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USD 9K Bitcoin Leads Crypto Rally as Exchanges See Massive Volumes
30.4.2020
Both bitcoin (BTC) and the broader crypto market saw another strong day today that brought the price of bitcoin past the USD 9,000 level, after also recording gains across the board yesterday. The gains came as sentiment in the market improved even more after bitcoin recovered all of its losses...
Bitcoin Inches Towards USD 8K, Altcoins Target Additional Gains
29.4.2020
After a long struggle, bitcoin price was able to break the USD 7,800 and USD 7,850 resistance levels. BTC/USD is currently (08:30 UTC) gaining bullish momentum and it might to continue higher above USD 8,000 and USD 8,050. The next major resistance is near USD 8,320 and USD 8,400.
Also, there were...
S2F Bitcoin Price Model’s Author Strikes Again With USD 288K Target
28.4.2020
A new twist of the popular bitcoin (BTC) stock-to-flow (S2F) model has recently been published by the model’s pseudonymous creator Plan B. And judging from the updated model, S2F believers may now hope that BTC will hit almost USD 300 in a few years.
The updated price model, dubbed the Bitcoin...
Coinbase Launches Price Feed to Help Secure $1 Billion DeFi Economy
25.4.2020
Cryptocurrency exchange Coinbase has released a price oracle that allows anyone to publish price data on-chain. The Coinbase Oracle, a signed price feed, grants users free access to data for BTC-USD and ETH-USD markets, the company announced Thursday. The idea is to make decentralized finance more...
Another Prominent Investor Says Bitcoin Could Hit the USD 1m Mark
24.4.2020
Raoul Pal. Source: a video screenshot, Youtube/Real Vision Finance
Another prominent Bitcoin bull is tipping bitcoin (BTC) to reach a price of USD 1 million within the next few years, just over a year IBM’s former head of crypto made a similar prediction, following on from eccentric tech magnate...
XRP/USD Initiates Bull-run; $0.197 Seems Imminent
24.4.2020
XRP price has gone past a major resistance of $0.1945, and it may soon breach its 50 days MA at $0.1951 The next resistance point seems likely at $0.197, with support hanging around $0.187 XRP has failed in getting back to its previous glory despite the fact that many other coins, including...
Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations
24.4.2020
Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain...
How Have Petro Prices Stayed Stable While Crude Oil Falls Below USD 0?
23.4.2020
The coronavirus pandemic has wrought financial chaos for all sorts of assets and commodities – including a massive crypto dip and plummeting oil prices.
But with a barrel of crude diving into the negative zone earlier this week before recovering – a crypto-related mystery is developing. How is that...
Money Reimagined: Demand for USD Stablecoins Foreshadows Financial Disruption
17.4.2020
The pandemic has increased demand for USD-backed stablecoins, raising the prospect of "crypto-dollarization." The implications are enormous
Startup Founder Sells USD 20,000 of Personal Tokens in a 'Human IPO'
14.4.2020
A crypto entrepreneur has completed the sale of his personal tokens on the Ethereum (ETH) blockchain, raising over USD 20,000 to invest in his future business endeavors.
Alex Masmej is a startup founder in his 20s who launched a for-profit DAO (decentralized autonomous organization) offering loans...
Bitcoin Below USD 7,000 Again, Altcoins Struggling to Recover
13.4.2020
In the past 3-4 days, there was an increase in selling pressure on bitcoin after it broke the USD 7,200 support area. BTC/USD traded below the USD 6,850 support and it could continue to move down towards the USD 6,550 and USD 6,200 support levels in the near term.
Similarly, almost all major...
Bitcoin Drops Below USD 7,000, Altcoins Follow
10.4.2020
After multiple failures to clear the USD 7,400 resistance area, bitcoin price reacted to the downside. BTC/USD broke the USD 7,250 and USD 7,120 support levels to move into a short term bearish zone. BTC is down more than 5% (08:30 UTC) and it could continue to move down.
Similarly, most major...
Profit-Taking Keeps Bitcoin in Tight Range as Fed Reopens Spigot
9.4.2020
Bitcoin and ether fell slightly Thursday as traditional markets climbed on additional stimulus measures by the U.S. Federal Reserve and Bank of England
Software Engineer Cracks Encrypted File To Recover USD 300K in Bitcoin
6.4.2020
Once upon just recently, there was a software engineer with two decades of experience in cracking codes, who used a set of complicated steps to recover keys for a "Russian guy's" bitcoin (BTC).
Mike Stay is the CTO of Pyrofex, a startup that creates blockchain platforms and decentralized...
Bitcoin Surges Past USD 7,000, Altcoins Gaining Traction
6.4.2020
In the past two sessions, there were positive moves in bitcoin price above the USD 6,850 resistance. More importantly, BTC/USD climbed above the key USD 7,000 resistance to move into a bullish zone. The current (08:30 UTC) price action is positive, suggesting more upsides above the USD 7,200...
Cryptocurrency Now Accepted at Arkansas Jewelry Retailer
2.4.2020
Diamond Gems Jewelry, in Jonesboro, AR has launched a new E-Commerce website accepting multiple forms of Cryptocurrency including Bitcoin, Bitcoin Cash, Dai, Ethereum, Litecoin, USD Coin and you can even pay using your Coinbase account.
The post Cryptocurrency Now Accepted at Arkansas Jewelry...
Major Swedish Bank Fined $386 Million for Hiding Money-Laundering Evidence
2.4.2020
Sweden’s Financial Supervisory Authority (FSA), ’Finansinspektionen’, has fined Swedbank a record sum of 4 billion Swedish krona ($386m) for breaching anti-money laundering regulations on a large scale. Around USD 6 billion had been funneled between suspected accounts.
The post Major Swedish Bank...
Scammers Raise USD 4.9m in Ethereum in 2 Months + More News
1.4.2020
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.
Crime news
A South Korean scam operator has reportedly gathered around USD 4.9 million in ethereum (ETH) as part of a multi-level...
USD 9bn Bitstamp and Korbit Owner NXC to Launch New Crypto Exchange
31.3.2020
NXC, the South Korean operator of the Bitstamp and Korbit cryptocurrency exchanges, has launched a new crypto subsidiary, with plans to open a third trading platform.
NXC is the holding company of gaming giant and business group Nexon, and officially unveiled its new Arques subsidiary on March...
Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs
31.3.2020
While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market...