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Bitcoin market cap will match JPMorgan’s if the $16.5K CME gap closes
14.9.2020
At $16,500, Bitcoin’s market cap would match that of JPMorgan, illustrating just how early the crypto sector is in its growth phase
MicroStrategy Board makes Bitcoin its primary reserve currency, may increase its holdings beyond $250M
14.9.2020
MicroStrategy has outperformed Nasdaq since buying BTC. Now it's doubling down
Blockchain Bites: Big Bitcoin Bets, SushiSwap Drops, bZx Attacked
14.9.2020
Derivatives traders have placed bets bitcoin will hit $36,000 by year's end while bZx fell victim to yet another hack
Bitcoin News Roundup for Sept. 14, 2020
14.9.2020
As some bitcoin options traders bet on new all-time highs and another DeFi protocol is attacked, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Max boredom: potential Bitcoin scenario with low volatility until 2021
14.9.2020
The price of Bitcoin broke out of the $10,570 resistance level, possibly marking the start of a new range but some traders remain neutral in the medium term
Bitcoin’s Jump to $10.7K Ends 10-Day Sideways Trend
14.9.2020
Bitcoin advanced on Monday, ending a 10-day-long price consolidation, as the U.S. dollar weakened against gold and fiat currencies
Defi Protocol Bzx Loses $8.1 Million in Third Hack This Year
14.9.2020
So called decentralized finance (defi) lending platform Bzx on Sunday lost $8.1 million in a new hacking attack, the third this year, caused by a flawed code in its smart contracts. The bug allowed the hacker to mint 219,200 LINK tokens (valued at $2.6 million); 4,503 ETH ($1.65 million); 1,756,351...
The Crypto Firms Collaborating on a Swiss Franc Stablecoin
14.9.2020
“Coopetition” is an ungainly term at the best of times. But it appears that’s what’s happening among Swiss stablecoin issuers
‘Time to go up’ — Bitcoin price due for a push to $100,000, says PlanB
14.9.2020
The original stock-to-flow model is calling time on Bitcoin’s phase at around $10,000, and it’s not been wrong so far
BitMEX Research Installs Blockstream Bitcoin Satellite System
14.9.2020
Research and development arm of BitMEX, the Seychelles based crypto exchange, BitMEX Research announced on Monday that it has installed the Blockstream Bitcoin Satellite system which will allow it to download and verify BTC’s blockchain without internet connection. In the official Twitter thread...
First Mover: As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve ‘Capture’
14.9.2020
Though no fresh stimulus is expected this week from the Fed, bitcoiners betting on money printing could just wait for the next sell-off in U.S stocks
Can Binance Coin hit $40? BNB faces last hurdle before all-time highs
14.9.2020
Binance Coin has been one of the few altcoins in September that has surged in price, but breaking $35 will be a major challenge for BNB
DeFi Defied: Five Key Benefits The COV Token Will Bring To Covesting
14.9.2020
In the ever-evolving crypto market that never sleeps, new trends and coins are popping up every passing day. The recent decentralized finance explosion has only hastened the pace at which fly-by-night coins are being created. At the same time, however, the booming bandwagon has also shed light...
Against the Odds, Some Bitcoin Traders Are Betting on a $36K Price by Year’s End
14.9.2020
The Deribit exchange has seen a spike in investors buying the $36,000 December call option despite the market placing low odds on a new record high this year
Bitcoin Whales Using 2020 to Accumulate BTC - Research
14.9.2020
Large bitcoin (BTC) buyers used the market crash in March to increase their holdings while the largest "whales" became most active this past summer, a new report suggested.
After exploring transaction data on the Bitcoin blockchain that happened between January 2020 and the beginning...
Fed, oil and record hash rate: 5 things to know in Bitcoin this week
14.9.2020
BP says world oil demand peaked in 2019 as central banks make “unconventional” policy the norm — and that’s all good for Bitcoin
Bitcoin and Altcoins Dip Remains Attractive To Buyers
14.9.2020
After a decent recovery wave, bitcoin price struggled to continue above USD 10,500. As a result, BTC corrected lower, but the bulls defended the USD 10,200 support. The price is currently (08:30 UTC) rising and it seems like the bulls might attempt another break above the USD 10,550 and USD 10,600...
Sushiswap’s 2 Million Token Airdrop: Founders Face Accusations of ‘Making Defi a Joke Again’
14.9.2020
Sushiswap’s new leader and FTX CEO Sam Bankman-Fried tweeted on September 12 that the promised 2 million token airdrop would go on as scheduled. The process was expected to last up to two hours or less depending on network congestion. The airdrop caps an eventful week for Sushiswap that...
The Moss Piglet Dilemma: Paypal Bans Payments to Merchants Using the Word ‘Tardigrade’
14.9.2020
The popular payment provider Paypal has been known for cutting off a number of merchants and organizations over the years. This week, the public found out that Paypal has been censoring merchants that sell items related to the name “tardigrade” just because a Balkan arms dealer uses...
NFT Economy Grows Exponential: $1M in Non-Fungible Token Sales Last Week
14.9.2020
While a number of people are focused on decentralized finance (defi), the non-fungible token (NFT) industry has also exploded in demand in 2020. Last week, NFT sales soared nearing a million dollars in volume, as the blockchain-based Sorare fantasy soccer card game saw over $221,000 in sales during...