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Miners Are Selling More of Their Bitcoin. That May Actually Be Bullish
3.6.2020
The conventional wisdom could be challenged because miners mainly operate on cash, meaning they need to liquidate their holdings almost daily to fund the cost of mining
Bitcoin News Roundup for June 3, 2020
3.6.2020
Not so good news for fans of $10K BTC. It's CoinDesk's Markets Daily Podcast
Top Traders Debate Future of BTC After Bitcoin Price Drops to $8.6K
3.6.2020
The price of Bitcoin abruptly dropped to $8,600 in less than five minutes on June 1, and top crypto traders are split on the direction it will go
The Lizard People Invented Bitcoin: Why Crypto is a Hotbed for Conspiracy Theories
3.6.2020
Just because you’re paranoid doesn’t mean they aren’t after you
Bitcoin Upgrade, Pu’er on Blockchain, Underground Miners + More News
3.6.2020
Pu'er tea. Source: Adobe/昊 周
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.
Bitcoin news
Bitcoin Core version 0.20.0 has been released and is now ready for launch. Per...
New Quantum Model for BTC Predicts Bottom in 2021 Before 2022 Bull Run
3.6.2020
New Bitcoin model based around quantum analysis predicts a potential BTC price drop as low as $2,000 before the next bull-run proper starts in 2022
Scammer Spoofs SMS Identifier to Steal Funds From Bitcoin User
3.6.2020
A Bitcoin exchange transaction resulted in a user getting scammed as a spoofed SMS message from a payment app made it seem that the attacker executed the payment
Relief to Bitcoin Miners as Double-digit Difficulty Adjustment In Sight
3.6.2020
With the second post-halving bitcoin (BTC) mining difficulty adjustment set to occur shortly, miners might once again breathe a sigh of relief after the previous such event also made life easier for players in the highly competitive industry.
This time, difficulty, a measure showing how hard it...
Bitcoin’s Flash Rally to $10,400 was “Fake”, Short the Cryptocurrency, Warns Renowned Trader Bollinger
3.6.2020
Long time trader John Bollinger has warned that bitcoin’s flash rally to over $10,400 on Monday was fake, adding that losses might be on the way. “This is a Head Fake at the upper Bollinger Band for $btcusd,” tweeted Bollinger, inventor of the Bollinger Bands indicator....
Did Vitalik Buterin Just Say That Ethereum Is Now More Important Than Bitcoin?
3.6.2020
Vitalik Buterin. The crypto space needs to acknowledge and adjust to the reality that finance is no longer as important as it was in the last decade, and embrace the current shift from crypto as finance to include crypto as decentralized entities as well, Ethereum (ETH) co-founder Vitalik Buterin...
Bitcoin Demand Already Outpacing Supply - CoinShares' Demirors
3.6.2020
Meltem Demirors. Source: a video screenshot, Youtube, Bloomberg Technology
Bitcoin (BTC) demand is already outpacing supply, sending another bullish sign to the market, according to Meltem Demirors, Chief Strategy Officer at the crypto asset management firm CoinShares.
“We’ve seen a tremendous...
Bitcoin is NOT DEAD; It is Just Another Day in Crypto!!
3.6.2020
Bitcoin reversed its bullish streak and just formed the other leg of the table on the intraday chart as it lost 8% in just minutes from trading around $10,100 to a candlewick dip around $9.2k on Coinbase. Important to note that as and when BTC price has breached above $10k in the ongoing year until...
Jinxed it? Indicator Bets Bitcoin Won’t Fall Below $10K After August
3.6.2020
Lowest price forward claims that after August this year, Bitcoin will never trade below five figures again
First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K
3.6.2020
After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases
Coinbase Repeats Pattern of Shutting Down When Bitcoin Gets Volatile
3.6.2020
Members of Crypto Twitter are speculating the busiest exchange in the U.S. may be intentionally crashing its site during volatile times
Hackers Threaten to Use Stolen Data from Coinsquare for SIM Swapping
3.6.2020
More than 5,000 email addresses and other personal information obtained from Canadian crypto exchange Coinsquare may be used in SIM swapping attacks.
Hackers got their hands on personal data on users from Coinsquare's database, and Vice's Motherboard cites one of the hackers saying that "the...
Chinese Police Find Secret Bitcoin Mining Operation in Suspected Tombs
3.6.2020
Chinese law enforcement discovered an illegal Bitcoin mining operation in what appeared to be multiple underground burial sites
Bitcoin Cash
3.6.2020
On August 1, 2017, the Bitcoin protocol underwent a hard fork which split the network in two and gave birth to Bitcoin Cash. Tired of the infighting and perceived lack of progress on Bitcoin’s scaling debate, and unhappy with the decision to go ahead with the Segregated Witness or SegWit...
Bitcoin and Altcoins Consolidating Losses, Upsides Could Be Capped
3.6.2020
Yesterday, we saw a strong increase in bitcoin price above the USD 9,950 and USD 10,000 resistance levels. BTC even climbed above the USD 10,200 level, but it struggled to continue above USD 10,400. Also yesterday, there was a sharp decline below USD 10,000 and the price tested the USD 9,300...
VanEck’s MVIS and CryptoCompare Launch Bitcoin Benchmark Rate
3.6.2020
VanEck company MVIS and crypto data provider CryptoCompare are launching a new hourly Bitcoin Benchmark Rate