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Cryptocurrency News

Location American Cryptocurrency News for 10 May 2020
15% Correction Drops Bitcoin Price to $8,100 Days Before BTC Halving Bitcoin price drops by 15.30% just 2 days before the block reward halving.
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Bitcoin Price Volatile 24 Hours Before Halving, Key Indicators Bullish While the fear and uncertainty surrounding BTC has decreased quite substantially before the upcoming halving, experts have noted that the greed aspect of the F&G Index has increased greatly over the past couple of days.
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Bitcoin Tests $10,000, 'Halving Dump,' $1M BTC Predicted: Hodler's Digest, May 4-10 In this week's Hodler's Digest, all of the latest buzz ahead of the Bitcoin halving -- including why some think a $1M BTC is more likely than ever
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Jenny Ta on Transitioning From Wall Street to Crypto

Coin Telegraph - 10 May 2020 22:31
Jenny Ta on Transitioning From Wall Street to Crypto Jenny Ta discusses her transition from Wall Street to blockchain and the challenges of building a company in an emerging sector
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Bank of England Predicts Worst Economic Crash in 300 Years for UK The Bank of England has predicted the worst economic crash since the Great Frost of 1709. Economists are less optimistic than the central bank about the rate of recovery for the UK economy. “Current conditions are unpr...
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Bitcoin Halving Is Almost Here: Will Bitcoin Go to the Moon? The upcoming halving and the COVID-19 pandemic crisis may suggest a bright future for Bitcoin
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Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, XTZ, ADA, NEO Strong buying near the $8,100 level suggests that Bitcoin is likely to retest higher levels in the next few days
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Positive On-Chain Activities During Bitcoin Halving Countdown On-chain data indicates that miners are holding their Bitcoin heading into the halving
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Quantitative Hardening: Dissecting the Third Bitcoin Halving, 3 Key Data Points to Watch In a touch more than 24-hours time, the third bitcoin halving will take place on May 12, 2020, on or around 9:50 p.m. ET. Miners will see their revenues slashed in half from 12.5 coins to 6.25 BTC after the halving and s...
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Traders Say Binance Cut Their Bitcoin Shorts: Here's Why It Happened Traders claim that their Bitcoin shorts were unfairly cut on Binance Futures, but the process is called auto-deleveraging, and here is why it happens.
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Is Bitcoin's Lightning Network Ready to Replace Altcoin Use Cases? For many, Bitcoin's (BTC's) Lightning Network (LN) is viewed as a way for the world's most popular cryptocurrency to enable faster, cheaper payments. While many altcoins, such as Bitcoin Cash (BCH) and Litecoin (LTC), ha...
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Binance's Mining Pool Could Disrupt the Entire Mining Industry Binance's entrance to the Bitcoin mining industry could create a great disparity for the Bitcoin community.
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3 Reasons for the Bitcoin Price 'Halving Dump' From $10K to $8.1K The bitcoin price dropped from $10,000 to $8,100, liquidating $200 million worth of shorts. Here are three factors that triggered the fall.
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OTC Exchanges Help Thwart $5M Bank Heist in Brazil

Coin Telegraph - 10 May 2020 07:00
OTC Exchanges Help Thwart $5M Bank Heist in Brazil A $5 million hack that has baffled investigators in Brazil was thwarted with assistance from local OTC trading desks.
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Bitcoin Mining Markets Heat Up: Ebang's $41M Deficit, Bitmain's Alleged 2020 Revenue The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Secur...
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