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Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments
14.6.2020
On June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The quarrel is allegedly causing shipment problems for customers, as reports note that Zhan is prohibiting deliveries stemming from the company’s...
Top 5 Cryptocurrencies to Watch This Week: BTC, XTZ, XLM, ADA, NEO
14.6.2020
Bitcoin is likely to make a decisive move in the next few days and start a trending move that could remain in force for a few weeks
A Record Number of Investors Are Holding at Least 0.1 BTC
14.6.2020
Data posted by Glassnode has revealed that the number of wallets containing 0.1 coins is posting new all-time highs for both Bitcoin and Ether addresses
Documents Show Craig Wright Claims to Own a Bitcoin Address With 80,000 BTC Stolen From Mt Gox
14.6.2020
On June 12, 2020, the former CEO of Mt Gox, Mark Karpeles, tweeted about the notorious Craig Wright, the man who claims to be Satoshi Nakamoto. Karpeles and a number of crypto community members, assert that Wright’s legal team from London has been sending documents to certain individuals....
Spacex Bitcoin Scam Features BTC Giveaway, Elon Musk, and NASA Launch
14.6.2020
A Spacex bitcoin scam has frequently appeared on Youtube, claiming to give away BTC. Its promo video features the recent Spacex launch with two NASA astronauts and an interview with Spacex and Tesla CEO Elon Musk. The scammers claim that anyone sending bitcoin to them will...
China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls
13.6.2020
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out...
Blackout Cure Needed? BTC Price Volatility Challenges Crypto Exchanges
13.6.2020
2020 has been one of BTC’s most volatile periods, but why do cryptocurrency exchanges keep crashing under high demand?
Bitcoin Market Dynamics See Change After BTC Reward Halving
13.6.2020
One month after the Bitcoin halving, several key factors seem to point to a pivotal change in the BTC market and investor behavior
Japanese Court Upheld Former Mt Gox CEO’s Conviction for Manipulating Data
13.6.2020
A Japanese high court upheld the Tokyo-based lower court’s decision to reject the former Mt Gox CEO’s appeal. Mark Karpeles was arrested in 2015 and accused of “manipulating electronic data” and managed to duck embezzlement charges. The former boss of Mt Gox, Mark Karpeles...
US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’
12.6.2020
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher...
Price Analysis 6/12: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, XTZ
12.6.2020
Bitcoin sold off as stocks corrected on June 11, but BTC and altcoins are failing to recover even as equities markets move higher
Bitcoin Realized Cap Hits $106B Record as ‘Fear’ Returns to BTC Index
12.6.2020
Coin Metrics’ popular indicator continues its relentless uptrend despite bearish sentiment creeping into Bitcoin markets
Bitfinex Hackers Move Another $4.1 Million Bitcoin in Their Biggest Pay Day Yet
12.6.2020
Cyber-thieves from the Bitfinex hack of four years ago continue to cash out, this time transferring the equivalent of $4.1 million in bitcoin to an unknown wallet address. Crypto tracking tool Whale Alert reports that hackers moved 416 bitcoin (BTC) on June 11. The funds, valued at $4.1 million...
Tiny Tax Haven Accounts for $36B of Cross-Border BTC Transactions
12.6.2020
Seychelles-based exchanges moved $36 billion worth of Bitcoin across international borders in 2019
Bitpay Reveals Crypto-to-Fiat Prepaid Mastercard, Firm’s Flagship Visa Card Ends in December
12.6.2020
On June 11, 2020, the cryptocurrency payment services provider, Bitpay announced the firm is launching a prepaid Mastercard that can be loaded with a variety of digital assets. The Atlanta-based company says the card can be spent anywhere Mastercard is accepted and users can “instantly...
Bitcoin Price to Hit $12K or $8K Next? BTC Traders Discuss Macro Signs
11.6.2020
Traders discuss if the price of Bitcoin is headed to $12,000 or to $8,000 next by looking at key macro indicators
Bolstering Privacy: Human Rights Foundation Donates $50K Toward Bitcoin Mixing Development
11.6.2020
On June 10, 2020, the Human Rights Foundation (HRF) launched a fund that is dedicated to the development of tools that make the Bitcoin network “more private, decentralized, and resilient.” HRF’s initial gift of $50,000 will be given to the UK-based developer, Chris Belcher,...
Ripple Gets Ridiculed After XRP/BTC Breaks Below Key Level
11.6.2020
After disappointing long-time holders over the past couple of years, the XRP/BTC trading pair yesterday broke through yet another important support level, leading to Ripple – the company affiliated with XRP – being called out on Twitter by veteran chart analyst Peter Brandt.
While sharing a chart...
Bitcoin Users Could've Saved Half a Billion USD in Fees - Report
11.6.2020
Network fees must be paid, but what if you don’t have to pay as much? Bitcoin (BTC) users could've saved around half a billion USD in network fees had there been a full SegWit and batching adoption, according to Bitcoin startup Veriphi.
Per Veriphi’s latest report, almost half a million blocks...
Bitcoin (BTC) Trades Sideways as Alts Steal the Show; Struggles to Stay Above $10k
11.6.2020
India has a population of over 135 crores and is the second-most populous country after China, with the majority of the population keen to invest in profit-making avenues. Moreover, Coronavirus Pandemic has enticed opportunities for earning from home amidst the loss of jobs due to economic...