Cryptocurrency News
83 Tons of Fake Gold Bars Backing $3 Billion Loans in China: This Man Claims to Know the Truth
Bitcoin.com - 5 Nov 2020 04:30
The gold industry was shaken when it was discovered that 83 tons of fake gold bars were used to back loans worth 20 billion yuan in China. While Chinese authorities have not said whether the real gold exists or where it ...
Russian Crypto Traders May Be Forced to Declare Earnings to the Taxman
Crypto News - 5 Nov 2020 15:46
Russia's parliament, the State Duma, will debate a new draft law that would force Russians to declare "electronic" asset earnings and holdings on overseas-based platforms - in a move that could potentially impact crypto ...
Bitcoin Rallies, Altcoins Struggle To Follow
Crypto News - 5 Nov 2020 15:32
In the past three sessions, there was a strong bullish momentum in bitcoin price above the USD 14,000 resistance. BTC surged over 8% and it even broke the USD 14,500 and USD 14,800 resistance levels. The price traded clo...
Market Wrap: Bitcoin Surpasses $15.3K; Ether Up 210% in 2020
Coin Desk - 5 Nov 2020 23:24
The price of bitcoin popped to new 2020 highs while ether has performed more than two times better than BTC so far this year.
Square Reports $1B in Quarterly Bitcoin Revenue for First Time: Q3 Earnings
Coin Desk - 5 Nov 2020 23:21
"Cash App generated $1.63 billion of bitcoin revenue and $32 million of bitcoin gross profit during the third quarter of 2020."
US Seizes Previously Undetected Silk Road Bitcoins Worth Over $1 Billion
Bitcoin.com - 5 Nov 2020 23:15
The U.S. government has seized over $1 billion in bitcoin from previously undetected transactions associated with the Silk Road marketplace and is now seeking the forfeiture of the cryptocurrency. US Confiscates $1 Billi...
Buggy Code in This Compound Finance Fork Just Froze $1M in Ethereum Tokens
Coin Desk - 5 Nov 2020 22:59
Some $1 million in Ethereum tokens is locked in a new DeFi app after its developers made changes to the protocol's contracts.
Visa's Planned $5.3B Purchase of Fintech Firm Plaid Challenged by US DOJ
Coin Desk - 5 Nov 2020 22:42
The Justice Department alleges Visa's acquisition of Plaid would eliminate competition in the online debit market, leading to higher prices.
Not bad for 2020: Up 42% in Q4, Bitcoin price outperforms top bank stocks
Coin Telegraph - 5 Nov 2020 22:35
2020 has been a rough year for markets but Bitcoin has outperformed JPMorgan, Goldman Sachs, and the majority of top U.S. financial sector stocks.
Bitcoin Hits $15,000: Here Comes the FOMO
Coin Desk - 5 Nov 2020 22:00
Twitter interprets today's massive price action, as bitcoin smashes through $15,000, its highest price since 2017's record-breaking run.
Automated Market Makers (AMMs) Comparison 2020
Crypto News - 5 Nov 2020 22:00
Automated market makers (AMMs) have played a significant role in catapulting decentralized finance (DeFi) to the forefront of the crypto markets. In our DeFi Unlocked series, we delve into the space to understand the key...
What October's Metrics Tell Us About BTC, ETH and Volatility
Coin Desk - 5 Nov 2020 21:37
CoinDesk Research's Monthly Review for October focuses on Bitcoin and Ethereum plus some of the stories their on-chain metrics are telling us.
CME Bitcoin futures spike during US presidential election
Coin Telegraph - 5 Nov 2020 21:27
As ballots poured in on the night of the United States presidential election, traders piled in and out of positions on the CME.
Blockchain Bites: Bitcoin at $15K, $1B Silk Road Bust
Coin Desk - 5 Nov 2020 19:55
Bitcoin's price keeps climbing amid election uncertainty. A Russia power provider looks to crypto mining. Coinbase eyes Japan.
Bitcoin price rally to $15.3K obliterates bears $180M BTC options bet
Coin Telegraph - 5 Nov 2020 19:50
This Friday's unusual weekly $470 million Bitcoin options expiry seems bearish at first glance, but those bets have gone terribly wrong.
$200 Million Brazilian Crypto Fraud Scam: The US Seizes $24 Million Worth of Digital Currencies
Bitcoin.com - 5 Nov 2020 19:30
The United States Department of Justice (DOJ) says it has seized cryptocurrencies worth $24 million after receiving an official request from the government of Brazil. The seizure stems from an ongoing investigation into ...
Coinbase in Japan, Binance In Africa, Bybit On Football Field + More News
Crypto News - 5 Nov 2020 18:53
A Borussia Dortmund player. Source: a screenshot, Instagram/bvb09 Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. Ex...
US Seized More Than $1B in Silk Road-Linked Bitcoins, Seeks Forfeiture
Coin Desk - 5 Nov 2020 18:46
The seizure on Tuesday, tied to the Silk Road marketplace, is reported to be the largest the U.S. has ever done.
Bitcoin price hits $15K as daily gains top 9% and Trump Vs. Biden goes on
Coin Telegraph - 5 Nov 2020 18:06
Bitcoin price hits $15,300 and keeps climbing as a trading frenzy reminiscent of 2017 begins to unfold.
Bitcoin Is Back Above USD 15,000 For The First Time Since January 2018
Crypto News - 5 Nov 2020 18:06
It took around a day for the most popular cryptocurrency, bitcoin (BTC), to jump from USD 14,000 to above USD 15,000 for the first time since January 2018. At pixel time (16:03 UTC), BTC trades at USD 15,042 and is up by...
Bitcoin hits all-time high against Russian ruble
Coin Telegraph - 5 Nov 2020 18:03
Bitcoin has never been worth so many rubles.
Bitcoin Breaks $15K as Investor Numbers Peak
Coin Desk - 5 Nov 2020 17:53
Bitcoin's rally is still going as investors continue to accumulate the cryptocurrency, ignoring overbought signals on technical indicators.