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Bitcoin News Roundup for May 19, 2020
19.5.2020
BTC hits a golden cross while hackers break into COVID-19 researching supercomputers. It's CoinDesk's Markets Daily podcast
Unfortunate May: BlockFi Suffers Breach, BitMEX Trading Engine Down
19.5.2020
Major crypto companies are still experiencing serious problems in May as BlockFi revealed that it suffered a data breach on May 14, while BitMEX Trading Engine went down today.
Crypto lender BlockFi said that the perpetrator attempted to make unauthorized withdrawals of client funds using...
Bitcoin’s Impending Golden Cross May Bolster Bulls: Analysts
19.5.2020
Bitcoin's price uptrend could gather pace following the confirmation of the golden crossover in the next few days
Bitcoin Still Leaving Exchanges, OTC Deals May Play Part in It
19.5.2020
Following crypto’s infamous Black Thursday on March 12, the amount of bitcoin (BTC) held on exchanges has continued to decrease rapidly, and has now reached levels not seen since June last year. Recent “large” over-the-counter (OTC) deals may have also played a part in the drawdown.
The current...
Bitcoin Price Stuck Sideways But Another $10K Retest May Trap Bears
19.5.2020
Bitcoin volatility and volumes are cooling off post-halving while a break in either direction could open the door to new market cycles
CZ May Have Pulled An Elon Musk-Style Gaffe On Twitter
18.5.2020
Did CZ inadvertently admit to being involved in the management of CoinMarketCap?
Bitcoin News Roundup for May 18, 2020
18.5.2020
BTC can't seem to break $10K while JK Rowling gets an earful. It's CoinDesk's Markets Daily Podcast
Bitcoin Breakout Hopes, R.I.P. TON, Trump Threatened: Hodler’s Digest, May 11–17
17.5.2020
In this week’s Hodler’s Digest, Bitcoin on the verge of an exciting breakout, Telegram abandons TON, and ransomware group threatens to air Trump’s “dirty laundry”
Long Squeeze Incoming? 3 Reasons Why Bitcoin Price May Correct Sharply
17.5.2020
Despite Bitcoin price repeatedly failing to push above $10,000, the majority of traders are long, increasing the possibility of a long squeeze
45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving
17.5.2020
On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are...
Cryptocurrency News From Japan: May 10 - May 16 in Review
16.5.2020
SBI Holdings started a joint venture fund with Redstone Digital, BitFlyer exchange aired a commercial, and more headlined news from Japan this past week
Bitcoin News Roundup for May 15, 2020
15.5.2020
BTC hovers at $9K while Australia knocks out Bitcoin sales. This is CoinDesk's Markets Daily Podcast
Bitcoin Cash Upgrade Complete: 3 New Features Added to Consensus Rules
15.5.2020
Today, at precisely 9 a.m. ET on May 15, 2020, the Bitcoin Cash network completed another upgrade adding a few new features to the blockchain. The latest upgrade comes with new opcode support, a chain limit extension, and the improved counting of signature operations using the...
The VC Who Argued ‘'Death Spiral' Scenario May Be Right After All
15.5.2020
Does the sluggishness of Bitcoin network support the ‘death spiral’ scenario described by a VC?
Kim Jong Un May Be Using Stolen Crypto to Offset Economic Fallout
14.5.2020
The latest reports suggest that North Korea could be encouraging the Lazarus group to steal crypto globally
Bitcoin May Thrive Despite Coronavirus
14.5.2020
One crypto industry CEO thinks COVID-19 has brought Bitcoin further into the public eye
Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving
14.5.2020
Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively...
Digifinex Live AMA Hosts Bitcoin.com Chairman – Roger Ver Talks Stimulus, Useful Cryptocurrencies, Coronavirus
14.5.2020
On May 14, Bitcoin.com Executive Chairman Roger Ver sat down with Digifinex cofounder, Kiana Shek, for an ask-me-anything (AMA) session about the cryptocurrency ecosystem. Ver explained what he thinks about the central banks printing unlimited money, the government-induced lockdowns, and...
Bitcoin News Roundup for May 14, 2020
14.5.2020
Ether whales are headed to bitcoin while Reddit rolls out Community Points. It's CoinDesk's Markets Daily Podcast
Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In
14.5.2020
Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...