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Market Wrap: Bitcoin Clings to $11,000 as Ether Futures Top $1B
30.7.2020
Bitcoin is holding onto price gains this week as the number of ether derivatives increases
Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish Optimism
30.7.2020
The number of bitcoin held on exchanges has touched a 12-month low, as bitcoin exchange balances have reached levels not seen since June 2019. According to onchain statistics, there’s more than 2.6 million BTC held on global trading platforms worldwide. Data from a number of sources show that...
Dollar Falls to Lowest Level in Over 2 Years While Gold, Silver, Bitcoin Continue to Shine
30.7.2020
The dollar index dropped to it's lowest level since May 2018
Coincheck Revenues Down, Operator Launches Crypto Lending in US
30.7.2020
Coincheck, one of Japan’s leading crypto exchanges, has reported that its revenues are down by over a third on last year’s figures – although its operator has launched crypto lending services in the United States.
Per a financial report from its operator the Monex Group, Coincheck said that...
5 Years In, Ethereum Network Growth Echoes Nvidia’s Pre-2016 Bull Run
30.7.2020
The Ethereum network appears to be following the likes of Nvidia and other tech sector giants whose use case and growth strategy model evolved over time
US Banks Get Crypto Custody Nod, but Instant Demand Surge Is Unlikely
30.7.2020
Announcement by U.S. OCC to fuel business opportunities for crypto exchanges, custodians and traditionals banks
Suspects Detained in Ukraine for Bomb Threats Demanding Bitcoin
30.7.2020
Ukraine's security service detained two suspected terrorists who threatened to blow up buildings if they didn't receive bitcoin
Bitcoin News Roundup for July 30, 2020
30.7.2020
With the price of bitcoin hovering near recent highs and some wondering whether we're poised for a pullback, CoinDesk's Markets Daily is back for your latest news roundup
Australian Watchdog Issues Warning on Fake Celebrity-Endorsed Crypto Ads
30.7.2020
The ASIC has received numerous reports on fake crypto trading robots and other schemes used to scam Australians
Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold
30.7.2020
U.S. investment bank Oppenheimer’s analyst says gold is “extended” and has “run up a bit,” bringing attention to bitcoin instead. He sees the cryptocurrency reversing its downtrend from the $20K peak, benefiting from the dollar’s weakness. Oppenheimer Analyst...
DAI Rewards, Bitcoin Futures Record, Blockchain Park + More News
30.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Coinbase has launched a rewards program for customers holding Maker's DAI stablecoin. To be eligible, users with a verified identity...
3 Reasons Not to Panic as Bitcoin Miners to Exchange Flow Spikes 46%
30.7.2020
On-chain data shows miners have sold more than they mined in the past week, but this might not necessarily impact BTC price for three reasons
China Didn’t Ban Bitcoin Entirely, Says Beijing Arbitration Commission
30.7.2020
Bitcoin-related activities are not prohibited by the Chinese government as the cryptocurrency acts as a virtual commodity
Raising the Security Bar? Dash Claims a 51% Attack Is Not Enough
30.7.2020
While a 51% attack on Bitcoin will cost a billion dollars, Dash developers say an attacker needs more than money to attack the Dash network
‘Huge Demand in India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk
30.7.2020
Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared the details with news.Bitcoin.com, stating that “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services. Zebpay Sees Huge Demand for OTC Crypto...
First Mover: Sleepy Fed Meeting Belies Tense Economic Reality (Brrr) That May Buoy Bitcoin
30.7.2020
It didn't really matter to bitcoin traders that the Federal Reserve's meeting this week was so anticlimactic. The real action is ongoing – in the form of more money injections
When Robinhood FOMO? Bitcoin Price Pulling a ‘Kodak’ Means Six Figures
30.7.2020
If Bitcoin sees similar FOMO rallies like KODK in recent days, BTC price could quickly soar to six figures, as some analysts have previously predicted
27 Key Execs at PlusToken Scam Are Reportedly Arrested
30.7.2020
PlusToken, one of the greatest exit scams in history, defrauded investors of nearly $6 billion, according to latest reports
Bybit presents World Series of Trading (WSOT) – 200 BTC Prize Pool up for Grabs
30.7.2020
While movie theaters may be unusually empty this time of the year, a different kind of summer blockbuster is coming soon, one that promises to bring back the exhilaration of competitive crypto trading with up to 200 bitcoins (BTC) prize pool, up to 20% off trading fees and up to $9,400 in USDT...
27 Arrests as Chinese Police ‘Completely Destroy’ PlusToken Bitcoin Scam
30.7.2020
One of the most notorious and largest-scale bitcoin (BTC) scams of all time appears to have finally be taken down – with Chinese police swooping to arrest 27 suspects it said orchestrated PlusToken.
Per state-owned media outlet Chinanews, the Ministry of Public Security, China’s police authority...