Crypto Market Witnesses Odd Relationship Between Bitcoin, Ether Volatility Metrics

Bitfinex is sending massive quantities of tether tokens back to the vaults. The cryptocurrency exchange has overlapping management and owners with Tether Ltd., the company that issues a dollar-linked cryptocurrency of the same name (often abbreviated USDT). Both firms have come under increasing scrutiny following USDT's dramatic break with dollar parity last week, when the…

Apr 17, 2020 at 16:50 UTCPhoto by Birmingham Museums Trust on UnsplashBlockchain Bites: Binance vs. Ethereum, MicroBT vs. Bitmain, Libra vs. the WorldToday, Binance unveiled plans for a new smart contract blockchain competing with Ethereum, Bitcoin miner manufacturer MicroBT looks to beat Bitmain to market, and the road ahead for stablecoins looks bumpy."The industry needs…

Bitcoin (BTC) and ether (ETH) were little changed over the past 24 hours, though currencies associated with Solana and Polkadot – both alternatives to the Ethereum blockchain – were outperforming along with gaming tokens like Axie Infinity’s AXS.Bitcoin was down 2% in the last 24 hours. The price briefly dipped Wednesday after the U.S. Federal…

Bitcoin's (BTC) monthly close today may provide a strong directional bias to the leading cryptocurrency. Notably, things may get tougher for BTC if prices fail to defend the 21-month exponential moving average (EMA), currently at $6,108, as the EMA has been acting as a strong support since June. This is evident from the fact that…

Sino Global Capital’s Matthew Graham joins for a discussion of crypto, coronavirus and enterprise blockchain in China. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.When everyone wrote their 2020 crypto prediction pieces, China featured…

news An unknown entity has been taking advantage of weak private keys to gather up tens of thousands of ETH, according to a new study. The study — “Ethercombing: Finding Secrets in Popular Places” — was undertaken by Independent Security Evaluators (ISE), a security consulting firm, and published Tuesday. The company’s findings were also covered…

Spot ether (ETH) exchange-traded funds saw negative net flows in their first week as massive outflows from the incumbent Grayscale Ethereum Trust (ETHE) overwhelmed interest in the competing products. Similar bitcoin (BTC) funds, which debuted in January, raked in $1 billion net inflows during the first four days, even as they too suffered sizable outflows

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…

BlackRock’s IBIT has surpassed Grayscale’s GBTC, becoming the largest spot bitcoin ETF in the U.S.The investment giant added IBIT to its income and bond-focused funds on Tuesday.BlackRock’s spot bitcoin (BTC) exchange-traded fund (ETF) is now the largest product of its kind, flipping Grayscale's GBTC after a $102 million inflow on Tuesday.IBIT holds nearly $20 billion