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Peter Schiff: Gold ‘Harder to Confiscate’ Than Bitcoin as Searches Spike
29.7.2020
Schiff makes some controversial assertions about gold’s prowess as mainstream interest in both gold and Bitcoin surges
93% of Bitcoin’s Supply Profitable at $11K, ‘Realized Price’ Recovers from Black Thursday
29.7.2020
Onchain data shows that bitcoin’s breakout above $11,000 puts 93% of the circulating supply in a state of profit. Additionally, seven-day metrics show that bitcoin’s “realized price” has recovered from the low that took place on March 12. The research and analysis firm...
Bakkt Bitcoin Futures Smashes Records Two Days Running
29.7.2020
Bakkt breaks another record with more than 11,700 Bitcoin futures contracts traded on Tuesday
Grayscale’s Crypto Funds Grow by $1 Billion in Just 11 Days
29.7.2020
Grayscale’s Bitcoin Trust currently holds $4.3B assets under management, but this growth may be due to ‘in kind’ purchases
Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia
29.7.2020
During the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce....
Pack Your Bitcoin: Busy South Korean Beach Says ‘Yes’ to Crypto
29.7.2020
Haeundae Beach. Holidaymakers at Haeundae, South Korea’s busiest and most popular beach, will be able to pay for services such as sun umbrella and inflatable tube rentals in bitcoin (BTC), ethereum (ETH) and other tokens next month.
Haeundae Beach, in South Korea’s second city Busan, is a...
Bitcoin’s Current Breakout Sets It up for $28,000, Headed for Six Figures – Max Keiser
29.7.2020
Max Keiser has predicted that bitcoin’s current bullish pattern will lead toward a price of $28,000. While the bitcoin bull does not give a timeframe when this is likely to happen, he believes that, thanks to relentless government money printing, the benchmark cryptocurrency will eventually...
Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High
29.7.2020
Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest –...
$39M of Bitcoin Stolen in 2016 Bitfinex Hack Is on the Move
29.7.2020
Hackers have transferred roughly $38.7M out of $1.3B worth of Bitcoin from wallets connected to the infamous 2016 hack of crypto exchange Bitfinex
Bulls Control Bitcoin Price Even as Funding Rates Reach Record Highs
29.7.2020
As Bitcoin rallied through $10K, derivatives markets started to show signs of excessive leverage but the market remains tilted toward bulls
Coinbase Sees More Institutional Investors Buying Bitcoin in H1
29.7.2020
Coinbase says more institutional investors are now using its platform to build direct positions in the cryptocurrency market. Crypto fund managers are now getting more backing from institutional investors that see the crypto market as an alternative investment strategy. In a report, the exchange...
AMFEIX Threatens Users Who Share Coverage That Criticizes the Company
28.7.2020
The purported investment fund is exhibiting some shady behavior
How Grayscale Investments Sells Bitcoin to Financial Advisors
28.7.2020
At a webinar targeting financial advisors, Grayscale’s managing director preached the value of Bitcoin and warned against physical representations of the asset
Mainstream People Coming to Bitcoin, Digital Assets Data CEO Says
28.7.2020
Digital Assets Data CEO Mike Alfred explains increased Bitcoin interest from a number of parties
North Korea’s Crypto Extortion Efforts Have Expanded Considerably in 2020
28.7.2020
A new ransomware from North Korea targets major companies
Market Wrap: Bitcoin’s Price and Ether’s Dominance Sit at 2020 Highs
28.7.2020
The two biggest cryptocurrencies are hitting 2020 highs, though for different reasons
Regulatory Clarity Leads to Surge in Institutional Crypto Investors
28.7.2020
Ciara Sun, head of global markets at Huobi Group says more institutional crypto investors are entering the market
Swiss Exchange SIX Lists Actively Managed Bitcoin Exchange-Traded Product
28.7.2020
Switzerland’s principal stock exchange SIX Swiss Exchange is listing a new bitcoin exchange-traded product (ETP). The BTCA index, otherwise known as the “Bitcoin Capital Active ETP (BTCA),” is different from other crypto ETPs exchanged on SIX because it’s an “actively...
Tether Exchange Inflow Reached 8-Month High as Bitcoin Rallied to $11K
28.7.2020
As Bitcoin price surged above $10K, USDT exchange inflows reached an 8-month high
How Real Is Bitcoin’s Rally? 8 Interpretations of Bitcoin’s Massive Surge
28.7.2020
As bitcoin retraces slightly after reaching a new 2020 high about $11,000, NLW explores what’s driving the rally and how likely it is to continue