Search
Bitcoin DeFi Investment, New Local Stablecoin + More News
15.4.2020
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
Atomic Loans, a provider of non-custodial bitcoin (BTC)-backed loans, has raised a USD 2.45 million seed round,...
‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation
15.4.2020
The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi...
Mark Cuban Might Finally Like Bitcoin If It Becomes 'Grandma-Friendly'
15.4.2020
Mark Cuban. Source: a video screenshot, Youtube, The Filmy
Outspoken American billionaire Mark Cuban has stated that he could change his stance on bitcoin (BTC) if it could become more user-friendly – and if the cryptocurrency could somehow shrug off what he called a reliance on fiat...
Bearish Bets Being Placed on Bitcoin as Halving Nears
15.4.2020
With the much-anticipated bitcoin (BTC) halving now less than a month away, more traders are placing bearish bets on the price of the number one cryptocurrency, signaling some degree of doubt as to how enthusiastically the event will really be received by the market.
The bets, known in trader...
Bitcoin And Altcoins Trading Near Make-or-Break Levels
15.4.2020
In the past few hours, bitcoin price traded with a bullish angle above USD 6,700. BTC/USD managed to climb above the USD 6,850 resistance area, but it is still below the USD 7,000 and USD 7,200 resistance levels. Moving forward, it could either surge above USD 7,200 or start a fresh decline towards...
G20 Considers 10 Rules for Regulation of Stablecoins Like Facebook Libra
15.4.2020
The G20 is setting rules to regulate stablecoins such as Facebook’s Libra cryptocurrency. Responding to a call by the G20, the Financial Stability Board (FSB) has provided 10 “high-level” recommendations that establish a regulatory framework for stablecoins. Also read:...
‘Governments Will be Unable to Shut It Down’ – John McAfee to Launch Privacy Centric Crypto
14.4.2020
The U.S. Presidential candidate who remains on the run from the IRS, John McAfee, announced he’s launching a new privacy coin called Ghost. McAfee says the Ghost cryptocurrency will be a proof-of-stake (PoS) coin and it will be available on his decentralized exchange (dex). The former...
Bitcoin News Roundup for April 14, 2020
14.4.2020
Gold beats BTC while Europe explores contact tracing. It's CoinDesk's Markets Daily podcast
Market Outlook: Bitcoin’s Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures Gaps
14.4.2020
Digital currency markets have had a few lackluster days, as the entire crypto market valuation has dropped below the $200 billion mark on Monday. The following day on April 14, a number of cryptocurrencies have seen some slight gains between 2-9%. Meanwhile, global markets are reacting positively...
Bitcoin-Gold Correlation Is Weak; BTC-S&P 500 Correlation Might Drop
14.4.2020
Source: Adobe/sergey_p
While the correlation between bitcoin (BTC) and gold could be "slightly" increasing but still remaining weak overall, that between BTC and the S&P 500 stock market index is unlikely to remain high in the long run, says crypto market analysis firm Coin...
Bitcoin to Face Stronger Global Recession Than In 2009, IMF Forecast Shows
14.4.2020
The global economy is estimated to drop by 3% this year, before rebounding by 5.8% in 2021, the International Monetary Fund (IMF) said today, stressing that "this crisis is like no other."
In the past 60 years, the global economy decreased only once. In 2009 it slipped by 1.73%.
This...
'Bitcoin Halving' Is Now More Popular Than 'Bitcoin' on Google
14.4.2020
People are getting increasingly more interested in the halving of the world's number one coin by market capitalization - Bitcoin (BTC). As a matter of fact, their interest has reached an all-time high and is now stronger than in Bitcoin itself.
The third Bitcoin mining reward halving is on its...
Bitcoin And Altcoins Stay Below Key Hurdles
14.4.2020
After tagging the USD 6,550 support area, bitcoin price started an upside correction. BTC/USD is up more than 3% and it is now trading above USD 6,750. However, the price is still below many key hurdles near USD 6,850, USD 7,000 and USD 7,200.
Similarly, most major altcoins are currently (08:30...
ECB Expects Worse Recession in Europe Than Global Economy
14.4.2020
The European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1 trillion), explained...
Craig Wright Ends Lawsuit Against Adam Back – Pays Thousands in Legal Fees
13.4.2020
According to various reports, the self-proclaimed Bitcoin inventor, Craig Wright has dropped his libel lawsuit against Blockstream CEO, Adam Back. Wright was forced to pay all of Back’s legal fees to the tune of £6,666 ($8,400). The news follows, Wright losing his UK court battle with...
Ross Ulbricht’s 9th Price Analysis Predicts Bitcoin Prices Below $3,000
13.4.2020
The founder of the Silk Road marketplace, Ross Ulbricht, has published another analysis that attempts to predict the price of bitcoin. Ulbricht started sharing his price examinations last December and he leveraged the patterns of Elliott Wave theory to bolster his forecast. Also read: Bitcoin...
Gov’t Policy Behind Venezuelan Bitcoin Exchange's SMS Gateway Service
13.4.2020
One of Venezuela’s leading crypto exchanges says that government policy led it to develop a text message-powered payment system that will allow it to conduct transactions in a range of cryptoassets, including the nation’s own state-issued, oil-backed petro (PTR) token.
The Criptolago platform...
Bitcoin Forecast From Prison: Prepare to Buy, Crash Incoming
13.4.2020
This image is said to be hand-drawn by Ross Ulbricht in prison: \"I let my hair and beard grow for one year after I was given two life sentences plus forty years without parole. Then I drew this picture of me in my cell.\" Source: a screenshot, Instagram/freerossulbricht
Before Bitcoin (BTC)...
'Serial Killer' Bitcoin to Explode This Year - Pantera’s Morehead
13.4.2020
Dan Morehead. Source: a video screenshot, Youtube/Bloomberg Markets and Finance
Bitcoin (BTC) is a “serial killer” correlated with traditional risk assets only “when the world freaks out,” and the crypto markets are about to “explode higher,” according to one of the most prominent investors in...
Guarda Wallet Launches Multisignature Functionality for Bitcoin
13.4.2020
Guarda has recently become the first multi-currency crypto wallet to offer support for Multisignature. Multisignature (also known as Multisig) wallets make it possible for two or more users to have access to the funds.
The post Guarda Wallet Launches Multisignature Functionality for Bitcoin...