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Blockchain Bites: Bitcoin’s Difficulty Adjustment and More
20.5.2020
Big Tech firms outlined the dangers of letting the US fall behind in strategic blockchain initiatives while a former Coinbase lawyer is moving to a top government seat
Bitcoin News Roundup for May 20, 2020
20.5.2020
Bitcoin's halving busted a lot of miners while Samsung adds blockchain e-gaming. It's CoinDesk's Markets Daily podcast
Someone Just Moved 50 Bitcoins, Prompting Speculations It's Satoshi Nakamoto
20.5.2020
50 bitcoins (BTC) (USD 477,500), minted in the first month of Bitcoin's existence and untouched for more than 11 years were moved today, prompting a wave of speculations that Satoshi Nakamoto "has awakened." However, multiple industry players denied that these coins were moved...
Hackers Target Enterprise Blockchains
20.5.2020
Private blockchains that have been specifically designed for enterprise use could be highly desirable targets for hackers’ attacks
Exposure to -1x the Daily Performance: Bitcoin.com Exchange Adds Inverse Token BTCSHORT
20.5.2020
During the last few months, Bitcoin.com’s cryptocurrency exchange has added a number of new coins and features. Today, Bitcoin.com Exchange has added an Ethereum-based inverse token called “BTCSHORT,” a token that gives users exposure to the inverse or -1x the daily performance...
Did Satoshi Just Move His Coins for The First Time in 11 Years?
20.5.2020
Bitcoin’s founder Satoshi Nakamoto may have just moved his coins as an 11 year old address moved the entirety of its funds to an untraceable chain
Chinese Communist Party Wants Members to Learn about Bitcoin + More News
20.5.2020
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.
Adoption news
The Chinese communist party has published a new book about digital currencies designed to educate party members...
Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving
20.5.2020
Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected...
Darknet Turns To Bitcoin Mixers As Exchanges Get Stricter
20.5.2020
The first three months of 2020 saw more bitcoin (BTC) sent by darknet entities to mixers, and less to verification-required exchanges, found Crystal Blockchain, a research arm of blockchain technology group Bitfury, indicating shady or criminal characters' preference for anonymous services.
Due...
Grayscale’s Bitcoin Holdings Pass $3 Billion, Growing 76% Year-on-Year
20.5.2020
American digital asset management fund Grayscale has continued to grow, with the total assets under management hitting $3.8 billion
Binance-Backed Crypto Travel Firms Travala.com and TravelByBit Merge
20.5.2020
Hotel booking service Travala.com and flight booking website TravelByBit — both of which accept cryptocurrencies as payment — announced the merger of their platforms
Report: Africa Is Bullish on Crypto Despite Infrastructure and Regulatory Hurdles
20.5.2020
According to a new report, African nations have the highest rates of cryptocurrency adoption throughout the world
Trezor Team Making a Bitcoin Wallet Chip to Disrupt Multi-M Dollar Industry
20.5.2020
SatoshiLabs, the manufacturer of the Trezor hardware wallet, has announced a new initiative, dubbed 'Tropic Square', the goal of which is to create open-source chips.
Tropic Square stands for 'TRuly OPen IC,' and is a new company built by SatoshiLabs founders Pavol Rusnák and Marek Palatinus...
First Mover: Bitcoin Just Got Easier to Mine, But for How Long?
20.5.2020
Bitcoin's mining "difficulty" just fell 6%, giving small-scale miners a reprieve. But this is only a small dip before an even steeper ascent
Bitcoin Options: Deribit Exchange Sees Record Open Interest of $1B
20.5.2020
Open interest in bitcoin options listed on the Panama-based exchange jumped to a record $1 billion Tuesday, according to data from Skew
Bullishness Spreads to Major Altcoins (Except XRP) in Wake of Bitcoin Halving
20.5.2020
Despite Bitoin’s (BTC) recent halving on May 11 diverting some of the attention, other major cryptoassets have also seen strong performance in the days following the event, with early signs now indicating that the bullishness in BTC may be spreading to the broader crypto market.
Following...
Bitcoin Suisse Targets Institutional Clients With Secure Custody, Staking for Tezos
20.5.2020
Major Swiss crypto broker Bitcoin Suisse has added custodial support and staking services for Tezos, using its PwC-audited vault storage
Hyperblock Bitcoin Mining Servers and Datacenter Infrastructure to Be Auctioned off in Public Sale
20.5.2020
Thousands of mining servers and all the datacenter infrastructure needed to operate them will be auctioned off in an upcoming public sale of Hyperblock’s property. The company has announced on Thursday, May 14, 2020, that its 20MW Montana, USA datacenter went offline and that it has ceased...
Bitcoin Price Past $10K? It Only Needs 0.7% of US Stimulus Check Money
20.5.2020
With a second stimulus check handout on the way, less than 1% of the $478 billion in cash is needed to buy up the entire year’s Bitcoin supply
Bitcoin and Altcoins Preparing For Next Move
20.5.2020
Bitcoin price remained below the key USD 9,950 and USD 10,000 resistance levels. On the downside, there is a major support forming near the USD 9,550 level. Therefore, BTC seems to be preparing the next break either above USD 10,000 or towards USD 9,000.
Similarly, most major altcoins are likely...