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Stablecoin Demand May Drop if Traders Abandon Bitcoin ‘Cash and Carry’ Strategy
19.8.2020
Institutional demand for stablecoins may cool because yield on “carry trades” has been cut in half since Monday
Tahinis Restaurants Convert Entire Cash Reserves into Bitcoin
19.8.2020
Popular Middle Eastern cuisine restaurant chain, Tahinis Restaurants announced on Twitter that they have converted all their cash reserves into Bitcoin, which were otherwise used as savings. In a long thread, they tagged influencers and platforms that helped them along their journey of embracing...
Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower
18.8.2020
The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0.065-0.075 yuan or $0.01 per kilowatt-hour. According...
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...
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
Grayscale’s Bitcoin Cash and Litecoin Trusts Begin Trading Publicly
17.8.2020
Grayscale now has six publicly traded crypto investment vehicles, all trusts
Grayscale Brings Altcoins to Over-the-Counter Trading
17.8.2020
The company also happened to clear a Nasdaq and NYSE listing requirement in the process
Flipstarter Campaign Aims to Raise Funds for Viral Bitcoin Cash Marketing
17.8.2020
Bitcoin Cash supporters are a passionate bunch and the CEO of Bitcoinbch.com, Hayden Otto is an extremely impassioned BCH supporter. Otto has initiated a fundraising effort toward Bitcoin Cash marketing by leveraging the nonscustodial Flipstarter platform. The fundraiser aims to raise 650...
Lockdown Life & Darknets: BTC Still the DNM King, Cashaa’s Stolen Coins Sent to Hydra, Cannabis Sales Surge
17.8.2020
During the last six months, the Covid-19 outbreak has caused a lot of disarray in the world and one thing is for sure, the use of darknet markets has surged. While the citizens of the globe have been locked down, cannabis sales have skyrocketed and the dollar value of bitcoin transactions done...
Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’
14.8.2020
Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2.4% on Friday. Bitcoin has been inching toward the $12k region again and ethereum touched a high over $442 a coin during the afternoon trading...
Price Analysis 8/14: BTC, ETH, XRP, LINK, BCH, BSV, LTC, ADA, BNB, CRO
14.8.2020
Traders have turned bullish on Ethereum again and the strong break above $400 could pull Bitcoin and other altcoins higher
Coinbase to Offer Bitcoin-Based Cash Loans of up to $20,000 Across 17 US States
14.8.2020
U.S. crypto exchange Coinbase will start offering bitcoin-backed cash loans to select customers as early as next month. Investors can borrow up to 30% of the bitcoin they hold on the exchange, or a maximum $20,000, it said. In a blog post on August 13, Coinbase unveiled its new crypto lending...
Markets.Bitcoin.Com Holds Fort as Coinmarketcap Temporarily Goes Offline
14.8.2020
Coinmarketcap (CMC) temporarily went offline Thursday, August 13 and normal service only resumed some hours later, but not before inconveniencing a number of regular users. Crypto investors accustomed to CMC’s service scrambled to find reliable alternative sources of fresh market data. During...
Bitcoin.com Wallet Reveals USDT Support – Users Can Swap and Store SLP-Based Tether
13.8.2020
During the first week of July, Bitcoin.com’s Wallet added a number of new features including a portfolio breakdown and honestcoin (USDH) swapping abilities. With the latest update this week, Bitcoin.com Wallet users can now store the SLP-based stablecoin tether (USDT) in their wallets...
High Fees Make BTC Less Appealing for Remittances in Africa: ‘Pray Blocks Happen Quickly’
13.8.2020
Bitcoin trading volumes are on the rise on the African continent despite the ongoing concerns about the high network fees. Data shows peer to peer bitcoin trading platforms recorded spiked growth in volumes starting in April. This was the same time as many countries implemented lockdown measures....
Link Price Surges 32% to Overtake Bitcoin Cash as 5th-Largest Crypto by Market Cap
13.8.2020
The native token of decentralized oracle network Chainlink (LINK) has just claimed a top-five spot in terms of market value
Price Analysis 8/12: BTC, ETH, XRP, LINK, BCH, BSV, LTC, ADA, XTZ, BNB
12.8.2020
As Bitcoin price slowly regains momentum, many altcoins have been rewarding traders by rallying to new all-time highs
Chainlink Flips Bitcoin Cash; Nigeria Leads in Crypto Usage + More News
12.8.2020
$4.6 Billion Under Management: Grayscale Purchased Over $100M Worth of Bitcoins Last Week
12.8.2020
This week cryptocurrency proponents discussed the firm Grayscale Investments, as the firm purchased 9,702 bitcoins (over $110 million) in the past five days. The news follows Grayscale informing the U.S. Securities and Exchange Commission (SEC) that the Bitcoin Trust (GBTC) grew over $1.6 billion...
Lawyer to File Crypto Class-Action Seeking Billions From Social Media ‘Cartel’
12.8.2020
Andrew Hamilton, the CEO of legal firm JPB Liberty, is ready to file a class-action lawsuit seeking billion in damages from the social media “cartel” that sought to kill crypto in 2018