Retail Investors Branch to Altcoins: ‘60% of Coinbase Customers Start With Bitcoin, Only 24% Stick Exclusively’
On May 13, the San Francisco-based cryptocurrency exchange, Coinbase published a report that shows digital currency investors are investing in alternative cryptocurrencies despite bitcoin’s 67% market dominance. Data from Coinbase shows that customers with at least five crypto purchases, roughly 60% of them buy bitcoin first but only 24% remain exclusively loyal to the digital … Read more
Bitcoin Options Market Data Shows Mere 9% Chance BTC Reaches $20K in 2020
Activity in the Bitcoin options market shows BTC has a 9% chance of reaching $20,000 by the end of 2020. Go to Source Powered by WPeMatico
CME Traders Prefer Cash-Settled Bitcoin Products
CME customers would rather trade cash-backed Bitcoin products at present. Go to Source Powered by WPeMatico
New Ransomware Uses a Banking Trojan To Attack Governments and Companies
A study from Group-IB reveals the modus operandi of the newly discovered ProLock’s ransomware attack. Go to Source Powered by WPeMatico
Public Service Announcement: Beware of Imposters Posing As Cointelegraph Journalists
Recently there has been a rise in the number of attempts to impersonate Cointelegraph team members and request money from organizations and individuals in return for the promise of positive coverage. Go to Source Powered by WPeMatico
‘Americans Are Getting Screwed’ With Lab Testing, Says Pomp Interviewee
Julia Cheek, CEO of at-home medical testing company Everlywell, called U.S. lab testing problematic. Go to Source Powered by WPeMatico
Grayscale Buys 33% of All Bitcoin Mined in Last Three Months
Grayscale Investments bought up to 33% of all newly minted bitcoin over the last three months, as the asset manager continues to stockpile major cryptocurrencies. The investment fund added 60,762 BTC to its Bitcoin Trust Fund between February 7 and May 17, a researcher posted on Reddit. That’s the equivalent of 607 BTC acquired by … Read more
Bitcoin Activity on the Dark Web Grew by 65% in Q1 2020, Says Study
Crystal Blockchain Analytics unveiled figures that show an increased value of Bitcoin transferred through the dark web, though the amount of Bitcoin was less. Go to Source Powered by WPeMatico
Crypto Traders Explain Where Bitcoin Price Can Go After Fifth $10K Test in 11 Days
The price of Bitcoin continues to reject the $10,000 resistance level, crypto traders explain where BTC is headed next. Go to Source Powered by WPeMatico