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Someone Is Buying Shares in Grayscale's Ether Trust for More Than $2,000
14.6.2020
Grayscale Investments’ Ethereum Investment Trust shares are currently trading at roughly 150% of ETH’s all-time price high, signaling strong institutional demand
Bitcoin Price Near ‘Monster Move’ After Weeks of Range Trading — Analyst
14.6.2020
Traders say Bitcoin is due for highly volatile price action in the near-term as the price approaches a pivotal point
Bootstrapping Mobile Mesh Networks with Bitcoin Lightning
14.6.2020
Richard Myers says the future of ad-hoc mesh networks for SMS messages and Bitcoin transactions on your smart phone is here, but it needs the Lightning network to succeed
Documents Show Craig Wright Claims to Own a Bitcoin Address With 80,000 BTC Stolen From Mt Gox
14.6.2020
On June 12, 2020, the former CEO of Mt Gox, Mark Karpeles, tweeted about the notorious Craig Wright, the man who claims to be Satoshi Nakamoto. Karpeles and a number of crypto community members, assert that Wright’s legal team from London has been sending documents to certain individuals....
Bitcoin Halving and Competitors Boost Pressure on Bitmain & Canaan
14.6.2020
The Bitcoin (BTC) mining hardware sector is opening up. New hardware manufacturers are entering the market with innovative new mining units, reducing the former dominance of major players such as Bitmain and Canaan.
And with the Bitcoin halving in May putting an extra squeeze on the profit margins...
Bitcoin and Black America: A Digital Uprising
14.6.2020
A protest at the Los Angeles City Hall in June. Source: Twitter, @callmethebear
In 2014, several surveys found that African Americans were less likely to know about and use Bitcoin (BTC). However, in 2020, a Coinbase study found that African Americans are now much more interested in and trustful...
Spacex Bitcoin Scam Features BTC Giveaway, Elon Musk, and NASA Launch
14.6.2020
A Spacex bitcoin scam has frequently appeared on Youtube, claiming to give away BTC. Its promo video features the recent Spacex launch with two NASA astronauts and an interview with Spacex and Tesla CEO Elon Musk. The scammers claim that anyone sending bitcoin to them will...
Ayn Rand: Francisco d’Anconia’s Speech on Money
14.6.2020
“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of...
Developer Activity Surrounding Eos, Tron, and Bitcoin Cash Plummets
14.6.2020
While overall developer activity is down for most leading crypto assets, core code updates appear to be on the increase
Website Compiles List of KYC-Free Exchanges, Along With Some Warnings
14.6.2020
The website Kycnot.me has compiled a list of cryptocurrency exchanges that do not require identity verification to preserve the independence of crypto
Whales Make Waves, Super Heroes Rise, and Bank Accounts Freeze: Bad Crypto News of the Week
13.6.2020
Check out this week’s Bad Crypto podcast
JPMorgan: Bitcoin’s Market Structure More Resilient Than Currencies, Equities, Treasuries and Gold
13.6.2020
JPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.”...
Survey Respondents Are Split 50/50 Between Bitcoin & Big Banks
13.6.2020
The proportion of people who trust big banks has fallen drastically since 2017, while the support for Bitcoin has exploded — millennials lead the way
Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal
13.6.2020
Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank. Regulators are concerned that bitcoin exchanges and other crypto companies might...
Blockchain Is Evolving Like the Internet: Who Will Be the Crypto Hotmail?
13.6.2020
Blockchain’s evolution path is similar to the invention of the internet, and we are already in its second phase
The Chad Index Versus Doomer Internet Money: The Breakdown Weekly Recap
13.6.2020
This week, the wildest, most nonsensical, volatile part of the market wasn’t bitcoin, but the “Robinhood Rally” in equities
Bitcoin Price Drop to Key $9K Support Could Place the Uptrend in Peril
13.6.2020
Bitcoin price searches for support in order to maintain the current uptrend
Paul Tudor Jones' Bitcoin Investments "Not A Surprise" Former Soros Adviser Says
13.6.2020
Takeshi Fujimaki, a former adviser to George Soros, said it was "not a surprise" to hear Paul Tudor Jones' bitcoin revelation
China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls
13.6.2020
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out...
Blackout Cure Needed? BTC Price Volatility Challenges Crypto Exchanges
13.6.2020
2020 has been one of BTC’s most volatile periods, but why do cryptocurrency exchanges keep crashing under high demand?