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Covid-19 Stimulus: Banks Will Gain $18 Billion in Fees for Processing PPP Relief Loans
15.7.2020
The world’s banking cartel will gather $18 billion in fees for facilitating the settlement of small business Paycheck Protection Program (PPP) relief loans leveraged during the Covid-19 pandemic. The $640 billion in PPP relief loans stem from the CARES Act and allegedly there’s only...
Aggregate ERC20 Market Cap Outpaces Valuation of ETH in Circulation by $2 Billion
15.7.2020
Data now shows that the aggregate market valuation for all the ERC20 tokens in existence has surpassed the market capitalization of Ethereum’s native coins. According to data, the net worth of the ERC20 token ecosystem is roughly $2.5 billion larger than the $26.7 billion Ethereum valuation....
A Panel of Experts See Bitcoin Averaging $12,948 by Year End
14.7.2020
A panel of experts is predicting the price of bitcoin will rise to $10,337 by September before adding a further $2,611 to end the year at $12,948. The findings are drawn from a Finder Cryptocurrency Predictions Report for July 2020 and the latest figure is roughly $2,500 less than the price...
This New Coding Language Could Help Unlock Bitcoin’s Smart Contract Potential
14.7.2020
With the introduction of Sapio, Jeremy Rubin hopes to expand Bitcoin's smart contract use cases and increase the "financial self-sovereignty" of its users
A Hacker is Attempting to Sell a Las Vegas Hotel Database for Crypto
14.7.2020
Data for 142 million hotel guests is being sold via the dark web
Market Wrap: Do-Nothing Markets Stay Steady as Bitcoin Sticks to $9,200
14.7.2020
A quiet bitcoin market has investors remaining hopeful of future improvement
Bitcoin Usage up in Vietnam, Bangladesh & S Africa - Blockchain.com
14.7.2020
The total number of bitcoin (BTC) wallet transactions has spiked in Vietnam, Bangladesh, and South Africa, with monthly activity figures up 25%, 16% and 15.9% respectively on major wallet and exchange platform Blockchain.com.
The company shared the news in a blog post, adding that although...
US Army Requests Information on Tools to Track Cryptocurrency Transactions
14.7.2020
The U.S. Department of Defense and the U.S. Army have requested information on web-based cryptocurrency tracking tools. The tools must enable U.S. government agencies worldwide to conduct in-depth investigations into the source of crypto transactions and provide multi-currency analysis from bitcoin...
Binance Coin Gains 17% on Bitcoin in July but Can ‘IEO Season’ Happen?
14.7.2020
The price of Binance Coin has gained almost 20% on Bitcoin in July and this spells bullish for the price of the exchange’s IEO tokens
What It’s Really Like to Live on Bitcoin in the Middle East
14.7.2020
The story of a Syrian migrant in Iraq shows how bitcoin can work as intended – as a global currency that transcends borders
Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights
14.7.2020
Close to a year ago last July, the U.S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. Now according to the Taxpayer Advocate Service, a subsidiary of the IRS, the soft letters...
High Stablecoin Buying Power Could Predict Bitcoin’s Next Bull Run
14.7.2020
Today, stablecoins buy 15-times as much Bitcoin as in early 2018, this could bode well for the next bull run, if and when, it happens
Bitcoin News Roundup for July 14, 2020
14.7.2020
With Tax Day fast approaching, CoinDesk's Markets Daily covers all things IRS and crypto taxes on today's show!
Seychelles-Based Bitcoin Transfers Continue to Gain Dominance, Analysts Find
14.7.2020
Crystal Blockchain reports that crypto transfers in the Republic of Seychelles keep growing as regulatory pressure increases for the G20
As Money Printer Goes Brrrrr, Wall St Loses Its Fear of Bitcoin
14.7.2020
“I know anecdotally of several [investment managers] that have accumulated between $100 million and $500 million.”
Self-Healing Blockchains Are Cure for Sharding’s Scalability Woes
14.7.2020
Self-healing blockchains are the only way to create a truly decentralized world within the decade
Two OneCoin Promoters Found Dead in Mexico
14.7.2020
Two promoters of $4 billion crypto exit scam OneCoin have been found dead in Mexico
Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion
14.7.2020
Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between...
Fidelity Digital Assets to Custody Bitcoin in Kingdom Trust Retirement Accounts
14.7.2020
Kingdom Trust CEO Ryan Radloff hopes the partnership with Fidelity will nudge the investment giant closer to serving retail crypto investors
Paxful Reaches the $4.6B Milestone in P2P Bitcoin Trading Volume
14.7.2020
Peer-to-peer Bitcoin trading platform Paxful crossed the $4.6 billion trading volume threshold as the company is entering its fifth year