Bitcoin News Roundup for Feb. 27, 2020

news The White House issued two advisories on drug purchases in the U.S. Wednesday, using the communications to make specific references to the role of cryptocurrencies in such transactions. The advisories, addressed to both financial institutions and digital payment platforms, state that “convertible virtual currencies,” particularly bitcoin, bitcoin cash, ethereum and monero, can be and have been…

May 14, 2020 at 10:42 UTCUpdated May 14, 2020 at 10:44 UTCCredit: Shutterstock/Nattawat JuntanuBitcoin’s Price Has Bounced But Miners May Still Be Switching Off Post-HalvingWhile bitcoin is fast reversing its pre-halving price drop, some miners still look to be leaving the network.At time of writing, the top cryptocurrency by market value is changing hands at…

Jan 14, 2020 at 00:13 UTCThe Massachusetts shilling, c. 1667 – 1682 (via the Metropolitan Museum of Art). WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S.…

news South Korean technology giant Samsung has invested 2.6 million euros ($2.9 million) into crypto hardware startup Ledger. The investment gives the startup a valuation of roughly $290 million, French business magazine Capital reported Wednesday. A spokesperson for Ledger confirmed that Samsung backed the startup, but could not confirm further details. A Samsung representative did not respond…

Dec 15, 2020 at 11:24 a.m. UTCBitcoin prices over the last 12 hours(CoinDesk 20)Bitcoin May Have Hit Wall of Profit Takers Around $19,500: AnalystBitcoin’s ascent above $19,500 was cut short early on Tuesday, possibly due to profit taking by large Asia-based investors, according to one analyst.The top cryptocurrency fell from $19,555 to $19,035, with most…

Oct 23, 2020 at 10:00 UTCUse of a divining rod observed in Great Britain in the late 18th century. Image drawn by Thomas Pennant (1726-1798)(Wiki commons)Five On-Chain Indicators Investors Should Follow: ChainalysisAnalyzing cryptocurrency markets may seem easier than traditional markets because blockchain technology has more built-in transparency, enabling anyone to analyze and audit on-chain data.…

The ether-bitcoin (ETH/BTC) ratio has reached a two-month low as bitcoin rallied amid rising market optimism over the prospects of a spot bitcoin exchange-traded-fund (ETF).Ethereum’s value against bitcoin, which has been trending downwards since the start of the month, hit 0.0615, according to data from TradingView.The weakening relationship reflects bitcoin’s more robust price gains over…

news Another participant is entering the decentralized finance (DeFi) fray. The Sequoia-backed data management startup, Band Protocol, announced Monday the mainnet of its decentralized trading app. The dapp functions as a brokerage – without a centralized authority to confirm prices or collect fees – for ether-denominated binary options. Dubbed BitSwing, users can take long or…

London-based Keyring raised $6 million in venture capital funding to expand its on-chain compliance platform, which is targeted to institutional investors and protocols, the firm said Tuesday.Gumi Cryptos Capital and Greenfield Capital led the seed investment round, with Motier Ventures, Kima Ventures and others also participating, the company said.01:50Crypto Market Leaders and Laggards in 202301:11DeFi