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Craig Wright Submits List of Bitcoin Addresses to the Court – Roster Contains Spent Blocks
22.5.2020
On May 21, 2020, the infamous Craig Wright, the man who claims to be Satoshi Nakamoto, submitted a list of blocks and bitcoin addresses to the court that stem from the alleged Tulip Trust. However, armchair sleuths and blockchain analysis shows that a few blocks recorded in Wright’s recently...
Illegal to Own Gold? Hedge Fund Manager Warns Governments May Ban Gold Ownership
22.5.2020
A well-known hedge fund manager has warned that governments may ban private gold ownership. He explained that central banks may attempt to demonetize gold, making it illegal for private individuals to own, as the authorities lose control of inflation amid the coronavirus-led economic crisis....
Gox Rising Offers USD 800 Per Bitcoin, Canaan Disappoints, Coldplay Player Goes Crypto + More News
22.5.2020
Brock Pierce of Gox Rising. Source: a video screenshot, Youtube, IPSE
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.
Exchanges News
Puerto Rico-based firm Gox Rising, led...
Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China
22.5.2020
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that...
Happy Bitcoin Pizza Day: This is How "Toppings" Changed in 10 Years
22.5.2020
Between the event that'll live on as Bitcoin Pizza Day ten years ago and today, the world's first cryptocurrency, Bitcoin (BTC), saw it's network metrics increase by six, eight, even fifteen digits.
Happy Bitcoin Pizza Day, Cryptoverse! For those who are new to this event, today we celebrate...
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
22.5.2020
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African...
Kleiman Lawyers: Craig Wright ‘Has Keys to Encrypted BTC 820,200 File’
22.5.2020
Craig Wright. Source: a video screenshot, Youtybe, CoinGeek
The long and bitter legal struggle between Dave Kleiman’s estate and Australian computer scientist Craig Wright has taken a new twist, with the former’s legal team claiming Wright has the keys to an encrypted file that may contain...
This is Why This Investor Prefers Stocks Over Bitcoin and Gold
22.5.2020
Peter Mallouk. Source: a video screenshot, Youtube, Creative Planning Inc.
Despite a number of investors and asset managers urging people to buy “hard assets” like bitcoin (BTC) and gold as protection against central bank’s love for money printing in the wake of the COVID-19 crisis, one wealth...
Bitcoin and Altcoins Recovery Could Be Short-Lived
22.5.2020
Yesterday, we saw a strong bearish wave below the USD 9,550 support zone. It opened the doors for more losses and BTC price traded below the USD 9,200 support. The price tested the USD 8,800 support and it is currently (08:30 UTC) correcting higher above USD 9,000.
Similarly, most major altcoins...
Gox Rising Offers $800 per Bitcoin Claim to Buy out Mt Gox Creditors
22.5.2020
Gox Rising has offered to buy out creditor claims from the collapsed cryptocurrency exchange Mt. Gox. The Brock Pierce-led outfit will pay $800 per bitcoin claim, either in BTC or cash, to creditors who are unwilling to wait for the finalization of the ongoing civil litigation. “Our payment...
Bitcoin Futures, Options, and Open Interest: Crypto Derivatives Break Records After the Halving
22.5.2020
Since the market rout on March 12, otherwise known as ‘Black Thursday,’ bitcoin futures and options contracts have seen significant demand. On May 14, CME Group saw the total number of outstanding derivatives contracts (open interest) touch a high of $142 million. Four days later,...
Trump Signs Deregulation Order to Boost US Economic Recovery
21.5.2020
U.S. President Donald Trump has signed an executive order to eliminate “unnecessary regulations that impede economic recovery” following the coronavirus crisis. With this deregulation, government agencies are “encouraged to promote economic recovery through non-regulatory...
No Evidence ISIS Is Storing $300 Million in Bitcoin, Says Chainalysis
21.5.2020
Blockchain intelligence firm Chainalysis has dismissed claims ISIS is holding a $300 million bitcoin (BTC) war chest. In a “fact-checking” report, published on May 20, 2020, the U.S. company accused the media of sensationalizing allegations about BTC and other cryptocurrencies being...
Bitcoin News Roundup for May 21, 2020
21.5.2020
Spoooky! BTC saw a ghost Wednesday and scared the markets. It's CoinDesk's Markets Daily podcast
Bitcoin.com Exchange Lists ESH Token Support Prior to John McAfee’s Ghost Airdrop
21.5.2020
In mid-April, news.Bitcoin.com reported John McAfee’s new privacy token called Ghost, as the former anti-virus tycoon detailed “governments will be unable to shut it down.” Ghost won’t be distributed in the usual fashion by leveraging an initial coin offering (ICO), as...
Crypto CEO Urges Savers to Own More Gold than Bitcoin
21.5.2020
Alex Mashinsky. Source: a video screenshot, Youtube, Kitco NEWS
Both bitcoin (BTC) and gold will benefit massively from the current “inflation of money,” the CEO of a major crypto company predicts, while also admitting that he believes people should still own more gold than bitcoin.
The advice...
Top 5 Catalysts and 4 Obstacles for Bitcoin In Africa
21.5.2020
Cryptocurrency is gaining popularity fast in Africa, where a new report claims young people are disillusioned with the conventional financial system and are poised to turn to bitcoin (BTC) and altcoins to power their financial future.
The report was co-produced by Arcane Research and...
Blockchain.com Aims At 1B Wallets by 2030; Some Doubt Their Numbers
21.5.2020
Peter Smith, CEO of Blockchain.com. Source: a video screenshot, Youtube/ The Business of Fashion
Major crypto company Blockchain.com says that, over the course of the next decade, they're planning to hit 1 billion wallets. Some, however, doubt their claim that they make a third of all Bitcoin (BTC)...
Bitcoin and Altcoins Vulnerable to a Further Correction
21.5.2020
Bitcoin price made many attempts to overcome the USD 9,950 and USD 10,000 resistance levels, but it failed. As a result, BTC reacted to the downside and broke a couple of key supports near the USD 9,550 level. It has opened the doors for a downside correction towards USD 9,000 or even...
Bitcoin Use on Darknet Markets Jumps 65% to Over $400 Million in First Quarter
21.5.2020
Bitcoin transactions on darknet markets jumped 65% in value during the first quarter to $411 million, according to research by a blockchain analytics firm. The amount of bitcoin sent from darknet entities to mixers also grew rapidly as exchanges with verification requirements became less popular...