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Can Police Seize Nth Room Crypto? Int’l Exchanges Agree to Cooperate


Legal confusion has broken out in South Korea as experts and lawyers remain uncertain as to whether the police can confiscate the cryptocurrency holdings of Telegram Nth room chief suspect Cho Joo-bin. Cho is suspected of running a network of chat rooms that circulated sexual exploitation videos...

How Cardano Can Topple Bitcoin and Ethereum


Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. ________ Of course, you have heard about Bitcoin and Etherium. These are both leading cryptos that are entirely different from each other. But in a way, both of them had tremendously shaped...

XRP Lags Behind Market Despite Strong Weekly Gains


XRP, the cryptocurrency affiliated with US-based fintech company Ripple, is among just a handful of digital assets that are trading in the red or are unchanged over the past 24 hours, with the broader crypto market recording strong gains during early Monday trading. Heavy selling Sunday night added...

Number of Addresses with BTC 1 Rising, while Bitcoin is Leaving Exchanges


After a crypto market crash in March, the number of wallets with at least 1 bitcoin (BTC) has kept rising, reaching new all-time highs. At the same time, it seems that this coin is leaving exchanges. Crypto market researcher Glassnode said that on March 29, more than two weeks after the crash,...

Bitcoin And Altcoins Trim Losses But Facing Uphill Task


Recently, there was a fresh bearish reaction in bitcoin below the USD 6,200 and USD 6,000 support levels. However, BTC/USD found a strong buying interest near the USD 6,850 level and it is currently (09:00 UTC) recovering above USD 6,000 and USD 6,200. Similarly, all major altcoins are showing...

Can CBDC Help Recover From Coronavirus Recession And Lead To Bitcoin?


Equestrian statue of the Duke of Wellington in front of the Bank of England. There is a general consensus that the global economy is heading for a sharp recession. The economic output will contract, but there are, at least, certain innovations that can be implemented to mitigate...

Diversification - The Only Free Lunch For Crypto Investor


Henry K. Elder is the Director Investment Strategies at Wave Financial, a Los Angeles and London based investment management company that provides institutional digital asset fund products. Ryan Anderson, Associate, Wave Financial. _____ As both traditional and alternative asset markets descend...

Stablecoins Will Have to Adapt to Survive Coronavirus Recession


Stablecoins are facing new challenges. With USD interest rates hitting 0% and US Treasury yields turning negative, it's becoming increasingly hard to earn a profit simply by holding USD in reserve or by purchasing US Treasury bills. While some stablecoins operate using alternative business models...

Reversed Loses, Settled Lawsuits, Pickled Gold and 20 Crypto Jokes


Let's see what this past week served on our crypto table. Bitcoin and major altcoins reversed losses Monday, after the Fed announced unprecedented measures to support the economy, while Coronavirus put gold in a peculiar pickle. As BTC mining difficulty saw a historic drop, a new Cardano scaling...

7 Solutions that Could Help You Self-Isolate During the COVID-19 Pandemic


Over 500,000 confirmed cases of the coronavirus have already been diagnosed across the globe, and that figure just keeps rising sharply by the day. As a result, many governments across the globe have taken drastic measures – such as imposing quarantines and lockdowns, closing borders and shutting...

Are Miners Waiting for Bitcoin to Hit Breakeven Point?


Johnson Xu is the Chief Analyst at TokenInsight, a token data and rating agency. _____ The sharp market downturn in mid-March 2020 forced some Bitcoin (BTC) miners to switch off their mining rigs. As a result, the Bitcoin network hash rate plummeted to ~75.8 EH/s. After reaching its lowest recent...

Venezuelans Use Bitcoin as Gateway to Buy Foreign Fiat - Research


Bitcoin (BTC) continues to boom in Venezuela – but only because it is helping citizens buy hard-to-purchase foreign fiats, says an industry observer. As previously reported, trading volumes on peer-to-peer (P2P) platform LocalBitcoins have spiked again in recent weeks. In a report from the Open...

Investors Accused Ripple CEO of Dumping XRP While Touting It + More News


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. Legal news In an amended complaint filed Wednesday in the U.S. District Court of the Northern District of California, XRP investors...

Norwegian Block Exchange Plans Expansion Despite Norwegian Air Problems


With more and more airlines around the world grounding their flights due to border closures and travel restrictions, one recently launched airline-related crypto exchange may be about to feel more direct consequences as well. Closely affiliated with the low-cost air carrier Norwegian Air Shuttle...

Tezos, ConsenSys, Blockstack, and Others Share Their COVID-19 Stories


A colorized image of cells from a patient infected with the coronavirus SARS-CoV-2. The virus particles are colored pink. The image was captured from a scanning electron micrograph. In the midst of the current COVID-19 pandemic, we asked several crypto/blockchain startups how they are operating...

Panic in Bitcoin Market 'Dissipating,' Miners Returning


Bitcoin (BTC) on-chain activity and again increasing hashrate suggest positive moves in the market and the largest cryptocurrency network, according to blockchain analysis firm Glassnode. With the price stabilizing and investors slowing down the portfolios readjustments, on-chain activity has seen...

Binance Announces Binance Card; How Does it Compare to Coinbase Card?


Binance just released their new product, the Binance Card, meant to make it easier for people to use crypto every day, that way assisting crypto adoption. Meanwhile, another major crypto exchange, Coinbase, passed this milestone a year ago. Binance unveiled the Beta version of its Binance card,...

Spanish Red Cross Rejects Crypto While Italians Raise USD 20K in Bitcoin


Italy and Spain are two of the countries worst hit by the coronavirus pandemic, and perhaps two of the countries whose health workers are now in most pressing need of financial support. But the Red Cross organizations in both countries are taking a very different approach to cryptocurrency...

Bitcoin Probing Crucial Resistance While Altcoins Start Rising


In the past few sessions, bitcoin price remained well bid above the USD 6,500 support level. However, BTC/USD is still facing a strong barrier near the USD 6,800 and USD 6,850 resistance levels. The price is trading (08:30 UTC) in a range below USD 6,850 and it seems to be preparing for the next...

Introducing the Immediate Edge Bot


Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. ____ Are you on the lookout for dependable and highly efficient cryptocurrency trading software? Then look no further! The Immediate Edge Bot is a crypto trading platform that offers a host...

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