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Coinbase Says That 60% of Its Bitcoin Buyers Go Into Altcoins


Major cryptoasset exchange Coinbase claims that although most of its users initially favor bitcoin (BTC), the vast majority also go on to trade altcoins and other digital assets. In a blog post, the platform claimed, “Among customers with at least five purchases, 60% start with bitcoin but just...

Some Bitcoin Miners Flock to Bitcoin Cash And Bitcoin SV


While it might take weeks until we have a clear picture of the Bitcoin network after its third halving, it looks like some of its miners have already turned to Bitcoin Cash (BCH) and Bitcoin SV (BSV). BCH saw its hashrate almost doubling on the day of BTC's halving, on May 11. As reported, after...

Mysterious Stablecoin Rally Marked With Regional Differences


Strong and unexplained worldwide growth in the use of stablecoins following crypto’s Black Thursday on March 12 is also marked with certain regional differences. The combined market capitalization of all stablecoins has “almost doubled” since the market crash in March, despite an initially sharp...

Ethereum 2.0 Phase 0 is 'On track' With 0 Deadlines


A recent mistake by Vitalik Buterin, co-founder of Ethereum (ETH), confirmed that Phase 0 of Ethereum's next version, Ethereum 2.0 (ETH 2.0) will not launch this July, but it might happen in Q3. Buterin appeared at the CoinDesk’s Consensus: Distributed conference this Monday, where he replied...

Could Stablecoins Trash Cash in the Race to Deliver COVID-19 Payouts?


With governments all over the world looking for ways to mitigate the financial damage of the coronavirus outbreak, many thinkers are openly asking if cash, already looking outdated before the pandemic, is the right tool for the job in a pre-vaccinated world. In South Korea, both the private and...

Crypto Listing and Delisting Announcements: Week 19


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

Crypto Market Sentiment Drops in 7 Days, Even Bloodier in 24 Hours


The crypto market sentiment is not having a good day, or a good week for that matter. Not only has the combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins dropped from last week's 5.88 to 5.67/10 this week, as crypto market sentiment analysis service Omenics...

Litecoin an Unlikely Champ as Crypto Hedge Funds Continue to Diversify


Hedge funds are finding new uses for cryptoassets that do not involve investment, per a new report, with litecoin (LTC) earmarked as an unlikely altcoin champion for funds. These were the findings of a joint research paper released by PwC and Elwood Asset Management and shared with Cryptonews.com...

Ripple Reveals Details on its New Trading Platform Through Job Openings


More information is out about a new trading platform that Ripple, an American blockchain company focusing on payments technologies, has in the works - and it's coming through employment adds. Ripple is seeking a staff engineer for their "trading platform team that provides market access...

The Tron/Justin Sun Scandal Gets Hotter as Cryptoverse Seeks Explanation


Justin Sun. Source: a video screenshot, Youtube, Tron After yesterday's reports that Tron, which maintains the Tron (TRX) blockchain, led by CEO and Founder Justin Sun, seemingly received more than USD 2 million from the US pandemic relief fund, the story's not getting its epilogue, but rather...

Bittrex to Launch Own Token in June


In a move likely aimed at regaining market share from competitors like Binance and Huobi, yet another crypto exchange is set to launch its own token. Announced via Twitter on Tuesday, the Lichtenstein-based crypto exchange Bittrex Global said that its “Bittrex Global Exchange Token” is set to...

XRP Market Ignores New Lawsuit Against Ripple


Ripple, the US-based fintech company affiliated with XRP, is facing yet another lawsuit after being accused of misleading investors by conducting an “unregistered offer and sale of securities.” However, the XRP market appears to have largely dismissed the news as noise. As news started to circulate...

Telegram Ditches 110% US Investor Refund Option ‘for Fear of Litigation’


Instant messaging giant Telegram appears to be keen on cutting all ties with the American investors who, along with international parties, stumped up USD 1.7 billion in its delayed token launch. A Russian investor believes the move is preemptive and has been made in order to avoid legal challenges...

Crypto Listing and Delisting Announcements: Week 18


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

This Polish Crypto Miner Grows During Lockdown, Looks To Raise USD 3M


A Polish blockchain company says that its user numbers are up despite the pressures of the coronavirus pandemic, and says that investors are flocking to a gaming sector that is booming – in spite of the health crisis pandemic. GamerHash says that building on improved results it is now eying...

Ripple’s XRP Sales Drop Sharply, ODL Gets Traction


The XRP-affiliated fintech firm Ripple has once again reduced selling from its massive holdings of XRP tokens, this time reaching its lowest quarterly sales ever. According to their new report, the first quarter of this year saw XRP sales by Ripple of USD 1.75 million. The new figure comes after...

Telegram’s Crypto Launch ‘Postponed Indefinitely’


Chat app operator Telegram appears to have lost its battle with American regulators in the struggle to launch its Telegram Open Network (TON) blockchain platform and the Gram token. Telegram had hoped to launch the TON platform on April 30, but has instead reportedly “postponed indefinitely” due...

BitMEX Leaves Japan, Youtube Suspends Ripple CTO + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news BitMEX has announced that it will stop offering services to Japanese residents. In an official announcement,...

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