Category: Crypto

Effects of the #Bitcoin halving are already apparent, and that’s huge for BTC’s bull case (via @_Nick_Chong) Insight via @GrayscaleInvest https://cryptoslate.com/effects-of-the-bitcoin-halving-are-already-apparent-and-thats-huge-for-btcs-bull-case/ Read More: Effects of the #Bitcoin halving are already apparent, and that's huge for BTC's bull case (via @_Nick_Chong) Insight via @GrayscaleInvest

Mounting utility may be driving massive #Ethereum accumulation trend (via @ColePetersen14) https://cryptoslate.com/mounting-utility-may-be-driving-massive-ethereum-accumulation-trend/ Read More: Mounting utility may be driving massive #Ethereum accumulation trend (via @ColePetersen14)

Libra Can Boost Facebook’s Ad Revenue, CEO Mark Zuckerberg says | Ethereum-Based Search Engine to Pay Back $25 Million in Settlement With SEC | Samsung Blockchain Wallet Offers Integration With Gemini Exchange in North America Read More: Market Analysis Report (29 May 2020)

A giant repositioning since December 2017 is about to come to a close, claims Positive Crypto, leading to new price all-time highs. Read More: Bitcoin 896-Day ‘Accumulation’ Will Now Spark 0K Bull Run — Analyst

A U.S. think tank working towards a digitized dollar has released a white paper detailing inaugural aims and use cases for a central bank digital currency. Read More: Digital Dollar Project Releases White Paper Laying Out Groundwork for US CBDC

The United States Securities and Exchange Commission ordered crypto firm BitClave to return $25.5 million to investors. Read More: SEC Orders ICO Startup to Return .5M to Investors

The head of Russia’s parliamentary finance commission head has spoken out about new proposed legal amendments, details of which were released in the press – claiming that the measures will not criminalize cryptocurrency, such as bitcoin (BTC), purchases, and could even provide Russian crypto owners with limited property rights. Subsequent media reports in Russia and […]

Source: Adobe/salomonus_ A group pushing for the United States to adopt a digital dollar has warned that failure to launch a central bank digital currency (CBDC) could cost the country dear – and could see the USD lose its status as the world’s reserve currency. In its first white paper, the Digital Dollar Project wrote, […]

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Legal news Major investment bank JPMorgan Chase has agreed to pay USD 2.5 million to settle a class-action lawsuit over its decision to begin treating purchases of cryptocurrency with Chase credit […]

The Digital Dollar Project’s first white paper describes how a two-tiered system underpinning a tokenized dollar could modernize the U.S. financial system. Read More: Digital Dollar Project Calls for 2-Tiered Distribution System in First White Paper for US CBDC

Ethereum startup Magic just raised $4 million from investors like Naval Ravikant, SV Angel, Placeholder and Volt Capital to make passwords less of a pain. Read More: ‘Passwordless Login’ Startup Magic Raises M From Naval Ravikant, Placeholder

A new TV series tracking the story of Disney-linked blockchain firm Dragonchain was fully funded in cryptocurrency. It’s scheduled to go live July 4 on Discovery Science. Read More: Discovery Science to Premier Crypto-Funded TV Series About… Dragonchain?

Campaigners against Section 230 said Trump’s intervention might derail their cause, but it could offer an opportunity for decentralized tech. Read More: In Trump Versus Twitter, Decentralized Tech May Win

#Ethereum stands to benefit greatly from DeFi “eating” traditional finance: analysts (via @_Nick_Chong) Insight via @CamiRusso @twobitidiot @RuneKek https://cryptoslate.com/ethereum-stands-to-benefit-greatly-from-defi-eating-traditional-finance-analysts/ Read More: #Ethereum stands to benefit greatly from DeFi "eating" traditional finance: analysts (via @_Nick_Chong) Insight via @CamiRusso @twobitidiot @RuneKek

Reddit’s Fortnite gamers are bigger crypto adopters than r/Cryptocurrency (via @shauryamalwa) https://cryptoslate.com/reddits-fortnite-gamers-are-bigger-crypto-adopters-than-r-cryptocurrency/ Read More: Reddit's Fortnite gamers are bigger crypto adopters than r/Cryptocurrency (via @shauryamalwa)

On May 29, CME BTC contracts expire, meaning Bitcoin price could experience volatility before and after the expiry. Read More: Bitcoin Volatility Expected as 8M in BTC Derivatives Expire Friday

Bitpay won’t be using Lightning or Liquid any time soon, with actual Bitcoin payments still accounting for 95% of transactions. Read More: Bitpay Shuns Lightning and Liquid, Says Actual Bitcoin Payments Still Dominate

The Ethereum Foundation has postponed Devcon VI until 2021 and will host it in Bogota, Colombia. Read More: Devcon 6: 2020 is a Write-Off, Let’s Try 2021 in Columbia

Financial experts and crypto exchanges say they are confident that as Russia comes out of lockdown, crypto trading and investment will continue to grow. But others warn that some locked-down crypto first-timers will exit the market – although they may not be missed. As previously reported, Russian exchanges and crypto sites reported a large uptick […]

A China Telecom executive has hinted that the digital yuan and third-party payment apps will likely co-exist in the same financial ecosystem – although he stopped short of saying whether or not the forthcoming central bank-issued token would be interoperable with apps such as WeChat Pay and AliPay. Per JRJ, Jiang Wei, the chair of […]

Slow and steady, but Cardano’s Shelley was built diligently and systematically (via @priyeshugarg) https://cryptoslate.com/slow-and-steady-but-cardanos-shelley-was-built-diligently-and-systematically/ Read More: Slow and steady, but Cardano’s Shelley was built diligently and systematically (via @priyeshugarg)

One of #Bitcoin’s earliest developers suggests crypto trading is all speculation and no tech (via @shauryamalwa) Insight via @gavinandresen https://cryptoslate.com/one-of-bitcoins-earliest-developers-suggests-crypto-trading-is-all-speculation-and-no-tech/ Read More: One of #Bitcoin's earliest developers suggests crypto trading is all speculation and no tech (via @shauryamalwa) Insight via @gavinandresen

Charles Hoskinson discussed the effort that went into building Shelley, the upcoming staking era of the Cardano blockchain. The CEO of IOHK said that the company’s “slow and steady” approach to development turned out to be much better in the long run, as it facilitates the creation of an even playing field for every other […]

Coinbase Outbids Binance to Acquire Crypto Prime Broker Tagomi | Bitcoin Is Not a Viable Investment for Client Portfolios, Goldman Sachs Says | Australian Investment App Launches Portfolio With Bitcoin Allocation Read More: Market Analysis Report (28 May 2020)

Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the… Read More: Grayscale Is Now Buying 1.5 Times the Amount of Bitcoin Being Mined