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Cryptocurrency News

Location American Cryptocurrency News for 30 July 2020
China Didn't Ban Bitcoin Entirely, Says Beijing Arbitration Commission Bitcoin-related activities are not prohibited by the Chinese government as the cryptocurrency acts as a virtual commodity.
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CoinDesk has learned the Bank of England's new settlement system is being built so it can be forwards compatible with a digital currency.
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Bitcoin Held by Exchanges Drops to 2019 Bull-Run Levels, Demand Rising Bitcoin balances on major exchanges drop to levels not seen since last summer's bull run as demand and BTC price are on the rise.
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This Coin's Supply Goes Up as Its Price Rises

Coin Telegraph - 30 Jul 2020 23:01
This Coin's Supply Goes Up as Its Price Rises This crypto exhibits no correlation with Bitcoin; it was designed to behave differently from every other currency -- crypto or fiat, with a money supply that expands or contracts depending on demand.
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Aave (LEND) Staking Proposal Could Extend DeFi Token's 600% Rally Aave's LEND token continues to rally after DeFi protocol introduced staking rewards in its Aavenomics proposal.
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Bitcoin is holding onto price gains this week as the number of ether derivatives increases.
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Social Media Companies Are 'Too Big to Fail'

Coin Desk - 30 Jul 2020 21:54
Social media firms are quickly becoming as important to the economy, finance and real life as Wall Street titans. TBTF companies demand special attention.
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Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish Optimism The number of bitcoin held on exchanges has touched a 12-month low, as bitcoin exchange balances have reached levels not seen since June 2019. According to onchain statistics, there’s more than 2.6 million BTC held on ...
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A veteran bond strategist gives his take on why the bond market has a better read than equities on short-term and long-term macro trends.
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Coincheck Revenues Down, Operator Launches Crypto Lending in US Coincheck, one of Japan's leading crypto exchanges, has reported that its revenues are down by over a third on last year's figures - although its operator has launched crypto lending services in the United States. Per a ...
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Aave's LEND token is the day's top performer among cryptocurrencies with at least $100 million market capitalization.
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5 Years In, Ethereum Network Growth Echoes Nvidia's Pre-2016 Bull Run The Ethereum network appears to be following the likes of Nvidia and other tech sector giants whose use case and growth strategy model evolved over time.
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Audius, a streaming service built on Ethereum, has raised $3.1 million from Multicoin Capital, Blockchange Ventures, Pantera Capital and Coinbase Ventures.
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Cardano is now running as a proof-of-stake network, the Marines banned crypto mining and crypto reacts to the congressional inquiry into Big Tech's market dominance.
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Ukraine's security service detained two suspected terrorists who threatened to blow up buildings if they didn't receive bitcoin.
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The new CoinList Pro exchange aims to help institutional traders participate in the platform's dozen or so token sales in 2020.
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Bitcoin News Roundup for July 30, 2020

Coin Desk - 30 Jul 2020 18:00
With the price of bitcoin hovering near recent highs and some wondering whether we're poised for a pullback, CoinDesk's Markets Daily is back for your latest news roundup.
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Australian Watchdog Issues Warning on Fake Celebrity-Endorsed Crypto Ads The ASIC has received numerous reports on fake crypto trading robots and other schemes used to scam Australians.
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Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold U.S. investment bank Oppenheimer’s analyst says gold is “extended” and has “run up a bit,” bringing attention to bitcoin instead. He sees the cryptocurrency reversing its downtrend from the $20K peak, benefitin...
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Zcash Company Confirms 'Crypto in Context' Program as Global Effort Zcash's creator, the Electric Coin Company, confirmed that their recent educational program is a global effort with more events in the months ahead.
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Dharma, the Coinbase-backed decentralize finance startup, is adding token-exchange protocol Uniswap as its latest in-app offering.
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DAI Rewards, Bitcoin Futures Record, Blockchain Park + More News 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 Coinbase has launched a rewards program for customers...
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