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Cryptocurrency News

Location American Cryptocurrency News for 1 August 2020
Uniswap reported 41% of July's decentralized exchange volume.
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US Regulator Zeroes in on Binance Chain as SEC Awards Monitoring Contract to Ciphertrace The U.S. Securities and Exchange Commission (SEC) intends to award a fixed-price contract on a single source basis to Ciphertrace. The SEC is awarding the contract to the blockchain monitoring company as it plans focus o...
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Major Chinese Banks Bar Customers From Buying Gold, Precious Metals Major Chinese banks have taken measures to prevent customers from buying gold, platinum, palladium, and other precious metal-related products through them. The Shanghai Gold Exchange also says it may take necessary measu...
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Single Miner Reorgs Ethereum Classic - Devs Report a Chain Split Members of the Ethereum Classic team reported that the network suffered a reorganization (reorg) today. The blockchain network is asking service providers to halt deposits while it carries out maintenance of the chain. T...
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Decentralized Exchanges Are Building a Life Raft but Need a Bridge Despite the significant growth of decentralized crypto exchanges, their centralized counterparts still control the majority of industry trade volume.
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Developers advise exchanges to pause ETC deposits and withdrawals.
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Bitcoin 'Fills' $11.6K Futures Gap, But Is $10K More Likely Than $15K? Bitcoin has seen a surprise Saturday surge to a 12-month high as $15,000 becomes a real possibility in the near term.
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Bitcoin Futures Traders Bet on Bullish Price Action, but Not Too Fast Bitcoin futures open interest is currently at an all-time high as traders expect more upside for BTC's spot price.
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Bitcoin Miners Saw 7% Revenue Increase in July

Coin Desk - 1 Aug 2020 16:27
Bitcoin miners earned $300 in revenue during July.
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Why This Sex Industry Executive Loves Bitcoin

Coin Desk - 1 Aug 2020 16:00
"We accept 20 different cryptocurrencies for token purchases. The most popular ones are bitcoin, ethereum and litecoin," Lara said.
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Bitcoin Now 'Perfectly on Track' to $100K, Says Stock to Flow Creator The price of Bitcoin surpassed $11,700, and the creator of the Stock to Flow model says BTC to $100,000 is well on track.
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Ethereum Classic Blockchain Splits Due to Reorg by a Single Miner Ethereum classic was attacked? ETC network briefly goes down for maintenance, diagnosis report explains what happened.
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Five Years In, DeFi Now Defines Ethereum

Coin Desk - 1 Aug 2020 15:00
Ethereum has always struggled with explaining itself to the world. With DeFi, it's found not only a new avenue of development but of self-definition.
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Blockstack CEO Says Bitcoin Is a Better DeFi Solution Than Most Think Bitcoin a secure cryptocurrency, whereas Ethereum has been a "frontrunner" when it comes to smart contracts.
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Ethereum Won't Give Its USD 4bn DeFi Throne to EOS, Tron Anytime Soon Most of the total value locked (TVL) into DeFi (decentralized finance) is locked into Ethereum (ETH)-based platforms, and in the short term, it seems like things are going to stay this way. As for the longer term, indust...
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Title Token for Blockchain Estate Registry, Part 2

Coin Telegraph - 1 Aug 2020 12:00
Title Token for Blockchain Estate Registry, Part 2 Focusing on title tokens, a theory of smart laws, digital authorities and how to protect the system from digital dictatorship.
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10Ks, 11Ks, Launching, Soaring and 20 Crypto Jokes This week, the Cryptoverse saw BTC finally going over USD 10,000, and hitting USD 11,000 along the way, while BTC mining difficulty dropped. Also, XRP soared, LEND jumped, Solana rallied as FTX used its blockchain a basi...
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Bitcoin Hits $11.6K for First Time in a Year as Traders Expect $15K The price of Bitcoin has surpassed $11,600 for the first time in 12 months as traders say that there is a lot of open range between $11,600 and $15,000.
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Coinbase Reviewing 19 Crypto Assets for Listing, Including Wrapped Bitcoin and Paxos Gold Crypto exchange Coinbase said Friday that it is reviewing 19 cryptocurrencies for possible listing. These new assets are: Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgr...
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Federal Agents Arrest Suspected 17-Year-Old Twitter Hack 'Mastermind' in Florida On Friday a 17-year-old Tampa teenager was arrested in Florida for allegedly being the “mastermind” behind the July 15 Twitter hack that saw a great number of high profile accounts compromised. The hack also netted r...
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Bitcoin closed July at $11,351, according to Messari.
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Bitcoin Price Soars to $11,400 as Traders Say a 'Bull Phase' Is Igniting Bitcoin price continues to test the $11,400 level, leading top crypto analysts to believe a rally to $12,000 could occur soon.
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