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The 'ETH Is Used 440x More Than Bitcoin' Claim Is Not So Simple
30.4.2020
While Ethereum (ETH) supporters are celebrating claims that "ETH is used 440x more than Bitcoin for transacting" and this proves that ether is money, other crypto industry players warn that it's not so simple.
Adam Cochran, Partner at decentralized autonomous organization Metacartel...
How Are Bitcoin, Ethereum, Litecoin, BCH, BSV Hodlers Doing After the Rally?
30.4.2020
The sentiment among investors in several major cryptoassets is on the rise, as a growing number of hodlers are seeing positive numbers on their account balance, on-chain analysis shows.
According to data from on-chain analytics firm IntoTheBlock, more holders of bitcoin (BTC), ethereum (ETH)...
Four Reasons Why Bitcoin Might Not Rally Right After The Halving
30.4.2020
Compared to the previous two Bitcoin (BTC) halvings that were marked by major jumps in the coin's price around the time of the event, this halving may be different and BTC may not see a bull in the months following the event, according to CryptoCompare, a provider of the crypto market data.
The...
Russian Banking Disclosure May Drive More Citizens to Crypto
30.4.2020
The Russian government has revealed plans that could see it gain access to citizens’ confidential banking data – in a development that some think will drive Russians a step closer to cryptocurrencies.
The move comes shortly after forecasts indicated that socially distancing Russians, whose...
Bitcoin And Altcoins Correcting Strong Gains
30.4.2020
In the past two days, there were strong bullish moves in bitcoin above USD 7,550. BTC/USD surged around 20% and surpassed many key hurdles such as USD 8,000, USD 8,500, and USD 9,000. It traded to a new monthly high close to USD 9,500 and it is currently correcting gains.
Similarly, there was...
Telegram’s Crypto Launch ‘Postponed Indefinitely’
30.4.2020
Chat app operator Telegram appears to have lost its battle with American regulators in the struggle to launch its Telegram Open Network (TON) blockchain platform and the Gram token.
Telegram had hoped to launch the TON platform on April 30, but has instead reportedly “postponed indefinitely” due...
USD 9K Bitcoin Leads Crypto Rally as Exchanges See Massive Volumes
30.4.2020
Both bitcoin (BTC) and the broader crypto market saw another strong day today that brought the price of bitcoin past the USD 9,000 level, after also recording gains across the board yesterday. The gains came as sentiment in the market improved even more after bitcoin recovered all of its losses...
How Healthy Will the Bitcoin Network Be Post-halving?
29.4.2020
Johnson Xu is the Chief Analyst at TokenInsight, a token data and rating agency.
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Bitcoin (BTC)’s third halving is now less than two weeks away, per most estimates. As such, the industry is curious to discover what will happen to the Bitcoin network in the wake of this long-awaited...
BitMEX Leaves Japan, Youtube Suspends Ripple CTO + More News
29.4.2020
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
BitMEX has announced that it will stop offering services to Japanese residents. In an official announcement,...
Bitcoin-themed Manga Series Debuts in Japan
29.4.2020
The front cover of the first edition. The cryptocurrency-manga bond is growing stronger. While manga-flavored token monacoin (MONA) was arguably the first major crypto-manga crossover, a new series of bitcoin (BTC)-themed comics is now the talk of the town in Japan.
The new title is named Genesis...
Chinese Media Outlets Rush to Distance the Digital Yuan from Bitcoin
29.4.2020
A number of Chinese media outlets have published reports outlining the central bank’s plans for the digital yuan, which is set to make its debut at testbed sites next month, with some keen to point out that the new token “is not bitcoin (BTC) or ethereum (ETH)” and will not lead to a rise in crypto...
Ethereum Has More Whales and Some Of Them Manipulate - Research
29.4.2020
There's an influx of new ethereum (ETH) whales, while some of the ETH whales manipulate the market, according to Adam Cochran, Partner at decentralized autonomous organization Metacartel Ventures.
Cochran explains in his first of several announced reports (also 'translated' into a Twitter thread)...
Bitcoin Soars to Pre-Crash Levels, Breaks Above Key Technical Barrier
29.4.2020
The price of bitcoin (BTC) is once again seeing strong gains in the crypto market today, after soaring to levels not seen since before crypto’s “Black Thursday” on March 12, and again positioning the asset above a key technical level in the chart.
As of press time (11:40 UTC), bitcoin is up...
'Market-led' Currencies Can Live Alongside Digital Euro - ECB Board Member
29.4.2020
Fabio Panetta. While global regulators are warning about the risks of cryptocurrencies and private money initiatives such as Facebook's Libra, a member of the Executive Board of the European Central Bank (ECB) made a somewhat surprising statement in support of "market-led initiatives."
In...
Ethereum Classic Premium Suddenly Spikes and Wanes on Coinbase Pro
29.4.2020
After a short-lived, but significant premium was seen on ethereum classic (ETC) on Coinbase Pro early Wednesday morning UTC time, traders wonder whether the exchange was subject to an organized pump-and-dump, or if there are other factors that makes ETC markets more prone to premiums developing...
Bitcoin Inches Towards USD 8K, Altcoins Target Additional Gains
29.4.2020
After a long struggle, bitcoin price was able to break the USD 7,800 and USD 7,850 resistance levels. BTC/USD is currently (08:30 UTC) gaining bullish momentum and it might to continue higher above USD 8,000 and USD 8,050. The next major resistance is near USD 8,320 and USD 8,400.
Also, there were...
Italians Are Now the Biggest Crypto Believers, Brits - The Most Skeptical
29.4.2020
Confidence that cryptocurrencies will still exist in 2030 is slightly increasing in Europe, with two-thirds of surveyed Europeans believing this to be the case, finds a new study by crypto exchange bitFlyer Europe. Italians believe in the crypto survival the most, and British the least.
The...
Bitcoin Is Not Just a Dollar Gateway in Argentina
28.4.2020
Bitcoin (BTC)’s usage in Argentina may not be connected with a desire to buy fiats like the United States dollar, says an industry expert, who says that Argentinians could well have more nuanced reasons for snapping up vast quantities of the world’s favorite cryptocurrency in recent weeks.
As...
Libra and Ripple Find New Friends, Dash Fights In Japan + More News
28.4.2020
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.
Libra news
Checkout.com, a global payment services provider, said it joined the Libra Association. "The Libra project holds...
New Ethereum 2.0 Calculator: Stake ETH 1 and Earn 279% in 10 Years
28.4.2020
Source: Adobe/AA+W
The newly launched ETH 2 Calculator claims that you can earn 279% in ten years by staking one ether (ETH) on the Ethereum 2.0 network. And then, a number of "ifs" appears in this equation.
ETH price tracking platform EthereumPrice.org has launched a new calculator...