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Casa's New Seedless Bitcoin Wallet Meets its Critics
16.6.2020
US-based crypto security specialist Casa claims that their new wallet is a solution to the problem of complicated seed phrase management, particularly for the "first-time Bitcoiners." Critics have their doubts, leading a discussion on the wallet's possible shortcomings.
Self-custody...
Bitcoin Whale Population Spikes to 1,882 – Highest Level in Three Years
16.6.2020
The number of so-called whales with 1,000 bitcoin or more in their wallets has climbed to 1,882 from around 1,650 in January. It is the highest the numbers have reached in nearly three years. Whales may be defined as the Bitcoin ( BTC) community’s own version of the ‘deep state’...
Revolut Makes Major Crypto Changes, Hints New 'Cool Features'
16.6.2020
Major UK-based mobile banking app Revolut is turning more crypto-friendly, as suggested by its upcoming changes in terms and conditions of crypto products. However, the service is still far away from bridging the gap between crypto and traditional finance, as it is not going to allow its customers...
BitMEX Report Points to More Consolidation in Bitcoin ASIC Mining
16.6.2020
The Bitcoin mining ASIC manufacturing industry is expected to further consolidate, as is the wider mining farm operating sector
Miners Lower Bitcoin Supply, Start Hoarding More
16.6.2020
Bitcoin (BTC) miners have started to hodl more of the newly generated BTC at the time when BTC is still failing to breach the psychologically important level of USD 10,000 per coin and when BTC mining set to become even more difficult.
While in the past 12 weeks miners still sold more BTC than...
Bitcoin and Altcoins Recover Sharply, Trading Near Inflection Zone
16.6.2020
Yesterday, bitcoin price extended its decline below the USD 9,200 and USD 9,050 support levels. For a moment, BTC even spiked below USD 9,000, but the bears failed to gain strength. As a result, the price started recovering and it recently jumped more than 4% to test the USD 9,550 resistance...
Bitcoin Defenders Debunk Six Arguments Against BTC
16.6.2020
Not surprisingly, the latest newsletter by Bloomberg editor Joe Weisenthal sparked a vivid discussion in the Cryptoverse, with community members coming to bitcoin (BTC)'s defense in droves.
In the piece, Weisenthal outlined six reasons for what he sees at bitcoin’s lackluster performance this...
Satoshi Nakamoto Candidate Paul Le Roux to Start Bitcoin Mining Business After Prison Time
16.6.2020
A possible Satoshi Nakamoto, the mysterious creator of Bitcoin, has been sentenced to 25 years in prison. Criminal mastermind Paul Le Roux told the judge that upon his release he plans to “start a business selling and hosting bitcoin miners,” claiming that his ASIC chip design will...
Japanese Experts Vote on Jargon after Crypto Called ‘Dubious-sounding’
16.6.2020
“What’s in a name?” muses the eponymous heroine of Shakespeare’s Romeo and Juliet. A “rose,” she says “by any other name would smell as sweet.” Not so when it comes to cryptocurrencies, it seems.
Some of Japan’s most prominent crypto industry players, academics, lawmakers and legal experts spent...
Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall
16.6.2020
Ethermine will now proceed to distribute its $2.6 million bonanza from a series of bizarre ethereum transactions last week after the fund’s owner failed to make a valid claim. On June 11, the miner, a unit of Bitfly, received the record fee in a transaction involving just 350 ether (ETH),...
Crypto 101: How to Send and Receive Bitcoin Cash Via the Bitcoin.com Wallet
16.6.2020
During the last few months in the midst of the coronavirus outbreak and faltering global economy, many individuals have shown an interest in bitcoin and other cryptocurrencies. However, oftentimes people can find the process a bit daunting because they are not used to using crypto assets and have...
5 Chinese Banks Say Legal Crypto Traders’ Accounts Will Not Be Frozen as Police Widen Crackdown
15.6.2020
Following reports that Chinese authorities are freezing bank accounts of cryptocurrency traders, five banks have reportedly clarified their policies. They confirmed that accounts with legal crypto transactions will not be frozen. However, some people claim that their accounts have been frozen...
The Best Crypto Debit Card – BlockCard
15.6.2020
Crypto debit cards are a great way to get instant purchasing power from your Bitcoin, Bitcoin Cash, or other cryptocurrency. They act as the efficient bridge between the crypto world and existing financial systems because they are accepted almost everywhere traditional credit cards are accepted....
Crypto-related Banking Freezes in Brazil, China + More News
15.6.2020
Source: Adobe/kirill_makarov
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.
Banking news
A major Brazilian bank has closed the accounts of at least five companies that deal with...
Youtube Reinstates Bitcoin.com’s Official Channel After Suspension
15.6.2020
Just recently, the official Bitcoin.com Youtube channel was suspended and removed from the popular video platform. During the last 12 months, Youtube has censored information and banned cryptocurrency video coverage with no remorse. As the censorship continues to wreak havoc on innocent content...
Bitcoin News Roundup for June 15, 2020
15.6.2020
With bitcoin and ether both down on the day, CoinDesk's Markets Daily is back!
Bitcoin Prices Closely Linked to Big US Tech Stock, Says Analyst
15.6.2020
A fund manager has opined that there is a strong correlation between bitcoin (BTC) prices and the value of stocks in some of the United States most powerful IT giants – but warned that, like big tech stock, BTC might have to wait until the coronavirus pandemic has died down before its next...
Wilshire Phoenix Files Publicly-Traded Bitcoin Trust to Challenge Grayscale’s $3.4 Billion Dominance
15.6.2020
Wilshire Phoenix has filed to launch a publicly-traded trust called Bitcoin Commodity Trust (BCT) – putting the firm in direct competition with Grayscale Investments’ $3.4 billion bitcoin trust (GBTC). According to the June 12 filing with the U.S. Securities and Exchange Commission...
Introducing Wallex Custody, The Custodian Of The New Digital Era
15.6.2020
Sweden, June 15 – In a decisive move to adapt to the new normal concept of everyday living caused by the COVID-19 Pandemic, Wallex is taking its custodian role to unprecedented new heights to accompany its clients in safeguarding their traditional and digital assets from uncertainties and...
BTC Transaction Fees Drop to Pre-Halving Level
15.6.2020
After a peak in transaction fees on the Bitcoin (BTC) network was seen less than a month ago, the fee paid to miners for processing transactions is now back at levels seen in April, a time well before the third halving in May.
On Sunday, June 14, the median BTC transaction fee was USD 0.205, or...