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Market Update: Bitcoin Train Inches Toward $10K, Wild Predictions, Trillion Dollar Crypto Economy
10.6.2020
On Wednesday, the market valuation of all 5,000+ cryptocurrencies is worth around $277 billion after a few coins gathered decent gains during the morning trading sessions. Today, bitcoin is trading for over $9,783 per unit and many traders believe the asset will surpass $10K once again. However...
Human Rights Foundation Funds Bitcoin Privacy Tools Despite ‘Coin Mixing’ Legal Stigma
10.6.2020
The Human Rights Foundation took a strong stance on bitcoin privacy tech Wednesday by announcing its new Bitcoin Developer Fund
Cointelegraph Research: Bitcoin Still Outperforms Stocks After Halving
10.6.2020
Strong network fundamentals, accumulation by institutional investors, and BTC’s year-to-date performance point to a positive future for Bitcoin
Even Russia’s Economy Ministry Doesn’t Want Crypto Ban, Derides Bill
10.6.2020
Russia’s long and winding road to crypto regulation has taken another unexpected twist – with the country’s Economy Ministry wading into a bitter dispute between pro-business groups and the crypto-skeptic Central Bank – with experts claiming that a new impasse could see regulation “delayed by...
Ledger Adds Bitcoin Buying; Brave Fork; Ethereum Cashback + More News
10.6.2020
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.
Adoption news
Major crypto hardware wallet manufacturer Ledger launched a crypto buying option on their Ledger Live application....
Bitcoin News Roundup for June 10, 2020
10.6.2020
As Chinese students prepare for bitcoin questions on their university entrance exams, some analysts say BTC is near the start of a multi-month bull run
Microsoft Releases Bitcoin-Based ID Tool as COVID-19 Tracing Draws Criticism
10.6.2020
Microsoft’s Bitcoin-based decentralized identity tool, ION, just went live with a beta version on mainnet
Microsoft Releases Bitcoin-Based ID Tool as COVID-19 ‘Passports’ Draw Criticism
10.6.2020
Microsoft’s Bitcoin-based decentralized identity tool, ION, just went live with a beta version on mainnet
A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless
10.6.2020
Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours. Reports from China show that a number of small mining operations are struggling and older bitcoin...
Two Sides of the Same Derivative: Comparing Traditional and Crypto Markets
10.6.2020
Here’s how the crypto derivatives market compares to the traditional derivatives one
Bakkt, Galaxy Digital to Offer Joint Bitcoin Custody Solution for Institutions
10.6.2020
Bakkt and Galaxy Digital plan to offer a "white glove" trading and custody solution targeting institutions this year
This Week in Crypto: A Data Perspective
10.6.2020
Powered by It’s been almost a month since the anticipated Bitcoin halving occurred, even if it feels like months goContinue Reading
The post This Week in Crypto: A Data Perspective appeared first on CoinMarketCap Blog
Bitcoin Doesn’t Take Sides: Why Apolitical Solutions Are the Internet’s Future
10.6.2020
Companies that take political stances are in a never-ending war with public opinion. Bitcoin doesn’t take sides and that's why it wins, says our columnist
First Mover: Bitcoin Bulls Might Get Negative Rates From Central Banks, Just Not the Fed
10.6.2020
The Fed may remain intransigent about negative rates, but bitcoin may benefit from other central bankers who are keeping the option firmly on the table
EToro CEO Predicts Market Crash ‘Within 3 Weeks’ — Safe Haven Bitcoin?
10.6.2020
The largest cryptocurrency’s gradual “decoupling” from stocks may see a major test in the coming weeks, warns eToro’s Yoni Assia
Bitcoin Options Open Interest Rises 50% in a Month to Hit $1.5 Billion
10.6.2020
Just over a month since open interest in Bitcoin options hit a record high of $1 billion, the latest figures show that it has increased 50% to break $1.5 billion
Stocks Steal Spotlight From Bitcoin Despite Market Crash Warnings
10.6.2020
Stock market seems to have stolen some attention from bitcoin (BTC), with young investors turning to equities. But as many expect a sharp correction and more volatility ahead, crypto analysts wonder what this would mean for the world's oldest crypto.
"So far bulls are in charge," writes...
Another Data Point Suggests Bitcoin Close to Prolonged Bull Market
10.6.2020
Bitcoin could be on the verge of breaking into a multi-month bull run, according to a lesser-known data metric
Bitfury to Launch Bitcoin Mining Fund for Institutional Investors in Japan
10.6.2020
Bitfury is planning to launch a Bitcoin mining fund in Japan following a rollout of the offering in North America last month
Loophole in U.S. Tax Law Could Allow Bitcoin Traders to Write off Unlimited Losses
10.6.2020
A loophole in the U.S. tax law could allow qualified bitcoin traders to write off unlimited losses from their trading activities, according to an expert from crypto tax platform Coin Tracker. Traders, defined by U.S tax collection agency Internal Revenue Service (IRS) as people who trade...