Cryptocurrency News
East Asia Digital Token Initiative Inspired by Facebook's Libra Plan
Crypto News - 11 Jun 2020 04:00
Policymakers in China have suggested creating a joint Japan-China-South Korea-Hong Kong digital currency that would function in a manner not unlike Facebook's original plan for the Libra project. Per Seoul Daily, 10 memb...
80% of US and European Institutional Investors Find Cryptocurrency Appealing: Survey
Bitcoin.com - 11 Jun 2020 02:20
A new survey of about 800 institutional investors in the U.S. and Europe shows strong cryptocurrency adoption, particularly bitcoin. About 80% of institutions said they find cryptocurrency appealing, and 60% believe cryp...
Data Appear to Contradict Bitfinex's Dwindling Bitcoin Deposits Narrative
Coin Telegraph - 11 Jun 2020 22:33
Bitfinex's Bitcoin deposits diminished by 135,000 BTC and data appears to contradict the exchange's rationale for this occurrence.
Non-Monetary Bitcoin Use Cases: Virtual Power Plants & Digital Identities
Crypto News - 11 Jun 2020 22:00
Visualization by Layer1. Bitcoin (BTC) is proving to be not only a monetary technology, as entrepreneurs find new applications in an increasing number of areas. This week, Brandon Arvanaghi, Layer1 Technologies Chief Sec...
With Token Uptick and Israeli Election Work, It's Been a Busy Year for Bancor's Founders
Coin Desk - 11 Jun 2020 21:15
Bancor, the decentralized exchange (DEX) protocol, has seen a number of interesting developments in the first half of 2020.
Why the Fed Keeps Denying Its Role in Increasing Inequality
Coin Desk - 11 Jun 2020 21:15
The Federal Reserve expects low inflation, says rates will stay close to zero through 2022 and keeps lying about the role of central banks in increasing inequality.
Russian Ministry Slams Bill to Ban Crypto -- Experts Warn Easy to Bypass, Creates Black Market
Bitcoin.com - 11 Jun 2020 21:05
Russia’s Ministry of Economic Development has informed parliament of its disapproval of the bill to ban cryptocurrency. Experts say a ban will be ineffective as people can use technology to bypass it, leading to the cr...
Quadriga Was a Ponzi Scheme, Ontario Securities Regulator Says
Coin Desk - 11 Jun 2020 20:48
NEW: The Ontario Securities Commission has published a scathing report calling now-defunct Canadian exchange QuadrigaCX a "Ponzi," and denouncing the practices of founder and CEO Gerald Cotten.
Bitcoin Price Drops to 2-Week Low After Sell-Off Triggers $800 Correction
Coin Telegraph - 11 Jun 2020 20:16
Bitcoin's struggle to reclaim $10K came to an abrupt end as the price suddenly dropped to $9,100.
Binance Adds New Bitcoin Futures as Crypto Market Volume Turns Bearish
Coin Telegraph - 11 Jun 2020 19:11
A cautious mood in the Bitcoin futures markets contrasts with Binance's optimistic launch of quarterly contracts.
Blockchain Bites: CBDCs on Capitol Hill, Custody Battles and Smart Drugs
Coin Desk - 11 Jun 2020 18:57
Lawmakers will convene today to discuss the possibility of using digital dollars to distribute coronavirus relief, while Filecoin releases its new testnet.
Japanese Judge Upholds Charges Against Mt Gox's Mark Karpeles
Coin Telegraph - 11 Jun 2020 18:50
A Japanese judge ruled in support of the data tampering charges moved against the CEO of now-defunct crypto exchange Mt. Gox.
Estonian Crypto Purge; BitPay Card; Three Arrows Hit Grayscale + More News
Crypto News - 11 Jun 2020 18:40
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. Regulation news Estonian regulators worried that cry...
Bitcoin Post-Halving Report (Q2 2020) by Cointelegraph Markets Research
Coin Telegraph - 11 Jun 2020 18:24
Strengthening network fundamentals support the bullish case for Bitcoin price one month after the halving.
Mutual Fund Giant Vanguard Wraps Phase 1 of Digital Asset-Backed Securities Pilot
Coin Desk - 11 Jun 2020 18:18
Vanguard worked with blockchain startup Symbiont, BNY Mellon, Citi, State Street and others to model the full lifecycle of digital ABS settlement.
Bitcoin Price to Hit $12K or $8K Next? BTC Traders Discuss Macro Signs
Coin Telegraph - 11 Jun 2020 18:03
Traders discuss if the price of Bitcoin is headed to $12,000 or to $8,000 next by looking at key macro indicators.
Speculation Rife as User Pays a Second $2.6 Million Fee in Ether Transaction
Bitcoin.com - 11 Jun 2020 18:00
History repeated itself on Thursday, after the Ethereum blockchain processed another transfer with fees of $2.6 million – the second such unusual, record-fee transaction in 24 hours. A user sent 350 ether (ETH), worth ...
Bitcoin News Roundup for June 11, 2020
Coin Desk - 11 Jun 2020 18:00
With BTC and global equity markets down more than 1% on the day, CoinDesk's Markets Daily is back with your bitcoin news roundup.
A Tumultuous Love Affair With a Bitcoin Millionaire Ends Bad
Coin Telegraph - 11 Jun 2020 17:57
An Australian court indicted to a 23-year-old woman with charges tied with her relationship with an unnamed Bitcoin millionaire.
Eidoo Burns 28 Million $EDO in Preparation for Governance Token Upgrade on June 18th
Bitcoin.com - 11 Jun 2020 16:59
Switzerland, 11th June 2020. Swiss-based crypto platform Eidoo has today burned almost one third (1/3rd) of the total supply of utility token $EDO as they prepare for its June 18th token upgrade, in collaboration with si...
Three Arrows Capital Now Holds More Than 6% of Grayscale's $3.6B Bitcoin Trust
Coin Desk - 11 Jun 2020 16:54
Three Arrows Capital now holds about 6.26% of the shares in the Grayscale Bitcoin Trust, or more than 20,000 bitcoins' worth.
Russian Central Bank 'on the Verge of' Issuing Blockchain Mortgages
Crypto News - 11 Jun 2020 16:30
Despite its disdain for all things cryptocurrency-related, Russia's Central Bank has lost none of its enthusiasm for blockchain - and looks to be doubling down on the technology with its fast-expanding plans to issue dig...