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Bitcoin May Be the Solution to Africa’s Broken Financial System
27.5.2020
According to a recent report, Africa’s lack of traditional financial infrastructure makes the region fertile ground for cryptocurrency adoption
South Korea is Exploring New Crypto Tax Laws
27.5.2020
The government of South Korean is preparing to legislate crypto taxes by proposing a new amendment to the existing law
Bitmain Cofounder Allegedly Expelled – Could Face Litigation for Operation Interference
27.5.2020
One of the largest ASIC mining manufacturers worldwide, Bitmain, has allegedly ousted cofounder Micree Zhan. Regional reports note that he’s been threatened with litigation if he interferes with company operations. According to two local announcements written in Chinese, Bitmain has warned...
Here's What People Bought With Their Bitcoin Profits
27.5.2020
Cars, pinball machines, virtual private networks (VPN), more cars - these are some of the things people have recently purchased with their bitcoin (BTC) profits.
Some BTC owners are hodlers, some are traders, but all wish to build a world where they own and manage their fortunes and are able...
Price Analysis 5/27: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADA
27.5.2020
Most major cryptocurrencies have seen strong buying at lower levels, which shows traders remain interested in buying the dips
Goldman Sachs: Cryptocurrencies ‘Are Not an Asset Class’
27.5.2020
Goldman Sachs held an investor call Wednesday to discuss current policies for bitcoin, gold and inflation. The stalwart investment bank is still no fan of bitcoin or other cryptocurrencies
BitMEX Rejects Bold Lawsuit Claims as ‘Clearly Rehashed’ Internet Bunk
27.5.2020
Bitcoin price manipulation, money laundering and racketeering are just some of the complaints against BitMEX, but is there any merit to them?
Canadian Exchange Bitbuy to Offer 1:1 Bitcoin Deposit Insurance
27.5.2020
Toronto-based cryptocurrency exchange teams up with a local security firm to offer full security against “the unthinkable”
Bitwage and Gemini Partner to Launch Bitcoin-Based Retirement Plan for Employees
27.5.2020
Cryptocurrency payroll service Bitwage has announced the launch of a Bitcoin 401 (k) plan, allowing companies to give their employees a BTC-based retirement plan. In a press statement, Bitwage, which claims to have tested the product on its own employees for 10 months, said workers now have...
Roger Ver Wants to Buy Bitcoin.org
27.5.2020
As the site’s current owner prepares to depart, Roger Ver shares his interest in buying the Bitcoin.org domain
Bitcoin Transaction Fees Decline as Network Congestion Eases
27.5.2020
After facing a heavy load of transactions earlier this month, bitcoin's network has returned to a more normal level, recent developments suggest
Bitcoin News Roundup for May 27, 2020
27.5.2020
While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's another episode of CoinDesk's the Markets Daily podcast
After BTC Visits $8.6K, Crypto Traders Predict Bitcoin Price’s Next Stop
27.5.2020
The price of Bitcoin dropped to $8,600 and is now fluctuating just above $9,000, showing high volatility as several factors make its next step unclear
Goldman Sachs Butts Heads With Bloomberg Over Bitcoin
27.5.2020
Goldman Sach starkly disagrees with Mike Bloomberg on cryptocurrency as an asset class worthy of investment interest
The Future of Digital Assets: Stepping Into the World of Mainstream Crypto
27.5.2020
Let’s take a look at some of the possible use cases for crypto and blockchain in the forthcoming years and decades. Surely though, there is much more to come
Bull Run Imminent? Hodl Waves Chart Shows 60% of Bitcoin Hasn’t Moved in a Year
27.5.2020
According to the creator of the analytical bitcoin data web portal, Look Into Bitcoin, a chart often referred to as ‘Hodl Waves’ shows a bull run could be imminent. The web portal’s analyst Phillip Swift recently tweeted that 60% of all the bitcoin in circulation hasn’t...
Number of Bitcoins on Crypto Exchanges Hits 18-Month Low
27.5.2020
The total amount of bitcoins held in cryptocurrency exchanges wallets dropped to an 18-month low just above 2.3 million on Monday, according to data estimates from Glassnode
Bakkt Physical Bitcoin Futures Beat Cash Ahead of Major CME Expiry
27.5.2020
Volumes for Bakkt’s futures delivered in BTC are trumping fiat settlements as markets rise to fill a days-old CME gap
Coinbase Acquires a New Tool For Buyers of 'USD 100M of Bitcoin'
27.5.2020
Source: a screenshot, Instagram/Coinbase
In an attempt to attract more institutional traders, major crypto exchange Coinbase agreed to acquire another major player in the crypto industry, Tagomi, a New York-based crypto brokerage.
Terms of the acquisition, that is pending regulatory approval...
$13B Custodian Launches Retirement Account Supporting Bitcoin
27.5.2020
Kingdom Trust, a regulated custodian managing over $13 billion in assets, has launched a retirement account supporting both Bitcoin and legacy assets