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Negative USD Yield Risk Adds Bitcoin On Software Giant’s Radar
6.8.2020
Following announcements from major mainstream investors such as Paul Tudor Jones that they are adding bitcoin (BTC) to their portfolios as an inflation hedge, a US-based major software company said that it may invest part of its cash into bitcoin and other alternative investments, citing “negative...
NASDAQ-Listed MicroStrategy, Wary of Looming Dollar Inflation, Turns to Bitcoin and Gold
5.8.2020
“If you have large dollar values and you're hoping for any kind of return on them, that's faded,” said CEO Michael Saylor. “Gold, silver, and bitcoin are showing strength.”
Bitfinex Steps up Hunt For Its Hackers, Promises USD 400m In Rewards
4.8.2020
Major crypto exchange Bitfinex has offered a multi-million dollar reward to anyone who can lead it to the hackers responsible for the the theft of nearly bitcoin (BTC) 120,000 in August 2016 - even to the hackers themselves.
Today's value of the bitcoin stolen from Bitfinex four years ago is around...
‘High Probability’ Bitcoin Rises as USD Sinks to 2008 Levels — Trader
4.8.2020
The U.S. dollar is at risk of falling below the lower end of a 12-year trendline as some analysts argue that this may be a bullish turning point for Bitcoin price
Unite to Succeed: Swiss Stablecoin Association Hopes to Break the Ice
3.8.2020
The new World Stablecoin Association hopes to create a united front for the sector to tackle regulatory concerns and drive collaboration
New USD 110m for Crypto Startups, Crypto.com Swap Fuels MCO + More News
3.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
Early-stage venture firm Electric Capital said it raised USD 110m for Seed and Series A fund, focused on cryptonetworks...
Hack Forces Travel Company to Pay USD 4.6m in Bitcoin Ransom
3.8.2020
A recent hack of a major travel management firm has reportedly left attackers with USD 4.6m worth of bitcoin (BTC), after the company on July 28 was forced to pay to restore access to internal files, Reuters reported, citing a record of the ransom negotiations.
The attack targeted up to 30,0000...
Bitcoin Hits USD 12K, Crashes By USD 800 In Minutes; Ether, XRP Shine
2.8.2020
The most popular cryptocurrency, bitcoin (BTC), started Sunday on a volatile note, as its price crashed by more than USD 800 in 25 minutes after topping USD 12,000.
At pixel time (06:31 UTC), BTC trades at USD 11,261, after somewhat rebounding from USD 11,130, compared with USD 12,041, reached...
Ethereum Won't Give Its USD 4bn DeFi Throne to EOS, Tron Anytime Soon
1.8.2020
Most of the total value locked (TVL) into DeFi (decentralized finance) is locked into Ethereum (ETH)-based platforms, and in the short term, it seems like things are going to stay this way.
As for the longer term, industry observers told Cryptonews.com that Ethereum will remain the dominant DeFi...
USD 1m Rich Bitcoin Addresses Up 38%, KR1 Made USD 2.6m + More News
31.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
After a recent bitcoin (BTC) rally, the number of BTC addresses holding at least USD 1m has surged by 38% to around 18,000...
Bitcoin Is a Better Hedge Against USD Than Gold
30.7.2020
Enjoying a stronger negative correlation with the U.S. dollar than gold, Bitcoin may start to present a more attractive alternative to both in the eyes of the investors
The Snapshot of The Bitcoin Rally to USD 11,000
28.7.2020
As bitcoin (BTC) continued its surge higher after breaking through the crucial USD 10,000 level on Sunday and hitting USD 11,000 on Monday, a number of metrics show how much has the interest in the most popular coin increased in the past few days.
Trading volume
While on Monday it reached...
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...
BTC-funded Escape, 1,000 Twitter "Gods," Bitcoin Suisse Gets USD 49m + More News
24.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
Ex-Nissan chief Carlos Ghosn’s son sent some USD 500,000 in bitcoin (BTC) to an American suspected of helping Ghosn escape, said...
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...