Cryptocurrency News Roundup for April 29, 2020

Cryptocurrency News Roundup for April 29, 2020
фото показано с : beincrypto.com

2020-4-30 14:10

Bitcoin bulls are having quite the field day after the benchmark cryptocurrency soared nearly 20% on the 24-hour scale and is currently hovering just under $9,200. That’s significant considering there are only 12 days to go until the much-awaited Bitcoin halving 2020.

Meanwhile, some skeptics say the coming halving may be ‘priced in’ and that it may end up being a non-event compared to 2016. More optimistic analysts, however, claim that Bitcoin could head lower into the halving, but will eventually regain strength and climb towards an all-time-high sometime around Sept 2020.

We’ll keep a close eye on how things move from here as we inch closer to Bitcoin’s third halving. Meanwhile, in other big news:

Crypto-Friendly CFTC Commissioner Resigns

Brian Quintenz, the CFTC Commissioner that managed to build a good rapport with the cryptocurrency community, is stepping down after nearly five years.

Quintenz has often advocated for the self-regulation of the cryptocurrency industry, thus making himself stand out among other top officials, many of who don’t usually share his affection towards the still-nascent asset class.

Read the Full Article

Over 50M USDT Was Deposited to Binance Just Before Bitcoin’s Recent Surge

In a somewhat mysterious transaction, 50.5 million USDT was deposited onto Binance just before Bitcoin began to see a massive spike.

Within an hour of the transfer, the leading cryptocurrency surged both in terms of price and volume. The USDT was deposited to Binance’s hot wallet, indicating that it was likely for a trade.

Read the Full Article

Billionaire Bitcoin Investor Mike Novogratz on the ‘Greatest Economic Slowdown in Modern History’

Galaxy Digital CEO and billionaire Bitcoin bull, Mike Novogratz, hosted a webcast dubbed “Got Gold? Add Bitcoin” yesterday. Acknowledging that we are currently witnessing “the greatest economic slowdown in modern history,” he made quite a few interesting points about the state of the economy and global financial markets.

He also noted how we’ve learned in the last month that “even s**t we didn’t think can happen, can happen,” pointing to the negative price of oil and negative swap spreads. According to Novogratz, these are not issues that will be fixed overnight.

Read the Full Article

Bitfinex’s Cold Wallets are Being Drained of Bitcoin

In December 2019, BeInCrypto reported that Bitfinex had some 146,000 BTC in its cold wallet at the time. This number steadily increased since but is now sharply declining.

A recent tweet by Zack Voell (@Zackvoell) has shown that over 176,000 BTC had been withdrawn in the past 30 days from Bitfinex.

Read the Full Article

Bitcoin Fundamentals Strengthen While BitMEX Liquidity Struggles to Recover

Capriole Digital Asset Manager, Charles Edwards, recently tweeted a chart showing several indicators for BTC. The chart included hash ribbons, which are strong indicators that provide powerful buy or sell signals based on hash rate and difficulty moving averages.

What’s interesting about this chart is that a buy signal using this particular indicator is very rare. The last time it happened was during the peak of the great crypto-slowdown of 2018 and the market dump towards the end of last year.

Read the Full Article

The post Cryptocurrency News Roundup for April 29, 2020 appeared first on BeInCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 66898.82 (-0.22%)
Объем 24H $23.114b
Изменеия 24h: -0.01 %, 7d: 6.53 %
Cегодня L: $66031.14 - H: $67263.11
Капитализация $1317.968b Rank 1
Цена в час новости $ 8835.68 (657.14%)

bitcoin 2020 cryptocurrency currently significant 200 under

Источник: beincrypto.com

bitcoin 2020 → Результатов: 126


What’s the Bitcoin Moon Target as the Bull Market Goes ‘Warm’ with the New ATH

The bull cycle that started in 2020 has eclipsed the wild rally for 2017, and the March 2020 low of $3,800 has become a blip on the Bitcoin price chart. The latest bull cycle shows monster candles, five giant ones in a row, which has pushed the price of the leading digital currency to nearly […] The post What’s the Bitcoin Moon Target as the Bull Market Goes ‘Warm’ with the New ATH first appeared on BitcoinExchangeGuide.

2021-2-18 16:24


Фото:

2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners

Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken out by heavy rainfall and flooding, […] The post 2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners appeared first on Bitcoin News.

2020-7-24 03:00


Фото:

Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion

Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between January and June this year, it […] The post Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion appeared first on Bitcoin News.

2020-7-15 17:30


Only 27% of Circulating Bitcoin has Moved in 2020; Why This Matters

Bitcoin’s ongoing bout of sideways trading has offered little insight into its mid-term outlook. New data now shows that Bitcoin’s price action throughout 2020 has been driven by a significantly limited number of market participants, which may explain why the crypto has been ranging between $9,000 and $10,000 for over six weeks. According to one […]

2020-7-1 04:00


Фото:

Bitcoin Will ‘Come of Age’ in 2020, Says Pantera Capital CEO

Bitcoin has been named the asset with the highest year-to-date growth in 2020 according to figures released by Pantera Capital. This puts it ahead of assets like gold, oil, and real estate. Bitcoin enthusiasts have often touted that BTC is the next big investment tool to be used globally, favoring it over traditional investments like […] The post Bitcoin Will ‘Come of Age’ in 2020, Says Pantera Capital CEO appeared first on BeInCrypto.

2020-5-2 00:10


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Former BitMEX Chief Asks Court for Probation, Not Jail

Former BitMEX co-founder and CEO Arthur Hayes is asking for no jail time and permission to live overseas in anticipation of his sentencing later this month. The post Former BitMEX Chief Asks Court for Probation, Not Jail appeared first on BeInCrypto.

Bitcoin Exchange Bitmex to Require KYC for All Its Users

Cryptocurrency derivatives exchange BitMEX has announced that it will be launching a KYC program at the end of August. The news came just weeks after the exchange unveiled a new set of features for its corporate customers.

Crypto Exchange BitMEX Sued in US Over Alleged Money Laundering

Cryptocurrency derivatives exchange BitMEX is at the center of fresh legal troubles and is being sued in the United States. According to a complaint filed with the U.S. District Court for the Northern District of California, San Francisco Division, BMA LLC — the plaintiff — is suing BitMEX for alleged money laundering, wire fraud, and […] The post Crypto Exchange BitMEX Sued in US Over Alleged Money Laundering appeared first on BeInCrypto.

Lawsuit Filed Against BitMEX in California’s Superior Court Now Public

BitMEX has a lawsuit on its hands. However, it seems unlikely that the case will be able to ascertain any damages from the exchange. In late April, a lawsuit was filed against BitMEX in the Superior Court of the State of California in San Francisco, The complaint has multiple counts levied against the exchange and […] The post Lawsuit Filed Against BitMEX in California’s Superior Court Now Public appeared first on BeInCrypto.

BitMEX Donates to the Gates Foundation, Faces Backlash

BitMEX tried to be philanthropic by donating $2. 5 million to the Gates Foundation and other organizations to fight COVID-19. However, the replies were largely negative. BitMEX has announced it will be donating $2.