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Bitcoin News Roundup for June 29, 2020
29.6.2020
After a rough weekend, the price of BTC is back above $9,000 and Markets Daily from CoinDesk is here with another bitcoin news roundup
Bitcoin Miner Ebang Mulls Crypto Exchange, BTC Refunds + More News
29.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Chinese crypto mining company Ebang International Holdings Inc. is planning to launch an offshore exchange...
Bitcoin.org Maintainer Calls for the Removal of Cobra, Website Owner Then Fires Him
29.6.2020
The infamous and controversial owner of the website bitcoin.org, Cobra, is under fire recently and a number of community members have asked to see the website removed from his possession. The initial argument was sparked by the website’s maintainer, Will Binns, who told the public that...
Bitcoin Dormant Supply Metric Mirrors 2016 Run-Up to $20K BTC Price
29.6.2020
61% of the Bitcoin supply has stayed in the same place for a year or more — the only time that happened was before its all-time highs
OKEx Announced The Listing of Compound DeFi Protocol's COMP Token
29.6.2020
COMP spot trading against USDT started at 6 AM UTC today
Chinese Bitcoin Mining Giant Ebang Is Launching an Offshore Exchange
29.6.2020
Ebang, the world's second-largest producer of bitcoin mining equipment, hopes an exchange could double total revenue by 2022
Beyond Bitcoin: How Advances in Blockchain Can Improve Our Financial Ecosystem
29.6.2020
Speed, reliability and availability are the cornerstones of modern finance, and DeFi has the potential to enhance and even supplant traditional finance
First Mover: The Return of the Bitcoin Retail Investor (And Why That’s a Good Thing)
29.6.2020
It's been assumed for years that well-heeled financial institutions would become the main driving force and primary investor class in crypto. That narrative may underestimate the power of the retail investor
Bitcoin Closes in the Green Sunday to End Longest Daily Losing Run in 6 Months
29.6.2020
Bitcoin chalked out minor price gains on Sunday, ending its longest run of daily losses for half a year and avoiding a break below the ongoing restricted trading range
This New Bitcoin Model ‘Picks the Start of Exponential Bull Runs’
29.6.2020
A teaser of what appears to be a new bitcoin (BTC) price model that aims to spot the exact points in time where “exponential bull runs” start have been shared by Willy Woo, a popular BTC analyst. If the model is right, the next bull run could be right around the corner.
According to Woo, his...
Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses at Central Bank, IMF Bailout Stalled
29.6.2020
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as much as 170 trillion pounds. The disagreement between the Lebanese government and the central bank...
Bitcoin and Altcoins at a Turning Point
29.6.2020
This past week, bitcoin started a fresh decline below the USD 9,500 and USD 9,200 support levels. BTC even broke the USD 9,000 handle before it found support near USD 8,800. The price is currently (08:30 UTC) recovering, but the bulls are likely to face hurdles near USD 9,200 and...
Bitcoin Miners Done Selling? 5 Things to Know for BTC Price This Week
29.6.2020
A mixed bag of metrics and influences is testing Bitcoin’s resolve this week, with trajectory undecided as $9,000 wavers
Many Bitcoin Developers Are Choosing to Use Pseudonyms – For Good Reason
29.6.2020
Whether out of concern for personal security or a desire to preserve privacy, many Bitcoin developers are known to the world only by their pseudonyms
Crypto Research Report Predicts $397K Bitcoin Price by 2030
29.6.2020
Researchers behind the June 2020 report from the Crypto Research Report used Bitcoin’s target addressable market to predict a rise to $397K
Bitcoin Price Must Flip This Level Into Support to Avoid a Drop to $7.4K
29.6.2020
Bitcoin price continues to consolidate near a key support but a close above $9,400 is needed to avoid a sharper correction
Crypto Long & Short: What Trends in Volatility Could Mean for Bitcoin
29.6.2020
Bitcoin’s investment narrative is evolving as the role of volatility is changing in both crypto and traditional markets
Andreas Antonopoulos: Use DeFi Contracts for BTC Passive Income
29.6.2020
HODLing Bitcoin may pay off eventually, but it means one’s money isn’t working for them now, says Andreas Antonopoulos
Bolstering Separation of Money and State Following the 244th Independence Day
28.6.2020
With the fourth of July approaching, many Americans will have to contemplate whether or not the holiday is an empty affair. After the last thirteen weeks of Covid-19 lockdowns, business shutdowns, and police brutality, the lack of liberty and freedoms in the U.S. has never been more apparent. With...
Blockchain Can Provide the Right to Privacy That Everyone Deserves
28.6.2020
Blockchain technology can help to build a self-sovereign financial system where privacy belongs to the people