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Bitcoin News Roundup for Aug. 18, 2020
18.8.2020
With bitcoin's exchange reserves at a 20-month low and its hashrate getting soaked in Sichuan, CoinDesk's Markets Daily is back for your latest crypto news roundup!
Bitcoin Bull Market ‘Confirmed’ Says PlanB as RSI Repeats 2016 Halving
18.8.2020
Excitement is building around the Bitcoin price as history appears to repeat itself and analysts recall the start of its run to $20,000 all-time highs
Crypto Exchange LGO Integrates With Fireblocks to Speed Up Trading Times
18.8.2020
LGO says its partnership with Fireblocks will speed up slow deposit times – an opportunity cost for crypto exchange users
First Mover: Bitcoin Passes $12K, Dollar Worries Grow, OMG Jumps, Portnoy’s Orchid #Pump
18.8.2020
Bitcoin rises, Warren Buffett buys gold miner, Wall Street dollars worry grow, OMG price jumps, Orchid gets #pump tweet, Ethereum Classic delisting
Bitcoin Price Rises as U.S. Stock Market Rebounds, Maintaining Correlation
18.8.2020
The price of Bitcoin has increased in tandem with the U.S. stock market, as “big tech” fuels stock market sentiment
Bitcoin Holding Sentiment Strongest in Nearly Two Years
18.8.2020
The amount of bitcoin held on crypto exchanges is down to a 21-month low, a sign investors are feeling bullish
Chainlink Up Nearly 1,000% Since ‘Black Thursday’ Crash
18.8.2020
Chainlink's LINK token has surged nearly 1,000% over the past five months – some are worried the market is beginning to overheat
Bitcoin Price Will ‘Explode’ Says Trader if BTC Breaches $13,000
18.8.2020
The changing distribution of open interest is “wildly bullish,” one crypto fund manager says as John Bollinger says the price rally is “picture perfect.”
72% of Investors Will Hold Bitcoin Even if Price Falls to $0
18.8.2020
A new poll finds that 72% of bitcoin investors are bullish about the cryptocurrency and will hold onto it even if the price somehow falls to zero. A total of 22,635 votes were gathered for this survey. Most Bitcoin Investors Would Hodl Regardless of the Price Twitter user Plan B, known for...
Bitcoin Cash and Litecoin Trusts from Grayscale Investments Begin Trading
18.8.2020
Grayscale Investments’ Litecoin Trust (LTCN) and Bitcoin Cash Trust (BCHG) have received DTC eligibility on Monday, which means the shares can begin trading publicly. The firm’s latest funds give investors exposure to the crypto assets bitcoin cash and litecoin and shares will be traded...
Market Wrap: Bitcoin Cracks $12.4K; DeFi Crosses $6B Locked
17.8.2020
Bitcoin experienced a big jump Monday as investors continue to drop crypto into DeFi
OKEx Mulls ETC Delisting After Losses From Two 51% Attacks
17.8.2020
OKEx admitted a total loss of approximately $5.6 million from the recent Ethereum Classic 51% attacks and could delist ETC from its exchanges
Price Analysis 8/17: BTC, ETH, XRP, LINK, BCH, LTC, BSV, ADA, EOS, BNB
17.8.2020
Bitcoin’s strong move above the $12,200 resistance could boost sentiment and lead to a stronger rally in select altcoins
Bitcoin Surges Past $12,000 to New 2020 High
17.8.2020
This is the second time the bitcoin price has soared past the $12,000 milestone in 2020 – it still has a way to go before it closes in on the 2019 record
Bitcoin Investors Swap for Ethereum 'Wrapped BTC' to Yield Farm and Chill
17.8.2020
Demand for Wrapped BTC has surged as Bitcoin investors seek a private method to gain exposure to DeFi and lend farming
Bitcoin Price Breaks $12K, But Is it the Final Hurdle Before $15K?
17.8.2020
Bitcoin price rallied to $12,470 and if $12,000 holds as support bulls will target prices north of $15,000
Bitcoin News Roundup for Aug. 17, 2020
17.8.2020
With bitcoin’s hashrate reaching record highs and litecoin hoping to Mimblewimble its way into new users' wallets, CoinDesk's Markets Daily is back with your latest crypto news roundup!
Bitcoin Price Hits 13-Month High of $12,200, Liquidating $22M Shorts
17.8.2020
A sudden charge to $12,200 causes instant pain for shorters as one analyst described it as a “clear fake-out to take liquidity.”
First Mover: Litecoin and Mimblewimble, Ether Futures, Chainlink, Curve
17.8.2020
Litecoin's Mimblewimble upgrade sparks optimism, Ether futures hit records, Chainlink developers take profits
Bitcoin Bull Market Things? Top Exchange Volume Soars to $334B in July
17.8.2020
The volume of top-tier cryptocurrency exchanges has increased to $334 billion in July as Bitcoin’s price climbed by 30%