NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

Crypto Tidbits: Elon Musk Pokes Bitcoin Bear, Japanese Giants Delve Into Cryptocurrency Mining, Baidu’s Blockchain Beta

Nick Chong
Nick Chong
5 years ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Another week, another round of Crypto Tidbits. The second week for the year 2020 was a lot more exciting for Bitcoin and the broader cryptocurrency space than the first. Per data from Coin360, the leading digital asset, BTC, gained 10% on the week, hitting $8,160 as of the time of writing this. Altcoins across the board have posted similar gains, with forks Bitcoin Cash, Bitcoin SV, and Litecoin really standing out. 

Market aside, the underlying industry was as busy as ever, with there being a number of stories published over the past seven days that could have a larger impact on the cryptocurrency space.  They are as follows.

Related Reading: Crypto Tidbits: Bitcoin Branded a Scam, Ethereum Upgrade Completed, Telegram’s ICO in Crisis

Bitcoin & Crypto Tidbits

  • Elon Musk Drops the “Bitcoin” Bomb on Twitter: In a tweet published Friday morning, SpaceX and Tesla CEO Elon Musk joked that “Bitcoin is *not* my safe word.”  (If you don’t know what “safe word” means, please search it up.) The tweet quickly went viral, garnering over 100,000 likes on Twitter. It isn’t clear what exactly the technology entrepreneur was suggesting in tweeting this, though he has long referred to this industry with jest. Musk joked he was the chief executive of Dogecoin during April Fool’s Day in 2019, once randomly tweeted “Ethereum”,  and once joked about “cryptocurrency” being his safe word.

Bitcoin is *not* my safe word

— Elon Musk (@elonmusk) January 10, 2020

  • Japanese Corporations Enter Crypto Mining Game: According to a recent report from Bloomberg published on January 7th, SBI Holdings — a financial services company group based in Tokyo, Japan that works closely with crypto-centric fintech upstart Ripple — and GMO Internet, an internet service provider that has been mining cryptocurrency for multiple quarters now, has entered an agreement with Nothern Bitcoin AG subsidiary Whinstone Inc. This agreement allows the two Japanese firms to use Whinstone’s facilities in Rockdale, Texas to mine Bitcoin and likely other cryptocurrencies. Whinstone’s parent company, Northern Bitcoin, has said that their Rockdale-based facility will have a mining capacity of 1 gigawatt by the end of 2020, a record.
  • Chinese Tech Giant Baidu Launches Blockchain Beta: On January 6th, Baidu — a Chinese technology and internet giant most often called “China’s Google” here in the West — unveiled its latest project: “Xuperchain,” a blockchain system for businesses, now going into beta. According to the translated version of a flashy new website outlining this new offering, this now-in-beta network will allow users, preferably operators of smaller businesses, to build and deploy blockchain applications to help bolster their businesses.
  • Bitcoin CME Options Launch Nears: Next Monday, January 13th, the CME will launch a Bitcoin options derivative market, which analysts will say will boost institutions’ capability to hedge risk and invest in this market.
  • NBA Player to Soon Use Ethereum: Brooklyn Nets player Spencer Dinwiddie revealed that he will soon be launching a bond representing himself on the Ethereum blockchain in collaboration with security token platform Securitize.
  • Bitcoin Exchange Deribit Leaves Europe as Regulatory Pressure Mounts: In a blog post published on January 9th, Bitcoin derivatives platform Deribit, a platform frequented by many crypto traders, revealed that it is officially leaving the Netherlands due to the Fifth Anti-Money Laundering Directive (5AMLD), a regulation set to be implemented in a majority of European countries on January 10th. Deribit will be setting up operations in Panama, where there are laxer laws, to operate the new platform. “The Platform will move to Panama, as we wish to continue offering an easily accessible trading platform at very low costs. Regardless of this move, Deribit users will still need to comply with KYC laws to trade Bitcoin on the platform, with all being forced to submit their legal name, name, date of birth, address, and country of residence.
Featured Image from Shutterstock
Tweet123Share196ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

XRP

$3M In Stolen XRP Tracked — But Victim May Never See It Again: Investigator

A US investor says he lost $3 million in XRP after hackers emptied his wallet, and blockchain tracking suggests the...

Christian Encila 2 hours ago
Mystery box kaina: atraskite puikius pasiūlymus Lietuvoje

Mystery box kaina: atraskite puikius pasiūlymus Lietuvoje

Pastaruoju metu internete vis dažniau ieškoma, kur rasti geriausią mystery box kainą. Nenuostabu – kiekvienas žmogus nori sužinoti, ar ši...

Tomas Jankūnas 3 hours ago
Volgens JPMorgan is de Bitcoin waarde te laag. Is dit bullish Bitcoin nieuws?

JPMorgan crypto trading onderweg – wat betekent dit voor de bull run?

De volgende grote stap in de adoptie van digitale assets lijkt nu dichterbij dan ooit. Volgens recente berichten van ZyCrypto...

Lars Diederiksen 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Πρόβλεψη τιμής Dogecoin

Πρόβλεψη τιμής Dogecoin: Ο “βασιλιάς των meme coins” επιστρέφει στα $0,2 – Ο Elon Musk κινείται και το Maxi Doge εκτοξεύεται

Ιωάννης Ριζόπουλος 39 minutes ago
Dogecoin

Dogecoin Price Moves: Can It Repeat The 36,000% Rally ‘Anomaly’ From Last Cycle?

Scott Matherson 1 hour ago
dogecoin

Dogecoin 3rd Cycle Explosion: Analyst Revels The Only Difference From Last Two Cycles

Sandra White 1 hour ago

Premium Sponsors

Press Releases

  • 仮想通貨おすすめ:520万ドル規模のプレセールが本日終了、次に爆発する可能性のある新プロジェクト

    ...

    30 minutes ago
  • 24時間で資産急騰も?ChatGPTが注目する仮想通貨1000倍の新プロジェクト

    ...

    43 minutes ago
  • Những Meme Coin tiềm năng nên mua ngay khi giá...

    2 hours ago
  • Potential Coins

    Bitcoin Hyper sắp đạt 25 triệu USD trong presale...

    2 hours ago
  • Top 3 Altcoin

    Những Alt Coin tiềm năng sắp bứt phá khi các...

    2 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.