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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?
How the Porn Industry Changed During Coronavirus, With Performers Wary of Bitcoin
13.6.2020
CoinDesk’s Leigh Cuen and adult content creator Allie Awesome talk about payments and money in the sex industry, especially the trends impacted by the coronavirus crisis
Options Trading Is a Huge Step for the Crypto Derivatives Market
13.6.2020
Different options trading will help to diversify the market, making it flourish on the global financial scene
Ethereum’s $5.2 Million Fee Scandal Explained: Exchange Held to Ransom by Hackers
13.6.2020
Hackers are holding an unnamed crypto exchange to ransom after an alleged cyber-attack forced the Ethereum blockchain to facilitate two separate transactions at a cost of $5.2 million in fees, new information suggests. The hackers may have gained access to the exchange’s funds but failed...
Bitcoin Market Dynamics See Change After BTC Reward Halving
13.6.2020
One month after the Bitcoin halving, several key factors seem to point to a pivotal change in the BTC market and investor behavior
Pentagon Doomsday Scenario Involved Bitcoin-powered Anarchy
13.6.2020
The American Department of Defense played out a wargame scenario that saw Generation Zers try to overthrow the powers-that-be, using bitcoin (BTC) and hacking skills to fund an ambitious anarchist coup.
Per media outlet The Intercept, Pentagon documents show that defense chiefs decided to test...
Japanese Court Upheld Former Mt Gox CEO’s Conviction for Manipulating Data
13.6.2020
A Japanese high court upheld the Tokyo-based lower court’s decision to reject the former Mt Gox CEO’s appeal. Mark Karpeles was arrested in 2015 and accused of “manipulating electronic data” and managed to duck embezzlement charges. The former boss of Mt Gox, Mark Karpeles...
Asset Manager Wilshire Phoenix Files to Launch New Bitcoin Investment Trust
13.6.2020
Wilshire Phoenix has filed to launch a bitcoin trust in hopes of making the cryptocurrency more accessible to investors
Wilshire Phoenix Files With SEC for Publicly Traded Bitcoin-Backed Fund
12.6.2020
Investment firm Wilshire Phoenix just filed with the SEC for a tradeable Bitcoin fund similar to the Grayscale Bitcoin Trust
Bitcoin Is More Than an Inflation Hedge
12.6.2020
While fears of a “great monetary inflation” have driven the recent bitcoin narrative, other aspects like censorship resistance and peaceful protest matter just as much
South Korean Experts Say Crypto is a Poor Safe-Haven Asset
12.6.2020
A leading South Korean professor from the Hongik University does not believe cryptocurrencies are safe from market recession
Steve Forbes: ‘Bitcoin is a High-Tech Cry For Help’
12.6.2020
Media magnate Steve Forbes has described crypto assets as “a high-tech cry for help” resulting from the failures of contemporary fiat money systems
Market Wrap: Bitcoin Is Still Up 30% in 2020 After a Bumpy Week
12.6.2020
The crypto market seems more closely tied to traditional markets now, but is handily beating stocks year-to-date