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Price Analysis 5/22: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADA
22.5.2020
Bitcoin is likely to consolidate between $8,800-$10,000 over the coming week
Gox Rising Offers USD 800 Per Bitcoin, Canaan Disappoints, Coldplay Player Goes Crypto + More News
22.5.2020
Brock Pierce of Gox Rising. Source: a video screenshot, Youtube, IPSE
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.
Exchanges News
Puerto Rico-based firm Gox Rising, led...
"It’s Just a Matter of Time" Before BTC Break's All-Time High, Investment App CEO Says
22.5.2020
One Crypto industry CEO sees Bitcoin hitting all-time highs at some point as the perfect facilitatory atmosphere sets up the move
Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China
22.5.2020
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that...
Blockchain Bites: Iran and Russia Revisit Crypto Regulations, Bitcoin Pizza Day 10 Years Later
22.5.2020
Ten years ago today someone spent 10,000 bitcoin on about $30 worth of pizza. Today, nations are redrafting crypto regulation and crypto firms report millions in revenues
Bitcoin Will Create a New Economic Elite in 2020
22.5.2020
The economic crisis caused by the coronavirus outbreak has clearly shown the advantages of the decentralized technologies and cryptocurrency
Play-to-Earn Crypto Gamers Flip Virtual Properties for Fiat Rewards
22.5.2020
Upland announces a partnership with Tilia Pay that allows players to earn fiat for virtual property transactions
10 Years After Laszlo Hanyecz Bought Pizza With 10K Bitcoin, He Has No Regrets
22.5.2020
Laszo Hanyecz's 10,000 BTC pizza buy 10 years ago has a special place in bitcoin folklore, highlighting, however expensively, that participation is necessary for network success
Bitcoin Survived Halving, but Death Spiralists Still Say BTC Is Doomed
22.5.2020
The probability of a BTC network collapse in the next five years “is quite high — well over 50%,” said venture capitalist Zach Resnick
Happy Bitcoin Pizza Day: This is How "Toppings" Changed in 10 Years
22.5.2020
Between the event that'll live on as Bitcoin Pizza Day ten years ago and today, the world's first cryptocurrency, Bitcoin (BTC), saw it's network metrics increase by six, eight, even fifteen digits.
Happy Bitcoin Pizza Day, Cryptoverse! For those who are new to this event, today we celebrate...
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
22.5.2020
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African...
Bitcoin Price Bulls Have Only One Objective Before Next Week Starts
22.5.2020
#Bitcoin price momentum stalls with the latest dip below $9K but here’s what can ignite a new bull market cycle
RenBTC Quietly Goes Live in Latest Bid to Bring Bitcoin Into Ethereum
22.5.2020
RenBTC, the latest implementation of bitcoin on the Ethereum blockchain, quietly went live this week, though the general public can't yet mint thier own tokens
3 Bitcoin Price Metrics Just Converged — A Bull Run Has Always Followed
22.5.2020
A basket of one quant analyst’s favorite metrics is still overly bullish, casting aside this week’s Bitcoin price drop
How’s the Bitcoin Community Celebrating the Bitcoin Pizza Day
22.5.2020
For any newborn industry, there’s one moment in time that defines its future, and the crypto space is no different. On 22nd May 2010, a young man named Laszlo Hanyecz, now popularly known as the Bitcoin Pizza Guy, bought two pizzas at Papa John’s pizza joint for, hold your breath...
Canaan Reports $5.6M Loss in Q1 Despite Bitcoin Miner Price Cut
22.5.2020
The China-based manufacturer had cut the pricing for its bitcoin miners by half during the first three months
Kleiman Lawyers: Craig Wright ‘Has Keys to Encrypted BTC 820,200 File’
22.5.2020
Craig Wright. Source: a video screenshot, Youtybe, CoinGeek
The long and bitter legal struggle between Dave Kleiman’s estate and Australian computer scientist Craig Wright has taken a new twist, with the former’s legal team claiming Wright has the keys to an encrypted file that may contain...
This is Why This Investor Prefers Stocks Over Bitcoin and Gold
22.5.2020
Peter Mallouk. Source: a video screenshot, Youtube, Creative Planning Inc.
Despite a number of investors and asset managers urging people to buy “hard assets” like bitcoin (BTC) and gold as protection against central bank’s love for money printing in the wake of the COVID-19 crisis, one wealth...
Bitcoin and Altcoins Recovery Could Be Short-Lived
22.5.2020
Yesterday, we saw a strong bearish wave below the USD 9,550 support zone. It opened the doors for more losses and BTC price traded below the USD 9,200 support. The price tested the USD 8,800 support and it is currently (08:30 UTC) correcting higher above USD 9,000.
Similarly, most major altcoins...
Don’t Buy Bitcoin, Says Wealth Exec as Lebanon Chooses BTC Over Fiat
22.5.2020
Bitcoin and gold are “too speculative” and it’s better for investors to trust the government to pay them back, claims Peter Mallouk