Coin prices across the board are in the red. Bitcoin has fallen to just above $9,000 following the news that 50 Bitcoins were moved which were first mined back in 2009. Some believed that it could have been Satoshi Nakamoto. What do you think?
Prices are as of 12.30 p.m EDT.
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German banks charge negative interest rates
According to official data sources, Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008. Throughout the COVID-19 crisis, the number of banks charging negative interest rates in Germany has been climbing rapidly.
Bitcoin investor believes Bitcoin could go as high as $100,000
Research analyst Tuur Demeester thinks Bitcoin could reach $50,000. In a YouTube video, Demeester said that Bitcoin was "back in a bull market" and in his opinion it has the potential to reach $50,000 and could even go as high as $100,000. He thinks that it will be institutions that will push the coin's price up. What do you think?
JK Rowling is asking for crypto studies
The Harry Potter author is asking for crypto lessons on social media as she would like to know more about Bitcoin. Comments immediately flooded to the Twitter thread as crypto enthusiasts seized the unique opportunity, along with Elon Musk, to explain Bitcoin and cryptocurrency to the famous author and her 14.6 million followers.
Coldplay bassist is an investor of a new fintech startup
The bass player of Coldplay, Guy Berryman, is one of the investors behind an Edinburgh fintech called the Zumo payment app. It is designed to simplify currency trading and help investors buy cryptocurrencies. Can this action lead to mainstream cryptocurrency spending and exchanging?
Bitcoin miners double revenue in 10 days since the halving
Bitcoin miners earned 44% more in transaction fees since the halving than they did before in April. If this continues miners will double their income from transaction fees going forward. Could this mean that mining will be as attractive as it was before the block reward?
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