Cryptocurrency News
Crypto Derivatives Volumes Crash 36% to $393 Billion in June, a Low for 2020
Bitcoin.com - 7 Jul 2020 05:22
Crypto derivatives trading volumes plunged 36% to $393 billion in June, the lowest they have reached in 2020, according to a new report by Cryptocompare. The decline may be the result of a lull in investor interest in th...
Crypto Tracer Chainalysis Raises $13M as It 'Doubles Down' on Government Ties
Coin Desk - 7 Jul 2020 17:30
Chainalysis is also adding former Treasury Department official Sigal Mandelker on as an advisor.
China Adds New Blockchain Post to List of 'Officially Recognized Jobs'
Crypto News - 7 Jul 2020 05:00
Chinese authorities have placed another blockchain-related post on the nation's official list of jobs. Per the People's Daily, the official newspaper of the Chinese Communist Party, the Ministry of Human Resources and So...
Future Bleak for Private Stablecoins, SFB Economist Says
Coin Telegraph - 7 Jul 2020 23:30
SFB Technologies' chief economist sees a future for central bank digital currencies, or CBDCs, but not for privately issued stablecoins.
DeFi Driving Chainlink's Link Token to Record Highs
Coin Desk - 7 Jul 2020 22:57
The ever-increasing use of Chainlink's price oracles in decentralized finance is driving the cryptocurrency higher, according to analysts.
Market Wrap: With Low Volatility, Traders Seem to Like $9,000 Bitcoin
Coin Desk - 7 Jul 2020 22:39
Bitcoin traders love hitting buy on their terminals when the price is around $9,000.
The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network
Bitcoin.com - 7 Jul 2020 22:30
The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there’s only 1,010 SLP-based USDT in circulation, as the firm Teth...
Bitcoin Options Data Shows Investors Betting on $50K BTC Price in 2021
Coin Telegraph - 7 Jul 2020 22:26
Traders are placing large bets on $50,000 Bitcoin options for June and December 2021, but what are the chances of BTC price reaching this level by then?
Nearly $60M in Bitcoin Moved to Ethereum in June
Coin Desk - 7 Jul 2020 22:19
Nearly $60 million worth of bitcoins moved to Ethereum during June, 75% of which came through Wrapped Bitcoin.
Escalating Bank Runs Spur Chinese Government to Require Approval for Large Cash Transactions
Bitcoin.com - 7 Jul 2020 20:25
A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. Recently, two bank runs happe...
Stocks Are Soaring, Time to Short Bitcoin?
Crypto News - 7 Jul 2020 20:00
Jay Hao. Jay Hao is the CEO of crypto exchange OKEx. __________ When I woke up this morning, I received many messages from my friends, who told me, "Stocks have skyrocketed. Can we short bitcoin (BTC)?" Then I opened my ...
Delta Exchange Predicts $40 Price for COMP Ahead of Governance Token Deluge
Coin Desk - 7 Jul 2020 19:47
One startup has done the math and thinks the true value for Compound's COMP token right now should be more like $40.
Crypto 'OG' Thinks Altcoins Will Outperform BTC in the Near Future
Coin Telegraph - 7 Jul 2020 19:00
The founder of the first crypto venture capital firm believes that altcoins will eventually provide better returns than Bitcoin.
Lightspeed Venture Invests $2.8M in Crypto Market Maker Wintermute
Coin Desk - 7 Jul 2020 18:52
Funding will go towards expanding its liquidity products across the crypto derivatives market.
Bitcoin Double-Spends an Inevitable Network Feature, Legitimate or Not
Coin Telegraph - 7 Jul 2020 18:46
Reports of double-spending keep plaguing crypto firms and investors alike. Will this issue ever be resolved, or is it here to stay?
Blockchain Bites: Crypto's Bailout Millions, Brazil's Binance Ban, Lightning's Bug
Coin Desk - 7 Jul 2020 18:19
Crypto firms received at least $30 million in government-backed loans, Brazil bans Binance's derivatives trading and Mercedes Benz' parent tests blockchain.
Tiktok Ban: US May Join India in Banning Chinese Social Media Apps
Bitcoin.com - 7 Jul 2020 18:01
The Trump administration is looking at banning Tiktok and other Chinese social media apps, according to Secretary of State Mike Pompeo. The US has been concerned about Tiktok being used by the Chinese government to mine ...
Bitcoin News Roundup for July 7, 2020
Coin Desk - 7 Jul 2020 18:00
With BTC beating precious metals, Ethereum rising and a new report out on a lightning network vulnerability, CoinDesk's Markets Daily is back for your Bitcoin news roundup!
8 Ethereum Miners Wield 'Overwhelming Influence' Over the Network
Crypto News - 7 Jul 2020 17:50
The Ethereum (ETH) network is dominated by just over 50 powerful mining pools - with an inner cabal of eight maintaining the lion's share of the blockchain, according to the findings of a new report. The ConsenSys-produc...
FATF Plans to Strengthen Global Supervisory Framework for Crypto Exchanges
Coin Desk - 7 Jul 2020 17:39
The international financial watchdog will meet in October to discuss creating a stronger global framework for the regulation of cryptocurrencies.
Binance Expands Reach With New Gateway for 15 Fiat Currencies
Coin Desk - 7 Jul 2020 17:33
Binance users can keep their fiat funds with new partner Etana while buying and selling crypto assets on the exchange.
Bad & Good News For Binance, Unstoppable Chat + More News
Crypto News - 7 Jul 2020 17:23
Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. Exchanges news Binance has been told to cease offering crypto deriva...