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Central Bank Digital Currencies Are Not a Replacement for Bitcoin: Grayscale

27.5.2020
Leading Bitcoin fund manager Grayscale Investments explains in its recent report that viewing CBDC as a Bitcoin replacement is incorrect

BitGo Launches Full-Service Institutional Trading Platform, BitGo Prime

27.5.2020
Major American digital asset financial services firm BitGo is releasing a new full-service trading platform designed for institutional investors

Major Bitcoin Players Lure Large Investors With New Offerings

27.5.2020
From exclusive trading services to investment in Bitcoin (BTC) mining farms, major crypto players are expanding their product list in order to attract more large investors. Crypto custody company BitGo has announced today the launch of BitGo Prime, to offer institutional trading services, which...

Goldbugs Better Buying Mining Stocks, Bitcoiners Can Stick to Bitcoin

27.5.2020
Over the past year, stock in four major gold mining companies have averaged triple the returns of physical gold, whereas Bitcoin mining companies have tended to underperform Bitcoin

Bitmain Confirms Ousting of Micree Zhan, Threatens Legal Action

27.5.2020
Bitmain issued statements saying that Micree Zhan has been ousted and threatened him and employees supporting him with legal action for not complying

Slipping Yuan May be Good for Bitcoin Price, Past Data Suggests

27.5.2020
With historical data suggesting an intermittent correlation, bitcoin traders may do well to keep an eye on the ongoing slide in the yuan, analysts say

Post Bitcoin Halving Challenges For The Bitcoin Network

27.5.2020
The Bitcoin halving event, which takes place every four years, is the very core of the value and price of Bitcoin. This event limits the supply of Bitcoin and thereby maintains the tradable nature of the cryptocurrency asset. Bitcoin halving is an important part of the incentive system of Bitcoin’s...

Bitcoin and Altcoins Struggle To Gain Bullish Momentum

27.5.2020
After a short-term upside correction, bitcoin price resumed its decline towards the USD 8,800 level. BTC is currently (08:30 UTC) trading in a broad range and it seems to be struggling to clear the USD 9,050 and USD 9,200 resistance levels. Looking at most major altcoins, there were mostly range...

Bitcoin Sees First 12-Month Period with Losses Since 2019 Rally

27.5.2020
After a series of lower highs for bitcoin (BTC) price since its last major rally in 2019, some investors in the number one cryptocurrency may be forced to adjust their expectations, the latest return figures suggest. Following a decline in the bitcoin price of nearly 9% over the past 7 days,...

Bitcoin ‘Hodl Wave’ Data Has Now Been Calling a Bull Run for 5 Months

27.5.2020
Hodl waves show that over 60% of the supply has not moved for a year or more, something which historically has signaled price upside

How Bitcoin is Pitched to Investors

27.5.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists. In the world of global currency trading, bitcoin trading has become the biggest subject of discussion due to its novelty. For a long time, investors interested in financial markets would naturally start...

Bitcoin Price Caught Between Key Support Levels as Bearish Sentiment Grows

27.5.2020
Bitcoin price is struggling to reclaim $9,000, leading investor sentiment to turn bearish on BTC’s short-term price action

Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode

27.5.2020
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...

After Spiking to February 2018 Levels, Bitcoin Fees Have Dropped 54%

27.5.2020
The average Bitcoin fee has fallen by nearly 54% over the last five days, but some believe network congestion could push users to altcoins

$9M and Over 4,500 Fusions – Bitcoin Cash Supporters Anticipate the Cashfusion Audit

27.5.2020
Since November 28, 2019, the Cashfusion protocol has helped facilitate 4,583 fusions to-date with roughly 40,564 bitcoin cash ($9.1M). Cashfusion is an extension of the Cashshuffle platform and the protocol has been deemed “far more practical than other coinjoin protocols.” Bitcoin Cash...