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Indian Crypto Boom: Exchanges See 10X Trading Volumes During Lockdown
6.5.2020
India’s cryptocurrency sector is booming during the extended nationwide lockdown. Several Indian cryptocurrency exchange executives have shared with news.Bitcoin.com their record-breaking stats, bullish trends, and positive sentiment despite the coronavirus-driven lockdown. Growing Interest...
Bitcoin ATM Locations Surge to Over 7700 Worldwide Amid Global Crisis
6.5.2020
The number of bitcoin ATM locations has been growing rapidly amid nationwide lockdowns and the coronavirus crisis. With hundreds of new machines added each month, there are now more than 7,700 bitcoin ATMs spread all over the world. A new bitcoin ATM operator also installed its first bitcoin...
Bitcoin to Peak at $115,000 by August Next Year, Says Pantera Capital CEO
6.5.2020
Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal,...
Bitcoin.com Wallet Users Can Now Purchase More Than $10K Worth of Cryptocurrency
5.5.2020
During the end of March, news.Bitcoin.com reported on the newly updated Bitcoin.com Wallet that features a number of new services like digital currency price tracking. The lightning-fast, noncustodial wallet allows people to store BTC and BCH, but also provides people with the ability to purchase...
US Treasury to ‘Borrow’ $3 Trillion for a Single Quarter – Anticipates Taking Billions More for Q3
5.5.2020
On Monday, the United States Department of the Treasury announced it will be “borrowing” a record $3 trillion to help support the American economy. The move comes after the Federal Reserve dished out over $6 trillion to private dealers before the first U.S. Covid-19 death, and the $1.5...
Bitcoin News Roundup for May 5, 2020
5.5.2020
BTC is showing some impressive transaction numbers as the market heats up before the halving. It's CoinDesk's Markets Daily podcast
MyCryptoMixer 2020 – The Best Bitcoin Mixer Necessary To Protect User’s Anonymity and Privacy
5.5.2020
Governments and law enforcement agencies have been alerted to the possible illicit use of the pseudonymous Bitcoin (BTC) and cryptocurrencies ever since the notorious darknet marketplace Silk Road was shut down permanently by FBI, which seized more than 144,000 BTC derived from transactions made...
Telegram Forces US Investors to Take 72% Refund and Exit Gram Token Project
5.5.2020
Telegram is now forcing U.S investors to immediately exit its TON blockchain project by accepting a 72% refund on their original investment. The encrypted messaging platform’s unexpected volte-face also disqualifies American investors from the loan option, which promised a 110% refund either...
Blocktream Updates Its Bitcoin Satellite Network, Announces Kits
5.5.2020
Blocktream Upgrades Its Bitcoin Satellite, Announces Kits
Canada-based major blockchain technology firm Blockstream has launched a new version of their satellite network that broadcasts the Bitcoin (BTC) blockchain around the world and announced satellite kits.
Blockstream Satellite 2.0 moved from...
Bitcoin and Altcoins Signaling Possible Fresh Increase
5.5.2020
Recently, bitcoin price corrected lower below the USD 9,000 level. BTC/USD tested the USD 8,550 support zone and it is now (08:30 UTC) recovering higher. There was a break above the USD 8,850 resistance and it seems like the price might gain momentum above USD 9,000.
Similarly, there was a decent...
Powerfull Miners Just Increased Pressure on Smaller Players Ahead of Bitcoin Halving
5.5.2020
Less than a week before the third Bitcoin (BTC) mining reward halving, mining just became more difficult as more miners turned their machines on in the end of April.
On Tuesday, BTC mining difficulty, a measure showing how hard it is to compete for mining rewards, increased by 0.9%, to 16.1...
Iran Licenses $7.3 Million Bitcoin Mining Enterprise, Move Aimed at Easing U.S. Sanctions
5.5.2020
Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total. According to media reports, the miner has spent $7.3 million setting up the mining facility, located...
7 Days Left Until the Great Bitcoin Halving: Hashrate Jumps Over 140 Exahash, Miner’s Hoard
5.5.2020
Just recently the price of bitcoin jumped over the $9,000 per coin zone, but retracted back a hair not too long afterward. On May 3, the research and analysis firm Glassnode reported that the overall BTC hashrate touched another all-time high above 140 exahash per second. As miners continue to hash...
Lebanese Currency Collapse: Failed Policies Led to Economic Meltdown
4.5.2020
Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation...
These Miners Might Suffer The Most After Bitcoin Halving
4.5.2020
Bitcoin (BTC) miners responsible for up to 30% of the network's hashrate, or the computational power, are the most vulnerable and might be forced to turn the majority of their machines off after Bitcoin mining reward halving next week, according to Alejandro De La Torre, Vice President at major...
Bitcoin News Roundup for May 4, 2020
4.5.2020
May the BTC be with you. It's CoinDesk's Markets Daily podcast
Kraken CEO Underwent Surgery, Bitcoin Fees Skyrocket + More News
4.5.2020
Source: Adobe/nimon_t
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
Jesse Powell, CEO of major crypto exchange Kraken, has revealed to the crypto community via...
Crypto Market Sentiment Takes Another Step Up
4.5.2020
The crypto market sentiment has made another, relatively large step upwards over the course of the past week. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins continued its rise from seven days ago, climbing from 5.37 at the time to today's 5.88 - that...
US Real Estate Market Shudders: Experts Predict 40% Lower Sales, March Contracts Dip by 21%
4.5.2020
According to the National Association of Realtors, pending contracts for property sales dropped by 20.8% in March. Further, the 30-year fixed mortgage interest rate dropped to 3.43%, but a great majority of people are still not interested in buying or renting homes at the moment. Economists predict...
Bitcoin Goes Mainstream (Again) in Billions Season 5 Premiere
4.5.2020
A fragment of the official poster for the fifth season of Billions.
This weekend’s big TV show event had a bitcoin (BTC) bent – with series five of Showtime’s Billions drama series focusing largely on the world’s most popular cryptocurency.
The first episode of the series aired over the weekend...