Bitcoin News

The next release of major Bitcoin (BTC) wallet software Electrum Bitcoin Wallet will support off-chain scalability solution Lightning Network (LN). The Electrum official Twitter account announced the upcoming LN integration in a tweet sent on Oct. 14. The tweet announced: “The next release of Electrum will support Lightning payments. Our lightning node implementation has been […]

It’s safe to say that Bitcoin has come a long way since it was first introduced to the public. Interestingly enough, exactly 10 years ago on this same day, the first bitcoin market transaction took place. Let’s have a look at how it went and where we are today. Bitcoin Transaction 10 Years Ago Exactly […]

Jihan Wu, co-founder and CEO of Chinese mining giant Bitmain, believes the next Bitcoin (BTC) block reward halving should not lead to a bull market, but the coin’s price will grow in the long term. According to Chinese industry news outlet 8BTC’s report published on Oct. 11, Wu made his remarks during the World Digital […]

Despite a fall this year of around 40%, many Bitcoin price metrics are still overwhelmingly bullish. The number of addresses holding over 1000 coins, and the number of Bitcoin Millionaire Whales have both increased this year alongside network health indicators such as hash rate. Bitcoin Millionaire Whales Hits All Time High The number of BTC […]

The Bakkt Bitcoin Futures Trading platform is starting to build momentum after a disappointingly uneventful launch. On Thursday 10 October, the exchange reported 224 BTC contracts had been traded, which equates to around $1.83 million. That figure is 3,100% higher than the mere 7 Bitcoin contracts that were traded on the very first day, only […]

American taxpayers are delighted to learn the regulator of the banking industry, of corporations, and of much of the economy, has so much to do that they decided to write an entire book on bitcoin to say no to yet another ETF application. Excited at the opportunity to repeat for the 100th time what was […]

The US Security and Exchange Commission (SEC) under the leadership of Chairman Jay Clayton will never approve a bitcoin ETF ( exchange-traded fund ), believes Jake Chervinsky of New York-based Kobre & Kim, LLP. The general counsel noted that Clayton and his team look at bitcoin as an asset that remains “susceptible to manipulation and […]

Bitcoin will see fresh adoption thanks to fiat weakness – but not in the way many users assume, says one of the industry’s best-known analysts. “Forget About Bitcoin Mainstream Adoption” In a tweet on October 10, the social media commentator known as PlanB said that Bitcoin’s $8260.38 next use case would come in the form […]

US stock index S&P 500 is moving towards new highs, and that can be a catalyst for another Bitcoin Price Breakout Likely, says Thomas Lee, Head of Research at Fundstrat. Bitcoin to Benefit from Stock Market Confidence While the largest cryptocurrency has proven to have a low correlation with traditional markets, a stock market rally […]

Bitwise Asset Management and NYSE Arca have confirmed they will refile their application for a Bitcoin ETF ( exchange-traded fund ) after United States regulators rejected it. Bitwise Bitcoin ETF: We intend to refile According to a news release published on Oct. 9, the companies said that while the U.S. Securities and Exchange Commission (SEC) […]

The leaders of crypto payment app Metal Pay, Marshall Hayner and Erik Finman, Bitcoin Millionaire Teenage, are launching an investment fund. Dubbed Metal VC, the $1 million dollar fund will focus on micro and angel investments, primarily in early-stage companies involved in banking and decentralized finance. The fund will allow the startup to align with […]

The upcoming Bitcoin (BTC) options may be a hit product with miners and traders based in China, the CME Group believes. CME Notes Robust Interest from Asian Traders Tim McCourt, CME Group’s global head of equity products, expects to see the new options contracts surpass the popularity of futures. Even now, as much as 50% […]

The Internal Revenue System in the US published its new guidelines regarding cryptocurrencies. According to the guidelines, the tax applicable to crypto investments would come under capital gains tax. Investment in crypto would be considered similar to investing in any other property. If a hard forks is followed by airdrop and a person receives new […]

Blockstream co-founder and Bitcoin developer Greg Maxwell explained that it is very unlikely that a 51% attack would end the bitcoin. He thinks changing rules of bitcoin in favor of a more centralized structure is a far greater risk to the system. Another bitcoin developer Cory Fields believes an accidental bug that gets introduced internally […]

Ever since Facebook announced its crypto-asset dubbed Libra, the entire market, especially Bitcoin, has come under fire by regulators and their fears over the asset class’s use in criminal activities. But Bitcoin Helped Fight Crime However, one former United States Department of Justice prosecutor turned crypto venture capitalist, says that while Bitcoin is regularly used […]

We all know there are plenty of whales out there with the power to move the market. But who are the Richest Bitcoin wallet HODLers among them? Exchanges Are the Richest Bitcoin Wallet HODLers It will probably come as no surprise to hear that exchanges are the Richest Bitcoin Wallet HODLers. 6.7% of the current […]

Bitcoin Investment Portfolio is a great tool to diversify an investment portfolio, investment management firm VanEck concluded in a blog post. The Cryptocurrency Shows Low Correlation to Traditional Assets It is not a secret that Bitcoin demonstrates almost no correlation to traditional assets. This aspect was previously analyzed in detail by several well-established asset managers […]

Bitcoin price today has suddenly jumped by $500, up from circa $8,200 to a recent high of $8,700 to currently trade at $8,600 at the time of writing. The rise was on significantly increased volumes, with the latest candle showing the exchange of 322 bitcoins during a two hours period, while previous candles were at […]