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Price Analysis 6/12: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, XTZ
12.6.2020
Bitcoin sold off as stocks corrected on June 11, but BTC and altcoins are failing to recover even as equities markets move higher
4 Reasons Why Bitcoin is The Best Hedge Against Uncertainty
12.6.2020
Bitcoin Strategist at Kraken, Pierre Rochard, explains why Bitcoin is the perfect asset against uncertainty despite its high volatility
Lebanon's Central Bank Burns as Protesters Rail Against Fiscal Failures
12.6.2020
A spiralling currency crisis in Lebanon sparked widespread protests targeting central banks an increasing embrace of digital assets
Drug Dealer Just Sentenced to 25 Years Hoped to Build a Better Bitcoin Miner
12.6.2020
Paul Calder LeRoux, an admitted drug dealer with a background in encryption, planned to build a bitcoin miner had he beaten the rap
3 Reasons Why Bitcoin Price Could Crash if US Stock Market Collapses
12.6.2020
Experts are anticipating a stock market crash in the near term. Bitcoin may follow suit due to three main factors
Canadian Regulator Unveils the Truth Behind Collapsed Crypto Exchange Quadrigacx
12.6.2020
The Ontario Securities Commission (OSC) has completed its investigation of what happened to the defunct cryptocurrency exchange Quadrigacx which owes over 76,000 clients a combined $215 million in assets. Supposedly deceased, its founder Gerald Cotten was found to have committed a series of fraud...
Petro for Petrol, Karpeles' Guilt, Cotten's Ponzi, Frozen Bitmain + More News
12.6.2020
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.
Crypto adoption news
The Venezuelan government says that 15% of fuel payments at petrol stations were made in petro (PTR) in...
Bitcoin News Roundup for June 12, 2020
12.6.2020
With the price of BTC dropping more than 6% overnight, CoinDesk's Markets Daily is back with your bitcoin news roundup
Bitcoin Mining Difficulty Set for Highest Jump in Nine Months
12.6.2020
If everything goes as estimated, miners are about to experience the rise in Bitcoin (BTC) mining difficulty not seen since September last year, as more mining machines are back to work, increasing security of the network.
The next Bitcoin mining difficulty adjustment is expected to happen...
Number of Active Bitcoin Addresses Could Indicate $14.7K Price Rise
12.6.2020
A key on-chain metric that Bloomberg bets on, points to a Bitcoin bull run with possible 50% price appreciation
Watch Q3 and Millennials Before Next Major Bitcoin Move – BitMEX CEO
12.6.2020
As bitcoin (BTC) is continuing to struggle with breaking through the USD 10,000 level, a large move “in either direction” is more likely in the second half of the year, according to Arthur Hayes, CEO of crypto derivatives exchange BitMEX. Which way it'll go depends also on millennials' decision...
Singapore’s Three Arrows Capital Buys 6% of Grayscale’s $3.5 Billion Bitcoin Fund
12.6.2020
Three Arrows Capital Ltd has bought a 6.26% stake of the $3.5 billion Grayscale Investment’s Bitcoin Trust. According to a filing with the U.S. Securities and Exchange Commission (SEC), the Singapore-based crypto hedge fund snapped up the equivalent of 21 million shares of the Trust’s...
Crypto Analyst Claims Bitcoin's $20K All Time High Was Fake
12.6.2020
A cryptocurrency analyst has suggested that price manipulation was behind Bitcoin’s current (and previous) all-time highs, and that the $20,000 December 2017 price was “fake.”
First Mover: Bitcoin Recouples With Wall Street as Stocks Tumble, Fear Trade Returns
12.6.2020
Fear has crept back into cryptocurrency and traditional financial markets, with bitcoin falling alongside U.S. stocks on Thursday
Examining the Status of Stablecoin Minting and Burning Activities
12.6.2020
We selectively analyzed six stablecoins — USDT, GUSD, HUSD, PAX, TUSD and USDC — to uncover their minting and burning activities so far in 2020
Indian Crypto Ban Allegedly Moves Forward, Industry Called to Action
12.6.2020
As previously warned by experts, India's fight for crypto wasn't over with the Supreme Court's overruling of the 2018 banking ban. The process of the possible crypto ban is allegedly still ongoing and industry players are being now called to "engage constructively."
India’s Ministry...
Why Bitcoin Suddenly Dropped 6% on Thursday
12.6.2020
The week-long calm in the bitcoin market ended with a sudden $800 price drop on Thursday. Here's three likely reasons why
Indian Government Reconsiders Banning Cryptocurrency: Report
12.6.2020
The Indian government is reportedly reconsidering a plan to ban cryptocurrency and the finance ministry has initiated related inter-ministerial consultations. The move is supposedly spurred by the supreme court quashing the banking ban imposed by the central bank, the Reserve Bank of India (RBI)....
Crypto Hedge Fund Managers: Ether More Like ‘Digital Tungsten’
12.6.2020
According to Exponential Investments crypto fund managers, Ether is digital tungsten to Bitcoin's gold
Xapo Suspends Credit Card Crypto Purchases, Shifts Operations to Gibraltar
12.6.2020
Xapo is making changes as it transforms into a digital bank launching later this year