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Bitcoin News Roundup for Sept. 8, 2020
8.9.2020
With investors buying the bitcoin dip and staying bullish on options, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Ukraine, Russia, Venezuela Beat China & US in Crypto Adoption + More News
8.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Ukraine, Russia, and Venezuela have taken three top spots in the Global Crypto Adoption Index, announced by Chainalysis today. "While trading...
Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge
8.9.2020
Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. Latin American Bitcoin Adoption Blockchain data analytics firm...
Lightning Network-Based Derivatives Exchange Gets Investment from Bitfinex
8.9.2020
LN Markets, the first bitcoin (BTC) derivatives exchange built on top of the Lightning Network (LN), today announced that it has closed its pre-seed funding round, with crypto exchange Bitfinex, bitcoin-focused investment firm Fulgur Ventures, and crypto research and asset management firm Arcane...
Digital Platform for Smart-Contracts Barter Smartplace: Future Unicorn of Decentralized Commerce Sells Tokens With a 50% Discount
8.9.2020
The Barter Smartplace blockchain ecosystem team believes that closing deals in the fast-paced digital age can be as fast, reliable, and efficient as using online-banking. However, without the participation of intermediaries, the execution of contracts, and the physical presence of both parties,...
First Mover: SushiSwap’s Billion-Dollar ‘Rug Pull’ Is Thriller to Crypto Geeks
8.9.2020
The "Sushi rug pull" is a gripping drama in the fast-moving arena of decentralized finance, which apparently is still limited to crypto geeks
Bitcoin options data shows traders anticipate BTC price to fall soon
8.9.2020
After a 17% drop in the Bitcoin price within a seven-day span, options market data shows investors are turning cautious
Just Eat adds Bitcoin payments for 15,000 restaurants in France
8.9.2020
The price of Bitcoin will be calculated depending on its current price on Bitpay and the delivery platform
Bitcoin ‘plankton’ wallets hit record — plus 4 more bullish BTC charts
8.9.2020
Both big and small hodlers are amassing BTC, statistics confirm, a trend which has only accelerated as the United States prints more dollars
Bitcoin Options Suggest Investors Hedging but Still Long-Term Bullish
8.9.2020
Bitcoin's options market retains long-term bullish bias despite the recent price pullback, data shows
Cryptocurrencies Now Accepted for 15,000 Restaurants in France on Just Eat
8.9.2020
Food orders from over 15,000 restaurants in France can now be paid with bitcoin and a number of other cryptocurrencies through a major online food ordering website, Just Eat. Just Eat Accepts Cryptocurrencies for Restaurants in France Online food ordering platform Just Eat has begun accepting...
Bitcoin Bull Tim Draper Finds Himself In Bitcoin Cash Shilling Mystery
8.9.2020
There is a reason to doubt that it was in fact the well-known US-based venture capital investor and Bitcoin (BTC) enthusiast Tim Draper who was recently promoting Bitcoin Cash (BCH) on Twitter. A twist in the story is that it might've been a hacker all along, while others suspect a paid post gone...
Bitcoin Consolidates, Altcoins Show Mixed Results
8.9.2020
Bitcoin price retested the USD 10,000 support zone, but the bears failed to gain strength. BTC remained well bid above USD 10,000 and it is currently (08:30 UTC) moving higher. Having said that, the price must settle above USD 10,400 and USD 10,500 to start a steady recovery wave.
Similarly, most...
New Bitcoin-stablecoin metric reveals ‘intense’ buy pressure — analyst
8.9.2020
Bitcoin is seeing continued “intense buy pressure,” says CryptoQuant, as $10,000 proves attractive for market entrants
Bitcoin Diamond Loses a Subsequent Demand due to Price Slash
8.9.2020
Bitcoin Diamond is believed to be better and more multifaceted than cash and holds lower transaction fees than any credit card would otherwise charge. Alongside this, it also extends stupefying exchange rates than any centrally backed currency leading to quick transactions with complete ease....
Bitfinex Invests in Derivatives Exchange Built With Bitcoin’s Lightning Network
8.9.2020
The raise came after the new trading platform reached nearly $10 million in aggregate trading volume
Bridge Oracle IEO Launches with Bitcoin.com Co-Founder Mate Tokay as Advisor
8.9.2020
8th September, 2020, Kuala Lumpur, Malaysia – Bridge Oracle may very well be on the cusp of achieving the holy grail of the crypto-sphere: mass adoption. Between blockchain’s theoretical superiority based on hard code, and the nuanced language that is real life, it finally provides the means...
Crypto Volumes Surge in August: Binance Largest Spot Exchange as Huobi Leads Derivatives
8.9.2020
The latest report by Cryptocompare shows August spot cryptocurrency traded volumes by the 15 largest top-tier exchanges increased by 58.3% to $529 billion versus July figures. Low tier exchanges volumes, on the other hand, increased by 30.2% to end the month of August with a total of $291 billion....
Was Tim Draper’s support of BCH the result of a hack?
8.9.2020
The crypto investor may not have promoted Bitcoin Cash on Twitter after all
$700 Million Worth of Synthetic Bitcoin Is Circulating on the Ethereum Blockchain
8.9.2020
According to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain. Out of the six synthetic bitcoin token projects, wrapped bitcoin (WBTC) commands the largest number of coins with over 63% and 44,622 WBTC. Synthetic bitcoin...