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Cryptocurrency News

Location American Cryptocurrency News for 6 August 2020
Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High Weekly peer-to-peer bitcoin trading volumes topped $95 million globally with several countries recording new all-time highs for the year. The record trading volumes coincided with the most bullish week for cryptocurrenci...
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Japanese Power Firm, Crypto Exchange Claim Digital Token Pilot Success Source: Adobe/Игорь "о овн'в Japan's Kansai Electric Power and crypto exchange DeCurret said that a recent "digital token"-powered, blockchain-based payment pilot was a success - and could be used for settlemen...
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Square's Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711% Square Inc. has reported a significant bitcoin revenue increase in the second quarter. Its Cash App generated $875 million in revenue, a 600% increase from the previous year. In addition, Square’s bitcoin gross profit ...
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Fed's 'Lower Rates - Increase Inflation' Plan Might Help Bitcoin Too The US Federal Reserve, the country's central banking system, might announce its policy review soon, a major aspect of which would be keeping interest rates low for years to come while trying to increase inflation and em...
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Grayscale Ethereum Trust Files To Become An SEC Reporting Company Grayscale Ethereum Trust files to become an SEC reporting company amidst the Ethereum bull run.
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Negative USD Yield Risk Adds Bitcoin On Software Giant's Radar Following announcements from major mainstream investors such as Paul Tudor Jones that they are adding bitcoin (BTC) to their portfolios as an inflation hedge, a US-based major software company said that it may invest par...
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Nigerian Crypto Activity Has Been On the Rise Since April Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months.
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Record $830M CME Bitcoin Futures Open Interest Highlights Bullish Trend Top traders' net exposure and institutional investors' growing open interest in Bitcoin futures contracts show the market remains tilted toward bulls.
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North American Investors Vastly Favor Bitcoin Over Other Cryptocurrencies North America-based institutional investors tend to buy and hold cryptocurrency more than those based in East Asia, according to Chainalysis.
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Bitcoin's price is clawing its way back after weekend losses while the ether options market suggests a bumpy road ahead.
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Pantera's Founder Foresees $100K+ Bitcoin On the Horizon Dan Morehead is more conservative in his Bitcoin price predictions than his firm Pantera Capital, though both agree that it will hit $100,000.
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Testimony From Craig Wright's Ex-Wife Throws a Twist in the Billion Dollar Bitcoin Lawsuit On June 30, a jury trial was scheduled for the notorious Kleiman v. Wright lawsuit on October 13. Now a recent filing from the plaintiffs notes that when Craig Wright’s ex-wife Lynn Wright recently testified, she revea...
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Sundays Are the Perfect Time to Buy the Bitcoin Dip, Data Shows New data shows Sunday evening is the best time to buy Bitcoin at a 'discount'.
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Will Bitcoin Hit $12K? Join Crypto Markets Live With Big Cheds & Big Chonis! Traders Big Cheds & Big Chonis offer expert TA on the next move for Bitcoin and altcoins.
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Polkadot has released its first testnet, Rococo, for its parachain network. The testnet will commence with three parachains, Parity Technologies said.
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COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away.
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Bluehelix Global Expansion - Strategically Cooperates with Japanese Licensed Exchange Xtheta “Japanese licensed exchange Xtheta officially announced that it has a strategic partnership with Bluehelix, the leading blockchain financial infrastructure technology service provider, which to provide Xtheta with the ...
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Ethereum Trading Volume Almost Doubles As Interest Grows Even More Following a sharp rise in both the price and trading volumes of ethereum (ETH), data from Twitter and Google shows that user interest in this major network has increased even more. Over the past month, trading volume in ...
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$5.6 Million Double Spent: ETC Team Finally Acknowledges the 51% Attack on Network The Ethereum Classic (ETC) blockchain network lost $5.6 million to one miner following a 51% attack initially thought to be a chain split. During the attack, the offending miner managed to double-spend 807,260 ETC ($5.6 ...
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Funding Rate of Digital Assets: How to Avoid Being Misled The funding rate is an essential mechanism to allow derivative instruments to track the spot price of their underlying asset.
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German Regulator Seizes Crypto ATMs

Coin Desk - 6 Aug 2020 18:23
Germany's financial regulator BaFin is seizing bitcoin ATMs run by "Shitcoins Club" months after ordering its operator to cease trading crypto.
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Ethereum Classic was hit with another 51% attack and Instagram is seeing a proliferation of crypto scams.
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