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Friday, 1 May 2020

Bitcoin News Roundup for May 1, 2020

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Bitcoin beats the markets while wallet demand rises. It's CoinDesk's Markets Daily podcast.

via CoinDesk https://www.coindesk.com/bitcoin-news-roundup-for-may-1-2020

American Buyers Are Fueling Bitcoin’s Rally, Data Suggests

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Spot and futures markets reflect the strong bullish sentiment of American investors.

via CoinDesk https://www.coindesk.com/american-buyers-are-fueling-bitcoins-rally-data-suggests

Overstock Wants to Trade Traditional Stocks on tZERO Crypto App

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tZERO Crypto wants to become the first platform approved to trade crypto, digital securities and traditional stocks on a single app.

via CoinDesk https://www.coindesk.com/overstock-wants-to-trade-traditional-stocks-on-tzero-crypto-app

First Mover: Tezos Led Crypto Market With Twice Bitcoin’s Gains in April

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Tezos is outstripping the usual crypto leaders on the outside track, possibly down to an increase in the number of exchanges offering staking as a service.

via CoinDesk https://www.coindesk.com/first-mover-tezos-led-crypto-market-with-twice-bitcoins-gains-in-april

Bitcoin Rises Back to $8.8K Even as Futures on U.S. Stocks Drop

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While bitcoin is rising so far on Friday, the price rally looks overstretched and gains may be transient.

via CoinDesk https://www.coindesk.com/bitcoin-rises-8-8k-futures-u-s-stocks-drop

Argo Blockchain Sees Revenues Soar 11x After Mining 1,300 Bitcoin in 2019

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Bitcoin mining firm Argo Blockchain said an 11-fold increase in revenues shows pivoting away from mining-as-a-service was a good move for the company.

via CoinDesk https://www.coindesk.com/argo-mining-revenue-consumer-arm

Why Crypto Exchange OKCoin Jumped Through Hoops to Get Licensed in Japan

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While Japan is known for its retail market, crypto exchange OKCoin believes the country’s strict licensing regime will attract institutional investors.

via CoinDesk https://www.coindesk.com/crypto-exchange-okcoin-licensed-japan-fsa-institutional-investors