7 Main Post-Halving Bitcoin Narratives

Decentralized digital gold campaign More institutional investors, more derivatives Bitcoin scaling up, green mining Regulation and CBDCs The third Bitcoin (BTC) halving has finally happened, hashrate dropped less than estimated, fees skyrocketed, but, contrary to the doom mongers, the bitcoin price hasn’t fallen. What happens next? What will become the next talk of the town as the “priced in/not priced in” debate has now disappeared together with 50% of the block subsidy on May 11? According to industry figures interviewed by Cryptonews.com, a number of key narratives and trends are likely to dominate Bitcoin’s fate over the…

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Unfortunate May: BlockFi Suffers Breach, BitMEX Trading Engine Fails

Major crypto companies are still experiencing serious problems in May as BlockFi revealed that it suffered a data breach on May 14, while BitMEX Trading Engine went down today. Crypto lender BlockFi said that the perpetrator attempted to make unauthorized withdrawals of client funds using the platform, but only managed to access clients’ personal information such as name, email, date of birth, physical address and activity history. “From approximately 07:17 UTC to 08:43 UTC on May 14, 2020, a BlockFi employee’s phone number was breached and utilized by an unauthorized third party to access a portion…

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Massive Crypto Whale Drains Bitcoin Wallet, Moves $143,000,000 in BTC in Single Transaction

One of the richest Bitcoin holders on record just completed a huge crypto transfer. Traders are searching for clues as to why the whale completely drained a Bitcoin wallet, sending the trove of BTC to an unknown address. The crypto tracker Whale Alert spotted the single transaction of 14,922 BTC worth $143.96 million. The multi-million dollar transfer cost 0.00003138 BTC – which is about $0.30.Whale Alert@whale_alert 14,922 #BTC (143,962,779 USD) transferred from unknown wallet to unknown wallet Tx: https://whale-alert.io/transaction/bitcoin/a432a2d70462c188ed27978c6c01a54164a886225922aca7fd1815ee6e9c2604/1 …5342:58 AM – May 19, 2020Twitter Ads info and privacy191 people are talking about…

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‘Rich Dad Poor Dad’ Author Says Bitcoin Will Rise to $75,000 by 2023 As US Economy Is ‘Dying’

The author of the “Rich Dad Poor Dad” personal finance book series, Robert Kiyosaki, says he believes that Bitcoin will surge to $75,000 as the US economy withers amid the global pandemic. In a viral tweet, Kiyosaki says he’s betting on hard assets like gold and Bitcoin to prepare for a possible economic meltdown due to misguided government policies. “ECONOMY [is] dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @ $17. Predict $40 in 5 years. Bitcoin…

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Mike Novogratz’s Bitcoin Investment Firm Announces Conditional Approval for Listing on Toronto Stock Exchange

Leading cryptocurrency and digital asset firm Galaxy Digital has announced its conditional approval to be listed on the Toronto Stock Exchange (TSX). The crypto merchant bank, led by founder and chief executive Mike Novogratz, plans to announce a listing date later this quarter, subject to compliance with the requirements of the TSX conditional approval. TSX is the ninth largest exchange in the world by market capitalization. The exchange has tapped Galaxy Digital to participate in its TSX Sandbox, an initiative designed to help firms “that may not satisfy the original…

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Crypto Analyst Who Accurately Called Bitcoin Collapse to $3,200 Says Big Move Up on the Horizon

Bitcoin is up over 135% from the March 2020 low of $3,850. The world’s leading cryptocurrency is once again outperforming traditional assets amid the coronavirus pandemic. While Bitcoin is starting to show signs of short-term bullish exhaustion, a crypto trader and Elliott Wave technical analyst believes that the dominant cryptocurrency is preparing for a strong move up. Benjamin Blunts tells his 54,600 followers on Twitter that BTC is poised for a rally to $10,000. “BTC made 5 waves down on the smaller timeframes, ABC back up and swiftly rejected the 0.618 almost to…

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Bithumb Delists Monero as Telegram Nth Room Rape Video Anger Festers

South Korean crypto exchanges have said their final farewell to monero (XMR) after Bithumb, the last major trading platform still trading in the token, officially delisted it yesterday. The so-called privacy token has endured a torrid past few weeks in South Korea, after media outlets unearthed evidence that the admins of a notorious sexual exploitation and rape video ring were using XMR to facilitate payments. Bithumb’s delisting auditory board placed the token on a provisional delisting list last month, stating that if the reasons for XMR being placed on the list had not…

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Massive $417 Million Bitcoin (BTC) Transfer Triggers Cryptocurrency Whale Alert

A huge Bitcoin (BTC) transfer is turning heads in the crypto community. One of the largest whales on the ledger just received 47,835 BTC worth $417 million – for a fee of just $1.44. The transaction was spotted by the Bitcoin Block Bot, an on-chain whale tracker designed to identify large movements of cryptocurrency. The Bitcoin address that received the huge trove of crypto is the 16th largest in existence at time of publishing, according to BitInfoCharts. The wallet is highly active, and has sent and received large batches of cryptocurrency for months.…

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Crypto Listing and Delisting Announcements: Week 19

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ BilaxyListings:Dune Network (DUN)USD Coin (USDC) BinanceChromia (CHR)Removed trading pairs:Ambrosus / Ethereum (AMB/ETH)AppCoins / Ethereum (APPC/ETH)AirSwap / Ethereum (AST/ETH)Basic Attention Token / TrueUSD (BAT/TUSD)Blockmason Credit Protocol / Ethereum (BCPT/ETH)InSolar / Ethereum (INS/ETH)NEO/ Paxos Standard Token (NEO/PAX)Nexus / Ethereum (NXS/ETH)Qtum / Binance Coin (QTUM/BNB)Stratis / Binance Coin (STRAT/BNB)Syscoin / Ethereum (SYS/ETH)Theta…

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Bitcoin Dives, Erasing All Weekly Gains, Altcoins Bleed Too

In a sudden move in early Sunday hours (UTC time), bitcoin (BTC) price crashed around 10%, leaving traders perplexed. In the top 10, all coins, except tezos (XTZ), are down in double-digits. At pixel time (04:50 UTC), BTC trades at c. USD 8,534 and is down by 13% in a day, erasing all weekly gains (-8%) and trimming its monthly gains (21.5%) BTC price chart __BitMEX XBTUSD Liquidations At the same time, ethereum (ETH), XRP, bitcoin cash (BCH), litecoin (LTC) are down by 12%-13%, also dropping by 10%-14% in the past week. Bitcoin dominance, or the percentage of the…

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