June 2020 | Page 2 of 180 | Last Cryptocurrency News Feed

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

A staggering 57% of respondents said that they buy and hold cryptocurrency as a long-term investment. 1497 Total views 17 Total shares A survey conducted by major crypto custodian Bitcoin IRA revealed that 42% of the platform’s customers expect Bitcoin’s (BTC) price to exceed $15,000 by the end of 2020.According to a June 29 announcement,…

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Investors Defrauded by South Korean Pyramid Scheme

An alleged crypto pyramid scheme stole hundreds of millions of dollars from investors. 1168 Total views 21 Total shares South Korean authorities are investigating a complaint filed by 950 investors who claim to be victims of a crypto-related ponzi scheme.According to TV Chosun, police are looking into reports that over 160 individuals are believed to…

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Market Wrap: Crypto Market Eerily Quiet as Bitcoin Stuck Near $9K

Jun 30, 2020 at 20:26 UTCUpdated Jun 30, 2020 at 20:27 UTCQuiet is the best word to describe the bitcoin market. Tuesday’s trading stayed within the same price range maintained over the past several weeks, with bitcoin remaining inside a tight $200 range for much of the day. Bitcoin stays in a tight range above…

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UCSF Hospital Paid $1.14M in Bitcoin After Ransomware Attack

Jun 30, 2020 at 20:12 UTCUpdated Jun 30, 2020 at 20:35 UTCUCSF Hospital Paid $1.14M in Bitcoin After Ransomware AttackAccording to a recent report by BBC News, University of California San Francisco paid hackers $1.14 million in bitcoin after a ransomware attack earlier this month. The Netwalker ransomware group is believed to be behind the attack…

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

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: $4.9, $5, $5.5 Key Support Levels: $4.27, $3.9, $3.5 LINK/USD. Source: TradingView Chainlink’s performance has been quite impressive during the second quarter of…

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Compound Changes COMP Distribution Rules Following ‘Yield Farming’ Frenzy

Jun 30, 2020 at 19:22 UTCCompound Changes COMP Distribution Rules Following ‘Yield Farming’ FrenzyThe daily distribution of the Compound protocol’s COMP token will soon change dramatically. Compound governance proposal #11 passed today at 18:37 UTC. It will go into effect in two days, after the cooling-off period passes. When that happens, it’s very likely that…

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‘It Sure Doesn’t Feel Like the Greatest Economy of All Time,’ Feat. George Gammon

Jun 30, 2020 at 19:00 UTC‘It Sure Doesn’t Feel Like the Greatest Economy of All Time,’ Feat. George GammonThe host of the rapidly growing Rebel Capitalist podcast joins to talk macro, inflation and the almighty battle for ideas. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify,…

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Cardano’s ‘Shelley’ Mainnet to Launch Soon

Cardano launches Shelly mainnet two days before Virtual Summit. 942 Total views 13 Total shares Cardano (ADA) is upgrading from “Byron” over to “Shelley”. According to an announcement from the project:“We’ve been successfully running node v 1.14.2 on the Shelley public testnet for over a week now. And we can confirm that we’ll deploy the…

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3 Reasons Why Bitcoin Price Recorded Its Third Best Q2 Performance Ever

The price of Bitcoin (BTC) recorded its strongest Q2 performance in history following a massive plunge on March 13 when the price dropped below $3,600 before eventually pushing above $10,000 over the next three months.Researchers at Skew said:“Bitcoin is having today its third best quarterly close in its young history.”Quarterly performances of Bitcoin throughout the…

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Iota Enters First Phase to Become ‘Fully Decentralized Network’ by 2021

Iota, a major blockchain project designed for the Internet of Things, or IOT, has entered the first phase in its roadmap for upgrading the network to IOTA 2.0.According to a June 30 blog post, users can now download the new Pollen release in the first fully decentralized IOTA test network.The release is the first phase…