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Market Wrap: Bitcoin Closing in on $9,900 as Crypto Market Volatility Persists
4.6.2020
Crypto derivatives volume had a record month in May - and volatility contributes to fueling that growth
A Number of Hong Kong Vending Machines Support Bitcoin Cash Payments Over BTC
4.6.2020
Just recently, cryptocurrency evangelist Roger Ver shared a video on Twitter that shows a number of vending machines in Hong Kong that accept bitcoin cash and ethereum, but not bitcoin. A bunch of people got upset at the Tweet, including the crypto-pundit Tone Vays because they couldn’t deal...
Coronavirus Lockdown Boosts Bitcoin Trading in Russia
4.6.2020
COVID-19 pandemic seems to be one of the drivers behind the recent sharp increase in Bitcoin trading volume across Russia
Bitcoin DeFi Startup Atomic Loans to Launch Lending This Summer
4.6.2020
Atomic Loans, a provider of non-custodial bitcoin (BTC)-backed loans, has had a “great start” with their borrowing service, while the lending side of the protocol is expected to go live on mainnet in two months, Co-Founder and Chief Technology Officer (CTO) Matthew Black told Cryptonews.com.
The...
Ousting the Greenback: USD Still King as BTC and CBDCs Mount Challenge
4.6.2020
The advent of digital money will threaten the U.S. dollar’s global dominance, but it won’t be easy to dethrone the current global reserve currency
What’s Happening in Crypto Markets Right Now? Join Live TA From Big Cheds & Korean Jew Trading
4.6.2020
Wondering what’s happening in crypto markets right now? Join live TA with traders Big Cheds and Korean Jew Trading
Bloomberg: Only a Matter of Time Before Tether Overtakes Ether as #2
4.6.2020
Bloomberg’s report that provides crypto outlook for June says that it expects Tether to pass Ether as the number two cryptocurrency on the strength of the dollar
Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China
4.6.2020
China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. Testimonials also show that 64 mining operations in the prefecture in Yunnan...
Blockchain Bites: Bitmain’s Shakeup, Bitcoin’s Resilience and Ethereum’s Anonymity
4.6.2020
Bitmain's ousted co-founder reportedly retook the company's office building while a protocol update made Bitcoin more resilient to state attacks
Bitcoin News Roundup for June 4, 2020
4.6.2020
Bloomberg thinks BTC could hit $20K. It's CoinDesk's Markets Daily Podcast
Bittrex, Poloniex Added to Lawsuit Claiming Tether Manipulated Bitcoin Market
4.6.2020
An amended lawsuit alleging Tether and Bitfinex manipulated the bitcoin market is now claiming Poloniex and Bittrex were also involved
Bitcoin Trader Axes 4-Year Bull Cycle Forecast After $10K ‘Triple Top’
4.6.2020
The price of Bitcoin is at risk of falling to $6,000, a prominent trader known as Pentarhudi warns after a 14% price drop
Eidoo to Burn 80% of Company’s Token Holdings to Kickstart One of the Biggest Daos in Defi
4.6.2020
Switzerland, 4th June 2020. Swiss-based crypto platform Eidoo is upgrading its native utility token into a governance token that will power a new cross-chain DAO. In a collaborative decision by Eidoo and pTokens, the $EDO token will be upgraded into $PNT later this month so that it can be used...
Bitmain’s Feuding Co-Founders Are Fracturing the Firm and Staff Are Caught in the Middle
4.6.2020
Staff at bitcoin miner manufacturer Bitmain are being forced to choose between its two co-founders as a long-running feud over control of the firm worsens
Japanese Finance Minister Shoots Down Plan to Cut Bitcoin Tax to 20%, Cites Crypto-Divide
4.6.2020
Japan’s finance minister Taro Aso says he is opposed to reducing tax on bitcoin income to 20%, on par with stock dividends, arguing that most Japanese households find it difficult to invest in digital assets. The development suggests that Japan will uphold its current definition...
Bitcoin Mining Difficulty Sees its 8th Biggest Drop in History
4.6.2020
After the second post-halving difficulty adjustment, mining Bitcoin (BTC) has just got easier again, helping miners improve their profit margins.
Bitcoin mining difficulty, a measure showing how hard it is to compete for mining rewards, has dropped 9.29% today. This is its second drop in a...
Bitcoin Is a Paradigm Shift Beyond Wall Street
4.6.2020
A former Goldman Sachs vice president of investment banking: “We should be glad that traditional Wall Street hasn’t come around to embrace crypto yet.”
Indian P2P Bitcoin Trading Flourishes Amid Regulatory Warming
4.6.2020
Peer-to-peer Bitcoin trading is surging in India, with P2P crypto marketplace Paxful reporting significant increases in Indian volume and account registration
Craig Wright Fights Back: 'You Don't Understand Digital Signatures At All'
4.6.2020
‘Stack Sats’ Bitcoin Figure Tells Europe as ECB Prepares $1.5T Bailout
4.6.2020
As the European Central Bank doubles its emergency asset purchase program, Bitcoin seems an ever stronger fiat opt-out