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Bitcoin Up In a Year Again: Hits USD 11,000, Grows Dominance

28.7.2020
Source: Adobe/jan_S It took one day for the most popular cryptocurrency, bitcoin (BTC), to climb from the long-awaited USD 10,000 level to USD 11,000, increasing its dominance in the market and showing positive returns in the past 12 months again. However, BTC is still not the best performer even...

Bithumb Confident of Victory in Disputed USD 67m Tax Bill Case

28.7.2020
South Korean market-leading crypto exchange Bithumb may win its USD 67 million legal struggle against the country’s tax authorities, per legal and industry officials. According to the Digital Times, analysts believe that Bithumb has the upper hand in its fight against a tax bill served to...

Bitcoin Pops Above USD 10K, Ethereum Outperforms All Major Coins Again

27.7.2020
Bitcoin (BTC) and ethereum (ETH), the first- and second-ranked cryptoassets by market capitalization, continued higher over the weekend, with both coins breaking through crucial resistance levels at USD 10,000 and USD 300, respectively. As of press time on Monday morning (04:43 UTC), bitcoin was...

Bitcoin Surges Back Above USD 9,500 in a Rally Led by Ethereum & Co

23.7.2020
After a month of low-volatility trading below USD 9,500, bitcoin (BTC) finally broke through the level, helped by a surge in ethereum (ETH) and other major altcoins. Although the rally was not unusually strong for a cryptoasset like bitcoin, getting the price of the asset above USD 9,500 is seen...

Hedera Hashgraph in Micropayments, Avalanche Raises USD 42m + More News

22.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain and DLT news Distributed ledger company Hedera Hashgraph (HBAR) has started a collaboration with Australia’s debit card system eftpos...

YFI Grabs Yield Farmers' Attention as DeFi Hits USD 3bn Milestone

21.7.2020
It's getting busier in the world of decentralized finance (DeFi) every day: the total value locked surpassed USD 3 billion, while a new governance token took the yield farming spotlight. DeFi has been hitting major milestones over the past few months, with the total value locked (TVL) rising...

Bitcoin Climbs Above USD 9,300, Altcoins Gaining Bullish Momentum

21.7.2020
Bitcoin price remained well bid above the USD 9,050 and USD 9,000. BTC formed a strong support base above USD 9,000 and it recently started a steady rise. It broke the USD 9,200 pivot level and it is currently (08:30 UTC) trading above the main USD 9,300 resistance zone. Similarly, most major...

BitMEX-affiliated Firm Leads USD 3.4m Investment in S African Exchange

21.7.2020
The investment arm of a new company operated by the creators of derivatives platform BitMEX, has spearheaded a USD 3.4-million cash injection in VALR, one of Africa’s biggest crypto exchanges. Per a press release shared with Cryptonews.com, the Series A equity round of funding in the VALR exchange...

Chinese Blockchain-powered Cross-border Trade Pilot Handles USD 4.4bn

21.7.2020
Operators of a Chinese blockchain-powered cross-border trade pilot platform are set to expand the platform’s scope – with multi-million dollar trade deals now being conducted in a key testbed area. Per Haiwainet, the central government is testing the efficacy of the network in the Guangdong-Hong...

Hackers Hack Telecom Argentina, Demand USD 7.5 Million In Monero

20.7.2020
Telecom S.A., the largest telecommunications company in Argentina, has suffered a ransomware attack as hackers demand USD 7.5 million in privacy coin Monero (109,345 XMR) to be paid until the night of Tuesday, July 21. If the company does not meet the deadline, the payable amount will rise to...

This Generalist Investor Goes Long on Bitcoin, Says USD 40K-100K Possible

17.7.2020
Lyn Alden. Source: a video screenshot, Youtube/MoneyShow The next bull cycle for bitcoin (BTC) may bring its price up about 2 to 5 times the price seen during the previous all-time high from December 2017, meaning it could jump to USD 40,000 - USD 100,000 per coin, a popular generalist investor...

Introducing the CoinDesk 20

8.7.2020
This group of 20 digital assets make up most of what people mean when they say “the cryptocurrency market.”

Bitcoin Stuck Near USD 9,300 While XRP, BNB and ADA Rally

8.7.2020
Bitcoin price remained stable above the USD 9,200 level and it is currently (08:30 UTC) consolidating near the USD 9,300 resistance. If BTC settles above USD 9,300 and USD 9,320, there are chances of another strong upward move towards USD 9,550 in the near term. On the other hand, there was...

Russian TON Investors Decry UK Firm’s ‘c. USD 1.5m Commission Fee’

6.7.2020
Russian investors in the failed Telegram Open Network (TON) token launch said they have reported a British brokerage they said is withholding almost USD 1.5 million of their funds to the Moscow-based federal investigating authority. Per a Telegram post from Baza, the group has taken its case to...

Bitcoin Holds Steady Above USD 9,000, Altcoins Starts Fresh Increase

6.7.2020
In the past few days, bitcoin bears made more than two attempts to clear the USD 9,000 support. BTC spiked below USD 9,000, but it recovered quickly. The price is currently (08:30 UTC) up over 2% and it is approaching the USD 9,240 and USD 9,300 resistance levels. Similarly, most major altcoins...

Ravencoin Exploit Sees Hackers Mint USD 6m Worth of RVN

3.7.2020
The team behind the ravencoin (RVN) token have revealed that hackers have exploited a vulnerability in the network that allowed them to mint and then trade almost USD 6 million worth of tokens. Per an official blog post, the team stated that the exploit is still being investigated, but that hackers...

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