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Bitcoin News Roundup for May 8, 2020
8.5.2020
Bitcoin bumps against six figures while a cancelled crypto event draws legal ire. It's CoinDesk's Markets Daily podcast
Bitcoin Eyes First 9-Week Bull Run as Options Open Interest Hits $1B
8.5.2020
BTC/USD is just ten days from seeing 9 weeks of back-to-back green candles for the first time in its history as the battle for $10,000 continues
Bitcoin in Emerging Markets: Latin America
8.5.2020
Crypto adoption is up from Argentina to Venezuela, especially bitcoin and stablecoins like dai. But each market is unique
Coinshares Acquires Gabi Trading: New Unit Traded $3 Billion Worth of Crypto in 2019
8.5.2020
Coinshares on Thursday launched its trading business, Coinshares Capital Markets (CSCM), reporting that the unit traded over $3 billion worth of cryptocurrency in 2019 and $1.5 billion during the first quarter of 2020. The UK digital asset manager is basically rebranding Gabi Trading, a business...
Bitfinex Now Has a Derivatives Contract Offering Exposure to Bitcoin Dominance
8.5.2020
Bitfinex says the perpetual swap provides investors with a less volatile form of exposure compared to a plain-vanilla bitcoin futures contract
Open Positions on Bitcoin Options Pass $1B for First Time
8.5.2020
Open contracts on bitcoin options rose to record highs on Thursday as the cryptocurrency’s price rose into five figures. It's not necessarily a bullish sign, though
The Men Who Stare at Charts
8.5.2020
The crypto markets are in a permanent state of flux. Meet the traders who know how to read the room
First Mover: Search Interest in Bitcoin’s Halving Reaches Fever Pitch as Price Hits $10K
8.5.2020
Google Trends, a barometer for gauging interest in trending topics, shows searches for "halving" or "bitcoin halving" are far higher than for the same event in 2016
New Bull Market Signal? Bitcoin Bearwhale Vanishes as BTC Hits $10K
8.5.2020
The most profitable trader on Bitfinex disappeared after the Bitcoin price hit $10K in a stunning 150% rally since the Black Thursday crash
‘Perfect Wedge’ Makes $1M Bitcoin More Likely Than Ever — Raoul Pal
8.5.2020
A move to $40,000 and even higher is now easier than ever, argues the investment CEO who last month warned that “boomers are f*cked.”
3 Reasons Some Top Traders Expect Bitcoin Price to Hit $15K in Q3 2020
8.5.2020
Bitcoin price completed a V-shape recovery to $10,000 as crypto traders expect it to reach $15,000 in Q3 2020
Bitcoin Price Touches $10K Amid 2020’s Macroeconomic Storm and Covid-19 Fears
8.5.2020
On May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocurrency’s per annum inflation rate will drop from 3.6% to 1.8%...
Bitcoin Breaches $10K for First Time Since February
8.5.2020
Bitcoin's price has broken the $10,000 barrier just days before its next halving
Market Wrap: Bitcoin at $9.9K as Halving Chatter Increases
7.5.2020
Bitcoin’s price keeps gaining as people increasingly talk about the halving - but the event’s potential after-effects may be considered an afterthought for many investors
3 Technical Factors Point to a Bitcoin Price Correction After Halving
7.5.2020
Bitcoin price has risen to $9,887 but is strongly overbought, increasing the possibility of a post-halving sell-off
Hedge Fund Pioneer Turns Bullish on Bitcoin Amid ‘Unprecedented’ Monetary Inflation
7.5.2020
Paul Tudor Jones, a pioneer of the modern hedge fund industry, is reportedly betting on bitcoin’s price as an inflation hedge. Exactly how is unclear
Tone Vays and Charlie Burton Discuss Bitcoin Live With Cointelegraph
7.5.2020
Join us for Cointelegraph’s first Crypto Markets show!
Bitcoin News Roundup for May 7, 2020
7.5.2020
BTC could hit $10K while mining ramps up. This is CoinDesk's Markets Daily podcast
Bitcoin Price Hits Resistance After Surge to $9.6K — Is $10K Next?
7.5.2020
A fresh bullish uptick in Thursday trading sees BTC/USD retake $9,500 for the first time in over two months
US Debt Hits $25T — Stimulus Checks That Bought Bitcoin Now Worth $1.6K
7.5.2020
The Federal Reserve’s Zimbabwe-esque policy sees the country’s debt mountain reach unimaginable heights, adding $1 trillion under one month