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Bitcoin Difficulty Touches All-Time High, 120 Exahash of Hashpower Remains Strong
13.7.2020
The network difficulty for the Bitcoin network spiked over 9.8% on Monday bringing the difficulty to its highest point ever. The record high of 17.35 trillion makes it much harder for bitcoin miners to profit. However, the overall Bitcoin network hashrate has remained consistently above the...
Deposition of Craig Wright’s Wife Shows Little Understanding of Bitcoin Private Keys
13.7.2020
According to a court filing on June 30, the Kleiman v. Wright case has postponed the jury trial until October 13 in the Miami Division courthouse. Meanwhile, a deposition stemming from Craig Wright’s wife, Ramona Watts, shows that she has little understanding of how Bitcoin works after being...
Chainlink (LINK) Becomes the ‘Tesla’ of Cryptocurrency — What’s Next?
13.7.2020
Chainlink overshot the previous bullish target hitting a new all-time high of $8.40, but how much higher can LINK price really go?
Dogecoin Is 'Not a Joke,' Says OKEx CEO Jay Hao
13.7.2020
Hao pointed out that DOGE enjoys healthy development, longevity and features that cannot be found in many old-time cryptos
Brazil’s Top Exchange Mercado Bitcoin Lists Sport Token Chiliz
13.7.2020
Chiliz is entering one of the world’s best football countries by listing CHZ token on the largest crypto exchange in Brazil
Crypto Exchange Cashaa Loses 336 Bitcoin Worth $3 Million to Hackers
13.7.2020
Cryptocurrency exchange Cashaa says it has lost 336 bitcoin (worth around $3.1 million) to hackers. The London-based platform has now ceased all crypto-related transactions, including withdrawals and deposits, as investigations into the breach get underway. In a tweet on July 11, Cashaa claimed...
Altseason Imminent: ‘Most Altcoins Should Gain on Bitcoin Soon,’ Says Veteran Analyst
13.7.2020
During the last 30 and 90-day intervals, a number of altcoins have done much better than bitcoin, as far as price percentage increases are concerned. Last Thursday, the popular analyst Peter Brandt told his 360,000 followers that the price of ethereum saw a “significant breakout”...
‘Ferocious Rally’: Weiss Ratings Bullish on Bitcoin, Price to Hit $70K Next Year
12.7.2020
Weiss Ratings has outlined key reasons why investors should be bullish about bitcoin, seeing a “ferocious rally” with the price of the cryptocurrency expected to hit $70,000 next year. In addition, the Federal Reserve’s massive money-printing and institutional investments into...
Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure
12.7.2020
Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. Tether Frozen in 40 Addresses Tether...
Nigerian Scammers Used BTC & Gemini Exchange to Siphon Millions
12.7.2020
Nigerian scammers converted millions of dollars into Bitcoin via Gemini exchange according to an FBI criminal complaint
$424 Million and Numismatic Value: There’s Only 20,000 Casascius Physical Bitcoins Left Unspent
12.7.2020
For many years now physical bitcoins have been a very popular trend, but one specific type called the Casascius physical bitcoin collection has intrigued people for years. Last December, someone redeemed a 100 BTC Casascius bar and since then 560 Casascius coins worth $5.1 million have been...
Why Banks Keep Blocking Cryptocurrency-Related Transactions
12.7.2020
The close interaction between traditional finance and regulators is the key element in the development of the cryptocurrency industry
Cryptocurrency News From Japan: July 5 - July 11 in Review
11.7.2020
Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week
Chinese Authorities Confiscate $15 Million in Cryptocurrencies, Arrest 10 Scammers
11.7.2020
Chinese authorities have seized cryptocurrencies worth about $15 million while bringing down a scam involving fake Huobi tokens. In addition, ten people were arrested while luxury cars and real estate were confiscated. The police in the Chinese city of Wenzhou, Zhejiang province, have cracked...
To Accelerate Cryptocurrency Adoption, We Must First Improve User Experience
11.7.2020
Cryptocurrency adoption is inevitable, but without strengthening our approach to user education, the process will be slow
This Exchange Crashed Bitcoin Price to $9K: Here’s Why That’s Bullish
11.7.2020
The drop in the price of Bitcoin on July 10 to $9,100 was led by Bitstamp, data finds, coinciding with selling by BTC miners
Bitcoin Prize For Winners Of South Africa Mountain Bike Race
11.7.2020
About 150 mountain bikers will compete at this year’s edition of the Munga MTB race in South Africa. The race will commence in the first week of December. The top three finishers in each category will share the 1.5 bitcoin in prize money. The Bitstamp sponsored race was launched in 2015....
Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage
10.7.2020
The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday. The new derivatives products offered by Monex will include bitcoin, XRP, ether, and bitcoin cash pairs with 2x leverage. Japanese digital...
Bitcoin’s Correlation With Gold Is Weakening, Says New Kraken Report
10.7.2020
A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility
Binance CEO CZ Showcases First Use of Binance Card
10.7.2020
Binance CEO Changpeng Zhao shows first beta transactions involving Binance’s long-anticipated crypto debit card, Binance Card