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Attempts to Increase Bitcoin's Supply Would End Up With Another "Bitcoin"
14.3.2020
A famous painting by a Belgian Surrealist artist, René Magritte. It says: This is not a pipe.
Bitcoin's supply cap is one of its biggest selling points. Limiting the network to almost 21 million BTC, the cap makes Bitcoin a ‘deflationary’ currency.
Naturally, people have been questioning whether...
Crash! Boom! Bang! and 20 Crypto Jokes
14.3.2020
What an eventful, volatile week this has been. After Bitcoin mining difficulty and hashrate hit new highs, Bitcoin dropped suddenly to January lows, with altcoins suffering major losses, and then it crashed to USD 5,000 levels, and crypto exchanges had to make emergency moves to deal with...
Major Japanese Crypto Conference off, Consensus Goes Virtual + More News
13.3.2020
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.
Coronavirus news
Due to the coronavirus outbreak, one of the largest crypto conferences, Consensus 2020, initially scheduled...
How to Trade the Current Bitcoin Carnage
13.3.2020
The expected economic impact of the coronavirus has resulted in crashing stock markets across the globe. Unfortunately, the same thing happened in the crypto markets in the past few days when it became apparent that COVID-19 has become a pandemic.
In this article, which is not a financial advice...
Exclusive: 10 Crypto Minds Weigh in On Post-Crash Bitcoin and Its Future
13.3.2020
As investors are looking for safety in cash, can bitcoin (BTC) become more attractive than cash? How low might BTC go and how long will this downturn last? What to watch for before making an investment decision in the nearest future? What can we expect from institutional investors and what are...
Friday 13 Strikes: Crypto Exchange Employee Makes USD 82,000 Fee Gaffe
13.3.2020
Friday 13 proved to be an unlucky day for a South Korean cryptocurrency exchange, and for one staff member in particular – with an employee error at Coinone leading to the platform apparently frittering away some USD 82,000 worth of ethereum (ETH) in fees on a transaction worth a fraction of...
Post-crash Hopium: Bitcoin Bulls Look for Light in the Dark Tunnel
13.3.2020
Source: iStock/da-kuk
Things are not as grim as they seem, find many hardcore Bitcoiners. Sure, the situation is bad currently, but it's just a period that has its end, at that end await more investors, and the entire situation should be used to buy more bitcoin (BTC), they say.
Good for gold...
Altcoins See Early Optimism After Thursday Massacre, Litecoin Up 10%
13.3.2020
Source: iStock/t_kimura
Following the massacre in the broader crypto market on Thursday, major altcoins have already started to recoup some of their losses, with some cryptoassets now showing positive returns over the past 24 hours.
Despite a sea of red in the crypto market, altcoins such...
Crypto Exchanges Make Emergency Moves to Deal With Disrupted Transactions
13.3.2020
Some crypto exchanges around the world struggled to deal with the unexpected crash that has seen bitcoin (BTC) crash to as low as USD 4,000 before rebounding to more than USD 5,500 – leading some to take “emergency measures.”
A number of major exchanges suffered with technical issues as some coins...
An Interim Post-Mortem: Worst Days, Liquidations, and BitMEX in Spotlight
13.3.2020
After falling by a historic 40% before recovering slightly yesterday, bitcoin (BTC) is today recouping some of its heavy losses, posting double-digit gains in the early hours of Friday trading.
Today’s rebound comes after the number one digital asset once again saw heavy selling around midnight...
DeFi Goes Through Its Own Major Turbulence
13.3.2020
The crypto market crashed, and the total value locked (TVL) in decentralized finance (DeFi) is not here for it. Nonetheless, it bounced back.
TVL crashed 62% today, from USD 649.497 million to USD 244.398 million, before recuperating to where it currently (UTC: 10:24) stands: USD 641.6 million...
Bitcoin and Altcoins Attempt to Recover After Significant Crash
13.3.2020
The past 3-4 sessions saw a significant drop in bitcoin price from well above USD 8,000 to well below USD 5,000. BTC/USD lost more than 50% and even tested the USD 4,000 area. The price is currently (09:00 UTC) recovering above USD 5,000, but there are many resistances waiting on...
Getting to Know the Bitcoin Trader Pro App
13.3.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
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Bitcoin Trader Pro is an app that has brought smiles to the faces of many cryptocurrency enthusiasts. It is widely regarded as an efficient bitcoin (BTC) trading platform, both in terms...
Police Reveal Details about Coincheck Hack Suspects + More News
12.3.2020
Source: iStock/Marco_Piunti
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.
Crime news
Police in Tokyo have released further details about the two men it arrested yesterday...
Pre-crash Data: Number of Addresses with 1 Bitcoin Hit All-Time High
12.3.2020
The Cryptoverse had welcomed another all-time high - that of, let's call them, wholecoinddresses (addresses with at least 1 bitcoin).
The number of investors holding 1 Bitcoin (BTC) or more, known as wholecoiners, seems to be on the rise recently. Though we can't be sure how many investors...
Chase Bank Settles on Credit Card Crypto Transactions Class Suit
12.3.2020
US-based Chase Bank has settled an agreement with a class of customers who claim the bank billed their credit card cryptocurrency transactions by classifying them as expensive cash advances without prior warning.
Chase’s customers Brady Tucker, Ryan Hilton, and Stanton Smith accused the bank...
Xi Praises Blockchain Again, Says it Can Be Used to Fight ‘Fake News’
12.3.2020
Xi Jinping. Source: a video screenshot, Youtube, VICE News
Chinese President Xi Jinping has voiced fresh support for blockchain technology, praising its ability to aid efforts to fight the spread of the coronavirus epidemic that has infected almost 81,000 Middle Kingdom citizens.
Xi’s first...
Crypto-keen Japanese Securities Giant Joins STO Association
12.3.2020
The Japanese cryptocurrency scene could be about to welcome another major player to the fray – after major securities and brokerage firm Tokai Tokyo became the latest member of an increasingly high-profile and powerful-looking security token offering (STO) association.
The move comes just months...
PlusToken Scam Still Has BTC 61,229 Undistributed - Report
12.3.2020
The PlusToken scam project might still have undistributed BTC 61,229 (USD 369 million) that might affect the market, according to investigative firm OXT Research.
The widely talked about USD 2.9 billion PlusToken Ponzi scheme pops up on media and research company's radars ever so often...
Panic Attack: Bitcoin Crashes to USD 6,000, Altcoins Bleed More
12.3.2020
The downturn in the crypto market just accelerated.
As of press time on Thursday (10:50 UTC), bitcoin traded at USD 6,000, down more than 15% over the past 24 hours. The move occurred amidst erratic trading in digital assets, with price reaching as low as the USD 5,500 level before recovering.
The...