Tag: BTC

Amid the escalating chaos of the anti-government protests in Hong Kong, bitcoin trading volume has hit an all-time high on peer to peer exchange, LocalBitcoins. Residents of Hong Kong are still staggering from what was an exceptionally violent week of protests. The outrage over the now- withdrawn extradition bill has boiled over into issues such […]

Amid the recent bitcoin price crash, Mao Shixing, founder of F2Pool, currently the world’s largest F2Pool bitcoin mining pool, published a list of the “shutdown price,” below which cryptocurrency mining machines have to be shut down due to lack of profitability. According to Mao, at the current mining difficulty, older mining models including Whatsminer’s M3 […]

You don’t have to be a trader on Coinbase to make a profit, Coinbase Stablecoin to Pay Users 1.25% Interest on USDC Holdings. Starting Wednesday, customers of the San Francisco-based cryptocurrency exchange can earn interest on their holdings of the dollar-pegged stablecoin USDC. The annual percentage yield (APY) is 1.25 percent. “We’re trying to build […]

A senior crypto analyst at Bloomberg Intelligence says he’s feeling bullish on Bitcoin. According to Mike McGlone, BTC has hit its first solid support zone since May, and CME Group’s launch of Bitcoin options early next year should help trigger a new rally in the long run. “The price has dipped into the first good […]

The Bitcoin (BTC) network experienced fresh turbulence on Sept. 30 while evidence emerged of a fire destroying $10 million worth of bitcoin mining farm. A video of alleged Bitcoin mining farm fire emerges According to Marshall Long, one of the first active Bitcoin miners, mining company Innosilicon’s giant data center began burning on Monday. Details […]

One of the few countries in the world to ban Bitcoin and cryptocurrency outright has conducted multinational training on crypto crime prevention. Eight Countries Meet For Legal Training According to local news outlet SketsIndo, the Attorney General of Indonesia gathered attorneys from eight countries for a dedicated four-day cryptocurrency course. The move was in response […]

The CEO of Brazilian cryptocurrency firm Grupo Bitcoin Banco has claimed 25,000 Bitcoins (BTC) — a staggering $209 million as of press time — on a bitcoin tax filing, while also saying his firm is unable to pay out customer funds as the result of a hack. The tax document was shared by an individual […]

The (BTC) Bitcoin network produced an unusually slow block, taking 119 minutes to discover the block number. The anomaly is happening despite the record activity of miners. Slow Block May Be a Statistical Anomaly on Bitcoin Network The Bitcoin network has a 10-minute block schedule, and so far keeps within the predetermined time, with only […]

Decentralized data governance startup Band Protocol launched its fully decentralized BTC binary options trading app BitSwing on Ethereum’s (ETH) mainnet. Band Protocol — which closed a $3 million seed round led by Sequoia Capital India this February — announced the launch of BitSwing ahead of its ETH mainnet roll out on Sept. 30. Binary options […]

Bitcoin’s fall over the last few days has emboldened bears to come out of hiding. BTC Can Drop to Anywhere from $7,000 to $0 Say Bitcoin Price Analysis Calls for a plunge to $7,000 and below are overwhelming social media channels. It appears that in one bearish push, all the hard work that the bulls […]

Bayern LB, one of Germany’s top banks, has published a report in strong support of bitcoin superseding gold, predict bitcoin price of $90,000 per BTC post bitcoin’s halving in 2020. Within a report entitled, “Is bitcoin outshining gold?” the bank’s researchers delved into the stock-to-flow ratios of gold and bitcoin, specifically regarding the impact of […]

In the infancy stages of cryptocurrency development, Banking Crypto were outwardly hostile towards digital currency. However, the widespread adoption of blockchain-based technology for processing financial transactions quicker, safer, and more efficiently has led to a rethinking of traditional thought processes among notable banking giants. A caveat is in order, however many banks remain opposed to […]

The United States Commodity Futures Trading Commission (CFTC) charged a United States resident with a $7 million Bitcoin (BTC) related fraud. In an official news release published on Sept. 30, the regulator revealed that Jon Barry Thompson of Easton, Pennsylvania, is charged with “knowingly or recklessly making false representations to customers in connection with the […]

Peter Schiff, the chief executive of Euro Pacific Capital and Chairman of Schiff Gold, is an outspoken bitcoin earning hater. His animosity against the top cryptocurrency can be traced as far back as June 21, 2011. In his very own radio show, Schiff fervently expressed how bitcoin had no intrinsic value. He said, Intrinsically, the […]

A sobering thought for those bemoaning losses from last week’s bitcoin price drop. You could have bought bitcoin in 2013 at $13 and still lost money… and lots of it. Such is the importance of the ‘rule of ten best days’, which states that ‘excluding the ten best days each year, BTC has fallen 25% […]

Bitcoin dropped 20 percent in the past week. Analysts say they know who is responsible for Bitcoin Price Crash. A report by JP Morgan Chase & Co Friday said the underwhelming launch of ICE’s Bitcoin futures contracts exchange, Bakkt, is responsible for Bitcoin’s latest price crash. The project’s price fell off a cliff last week, […]

Billionaire Mark Cuban is putting his thoughts about Bitcoin, crypto and blockchain technology on the record. In a new video for Wired, Cuban responds to a question on Twitter asking why he doesn’t support crypto assets. Cuban says he doesn’t see any real-world use case for cryptocurrencies, and equates people who own Bitcoin to comic […]

Following the roll-out of mobile internet across the country in 2018, many ordinary Cubans are increasingly using cryptocurrencies to bypass economic sanctions imposed by the United States and access the global marketplace including Crypto in Cuba. Despite growing adoption, cryptocurrency still faces a number of challenges in Cuba, including limited access to crypto exchanges, lack […]