Booming Mining Ecosystem When nearly half of Bitcoin’s hash rate — a metric used to describe the level of computational power backing the network and processing BTC transactions — seemingly disappeared overnight earlier this week, investors were quick to express their concerns on online forums. Cornell University professor Emin Gün...
Bitcoin Goes on A Tear Bitcoin has been on an absolute tear over the past week. According to analytics site Coin360, the asset is up around 22% in the past seven days. As of the time of writing this article, the flagship cryptocurrency sits snug at around $11,700 — down $2,300 from...
The pro-blockchain comments from China’s president, Xi Jinping, continue to have a profound effect on the nation’s involvement with Bitcoin, cryptocurrencies, and blockchain technologies, despite the fact that Xi’s remarks are just four days old. Chinese Bank Invests in Bitcoin Wallet The rumors of Bitcoin’s death in China have seemingly...
EA Drops “Crypto” Tweet For some reason or another, the crypto world has converged on Twitter. The social media platform, headed by staunch Bitcoin bull Jack Dorsey, has become a place for everyone in the industry — from mom & pop investors to fund managers and industry executives — to...
Despite many in the crypto community disliking the idea of “Bitcoin as an asset” rather than a currency, there’s no denying that Bitcoin has been dominating the market in terms of value increased since May 5th of this year. Since Bitcoin’s dip in December 2018, the currency has consistently outperformed...
Libra Not a True Cryptocurrency? Ever since Facebook pompously unveiled Libra in June of this year, media headlines have been all over the “Facebook Cryptocurrency”. Search up the two words aforementioned and you will find a smattering of articles — from both trade publications and mainstream media business/tech outlets alike...
Bitcoin Satoshi’s Vision (BSV) was no doubt the crypto market’s flavor of the week last week. For those who missed the memo, the altcoin was at a point up around 250% on the week, outpacing effectively all other multi-billion-dollar assets on any market. This rally has allowed BSV to become...
In brief: Bitcoin has failed to rally as the Dow and S&P 500 keep dipping amidst fears of the global economic impact of the Coronavirus. Bitcoin has never been tested by a full-blown recession. It was launched after the 2008 financial crisis. BTC’s biggest test will be the forecasted recession...
Although crypto continues to flourish with acceptance mounting each day, there are some who still consider use cases for Bitcoin to be far less versatile than one could hope for. Many still search for more convenient replacements for the currency, including altcoins and even additions to the Bitcoin network. Among...
Crypto exchange Bitstamp has announced a new rule which states that it will start levying a €10 fee on some inactive accounts. The new rule will not be applicable to the US based customers. Crypto exchange Bitstamp will be levying a €10 inactivity charge on some of its users. As...
If you’ve been on Crypto Twitter over the past few months, you’ve likely heard the name “FTX” tossed about. For those who missed the memo, FTX is a cryptocurrency-centric derivatives exchange built by veterans of Wall Street (Jane Street, Susquehanna, and Optiver) and other financial markets. The platform offers high...
Well here’s yet another breaking story. In a U.S. Securities and Exchange Commission (SEC) press release published on Friday afternoon, it was revealed that the agency has “filed an emergency action and obtained temporary restraining order” against two entities behind the Telegram ICO for the Telegram Open Network (TON). The...
