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Bitcoin, Ethereum and Altcoins Lose Momentum
3.9.2020
Bitcoin price started a sharp downward move after it failed to stay above the USD 11,650 support. BTC even declined below the key USD 11,550 support and revisited USD 11,200. It is currently (08:30 UTC) correcting losses, but it must surpass USD 11,550 for a fresh rally.
Similarly, most major...
Hacking of PM Modi Happened at Bad Time for Indian Crypto Industry
3.9.2020
Narendra Modi. Source: A video screenshot, Youtube/Narendra Modi
An apparent hacking of Indian Prime Minister Narendra Modi’s Twitter account by attackers seeking to scam people into sending cryptocurrency came at a bad time for the industry in India, where the government is still working out what...
Digital Bank Revolut Expands Crypto Buying and Selling Service to Australia
3.9.2020
The U.K.-based fintech firm has opened up its cryptocurrency services to Australian residents for the first time
Crypto Exchanges Worried: Police Continue Bithumb Fraud Probe
3.9.2020
Source: Adobe/david_franklin
Further details are emerging about the Seoul Metropolitan Police Agency’s all-day raid on Bithumb, South Korea’s leading crypto exchange on suspicions of fraud and embezzlement.
A Seoul-based employee at a rival South Korean crypto exchange who asked not to be named...
Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case
3.9.2020
South Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of an investigation of fraud allegedly committed by the organization’s main shareholder. With the recorded number of visitors to the platform touching 4.11 million between May...
Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak
3.9.2020
Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid...
Scam warning as Columbia’s President ‘endorses’ Bitcoin Era
3.9.2020
Not even the Colombian president is exempt from being impersonated by Bitcoin scammers
US Hopes to Confiscate $400M: DoJ Files Forfeiture Judgment Against Onecoin Launderer
3.9.2020
Prosecutors from the Southern District of New York (SDNY) court have submitted a “forfeiture money judgment” against the former attorney Mark Scott. The lawyer was charged with helping the Ponzi scheme Onecoin launder funds. The U.S. Department of Justice (DoJ) claims that Scott helped...
Your crypto is not outside government reach, VC firm partner says
3.9.2020
An anti-thesis to some of industry's core concepts
$1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases
3.9.2020
The U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive number of mortgage defaults stacking up like never before. Amid the looming real estate chaos, the Centers for Disease Control and Prevention (CDC) enacted public...
CEO shares an early adoption story about selling Bitcoin inside various Taco Bells
3.9.2020
Bitcoin goes quite well with tacos
Pieter Wuille will continue to work with Blockstream despite his recent move to Chaincode Labs
2.9.2020
Wuille will continue contributing to a new Multi-Signature standard for Bitcoin
Market Wrap: Bitcoin Falls to $11.1K; Ethereum Miners at Record Fee Percentage
2.9.2020
The bitcoin market went bearish as the price dipped while DeFi fees as a percentage of revenue for Ethereum miners is at an all-time high
Pornhub Accepts Bitcoin: Top Adult Site Expands Cryptocurrency Payment Options
2.9.2020
Pornhub now accepts bitcoin as the platform expands its cryptocurrency payment options. The leading adult video streaming website has over 12 million videos, more than 130 million daily visitors, and was visited 42 billion times last year, according to the platform. Pornhub Accepts Bitcoin Pornhub...
Around the Crypto World in 15 Charts: CoinDesk Research’s August Review
2.9.2020
In 15 charts, the CoinDesk Monthly Review for August details BTC's performance, its relationship to fiat currencies and Ethereum’s growing congestion problem
Price analysis 9/2: BTC, ETH, XRP, LINK, BCH, LTC, BNB, CRO, BSV, ADA
2.9.2020
If the bearish patterns on Bitcoin and altcoins complete the current correction could see prices drop to new lows
Max Keiser thinks Warren Buffett will move soon to Bitcoin soon
2.9.2020
Max Keiser joined us for a discussion on Warren Buffett’s turn away from fiat
Bitcoin Ups Its Dominance As Altcoins Bleed More, Led by DeFi Tokens
2.9.2020
The crypto market has intensified its correction today, sending the total market capitalization down by more than 6%, to USD 371bn, while the majority of top altcoins dropped against bitcoin (BTC).
BTC itself lost 5% in a day and is trading at USD 11,328 (UTC 17:15). The price is also down by 1.5%...
What now for Bitcoin price? September starts with abrupt BTC sell-off
2.9.2020
Bitcoin’s new monthly candle has been met with a fierce sell-off. Traders explain bearish and bullish scenarios for BTC
Retail Trading Platforms Pile Into $5M Funding Round for Zero Hash Crypto Settlements Firm
2.9.2020
Three trading platforms focused on the retail market have participated in the $4.75 million Series C for a crypto settlement service