05-APR-2020

4 months ago

Ethereum Faces Confluence of Bullish Factors as Analysts Eye Move to $200 – via NEWSBTC
Ethereum has been struggling to garner any momentum as it faces heightened resistance around the mid-$140 region, with this bout of consolidation coming about in tandem with that seen by Bitcoin and most other altcoins. In spite of this, ETH has been able to form a bullish textbook charting pattern that may give it some notable momentum once it breaks through the resistance it is facing around its current price levels.

4 months ago

Crypto Whale Predicts ‘Economic Shock’ Ahead Amidst Coronavirus Meltdown – via CRYPTOGLOBE
A high-profile bitcoin whale predicts more pain ahead for the global economy as the ramifications of the coronavirus shutdown take their toll. Joe007, a prolific bitcoin whale investor who earned an alleged $20 million in profits through February and March’s market volatility, says he expects traditional markets to spiral in the coming months. According to a series of posts made April 3, the whale trader called the coming recession the “economic shock of our generation,” that will unfold in waves over time.

4 months ago

Halving and COVID-19 Crisis May Lead To Miners War With Devastating Effects On Bitcoin Price – via CryptoPotato
Bitcoin’s price is a subject of serious speculation. Now that the halving is just around the corners, experts and analysts are even more active. While the majority of people rely on history as an indicator, there are those who believe that Bitcoin’s price will crash following the halving. In fact, some believe that the event, combined with the ongoing coronavirus crisis will cause a massive competition among miners with devastating effects on BTC’s price.

4 months ago

Edge of Glory: Key Bitcoin Indicator Just Approached a Critical Level – via NEWSBTC
Bitcoin’s sideways trading that was first sparked by its rejection at $7,300 has extended through today, with the cryptocurrency firmly caught within the upper-$6,000 region as its bulls and bears both reach a firm impasse. In the near-term, analysts are noting that the cryptocurrency could be on the “edge of glory” if it is able to surmount one key technical level, but firm resistance may make bull’s attempt to boost it futile.

4 months ago

Did Satoshi Plan for Bitcoin Halvings to Coincide with US Presidential Elections? – via beincrypto
Bitcoin Halvings happen every four years — coincidentally falling in line with US election cycles. Was this all a part of Satoshi Nakamoto’s master plan? There has been much speculation over why Satoshi Nakamoto chose halvings for Bitcoin to take place roughly every four years. However, one convincing theory is that Satoshi planned to align them with the US presidential election years.

4 months ago

Bitcoin’s block reward halving may be a blessing in disguise for efficient miners – via AMBCRYPTO
Bitcoin’s block reward halving is a timely reminder of its scarcity. While the king coin has already faced two halving events in the past, the third one is to take place in little over a month’s time. 2020, being a halving year, led most investors to expect the price to soar. The recent price crash has increased worries not just among investors but also for Bitcoin’s miner community.

4 months ago

Bitcoin (BTC) Criminals Exploit COVID-19 Crisis by Attacking Hospitals with Ransomware: Interpol – via U.TODAY
Interpol has released a warning about hackers trying to cash in on the coronavirus pandemic by infecting hospitals with ransomware. After getting their hands on vulnerable machines, malicious actors usually demand payments in Bitcoin.

4 months ago

CoinTracker Counts 100,000 Users Using Crypto Tax Service – via CRYPTOBRIEFING
CoinTracker has announced that the company now counts over 100,000 users who use the crypto tax service. In March, the company also partnered with additional industry leaders, including Lolli, Casa, Compound, IDEX, Crypto.com, and ErisX, to continue attracting users to the platform.

4 months ago

Cash And Debit Cards May Transmit COVID-19 And CBDCs Could Be The Solution, BIS Report Says – via Cryptopotato
Amid the spread of the COVID-19 pandemic, world governments and central banks should focus on launching CBDCs, a BIS report suggested. By using digital currencies, people could avert cash, credit card terminals, or PIN pads – which may transmit the novel virus.

4 months ago

Bitcoin or Libra Best Shot at ‘Super-Sovereign’ Money, Says OKEx CEO – via beincrypto
Jay Hao says the global monetary system is broken and needs restructuring. The chief executive at OKEx believes a “super-sovereign” currency, like Bitcoin or Libra, offers the most hope for a more balanced system. In a recent OKEx Academy post, Hao makes the case that the global economy advantages developed nations at the expense of those worse off. At the root of this imbalance is the fact that the system relies on a single sovereign currency — the US dollar.

4 months ago

John McAfee Bitcoin love lost but “supports” other coins – via Cryptopolitan
John McAfee Bitcoin love appears to be headed south. After predicting that the largest coin in the market will hit a high of $1million USD in 2020, he now says the coin is “worthless”. The market influencer goes ahead to name three other coins which he thinks are better than Bitcoin. The brain behind the McAfee antivirus took to Twitter to respond to a tweet that his popularity has been brought to the limelight because of the so-called John McAffee Bitcoin affection. Although his Twitter following surpasses 1million, he still believes the coin has nothing to do with his fans.

4 months ago

Crypto derivatives exchanges have found a new home in Asia – via Cryptopolitan
Last year has been very good for the Bitcoin derivatives market, with steady growth and an overall increase in interest from the cryptosphere. People have started visualizing these derivatives as a legitimate investment vehicle. Although the interest is global, Asian countries have impressed the most and hence the crypto derivatives exchanges look to find a new home in Asia. Countries like Singapore, India and South Korea hold massive potential for the crypto market in the coming future.

4 months ago

SEC Fight Back Against Telegram For Clarity On Court Injunction – via CryptoDaily
The securities and exchange commission in the United States has just fought back at a request from Telegram for clarity in regards to the sheer scope of a court injunction barring the company from distributing it’s GRAM tokens. Writing in a letter to Judge Castel early this week, the securities and exchange commission asserted that the injunction “unambiguously, and properly, applies to Telegram’s delivery of Grams to ‘any person or entity’ […] and requires no clarification.” Such tokens were in correspondence to the company’s $1.7 billion initial coin offerings which raised money to launch TON in 2018. For those that don’t know, TON is otherwise known as the telegram open network.

4 months ago

Binance’s CMC Acquisition Spotlights Exchange’s Trading Volume Discrepancy – via beincrypto
Currently, CoinMarketCap claims that Binance’s real adjusted trading volume is only one-third of what the exchange claims. Will Binance’s recent acquisition of CoinMarketCap change these numbers? The recent acquisition of CoinMarketCap by Binance shocked many in the cryptocurrency industry. Many saw it as a clear conflict of interest—could a cryptocurrency data website stay objective when owned by an exchange?

4 months ago

Exclusive Interview: Charles Hoskinson Knows How to Find Satoshi Nakamoto – via U.TODAY
Charles Hoskinson, the famous founder of Cardano, explains how people can find out who Satoshi Nakamoto is, and speaks on the future of our world, new religions and the possibility of immortality. Let’s dive into the third part of our exclusive interview!

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