Coin prices are down as we start the working week. On a positive note, Bitcoin remains above $7,000. - Bitcoin: $7,630 (⬇️ 3.12%) // $123.3 billion market cap.
- Ethereum: $153 (⬇️ 4.23%) // $16.9 billion market cap.
- XRP: $0.183 (⬇️ 4.43%) // $8 billion market cap.
- Tether: $1.00 (⬆️ 0.15%) // $6.3 billion market cap.
- Top 100 Winner: Digitex Futures: $0.045 (⬆️ 8.11%) // $36 million market cap.
- Top 100 Loser: DigiByte: $0.005 (⬇️ 9.77%) // $72 million market cap.
Prices are as of 2 p.m. ET.
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Self-proclaimed Satoshi Nakamoto Craig Wright has withdrawn his lawsuit against Adam Back. In a series of tweets published yesterday, Adam Back, co-founder and CEO of Blockstream, noted that Wright had dropped a libel lawsuit against him. | |
Report: Chinese investment in blockchain is catching up with the U.S. In 2019, the amount put toward Chinese blockchain investments accounted for 22 percent. This is compared to 31 percent in the U.S. | |
HIVE Blockchain Technologies Ltd. has acquired Cryptologic for $3 million. The acquisition of Cryptologic, a crypto mining facility, will see HIVE invest over $2 million in new cryptocurrency mining equipment for the company. To read this item, upgrade to Inside Crypto Premium NOW. UPGRADE HERE  | | | |
Report: XRP was the worst performing altcoin during Q1 2020. Research company Messari published a report on the altcoin, which shows that during the first three months of 2020, XRP closed with a negative return of 10 percent. | |
 Bitcoin miners could see revenue cut following the network's block reward halving next month. Bitcoin's block reward halving is expected to take place on May 12 or 13, which will see the reward dropping from 12.5 Bitcoins to 6.25. At present, Bitcoin miners make around $13.4 million a day when it comes to revenue; however, following the reward decline, and if the price of Bitcoin remains the same, miners are likely to see their revenue fall to around $6.7 million a day. This could potentially make it difficult for those who have inefficient hardware to continue mining, but those who are able to withstand the changes may also find themselves in a better position. THE BLOCK 
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The Litecoin Foundation has acted as an executive producer for a horror film. Called "We Summon the Darkness," the film was produced by Litecoin community member @CommonEnemyInc and was announced on the Litecoin Foundation Twitter page yesterday. On Apple iTunes, the movie's description says that three friends attend a heavy metal concert; however, on their way there, they hear of a local murder believed to be tied to a number of satanic killings. Johnny Knoxville stars as a fire-and-brimstone preacher in the movie, which was released earlier this month and is available on Apple iTunes and Amazon. 
@LTCFOUNDATION/TWITTER
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Binance launches Bitcoin trading options. In an announcement published today, the crypto exchange said that the new offering is only available on Binance's latest version of mobile apps. According to the platform, its options product permits a lower entry barrier and flexibility to option traders. Binance added that it also allows for a shorter time frame compared to traditional options, ranging from 10 minutes to one day. Binance is known for providing crypto-to-crypto trading; however, it moved into futures offering last year, which has been effective at driving the growth of Binance Futures, according to Aaron Gong, vice-president of Binance Futures. FINANCE MAGNATES
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 Cameron Winklevoss: Bitcoin to see "inflection point" thanks to COVID-19. In a tweet over the weekend, Winklevoss, co-founder of crypto exchange Gemini, commented on the impact that coronavirus will have on Bitcoin and its users. One user asked, "Agree, when do you think people will realize that in masses?" Winklevoss responded, "Please wait a moment while I grab my crystal ball..." He's not the only public figure that is optimistic over the future of Bitcoin during the current climate. Former hedge fund manager Mike Novogratz believes 2020 could be the year for Bitcoin, arguing that it could hit new highs. Meanwhile, RT host Max Keiser has raised his price target for Bitcoin to $400,000. @WINKLEVOSS/TWITTER
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 |  | This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. Connect with her on Twitter. |  | | Editor | Beth Duckett is a former news and investigative reporter for The Arizona Republic who has written for USA Today and other publications. You can follow her tweets here. | |
