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NASDAQ-Listed MicroStrategy, Wary of Looming Dollar Inflation, Turns to Bitcoin and Gold
5.8.2020
“If you have large dollar values and you're hoping for any kind of return on them, that's faded,” said CEO Michael Saylor. “Gold, silver, and bitcoin are showing strength.”
Bitcoin Will Break $400K in Long-Term, Morgan Creek's Pomp Predicts
5.8.2020
Bitcoin will eventually capture more of the market than gold, Morgan Creek’s Anthony Pompliano predicts
Bitcoin Cash Difficulty Algorithm Debate Heats Up With Fears of Another Chain Split
5.8.2020
With a touch more than three months left until the next Bitcoin Cash upgrade, crypto proponents have been witnessing a new quarrel rise after last year’s contentious Infrastructure Funding Proposal (IFP). This time around, the tensions derive from the Difficulty Algorithm Adjustment (DAA)...
Newly Discovered Ledger Wallet Vulnerability Could Be Disastrous if Not Fully Patched
5.8.2020
Ledger has failed to fully fix a major vulnerability that allows for a “Bitcoin Fork” attack
Bloomberg: Bitcoin Is Stabilizing At 6x The Price of Gold
5.8.2020
Bloomberg suggests that the price of Bitcoin is stabilizing at six times the price of gold, yet it contends that the asset is still undervalued
Bitcoin News Roundup for Aug. 5, 2020
5.8.2020
With BTC pushing towards $12,000 and gold at record highs, CoinDesk's Markets Daily is back for your crypto news roundup!
Square Saw Stronger Demand For Bitcoin in Q2, Local Stablecoins + More News
5.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
Payments company Square has reported USD 875m in bitcoin (BTC) revenue made via its Cash App service during the second quarter...
Barstool Sports Boss Baits Bitcoiners In Front of 1.7m Followers
5.8.2020
Dave Portnoy. Source: a video screenshot, Youtube
Another day, another would-be bitcoin (BTC) troll (or a new investor): A Twitter storm is brewing online after Dave Portnoy, the man behind the popular Barstool Sports pop culture blog, decided to take a tongue-in-cheek swipe at the crypto community...
Orchid: Bringing Decentralization to VPNs
5.8.2020
Whenever we browse the web, read news online, or purchase a new pair of glasses from an e-commerce store, we leave traces. These traces sometimes show us content that actually provides us with value, but more often the information we leave is used in concerning ways with scandals like Cambridge...
Bitcoin Price Rebounds to $11.6K as VIX Is ‘Extremely Bullish’
5.8.2020
A fresh surge for BTC/USD sees bears increasingly left behind as the weekend’s $1,200 drop gets almost canceled out
How Blockchain Benefits From Artificial Intelligence
5.8.2020
AI development and evolution can significantly improve blockchain tech and the crypto industry, from security to trading
Bitcoin Price Rises 3% as Gold Trades Above $2K for First Time
5.8.2020
Bitcoin is again acting like a macro asset, drawing bids amid record rally in gold and broad-based U.S. dollar sell-off
Bitcoin Maintains Its Stance Above $11k, What Next?
5.8.2020
You’re never too late to invest in Bitcoin or crypto as these digital assets now lure networkers and investors from all around the world not just as investment avenues but due to the underlying technology. Bitcoin is filling the gap between the current financial system and an upgrade to experience...
Genesis Reports Q2 Crypto Loans Spiked 118% to $1.4 Billion Amid Rising Yield Farming Interest
5.8.2020
Genesis Capital said Tuesday that its total number of loans outstanding more than doubled to $1.4 billion for the second quarter to June, up from $649 million three months earlier. The crypto lender, which targets institutional investors and wealthy individuals, added over $2.2 billion in...
Darknet Vendor and Pharmacist Charged With $270 Million Bitcoin Drug Trade
5.8.2020
Two Costa Rican residents were charged for selling drugs worth $270 million on the darknet
How to Earn Interest with Bitcoin
5.8.2020
When I was young I remember looking at my bank book and seeing nice interest payments for cash I had in the bank. Fast forward to today and banks are giving essentially nothing for interest — your money just sits there collecting dust. In an ideal world you could put it into the stock market...
Discovered Vulnerability Made Ledger to Choose Between 'Security and Usability'
5.8.2020
A researcher reported on a vulnerability in major crypto hardware wallet manufacturer Ledger's devices that can result in the loss of bitcoin (BTC), which they claim the company was aware of for a number of months. Ledger, however, argued that they have addressed it already, while having...
Alleged 17-Year-Old Twitter Hack Mastermind Pleads Not Guilty
5.8.2020
On Tuesday, during a court hearing in Hillsborough Circuit Court, the “mastermind” of the Twitter hack pleaded not guilty
Bitcoin and Altcoins Continue to Fail Near Major Range Highs
5.8.2020
Bitcoin price is holding the USD 11,000 and USD 11,050 support levels. BTC is currently (08:30 UTC) trading above USD 11,200, but it is facing many hurdles near USD 11,400 and USD 11,450. A clear break above USD 11,400, followed by a close above USD 11,500 could open the doors for more...
3 Bullish Signs That Overall Demand for Bitcoin Is Skyrocketing
5.8.2020
Unique entities hit their highest weekly average since early 2018 as bullish network momentum snowballs