
Canada-based major blockchain technology firm Blockstream has launched a new version of their satellite network that broadcasts the Bitcoin (BTC) blockchain around the world and announced satellite kits.
Blockstream Satellite 2.0 moved from...
Bitcoin and Altcoins Signaling Possible Fresh Increase
5.5.2020
Recently, bitcoin price corrected lower below the USD 9,000 level. BTC/USD tested the USD 8,550 support zone and it is now (08:30 UTC) recovering higher. There was a break above the USD 8,850 resistance and it seems like the price might gain momentum above USD 9,000.
Similarly, there was a decent...
XRP Market Ignores New Lawsuit Against Ripple
5.5.2020
Ripple, the US-based fintech company affiliated with XRP, is facing yet another lawsuit after being accused of misleading investors by conducting an “unregistered offer and sale of securities.” However, the XRP market appears to have largely dismissed the news as noise.
As news started to circulate...
Telegram Ditches 110% US Investor Refund Option ‘for Fear of Litigation’
5.5.2020
Instant messaging giant Telegram appears to be keen on cutting all ties with the American investors who, along with international parties, stumped up USD 1.7 billion in its delayed token launch. A Russian investor believes the move is preemptive and has been made in order to avoid legal challenges...
Powerfull Miners Just Increased Pressure on Smaller Players Ahead of Bitcoin Halving
5.5.2020
Less than a week before the third Bitcoin (BTC) mining reward halving, mining just became more difficult as more miners turned their machines on in the end of April.
On Tuesday, BTC mining difficulty, a measure showing how hard it is to compete for mining rewards, increased by 0.9%, to 16.1...
5 Best Investing Tips in 2020
5.5.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
There’s no denying that investments are a veritable risk. No matter how you look at it, the market is going to fluctuate and experience ups and downs.
The good news is that little guys like you don’t have...
Crypto Listing and Delisting Announcements: Week 18
4.5.2020
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...
Anycoin Direct launches innovative new platform
4.5.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Veghel, NL, Release: 28 April 2020.
Cryptocurrency exchange service Anycoin Direct rolls out a new website for the European market.
With their newly designed website, Anycoin Direct aims to make the buying...
These Miners Might Suffer The Most After Bitcoin Halving
4.5.2020
Bitcoin (BTC) miners responsible for up to 30% of the network's hashrate, or the computational power, are the most vulnerable and might be forced to turn the majority of their machines off after Bitcoin mining reward halving next week, according to Alejandro De La Torre, Vice President at major...
Kraken CEO Underwent Surgery, Bitcoin Fees Skyrocket + More News
4.5.2020
Source: Adobe/nimon_t
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
Jesse Powell, CEO of major crypto exchange Kraken, has revealed to the crypto community via...
Crypto Market Sentiment Takes Another Step Up
4.5.2020
The crypto market sentiment has made another, relatively large step upwards over the course of the past week. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins continued its rise from seven days ago, climbing from 5.37 at the time to today's 5.88 - that...
This Polish Crypto Miner Grows During Lockdown, Looks To Raise USD 3M
4.5.2020
A Polish blockchain company says that its user numbers are up despite the pressures of the coronavirus pandemic, and says that investors are flocking to a gaming sector that is booming – in spite of the health crisis pandemic.
GamerHash says that building on improved results it is now eying...
Options Market Shows Bearish Outlook on Ethereum Price
4.5.2020
Despite the recent strong sentiment seen in the spot market, options traders appear to be skeptical about current ethereum (ETH) price, with contracts expiring in May, June, September, and December all showing higher than 50% probability that the price will fall.
Currently trading around the...
Bitcoin Goes Mainstream (Again) in Billions Season 5 Premiere
4.5.2020
A fragment of the official poster for the fifth season of Billions.
This weekend’s big TV show event had a bitcoin (BTC) bent – with series five of Showtime’s Billions drama series focusing largely on the world’s most popular cryptocurency.
The first episode of the series aired over the weekend...
Family Offices Likely to Invest in Bitcoin; Don't Count on Banks - Coinbase Analyst
4.5.2020
Source: Adobe/stockphoto-graf
Institutional investors are far from homogenous and while some have already invested in cryptoassets others may never do this, Nick Prince, Financial Strategy Analyst at major crypto exchange Coinbase, said. Family offices are the most likely to invest in crypto,...