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Poker Site Buys $100 Million of Bitcoin Every Month to Pay Players in BTC


A major online poker website has been buying millions of dollars of bitcoin every day to meet demand from players wanting to cash out in bitcoin. This amounts to $100 million in bitcoin a month as about 95% of players now demand payouts in the cryptocurrency. Poker Site Buys $100 Million of Bitcoin...

Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets


Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s...

Bitcoin.com Announces Cooperation Agreement With Japanese Media CoinOtaku


PRESS RELEASE. Bitcoin.com, the go-to web portal for everything bitcoin, announced it reached a cooperation agreement with Japanese media CoinOtaku. A subsidiary of Beat Holdings Limited, CoinOtaku (CoinPartner) has over 900,000 views per month in its cryptocurrency portal and thousands...

Upptime


GitHub Actions are like free computers. Well, there is pricing, but even free plans get 2,000 minutes a month. You write configuration files for what you want these computers to do. Those configuration files go into a repo, so typically they do things specific to that repo. I’m sure that...

4th Major DeFi Hack In A Month: Origin Dollar Loses USD 7m


"A superior stablecoin for the Ethereum network," Origin Dollar (OUSD), has been hacked, becoming at least the fourth decentralized finance (DeFi) project, attacked less than in a month. "There has been a loss of funds of around USD 7m, including over USD 1m of funds deposited...

Discover a Way to Earn €8K a Month on Your Bitcoin and Savings


Disclaimer: The text below is a press release that was not written by Cryptonews.com. Photo: Adobe Stock / Andrey Burmakin ArbiSmart.com is a regulated, crypto arbitrage investment platform which is generating an insane amount of buzz in the crypto space right now. Why? Because it is offering...

Ethereum Classic Price Rises From 7-Month Support but Remains Bearish


Ethereum Classic, one of the top 35 cryptos of the global crypto market, is seen trading with a bearish crossover on the daily chart. This Proof of Work-based blockchain can be rented by hash power used by hackers to carry out 51% attacks, which costs around $3,800. About this 51% attack...

More People Dipping Toes Into Web Monetization


Léonie Watson: I do think that Coil and Web Monetization are at the vanguard of a quiet revolution. Here’s me when I’m visiting Léonie’s site: Enjoy the pennies! My Coil subscription ($5/month) doles out money to sites I visit that have monetization set up and installed. Other...

Bitcoin Price Breaches 35-Month Resistance and Trades Above $14k


Bitcoin price trades above $14k around $14.3k against the US Dollar and breaches a 35-month resistance as bullish sentiment tracks in from the US Election 2020. Tracking positive sentiment from the global markets, the digital assets are seen strengthening over the past 30 days with a clear uptrend...

Bitcoin Volatility Expected to Rise After the US Presidential Election


While the United States prepares for the results of the 2020 Presidential Election, a number of data points and traders expect some significant cryptocurrency price fluctuations this week. Statistics from skew.com show bitcoin’s 30-day implied volatility has increased to 59% while 3-6 month...

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