BitcoinBreaking - Your source for CryptoNews

14 May 2021 22:32

Bitcoin Mining Difficulty Hits New All-Time High After 21.5% Increase

Bitcoin mining difficulty has recorded its biggest increase in three years, hitting a new all-time high above 25 trillion.

In brief

▪️It is now harder than ever to mine Bitcoin, with the mining difficulty soaring by more than 21.5%.

▪️This is the largest increase since October 2017.

✍By Andrew Asmakov✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

14 May 2021 17:31

Grayscale Bitcoin Trust Premium Tanks to All-Time Lows Below 20%

The Grayscale Bitcoin Trust (GBTC) premium has plummeted to its lowest point ever, falling below 20%.

In brief

▪️The Grayscale Bitcoin Trust has hit its lowest point at -20.48%.

▪️The fund’s shares have traded at a negative premium for the past two months.

✍By Andrew Asmakov✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

13 May 2021 19:48

EOS Up 46% as Block.one Invests $10 Billion in Exchange

The price of the EOS token is up, but development on the network has been down. Can an EOS-integrated exchange help?

In brief

▪️The new exchange starts with a pile of cash, Bitcoin, and EOS.

▪️The starting capital is not far from the size of EOS's market capitalization.

✍By Jeff Benson✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

13 May 2021 08:48

Dogecoin Spinoff SHIB Tanks After Ethereum Founder Vitalik Buterin Dumps Tokens

Shiba Inu is in the doghouse. Vitalik Buterin might be there as well—though not in the eyes of the charities he's just supported.

In brief

▪️Some crypto projects gave Vitalik Buterin a lot of tokens, hoping that it would add to their legitimacy.

▪️Maybe that wasn't a great idea.

✍By Jeff Benson✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

12 May 2021 16:58

Post-SNL Elon Musk Scams Rake in $300K in Bitcoin, Ethereum and Dogecoin

Scammers were able to steal a lot of crypto in a short amount of time by using verified Twitter accounts.

In brief

▪️Scammers used Elon Musk’s high-profile appearance on Saturday Night Live to con people out of nearly $300k.

▪️The scam is the oldest trick in the book: using fake accounts to rake in crypto for phony giveaways.

✍By Mathew Di Salvo✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

11 May 2021 17:12

Elon Musk’s SpaceX Launching Dogecoin Moon Mission

No, it’s not a joke. Elon Musk’s private space exploration company SpaceX took payment in Dogecoin for a Moon mission next year.

In brief

▪️SpaceX will launch DOGE-1, the first-ever commercial Lunar payload paid for entirely in Dogecoin.

▪️According to SpaceX CEO Elon Musk, Dogecoin will become the first crypto and the first meme in space.

✍By Andrew Asmakov✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

11 May 2021 09:12

Binance Lists Dogecoin Rival SHIB, But CEO CZ Warns It Is 'Super High Risk'

Demand for a new Ethereum-based meme coin is through the roof. But investors have been warned.

In brief

▪️A Dogecoin knockoff, Shiba Inu, is the latest meme coin to grab investors’ attention.

▪️Today, Binance announced it will allow trading of the ERC20 token because of high demand.

▪️But the exchange’s CEO warned of the token’s volatility.

✍By Mathew Di Salvo✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

10 May 2021 19:10

Dogecoin Knockoff Puts $8 Billion in Ethereum Founder Buterin’s Wallet

Shiba Inu (SHIB) has gone skyward. Vitalik Buterin, who received 50% of the SHIB supply from the developers, is its biggest whale.

In brief

▪️The price of Shiba Inu (SHIB), a meme coin and Dogecoin knockoff, has spiked 734% over the past week.

▪️Anonymous developers have sent 50% of the token supply to Vitalik Buterin’s wallet over the past year.

▪️Although those tokens are claimed to be “burned,” Buterin has full access to his SHIB holdings. It’s worth $8 billion as of this writing.

✍By Ekin Genç✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

10 May 2021 08:09

Coinbase Should Have Gone Public Via Ethereum, Says First Employee

Coinbase stock has been in decline ever since it went public on April 14. Its first hire wishes the company had gone public via crypto tokens instead.

In brief

▪️Olaf Carlson-Wee said that Coinbase “would be valued at over double what it is,” had the company gone public… on Coinbase.

▪️His ideal scenario for Coinbase shares would have been USDC-style ERC-20 tokens traded on DeFi.

▪️Coinbase shares trade for $263 each.

✍By Ekin Genç✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

09 May 2021 22:08

VanEck Files for Ethereum ETF With SEC

If approved, it would be the first crypto exchange-traded fund in the US.

In brief

▪️No cryptocurrency ETFs are available in the US.

▪️VanEck has filings for both a Bitcoin ETF and Ethereum ETF.

✍By Jeff Benson✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

08 May 2021 17:47

Nuvei to Buy Crypto Payments Company Simplex for $250 Million

The deal is a big step towards the integration of crypto in the traditional financial world.

In brief

▪️Nuvei is acquiring Simplex for $250 million.

▪️The deal will enable Nuvei to issue crypto bank accounts and debit cards.

▪️Fiat-to-crypto on-ramp Simplex will be able to offer their services to a broader market.

✍By Tim Hakki✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

08 May 2021 10:47

Binance CEO CZ Defends Binance Smart Chain's Ethereum Copycats

"Obviously, people will look at what’s popular on Ethereum and try to copy it onto BSC,” CZ says.

In brief

▪️Binance CEO Changpeng “CZ” Zhao appeared at the Ethereal Summit.

▪️He answered questions about apparent Ethereum knockoffs on Binance Smart Chain.

✍By Jeff Benson✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

07 May 2021 21:57

Lambo investors earned 5.2% on their USDT in just 24 hours!

Risk/Profit ratio is 63.7%/10%

In brief

▪️Waves Exchange announced Lambo - a new product allowing users to invest in an algo trading strategy with the most balanced risk/profit ratio

▪️Anyone who invests USDT in Lambo will have a chance to win a real Lamborghini Huracan

✍️By Stephen Graves✍️

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

07 May 2021 16:06

Mark Cuban: Ethereum’s Price Growth Potential is ‘Uncapped’

Billionaire investor Mark Cuban argued that DeFi staking is one of the main reasons behind Ethereum’s explosive growth.

In brief

▪️Ethereum is becoming a deflationary asset with an "uncapped" price ceiling, said billionaire investor Mark Cuban.

▪️By staking coins in decentralized finance, "you're not going to lose unless you're stupid," he argued.

✍By Liam Frost✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

07 May 2021 08:06

Winklevoss Twins: NFT Adoption Was an Uphill Battle

The Gemini co-founders and Nifty Gateway heads discussed the opportunity and enormous success of NFTs at the Ethereal Summit.

In brief

▪️Tyler and Cameron Winklevoss appeared at today’s Ethereal Summit to discuss their NFT success with Nifty Gateway.

▪️The Winklevoss Twins are the co-founders of the Gemini cryptocurrency exchange, which acquired Nifty Gateway in 2019.

✍By Andrew Hayward✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

14 May 2021 20:32

$156 Million Stolen in DeFi Hacks This Year: CipherTrace

That’s more than was stolen from DeFi protocols in all of 2020.

In brief

▪️$156 million was stolen from DeFi-related hacks between January and April, according to CipherTrace.

▪️That number has risen along with the total amount of money locked up in DeFi.

✍By Will Gottsegen✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

14 May 2021 14:30

Tesla's Bitcoin Bombshell Puts Spotlight on Sustainable Cryptos

Dozens of cryptocurrencies claim to be greener than BTC. What are they and do they have a chance of success?

In brief

▪️Elon Musk has said that Bitcoin is too energy-hungry and Tesla is looking for a greener alternative.

▪️Tesla's announcement has focused attention on cryptos that use more eco-friendly consensus mechanisms.

✍By Adriana Hamacher✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

13 May 2021 15:48

MoneyGram to Offer Bitcoin at 20,000 U.S. Locations Via Coinme Tie-Up

The arrival of Bitcoin to MoneyGram kiosks will let significantly more people buy and sell the cryptocurrency for cash.

In brief

▪️The deal will let people buy and sell Bitcoin at Moneygram's physical kiosk.

▪️It could also increase the use of Bitcoin by immigrant and unbanked communities.

✍By Jeff John Roberts✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

12 May 2021 18:58

Man Used Coinbase to Pay Hitman in Bitcoin for Wife's Murder, FBI Says

An FBI agent explained in a court filing how a Coinbase account led the agency to the suspect.

In brief

▪️Coinbase records provided the FBI with a murder plot suspect's photo and internet address.

▪️The hitman who received the Bitcoin is still unknown.

✍By Jeff John Roberts✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

12 May 2021 08:57

Indonesia Mulls Taxing Cryptocurrency Trades

A tax official revealed that Indonesia is considering the taxation of crypto trading after a surge in interest in the country.

In brief

▪️Indonesia is considering taxing capital gains on cryptocurrency transactions.

▪️Cryptocurrencies are banned as payment instruments in the country, but individuals can trade them as commodities.

✍By Scott Chipolina✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

11 May 2021 14:12

'Time to Switch to Satoshis': Mike Novogratz

The CEO of Galaxy Digital has said that crypto exchanges should start listing Satoshis (Sats), the smallest unit of Bitcoin.

In brief

▪️Galaxy Digital CEO Michael Novogratz has argued that exchanges should list satoshis (Sats) instead of Bitcoin.

▪️A satoshi is the smallest unit of Bitcoin; there are 100 million Sats in each Bitcoin.

✍By Scott Chipolina✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

10 May 2021 20:13

Just a shoutout to my good friend Sam, who makes really good analysis , Charts and Free Signals.
For me this is one of the best crypto channels on telegram.

@Bitcoin_Ethereum_Trading is a special channel running by a professional analyst.
Sam knows what to buy and what to sell.

- Consistent predictions/entries
- Highly accurate trades/analysis
- Fully transparent

All his useful contents are free for everyone.

👉 Make sure to check him out: /channel/Bitcoin_Ethereum_Trading

BitcoinBreaking - Your source for CryptoNews

10 May 2021 15:09

Winklevoss-led Gemini Launches Dogecoin Savings Program

While Dogecoin’s market crashes, will 2.25% convince investors to HODL?

In brief

▪️Gemini lets Dogecoin investors earn an interest of 2.25% APY on their holdings.

▪️Interest is generated daily and added to the initial investment.

▪️It's available in the US and Singapore.

✍By Ekin Genç✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

09 May 2021 22:08

New York Asks Court to Force Crypto App Coinseed to Stop Trading User Funds

The New York Attorney General's Office sued crypto investment app Coinseed in February. Now, it wants a court to halt all Coinseed activity.

In brief

▪️Coinseed allegedly converted user funds to Dogecoin and limited withdrawals.

▪️The New York Attorney General's Office says it also moved $1.2 million in customer funds to Gemini exchange.

✍By Jeff Benson✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

09 May 2021 08:39

Binance US Plans Massive Hiring Spree to Compete with Coinbase

Binance US CEO Brian Brooks says the company will 5x its headcount over the next eighteen months.

In brief

▪️Brian Brooks came to Binance US from Washington.

He says the company plans to expand very soon.

▪️He also believes the exchange will continue to diversify.

✍By Tim Hakki✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

08 May 2021 16:47

Turkish Crypto Exchanges Must Report Anyone Trading Over $1,200 to Gov

Turkey’s forthcoming anti-money laundering regulations force cryptocurrency exchanges to report customers trading over 10,000 Turkish lira.

In brief

▪️Turkish cryptocurrency exchanges will have to report transactions exceeding 10,000 Turkish lira ($1,200) to the government.

▪️The industry expected the threshold would be 75,000 Turkish lira ($9,100).

▪️The government didn’t say when the regulation would take effect or how the limit is calculated.

✍By Ekin Genç✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

08 May 2021 08:47

Bitcoin, Like Uber, Is ‘Too Big to Regulate’: Miami Mayor

Miami Mayor Francis Suarez told Ethereal Summit that Bitcoin today is in a similar position to Uber in 2014.

In brief

▪️Francis Suarez has advanced pro-cryptocurrency policies as Miami mayor.

▪️He believes adoption is too widespread to kill Bitcoin.

✍By Jeff Benson✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

07 May 2021 19:06

Court Greenlights IRS Access to Kraken’s Customer Data

After gaining access to Circle users’ data, the IRS is now looking for Kraken customers who have failed to comply with internal revenue laws.

In brief

▪️A federal court has authorized the Internal Revenue Service to access the personal data of some Kraken customers.

▪️The tax officers want to identify users who transacted $20,000 or more in crypto between 2016 and 2020.

✍By Liam Frost✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

07 May 2021 13:06

Coinbase Saw a 17% Jump in Law Enforcement Requests in 2020

Coinbase's Transparency Report shows law enforcement requests are increasing.

In brief

▪️Coinbase published its second Transparency Report

▪️The company has yet to report on whether it is pushing back on the thousands of requests

✍By Jeff John Roberts✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️

BitcoinBreaking - Your source for CryptoNews

06 May 2021 17:37

New York May Halt Bitcoin Mining For Three Years Over Climate Concerns

A bill proposed in New York would pause the Bitcoin mining industry until its impact on the environment can be fully understood.

In brief

▪️The State of New York could put a halt to Bitcoin mining for three years.

▪️New York isn't the only place concerned about the environmental impact of Bitcoin mining.

✍By Scott Chipolina✍

Join Now 👇
⭕️ @BitcoinBreaking ⭕️