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A Village in El Salvador Created a Bitcoin-Friendly Economy Amid COVID-19
15.7.2020
An initiative helped to implement a Bitcoin-powered economy amid the COVID-19 crisis
Where, Oh Where Has Bitcoin Volatility Gone? Part 1
15.7.2020
While Bitcoin’s volatility has remained high relative to historical averages, it has only decreased since its peak in mid-March
Forced Creativity: Why Bitcoin Thrives in Former Socialist States
15.7.2020
“People who work on Bitcoin understand the social impact of decentralization. Even though we now live in a free society, we can already see signs of ‘unfreedom’ or freedom being slowly taken away in many facets of life.”
Macro Indicators Predict BTC Rally as Bitcoin Price Volatility Sees 3-Year Low
15.7.2020
Four macro indicators suggest a Bitcoin uptrend is near, following nearly two months of stagnation in a tight range
Bitcoin News Roundup for July 15, 2020
15.7.2020
As the race for Central Bank Digital Currencies heats up, CoinDesk's Markets Daily is back for your bitcoin news roundup!
Crypto Revolut In the US, Loans and Coffee on Blockchain + More News
15.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
UK-headquartered major fintech Revolut has launched its crypto trading service in the United States via a partnership with...
Human Rights Foundation to Help Activists Protect Their Bitcoin Funds
15.7.2020
The Human Rights Foundation promotes Bitcoin education to help global activists protect their funds using crypto
Darknet Markets Are Mixing Bitcoins at Blistering Pace: Report
15.7.2020
Darknet markets mixed $67 million in bitcoin in Q1 2020, a staggering jump from 2019's Q1 total of $3 million
Investor Charged in US After Obtaining Covid-19 Relief Loan to Trade Cryptocurrency
15.7.2020
The U.S. has charged an investor after he obtained two loans worth over $1.1 million from the Paycheck Protection Program (PPP) intended for covid-19 relief and used some of the money to invest in cryptocurrency. He was taken into custody on allegations he fraudulently obtained the loans. Crypto...
New Metric Suggests Imminent Volatility for Bitcoin
15.7.2020
The ratio of low exchange volume to high on-chain transaction volume frequently corresponds with increased volatility
'Difficult to Ignore' Shift As Grayscale Buys More Bitcoin Than Miners Generate
15.7.2020
US-based major digital asset manager Grayscale said it recorded its largest quarterly inflows in the second quarter, when it also started buying more bitcoin (BTC) than it has been generated after the halving in May.
In its latest report, the company revealed:
In the second quarter, quarterly...
Bitcoin Has American Mindshare but Few Users
15.7.2020
The results from the Federal Reserve's annual Survey of Consumer Choice are in: Most people know of bitcoin, few are using it
Bitcoin Finally Gets Into NASCAR, 6 Years After Dogecoin
15.7.2020
Source: Twitter, @jack
After an unsuccessful attempt in 2014, the Bitcoin (BTC) logo has finally found its place (a small one) in NASCAR, the US prime auto-racing franchise, after mobile payment service Cash App, which also supports BTC trading, inked a multi-year deal with Richard Petty...
With Bitcoin Stuck in the Doldrums, Altcoins Continue to Rally
15.7.2020
Altcoins like Chainlink's LINK token continue to outshine bitcoin, which is still consolidating above $9,000
Paypal Developing Cryptocurrency Capabilities, Letter to European Commission Confirms
15.7.2020
Paypal has confirmed that it has been developing cryptocurrency capabilities in a letter the company sent to the European Commission regarding the EU framework for cryptocurrency markets. Recently, Paypal and Venmo were rumored to soon allow users to buy and sell cryptocurrencies directly....
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