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Cryptocurrency News

Location American Cryptocurrency News for 20 August 2020
Yearn Finance Token Jumps 270% in 5 Days - Defi Token YFI Worth More Than a Single Bitcoin Decentralized finance (defi) continues to make waves this week, as the Yearn Finance project token (YFI) jumped over 270% during the last five days. The digital token is worth more per coin than the price of bitcoin toda...
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Russia and China De-dollarization Approaching 'Breakthrough Moment' China and Russia are collaborating to reduce their dependence on the U.S. dollar. Trade settlements in USD between the two countries have fallen below 50% for the first time. De-dollarization in Russia and China The doll...
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The Most Pro-Bitcoin Politicians in the US

Coin Desk - 20 Aug 2020 23:00
Whether fighting for reduced taxes for staking or regulatory sandboxes for tokens, these politicians break the mold when it comes to digital assets.
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Bitcoin price is on the upswing as the amount of the world's oldest cryptocurrency locked in DeFi jumps.
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Chainalysis: New Issuance of Tether Slows Down Bitcoin Price Growth Almost an even split between fiat and USDT
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A "3rd party" crypto exchange ordered the swap. Signs point to Binance.
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Shaken by weeks of network-overwhelming hacks, ETC Labs has outlined its security response.
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Pro Traders Unfazed by Bitcoin Price Stalling at $12,400, Data Shows Derivatives data and other key metrics show pro traders remain strongly bullish on Bitcoin despite the recent rejection at $12.4K.
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Colombian Tech Ministry Wants to Boost Crypto Progress + 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. Adoption news The Colombian Ministry of Technology has spoken out in...
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12 Crypto Firms Authorized to Operate License-Free in Hawaii for Two Years The U.S. state of Hawaii has authorized 12 cryptocurrency companies to start operating in the state without needing a money transmission license. No action will be taken against them for conducting unlicensed money trans...
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The Rise of Trading Products: Granting Sophisticated Access to Crypto With crypto trading products appearing ahead of the legacy financial curve, it's only a matter of time before they enter the mainstream.
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$50K Bitcoin Is 'Reasonable' if BTC Hits New Highs, Says Tone Vays Tone Vays says $45,000 to $50,000 is a reasonable bull market target for Bitcoin if it surges past $20,000.
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Rep. Tom Emmer of Minnesota will accept crypto donations for his campaign, facilitated through BitPay.
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The Office of the Court of Justice is developing its blockchain as part of Thailand's court digitization campaign.
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Bitcoin News Roundup for Aug. 20, 2020

Coin Desk - 20 Aug 2020 18:00
With bitcoin taking a back seat to the DeFi boom and data platforms aiming for the moon, CoinDesk's Markets Daily is back for your latest crypto news roundup!
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Has Binance Korea Received an Investment Boost?

Crypto News - 20 Aug 2020 18:00
Has Binance Korea Received an Investment Boost? Source: Adobe/Negro Elkha (edited by Cryptonews.com) International crypto exchanges in South Korea are attempting to close the gap on their domestic rivals, with Binance Korea reporting a threefold growth in net capital ...
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Two Suspects Arrested in USD 1.5m Crypto Mining Electricity Theft Source: Adobe/Артем Константинов Officials from the Oblast Directorate of the Ministry of Interior Affairs (ODMVR) and CEZ Electro Bulgaria have reportedly made two arrests in what is described as the "l...
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Roger Ver To Disenchanted BCH Faction: Switch To DASH Roger Ver. Source: a video screenshot, Youtube, Bitcoin com Tech entrepreneur Roger Ver, whose activism in the cryptoverse has earned him the nickname Bitcoin Jesus, has stirred controversy by calling on the disillusione...
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Journeys in Blockchain: Ray Youssef of Paxful

Coin Telegraph - 20 Aug 2020 15:57
Journeys in Blockchain: Ray Youssef of Paxful "How advanced would the United States be if you couldn't send money from New York to Florida? From New York to California? From Oregon to Washington? It wouldn't be the United States! It would be a mess of all these squa...
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Dollar-linked "stablecoins" are being used in exotic cryptocurrency trades, similar to the way money markets serve as liquidity on Wall Street.
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MadNetwork, an adtech transparency project with a Layer 2 solution built on Ethereum, emerges from stealth today with a testnet coming next month.
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YAM Will Never 'Become Money', YFI Exceeds Bitcoin Price Despite branding itself as money, the much-discussed and recently troubled decentralized finance (DeFi) token YAM will never achieve this, and real utility for the token must be found to keep the bubble from popping, pop...
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