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Report: Investors Are Dumping Compound Token as Soon as It Gets Listed
17.7.2020
A report from Flipside Crypto contends that investors are dumping Compound tokens as soon as it gets listed on exchanges with the majority of the supply held by speculators
Bank of Thailand Enters Third Phase of CBDC Development; Now “Using CBDC with Big Businesses”
17.7.2020
The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. The report by The Nation of Thailand quotes Vachira Arromdee, BOT assistant governor saying...
Market Outlook: Crypto Economy Sheds $10B Overnight, Exchange Inflow and Sell Pressure Rises
16.7.2020
The overall market capitalization of all 5,700+ cryptocurrencies in existence lost around $10 billion during the overnight trading sessions. Most crypto assets have lost 2-5% in value during the last 12 hours, and a number of speculators blame the recent Twitter hack. The price of bitcoin (BTC)...
Grayscale Crypto Investments Add Nearly $1 Billion in Q2 — Bitcoin Trust Posts Record Quarter
16.7.2020
Grayscale Investments has posted a record quarterly performance, having added almost $1 billion, which nearly doubled its previous quarterly high. 84% of the investments were from institutional investors. The cumulative investment across all of its crypto products has reached $2.6 billion....
Study: Exchanges Accepted $1.3 Billion in Bitcoin Stemming from ‘High-Risk Addresses’
16.7.2020
A recently published report from the research and analysis firm Peckshield indicates that during the last two quarters of 2020, cryptocurrency exchanges accepted 147,000 BTC ($1.3 billion) from high-risk addresses. During the last few years, blockchain research and surveillance firms have been...
New Grayscale Report: Digital Assets Fund Adds $905M in Record Quarter
15.7.2020
Grayscale Investments Q2 report shows a record $905 million inflow as institutions continue to move into Bitcoin, Ethereum and other digital assets
King of Stablecoins, Tether, Faces Regulatory Uncertainties - Report
15.7.2020
Source: iStock/standret, Cryptonews.com
Despite being used widely, stablecoins – and tether (USDT) in particular – may face an uncertain future as governments step up their regulatory scrutiny of the sector, a new report from crypto research firm Coin Metrics said.
The most popular stablecoin...
Darknet Markets Are Mixing Bitcoins at Blistering Pace: Report
15.7.2020
Darknet markets mixed $67 million in bitcoin in Q1 2020, a staggering jump from 2019's Q1 total of $3 million
Japan Is Seriously Considering a Digital Yen: Report
15.7.2020
As rivals and allies move forward with their own CBDC plans, Japan will seriously consider a digital yen as part of this year's policy agenda
Report: Big Four Firms to Become 'Crucial Part' of DeFi Ecosystem by 2030
15.7.2020
DeFi will see a number of bullish developments over the long term, the latest dGen report alleges
FBI Report on Laundering by Private Funds Cites OneCoin Fraud in All but Name
15.7.2020
OneCoin, an infamous crypto fraud, makes an uncredited cameo in a leaked FBI intelligence bulletin on the money laundering risks of investment funds
Another Chinese Giant, Meituan Dianping, Might Test Digital Yuan – Report
15.7.2020
The rollout of China’s much-discussed central bank digital currency (CBDC) is getting one step closer, as the People’s Bank of China (PBoC) – the country’s central bank – is said to have entered into discussions with a giant online food delivery platform for a trial of the digital yuan.
Citing...
A Panel of Experts See Bitcoin Averaging $12,948 by Year End
14.7.2020
A panel of experts is predicting the price of bitcoin will rise to $10,337 by September before adding a further $2,611 to end the year at $12,948. The findings are drawn from a Finder Cryptocurrency Predictions Report for July 2020 and the latest figure is roughly $2,500 less than the price...
Youtube Helps Scammers Steal $130,000 in Bitcoin From Investors Daily: Report
13.7.2020
Scammers raked-in $24 million in bitcoin during the first six months of 2020, according to a new report from crypto monitoring service Whale Alert. Cyber-thieves are finding it very easy to fool people of their bitcoin (BTC} because their schemes have become believably professional and aggressive...
Bitcoin’s Correlation With Gold Is Weakening, Says New Kraken Report
10.7.2020
A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility
Bitcoin Started Moving in Sync With S&P 500, Volume Dropped, Kraken Says in June Volatility Report
9.7.2020
According to the crypto exchange’s report, June was the most uneventful month for Bitcoin (BTC) trading since February and was marked by a reversal in correlation trends with gold and the S&P 500
Major Bitcoin Exchange Coinbase Prepares For Stock Market Listing - Report
9.7.2020
US-based major crypto exchange Coinbase could list its shares on a stock exchange this year or early next year, Reuters reported, citing "three people familiar with the matter."
The company has already been in talks to hire investment banks and law firms, the report said, adding that...
$1.4M in Bitcoin Transactions: New High for Argentina as Confidence in the Peso Tanks
9.7.2020
Crisis laden Argentina saw bitcoin transactions worth $1.4 million (101 million pesos) being recorded in the past week, a new high for the country. According to a report by Vorem, this figure is nearly double the previous high of $0.96 million recorded in the last week of June. Citizens who have...
Renters Threaten US Real Estate Market, 20 Million Americans Face Eviction
8.7.2020
The aftermath of the coronavirus-provoked business shutdowns in the United States caused a number of market observers to focus on the U.S. real estate and rental markets. As the federal moratorium on evictions reaches its expiry, a recent Aspen Institute report reveals that 20 million renters...
South African Investors to Lose $13 Million as Bitcoin Scammer Declared Bankrupt
7.7.2020
A South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled investor, Simon Dix, a News24 report states. Willie Breedt is the CEO of the defunct Vaultage Solutions (VS), the company at the center...