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Australian Watchdog Warns of Spike in Crypto Scams During Coronavirus Pandemic

Australia’s Securities and Investment Commission says that between March and May, investment scams of all types rose by 20% as compared to the same period in 2019. Source: https://cointelegraph.com/rss

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Bitcoin Price Dips as Two Mining Pools’ Daily BTC Outflows Hit $68M

HaoBTC and Poolin shift over 7,000 BTC as bullish tendencies appear to fade and BTC/USD falls back to $9,500. Source: https://cointelegraph.com/rss

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Low Exchange Reserves Suggest Futures Traders Are Over-Leveraged

The number of Bitcoins held on exchanges continues to decline despite growing open interest in the futures markets. Source: https://cointelegraph.com/rss

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Ousted Bitmain Co-Founder Offers to Buy $4 Billion in Shares

Micree Zhan released a scathing letter directed towards fellow Bitmain co-founder Jihan Wu, offering to buy out control of the company. Source: https://cointelegraph.com/rss

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Messari: 1% Allocation From Institutions Could Drive BTC to $50,000

Crypto research firm Messari has estimated that Bitcoin could trade for $50,000 each if institutions allocate a low-single-digit portfolio percentage to BTC. Source: https://cointelegraph.com/rss