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Cryptocurrency News

Location American Cryptocurrency News for 29 May 2020
Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrenc...
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Digital Yuan Will 'Co-exist' with Alipay, WeChat Pay - China Telecom A China Telecom executive has hinted that the digital yuan and third-party payment apps will likely co-exist in the same financial ecosystem - although he stopped short of saying whether or not the forthcoming central ba...
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Stocks across Asia and Europe took a dip Friday and so did bitcoin in anticipation of Trump's comments on "deeply troubling situations" in Hong Kong.
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6 Questions for Pascal Gauthier of Ledger

Coin Telegraph - 29 May 2020 20:25
6 Questions for Pascal Gauthier of Ledger “I believe that small actions taken at individual levels can lead to real changes for the planet, and showing that we care inspires others to take action.”
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Amazon has patented a distributed ledger-based system for proving the authenticity of consumer goods.
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Not Your Tulip Trust? Message Calling Craig Wright 'Fraud' May Unlock the Case Legal experts say a message in Bitcoin addresses linked to the Tulip Trust could be used against Craig Wright in his case with Kleiman estate.
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As the current economic crisis comes into clearer focus, how leading voices from pop culture to crypto including Carlota Perez, The Chainsmokers, Ray Yousseff and many others are reimaging money.
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Price Analysis 5/29: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADA Many altcoins are showing significant strength as they approach their 200-day moving averages, this suggests that the sentiment in the sector remains bullish.
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Bitpay Has 'No Current Plans' to Support Liquid or the Lightning Network According to Bitpay’s Chief Marketing Officer, Bill Zielke, onchain bitcoin payments still rule the roost as far as payments are concerned. Zielke detailed that at least in the near future, Bitpay won’t be supporting...
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Coinbase Investor and Fundstrat Analyst Explain Why Goldman Sachs Is Incorrectly Assessing Bitcoin Here's why Goldman's approach to Bitcoin is 'stale' and 'hasn't evolved much.'
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Coinbase, BitGo and Genesis all announced plans to become prime brokers this month. Here's what the trend reveals about the state of the industry.
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Blockchains are flexible new forms of public infrastructure, says Michael Casey. Plus: with China rushing in, Africa is a prime battleground for the future of money.
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In the war between Trump and Twitter, decentralized systems may win.
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Cardano and Ethereum Price Surge Alongside Bitcoin -- Will XLM Follow? The recent surge in Bitcoin price led to rallies in Ethereum, Cardano, Theta Token and Band Protocol, can the upswing continue?
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Bitcoin News Roundup for May 29, 2020

Coin Desk - 29 May 2020 18:20
With bitcoin and many traditional markets down on the day, CoinDesk's Markets Daily is back!
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JPMorgan Loses USD 2.5M in Crypto Case, Dragonchain on Science Channel + More News Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news - investigating the stories flying under the radar of today's crypto news. Legal news Major investment bank JPMorgan Chase has ...
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UK Court Drops Craig Wright's Appeal Against Roger Ver

Coin Telegraph - 29 May 2020 17:15
UK Court Drops Craig Wright's Appeal Against Roger Ver Calling Wright a "fraud" is not a UK-related matter, the Court of Appeal of England and Wales rules.
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Washington Warned: Launch Digital Fiat or Say Goodbye to USD Dominance Source: Adobe/salomonus_ A group pushing for the United States to adopt a digital dollar has warned that failure to launch a central bank digital currency (CBDC) could cost the country dear - and could see the USD lose i...
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Campaigners against Section 230 said Trump's intervention might derail their cause, but it could offer an opportunity for decentralized tech.
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South Korea to Start Taxing Bitcoin Profits in 2021

Bitcoin.com - 29 May 2020 16:44
South Korea to Start Taxing Bitcoin Profits in 2021 South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offe...
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The Worst Crisis in a Century Is Setting the Stage for Bitcoin The world's existing economies are suffering due to the COVID-19 pandemic, which has revealed the main benefits of decentralized tech and crypto.
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A new TV series tracking the story of Disney-linked blockchain firm Dragonchain was fully funded in cryptocurrency. It's scheduled to go live July 4 on Discovery Science.
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