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BTC in Peril, Quadriga “Ponzi,” Coinbase Punished: Hodler’s Digest, June 8–14
14.6.2020
The Bitcoin uptrend could be in peril, QuadrigaCX described as a “Ponzi scheme,” and Coinbase is punished for outages
Revamping E-Commerce During the Rise of Stablecoins
14.6.2020
The third decade of the 21st century will make cryptocurrency the main payment method worldwide because of its benefits over fiat
BTC Futures Volume Posts 2020 Low, ETH Open Interest Surges
14.6.2020
Daily trade volume for Bitcoin futures contracts has dropped to a new year-to-date low. However, open interest in both BTC and Ether futures are rallying into record highs
Community Donates 0.7 BTC to Phishing Victim Who Lost Entire Bitcoin Holdings
14.6.2020
Crypto community members have donated 0.7 BTC to the victim of a phishing scam who lost his entire Bitcoin savings
Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments
14.6.2020
On June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The quarrel is allegedly causing shipment problems for customers, as reports note that Zhan is prohibiting deliveries stemming from the company’s...
BRD's CEO Dismissed Crypto Until Overhearing Andreessen Horowitz Execs
14.6.2020
BRD CEO Adam Traidman was won over by Bitcoin after overhearing a conversation at Andreessen Horowitz
Top 5 Cryptocurrencies to Watch This Week: BTC, XTZ, XLM, ADA, NEO
14.6.2020
Bitcoin is likely to make a decisive move in the next few days and start a trending move that could remain in force for a few weeks
A Record Number of Investors Are Holding at Least 0.1 BTC
14.6.2020
Data posted by Glassnode has revealed that the number of wallets containing 0.1 coins is posting new all-time highs for both Bitcoin and Ether addresses
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.”...