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Square’s Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711%
6.8.2020
Square Inc. has reported a significant bitcoin revenue increase in the second quarter. Its Cash App generated $875 million in revenue, a 600% increase from the previous year. In addition, Square’s bitcoin gross profit jumped 711%. Square Cash App’s Bitcoin Revenue Square released...
Bitcoin Price Nears $12K Again as Gold Correlation Hits Record
6.8.2020
$12,000 is firmly back on the cards as daily gains top 2.2% and Bitcoin erases the effect of its weekend plunge
Grayscale Ethereum Trust Files To Become An SEC Reporting Company
6.8.2020
Grayscale Ethereum Trust files to become an SEC reporting company amidst the Ethereum bull run
Bitcoin Entering ‘New Adoption Cycle,’ Coin Metrics Exec Says
6.8.2020
User adoption looks to be gathering pace as bitcoin's price rises amid a coronavirus-induced rush for assets with safe-haven appeal
Bitcoin Entering ‘New Adoption Cycle,’ Messari Says
6.8.2020
User adoption looks to be gathering pace as bitcoin's price rises amid a coronavirus-induced rush for assets with safe-haven appeal
OKCoin Exchange Awards Grant to One of Bitcoin Core’s Most Active Developers
6.8.2020
The grant from OKCoin will allow Bitcoin developer Marco Falke to continue the maintenance work he's done since 2016, like reviewing proposed code changes
OKCoin’s Fourth Developer Grant Recipient Brings Total Grants to Over $500K
6.8.2020
OKCoin developer grants total over $500,000 with the latest grant going to Bitcoin’s most active contributor since 2017
The Salty Battle of Two Bs - Bitcoin's Adam Turns Back on Ethereum's Vitalik
6.8.2020
Fans of the two top projects by market capitalization - Bitcoin (BTC) and Ethereum (ETH) - are well-known rivals, occasionally turning enemies, but continuing the same fight over the two's differences for what might be too long at this point.
The latest round of arguments and accusations begun...
First Mover: Bitcoin Rises More in One Day Than Stocks Have Gained All Year
6.8.2020
Bitcoin prices surged 5% Wednesday, outpacing stocks and gold amid calls for more government stimulus to stem the fallout from the coronavirus pandemic
German Police Seize $30M in Crypto From Streaming Site Operator
6.8.2020
One of the main operators of the now-shuttered streaming site movie2k.to has forfeited over $30 million worth of crypto to German police
Bitcoin P2P Trading Soars in India as New Exchange Launches
6.8.2020
Bitcoin P2P trading volume in India has been growing rapidly, hitting record highs over the past weeks. Meanwhile, a new P2P trading platform has launched in India as the crypto industry awaits the government’s decision on a cryptocurrency law. P2P Trading Volume Soars in India Peer-to-peer...
Bitcoin Whales Bought the Dip, Data Shows as $1.2B Leaves Exchanges
6.8.2020
Investors are in no mood to sell as the number of Bitcoins held in exchange wallets “falls off a cliff” this week
Bitcoin Breaks Higher, Outperforms Major Altcoins
6.8.2020
Bitcoin (BTC) is leading the rally higher today on what has been a strong day for the broader crypto market so far, with the uptrend for ethereum (ETH) also holding up despite a mixed picture among other altcoins.
As noted in yesterday’s market watch, a daily close above the USD 11,500 level...
Regulate Bitcoin or Risk Speculative Bubble, Warns Japanese FSA
6.8.2020
Ryozo Himino.
The new chief of the top Japanese financial regulator, the Financial Services Agency (FSA), has spoken out about crypto-related concerns – and said that “deregulating bitcoin” could likely “just boost speculation.”
Speaking to Reuters, FSA commissioner Ryozo Himino – who...
Negative USD Yield Risk Adds Bitcoin On Software Giant’s Radar
6.8.2020
Following announcements from major mainstream investors such as Paul Tudor Jones that they are adding bitcoin (BTC) to their portfolios as an inflation hedge, a US-based major software company said that it may invest part of its cash into bitcoin and other alternative investments, citing “negative...
Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On
6.8.2020
The escalating internal power struggle at Bitmain is starting to have a more serious impact on its business and customers
SEC Looking to Buy a Blockchain Forensics Tool That Analyzes Smart Contracts
6.8.2020
The U.S. Securities and Exchange Commission (SEC) is looking for a blockchain forensics tool to help it analyze smart contracts. In a call for bids to software companies on July 30, the regulator said that the tool must be able to “analyze and detail code within blockchains and other...
Bitcoin Price En-route to New 2020 High Once Bulls Break $11.8K Resistance
6.8.2020
Bitcoin price is gearing up for a second attempt at $12,000 and altcoins continue to rally higher
Bitcoin Scammers Rebrand Jon Prosser’s YouTube Channel as ‘NASA’
6.8.2020
YouTube took down Jon Prosser’s channel with 262K subscribers after hackers used it to promote a free Bitcoin giveaway scam
Fed’s Inflation Efforts ‘Likely to End Disastrously’ Says Pomp
6.8.2020
Anthony Pompliano said Bitcoin, stocks, gold, and real estate will run ‘much, much higher’ as the Fed inadvertently ramps up inflation