4 Minute Bitcoin Daily News

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Bitcoin Crash Was Caused By Institutional Investors Mar 19, 2020

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Chainalysis found that transfers of 10 to 100 and 100 to 1000 Bitcoin accounted for about 70% of all Bitcoin sent and received by crypto exchanges in recent days, which is slightly higher share than usual. Interestingly, about 10% of Bitcoin was from transfers of over 1000 Bitcoin.

Coinbase Rival Launches Crypto Exchange Visa Card Mar 18, 2020

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Coin Zoom has just officially deployed its crypto exchange platform and Visa card that allows users to buy, sell and spend Bitcoin and other cryptos.

Ultimate Test for Fiat as US Bank Runs Loom Mar 17, 2020

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As the stock market suffered its worse day in three decades last week, a Midtown Bank of America branch in Manhattan saw lines of people at its ATMs. Customers were draining cash from their accounts, sometimes tens of thousands of dollars at a time.The demand was so great that the branch could not cope and temporarily ran out of hundred dollar bills.

Bitcoin's Stock to Flow Model Continue’s to Hold Mar 16, 2020

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Bitcoin fell from over $10,000 in February, to a low of $3,800 last week, but regardless of the chaos and resulting selloff, Bitcoin continues to follow the stock to flow model.

Will the Fed’s Massive $1.5 Trillion Injection Send Bitcoin Skyrocketing? Mar 15, 2020

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The New York Fed is conducting a massive liquidity injection into the markets. This $1.5 trillion capital injection is being referred to as the Fed firing its “nuclear weapon” by analysts and could have impacts on Bitcoin and all other assets.

Anonymous Bitcoin Supporters Funding Coronavirus Vaccine Mar 13, 2020

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An unknown group known as Coro Hope says it’s using funds from anonymous, crowd sourced Bitcoin donations to create a vaccine for the Covid-19 virus.

Square Launches Grants for Bitcoin Development Mar 11, 2020

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Square Crypto, the payments company launched by Twitter founder Jack Dorsey, is now officially supporting Bitcoin development through a grant program.

Riot Blockchain Reports 147% Growth Of Bitcoin Mined Mar 10, 2020

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The Nasdaq listed crypto mining firm Riot Blockchain has demonstrated a remarkable monthly growth in their average daily run rate of Bitcoins mined during the month February.

Gold’s a Great Store of Value, If You Never Need to Flee a Country Mar 09, 2020

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Dutch authorities arrested a Brazilian man carrying around 15 kilos of gold, worth almost $800,000 in his luggage. I am not making the case whether the officials should or shouldn’t have seized the gold, just that this example clearly shows that Bitcoin possesses qualities that gold does not.

A New York Power Plant Is Mining Bitcoin Mar 09, 2020

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Greenidge Generation a natural gas power plant near the town of Dresden, NewYork, announced it had successfully installed a mining farm in its facility.

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