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Bitcoin News Roundup for May 11, 2020
11.5.2020
Bitcoin's third halving, Consensus:Distributed and a pullback after the bulls make another run at $10,000. It's Markets Daily from CoinDesk
Canadian Exchange VirgoCX Taps Ledger Vault for Custody, Insurance Support
11.5.2020
Canada-based crypto exchange VirgoCX has turned to enterprise infrastructure technology platform Ledger Vault to provide custody solutions for retail and institutional clients
Bitcoin Crosses $9K as Paul Tudor Jones Confirms 1% BTC Portfolio
11.5.2020
Bitcoin price action turns volatile once more as daily gains circle 4% despite bad news from traditional markets, which are tipped to open lower
Exchanges Bolster Their Bitcoin Insurance Funds After ‘Halving Dump’
11.5.2020
After Bitcoin price plummeted on May 10, several exchanges scrambled to inject liquidity into their BTC insurance funds
Bitcoin’s 8% Drop Triggers Largest Liquidation on BitMEX in 2 Months
11.5.2020
BitMEX liquidated over $250 million-worth of bitcoin long-short positions after spot prices fell sharply Sunday
First Mover: As Bitcoin’s Halving Finally Arrives, a Price Retreat Deflates the Hype
11.5.2020
The halving buzz may already be dying down as bitcoin's price pulls back just before the event
Bitcoin Price Charts Hint at Sub-$8K After Halving Hype Fades
11.5.2020
Bitcoin is not out of the woods after a wild weekend selloff and risks more downside as the much-anticipated BTC halving event is about to pass
Record Bitcoin Futures Gap: 4 Things to Know for BTC Price This Week
11.5.2020
What’s in a $1,200 drop? Bitcoin is serving up considerable volatility, but all factors point to business as usual as the third halving hits
Crypto Long & Short: Bitcoin Markets Are Growing Up. Bitcoin Mining Is, Too
11.5.2020
There is a notable shift in the style and profile of bitcoin miners, towards more sophisticated structures and financial engineering
Bitcoin Price Bounces at Key Trendline Support 1 Day Before BTC Halving
11.5.2020
Bitcoin bulls are attempting to reclaim $9,000 but resistance at $8,800 is holding back the recovery
Bitcoin Miners Sell BTC Months After Halving, On-Chain Data Suggests
10.5.2020
The Bitcoin halving is just one day away, and historical data suggests a post halving selloff isn’t guaranteed
Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, XTZ, ADA, NEO
10.5.2020
Strong buying near the $8,100 level suggests that Bitcoin is likely to retest higher levels in the next few days
Traders Say Binance Cut Their Bitcoin Shorts: Here's Why It Happened
10.5.2020
Traders claim that their Bitcoin shorts were unfairly cut on Binance Futures, but the process is called auto-deleveraging, and here is why it happens
3 Reasons for the Bitcoin Price ‘Halving Dump’ From $10K to $8.1K
10.5.2020
The bitcoin price dropped from $10,000 to $8,100, liquidating $200 million worth of shorts. Here are three factors that triggered the fall
15% Correction Drops Bitcoin Price to $8,100 Days Before BTC Halving
10.5.2020
Bitcoin price drops by 15.30% just 2 days before the block reward halving
Bitcoin Mining Markets Heat Up: Ebang’s $41M Deficit, Bitmain’s Alleged 2020 Revenue
10.5.2020
The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) status....
Bitcoin Halving Means Miners Will No Longer Be Biggest Sellers of BTC
9.5.2020
Bitcoin halving will reduce the BTC inflation rate below 2% and miners will no longer be the biggest sellers
Devon Brewer: Rediscovering the Golden Rule
9.5.2020
The Golden Rule may be the most basic moral approach to dealing with others. It seems universal across cultures and religions. The Golden Rule is instinctive. We all know it, even as children without education. I like the negative form of the Golden Rule the best. One of the earliest written...
Here’s Why Altcoins Bouncing as Bitcoin Retraced From $10K Is Bullish
9.5.2020
Tezos, Chainlink and Ethereum are just some of the altcoins playing catch up while Bitcoin price takes a breather from $10,000
Bitcoin Rally Stalls at $10K But Dip-Buyers Should Watch These Levels
9.5.2020
Bitcoin has been unable to stay above the psychological barrier of $10,000 with just three days remaining before miner block rewards are cut in half