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Alt-Right Activist Stefan Molyneux Banned from Youtube, Raises $100K in Crypto Donations
2.7.2020
The founder of Freedomain, philosopher and alt-right activist, Stefan Molyneux, received more than $100,000 in cryptocurrency donations after he was banned from Youtube on June 29, 2020. Stefan Molyneux is well known for his Youtube videos, podcasts, and books. His early Youtube videos describing...
Tether’s Market Valuation Grows 144% in 2020, USDT Market Cap Worth $10 Billion
2.7.2020
The most popular stablecoin, Tether, has propelled its way into the third-largest position by cryptocurrency market capitalization. At the time of publication, a number of market valuation aggregators show that Tether’s market cap is between $9.1 to $10.1 billion. Tether (USDT) is a well...
Bitcoin Investors Pocketed 42% in Gains During the Second Quarter of 2020
1.7.2020
The second quarter of 2020 was very profitable for bitcoin investors, according to data analytics firm Skew. During the period, the top cryptocurrency climbed 42%, its fourth-best quarterly close since 2014. For the March quarter, the digital asset fell 10.6%, dragged by the massive Black Thursday...
Bitcoin News Roundup for July 1, 2020
1.7.2020
With a historically boring update to bitcoin's mining difficulty and the digital dollar back in the news, CoinDesk's Markets Daily is back for your bitcoin news roundup
Bitcoin Whale Population Growth Might Be A Mirage
1.7.2020
Despite a recent increase seen in the number of bitcoin (BTC) “whales,” much of this may be a result of already large holders taking their coins off exchanges, a new report from blockchain analytics firm Glassnode suggested.
“Much of the recent increase in the number of whales can be explained...
Brewdog Tokyo Accepts Bitcoin Cash Payments: Local BCH Meetup Gathers to Celebrate
1.7.2020
On July 1, 2020, the popular eatery and bar in Japan, Brewdog Tokyo, started accepting bitcoin cash payments for products and services. The establishment is the third Brewdog bar to accept bitcoin cash, as the cryptocurrency is accepted at the London and Budapest locations as well. In order...
Samsung to Launch App that Reports ‘Lost or Stolen’ Crypto + More News
1.7.2020
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.
Crypto adoption news
Samsung and South Korean software firm Uppsala are set to launch a crypto losses tracking system for...
Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2 Billion Loans in China
1.7.2020
The gold industry has been shaken after it was discovered that 83 tons of fake gold bars have been used as collateral for loans worth 20 billion yuan from 14 financial institutions to a major gold jewelry manufacturer in Wuhan, China. This amount of gold “would be equivalent to 22%...
New ‘Red Dot’ and Criticism Hit Bitcoin S2F Model
1.7.2020
The S2F chart. As the widely followed pseudonymous bitcoin (BTC) analyst PlanB added another data point, the ‘red dot’ to his famous stock-to-flow (S2F) bitcoin price model, the community appears to be getting increasingly dismissive about the model’s predictions.
Writing on Twitter today, PlanB...
Coin Race: Top Winners/Losers of June, 2nd Quarter, and 1st Half 2020
1.7.2020
May's mixed bag turned into a June's red one - at least for the top 10 coins by market capitalization. Only one has seen a rise in its price in the month of June. Nonetheless, for the coins outside of the top 10 list, the picture is not as drastic. Though many saw a drop in their prices, many...
Bitcoin And Altcoins Might Be Preparing For A Rally
1.7.2020
In the past few sessions, bitcoin price traded in a broad range above the USD 9,000 support and below the USD 9,300 resistance. The current technical structure suggests that BTC could be preparing for a fresh increase above the USD 9,200 and USD 9,300 resistance levels.
Similarly, most major...
Russian Traders Gear up for ‘Head Spinning’ Crypto Tax Season
1.7.2020
The Federal Taxation Service. Russian crypto owners have been warned that they have just a month before the taxman comes calling – with miners, custodians and traders all required to declare their profits.
Although the country is likely still “a year or more” away from comprehensive crypto laws...
Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital Raise
1.7.2020
Hut 8 Mining Corp. has raised $8.3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7.5 million from the sale, but it was oversubscribed. Totonto Stock Exchange-listed Hut 8 issued about 5.8 million “units” at a price...
Bitcoin’s 5% Drop in Value Puts Pressure on BTC Mining Operations and Older ASIC Rigs
1.7.2020
During the last seven days, the price of bitcoin has dropped 4.8% from a high of $9,700 on June 24, to a low of $8,965 on June 27. Since then the price has increased and the price per bitcoin is back above the $9k zone but much lower than before. The lower price has affected […]
The post...
Bamboozled: Gavin Andresen Says He Could Have Been Fooled by Craig Wright, BSV Supporters Speak Out
30.6.2020
This week a number of Kleiman v. Wright lawsuit depositions have recently published and are now available for public viewing. One specific deposition with the former Bitcoin Core lead maintainer, Gavin Andresen, casts doubt on the claim that Wright is Satoshi Nakamoto. Moreover, the Bitcoinsv...
‘Real’ Bitcoin Free Float Supply Figures May Be off by 22% - Report
30.6.2020
Conventional market caps and supply estimates may be inaccurate in that they do not give a “real” picture of the amount of bitcoin (BTC) and major altcoins that are currently in circulation, according to a new report.
Crypto financial data provider Coin Metrics has developed a methodology...
Record Breaking Unmoved Bitcoin Data Sparks Expectation of Imminent Bull Run
30.6.2020
The amount of bitcoin that has not moved in over a year is at an all-time high. The last peak was in 2016, before the bitcoin bull run that saw the price spike to $20K. Several forecasting models have predicted that the price of bitcoin will reach $20K this year and the next bull run […]
The...
Bitcoin News Roundup for June 30, 2020
30.6.2020
As Zimbabwe embarks on its fifth bout of hyperinflation in modern history, CoinDesk's Markets Daily is back with another bitcoin news roundup
Another Million People Tried Crypto in the UK + More News
30.6.2020
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.
Crypto adoption news
3.86%, or 1.9 million, of the general population in the UK currently hold cryptocurrencies, the Financial...
60 Hong Kong-Based Vending Machines Support McAfee’s Ghost Token for Payments
30.6.2020
On June 28, 2020, the team behind Ghost Coin revealed a partnership with the digital currency payment processor Ivendpay. Ghost is a project led by the notorious John McAfee and according to the recent announcement, 60 vending machines in Hong Kong will support the privacy-centric coin...