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Liquidations May Loom as Altcoin Bulls Hold Despite Shorts Spiking
12.6.2020
Many altcoin bulls are holding longs in spite of yesterday’s sudden down-turn in the Bitcoin markets. However, altcoin shorts are quickly rising too
Bitcoin and Altcoins Turn Red, Upsides Likely To Remain Capped
12.6.2020
After multiple failures to clear the USD 9,850 and USD 10,000 resistance levels, bitcoin price reacted to the downside. BTC broke many important supports near USD 9,550 and declined close to 7%. It tested the USD 9,050 support zone and currently (9:20 UTC) correcting higher.
Similarly, most major...
Bitcoin Realized Cap Hits $106B Record as ‘Fear’ Returns to BTC Index
12.6.2020
Coin Metrics’ popular indicator continues its relentless uptrend despite bearish sentiment creeping into Bitcoin markets
Stock Sell-Off Eases While Bitcoin Follows Stocks Again
12.6.2020
After a day of heavy selling in both stocks and the crypto market yesterday, yet another rise in correlations between the stock market and bitcoin (BTC) has caught traders’ attention.
As of press time on Friday morning (08:33 UTC), bitcoin was down by 3% over the past 24 hours to trade at a price...
Karpeles Says Mt Gox Verdict May Set ‘Dangerous’ Precedent
12.6.2020
A day after a Tokyo court upheld charges against him, Mark Karpeles, the former owner and CEO of Mt. Gox, spoke to Cointelegraph
Why This Dev Built a ‘Centralized Ethereum’ on Top of Bitcoin’s Lightning Network
12.6.2020
Ethereum showed the limits of decentralization, says the creator of an explicitly centralized version that pays contracts via Bitcoin’s Lightning Network
Bitfinex Hackers Move Another $4.1 Million Bitcoin in Their Biggest Pay Day Yet
12.6.2020
Cyber-thieves from the Bitfinex hack of four years ago continue to cash out, this time transferring the equivalent of $4.1 million in bitcoin to an unknown wallet address. Crypto tracking tool Whale Alert reports that hackers moved 416 bitcoin (BTC) on June 11. The funds, valued at $4.1 million...
15 People Plead Guilty in Bitcoin-Powered Fake Auctions Case
12.6.2020
The U.S. Department of Justice received two more guilty pleas from Romanian nationals involved in a crypto-fuelled transnational cyber fraud ring on June 11
Tiny Tax Haven Accounts for $36B of Cross-Border BTC Transactions
12.6.2020
Seychelles-based exchanges moved $36 billion worth of Bitcoin across international borders in 2019
3 On-Chain Metrics Crypto Investors Use to Track Bitcoin Network Activity
12.6.2020
On-chain data provides valuable insight into the Bitcoin network and BTC price action, but which metrics are useful for the average investor?
Bitpay Reveals Crypto-to-Fiat Prepaid Mastercard, Firm’s Flagship Visa Card Ends in December
12.6.2020
On June 11, 2020, the cryptocurrency payment services provider, Bitpay announced the firm is launching a prepaid Mastercard that can be loaded with a variety of digital assets. The Atlanta-based company says the card can be spent anywhere Mastercard is accepted and users can “instantly...
Data Appear to Contradict Bitfinex’s Dwindling Bitcoin Deposits Narrative
11.6.2020
Bitfinex’s Bitcoin deposits diminished by 135,000 BTC and data appears to contradict the exchange’s rationale for this occurrence
Market Wrap: Stocks’ Carnage Drags Bitcoin Down to $9K
11.6.2020
A somber economic outlook ahead is causing markets to dip, and bitcoin is a part of that sentiment as well
Non-Monetary Bitcoin Use Cases: Virtual Power Plants & Digital Identities
11.6.2020
Visualization by Layer1. Bitcoin (BTC) is proving to be not only a monetary technology, as entrepreneurs find new applications in an increasing number of areas. This week, Brandon Arvanaghi, Layer1 Technologies Chief Security Officer (CSO), explained how Bitcoin is used to stabilize electrical...
Russian Ministry Slams Bill to Ban Crypto — Experts Warn Easy to Bypass, Creates Black Market
11.6.2020
Russia’s Ministry of Economic Development has informed parliament of its disapproval of the bill to ban cryptocurrency. Experts say a ban will be ineffective as people can use technology to bypass it, leading to the creation of an “uncontrolled black market.” Russian Ministry...
Bitcoin Price Drops to 2-Week Low After Sell-Off Triggers $800 Correction
11.6.2020
Bitcoin’s struggle to reclaim $10K came to an abrupt end as the price abruptly dropped to $9,100
Join Crypto Markets Live Now to Learn How Experts Trade Crypto With CryptoBirb & Big Chonis
11.6.2020
What’s the secret behind expert traders’ decision making? Find out now with CryptoBirb and Bigo Chonis on this week’s Crypto Markets Live!
Binance Adds New Bitcoin Futures as Crypto Market Volume Turns Bearish
11.6.2020
A cautious mood in the Bitcoin futures markets contrasts with Binance’s optimistic launch of quarterly contracts
Japanese Judge Upholds Charges Against Mt Gox’s Mark Karpeles
11.6.2020
A Japanese judge ruled in support of the data tampering charges moved against the CEO of now-defunct crypto exchange Mt. Gox
Estonian Crypto Purge; BitPay Card; Three Arrows Hit Grayscale + More News
11.6.2020
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.
Regulation news
Estonian regulators worried that crypto-related firms are using their local credentials to help commit fraud...