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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
Dollar Vigilante Founder Talks Covid-19 and Economic Crisis: ‘The Modern Financial System Is at the End of It’s Rope’
7.5.2020
Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining...
China's Dominance in Bitcoin Mining Dropped Amid Growing Competition
7.5.2020
Chinese Bitcoin (BTC) miners' share in Bitcoin's hashrate, or the computational power of the network, shrunk this year when hashrate jumped by 25%, while the US returned to second place, according to the Bitcoin Mining Map created by the Cambridge Centre for Alternative Finance (CCFAF).
The...
Guarda Wallet – Multi-Currency, Multiplatform Wallet With a Taste for Special Features
7.5.2020
Guarda wallet has been around for almost three years – the cryptocurrency storage that started out as open-source single-currency wallets in the times of market needs has now turned into a flourishing ecosystem of products and crypto management services. Many novelties have been implemented...
This is Why Criminals Prefer Less Anonymous Bitcoin to Privacy Coins
7.5.2020
Privacy coins have come under a lot of fire in recent times, and many leading anonymity tokens, such as zcash (ZEC), and monero (XMR) have come under fire from regulators, who claim they are the token of choice for terrorists, drug dealers, and money launderers.
Many of these tokens have been...
Bitcoin Continues Grinding Higher as Stocks, Gold Levels Off
7.5.2020
With the halving now several days away, bitcoin (BTC) has continued to grind higher in the market in recent days, despite a weaker overall crypto market and a levelling off in the price of both gold and US stocks.
The outperformance of the number one digital asset has been particularly strong after...
65% of Global Bitcoin Hashrate Concentrated in China
7.5.2020
A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently,...
Bitcoin Halving as 'A Crypto Super Cycle Marketing Event' & Its Three Narratives
7.5.2020
Crypto researcher Messari delved into Bitcoin (BTC)'s upcoming third halving, and among investment theses and possible implications, provided the teams' opinions on major and impactful halving (which also deemed to be 'a marketing event at best') narratives.
CEO Ryan Selkis believes that...
Bitcoin Rising Steadily While Altcoins Show Negative Signals
7.5.2020
After a successful close above USD 9,000, bitcoin price extended its upward move. BTC/USD surpassed the USD 9,200 resistance and tested USD 9,400. It is currently (08:30 UTC) consolidating above USD 9,200 and facing hurdles near USD 9,400, USD 9,440, and USD 9,500.
On the other hand, most major...
75 Companies Back Facebook Libra’s Competitor Celo
7.5.2020
Celo, a competing project to Facebook’s Libra cryptocurrency, has added 50% more new members to its alliance, bringing the total number of supporting organizations to 75. Some Celo members are also supporters of the Libra project, such as Coinbase Ventures, Anchorage, and Andreessen Horowitz....
3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet
7.5.2020
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting...
Meet Ideaology – All in One Blockchain Solution
6.5.2020
DUBAI, UAE, 8th May (Friday) Time: 10 AM New York, NY, USA (GMT-4) ‘MEET IDEAOLOGY’ webconference is looking for you The exclusive, pre-launch presentation for the top crypto people In an effort to make top-shelf blockchain partnerships before their Initial Coin Offering is launched, Ideaology...
Bitcoin Pulls Away From Stock Market as Price Staying Above $8,000 Signals Strength – Bloomberg Analyst
6.5.2020
Bitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone. In a new bitcoin report published on May 5, McGlone said that sustaining above this level is necessary to indicate strength....
Bitcoin News Roundup for May 6, 2020
6.5.2020
BTC stays above $9K while some new startups wrestle for market share. It's CoinDesk's Markets Daily Podcast
US Central Bank Blamed for 2020 Financial Crash: ‘The Fed Is Lawless Economic Government Unto Itself’
6.5.2020
The last two months dealing with the coronavirus outbreak have been strange, to say the least, and as data rolls in more people are becoming aware that there was quite a bit of overreaction from politicians, the media, and medical professionals. A small number of people are starting to focus on...
Inverse Bitcoin Token Launches on Ethereum Network Ahead of Halving
6.5.2020
Source: Adobe/vladim_ka
A new token that allows traders to get short exposure to bitcoin (BTC) without actually shorting the asset has just been announced, with the company behind the innovation saying more tokens are to be rolled out soon as part of what it calls “a new paradigm in cryptocurrency...
Six Bitcoin Halving Scenarios and Likelihood of Each
6.5.2020
As Bitcoin (BTC) halving approaches, there's been a great debate over the results of the past two halvings compared to this third. Digital asset management firm CoinShares looked into the most popular BTC halving hypotheses to see how likely are they to occur in their opinion, and what their impact...
Anycoin Direct Launches Innovative New Platform
6.5.2020
Cryptocurrency exchange service Anycoin Direct rolls out a new website for the European market. With their newly designed website, Anycoin Direct aims to make the buying and selling process of cryptocurrencies more accessible for everyone. The personalized design is unique within the cryptocurrency...
‘Ridiculous’ Registration Fees Force Dutch Bitcoin Exchange out of Business
6.5.2020
A Dutch Bitcoin (BTC) exchange has become one of the first casualties of a new regulatory procedure that requires many of the nation’s crypto-related companies to register with the central bank or close down.
The central bank, the De Nederlandsche Bank (DNB), has set a May 18 deadline...