Laszlo Dobos · 14 hours ago · 1 read
The world witnessed unprecedented inflation rates throughout the past several months, with the economic turbulence seen recently catalyzing unprecedented economic involvement from governments across the globe – leading many to claim that this has vindicated Bitcoin’s purpose.
China: Banks and Alipay won’t shut Bitcoin accounts, 70 percent of firms see blockchain as an economic boost
Reports on China shutting down bank accounts for individual Bitcoin traders and OTC firms are unfounded and untrue, a local investigation found this week.
Bitcoin (BTC) transaction fees fall below $1 while Ethereum GAS usage reaches ATHs
The world’s two largest cryptocurrency protocols are showing great promise in terms of network activity and inclusivity.
South Korea launches its digital currency committee as China’s Digital Yuan efforts speed up
South Korean efforts to launch a native digital currency are speeding up as China’s digital yuan continues to be extensively tested across the country.
Fund manager: If Bitcoin passes $10,500, price could surge as BTC enters “thin air”
Save for a few hours of price action deviation here and there, Bitcoin has effectively traded in a $1,500 range for nearly two months.
Bitcoin’s fundamental health slides as investors grow bearish, but whales don’t seem to care
The overall state of the Bitcoin network degraded again this past week, with the latest slide primarily being driven by waning sentiment amongst the cryptocurrency’s retail traders.
Wall Street veteran is predicting a 50% decline in the S&P 500, potentially hurting Bitcoin’s prospects
It’s been a frenzy for both Bitcoin and the stock market over recent months.
Ethereum has seen an evolution in it is utility throughout the past several years.
Forbes founder says Bitcoin and cryptocurrencies protect from unstable financial policies; urges further development
The world’s billionaires and influential businessmen are increasingly speaking on Bitcoin as a hedge and investment while calling out the excessive money printing in the United States and uncertainty in financial markets.
Forget kittens, Chainlink’s verifiable randomness now brings fair winnings to “ChainFaces” golf games
A recently-launched project is now utilizing Chainlink to power golf games, building on the latter’s verifiable randomness function (VRF) that brings fair, “truly random” results on online games.
BlockDown 2020 speaker lineup to feature industry heavyweights
Scheduled to take place from June 18 to June 19, the BlockDown virtual conference will feature some of the most prominent voices in the crypto industry.
Ethereum’s Vitalik Buterin challenges forecast saying the halving may boost Bitcoin’s price, joining stock-to-flow critics
If you were to ask a Bitcoin investor what makes the cryptocurrency valuable, they would likely say something about the cryptocurrency’s block reward “halvings.” Every four years, the number of BTC issued per block gets cut in half, resulting in an effective 50 percent reduction in the inflation rate of the cryptocurrency.
There are now over 200 stake pools on the Cardano (ADA) Shelley testnet
A week after the Cardano (ADA) Shelley friends and family testnet opened up to all operators, IOHK reported that the network count of stake pools has surpassed 200.
U.S. bank JPMorgan: Bitcoin shows “strong” resilience even after massive price plunges, cryptocurrency is here to stay
JPMorgan Chase, one of the world’s largest banks with $2.6 trillion under management, acknowledged Bitcoin’s “staying” power earlier this week.
Blow to miners: Bitcoin to see largest difficulty adjustment since 2018 as hash rate rockets
Bitcoin’s halving that took place in May struck a serious blow to miner’s profitability, causing many smaller operations to shut off their rigs due to the 50% block rewards reduction that came about as a result of this event.
From its all-time high price just shy of $1,500, Ethereum down by just around 85 percent.
There’s now 3.0M Bitcoin wallets holding over 0.1 BTC; Pointing to mass retail accumulation
Bitcoin’s bout of consolidation has caused investors to grow increasingly fearful that its recent multi-month uptrend is in peril.
South Korean academics say Bitcoin a “risky but rewarding” investment even as financial markets turn into a casino
Global turmoil in financial markets is leading to some touting Bitcoin as a possible alternative investment, eleven years after the pioneer was developed.
New Glassnode metric calculates profit/loss for “moved” Bitcoin, “Whales” seen stacking up on BTC
Onchain providers like Glassnode and Skew are known for providing institutional-level, sophisticated metrics to the everyday crypto trader.
China report claims a hacked crypto-exchange is behind three abnormal multi-million Ethereum (ETH) fees
Since the past few days, certain, and rather strange, transactions are stirring up debate in the Ethereum community.
JP Morgan thinks Bitcoin is trading like the S&P 500, hurting the BTC bull case
Two weeks ago, two executives of the multinational financial services company Goldman Sachs came out against Bitcoin.
While Ethereum has seen many technical improvements over the years, the past few months have flashed a few signs that change is needed.
Chainlink‘s parabolic uptrend in question despite signs of fundamental strength
Chainlink’s immense strength seen throughout the past couple of years may soon come to a conclusion.