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Analysts Think the Stock Market Has Peaked; Why This Could Be Brutal for Bitcoin
The stock market has been caught within an intense uptrend over the past couple of days while Bitcoin consolidates within the upper-$9,000 region. The ongoing equities rally has come about due to renewed hopes of the economy seeing a “V-shaped” recovery due to most countries across the globe easing their pandemic-related lockdowns. Recent employment data...
2020-06-09 23:06:52
Options Traders are Nearly All Long on Bitcoin; What This Means for BTC
Bitcoin’s week-long bout of consolidation appears to be leading options traders to grow increasingly bullish on the cryptocurrency Data shows that options traders are nearly all anticipating BTC to see further upside in the weeks and months ahead There are multiple factors, however, that suggest it is poised to see downside in the near-term These factors include rising funding, a high quantity of underwater long positions, and its multiple failed attempts to break above $10,000 […]
2020-06-09 23:06:30
Bullish Boost: A Quarter Of Large Institutional Investors Hold Bitcoin In Their Portfolio, New Survey Reveals
In early May, bitcoin underwent halving, the third in the network’s history. This means that the mining rewards were reduced from 12.5 BTC to 6.25 BTC. As a result, there are now fewer bitcoins being produced daily which are not enough to satisfy the demand. Fortunately for bitcoin enthusiasts, demand for the world’s most valuable […]
2020-06-09 22:06:40
Not So Private: 99% of Zcash and Dash Transactions Traceable, Says Chainalysis
Chainalysis says it can track 99% of transactions involving Zcash, and almost all of Dash’s – coins that both fancy themselves as private and untraceable. Now, that’s because the majority of users do not utilize the optional privacy-enhancing features available on the two blockchains, it said in a June 8 blog, announcing support for the […]The post Not So Private: 99% of Zcash and Dash Transactions Traceable, Says Chainalysis appeared first on Bitcoin News.
2020-06-09 22:06:41
Greycroft’s cofounder talks social stock trading and how COVID-19 has impacted the venture landscape
The Block’s Frank Chaparro sits down with Ian Sigalow, cofounder and partner at Greycroft.The post Greycroft’s cofounder talks social stock trading and how COVID-19 has impacted the venture landscape appeared first on The Block.
2020-06-09 22:06:15
US Markets Rebound to Recover All Coronavirus Losses — What About Bitcoin?
Bitcoin price is stalling under $10,000 while the U.S. stock market nears a record high.
2020-06-09 22:06:00
New crypto investor database points the way for Bitcoin startups
Looking for funding for your crypto startup? Regan Bozman’s Dove Mountain Data helps demystify crypto investment opportunities.
2020-06-09 21:06:06
Yang Gang candidate for Congress gains notice of Ethereum cofounder
Ethereum creator Vitalik Buterin and Radical Markets author Glen Weyl joined New York Congressional hopeful Jonathan Herzog to talk about upending the system.
2020-06-09 21:06:01
MoneyGram Sees 100% Growth Against 2019 Usage
MoneyGram saw a significant rise in user transaction numbers for May 2020 compared to the same period last year, coinciding with a partnership with Ripple that began last June.
2020-06-09 21:06:41
New Bitcoin Exchange-Traded Product to Be Listed on Deutsche Börse Exchange
A London-based investment firm is listing a centrally-cleared bitcoin exchange-traded product on Deutsche Börse’s Xetra in Germany.
2020-06-09 21:06:30
Did Satoshi Nakamoto Work for a Drug Organization?
The mystery surrounding Satoshi Nakamoto, the pseudonymous creator of the world’s number one digital currency by market cap (bitcoin), has just gotten a whole lot weirder. What Did Nakamoto Do Before BTC? The latest prediction surrounding Nakamoto’s identity suggests that the infamous bitcoin developer potentially had ties to some very shady individuals. Escobar Inc. –...The post Did Satoshi Nakamoto Work for a Drug Organization? appeared first on Live Bitcoin News.
2020-06-09 21:06:51
Physically-Backed Bitcoin ETC to Launch in Germany with Regulator Approval
Bitcoin is expected to land on Germany’s Deutsche Börse XETRA stock exchange in the form of a physically-backed ETC in the coming week. According to German news outlet Handelsblatt, ETC Group will list the Bitcoin Exchange Traded Crypto (BTCE) on Deutsche Börse’s digital trading platform. Users from the UK, Italy, and Austria will also have […]The post Physically-Backed Bitcoin ETC to Launch in Germany with Regulator Approval appeared first on CryptoPotato.
2020-06-09 21:06:49
Market Wrap: DeFi Is Helping Ether Outpace Bitcoin This Year
Thanks to growing interest in DeFi, ether is outperforming bitcoin when the market is moving higher.
2020-06-09 21:06:36
Bitcoin is Just a Few Hundred Away from Entering a Glorious Bull Market
Bitcoin has seen some generally lackluster price action throughout the past several days and weeks, struggling to garner any decisive momentum as it hovers within the mid-$9,000 region. This price action has muddied the clarity that many analysts previously had as to just how strong the cryptocurrency’s uptrend truly is, and has shaken the confidence...
2020-06-09 21:06:35
Congressional task force on fintech set to delve into the ‘digital dollar’ concept this week
A House of Representatives task force on financial technology is set to discuss digital dollar concepts on Thursday.The post Congressional task force on fintech set to delve into the ‘digital dollar’ concept this week appeared first on The Block.
2020-06-09 20:06:53
Bitcoin Still Faces On-Chain Scaling Trouble Ahead, Decred Co-Founder Says
Can Bitcoin's network handle mainstream adoption?
2020-06-09 20:06:45
Bitcoin: Overview Of The Unique Asset
Bitcoin is a unique asset that will be held by investors for its store of value.Bitcoin's uniqueness cannot be duplicated, or at least it hasn’t yet. This is what makes it unique and comparable to a collectible.Bitcoin was designed to both increase in value and survive. So far, both have been true. This unique design is misunderstood by its detractors.
2020-06-09 20:06:26
Ripple commits to supporting low-value, high-frequency payments with XRP amid pandemic
As the level of digitalization globally is increasingly going up, Ripple catches the high wave and goes on with propagating a worldwide adoption of secure low-cost transactions that are delivered rapidly on a receiver’s account. This is what Ripple’s On-Demand Liquidity (ODL) service which uses the digital asset XRP to source liquidity in essence; while […]
2020-06-09 20:06:07
Sparks fly as developer suggests an altcoin will overtake Bitcoin in the next five years
Although it may seem like Bitcoin has led the crypto market over the past few months, altcoins have strongly outperformed BTC since the start of 2020. The post Sparks fly as developer suggests an altcoin will overtake Bitcoin in the next five years appeared first on CryptoSlate.
2020-06-09 20:06:29
Almost half of all PAX stablecoin transfers linked to ponzi: report
The latest report from crypto analytics firm Coin Metrics sheds some light on stablecoins and their links to illicit activity. No, it isn't about Tether.
2020-06-09 20:06:07
Illegal Crypto Miner Caught After Stealing More Than $400K of Electricity
Russian police arrested a 30-year-old crypto miner who they accuse of stealing over $494,000 in electricity from the state power network.
2020-06-09 20:06:00
Ethereum Layer-Two Solutions Lack Real World Usability, Says Skale CTO
Cointelegraph interviewed Konstantin Kladko, CTO at Skale, to learn about his controversial opinion on why Ethereum layer-two solutions are unlikely to work out.
2020-06-09 20:06:00
Moscow Said to Hire Kaspersky to Build Voting Blockchain With Bitfury Software
Moscow's government is giving voters the option of having their ballots recorded on a blockchain despite transparency concerns.
2020-06-09 20:06:04
How Tether On Ethereum Is Rapidly Becoming The Cryptocurrency Of Choice
While all eyes are on Bitcoin, as the cryptocurrency community watches and waits for the asset’s next uptrend to begin, another crypto asset has gone parabolic – but not in price. The market cap and total supply of Tether have been skyrocketing more so than Bitcoin price has. Also easily besting Bitcoin, is the amount...
2020-06-09 20:06:50
Ethereum on Unstable Ground Following Immense Overnight Turbulence
Ethereum has been closely tracking Bitcoin’s price over the past several weeks This caused it to see some intense overnight instability, with its price rising to highs of $246 overnight after crashing to lows of $235 One bear-favoring technical pattern that has been forming over the past few days could lead it significantly lower Analysts do believe that ETH 2.0 launch hype could be enough to invalidate this weakness Ethereum has seen mixed price action […]
2020-06-09 20:06:36
Cardano & ETC's performances don't scream 'altcoin season' yet
May 2020 can be identified as a month of two halves. During the start of the month, the bullish narrative surrounding Bitcoin was tremendous. The world's largest digital asset had recovered a majorThe post Cardano & ETC's performances don't scream 'altcoin season' yet appeared first on AMBCrypto.
2020-06-09 20:06:28
Chainalysis Confirms Neither ZCash nor Dash are Private, but is Anyone Really Surprised?
Various cryptocurrencies claim to be private, or at least provide some privacy-oriented solutions for its users. A new report by Chainalysis confirms that both Dash and ZCash should not be classified as such, albeit that isn’t a big surprise anymore. Providing privacy in the cryptocurrency world isn’t as easy as most may think, Chainalysis Confirms […]The post Chainalysis Confirms Neither ZCash nor Dash are Private, but is Anyone Really Surprised? appeared first on NullTX.
2020-06-09 20:06:18
What the Stock Market’s ‘Robinhood Rally’ Means for Bitcoin
The largest 50-day rally in stock market history and even shares of bankrupt companies are up more than 100%. What is going on?
2020-06-09 19:06:00
Alchemy Notify Wants to Simplify Blockchain UX With a Single Push
Alchemy has built a new push notification system for blockchain developers in a bid to move the needle on mainstream-friendly crypto UX.
2020-06-09 19:06:10
Bitcoin price rests above $9721, bullish signs in sight
Bitcoin price varied near $9700 for the 24-hour trade while it saw a day’s high above the $9840 mark. Trading view analyst, Kinnari Prajapati is of the opinion that BTC price will see an uptrend across $10800. As per coinmarketcap.com, the cryptocurrency king is ranked at the top in the cryptocurrency market, while it has […]
2020-06-09 19:06:10