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Bitcoin Is a Form of Money, DC Federal Court Rules: Bloomberg
24.7.2020
Bitcoin is a form of "money", a Washington, D.C. federal court said on Friday
Crypto Folk Show the World How to Outfox Twitter, SIM Swap Scammers
24.7.2020
A prominent bitcoin (BTC) enthusiast said he outmaneuvered a Twitter scammer – and although he spent USD 100 in the process, he said he has unveiled some key scamming tactics common on the social media platform. Meanwhile, another crypto community member said he has managed to stave off the worst...
Bitcoin News Roundup for July 24, 2020
24.7.2020
With BTC up 3.5% on the week and ETH up a lot more, CoinDesk's Markets Daily is back with another news roundup
Veteran Analyst Peter Brandt Scorns ‘XRP’s Bag Holder,’ Compares Ripple to the Fed
24.7.2020
Veteran trader Peter Brandt knocked the digital currency XRP on Thursday and compared the crypto token company Ripple to the U.S. Federal Reserve. Brandt said he believes the company behind the coin will double the token supply, and he doesn’t understand why “otherwise smart...
BTC-funded Escape, 1,000 Twitter "Gods," Bitcoin Suisse Gets USD 49m + More News
24.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
Ex-Nissan chief Carlos Ghosn’s son sent some USD 500,000 in bitcoin (BTC) to an American suspected of helping Ghosn escape, said...
Bitcoin Futures Open Interest Targets Record as BTC Price Nears $10K
24.7.2020
A week of solid gains for investors is sparking changes at CME, data shows as $9,500 continues to hold
Kasparov's Move: Bitcoin Protects From State Interference
24.7.2020
Garry Kasparov. Source: a video screenshot, Youtube/Muzeion
Russian chess grandmaster and opposition politician Garry Kasparov said that bitcoin (BTC) and other cryptocurrencies have the potential to emerge as the leading alternative means of protecting personal wealth against inflation...
Bitcoin Rally in Danger? Wall Street Veterans Warn of Nasdaq Bubble
24.7.2020
The price of Bitcoin faces a near-term pullback as Wall Street veterans warn of a Nasdaq bubble forming
BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic
24.7.2020
While many institutions struggled to recover from the market downturn experienced in March, publicly traded, blockchain focused firm BTCS Inc. (OTCQB: BTCS) has increased its portfolio by 285% in Q2 2020, through well timed investments in both Bitcoin (BTC) and Ethereum (ETH), and crossed the...
Median Ethereum Fee Up Almost 1,300% Since April, Bitcoin Fees Jump Too
24.7.2020
The fees on both Ethereum (ETH) and Bitcoin (BTC) networks are rising yet again, prompting both the user dissatisfaction and discussions of possible solutions.
There seems to be no end to what many perceive as major issues with high fees on the two biggest networks. The median average Bitcoin...
Coinbase Processed $500,000 in Bitcoin Payments That Helped Ex-Nissan Chairman Flee Japan
24.7.2020
Coinbase processed $500,000 in bitcoin payments that aided the dramatic escape of former Nissan Motor Co. chairman Carlos Ghosn from Japan, according to Bloomberg. In December, two Americans used a box to smuggle Ghosn out of the Asian country, where he was facing criminal charges for embezzlement...
Ether Leaves Bitcoin Behind With 2020 Gain of Over 100%
24.7.2020
Ethereum's popularity with DeFi projects has likely led to a triple-digit year-to-date price rise for ether. Bitcoin lags well behind with a 34% gain
Carlos Ghosn’s $600K Bitcoin Escape Fee Paid Via Coinbase
24.7.2020
Carlos Ghosn's son paid approximately 63 bitcoin, now worth $608,000, to the two men who smuggled his father out of Japan last December
Opera Brings Crypto Top-ups to UK, Has 170K Monthly Users Of Crypto Wallet
24.7.2020
Source: Opera, Instagram
The Opera web browser said it introduced their Crypto Wallet top-ups to the UK and revealed that the wallet has now more than 170,000 monthly active users globally.
The Norway-based company that claims to have 320 million active users partnered with Ramp, a crypto on-ramp...
This is How Superman29 Laundered Millions in Bitcoin and Got Caught
24.7.2020
Kais Mohammad, a 36-year-old resident of Yorba Linda in California who nicknamed himself 'Superman29', has pleaded guilty to federal criminal charges of running Herocoin, an unlicensed cryptocurrency services business that exchanged up to USD 25 million through in-person transactions and a network...
Bitcoin and Altcoins Correcting Gains, Ethereum Outperforms
24.7.2020
Bitcoin price remained in a bullish zone above the USD 9,550 level. BTC extended its rise above the USD 9,600 level and traded to a new monthly high close to USD 9,650. It is currently (09:00 UTC) correcting gains and it might test the USD 9,400 support zone.
Most major altcoins are trading in...
Crypto Bank Hopeful Bitcoin Suisse Raises $48M in First-Ever Round
24.7.2020
Bitcoin Suisse said some of the funding will go on new product offerings if its banking license applications are successful
New Data Debunks Reports of Turkey as Leader in Crypto Adoption
24.7.2020
A new survey shows that Turks may not be trading and using cryptocurrencies as much as previous reports have indicated
Bitcoin Price Can Hit $20K When US Banks Invest 1% of Assets — Analyst
24.7.2020
The increasing institutional interest in Bitcoin is “not hard to see” as U.S. regulators green light custody this week
Crypto Scammers Steal $381 Million in 2020, While Twitter Hackers Direct Funds to Mixers
24.7.2020
Cryptocurrency related scams have taken a total of $381 million from victims so far this year. This figure makes crypto scams the largest category of cryptocurrency-related crimes so far in 2020. Chainalysis data still shows current figures are well below those seen in 2019. In 2019, scams...