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Bitcoin Balances on Exchanges at 2-Year Low and That May Be a Bullish Sign
28.9.2020
Bitcoin balances on major exchanges have hit their lowest point since November 2018. Yet unlike that time, it may be a positive signal
Decoupling? Bitcoin vs. gold ratio snaps out of 3-year bear market
25.9.2020
A long-term downtrend flips to form bullish support as Willy Woo says Bitcoin’s days of tracking traditional markets are numbered
Stablecoins Hit $20B Milestone, a Nearly 300% Year-to-Date Surge
25.9.2020
The total value of stablecoins has now surpassed $20 billion, reflecting the growing demand of investors looking to hedge their risks in both crypto and traditional markets amid the coronavirus pandemic
Tokenized BTC Crosses $1B Notional: Ethereum Cements Role as Bitcoin’s Main Sidechain
23.9.2020
Years ago when the Bitcoin network started suffering from higher fees and congestion, a number of bitcoiners advocated the use of sidechains in order to relieve the main chain’s duties. However, they didn’t realize that the Ethereum network would solidify its role as Bitcoin’s...
HSBC stock hits 25-year low: 5 things to watch in Bitcoin this week
21.9.2020
Bitcoin grapples with $11,000 as money laundering engulfs the banking sector again and coronavirus spoils stocks sentiment
Report: Blockchain Patents ‘Skyrocket’ in 2020, Alibaba Owns the Most Crypto Patents
20.9.2020
A study from the team at Kisspatent shows that Alibaba Group is the largest blockchain patent holder in 2020 capturing 10x the number of patents held by IBM. The report notes that blockchain patents “are skyrocketing” this year and so far in 2020, there’s been more distributed...
Ethereum’s Gas Spike Forces Coinbase Pro to Pass Network Fees to Customers
19.9.2020
While Ethereum network fees have jumped to new highs this year, the popular cryptocurrency exchange, Coinbase Pro, announced that the trading platform would be passing network fees onto customers. The move followed the exchange listing Uniswap’s native token UNI, an airdrop that saw miners...
Coinbase Pro passes gas fees to users as ETH miner revenue hits 5 year high
18.9.2020
Following Uniswap’s UNI token launch, Ethereum transaction fees spiked to almost $1 million an hour
Blockchain Summit Global Is One of The Most Outstanding Technology Events of the Year (Now Also Virtual)
17.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
2020 has been conditioned by a pandemic that has disrupted everything, especially the presential events. Blockchain Summit UY reinvented itself as Blockchain Summit Global 3rd Edition with great strength,...
A Spain Based Crypto Ponzi Scheme Abruptly Freezes Accounts of 120,000 Investors
17.9.2020
A Spain based crypto Ponzi scheme, Arbicorp abruptly froze accounts of more 120,000 investors on September 12, after the discovery of an error that causes one of its cryptocurrency trading bots to overpay. Arbicorp claims that the error, which went unnoticed for almost a year, led to its trading...
Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance Declining
17.9.2020
The rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts. More than 15% of the total ETH supply is now locked, compared to 11.5% from a year ago. This growth led to the inevitable decline of...
Bitcoin ATMs surge by 87% in past year to surpass 10,000 globally
17.9.2020
2020 has witnessed a surge in the number of ATMs supporting digital coins
Crypto.com Aims for Its First Profitable Year Despite Asian Setback
16.9.2020
Cryptoasset-power debit card and trading services firm Crypto.com said it is on track to end the year with its figures in the black for the first time in its history. But it will have to accomplish this feat without one of its key partners, after an accounting scandal involving the German card...
US Company Accepts Bitcoin Payments for Luxury Planes, as $40M Gulfstream Jet Goes on Sale
16.9.2020
Aviatrade Inc., a New Jersey-based aircraft sales company, is now accepting bitcoin as a means of payment for its range of multi-million dollar luxury jets. Philip Rushton, president of Aviatrade, told news.Bitcoin.com that the first plane available for purchase via cryptocurrency is a six-year-old...
Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year
16.9.2020
The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50%...
Virtual Event Registrations with Wufoo Forms
15.9.2020
(This is a sponsored post.)
We’ve seen many events shift from in-person to online this year. That may have required a huge change to how you collect attendee registrations in the past, but with a paid Wufoo account and Zoom — along with a sprinkle of Zapier — it’s easier than ever to...
Bitcoin Options Traders Bet the Price of BTC Can Touch $36K by December
14.9.2020
This past weekend, data shows the most active bitcoin options contracts were calls for $28k, $32k, and $36k by the year’s end. This means a number of options traders are betting the price of bitcoin will exceed the all-time high (ATH) the decentralized currency touched in December 2017....
Defi Protocol Bzx Loses $8.1 Million in Third Hack This Year
14.9.2020
So called decentralized finance (defi) lending platform Bzx on Sunday lost $8.1 million in a new hacking attack, the third this year, caused by a flawed code in its smart contracts. The bug allowed the hacker to mint 219,200 LINK tokens (valued at $2.6 million); 4,503 ETH ($1.65 million); 1,756,351...
Against the Odds, Some Bitcoin Traders Are Betting on a $36K Price by Year’s End
14.9.2020
The Deribit exchange has seen a spike in investors buying the $36,000 December call option despite the market placing low odds on a new record high this year
DeFi Lender bZx Loses $8M in Third Attack This Year
14.9.2020
An attacker found a way to mint unbacked iTokens that they could then redeem against other cryptos held in lending pools for DeFi lender bZx