Posts

Showing posts from May, 2019

Bitcoin Shines Amid Wall Street Losses

❏ Bitcoin decoupled from traditional markets in the month of May, rising more than $3,000. ❏ CoinDesk

Bitcoin Price Looks Poised for Pullback But June Could Revive Rally

❏ Bitcoin is teasing a short-term bearish reversal at the onset of the historically strong month of June. ❏ CoinDesk

Bitcoin’s Price Fades Rally Above $9,000

❏ Bitcoin's price pierced $9,000 earlier today for the first time in over a year but quickly retreated to price levels sub $8,600. ❏ CoinDesk

‘Everyone Can Be Satoshi’: Wei Liu Breaks Silence on Bid to Contest Craig Wright’s Bitcoin Copyright

❏ Crypto trader Wei Liu says he registered a copyright on the Satoshi White Paper to poke fun at what he calls the "cult of CSW." ❏ CoinDesk

Bitcoin Remains on Hunt for $9K After Defense of Key Price Support

❏ Bitcoin still has potential for a move to $9,000, having established a bullish pattern at key price support in the last 24 hours. ❏ CoinDesk

Another Satoshi: Second Copyright Filing Appears for Bitcoin White Paper

❏ Craig Wright now has a legal rival for claimed authorship of the bitcoin white paper, as a second registration is filed with the U.S. Copyright Office. ❏ CoinDesk

China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants

❏ Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval. ❏ CoinDesk

Associated Press Rules ‘Crypto’ Isn’t a Substitute for ‘Cryptocurrency’

❏ Cryptocurrency, bitcoin, and ethereum finally make it into the venerable AP Stylebook. ❏ CoinDesk

Scammers Boost BSV Price With Fake Satoshi Confirmation

❏ Scammers boosted the price of bitcoin SV with a fake news alert purporting to show BSV's creator is also bitcoin's. ❏ CoinDesk

Bitcoin Price Eyes Longest Monthly Winning Run Since 2017

❏ Bitcoin is on track to register its longest winning streak since August 2017, with four consecutive months of price gains. ❏ CoinDesk

Bitcoin’s ‘Toxic’ Twitter ‘Culture War’ Explained

❏ A flare-up between developers, startup members and other members of the ecyostem around bitcoin raised a range of questions over the weekend. ❏ CoinDesk

Korean Government Plans Action Over Risks of Resurgent Crypto Market

❏ With the price of bitcoin surging, the South Korean government has held an inter-agency emergency meeting over the risk for investors. ❏ CoinDesk

Bitcoin Price Raises Bull Flag in Preparation for Possible Move Higher

❏ Bitcoin has formed a technical pattern called a “bull flag” on the hourly chart – a pause that often refreshes higher. ❏ CoinDesk

Bitcoin Price Backs Off 12 Month Highs, But Bias Remains Bullish

❏ Bitcoin has retreated from 12-month highs over $8,900 hit earlier today, but prices are holding well above key support at $8,390. ❏ CoinDesk

Public Perceptions of the Bitcoin Spot Market Are Wrong, Says Bitwise

❏ Today's bitcoin spot market is “significantly" smaller and more efficient than is generally perceived, argues a Bitwise Asset Management paper. ❏ CoinDesk

Bitcoin Hits New 2019 High Above $8,900

❏ Bitcoin's price has once again set a new high for 2019 after breaking out from a bullish pattern on the daily chart, reaching as high as $8,905. ❏ CoinDesk

What Will It Take to Regulate Crypto Exchanges?

❏ Regulation is needed to maintain neutrality among exchanges, but it might not be around the corner, argues Konstantinos Stylianou. ❏ CoinDesk

Bitcoin Cash Miners Undo Attacker’s Transactions With ‘51% Attack’

❏ Two mining pools recently carried out a 51 percent attack on the bitcoin cash blockchain. ❏ CoinDesk

Lightning App for Sending Bitcoin Tips on Twitter Is Now Easier to Use

❏ An app that lets you send lightning tips via Twitter just got a 1.0 software release with a set of new features. ❏ CoinDesk

Blockstream’s Samson Mow Is Launching a Space Alien Gaming Token on Bitcoin

❏ Bitcoin... in space? A company led by Blockstream CSO Samson Mow is looking to bridge the worlds of crypto and online gaming. ❏ CoinDesk

Long-Term Bitcoin Price Indicator Rises for First Time in a Year

❏ Bitcoin has moved back above $8,000 as a widely followed long-term indicator turns bullish for the first time in over a year.  ❏ CoinDesk

LocalBitcoins Bans Bitcoin Buying in Iran in Blow to Rising Crypto Commerce

❏ Another crypto buying and selling service has banned Iranian users, pushing them toward anonymous decentralized exchanges. ❏ CoinDesk

Robinhood Opens Trading for 7 Cryptocurrencies in New York

❏ Five months after receiving a BitLicense, Robinhood is now offering ethereum and bitcoin trading in New York State. ❏ CoinDesk

Price Dip Leaves Bitcoin Exposed to $7.2K Support

❏ Bitcoin dived out of a narrowing price range on Wednesday, opening the doors for a deeper drop to $7,200. ❏ CoinDesk

Swiss Watchmaker Franck Muller Launches ‘Functional’ Bitcoin Timepiece

❏ Swiss luxury watchmaker Franck Muller has launched a limited-edition bitcoin timepiece dubbed “Encrypto” that comes with a cold wallet. ❏ CoinDesk

Coinstar Expands Bitcoin Buying Service to Cover 21 US States

❏ Kiosk network Coinstar has expanded its bitcoin-buying service, adding around 100 new outlets and growing U.S. coverage to 21 states. ❏ CoinDesk

US Copyright Office Says It Does Not ‘Recognize’ Craig Wright as Satoshi

❏ No, the U.S. government didn't officially recognize Craig Wright as Satoshi. ❏ CoinDesk

EU Authorities Shutdown On Bitcoin Transaction Mixer

❏ A bitcoin transaction mixer has been seized and shut down by authorities in the European Union. ❏ CoinDesk

Bitcoin Price Stuck Around $8K But Still Up Nearly 50% This Month

❏ Bitcoin is teasing a downside break of its recent trading range, having again faced rejection above $8,000 today. ❏ CoinDesk

Israeli Court Rules Bitcoin Is an Asset in Feud Over Tax Payment

❏ An Israeli court has ruled against an investor in declaring bitcoin is an asset and not a currency, and thus subject to capital gains tax. ❏ CoinDesk

Crypto Lending Startup BlockFi Slashing Interest Rates on Ether Deposits

❏ Crypto lending startup BlockFi is almost halving the interest rates it offers on ether deposits, while some bitcoin rates will increase slightly. ❏ CoinDesk

Traders Accused of Illegally Collecting $56 Million in Bitcoin for Loan Scheme

❏ Two OTC traders in China have been accused of illegally soliciting over 7,000 bitcoin in deposits for a supposed loan offering. ❏ CoinDesk

Dutch Man Arrested Over $2.2 Million Bitcoin Mining Fraud

❏ A man has been arrested in the Netherlands for allegedly scamming investors out of over $2.2 million in a fake bitcoin mining scheme. ❏ CoinDesk

Craig Wright Is Playing Three-Dimensional Checkers

❏ Craig Wrights efforts to copyright the Bitcoin archives are genius in a very special way. ❏ CoinDesk

Bitcoin SV Suddenly Surges 200% As Wright Copyrights Satoshi White Paper

❏ Bitcoin SV (BSV) suddenly surged more than 200 percent on some exchanges after Craig Wright promises to revert Bitcoin White Paper copyright to the Bitcoin Association. ❏ CoinDesk

Craig Wright Attempts to Copyright the Satoshi White Paper and Original Bitcoin Code

❏ Craig Wright has filed copyright registrations for the original Satoshi white paper and bitcoin code with the U.S. Copyright Office. ❏ CoinDesk

Bitcoin’s Repeated Failures to Pass $8.3K Raise Risk of Price Pullback

❏ Bitcoin has failed three times in seven days to find acceptance above $8,300, raising the risk of a notable short-term correction. ❏ CoinDesk

NYSE Arca Seeks Rule Change to List ETF Backed by Bitcoin and T-Bills

❏ NYSE Arca has formally applied to the SEC for a rule change that would let it list shares in a proposed bitcoin trust managed by Wilshire Phoenix Funds. ❏ CoinDesk

SEC Postpones Decision on VanEck/SolidX Filing in Latest Bitcoin ETF Setback

❏ The U.S. Securities and Exchange Commission (SEC) has again delayed a decision on a bitcoin exchange-traded fund (ETF) proposal. ❏ CoinDesk

First Since 2017: Bitcoin Price Logs Double-Digit Gains for Third Week

❏ Bitcoin has registered double digit gains for three consecutive weeks – a feat last seen at the height of the bull market in 2017. ❏ CoinDesk

I Underestimated Just How Many Subpoenas I Would Get

❏ The number of subpoenas early crypto companies got from misinformed government agencies was "staggering," says Bloq's Steve Beauregard. ❏ CoinDesk

My Bank Account Was Frozen for Bitcoin – And It Only Made Me Love Crypto More

❏ The guy who coined the term "hodl" has a real bitcoin story that only made his interest in the technology stronger. ❏ CoinDesk

Bitcoin and Blockchain: The Tangled History of Two Tech Buzzwords

❏ The word "blockchain" isn't used in the bitcoin white paper, the document that started it all. So, how did the term take off as a buzzword? ❏ CoinDesk

About That Orange B… The History of Bitcoin’s Logos

❏ Can a logo symbolize the ethos of a project? An industry? An entire movement? Bitcoin's might have come close. ❏ CoinDesk

Bloq Labs’ Titan Aims to Simplify Crypto Farming

❏ Titan is a one-step crypto miner management system from Bloq Labs. ❏ CoinDesk

Bitfinex Will List Its New Exchange Token Starting Monday

❏ Bitfinex will list its LEO exchange token on Monday, trading against bitcoin, ether, EOS, tether and the U.S. dollar. ❏ CoinDesk

Bitcoin Suffers Biggest Intraday Price Drop for Over a Year

❏ Amid extremely overbought conditions, bitcoin has fallen by $1,700 on Friday – its biggest intraday price drop since January 2018. ❏ CoinDesk

Bitcoin Drops $1,000 In Value Amid Market Sell-Off

❏ Bitcoin has once again come into contact with a greater crypto market sell-off, slashing its price by more than $1000. ❏ CoinDesk

Bitcoin Faces Price Correction Toward $7.6K, Technical Charts Suggest

❏ Bitcoin is facing a price correction to well below $8,000, as exhaustion leaves the bulls unable to hold onto fresh 10-month highs hit earlier today. ❏ CoinDesk

Just 376 Individuals Hold 33% of All Ether Cryptocurrency: Chainalysis

❏ A third of all ether is owned by just 376 whales, blockchain analysis firm Chainalysis says. Yet that number is down from some previous years. ❏ CoinDesk

Can Bitcoin Win the Digital Payments ‘Gauge War’?

❏ Bitcoin could learn a lesson from the railways, says Simon Johnson: For the customer, it’s just about getting from A to B fastest and cheapest. ❏ CoinDesk

Bitcoin Cash’s Scheduled Hard Fork Tripped Up By Software Bug

❏ The bitcoin cash network forks after a bug emerged in the upgrade software, leading developers to put together a hotfix. ❏ CoinDesk

Blockstream Launches Security Token Platform on Bitcoin Sidechain

❏ Blockstream, the bitcoin-focused startup, is creating a new security token platform on its Liquid sidechain network. ❏ CoinDesk

Bitcoin Price Rally Stalls As Ether, XRP Shine

❏ With bitcoin's rally showing signs of exhaustion above $8,000, investors have started pouring money into relatively cheap alternatives. ❏ CoinDesk

Bitcoin in Space? It Helps With Connection Woes, Says Blockstream’s Adam Back

❏ Beaming bitcoin from satellites might sound far-fetched, but there are serious use cases, according to Adam Back, CEO of Blockstream. ❏ CoinDesk

The Blockchain Paradox

❏ Blockchains offer potential solutions to deep-seated problems in society, but their own governance issues need to be solved first, writes Pindar Wong. ❏ CoinDesk

SEC Again Delays Decision on Bitwise Bitcoin ETF Approval

❏ A filing from the SEC Tuesday did not advance one of several bitcoin ETF proposals currently waiting for regulatory sign-off. ❏ CoinDesk

TD Ameritrade Exec: Tens of Thousands of Our Clients Are Interested in Crypto

❏ Fluctuations in the price of bitcoin have not affected overall interest in futures tied to the cryptocurrency, a TD Ameritrade executive said on Tuesday. “We get calls, emails, 60,000 clients have traded something in this complex,” Steven Quirk, TD Ameritrade executive vice president, remarked during a panel at CoinDesk’s Consensus 2019. As Quirk said later: […] ❏ CoinDesk

RIF Launches ‘Layer 3’ Network to Scale Bitcoin-Based Smart Contracts, Tokens

❏ RIF Labs, which built the RSK sidechain for tokens and smart contracts on top of bitcoin, has launched a "third layer" to help scale this technology. ❏ CoinDesk

Bitcoin’s Monthly Price Gains Already Highest Since November 2017

❏ Bitcoin clocked fresh 10-month highs earlier today and currently appears on track to post its biggest monthly rise since late 2017. ❏ CoinDesk

The Elk Is a Tiny Prototyping Board for Building Blockchain-Connected Devices

❏ Elk aims to make it easy to connect hardware devices to blockchains and control electronic components or accept payments. ❏ CoinDesk

HTC Has Added In-Wallet Crypto Swaps to Its EXODUS Phone

❏ HTC has added Kyber Network’s liquidity protocol to its blockchain phone, enabling direct swaps between ERC-20 cryptocurrencies. ❏ CoinDesk

Proposal’s Merger Paves Way for New Bitcoin Lightning Features

❏ A new routing proposal is expected to be merged today into the official “specifications” of lightning, the technology many advocates trumpet as the fix to bitcoin’s long-standing payment problems. Christian Decker, one of the most prolific lightning developers who engineers for the tech startup Blockstream, pointed out that the proposal, which he wrote, is moving on […] ❏ CoinDesk

Up $1,200: Bitcoin Price Surges Above $8K

❏ The price of bitcoin (BTC) rose above $8,000 after surging more $1200 today alone, ❏ CoinDesk

Tor Makes Launching Bitcoin Lightning Nodes Easier for Users, Casa Finds

❏ Casa CTO Jameson Lopp explained how Tor leapfrogs some of the thorny networking hurdles that come with setting up a node. ❏ CoinDesk

$7,900: Bitcoin’s Price Extends Gains to Hit 9-Month High

❏ Bitcoin (BTC) extended its recent gains today, jumping 16 percent to its highest price since July 31, 2018. ❏ CoinDesk

Bakkt Sets July Test Date for Bitcoin Futures

❏ Bakkt announced Monday it would be testing its bitcoin futures products in July. ❏ CoinDesk

You Can Now ‘Spedn’ Bitcoin at GameStop, Barnes & Noble and More

❏ Payments startup Flexa has released a crypto wallet called SPEDN to help brick-and-mortar retailers accept cryptocurrencies. ❏ CoinDesk

Microsoft Launches Decentralized Identity Tool on Bitcoin Blockchain

❏ A new decentralized ID solution from Microsoft built directly on the bitcoin blockchain could have far-reaching impacts. ❏ CoinDesk

Bitcoin Has Recovered Nearly 25% of Its Bear Market Price Losses

❏ Despite a pullback from 9-month highs overnight, bitcoin has still clawed back nearly a quarter of the losses since its late-2017 record high. ❏ CoinDesk

Above $7.5K: Bitcoin Price Hits Highest Level Since August 2018

❏ Bitcoin’s price rose above $7,500 on most exchanges for the first time today in over 9 months marking a resurgence of the crypto bull market. ❏ CoinDesk

$1 Million Bitcoin Scavenger Hunt Attracts 60,000 Digital Sleuths (And New Investors)

❏ Satoshi's Treasure has attracted enough sponsorship to continue making crypto-centric games even after someone wins this initial prize. ❏ CoinDesk

GoTenna Partners With Blockstream Satellite to Make Using Bitcoin Without an Internet Connection Simpler

❏ Sending bitcoin transactions without an internet connection just got a little bit easier. Announced at the Magical Crypto Conference on Saturday in New York City, Blockstream Satellite and goTenna are integrating their technologies to make it easier to send bitcoin transactions with technology used to onboard people without direct internet connections. Blockstream Satellite is a […] ❏ CoinDesk

HTC Says Its Next Smartphone Will Run a Full Bitcoin Node

❏ HTC plans to release a low-cost smartphone capable of running a full bitcoin node by the end of Q3. ❏ CoinDesk

Bitcoin Price Hits 8-Month High Close to $7K

❏ Bitcoin surged to an eight-month high of $6,964 earlier today, as a bull cross of long-term moving averages occurred for the first time since 2015. ❏ CoinDesk

Cannacord Analysts Predict Bitcoin Price Return to $20K In 2021

❏ Analysts predict that bitcoin's price will return to its $20K high in March 2021. ❏ CoinDesk

What’s Holding Back Bitcoin in Venezuela? This Group Is Investigating

❏ The Open Money Initiative is bringing insights from Venezuela to help crypto startups make better tools for people in distressed economies. ❏ CoinDesk

As Bitcoin Continues Its Climb, Top Altcoins Also Tease Breakout

❏ Bitcoin's ascent continues, with prices hitting new multi-month highs earlier today, and other top cryptos may soon join the party. ❏ CoinDesk

Crypto Exchange Binance Says It’s Revamping Security in Post-Hack Update

❏ Cryptocurrency exchange Binance said it is revamping security measures after losing some 7,000 bitcoin in a hack earlier this week. ❏ CoinDesk

A New Crypto ETF Has Just Been Filed With the U.S. SEC

❏ A prospectus for a new bitcoin and ether-based exchange-traded fund has just been filed with the U.S. Securities and Exchange Commission. ❏ CoinDesk

All of It Dark, All of It P2P: After the Binance Hack, Bitcoin Doesn’t Cut It

❏ That Binance could have colluded with miners to roll back hack transactions means bitcoin is not resistant enough to censorship, says Amir Taaki. ❏ CoinDesk

Halving Rally: Litecoin’s Price Logs Biggest Monthly Winning Streak Since 2017

❏ Litecoin's next block reward halving is now less than 90 days away, but the world's sixth largest cryptocurrency may still have room to run before investors "sell the news." ❏ CoinDesk

Weekly Bitcoin Price Indicator Prints Strongest Bull Signal Since Early 2018

❏ Bitcoin's weekly relative strength index (RSI) has printed its highest value since 2018, showing its momentum is firmly back in bullish territory. ❏ CoinDesk

Desktop Crypto Mining App HoneyMiner Comes to MacOS

❏ HoneyMiner, the desktop-based crypto miner, now works on MacOS. ❏ CoinDesk

Fundamental Labs Fund to Invest $44 Million in Brand-New Bitcoin Miners

❏ A bitcoin mining fund is investing $44 million in brand-new hardware, a longer-term bet than most are making. ❏ CoinDesk

Bitcoin’s Market Share Hits 8-Month High as Price Passes $6K

❏ Bitcoin's recent rally looks sustainable, according to the charts, and the cryptocurrency's rising dominance rate suggests investors are bullish. ❏ CoinDesk

Above $6,000: Bitcoin’s Price Spikes to 6-Month High

❏ The price of bitcoin (BTC) rose above $6,000 today with a market cap above $100 billion for the first time in nearly six months. ❏ CoinDesk

DeepDotWeb Defendants Used Bitcoin to Hide Criminal Proceeds, Say Feds

❏ U.S. authorities formally charged the moderators of DeepDotWeb with money laundering using bitcoin and other crimes. ❏ CoinDesk

What a Bitcoin ‘Reorg’ Is and What Binance Has to Do With It

❏ The suggestion to reverse transactions on the bitcoin blockchain has caused an uproar on social media with several community members espousing such an idea is not only infeasible but reckless. ❏ CoinDesk

Hackers Are Shuffling Binance’s Stolen Bitcoin

❏ The Binance hackers are moving their stolen BTC into smaller and smaller wallets in an effort to hide their tracks. ❏ CoinDesk

Children of the Crypto Revolution – Join Us!

❏ Crypto is the new counterculture, and you, yes you are invited. You gotta start believing! ❏ CoinDesk

Bitcoin Price Retreats But Bull Case Intact Above $5.7K

❏ Bitcoin's bullish case is still intact after a pullback from 5.5-month highs, but prices must be held above key support at $5,700. ❏ CoinDesk

Binance May Consider Bitcoin Rollback Following $40 Million Hack

❏ Binance CEO Changpeng Zhao said the team is deciding on whether it will do a rollback on the bitcoin network after hackers stole 7,000 bitcoin. ❏ CoinDesk

Hackers Steal $40.7 Million in Bitcoin From Crypto Exchange Binance

❏ Crypto exchange Binance has disclosed a 7,000 BTC loss following the discovery of what it called a "large scale security breach." ❏ CoinDesk

Bitmain Discloses 88% Drop In Its Own Bitcoin Mining Power

❏ Bitmain's internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting the industry giant has cut capacity. ❏ CoinDesk

FTC Sues Smart Backpack Crowdfunder Who Spent Proceeds On Bitcoin

❏ The Federal Trade Commission is suing a crowdfunder who promised a smart backpack but instead spent the proceeds on bitcoin. ❏ CoinDesk

Privacy Cryptocurrency Grin Receives Mysterious $300K Bitcoin Donation

❏ The developers behind the cryptocurrency project Grin are reporting that they have received an anonymous donation of 50 BTC. ❏ CoinDesk

Bitcoin Price Eyes Break Above $6,000 Ahead of New York Blockchain Week

❏ Bitcoin is gaining altitude in line with the bullish developments on the technical charts and could soon rise above the psychological level of $6,000. ❏ CoinDesk

‘One-Stop Shop’ for Crypto Mining and Trading to Launch Spot Market May 23

❏ Crypto mining and exchange startup Bcause is weeks away from launching a spot trading market for bitcoin, ether, bitcoin cash and litecoin. ❏ CoinDesk

Bitcoin Miners Send Message at Fidelity: We Run on Clean Energy, Not Dirty Coal

❏ Bitcoin miners made the case for their industry as a driver of clean energy adoption, rather than an ecological disaster, at Fidelity’s Mining Summit. ❏ CoinDesk

Pieter Wuille Unveils Two Proposals for Upcoming Bitcoin Privacy Soft Fork

❏ Bitcoin developer Pieter Wuille unveiled two proposals today that offer new plans for bitcoin's possible next big upgrade. ❏ CoinDesk

Buffet Calls Bitcoin a ‘Gambling Device’

❏ Warren Buffet told reporters at Berkshire Hathaway’s annual meeting in Omaha, Nebraska that he still couldn't support bitcoin. ❏ CoinDesk

Report: Fidelity to Roll Out Crypto Trading ‘Within a Few Weeks’

❏ Fidelity is launching cryptocurrency trading service for institutional customers “within a few weeks," according to Bloomberg source. ❏ CoinDesk

Craig Wright Ordered to Disclose Bitcoin Addresses in Kleiman Court Case

❏ A U.S. court has ordered self-proclaimed bitcoin inventor Craig Wright to disclose bitcoin addresses from 2013 in an ongoing lawsuit. ❏ CoinDesk

Bitcoin Risks Pullback After Rejections at Key 2018 Price Hurdle

❏ Bitcoin could be in for a price pullback, having faced rejection at the June 2018 bottom for three consecutive days. ❏ CoinDesk

Regulators Ready to Approve Ethereum Futures, CFTC Insider Says

❏ The CFTC is willing to approve an ether futures contract – provided it ticks all the right boxes, a senior official said. ❏ CoinDesk

Bitfinex’s Bitcoin Price Excluded from CoinMarketCap Average Calculation

❏ Crypto data provider CoinMarketCap has excluded bitcoin prices provided by the troubled Bitfinex exchange from its weighted average calculation. ❏ CoinDesk

Banking, Bitfinex and the Hidden Irony of Crypto’s Newest Controversy

❏ When I visited some early bitcoin startups in Hong Kong five years ago, they were unanimous about their biggest challenge: finding a bank that would let them open an account. ❏ CoinDesk

Bitcoin’s Lightning Comes to Apple Smartwatches With New App

❏ A new app for the Apple Watch has been launched by bitcoin startup Bluewallet, which connects users to the nascent lightning network. ❏ CoinDesk

As Gold Prices Stumble, Inverse Correlation with Bitcoin Reaches 14-Month High

❏ Correlation isn't causation but it looks like gold's fall is driving BTC up. ❏ CoinDesk

NYPD Warns $2 Million Stolen in Scam Involving Bitcoin

❏ The New York Police Department warned the public to be aware of phone scams where callers impersonate government officials and demand payments in bitcoin. ❏ CoinDesk

Bitcoin Price Spikes to Fresh 5-Month Highs Above $5,700

❏ Bitcoin's price hit 5.5-month highs above $5,700 soon before press time, bolstering both short- and long-term bullish views. ❏ CoinDesk

Bitcoin Mining’s New Bidding War

❏ The cost of secondhand cryptocurrency mining equipment in China has nearly doubled in the last few weeks in response to bitcoin’s price jump. ❏ CoinDesk

Crypto ‘Winter’ Is Giving Bakkt’s Bitcoin Futures Plan a Boost, ICE Chief Says

❏ ICE CEO Jeffrey Sprecher says crypto winter has been "helpful" to bitcoin futures exchange Bakkt by letting it buy firms on the cheap. ❏ CoinDesk

Three Price Hurdles That Could Complicate a Bitcoin Rally to $6,000

❏ Bitcoin is on the offensive, having defended key support, but a rally to $6,000 faces several resistance levels lined up in $5,400–$5,900 range. ❏ CoinDesk

Bitcoin Can’t Fix Venezuela – I Should Know

❏ Diana Aguilar used bitcoin to survive in Venezuela, but cryptocurrency can’t fix the troubled nation's economy, she argues. ❏ CoinDesk

Square’s Bitcoin Revenue Jumped to $65.5 Million in Q1, Its Highest Ever

❏ A quarterly earnings report from Square shows the payments firm seeing strong growth in bitcoin sales. ❏ CoinDesk

Up 28%: Bitcoin Closes April Above Key Price Level Breached Last Year

❏ Bitcoin scaled an important price resistance with near 30 percent gains in April, solidifying the long-term bull breakout witnessed a month ago. ❏ CoinDesk

US Income Tax Payers Can Now Get Refunds in Bitcoin

❏ Income tax payers in the U.S. now have the option to receive their federal and state refunds in bitcoin through Bitpay and Refundo. ❏ CoinDesk

Turkey: The Country Where Crypto Exchanges Are Beating the Bear Market

❏ Turkish exchanges OKEx and BtcTurk are onboarding thousands of crypto traders as the Lira falters. ❏ CoinDesk