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First Mover: UK Economy Setback Renews Questions of Bitcoin’s Resilience
15.7.2020
The U.K. is recovering from the economic effects of the coronavirus more slowly than expected. Would a fresh market drop pull down bitcoin too?
Village in El Salvador Turns its Back on Fiat in Favor of Bitcoin
15.7.2020
Source: Twitter/@Bitcoinbeach
Foundering fiats, a global pandemic and an anonymous donor’s generosity have led to the creation of a bitcoin (BTC)-powered economy in a village in El Salvador, the smallest and the most densely populated country in Central America.
Per an article written by a Forbes...
Disgraced Lobbyist Jack Abramoff Pleads Guilty to Fraud in Crypto Case
15.7.2020
Previously convicted lobbyist Jack Abramoff has pleaded guilty to knowingly promoting an alleged crypto fraud with false and misleading information
UK Fintech Firm Revolut Brings Bitcoin, Ether Trading to US Customers
15.7.2020
Revolut customers in the U.S. can now buy, hold and sell BTC and ETH on the digital bank’s crypto platform, thanks to a partnership with Paxos
Tesla ‘Eating Bitcoin’s Lunch’ as Realized Volatility Hits 3-Year Low
15.7.2020
30-day realized volatility for Bitcoin drops to its lowest levels since 2017, while Tesla beats performance at over $1,500
Bitcoin (BTC) Lacks Steady Support and Awaits Possible Breakout
15.7.2020
Bitcoin continues to trade around $9.2k while the altcoin market experiences steep surges as the smart contract-based blockchain platforms make breakthrough developments and extend their services in all the possible sectors. BTC price trend has been moving with almost a flattish curve over...
Bitcoin and Altcoins Closing In Towards Next Move
15.7.2020
Bitcoin price remained stable above the USD 9,100 and USD 9,050 support levels. However, BTC is facing a strong resistance near the USD 9,300 and USD 9,320 levels. The price is currently (08:30 UTC) recovering towards USD 9,300, above which it might start a strong upward move.
Similarly, most major...
Russian Activists Use Bitcoin, and the Kremlin Doesn’t Like It
15.7.2020
Activists and dissidents in Russia use crypto for fundraising – yet widespread adoption is still far away
BitMEX's Parent Goes '100x,' Doubles Down On Exchange's Growth
15.7.2020
Arthur Hayes. Source: a video screenshot, Youtube, CfC st. Moritz
HDR Global Trading, the operator of major crypto derivatives platform BitMEX, is creating a new holding company structure, branded 100x, "to pursue a broader vision to reshape the modern digital financial system,"...
‘How to Buy Bitcoin in India’: Crypto Exchange Offers Rewards for Videos in All Indian Languages
15.7.2020
Indian cryptocurrency exchange Wazirx is offering rewards for videos about how to buy bitcoin or other cryptocurrencies in India in all Indian languages, including Hindi, Tamil, Gujarati, Marathi, Kannada, Bengali, and Telugu. News.Bitcoin.com caught up with Wazirx CEO Nischal Shetty to find...
Stocks TD9 Sell Sign Flashes Yet Bitcoin Traders Expect Higher Price
15.7.2020
The S&P 500 sees a TD9 sell signal confirmed on multiple time frames but traders remain optimistic about the price of Bitcoin
NASCAR Driver Bubba Wallace's Car Showcases Bitcoin Logo
15.7.2020
The African American driver who made headlines after pushing NASCAR to ban the Confederate flag from events, will drive a Cash App car
Bank of England Still Debating Creation of Central Bank Digital Currency, Says Bailey
15.7.2020
Bank of England (BoE) Governor Andrew Bailey said Monday that the institution is still debating whether it should create a central bank digital currency (CBDC). Speaking at a webinar event, Andrew Bailey admits a CBDC will be a reality in the next few years. He, however, does not provide a time...
ConsenSys: BTC Tokenization and Yield Farming Drives DeFi Growth
15.7.2020
DeFi’s growth has been propelled by the increasing popularity of yield farming and Bitcoin tokenization protocols, according to ConsenSys
Survey: 60% of Bitcoin Investors Will Die With Their BTC If Price Stays Below $10,000
15.7.2020
About 60% of bitcoin investors are willing to hold their coins until they die if the price fails to breach the key $10,000 level. Now that’s according to a Twitter poll by Peter Schiff. The gold-bug asked bitcoin ‘hodlers’: “How much longer does the price of #Bitcoin have...
‘AML Bitcoin’ Lobbyist Jack Abramoff Pleads Guilty to ICO Fraud
15.7.2020
Jack Abramoff has pleaded guilty to multiple counts of fraud relating to his promotion of the 2018 AML BitCoin ICO
One Millionaire Really Is Giving Away Bitcoin — But Is That a Good Thing?
15.7.2020
Bill Pulte has been giving away thousands in cash, crypto, and cars for months now, but he could be inadvertently helping scammers
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...