Weekend Reads | Investor: Bitcoin could be benefiting from the economic crises around the world | Unlawful practices hit top cryptocurrency exchanges, including Binance
Investor: Bitcoin could be benefiting from the economic crises around the world
Bitcoin has been on a 174 days bull rally since the low of Dec. 15, 2018, when it was trading at $3,150, which has seen its price surge 188 percent reaching $9,070 on May 30.
Unlawful practices hit top cryptocurrency exchanges, including Binance
The most recent market surveillance report from the Blockchain Transparency Institute claims that Binance, the world’s biggest cryptocurrency exchange by trading volume, shows signs of wash trading.
Slow but steady wins the race: Coinbase to add batched Bitcoin transactions
The recent spike in bitcoin prices and the skyrocketing number of daily outputs has had a direct impact on the transaction fees and the congestion of the mempool.
Thailand’s largest commercial bank redacts statement on integrating Ripple’s XRP
The Siam Commercial Bank (SCB), the largest commercial bank in Thailand, retracted a statement about using Ripple’s XRP token. The bank quickly issued a correction saying it had no plans on using XRP “as of now.”
SEC chairman suggests cryptocurrency markets are easily manipulated, unlike the stock market
Jay Clayton, chairman of the SEC, spoke about the Commission’s take on the cryptocurrency industry. In an interview with CNBC, Clayton said that unlike the crypto market there are “sophisticated” rules in place to prevent the stock market from being manipulated.
ICYMI
🇺🇸 US 2020 presidential candidate Andrew Yang meets with Litecoin founder
🤝 ConsenSys’ Truffle announces new partnership with Microsoft
🤬 Mining pool censorship could make Zcash “mostly unusable”
⛓ Salesforce introduces blockchain platform based on Hyperledger
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