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Award-Winning Filmmaker Torsten Hoffmann Launches Bitcoin Documentary Cryptopia
9.5.2020
This week filmmaker Torsten Hoffmann launched the cryptocurrency-infused documentary “Cryptopia: Bitcoin, Blockchains and the Future of the Internet.” Cryptopia discusses the powerful economy and flourishing ideas that stemmed from Satoshi’s invention through the eyes of some...
Cointext CTO Reveals a New Protocol That Aims to Bolster a Censorship-Resistant Economy for Bitcoin Cash
9.5.2020
On May 7, the Cointext CTO and cofounder of Countermarkets, Vin Armani revealed a new project he’s been working on called “Signal, Watch, and Pay Protocol” (SWaP). Armani’s published specification and reference code of SWaP indicates that the platform allows “onchain...
Bitcoin Suisse Sells 20% Stake to Raise $47 Million: Crypto Valley Broker Aims To Expand Into Banking
8.5.2020
Crypto valley firm Bitcoin Suisse has announced plans to sell a 20% stake in the company. The sale is expected to raise 46 million Swiss francs ($47.38 million). Bitcoin Suisse said it intends to use the money to expand its portfolio to banking services in Switzerland and Liechtenstein, according...
Popular Hedge Fund Manager Paul Tudor Jones: ‘Bitcoin Reminds Me of Gold Back in 1976’
8.5.2020
Hedge fund manager and investor, Paul Tudor Jones, discussed his opinion in regard to the crypto asset bitcoin on Thursday, saying that it reminds him of the part gold played back in the ‘70s. Jones also disclosed that his fund Tudor BVI has a percentage of Bitcoin futures products as well...
Bitcoin News Roundup for May 8, 2020
8.5.2020
Bitcoin bumps against six figures while a cancelled crypto event draws legal ire. It's CoinDesk's Markets Daily podcast
Bitcoin Suisse Raising USD 56M, 'Free TON', Zcash Eyes Cosmos + More News
8.5.2020
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.
Investment news
Bitcoin Suisse, a crypto financial services firm, has announced the start of its Series A capital raise. According...
Bitcoin Miners Send Bullish Signs Ahead of Halving
8.5.2020
There's some bullish news from the mining industry ahead of Bitcoin (BTC) halving. Miners are hoarding BTC, expecting higher prices and buying rigs in the thousands, while the recent rally has made older rigs profitable once more, thus pulling many miners away from the exit door.
The miners have...
Coinshares Acquires Gabi Trading: New Unit Traded $3 Billion Worth of Crypto in 2019
8.5.2020
Coinshares on Thursday launched its trading business, Coinshares Capital Markets (CSCM), reporting that the unit traded over $3 billion worth of cryptocurrency in 2019 and $1.5 billion during the first quarter of 2020. The UK digital asset manager is basically rebranding Gabi Trading, a business...
Open Interest in Bitcoin Options Hits USD 1B as Traders Seek Insurance
8.5.2020
Open interest (OI) in bitcoin (BTC) options surpassed USD 1 billion ahead of the halving, with an exponential increase seen across all major marketplaces over the past week. Meanwhile, the bitcoin put-to-call ratio is also on the move, revealing some bearishness in the market.
Although not unusual...
Bitcoin Gains Traction Ahead of Halving, Altcoins Struggle To Follow
8.5.2020
In the past two days, there was a steady rise in bitcoin price above the USD 9,000 and USD 9,200 resistance levels. BTC even broke the USD 9,500 resistance and spiked above USD 10,000. It is currently (08:30 UTC) correcting lower, but dips remain supported above USD 9,550 and USD 9,500.
However...
New Cryptocurrency Exchanges Launch in India as Businesses Seek Answers From RBI
8.5.2020
The Indian cryptocurrency industry has been growing rapidly despite the nationwide lockdown and the coronavirus crisis. Two new cryptocurrency trading platforms are launching in India while existing crypto businesses seek clarification from the central bank, the Reserve Bank of India (RBI)....
Cryptoverse Has a Question to New Bitcoin Star, Paul Tudor Jones, as BTC Tests USD 10K Again
8.5.2020
Paul Tudor Jones. Source: a video screenshot, Youtube, Goldman Sachs
After legendary hedge fund manager Paul Tudor Jones made waves in the Cryptoverse with his bullish statements on Thursday, the crypto community wonders whether the investor holds physical bitcoin (BTC) that just spiked above...
Square’s Cash App Reports BTC Quarterly Revenue Exceeds Fiat’s, Soaring 367% to $306 Million
8.5.2020
Square’s Cash App reported Wednesday, that bitcoin (BTC) revenue during the first quarter of the year, soared 367% to $306 million from $65 million a year ago. Quarter-on-quarter, the figure is up 71%. The increase is thanks “to growth in the number of active bitcoin customers, as well...
Bitcoin Price Touches $10K Amid 2020’s Macroeconomic Storm and Covid-19 Fears
8.5.2020
On May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocurrency’s per annum inflation rate will drop from 3.6% to 1.8%...
Bitcoin Hits $10K — Paul Tudor Jones Buys BTC Comparing it to Gold
8.5.2020
With only 4 days left until the halving, Bitcoin price rose to $10,000, making a 160% gain since Black Thursday
Decentralized Finance Startup Focused on Bitcoin Cash Raises $1 Million for Expansion
7.5.2020
On May 7, the decentralized finance (defi) startup General Protocols revealed the team has raised over $1 million from investors. The creators of General Protocols have introduced innovative projects on the Bitcoin Cash network such as Anyhedge, and have also participated in helping forward...
Iran to Cut 4 Zeros From Its Currency Amid Chronic Inflation and US Sanctions
7.5.2020
Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will also be replaced. Economists are skeptical about how the changes will affect...
Considering Adding Bitcoin to Your Portfolio? Answer These 3 Questions First
7.5.2020
Instead of jumping straight onto the bitcoin (BTC) bandwagon, traditional investors should ask themselves three “critical questions,” and make sure they can answer each of them satisfactorily, crypto investment firm Bitwise Asset Management urged in their new report.
According to the report, titled...
ErisX Wins BitLicense, Bitcoin Trading Booms on Silvergate & Square + More News
7.5.2020
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.
Exchanges news
TD Ameritrade and other investors-backed ErisX crypto exchange has won a BitLicense operating permit in New York...
Bitcoin News Roundup for May 7, 2020
7.5.2020
BTC could hit $10K while mining ramps up. This is CoinDesk's Markets Daily podcast