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Structural Issues May Be Causing BitMEX’s Low Bitcoin ‘Cash and Carry’ Returns
10.9.2020
BitMEX may be one of the largest crypto derivatives platforms, but it offers the lowest return on bitcoin "cash and carry" trades
Bitcoin and Altcoins Start To Show Signs of Fresh Increase
10.9.2020
Bitcoin price started a decent recovery wave above USD 10,250 and USD 10,300. However, BTC struggled to clear the USD 10,400 and USD 10,500 resistance levels. It is currently (08:30 UTC) trading near USD 10,250 and it might find bids near USD 10,150 in the short-term.
More importantly, a few major...
Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report
10.9.2020
Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June, according to new research by U.S. crypto analytics firm Chainalysis. Altogether, $8 billion worth of crypto was received into the continent and $8.1 billion sent...
Future Tesla S&P 500 inclusion may lead to Bitcoin price rally — Analysts
10.9.2020
Tesla and Bitcoin price surged higher after recovering from a sharp correction, leading analysts to take a closer look at the BTC to S&P 500 correlation
Small value crypto transfers in Africa have increased by 55%
10.9.2020
Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year
DistX is Taking the Crypto World by Storm
10.9.2020
After selling out their own token sale in just 57 seconds in late August, DistX have been making headlines and attracting a lot of attention. The reason for the hype? Their unique tokenomics offering some of the most interesting and significant rewards to DISTX token holders. DistX is building...
SWIFT Says Criminals Prefer Cash for Money Laundering, Not Cryptocurrency
10.9.2020
A new report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) says cryptocurrency is seldom used for money laundering activities compared to fiat or other traditional methods. Despite the perception that crypto assets are a preferred haven for illegally acquired funds...
Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist
10.9.2020
When it comes to bitcoin, Singapore's DBS Bank sees a "pandemic-led acceleration of adoption."
Ren and UMA launch a Bitcoin-backed yield dollar
10.9.2020
A new Bitcoin backed yield dollar from Ren and UMA enables liquidity mining for BTC holders
6 Members of the Multi-Billion Dollar Plustoken Scam Charged With Fraud in China
10.9.2020
Following the arrest of 109 accused members of the $6 billion Ponzi scheme called Plustoken, six alleged members of the team were prosecuted according to a court filing submitted on Monday. The prosecutors say the individuals are “suspected in organizing and leading criminal pyramid...
Crypto Exchange Currency.com Offers Belarus Employees Vilnius Escape Route
10.9.2020
Crypto companies may look to exit Belarus as political unrest deepens in the EU's Eastern neighbor, usurped by "the last dictator in Europe" Alexander Lukashenko.
Per TUT.by, the Minsk-based Currency.com platform, which claims to be the world's first regulated tokenized securities...
‘My heart is crypto’ — Dave Portnoy says he’s back into Bitcoin trading
9.9.2020
After a brief hiatus from crypto trading, Dave Portnoy says he’s coming back to Bitcoin, but are there other reasons for his return?
Blockchain’s demographics seem to be shifting in surprising ways, says new report
9.9.2020
The reasons behind these changing tides were not immediately apparent, however
Crypto markets 'between a rock and a hard place,' Peter Brandt says
9.9.2020
Both Bitcoin and Ethereum appear to be treading water
Market Wrap: Bitcoin Makes Headway to $10.3K; Ether Volatility Highest Since May
9.9.2020
Bitcoin is making some modest price gains while the ether roller coaster gathers more steam
Targeted by IRS? What Cryptocurrency Owners Should Know
9.9.2020
The U.S. Internal Revenue Service (IRS) has started sending out new letters to cryptocurrency owners suspected of owing crypto-related taxes. A tax expert has shared with news.Bitcoin.com what crypto owners should know, including how to handle tax letters from the IRS and avoid an audit. How...
Owning a Bitcoin ATM is about to get a lot harder in Germany
9.9.2020
Blockchain regulation continues to increase and it isn't likely to slow down any time soon
3 reasons why the Bitcoin dominance metric is a flawed indicator
9.9.2020
Bitcoin dominance rate is a metric cited by many when forecasting altcoin and BTC rallies but is the indicator reliable?
Binance Takes The Largest Piece of Crypto Activity Pie in Africa
9.9.2020
Africa’s on-chain cryptocurrency activity has consolidated onto the ten largest services in the region by volume over the course of the last year, with "a large portion of that activity" going to Binance, according to blockchain and analytics specialist Chainalysis.
The ten largest...
Belarus Non-Profit Helps Protestors With Bitcoin Grants
9.9.2020
A non-profit by tech entrepreneurs in Belarus is using Bitcoin to help dissidents get around repression and financial monitoring