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Market Wrap: Bitcoin Breaks $11,800; Ether Options Market Explodes
6.8.2020
Bitcoin's price is clawing its way back after weekend losses while the ether options market suggests a bumpy road ahead
Pantera’s Founder Foresees $100K+ Bitcoin On the Horizon
6.8.2020
Dan Morehead is more conservative in his Bitcoin price predictions than his firm Pantera Capital, though both agree that it will hit $100,000
Testimony From Craig Wright’s Ex-Wife Throws a Twist in the Billion Dollar Bitcoin Lawsuit
6.8.2020
On June 30, a jury trial was scheduled for the notorious Kleiman v. Wright lawsuit on October 13. Now a recent filing from the plaintiffs notes that when Craig Wright’s ex-wife Lynn Wright recently testified, she revealed a number of interesting findings. Lawyers representing the Kleiman...
Sundays Are the Perfect Time to Buy the Bitcoin Dip, Data Shows
6.8.2020
New data shows Sunday evening is the best time to buy Bitcoin at a ‘discount’
Will Bitcoin Hit $12K? Join Crypto Markets Live With Big Cheds & Big Chonis!
6.8.2020
Traders Big Cheds & Big Chonis offer expert TA on the next move for Bitcoin and altcoins
Bluehelix Global Expansion – Strategically Cooperates with Japanese Licensed Exchange Xtheta
6.8.2020
“Japanese licensed exchange Xtheta officially announced that it has a strategic partnership with Bluehelix, the leading blockchain financial infrastructure technology service provider, which to provide Xtheta with the underlying blockchain financial technology services to accelerate...
$5.6 Million Double Spent: ETC Team Finally Acknowledges the 51% Attack on Network
6.8.2020
The Ethereum Classic (ETC) blockchain network lost $5.6 million to one miner following a 51% attack initially thought to be a chain split. During the attack, the offending miner managed to double-spend 807,260 ETC ($5.6 million) after spending 17.5 BTC or $200,000 (at time of writing) to acquire...
Funding Rate of Digital Assets: How to Avoid Being Misled
6.8.2020
The funding rate is an essential mechanism to allow derivative instruments to track the spot price of their underlying asset
German Regulator Seizes Crypto ATMs
6.8.2020
Germany's financial regulator BaFin is seizing bitcoin ATMs run by "Shitcoins Club" months after ordering its operator to cease trading crypto
Bitcoin News Roundup for Aug. 6, 2020
6.8.2020
With bitcoin prices surging and a quick look at crypto lawsuits, CoinDesk's Markets Daily is back for your latest crypto news roundup!
Bitcoin’s Patronage System Is an Unheralded Strength
6.8.2020
Bitcoin development is better funded than ever, cementing a patronage model that protects against insider maneuvering
German Police Seize $29M in Bitcoin From Content Pirate
6.8.2020
Prosecutors allege the programmer behind movie2k.to helped distribute 880,000 pirated films over a five-year period that ended in 2015
Fed's 'Lower Rates - Increase Inflation' Plan Might Help Bitcoin Too
6.8.2020
The US Federal Reserve, the country's central banking system, might announce its policy review soon, a major aspect of which would be keeping interest rates low for years to come while trying to increase inflation and employment numbers. This strategy would be "bullish" for alternative...
Bitmain Delays Antminer Shipments Amid Internal Conflicts
6.8.2020
Bitmain announces three-month Antminer order delays, citing “external interference on company operation.”
From Cash to Cat - A New Attempt to 'Make Bitcoin Great Again' In Works
6.8.2020
It seems that the Cryptoverse might see another episode of the Bitcoin Cash (BCH) forking series.
"I am considering to build a new Bitcoin fork inherit from BCH called Bitcoin Cat. It’s a temporary name. Cat is cute and harmless, [they] won’t have a war," said Haipo Yang, founder...
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