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Maand: juni 2020

Crypto “Reserve Currency,” Tether (USDT) Hits a $10 Billion Market Cap

Posted on juni 30, 2020 by Blockchain News

Weeks ago, NewsBTC reported that the market capitalization of leading crypto stablecoin Tether (USDT) was on track to $10 billion. This week, after a large minting of coins, the milestone was reached….

China Highlights Blockchain in Pandemic Preparedness Strategy

Posted on juni 30, 2020 by Blockchain News

China is looking into the use of blockchain technology to promote data sharing among medical institutions amid future pandemics. Source: Cointelegraph.com Original Post: China Highlights Blockchain in Pandemic Preparedness Strategy

Ethereum yield farming change could “sharply break” DAI’s $1 peg: analyst

Posted on juni 30, 2020 by Blockchain News

The past few weeks have seen so-called “yield farming” gain popularity throughout the Ethereum ecosystem. Yield farming, in short, is the act of maximizing the yield one makes via decentralized finance (DeFi)…

Why This Major Crypto Could Soon Crater to Early-2017 Lows

Posted on juni 30, 2020 by Blockchain News

Litecoin is one of many crypto tokens that has been struggling to garner any upwards momentum in recent times. LTC has formed an incredibly close correlation to Bitcoin as of late, which…

These Macro Factors Show That Bitcoin Bears are Gaining Control of BTC

Posted on juni 30, 2020 by Blockchain News

Bitcoin’s bulls and bears appear to be locked within an intense battle for control over the cryptocurrency Bears have been gaining the upper hand over the past few weeks, as the crypto…

Bullish Case for Bitcoin Grows as BTC Whale Population Tops 3-Year High

Posted on juni 30, 2020 by Blockchain News

On-chain data shows the total number of Bitcoin whales surpassed a 3-year high above 1,800 over the past 3 months. Source: Cointelegraph.com Original Post: Bullish Case for Bitcoin Grows as BTC…

Allegedly Fraudulent Crypto Exchange Shut Down by UK High Court

Posted on juni 30, 2020 by Blockchain News

The UK Insolvency Service claimed that GPay is nothing but a “scam” after conducting confidential inquiries. Source: Cointelegraph.com Original Post: Allegedly Fraudulent Crypto Exchange Shut Down by UK High Court

Bamboozled: Gavin Andresen Says He Could Have Been Fooled by Craig Wright, BSV Supporters Speak Out

Posted on juni 30, 2020 by Blockchain News

This week a number of Kleiman v. Wright lawsuit depositions have published and are now available for public viewing. One specific deposition with the former Bitcoin Core lead maintainer, Gavin Andresen, casts…

Are Bitcoin Futures, Tether better 'safe-havens' than Bitcoin?

Posted on juni 30, 2020 by Blockchain News

COVID-19’s impact on the financial industry has been strong and noticeable. In fact, there are reasons to believe that COVID-19 will have a dynamic and significant impact on the world’s economic lands…

DeFi platform Balancer to reimburse $500k in hack losses; community threatens legal action

Posted on juni 30, 2020 by Blockchain News

It’s been a difficult 48 hours for DeFi project Balancer. Riding on the DeFi yield farming hyper, Balancer saw an influx of pool funds locked in its protocol, which in turn, attracted…

Bank of Canada Experts Say CBDC Model Should Be Made Accessible

Posted on juni 30, 2020 by Blockchain News

Some analysts from Canada’s central bank, the Bank of Canada (BoC), opined that some of the key characteristics of a proposed central bank digital currency (CBDC) model should be accessibility, efficiency, affordability,…

Survey Shows 42% of Investors Expect a $15K Bitcoin Price in 2020

Posted on juni 30, 2020 by Blockchain News

A staggering 57% of respondents said that they buy and hold cryptocurrency as a long-term investment. Source: Cointelegraph.com Original Post: Survey Shows 42% of Investors Expect a K Bitcoin Price in…

Crucial Factors to Consider Before Bitcoin Closes Its Monthly Candle

Posted on juni 30, 2020 by Blockchain News

June has been a rather uninteresting month for Bitcoin. The cryptocurrency largely ranged between $9,000 and $10,000, with each break above or below this range being fleeting. One interesting trend seen throughout…

Digitale dollar staat centraal in hoorzitting van de Amerikaanse senaat

Posted on juni 30, 2020 by Blockchain News

Tijdens een hoorzitting van de ‘Amerikaanse Senaatscommissie voor bankwezen’ vandaag stonden digitale valuta’s van de centrale bank centraal. Een publiek van senatoren, die de financiële infrastructuur willen verbeteren discussieerde over een mogelijke…

Investors Defrauded by South Korean Pyramid Scheme

Posted on juni 30, 2020 by Blockchain News

An alleged crypto pyramid scheme stole hundreds of millions of dollars from investors. Source: Cointelegraph.com Original Post: Investors Defrauded by South Korean Pyramid Scheme

Ethereum is “Hinting Danger” as Potential Distribution Pattern Emerges

Posted on juni 30, 2020 by Blockchain News

Ethereum has continued consolidating alongside Bitcoin and the aggregated cryptocurrency market The crypto is flashing some signs of weakness due to its recent break below its over-month-long trading range between $230 and…

Is there any point in wishing away Bitcoin whales?

Posted on juni 30, 2020 by Blockchain News

Wealth distribution is a tricky subject, primarily because the crisis is real and has been around for such a long time that inequality is now shockingly entrenched. Here’s a wild statistic –…

Chase Says Technical Issue to Blame After Customers Report Wildly Incorrect Account Balances

Posted on juni 30, 2020 by Blockchain News

JP Morgan Chase says a technical issue triggered concern and confusion over the weekend, as some customers logged into their accounts to discover wildly incorrect balances. On Sunday morning, customers say they…

Cardano’s ‘Shelley’ Mainnet to Launch Soon

Posted on juni 30, 2020 by Blockchain News

Cardano launches Shelly mainnet two days before Virtual Summit. Source: Cointelegraph.com Original Post: Cardano’s ‘Shelley’ Mainnet to Launch Soon

Chainlink Price Analysis: $5 Seems Less Likely As LINK’s Volume Fades

Posted on juni 30, 2020 by Blockchain News

The price slowly recovers after finding small support around $4.27. The daily decrease in volume shows that bears may be around the corner. LINK/USD: Trading Volume Is Fading Away Key Resistance Levels:…

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