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Bitcoin Lender Genesis Global Issues $2 Billion in Loans During Record Quarter
30.4.2020
Genesis Global Trading has reported a 100% jump in new loan originations in the first quarter. The cryptocurrency lender and trading platform added a record $2 billion in new loans in the three months leading to March 2020, up $1 billion from the previous quarter. BTC accounted for 44.8% of...
Google Keeps Promoting Crypto Scams Despite Strict Crypto Policies
30.4.2020
CoinCorner reports that Google Ads is running a phishing ad despite the firm being unable to use its service
A BTC 6 Contest to Create a Privacy-Focused Bitcoin Sidechain is On
30.4.2020
Ten days were not enough for blockchain developers to win a new Bitcoin (BTC) contest, launched by Paul Sztorc, an independent BTC researcher, and tap into a BTC 6.1 (USD 53,600) prize fund. However, contestants still have at least 12 days to go.
The contest started last week and includes potential...
Famed Economist Speaks: ‘US Coronavirus Bailout Scam,’ American Imperialism, De-Dollarization
30.4.2020
During the last few weeks, the world has been dealing with the coronavirus outbreak. These days, however, many of the world’s citizens are growing more concerned over the government’s reactions than the virus itself. Moreover, with the U.S. economy feeling the hardship of over...
Bitcoin News Roundup for April 30, 2020
30.4.2020
Here comes the BTC price bump while Telegram pulls back on its token sale. This is CoinDesk's Markets Daily podcast
How Are Bitcoin, Ethereum, Litecoin, BCH, BSV Hodlers Doing After the Rally?
30.4.2020
The sentiment among investors in several major cryptoassets is on the rise, as a growing number of hodlers are seeing positive numbers on their account balance, on-chain analysis shows.
According to data from on-chain analytics firm IntoTheBlock, more holders of bitcoin (BTC), ethereum (ETH)...
Four Reasons Why Bitcoin Might Not Rally Right After The Halving
30.4.2020
Compared to the previous two Bitcoin (BTC) halvings that were marked by major jumps in the coin's price around the time of the event, this halving may be different and BTC may not see a bull in the months following the event, according to CryptoCompare, a provider of the crypto market data.
The...
Telegram to Pay Back Investors 110% After Gram Token Launch Fails – Again
30.4.2020
Telegram has offered to refund investors after its scheduled release of the Gram token failed – again – due to regulatory complications. Investors will immediately receive 72% of their stakes, as first option, or 110% if they choose to wait another year. The second option may be paid...
Bitcoin And Altcoins Correcting Strong Gains
30.4.2020
In the past two days, there were strong bullish moves in bitcoin above USD 7,550. BTC/USD surged around 20% and surpassed many key hurdles such as USD 8,000, USD 8,500, and USD 9,000. It traded to a new monthly high close to USD 9,500 and it is currently correcting gains.
Similarly, there was...
USD 9K Bitcoin Leads Crypto Rally as Exchanges See Massive Volumes
30.4.2020
Both bitcoin (BTC) and the broader crypto market saw another strong day today that brought the price of bitcoin past the USD 9,000 level, after also recording gains across the board yesterday. The gains came as sentiment in the market improved even more after bitcoin recovered all of its losses...
Cryptocurrency Trading Surges in Malaysia as Lockdown Cripples Economy
30.4.2020
Cryptocurrency trading in Malaysia has surged as the country endures an extended lockdown, costing its economy an estimated $550 million a day. Regulated cryptocurrency exchanges are reporting substantial growth in trading volumes and new users as people seek “a good store of value...
London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million
30.4.2020
London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8.62 million ($10.78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented...
Market Outlook: Crypto Market Prices Rally Ahead of Bitcoin Halving, BTC Up $1K in 24 Hours
29.4.2020
Cryptocurrency markets are bullish on April 29, as BTC prices have spiked over 11.8% in the last 24 hours touching a high of $8,740 per coin during Wednesday’s trading sessions. Bitcoin has gained 130% in value since the market rout on March 12 otherwise known as ‘Black Thursday.’...
Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining Farm
29.4.2020
The largest oil field in the People’s Republic of China has been a target for individuals and organizations attempting to mine bitcoins with free electricity. After a bunch of mining farm operators allegedly got caught last summer, a dog kennel owner was recently busted for running cable...
Bitcoin News Roundup for April 29, 2020
29.4.2020
BTC prices rise as experts agree that the halving isn't that big a deal. It's CoinDesk's Markets Daily Podcast
66% of Europeans Feel Optimistic About Future of Bitcoin, Study Shows
29.4.2020
Europeans are feeling more optimistic about the future of bitcoin. A recent study shows that more than two thirds of them believe cryptocurrency will remain in existence in 10 years time, with some convinced BTC will become a key part of the economy, both as a security and investment. Crypto...
Bitcoin-themed Manga Series Debuts in Japan
29.4.2020
The front cover of the first edition. The cryptocurrency-manga bond is growing stronger. While manga-flavored token monacoin (MONA) was arguably the first major crypto-manga crossover, a new series of bitcoin (BTC)-themed comics is now the talk of the town in Japan.
The new title is named Genesis...
Chinese Media Outlets Rush to Distance the Digital Yuan from Bitcoin
29.4.2020
A number of Chinese media outlets have published reports outlining the central bank’s plans for the digital yuan, which is set to make its debut at testbed sites next month, with some keen to point out that the new token “is not bitcoin (BTC) or ethereum (ETH)” and will not lead to a rise in crypto...
Drawbacks of Cryptocurrency Exchanges – How Non-Custodial Services Are the Solution
29.4.2020
Cryptocurrency exchanges are online platforms where one can buy, sell, or trade cryptocurrencies. The aim of crypto exchanges is to connect buyers and sellers by creating a cycle of supply and demand in one place. Centralized vs Decentralized Exchanges However, almost every exchange is prone...
Bitcoin Soars to Pre-Crash Levels, Breaks Above Key Technical Barrier
29.4.2020
The price of bitcoin (BTC) is once again seeing strong gains in the crypto market today, after soaring to levels not seen since before crypto’s “Black Thursday” on March 12, and again positioning the asset above a key technical level in the chart.
As of press time (11:40 UTC), bitcoin is up...