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Coinbase’s Chief Legal Officer Resigns to Oversee US National Banking System
16.3.2020
Coinbase’s chief legal officer is designated by Treasury Secretary Steven Mnuchin to serve at major position at the Office of the Comptroller of the Currency
Italian Red Cross Raises BTC 2.84 to Fight Covid-19 + More News
16.3.2020
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.
Coronavirus news
The Italian Red Cross and the Colli Albani Committee have launched a bitcoin fundraising, raising donations in...
Bitcoin Reacts to Fed’s 0% Rate Drop, Reserve Requirements Removed, $700B in Stimulus
16.3.2020
On Sunday, the U.S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to the rate cut, the Fed promised $700 billion in bond purchases and eliminated all reserve requirements for smaller financial institutions. However, the Fed’s rate...
Why Bitcoin’s Safe-Haven Narrative Has Flown Out the Window
16.3.2020
After the past week, bitcoin will never again be considered a safe haven investment, argues Noelle Acheson. And that’s not a bad thing…
No, Bitcoin Didn’t Uncouple From Stocks But $6K BTC Is Back in Play
16.3.2020
#Bitcoin bounces after worst opening ever for stocks
Bakkt Raises USD 300M from Microsoft's M12 and PayU Among Others
16.3.2020
Bakkt, a physically-settled Bitcoin futures trading platform, has completed a multi-million-dollar fundraising round, bringing the total raised capital to USD 482.5 million.
Bakkt has closed a Series B fundraising round, raising USD 300 million, with participation from investors, including some...
Bitcoin News Roundup for March 16, 2020
16.3.2020
It's the first lockdown week in the United States and the markets are going wild. Here's what happened in crypto
Crypto Market Sentiment is the Lowest It's Been in 6 Months
16.3.2020
Source: iStock/da-kuk
It wouldn't be logical to expect the market sentiment to have gone up given the week crypto market has had. Per crypto market sentiment analysis service Omenics, following the market crash on February 13, the combined moving average 7-day market sentiment measure, sentscore...
Bakkt Closes New $300M Funding Round to Unlock $1 Trillion in Digital Assets
16.3.2020
Bakkt has now totally raised over $480 million after closing a new $300 million financing round on March 13
Bitcoin Yet Again Dipped Below $4500; Is it Approaching 3-Year Low?
16.3.2020
Bitcoin has faced a catastrophic fall of price all the more shockingly today as it has traded way below $5000 again. While there is a significant part of the crypto community, which is considering these vanishing price dips as an opportunity to buy premium crypto coins like BTC, the other part...
While the Crypto Market Was Hemorrhaging Value, These Tokens Mooned
16.3.2020
Why do certain altcoins moon? It’s a question that all crypto holders have pondered at some stage while enviously eyeing the ascent of a token that wasn’t even on their radar, let alone their portfolio. If the performance of obscure tokens in a bull market is discombobulating, how...
Fed Fails to Calm Markets; Bitcoin, Gold Slide Alongside Stocks
16.3.2020
The number one digital asset, bitcoin (BTC), once again saw heavy selling on Monday, after news came out on Sunday that the U.S. Federal Reserve (Fed) is taking emergency measures to mitigate the financial devastation that is currently going on around the world.
As announced by the Fed on Sunday...
Russia’s Central Bank Seeks to Ban Crypto Issuance and Circulation
16.3.2020
Russia’s crypto bill will ban crypto issuance and circulation, a legal exec at the country’s central bank says
Bitcoin’s Ransomware Problem Won’t Go Away
16.3.2020
By the end of 2019, at least $128 million in bitcoin had been paid to ransomware hackers. That's not good optics for a payment system
Bitcoin Sinks Below $5K Despite Fed Reserve’s Slashing of Interest Rates
16.3.2020
The Fed's cutting of interest rates has done little to calm the markets
Bitcoin Slides 15% to $4.5K as Stocks Brace for ‘Black Monday’ Repeat
16.3.2020
Bitcoin stays bearish as a new “Black Monday” scenario gets underway across global markets
Bitcoin Dips Below $5k for 2nd Time in 7 Days; Confirms the Bearish Pull
16.3.2020
Bitcoin price dips below $5,000 just a few minutes ago after three days of price accumulation around $5,000 Within 2 days, BTC has recorded the highest at $5,991 while the lowest at $4,894.39, just minutes ago, from the time of writing The 20-day Bollinger Bands laid shows the prevailing...
‘Not a Drill’ — Business as Usual for Bitcoin as Fed Bails out US
16.3.2020
“No circuit breaks, no bailouts” — Bitcoin functions flawlessly without intervention, despite the global market panic
Bitcoin Drops Below USD 5,000, Altcoins Start Fresh Decrease
16.3.2020
This week started with a fresh increase in selling pressure on bitcoin below the USD 5,500 resistance area. BTC/USD broke a couple of key supports near the USD 5,200 and USD 5,000 levels to enter a bearish zone. It seems like there are chances of more losses below USD 4,800 and...
Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic
16.3.2020
Transferring money over traditional channels may involve a lot of queuing in lines these days. Authorities around the world are trying to prevent large groups of people gathering in confined spaces to reduce the risk of transmitting the coronavirus infection. Remittances are a lifeline for people...