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Cryptocurrency News

Location American Cryptocurrency News for 5 June 2020
Russian Companies Upbeat about Metals, Oil & Gas Tokenization Chances Russian companies remain optimistic about their plans to tokenize the mining and extraction of oil, gas and other natural resources, including precious metals - despite lingering concerns about legislation and regulatory...
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Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement The Federal Reserve’s Chair, Jerome Powell has hinted at using an Ethereum-based interest reference rate in a transition from the London Interbank Offered Rate (Libor). Powell also detailed in a letter to Senator Tom C...
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Poloniex Lists Binance Coin Following Tensions Over Steem Poloniex has launched support for Binance Coin and Binance USD, despite CZ's recent vocal criticism of Justin Sun over his handling of Steem.
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Peer-to-peer bitcoin transactions are up in the developing world. This has everything to do with "QE Infinity" and could be an opening for stablecoins.
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Grayscale is Buying Up More Than Just Bitcoin

Coin Telegraph - 5 Jun 2020 22:11
Grayscale is Buying Up More Than Just Bitcoin 22% of crypto fund manager Grayscale Investments' purchases have been Ether throughout 2020 so far, totaling $110 million worth of accumulation.
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The SEC is trying to freeze the assets of a cryptocurrency mining and multilevel marketing scheme that it claimed bilked investors of $12 million.
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Price Analysis 6/5: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, XTZ Many cryptocurrencies are showing strength by hovering close to their recent highs even as gold is selling off.
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Charles Hoskinson: Recursive SNARKs Could Help Bitcoin Scale Charles Hoskinson believes that this complex cryptographic technique could have helped avoid the Bitcoin Civil War that led to the formation of Bitcoin Cash.
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How one of the world's most important geopolitical relationships came to be what it is in 2020.
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Report Shows Crypto Derivatives Volumes Soared 32% to a Record $602 Billion in May Cryptocurrency derivatives trading volumes climbed 32% in May to a new record high of $602 billion, according to data analytics company Cryptocompare. Total spot volumes grew at a slower pace, rising 5% to $1.27 trillion...
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Why the 2020s May Be the Decade of Hyperbitcoinization Bitcoin (BTC)'s monetary fairness may lead to the 2020s becoming the decade of hyperbitcoinization, which is a theorized form of Bitcoin-induced currency demonetization, according to Lucas Nuzzi, Head of Network Data at ...
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Bitcoin News Roundup for June 5, 2020

Coin Desk - 5 Jun 2020 19:43
It's bulls on parade as analysts see upward momentum for bitcoin. Here's CoinDesk's Markets Daily Podcast.
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Malta-based cryptocurrency exchange OKEx rolled out option contracts on Ethereum's ether (ETH) token on Thursday, ending the Panama-based Deribit's virtual monopoly in the space.
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U.N. and Federal Reserve experts think CBDCs can compete with commercial banks, New York and France enter a regulatory agreement while Europol has Wasabi Wallet concerns.
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Bitcoin Has Been the Best Currency Investment for Over 1,200 Years Although not designed as an investment vehicle, Bitcoin's rise in value has made it the best currency investment you could have made in the last 1,200 years.
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Crypto Derivatives Blossomed In May, Celsius Hit USD 1B + 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. Exchange news Derivatives represented 32% of the cry...
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The Mysterious Satoshi Nakamoto Allegedly Leveraged a Russian Proxy for Communications 4,171 days ago in 2009, Satoshi Nakamoto invoked the Bitcoin network after sharing the white paper with people since Halloween 2008. Just recently, it has been discovered that Nakamoto leveraged a Russian proxy to obfusc...
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Low-interest rates have removed one of the few remaining incentives for holding a bank account, meaning digital currency could be a better alternative, argues a UN expert.
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Your Crypto Taxes Can Be Donated to Charity Instead

Coin Telegraph - 5 Jun 2020 15:34
Your Crypto Taxes Can Be Donated to Charity Instead Cryptocurrency has become one of the easiest ways to donate to charity without the funds being funneled to third parties.
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The New York State Department of Financial Services and its French regulatory counterpart will work to "ease the entry" for fintech innovators into their respective markets.
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USD 100,000 'Reserved' of USD 1M in Bitcoin Giveaway by Draper Goren Holm Blockchain venture studio Draper Goren Holm pledged to give USD 1 million in Bitcoin (BTC) to celebrate their annual blockchain-focused conference going digital, with almost 1,000 sign-ups already. The venture studio foc...
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The $20,000 in 2020 prediction may be overly optimistic, but analysts agree bitcoin is likely heading north.
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