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Bitcoin News Roundup for July 21, 2020
21.7.2020
With the price of BTC catching a bid in early trading, CoinDesk's Markets Daily is back with another bitcoin news roundup
Bitcoin Futures Pass $1B in Open Interest on BitMEX for First Time Since March Crash
21.7.2020
Bitcoin futures open interest across all exchanges passed $4 billion Tuesday morning
Grayscale Investments’ Bitcoin Cash Trust Approved for Public Trading
21.7.2020
Grayscale Investments’ Bitcoin Cash Trust and Litecoin Trust have been approved by the U.S. Financial Industry Regulatory Authority (FINRA) for public quotations. The two add to Grayscale’s four existing publicly traded investment products: Bitcoin Trust, Ethereum Trust, Ethereum...
Institutional Trading House ErisX Joins Silvergate Exchange Network
21.7.2020
ErisX, a crypto exchange for institutional investors, has joined the payments network of bitcoin-friendly Silvergate Bank
Bitcoin Price Holds Key Support and Is on the Verge of Testing $10,000
21.7.2020
Bitcoin price finally made a move — to the upside — as the door is now open to test the crucial $10,000 BTC price level
Bitcoin Cash, Litecoin See Gains as New Grayscale’s Funds Go Public
21.7.2020
The price of both bitcoin cash (BCH) and litecoin (LTC) increased after major crypto asset manager Grayscale Investments said that two new trust funds backed by the cryptocurrencies have been approved for listing on public over-the-counter (OTC) markets in the US.
At the time of writing (09:34...
Key Metrics Show Institutional Demand for Bitcoin Is Surging Rapidly
21.7.2020
Grayscale’s $1.4-billion inflow in the first half of 2020, along with two other key factors, shows institutional demand is surging rapidly
First Mover: Bitcoin Shows Signs of Life But Ether (And Crew) Steal the Limelight
21.7.2020
In the race to become the dominant cryptocurrency platform, Ethereum is gaining on Bitcoin
Bitcoin Rises With Stocks as EU Agrees €750B in Coronavirus Stimulus
21.7.2020
Bitcoin edged higher on Tuesday as stock markets cheered the EU's decision to approve a landmark coronavirus recovery fund
Wirecard Exec Reportedly Used Bitcoin to Move Funds to Russia
21.7.2020
Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin
Bitcoin Surges to $9.3K for First Time in a Week — Is it a Fakeout?
21.7.2020
The price of Bitcoin surpassed $9,300 for the first time since July 13 but traders are still cautiously optimistic about the trend of BTC
Y Curve Interest Rates Reach 2,000%, Assets Under Management Grows Tenfold After Token Launch
21.7.2020
Depositors to the Y Curve decentralized finance (defi) pool received as much as 2,000% in interest this Saturday and about 600% (annualized) for the entire day. Before this increase, liquidity providers had been earning an aggregate rate of 10.58%. The latest interest rate growth follows Yearn...
Vegasbetting.com Study Found US Sports Betting Market Is Leading the Way
21.7.2020
Ten out of ten major US sportsbooks accept Bitcoin deposits while only one in ten sportsbooks with a global footprint process Bitcoin payments. VegasBetting.com study found that the US sports betting market is leading the way when it comes to accepting bitcoin as a payment method. The study looked...
Satoshi Nakamoto Mined More Than 1 Million Bitcoin - Report
21.7.2020
Bitcoin’s (BTC) pseudonymous creator Satoshi Nakamoto may have mined more than 1 million bitcoin in the early days of the cryptocurrency, according to analysts at crypto transaction tracker Whale Alert.
The early Bitcoin miner known as Patoshi mined BT 1,125,150 during BTC’s infancy, when Patoshi...
Bitcoin Climbs Above USD 9,300, Altcoins Gaining Bullish Momentum
21.7.2020
Bitcoin price remained well bid above the USD 9,050 and USD 9,000. BTC formed a strong support base above USD 9,000 and it recently started a steady rise. It broke the USD 9,200 pivot level and it is currently (08:30 UTC) trading above the main USD 9,300 resistance zone.
Similarly, most major...
Tips for Starting with Bitcoin and Cryptocurrencies
21.7.2020
One of the most rewarding experiences of my life, both financially and logically, has been buying and managing cryptocurrencies like Bitcoin, Litecoin, Ethereum. Like learning any other new tech, I made rookie mistakes along the way, but learned some best practices along the way. Check out these...
Telecom Argentina S.A Hit by Major Ransomware Attack, Criminals Demand $7.5M Worth of Monero
21.7.2020
Telecom Argentina S.A has been hit by a ransomware attack and the cyber-criminals are demanding $7.5 million paid in the privacy coin monero. The Spanish language site, elperiodista.com quotes anonymous employees stating that the attack started last Wednesday. Initially thought to be a small...
Experts Concerned Over Twitter’s Ability to Tweet on Behalf of Users
21.7.2020
A worse scenario than the recent attack against Twitter could happen if the social media network doesn’t strengthen its internal security procedures, say experts
BitMEX-affiliated Firm Leads USD 3.4m Investment in S African Exchange
21.7.2020
The investment arm of a new company operated by the creators of derivatives platform BitMEX, has spearheaded a USD 3.4-million cash injection in VALR, one of Africa’s biggest crypto exchanges.
Per a press release shared with Cryptonews.com, the Series A equity round of funding in the VALR exchange...
Amir Taaki Knocks Bitcoin Coinjoin Schemes – Calls Methods ‘Absolute Garbage’
21.7.2020
On July 17, the well known Dark Wallet creator and early Bitcoin developer, Amir Taaki, criticized bitcoin privacy methods on Twitter. Taaki claimed that UTXO mixing concepts like Coinjoin were “absolute garbage.” Taaki also knocked other concepts like Mimblewimble and privacy-centric...