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Russian Lawyers Debate Legality of Crypto Firm Selling Drinks for BTC
28.8.2020
An event organizer in Moscow recently sold over USD 1,600 worth of drinks in bitcoin (BTC) to attendees – but experts are divided when it comes to answering the question: was it legal?
The event was the brainchild of a crypto startup named Chatex, but per RBC, it has courted controversy.
A recently...
Federal Reserve’s Major Policy Shift to ‘Push Up Inflation’ Could Send Bitcoin Price to $500K
28.8.2020
The U.S. Federal Reserve has announced a significant policy change to push up inflation. Bitcoin is set to greatly benefit from this policy change. Not only the price of bitcoin could surge past $500K, but a number of companies have also begun moving their reserves into the cryptocurrency to hedge...
Crypto market remains bullish as $1B in Bitcoin derivatives expire
28.8.2020
Major monthly Bitcoin options and futures expiry sees markets becoming bullish on BTC
Price analysis 8/28: BTC, ETH, XRP, LINK, BCH, LTC, BSV, CRO, BNB, EOS
28.8.2020
Bitcoin and altcoins are holding key support levels, suggesting bulls will try to break above overhead resistance levels soon
'Opt-Out with Bitcoin,' Says Visa's Director of Public Policy + More News
28.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Business news
Andy Yee, senior director of public policy at Visa, tweeted to his followers to “Opt-out with Bitcoin.” This follows a speech made...
Bitcoin balks as the Fed talks, DeFi surge continues: weekly recap
28.8.2020
This week the Fed signaled that further monetary expansion is planned, meanwhile interest in Bitcoin and DeFi continues to skyrocket
Blockchain Bites: Winklevoss’ Wild Prediction, Bitcoin Miners’ Horde, Ethereum’s ‘Critical Bug’
28.8.2020
Mongolian authorities have limited cheap electricity for crypto miners, Venezuela is seeing crypto use outside government-approved exchanges and a “critical bug” has left 13% of Ethereum nodes useless
Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center
28.8.2020
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID)...
Bitcoin News Roundup for Aug. 28, 2020
28.8.2020
With bitcoin and gold reversing losses, CoinDesk's Markets Daily is back for your latest crypto news roundup!
Fed Chair Powell’s Flexible Inflation Views Were Already Priced In
28.8.2020
Federal Reserve Chair Jerome Powell did not raise many eyebrows Thursday morning when he announced the U.S. central bank would encourage some periods of inflation above its 2% target in certain circumstances to boost the long-term economy
Energy Giant Equinor to Cut Gas Flaring With Bitcoin Mining Tie-Up: Report
28.8.2020
Equinor will use digital flare mitigation tech from Crusoe Energy at its Bakken oilfield operations in the U.S
Alt season is here? DeFi tokens taking on Bitcoin for crypto dominance
28.8.2020
Will altcoins rally as Bitcoin price stagnates, and is DeFi producing a bubble? Here’s what’s driving the altcoin season
Digital Currency Group Pledges $100 Million to Bolster Bitcoin Mining Industry
28.8.2020
The firm Digital Currency Group (DCG) is entering the mining industry, as the firm has pledged $100 million into a cryptocurrency mining firm called Foundry. The mining company Foundry was noiselessly founded in 2019 and it aims to offer capital, consulting, and intelligence to digital assets...
First Mover: Binance’s Shrinking Trading Spreads and Bitcoin’s Jackson Hole Fizzle
28.8.2020
Traders are getting better fills due to shrinking bid-ask spreads on Binance and other cryptocurrency exchanges. It's a sign of a healthy market
Bitcoin, Gold Recover After Jerome Powell Speech Shakes Markets
28.8.2020
Bitcoin and gold are reversing losses seen on Thursday after the Federal Reserve's announcement of a more relaxed approach to tackling inflation
Winklevoss Bros Make Case For USD 500k Bitcoin
28.8.2020
Cameron and Tyler Winklevoss, co-founders of the US-based Gemini exchange and family office Winklevoss Capital, forecast the price of Bitcoin (BTC) could reach USD 500,000, as the the US debt-to-GDP ratio is set to expand more in 2020 than it did over the entire prior decade, triggering inflation...
Winklevoss Brothers Say Bitcoin Could Reach $500K as the ‘Only’ Long-Term Inflation Hedge
28.8.2020
"Bitcoin is ... the only known commodity in the universe that has a deterministic and fixed supply," the Winklevoss brothers wrote in a blog post saying the cryptocurrency may one day hit $500,000
Visa exec says buy Bitcoin as dollar index nears $12.5K BTC trigger
28.8.2020
A key bull trigger for Bitcoin reemerges as even a Visa executive pours scorn on the Fed and calls on consumers to “opt out with Bitcoin.”
Binance’s Bitcoin ‘Bid-Ask Spreads’ Tighten as Cryptocurrency Markets Mature
28.8.2020
The narrowing gap between bitcoin buy and sell orders on big exchanges like Binance shows an increasing depth to cryptocurrency markets
Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading
28.8.2020
Zimbabwe’s Mobile Money Operators (MMO) say they will comply with the latest directive by the central bank to shutdown mobile money agents. In addition, the MMOs will also limit mobile money transactions to $50 (Zwl $5,000) per day while users are now restricted to one mobile money account...