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Q1 Crypto Trade Volume Jumps 61%, Bitcoin’s Price Performance Trumps Equity and Gold Markets
9.4.2020
For well over a month now, a great number of countries have been living under lockdowns and stay-at-home orders due to the coronavirus outbreak. Meanwhile, central banks like the Fed, Bank of England (BoE), and European Central Bank (ECB) have funneled trillions into the hands of private financial...
Bitcoin News Roundup for April 9, 2020
9.4.2020
Bitcoin is back above $7,100 and we ask what will happen when the halving comes.It's CoinDesk's Markets Daily podcast
Eidoo Card Is Available for Pre-Order – Seamlessly Connect Your Fiat and Crypto Wallets
9.4.2020
Gone are the days when online fiat payment processors and digital wallets were viewed as something new and innovative. By now, most people are used to shopping online, especially in developed countries. The current payment processors are well-established and they’ve gained the public’s trust.
The...
Polish Politicians and Bitcoin Enthusiasts Clash Online over Crypto Tax
9.4.2020
The Polish government has come under fire for introducing coronavirus-mitigating legislation that includes suspending a new 1% civil law transactions tax (PCC) on crypto purchases and sales.
A number of opposition politicians have criticized the government, claiming there are other groups besides...
New BlockFi Investor, New Way to Stack Sats, Novogratz's Warning + More News
9.4.2020
Mike Novogratz. 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
Major U.S.-based cryptocurrency lending startup BlockFi has brought on Singaporean hedge fund Three...
BTC to INR: P2P Bitcoin Marketplaces Growing in India
9.4.2020
Ever since the supreme court quashed the banking restriction imposed by the central bank, interest in cryptocurrency has been rising in India, including on peer-to-peer (P2P) marketplaces. The local crypto community is growing despite the nationwide lockdown and rising covid-19 threat. Also read:...
Bitcoin Approaches Halving With Bitcoiners Still Divided Over Its Effects
9.4.2020
As Bitcoin (BTC) is approaching its third mining reward halving, opinions still remain largely divided on how this event will affect BTC price.
A small poll of 750 Bitcoiners on March 17 showed that half of the respondents believed that the price of bitcoin would increase over the next 1 to...
Italian Bitcoin-funded Coronavirus Medical Center Now Operational
9.4.2020
A successful bitcoin (BTC)-funded campaign to build and equip a coronavirus-fighting medical facility near Rome, run jointly by the Italian Red Cross, has wrapped up – with the center now up and running.
The campaign saw what the Italian Red Cross has called a “second-level Advanced Medical Post...
Bitcoin And Altcoins Eyeing Crucial Bullish Break
9.4.2020
In the past few sessions, bitcoin price traded in a range below the USD 7,400 and USD 7,550 resistance levels. BTC/USD remained well bid above USD 7,120 and it seems like the bulls are eyeing a crucial upside break above USD 7,400 in the coming sessions.
Similarly, most major altcoins are trading...
Tether, ICOs, Craig Wright – Attorney Divulges New Details on Billion Dollar Crypto Lawsuits
9.4.2020
On April 3, the law firms Roche Cyrulnik Freedman and Selendy & Gay filed 11 class-action lawsuits against multiple digital currency exchanges and the issuers of certain initial coin offering (ICO) tokens. Entities like Block.one, Tron, Bancor, Status and numerous company executives...
New Wrapped Bitcoin Platform Allows You to Transact in BTC Using Tezos
8.4.2020
On April 8, the Bitcoin Association Switzerland (BAS) announced the launch of a new wrapped bitcoin project called Tzbtc. The token will be used on the Tezos network and each token will be backed 1:1 with BTC. The project is now the fourth tokenized project that leverages BTC on another blockchain....
Novogratz: We Have Money-Printing Orgy Going on, Amazing Environment to Buy Bitcoin
8.4.2020
Galaxy Digital chairman Michael Novogratz said that bitcoin is his pick under the current financial situation, describing it as an “amazing environment” to buy bitcoin. With “global money printing orgy,” a possible another trillion-dollar stimulus package, and “money...
Bitcoin News Roundup for April 8, 2020
8.4.2020
Tesla uses blockchain for supply chains and hackers can whisper to your phone. It's CoinDesk's Markets Daily podcast
Bityard Has Now Officially Launched – Register now and earn 258 USDT for Free
8.4.2020
Bityard, the world’s leading digital contract trading platform, has officially launched. According to industry authoritative sources, Bityard has received a strategic investment from a US hedge fund worth 10 million dollars, creating a precedent in the industry for complex contracts and simple...
The Bitcoin Cash Network’s Block Reward Officially Halved – Block 630,000 Mined
8.4.2020
On April 8, 2020, the Bitcoin Cash network officially halved as of block 630,000 and BCH miners hashing away at the network will capture 6.25 coins per block going forward. The BCH halving is the first major SHA256 branch to halve its block reward, as BSV and BTC will halve as well within the next...
Some Bitcoin OTC Brokers Left Clients On Their Own Amid Turbulence
8.4.2020
Trading in the over-the-counter (OTC) market for cryptoassets may not be as easy as it seems these days, a new report suggests, claiming that some market makers simply left traders to themselves when they were needed the most.
According to the report, published by London-based cryptoasset liquidity...
Bitcoin And Altcoins Holding Key Uptrend Supports
8.4.2020
After a strong rally, bitcoin price faced hurdles near the USD 7,550 resistance. As a result, there was a downside correction below USD 7,400, but the price remained well bid above USD 7,000. It is currently (08:30 UTC) rising and trading above key uptrend supports such as USD 7,120 and...
Mining Bitcoin Just Became More Difficult by Almost 6%
8.4.2020
While, two weeks ago, it was estimated that Bitcoin (BTC) mining difficulty might drop by 16%, it just went up 5.77 % today, as more miners turned their machines on in the past two weeks.
The mining difficulty (used as a measure for how hard it is to compete for mining rewards) now stands at 14.7...
Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital Payments
8.4.2020
Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies. The firm’s Twitter account and macro strategist Marion Laboure have been tweeting regularly about...
Virgin Galactic’s Chamath Palihapitiya: Bitcoin Could Go to $1 Million, Everybody Should Own Some
8.4.2020
Virgin Galactic Chairman Chamath Palihapitiya has shared his bitcoin investment strategy, predicting that bitcoin’s price could reach a million dollars. He further suggested that everybody should have 1% of their assets in bitcoin since it is “a fantastic hedge.” Also read:...