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South African Bitcoin-Based Trading Firm Investigated for Fraud
19.8.2020
After promising on its website to “take the hassle out of forex trading by doing it all for you,” a South Africa-based company is now under investigation by the country’s financial regulator, saying that the return figures which the company flashes seem “far-fetched and unrealistic.”
Per a press...
First Mover: Money Legos Turn ‘Exuberant’ as Chainlink Stripped of ‘DeFi’
19.8.2020
This year's growth in the cryptocurrency subsector DeFi has been so remarkable that some analysts are now calling the phenomenon "exuberant."
Only ‘Something Unexpected’ Can Stop Bitcoin Price Bull Run — Bloomberg
19.8.2020
Bitcoin’s “appreciation” will continue unless a freak occurrence interrupts it, says Bloomberg Intelligence
Bitcoin’s Bull Run is Slowing – Pullback Now Expected
19.8.2020
Some analysts are now predicting further price corrections after bitcoin fell back below the $12,000 milestone on Tuesday
PlanB, Glassnode Bullish on Bitcoin as Price Enters ‘Belief’ Zone
19.8.2020
While the pseudonymous analyst behind the bitcoin (BTC) stock-to-flow (S2F) model and an on-chain analysis firm are both expressing their bullishness on bitcoin, market sentiment is steadily improving for the number one cryptocurrency.
PlanB, the analyst behind the popular and sometimes...
Bitcoin and Altcoins Trim Gains As Market Takes Much Needed Break
19.8.2020
Bitcoin price failed to extend gains above USD 12,500 and started a corrective decrease. BTC declined below the USD 12,200 and USD 12,000 support levels. The price is currently (08:30 UTC) trading below USD 12,000 and it might continue lower towards the USD 11,550 support zone.
Similarly, most...
98% of All Bitcoin Is Now Worth More Than When You Bought It
19.8.2020
At around $12,000, buying Bitcoin has been a profitable activity on 97.6% of all days since April 2013, data confirms
Bitmain Retains Only a ‘Minuscule Lead’ Over Competitor Microbt Amid Ongoing Power Tussle, Says Report
19.8.2020
Bitcoin mining hardware maker Bitmain still has a “minuscule lead” over competitor Microbt despite the former’s ongoing power struggle and supply chain issues, according to Bitmex. Researchers at the derivatives exchange tested flagship products from the two companies...
Bitcoin Mining Difficulty Set for a New All-Time High
19.8.2020
Bitcoin (BTC) mining may rise to become the most difficult it's ever been in five days from now. Meanwhile, miners continue spending.
If the BTC.com estimates come true, bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, will rise nearly 3% during its next...
Turkey Residents Panicking Over Massive Inflation
19.8.2020
Turkish are losing faith in its local fiat currency, with confidence in the lira falling 20% this year
REN Price Surges With 10,000 Bitcoin Tokenized on RenBTC
19.8.2020
DeFi token Ren surges as tokenized BTC grows in popularity
Big Brother Nigeria Housemates Participate in Bitcoin Quiz, Get $500 BTC as Reward
19.8.2020
Eighteen housemates of Nigeria’s version of Big Brother took part in a bitcoin quiz with each participant getting $500 worth of BTC as prize money. Big Brother Naija (BBN) reportedly agreed to this unusual step as part of moves to offer more than just entertainment to its audience. As part...
UK Newspaper The Independent Covers Bitcoin’s Mid-Pandemic Bull Run
19.8.2020
The Independent covered the bull run for its 24 million subscribers
Report: Bitcoin Untied from the Economic Cycle, ‘Largely Uncorrelated to Other Asset Classes’
19.8.2020
On Tuesday, Coinshares Investment strategist James Butterfill published a report which shows that bitcoin is a unique asset, but is “largely uncorrelated to other asset classes” like commodities and traditional stocks. Coinshares Investment strategist James Butterfill published a...
Bulgarian Startup Will Pay You Bitcoin When Your Flight Is Delayed
19.8.2020
The Colibra app is providing a means for air travelers delayed for any reason to receive compensation in crypto
Bitcoin Price Prepares for $12,900 After Key Support Level Is Retested
19.8.2020
Bitcoin bulls are attempting to flip the $12,000-$12,200 range to support in order to kickstart a rally to $12,900
Riot Blockchain Supercharges Mining Ops With 8,000 More Bitmain Rigs as Bitcoin Price Soars
19.8.2020
Company executives say Riot Blockchain is on track to become cash flow positive later this year
A Critical Mass Of Long-Term BTC HODLers Seem To Be Making $100k Inevitable
18.8.2020
“Determing Bitcoin’s potential future value” instead of just solo “value.”
Trading Light: A New Approach to Bitcoin Derivatives
18.8.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Cryptocurrency derivatives have been carving out their market for half a decade now, and a June report by data analytics company CryptoCompare shows that they now make up 32% of the market and have been...
Vitalik Buterin Sold His Ether for Fiat, Not Bitcoin
18.8.2020
But he didn’t sell anywhere near the top