Cryptocurrency News
Mining Company Ebang's Stock Listed on Nasdaq Down 11%, Firm Plans to Launch Offshore Exchange
Bitcoin.com - 3 Jul 2020 02:05
The bitcoin ASIC mining rig manufacturer, Ebang International Holdings, was recently listed on Nasdaq last Friday on June 26. Ebang is now the second mining rig manufacturer to have a U.S. initial public offering (IPO) b...
UK Court Denies Maduro Access to $1 Billion of Venezuela's Gold
Bitcoin.com - 3 Jul 2020 16:15
The UK is denying Nicolas Maduro access to Venezuela’s gold worth about $1 billion, stored at the Bank of England. The UK High Court has ruled that the country does not recognize Maduro as president of Venezuela, block...
Bitcoin 90-Day Active Supply Soars to Pre-2017 Bull Run Level: Report
Coin Telegraph - 3 Jul 2020 11:22
An on-chain metric which has been declining since 2017 is now signaling a bullish trend, analysts from Stack Funds say.
Modern Monetary Theory Is Too Good To Be True
Crypto News - 3 Jul 2020 22:00
The Australian government is planning to spend AUD 190 billion (USD 132 billion) to support the economy in response to COVID-19, according to the latest Parliamentary Budget Office estimate. The total impact of COVID-19 ...
Price Analysis 7/3: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, EOS. CRO
Coin Telegraph - 3 Jul 2020 21:12
Bitcoin and many altcoins are struggling to rise above the 20-day EMA, suggesting bears have the advantage in the short-term.
Here's How to Expand Who Contributes to Bitcoin Core
Coin Desk - 3 Jul 2020 21:00
A Bitcoin Core dev and her exchange partner discuss Bitcoin and privacy and how to incentivize more developers to contribute to the protocol.
Kraken's Head of Business: 'Bitcoin Could Go to $1,000,000'
Coin Telegraph - 3 Jul 2020 21:00
Kraken Head of Business Dan Held explains why he believes Bitcoin could reach $1,000,000.
Irish Charity Receives $1.1 Million Grant to Build Blockchain Platform for Aid Distribution
Coin Desk - 3 Jul 2020 20:14
The grant will also allow Oxfam to scale the project across the Pacific region and explore its potential in sub-Saharan Africa and the Caribbean.
Investment Firm Arcane Crypto to Go Public via $33 Million Reverse Merger
Bitcoin.com - 3 Jul 2020 20:09
Arcane Crypto, a Norway-based investment company, said Thursday that it is planning to go public through a reverse takeover by Vertical Ventures, a publicly traded Swedish firm. Vertical Ventures will buy Arcane Crypto f...
Cardano's ADA May Be Listed on Coinbase Before the End of 2020
Coin Telegraph - 3 Jul 2020 19:27
Cardano's ADA may be listed on Coinbase by the end of 2020. This comes on the heels of the announcement that ADA holders will be able to stake their assets locked in the exchange's vault.
Former US Treasury Secretary Larry Summers Expects 'A Ton of Innovation' Around Stablecoins
Coin Desk - 3 Jul 2020 19:11
Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example.
Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation
Bitcoin.com - 3 Jul 2020 18:05
A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation. At press time, Compound sta...
Search For Yield Drives Ether's Put-Call Ratio to One-Year High
Coin Desk - 3 Jul 2020 17:50
Ether's put-call open interest ratio has jumped to 12-month highs. However, this increase is not necessarily a bearish signal.
Russian Courts Can't Agree on Whether Crypto Is Property
Coin Desk - 3 Jul 2020 17:22
A Russian court convicted two men for extortion, but did not force them to return over $900,000 in crypto since they have no legal definition as property. Other courts have taken a different view.
Money Reimagined: Bitcoin and Ethereum Are a DeFi Double Act
Coin Desk - 3 Jul 2020 17:14
With bitcoin increasingly riding on Ethereum's rails, we're about to see greater complementarity between the top two blockchains.
Cardano and Coinbase Enter Custody Partnership
Crypto News - 3 Jul 2020 17:06
Source: Adobe/Skórzewiak Cardano has entered a custody agreement with major crypto exchange Coinbase, stating that near the end of the year, holders will be able to store their ADA in Coinbase's cold storage, as well as...
Only 5 Out of Top 20 Cryptos More Valuable Than A Year Ago
Crypto News - 3 Jul 2020 16:26
As bitcoin (BTC) and other major coins still trading well bellow highs, seen in June of 2019, only five tokens among the top 20 cryptoassets by market capitalization are in the green on a 12-month basis. While the crypto...
Coinbase Custody to Allow Secure Cardano Staking This Year
Coin Desk - 3 Jul 2020 16:06
Cardano users will be able to securely stake their ADA tokens from inside Coinbase's cold storage.
Ripple Likely Sold XRP in an Unregistered Securities Offering
Coin Telegraph - 3 Jul 2020 15:55
The former CFTC chair's analysis stating that Ripple's XRP is not a security might be wrong.
German Regulator Had Just 1 Person Checking Wirecard's $3.1B Books: Report
Coin Desk - 3 Jul 2020 15:33
Germany's finance and accounting agencies seem to have missed their chance to spot a $2.1 billion black hole in Wirecard's accounts.
Ravencoin Exploit Sees Hackers Mint USD 6m Worth of RVN
Crypto News - 3 Jul 2020 15:05
The team behind the ravencoin (RVN) token have revealed that hackers have exploited a vulnerability in the network that allowed them to mint and then trade almost USD 6 million worth of tokens. Per an official blog post,...
Bitcoin's Price Correlation With S&P 500 Hits Record Highs
Coin Desk - 3 Jul 2020 14:29
Bitcoin's correlation with the S&P 500 is somewhat erratic, but the relationship has just got stronger. That may not be bad news.