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Cryptocurrency News

Location American Cryptocurrency News for 11 May 2020

Bitcoin News Roundup for May 11, 2020

Coin Desk - 11 May 2020 15:20
Bitcoin's third halving, Consensus:Distributed and a pullback after the bulls make another run at $10,000. It's Markets Daily from CoinDesk.
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S Korea to Welcome Blockchain-powered Unlisted Stock Trading Platforms Two new blockchain-powered unlisted over-the-counter (OTC) stock trading platforms should launch in South Korea next year, with a third, rival platform already ready to open its doors for business. Per Fn News, a potenti...
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Binance Adds Its Own Leveraged Tokens After Removing FTX Binance recently added its own leveraged tokens, just weeks after removing similar FTX products from its exchange.
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Hut 8 Mining Revenue Continues Decline in Q1

Coin Desk - 11 May 2020 23:57
Hut 8's Q1 2020 earnings fell, pulled lower by falling revenue, decreased EBITDA and increased collateral requirements.
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With the highly anticipated bitcoin halving reducing new mining supply, what are crypto traders thinking about upcoming market behavior?
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Ashton Kutcher Participates in Lolli's $3M Seed Round

Coin Telegraph - 11 May 2020 21:55
Ashton Kutcher Participates in Lolli's $3M Seed Round Notable entrepreneurs are backing the seed funding round led by Pathfinder that aims to strengthen Lolli's app.
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Bitcoin's Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time Estimates The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. Bitcoin min...
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Bitcoin's third halving, a once-every-four-years occurrence and the most anticipated event this year in the cryptocurrency industry, has finally happened.
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Bitcoin Went Through its Third Halving, Next Target - 'Halvation' Bitcoin (BTC) just went through its third halving of the mining reward, which is jokingly referred to as 'Halvation' (halving + salvation) that should send the price of the most popular cryptocurrency to the Moon or even...
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Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on ...
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The story behind the soundbite: why one of the world's most famous investors is betting on bitcoin as a hedge against a new inflation era.
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During Consensus: Distributed, CoinDesk is raising money for COVID-19 relief using an innovative method called quadratic funding.
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Crypto Listing and Delisting Announcements: Week 19

Crypto News - 11 May 2020 19:58
Crypto Listing and Delisting Announcements: Week 19 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information ab...
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Top Crypto Traders Predict Bitcoin Price Direction After BTC Halving Bitcoin's price saw wild volatility leading up to the halving. Top crypto traders discuss where the price is likely headed to next.
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Mass adoption is on everyone's mind. Here are the shows at Consensus: Distributed you'll want to catch on crypto going mainstream.
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Ammous and Voorhees Come to Consensus on Failures of Centralized Powers Two of the cryptocurrency space's most outspoken critics of central banks spoke about failures during the current coronavirus pandemic and how Bitcoin could have prevented them.
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Genesis Mining's Marco Streng: 'You Can't Just Switch Miners On and Off' The Cointelegraph Bitcoin halving live party continues with a deep dive into how the mining industry is affected by the sudden, but very predictable, revenue shock.
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Binance.​US Launches OTC Trading Platform

Coin Telegraph - 11 May 2020 19:20
Binance.​US Launches OTC Trading Platform Top crypto exchange's U.S. branch now supports over-the-counter trades.
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Brian Brooks, now a US banking regulator, said creating a federal license for crypto startups might make more sense than subjecting them to 50 different state money transmitter approvals.
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Digitized Europe: The Shift to a Cashless World

Coin Telegraph - 11 May 2020 18:57
Digitized Europe: The Shift to a Cashless World Emerging technologies such as blockchain are reshaping the landscape of the traditional financial system in Europe.
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This is How Bitcoin Changed Since Its Second Halving in 2016 The Bitcoin (BTC) mining reward is halving today, and the entire industry is focused on it to see what'll happen afterward. Though we may not know what the feature has in store for BTC, we know its past - and we know tha...
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Binance US has launched an OTC trading portal for major orders above $10,000
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