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Cryptocurrency News

Location American Cryptocurrency News for 18 July 2020
Crypto Twitter Hack Recap: A 'Wake Up Call' for Centralized Platforms The recent high-profile hack of Twitter accounts where 12 BTC was stolen is being investigated, and some exchanges may already know who did it.
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Report Cuts China's Bitcoin Mining Capacity to 50% of World Total, Raises US' to 14% A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%. The data is in sharp contrast with earlier findings from the University of Camb...
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Getting Out of Cash Is Key to Wealth and Inflation Protection, Pompliano Says Describing the current economic state, including pending inflation, Anthony Pompliano noted exiting cash into other assets as the key to wealth.
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In COVID-19's Wake, the New Normal Creates Crypto Opportunities In a global economic recession, individuals and institutions have been turning away from traditional assets and seeking opportunities in cryptocurrency.
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Twitter Promises Additional Security Measures

Coin Telegraph - 18 Jul 2020 21:00
Twitter Promises Additional Security Measures Twitter will add more security training to prevent a repeat of the hack that hit 130 accounts including celebrities.
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Twitter Wouldn't Be Hacked If It Were Backed by Blockchain Technology The recent Twitter hack shows us that centralized infrastructure is still vulnerable, but DIDs, SSI and blockchains can change the paradigm.
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Venezuela Bans Bitcoin Mining Operations in the Country's Public Housing Sector According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel told the public the restrictions are d...
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Bitcoin Price Charts Suggest $9K Deadlock May Finally End Next Week The price of Bitcoin is holding a key support level above $9,000 and gearing up for a big move that is likely to occur next week.
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From PayPal crypto confirmed to action in central bank digital currencies, these were six themes shaping the week.
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Novel Charts Dark Side of ICO Mania

Coin Desk - 18 Jul 2020 14:30
Haydn Wilks' latest novel examines the cryptomania of the 2017 ICO boom.
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Elon Musk Sees 'Dogecoin Standard' Future -- DOGE Price Rises 14% Tesla CEO Elon Musk trolled the crypto community once again with a tweet about Dogecoin as DOGE price reacts upward.
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Expect More M&As As New Type of Buyers to Compete With 'Crypto Octopuses' Mergers and acquisitions (M&A) in the crypto industry are likely to increase in the second half of 2020, despite the ongoing COVID-19 pandemic. This is the opinion of industry players working in crypto and blockchain, wh...
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Twitter Hack, Unmovable Bitcoin and 20 Crypto Jokes

Crypto News - 18 Jul 2020 12:00
Twitter Hack, Unmovable Bitcoin and 20 Crypto Jokes There is never a dull week in the cryptoverse and this week was no exception (except BTC price). Bitcoin miners now have to sweat more as mining difficulty reached a new all-time high, while Twitter had serious security ...
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Bitcoin Mining Firm Northern Data Slams 'Trolls' After Stock Drops 40% Northern Data's head of finance calls whistleblowers "anonymous trolls" and says that the company is completely transparent.
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BTC Options Traders Are Not Betting on a Short-Term Bitcoin Price Drop Crypto analysts have recently suggested that Bitcoin options traders are flipping short-term bearish but data shows this is not the case.
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Cryptocurrency Exchange OKEx Lists Polkadot's DOT Token

Coin Telegraph - 18 Jul 2020 00:18
Cryptocurrency Exchange OKEx Lists Polkadot's DOT Token The exchange also plans to launch additional trading pairs in the near future.
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Venezuela Tells Citizens in Gov't Houses to Stop Mining Crypto The Venezuelan government is set to ban crypto mining in government-provided housing, per an official announcement. The announcement was made in a video tweeted by state-owned television station VTV Canal 8. In the video...
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Staking: When your Money... Makes Big Money

Crypto News - 18 Jul 2020 00:00
Staking: When your Money... Makes Big Money The text below is an advertorial article that was not written by Cryptonews.com journalists. Feel Mining's staking offer has just come out and it's worth a look. Five projects have been selected for Feel Mining users, na...
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