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Amid Taliban takeover, aspiring crypto miner flees Afghanistan
25.8.2021
The Afghan refugee believed the Taliban would restrict access to smartphones and the internet, making crypto mining impossible
Citigroup Files to Trade Bitcoin Futures, Says Clients Are ‘Increasingly Interested’ in Cryptocurrency
25.8.2021
Citigroup is reportedly awaiting regulatory approval to start offering bitcoin futures trading to its clients. “We are presently considering products such as futures for some of our institutional clients, as these operate under strong regulatory frameworks,” said Citigroup. Citigroup...
Bitcoin Mining Difficulty Takes Another Large Step Up, As Miners Reposition
25.8.2021
On Wednesday, Bitcoin (BTC) mining difficulty has just jumped once again, for the third time in a row, forming a new increase streak, as previously discussed.
Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, jumped by 13.24%, reaching 17.6 T. This is...
Cancun’s Luxurious Catamaran Charter Accepting Bitcoin to Binance Cryptocoins
25.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
As the cryptocoin Bulls run once again, there are plenty of ways newborn millionaires will spend their money. Some will join the real estate market buying madness. Some will diversify in other coins. ...
DeFi Adoption Driven By Seasoned Traders, Investors From High-Income Countries - Report
25.8.2021
Decentralized finance (DeFi) adoption has been primarily driven by experienced cryptocurrency traders and investors which explains why its adoption is more visible in high-income countries which benefit from established cryptocurrency user bases, according to a recent report by blockchain analysis...
Let’s be clear: Blockchain technology is infrastructure
25.8.2021
With continued dialogue between the blockchain industry and the U.S. Congress, there is still hope that regulatory legislation will arrive at a mutually beneficial resolution
XMR Developer Announces Bitcoin to Monero Atomic Swap Capabilities
25.8.2021
For quite some time, trustless, cross-chain trades called atomic swaps have been a holy grail of sorts and a number of blockchain developers have worked on making them a reality. According to the developers from the Monero project, atomic swaps between bitcoin and monero are now accessible via...
Bollinger Bands creator warns Bitcoin bulls as BTC price struggles below $50K
25.8.2021
"Watch carefully, maybe take some profits or hedge a bit," advises John Bollinger
Bitcoin, Ethereum and Altcoins Approach Key Supports
25.8.2021
Bitcoin price failed to recover above USD 49,000 and started another decline. BTC traded below the USD 48,000 support level, broke USD 47,500 and is currently (04:00 UTC) struggling to recover losses.
Similarly, most major altcoins are moving lower. ETH extended its decline below USD 3,150 and even...
Bitcoin loses $48K as analysts eye next zones for a potential BTC price bounce
25.8.2021
It could take $44,000 or $40,600 before Bitcoin bulls take back control in what is nevertheless a welcome correction for BTC/USD
El Salvador's Bitcoin adoption may transform remittance in Central America
25.8.2021
Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender
USD ‘Going Down’ Says Crypto-Skeptic Billionaire Who Called BTC a ‘Lie’
25.8.2021
Jeffrey Gundlach. Source: A video screenshot, Youtube/Real Vision Finance
A prominent Wall Street billionaire known as the Bond King, a man who once called himself a “long-term dollar bear,” has launched a scathing attack on the USD. The DoubleLine Capital boss Jeffrey Gundlach opined that...
SEC could approve Bitcoin futures ETF in October, analysts predict
25.8.2021
“A launch could come as soon as October, and we believe the SEC should permit several at once to avoid handing out a first-mover advantage,” Bloomberg ETF analysts said
KuCoin encourages greener crypto mining with proof-of-work pool
25.8.2021
According to CEO Johnny Lyu, people using renewable energy sources for mining will receive discounts on fees
Bitcoin, Ethereum and Altcoins Trim Gains
25.8.2021
Bitcoin price failed to stay above the USD 48,000 support and extended its decline. BTC tested the USD 47,600 region and stayed above the USD 47,500 support. It is currently (04:00 UTC) consolidating near USD 48,000, with a major resistance near USD 48,800.
Similarly, most major altcoins extended...
Bitcoin hashrate triples since June 28 in recovery from China syndrome
25.8.2021
Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown
8 Crypto Mining Apps Exposed as Fakes - And 120 More are Still in Business
25.8.2021
Source: AdobeStock / fran_kie
Eight cryptocurrency cloud mining apps that pretended to offer crypto such as bitcoin (BTC) and ethereum (ETH) to users in return for investments into cloud-mining operations were recently found to be fakes, tricking users into watching ads and paying for subscription...
Here’s why Bitcoin bulls might trample $50K ahead of Friday’s $2B BTC options expiry
24.8.2021
Bitcoin has lost the $50,000 level but derivatives data lays out a few good reasons why bulls might march on the resistance level ahead of Friday’s $2 billion BTC options expiry
Kraken Donates to Ethereum Foundation, PAX Becomes USDP + More News
24.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Crypto exchange Kraken has announced they will donate USD 250,000 to the Ethereum Foundation to support developer teams working...
Older Bitcoins Being Spent as Price Climbs, On-Chain Data Shows - Glassnode
24.8.2021
Following the higher bitcoin (BTC) prices seen over the past few weeks, the proportion of old bitcoins that are spent on the network has once again increased, a new report from on-chain analytics firm Glassnode shows.
According to the firm, some long-term bitcoin holders have taken advantage of...