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Bitcoin on-chain volume hits a 1-year high with only 3.6% coming from exchanges
10.9.2020
Yet Bitcoin exchange trading volume has not declined
Pomp claims he convinced Jim Cramer to buy Bitcoin
10.9.2020
“Welcome the world’s newest Bitcoiner,” Pomp stated on Twitter
ETC Labs startups can now access automated transaction tracking
10.9.2020
Regulatory compliance requirements are becoming increasingly important
Binance’s New Platform Will Connect CeFi and DeFi with $100m Fund
10.9.2020
Binance continues to chase after decentralized finance, known as DeFi, by giving its new Binance Smart Chain access to its centralized exchange
Bitcoin News Roundup for Sept. 10, 2020
10.9.2020
With bitcoin lawsuits in the news and SushiSwap's migration completed, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
South African Crypto Exchange Luno Expanding Globally After Acquisition by Digital Currency Group
10.9.2020
Digital Currency Group has acquired South African cryptocurrency exchange Luno, which has more than five million customers in over 40 countries. The acquisition will help Luno expand globally, including across its existing markets in Africa, Europe, and Asia. DCG Committed to Helping Luno Expand...
Jack Dorsey still thinks Bitcoin is the strongest contender for an internet-native currency
10.9.2020
The Square CEO remains a vocal champion of the Blockchain space
Bitcoin price balances at $10K: Discussing BTC’s next big move
10.9.2020
The price of Bitcoin is showing stability above $10,000, and traders explain where BTC’s next big move is headed
Ticino Blockchain Technologies Association Has Been Established
10.9.2020
Lugano, 10 September 2020 – The Ticino Blockchain Technologies Association aims to promote research and support innovative companies active in the Blockchain sector, as well as to promote academic studies of this new technology, thanks to the participation of USI (University of Southern...
DeFi Helps Ethereum Surpass Bitcoin in Adjusted Transfer Value
10.9.2020
The 7-day average adjusted transfer value of Ethereum’s native ETH token has for the first time since early 2018 surpassed that of bitcoin (BTC), a new report from crypto analytics firm Coin Metrics showed.
According to the report, the ‘flippening’ is due to ETH increasingly being used...
First Mover: DeFI ‘Vampire’ SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags
10.9.2020
SushiSwap, the "vampire mining" protocol, sucked more than $800 million from rival Uniswap in the latest DeFi mind-bender. PLUS: BitMEX futures distortions
Buffett shunned tech for many years until now — would it buoy Bitcoin?
10.9.2020
Warren Buffett and Berkshire Hathaway invested in the pre-IPO tech firm Snowflake. Over the long term, the shifting trend to digital could buoy Bitcoin
Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs
10.9.2020
An anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The trader, who insists he had no prior knowledge about the bug, got this reward after staking an initial investment of 0.5 ETH or about $175 at current prices. In...
Structural Issues May Be Causing BitMEX’s Low Bitcoin ‘Cash and Carry’ Returns
10.9.2020
BitMEX may be one of the largest crypto derivatives platforms, but it offers the lowest return on bitcoin "cash and carry" trades
Bitcoin and Altcoins Start To Show Signs of Fresh Increase
10.9.2020
Bitcoin price started a decent recovery wave above USD 10,250 and USD 10,300. However, BTC struggled to clear the USD 10,400 and USD 10,500 resistance levels. It is currently (08:30 UTC) trading near USD 10,250 and it might find bids near USD 10,150 in the short-term.
More importantly, a few major...
Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report
10.9.2020
Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June, according to new research by U.S. crypto analytics firm Chainalysis. Altogether, $8 billion worth of crypto was received into the continent and $8.1 billion sent...
Future Tesla S&P 500 inclusion may lead to Bitcoin price rally — Analysts
10.9.2020
Tesla and Bitcoin price surged higher after recovering from a sharp correction, leading analysts to take a closer look at the BTC to S&P 500 correlation
Small value crypto transfers in Africa have increased by 55%
10.9.2020
Africans are turning to cryptocurrencies to avoid high fees and currency instability, with transfers to and from the continent increasing 55% over the last year
DistX is Taking the Crypto World by Storm
10.9.2020
After selling out their own token sale in just 57 seconds in late August, DistX have been making headlines and attracting a lot of attention. The reason for the hype? Their unique tokenomics offering some of the most interesting and significant rewards to DISTX token holders. DistX is building...
SWIFT Says Criminals Prefer Cash for Money Laundering, Not Cryptocurrency
10.9.2020
A new report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) says cryptocurrency is seldom used for money laundering activities compared to fiat or other traditional methods. Despite the perception that crypto assets are a preferred haven for illegally acquired funds...