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Messages - coincrypto

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1
Grayscale Is Now Buying 1.5 Times the Amount of Bitcoin Being Mined

Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the halving.

Crypto fund manager Grayscale Investments is accumulating Bitcoin at a rate equivalent to 150% of the new coins created by miners since the May 11 block reward halving.

According to data published by independent crypto researcher Kevin Rooke, Grayscale has added 18,910 BTC to its Bitcoin Investment Trust since the halving, while only 12,337 Bitcoins have been mined since May 11.

https://cointelegraph.com/news/grayscale-is-now-buying-15-times-the-amount-of-bitcoin-being-mined


2
Brave Browser Launches Encrypted Video Calls Before Zoom

Brave has launched in-browser video calls featuring end-to-end encryption.

Brave, the privacy-centric cryptocurrency-powered web browser has launched in-browser video calls featuring end-to-end encryption.

The encrypted video service, dubbed ‘Brave Together’ can be used to make unlimited encrypted video calls featuring two participants. All Brave users can access the feature, with no account sign-ups needed.

https://cointelegraph.com/news/brave-browser-launches-encrypted-video-calls-before-zoom


3
Bitcoin Price Surges Past $9.4K as Week of Gains Targets Five Figures

$10,000 is edging ever closer for Bitcoin, which has gained $800 in the past few days and taken little notice of resistance levels.

Bitcoin (BTC) hit $9,400 on May 28 in its latest attempt to upend a downward trend which had seen $8,640 lows just days before.

At press time, $9,400 had just been clinched, rising to $9,460 before a slight reversal. Those levels come a day after Bitcoin reclaimed the $9,000 and $9,200 zones respectively.

https://cointelegraph.com/news/bitcoin-price-surges-past-94k-as-week-of-gains-targets-five-figures




4
Turkish Stablecoin Receives Spot Listing on BTSE Exchange

The Turkish stablecoin BiLira has received a spot listing on BTSE, offering a new on-ramp for Turkish investors to access crypto markets.

Turkish Stablecoin Receives Spot Listing on BTSE ExchangeNEWS

Over-the-counter and cryptocurrency futures exchange BTSE today launched support for BiLira’s Turkish stablecoin TRYB. TRYB can now be traded against Tether (USDT) on BTSE’s spot markets.

Cointelegraph spoke to BiLira and BTSE to find out more about what the listing means for Turkey’s burgeoning cryptocurrency sector.

BTSE co-founder and CEO Jonathan Leong stated that the listing “enables Turkish users to facilitate lower fees via remittances, as well as instantaneous settlement times for TRYB users.”

https://cointelegraph.com/news/turkish-stablecoin-receives-spot-listing-on-btse-exchange


5
Telegram Puts Final Nail in GRAM's Coffin After Withdrawing Appeal

Telegram has withdrawn its appeal against a United States federal court’s injunction that froze Gram token issuance and distribution, according to court documents dated May 22.

The move seems to suggest that the company has fully abandoned its TON plans. Earlier this month, Telegram CEO Pavel Durov announced their “active involvement” with the project was over, criticizing U.S. regulators for overextending their power.

Announced in 2017, Telegram’s TON is a blockchain platform aimed at facilitating payments via Gram tokens and hosting decentralized applications at high scalability levels. After it raised almost $1.7 billion in two private token sale rounds next year, it drew the attention of authorities.

https://cointelegraph.com/news/telegram-puts-final-nail-in-grams-coffin-after-withdrawing-appeal


6
Twitter Bitcoin Mentions Now Almost Exactly Mimic Market Cap Dominance

Tweets including Bitcoin are far ahead of altcoins, but there are major similarities between Twitter and market cap rankings.

Bitcoin (BTC) the most mentions on Twitter may seem logical — but the reason behind it may be more calculated than many imagined.

According to the latest data, Bitcoin’s popularity on Twitter by the number of tweets is not only the highest of all the cryptocurrencies — it is proportional to market cap.

https://cointelegraph.com/news/twitter-bitcoin-mentions-now-almost-exactly-mimic-market-cap-dominance


7
Binance Futures Traders Long BTC and Altcoins, Even as Bitcoin Price Falls

Despite Bitcoin’s bearish price action, top traders on Binance Futures are aggressively longing cryptocurrencies, including Bitcoin and Ethereum.

Binance Futures Traders Long BTC and Altcoins, Even as Bitcoin Price FallsMARKETS NEWS

The majority of top traders on Binance Futures are longing Bitcoin (BTC), Ether (ETH), and 8 other cryptocurrencies. In fact, more than 50% of traders are long on 10 crypto assets despite the current decline in the price of BTC.

https://cointelegraph.com/news/binance-futures-traders-long-btc-and-altcoins-even-as-bitcoin-price-falls


8
Italian Cryptocurrency Project Plans to Pay Users to Watch Porn

A novel cryptocurrency project called PornVisory plans to reward its users with blockchain tokens for watching porn on its platform.

A novel cryptocurrency project called PornVisory plans to reward its users with tokens for watching porn on its platform.

PornVisory's founder, Veronica Noschese, explained to Cointelegraph that there’s a natural synergy between the cryptocurrency and pornography industry, which desperately needs anonymous financial systems.

https://cointelegraph.com/news/italian-cryptocurrency-project-plans-to-pay-users-to-watch-porn


9
Turkish Stablecoin Receives Spot Listing on BTSE Exchange

Over-the-counter and cryptocurrency futures exchange BTSE today launched support for BiLira’s Turkish stablecoin TRYB. TRYB can now be traded against Tether (USDT) on BTSE’s spot markets.

Cointelegraph spoke to BiLira and BTSE to find out more about what the listing means for Turkey’s burgeoning cryptocurrency sector.

BTSE co-founder and CEO Jonathan Leong stated that the listing “enables Turkish users to facilitate lower fees via remittances, as well as instantaneous settlement times for TRYB users.”

https://cointelegraph.com/news/turkish-stablecoin-receives-spot-listing-on-btse-exchange


10
Telegram Puts Final Nail in GRAM's Coffin After Withdrawing Appeal

Telegram has dropped its appeal against a U.S. federal court’s injunction that forbade Gram distribution, putting a halt to the TON project.

Telegram has withdrawn its appeal against a United States federal court’s injunction that froze Gram token issuance and distribution, according to court documents dated May 22.

The move seems to suggest that the company has fully abandoned its TON plans. Earlier this month, Telegram CEO Pavel Durov announced their “active involvement” with the project was over, criticizing U.S. regulators for overextending their power.

https://cointelegraph.com/news/telegram-puts-final-nail-in-grams-coffin-after-withdrawing-appeal


11
FOMO Risk? THETA Outpacing Bitcoin With 1000% Gains Since March Crash

As Bitcoin struggles to find support, THETA and THETA Fuel have rallied more than 1000%, leading investors to wonder if other altcoins will follow.

As the halving hype has now passed for Bitcoin (BTC), altcoins are beginning to regain traction. In that regard, many altcoins have been showing significant movements in the past two weeks.

One of the biggest gainers is Theta Token (THETA), which gained 1,000% since the crash on Black Thursday, March 12. The second token of the Theta platform is called Theta Fuel (TFUEL) has also surged more than 1,150% in a matter of one week.

https://cointelegraph.com/news/fomo-risk-theta-outpacing-bitcoin-with-1000-gains-since-march-crash


12
No, ISIS Does Not Have $300M in a Bitcoin ‘War Chest’

Blockchain forensics firm Chainalysis has debunked several high-profile stories about the use of crypto to fund terror groups.

Blockchain forensics firm Chainalysis has published a report debunking a number of popular narratives surrounding the use of crypto to finance terrorism.

The report emphasizes the harm of false reporting in spreading misinformation and damaging the reputation of firms operating with virtual currencies.

As “a trusted investigative partner to governments around the world, preventing terrorists from using cryptocurrency is one of our primary objectives,” Chainalysis states.

https://cointelegraph.com/news/no-isis-does-not-have-300m-in-a-bitcoin-war-chest


13
Coinbase Will Allow Employees to Work Remotely After Lockdown

Coinbase will transition to a permanent “remote-first” future after the quarantine is over.

U.S. crypto exchange Coinbase has announced it will transition to a “remote-first” workplace after the pandemic lockdown is over in an effort to guard against location-centric risks and to improve decentralization.

In an open letter to all employees, Coinbase CEO Brian Armstrong said:

“After the restrictions of quarantine are over, Coinbase will embrace being ‘remote-first’, meaning we will offer the option to work in an office or remotely for the vast majority of roles.”

An estimated 20% to 60% of all Coinbase employees will continue to work remotely once all COVID-19 restrictions are removed.

https://cointelegraph.com/news/coinbase-will-allow-employees-to-work-remotely-after-lockdown


14
Craig Wright Denies Transferring ‘Satoshi’ Coins, Leaving Him in Legal Catch-22

Wright has denied moving 50 Bitcoin from one of the ‘Satoshi’ accounts he claimed in court as his own, leaving him in a legal quandary.

Bitcoin SV’s billionaire benefactor Calvin Ayre revealed Satoshi claimant Craig Wright has denied moving 50 BTC from a long-dormant address thought by some to belong to the Bitcoin founder.

On Wednesday, an unknown party moved 50 BTC ⁠— roughly $486,000 worth — from an address containing coins mined barely one month after the launch of the Bitcoin mainnet in 2009.

https://cointelegraph.com/news/craig-wright-denies-transferring-satoshi-coins-leaving-him-in-legal-catch-22


15
Crypto YouTuber Moves to Saipan to Escape ‘Totalitarian Tyranny’

CoinText founder Vin Armani moved to Saipan in April, fearing being labeled an “undesirable” in the continental US and “disappeared”.

Vin Armani, the crypto YouTuber and former star of Showtime’s “Gigolo’s”, packed up his life and family and moved to a tiny Pacific island in April to ride out the pandemic and escape the ‘totalitarian tyranny’ he predicted was about to occur.

Speaking to Cointelegraph, the founder of CoinText said he believed there was a very good chance of him “being disappeared” if he had stayed in California as he was “an undesirable” in the eyes of unnamed forces.

https://cointelegraph.com/news/crypto-youtuber-moves-to-saipan-to-escape-totalitarian-tyranny


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