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Bitcoin News Roundup for Sept. 9, 2020
9.9.2020
With bitcoin hovering just above $10,000 and a tokenized form of Ethereum transaction fees in the crosshairs, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
CEX.IO to Offer Instant Cryptocurrency-Backed Lending Service in 217 Countries and Territories
9.9.2020
LONDON, the United Kingdom – CEX.IO, one of the largest international exchanges in the cryptocurrency market, is set to launch a digital asset-backed lending service in September. Available in 217 countries and territories – including Australia, the United Kingdom, the European Union...
Bitcoin Obituaries Lists Another Crypto Eulogy, 2020 BTC Deaths in the Single Digits
9.9.2020
The infamous “Bitcoin Obituaries” has seen another addition to the long list of deaths since bitcoin’s oldest death on December 15, 2010. According to the list of articles with 382 deaths to-date, bitcoin was declared dead again on September 4, 2020. Ever since Satoshi Nakamoto...
Bitcoin options data shows traders anticipate BTC price to fall soon
8.9.2020
After a 17% drop in the Bitcoin price within a seven-day span, options market data shows investors are turning cautious
Bitcoin ‘plankton’ wallets hit record — plus 4 more bullish BTC charts
8.9.2020
Both big and small hodlers are amassing BTC, statistics confirm, a trend which has only accelerated as the United States prints more dollars
Cryptocurrencies Now Accepted for 15,000 Restaurants in France on Just Eat
8.9.2020
Food orders from over 15,000 restaurants in France can now be paid with bitcoin and a number of other cryptocurrencies through a major online food ordering website, Just Eat. Just Eat Accepts Cryptocurrencies for Restaurants in France Online food ordering platform Just Eat has begun accepting...
$700 Million Worth of Synthetic Bitcoin Is Circulating on the Ethereum Blockchain
8.9.2020
According to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain. Out of the six synthetic bitcoin token projects, wrapped bitcoin (WBTC) commands the largest number of coins with over 63% and 44,622 WBTC. Synthetic bitcoin...
Ransomware hackers shut down Argentina’s borders, demand $4M BTC
7.9.2020
Officials shut down border checkpoints for 4 hours on Aug. 27
Price analysis 9/7: BTC, ETH, XRP, LINK, BCH, DOT, BSV, BNB, LTC, CRO
7.9.2020
Bitcoin and altcoins could consolidate in a tight range for a few days before making the next decisive move
Whale Watch: 68 New Whales Join ETH Network, BTC Holds Lowest Concentration of Whales
7.9.2020
Onchain data shows that during the market carnage this past weekend the number of ethereum whales increased significantly, while ETH prices dropped by 30%. Analytics from the data firm Santiment shows 68 new whales joined the network during the last three days. During the last three days...
Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe
7.9.2020
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2.75 on September 6. The highest average daily...
Bitcoin Mining Difficulty Drops While BTC Slips Below USD 10K Again
7.9.2020
Source: Adobe/Татьяна Палладина
Following a month of rising Bitcoin (BTC) mining difficulty, the first adjustment in September saw the difficulty drop - though it still remains at the second-highest level in the network's history.
Bitcoin mining difficulty, or the measure of how hard it is...
Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, NEO, XEM
6.9.2020
A short-term bottom for Bitcoin and altcoins may be confirmed if the bulls do not allow the recent lows to be broken during the next fall
Bitcoin Dominance Slides Losing 10% in the Last 100 Days
6.9.2020
Bitcoin’s Dominance Index has slid 10% from a high of 67% on May 10, to a low of 57% today. Despite the defi market shakeout, ethereum still captures 10% of the aggregate market capitalization of $330 billion. There’s been a number of changes in the top ten line up of coins, as bitcoin...
‘Bitcoin Beats Gold on Every Single Measure,’ Says Macro Strategist Raoul Pal
6.9.2020
Global Macro Investor CEO Raoul Pal has explained why he believes bitcoin is better than gold in every way. He proclaims that bitcoin is “the hardest form of money” and “the best reserve asset and best collateral asset ever seen.” Bitcoin Is ‘the World’s Best...
Crypto-Friendly Banking Platform Cashaa Expanding in India, US, Africa
5.9.2020
Crypto banking platform Cashaa has unveiled plans to expand its services in India, the U.S., Africa, and the Caribbean. In India, the company aims to create “the first crypto-friendly banking platform” that is regulated by the central bank, the Reserve Bank of India (RBI)...
South African Man Charged in U.S. Court for Fraud Involving $28 Million in Bitcoin and Forex
5.9.2020
A South African man has been charged with fraud in the Maryland District Court for allegedly scamming $28 million from over 1,000 investors. Dennis Jali, a former resident of Maryland, targeted church-going African immigrants, promising them guaranteed returns on his supposed bitcoin (BTC)...
Sub-$10K Bitcoin price caused $653M open interest drop, largest since March
4.9.2020
Pro traders bullish sentiment softened after Bitcoin futures open interest fell in tandem with traditional markets which also recorded notable losses
Price analysis 9/4: BTC, ETH, XRP, LINK, BCH, DOT, LTC, CRO, BNB, BSV
4.9.2020
A dead cat bounce from Bitcoin and altcoins’ critical support levels may attract further selling that could result in lower levels over the next few days
Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums
4.9.2020
The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during yesterday’s trading sessions. More than 12 hours later, a number of the top crypto assets are still down in value between 4-12%, and some...