Cryptocurrency News
Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High
Bitcoin.com - 6 Aug 2020 02:30
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...
Japanese Power Firm, Crypto Exchange Claim Digital Token Pilot Success
Crypto News - 6 Aug 2020 04:00
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...
Square's Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711%
Bitcoin.com - 6 Aug 2020 16:15
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 ...
Fed's 'Lower Rates - Increase Inflation' Plan Might Help Bitcoin Too
Crypto News - 6 Aug 2020 17:19
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...
Grayscale Ethereum Trust Files To Become An SEC Reporting Company
Coin Telegraph - 6 Aug 2020 16:06
Grayscale Ethereum Trust files to become an SEC reporting company amidst the Ethereum bull run.
Negative USD Yield Risk Adds Bitcoin On Software Giant's Radar
Crypto News - 6 Aug 2020 11:00
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...
Nigerian Crypto Activity Has Been On the Rise Since April
Coin Telegraph - 6 Aug 2020 23:45
Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months.
Record $830M CME Bitcoin Futures Open Interest Highlights Bullish Trend
Coin Telegraph - 6 Aug 2020 23:42
Top traders' net exposure and institutional investors' growing open interest in Bitcoin futures contracts show the market remains tilted toward bulls.
North American Investors Vastly Favor Bitcoin Over Other Cryptocurrencies
Coin Telegraph - 6 Aug 2020 23:09
North America-based institutional investors tend to buy and hold cryptocurrency more than those based in East Asia, according to Chainalysis.
Market Wrap: Bitcoin Breaks $11,800; Ether Options Market Explodes
Coin Desk - 6 Aug 2020 22:44
Bitcoin's price is clawing its way back after weekend losses while the ether options market suggests a bumpy road ahead.
Pantera's Founder Foresees $100K+ Bitcoin On the Horizon
Coin Telegraph - 6 Aug 2020 22:34
Dan Morehead is more conservative in his Bitcoin price predictions than his firm Pantera Capital, though both agree that it will hit $100,000.
Testimony From Craig Wright's Ex-Wife Throws a Twist in the Billion Dollar Bitcoin Lawsuit
Bitcoin.com - 6 Aug 2020 22:00
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...
Sundays Are the Perfect Time to Buy the Bitcoin Dip, Data Shows
Coin Telegraph - 6 Aug 2020 21:11
New data shows Sunday evening is the best time to buy Bitcoin at a 'discount'.
Will Bitcoin Hit $12K? Join Crypto Markets Live With Big Cheds & Big Chonis!
Coin Telegraph - 6 Aug 2020 20:39
Traders Big Cheds & Big Chonis offer expert TA on the next move for Bitcoin and altcoins.
Polkadot Releases Rococo, Its Test Environment for Interoperable 'Parachains'
Coin Desk - 6 Aug 2020 20:30
Polkadot has released its first testnet, Rococo, for its parachain network. The testnet will commence with three parachains, Parity Technologies said.
Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready
Coin Desk - 6 Aug 2020 20:03
COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away.
Bluehelix Global Expansion - Strategically Cooperates with Japanese Licensed Exchange Xtheta
Bitcoin.com - 6 Aug 2020 20:00
“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 ...
Ethereum Trading Volume Almost Doubles As Interest Grows Even More
Crypto News - 6 Aug 2020 20:00
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 ...
$5.6 Million Double Spent: ETC Team Finally Acknowledges the 51% Attack on Network
Bitcoin.com - 6 Aug 2020 19:00
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 ...
Funding Rate of Digital Assets: How to Avoid Being Misled
Coin Telegraph - 6 Aug 2020 18:25
The funding rate is an essential mechanism to allow derivative instruments to track the spot price of their underlying asset.
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.
Blockchain Bites: Bulls Reborn, Backrunning Bots, Bitmain Blowout
Coin Desk - 6 Aug 2020 18:18
Ethereum Classic was hit with another 51% attack and Instagram is seeing a proliferation of crypto scams.