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What It’s Like To Mine Bitcoin As a Full-Time Job
2.8.2021
Nick Sears is only 19-years-old, but in just two years he has managed to build himself a career as a full-time bitcoin (BTC) miner. He reportedly makes USD 54,000 a year, turning down college and living in a room located inside a cryptocurrency mining farm.
Sears, who was 17-years-old when he took...
Bitcoin chart fractal suggests BTC price will rally to at least $80K by September
2.8.2021
Calls for a doubled-up Bitcoin price rise as the cryptocurrency paints ten green candles in a row
While Chinese Bitcoin Miners Escaped Crackdowns, Sichuan’s Hydropower Plants Were Not So Lucky
2.8.2021
Regional reports from China indicate that government officials have been reviewing over 5,100 small-sized hydropower plants in order to get them to adapt to China’s cleanup and rectification process concerning future energy sources. China has pledged to be carbon neutral and ultimately have...
Moody's Warns El Salvador, PayPal in Ireland, Crypto Investment Flows + More News
2.8.2021
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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Proclaiming bitcoin (BTC) legal tender reflects El Salvador’s weakened governance and has raised tensions with international...
Bitcoin technicals: How low will BTC price go after failing at $42K resistance?
2.8.2021
Bitcoin price rejection at $42,000 means BTC is now trying to find new high lows, but at what price levels?
US Lawmaker Introduces Legislation to Regulate Crypto Assets and Protect Investors
2.8.2021
A U.S. congressman has introduced the Digital Asset Market Structure and Investor Protection Act. The legislation would “provide the Securities and Exchange Commission (SEC) with authority over digital asset securities and the Commodity Futures Trading Commission (CFTC) with authority over...
Active Bitcoin addresses surged 30% in late July, data shows
2.8.2021
The amount of Bitcoin held on addresses storing between 100 and 10,000 BTC has hit 9.23 million Bitcoin for the first time ever
Marathon buys 30,000 more Bitcoin miners, targets 13.3 EH/s hashing power
2.8.2021
The company’s bid to become the largest Bitcoin miner in the United States could be achieved by 2022
Jihan Wu’s Matrixport Raises $100 Million — Singapore Startup Joins Growing List of Crypto Unicorns
2.8.2021
Matrixport, the digital currency financial services company co-founded by the former Bitmain CEO Jihan Wu, has revealed the company has raised $100 million in a Series C financing round. The funding has propelled Matrixport’s valuation to unicorn status as the firm now has a valuation of over...
BTC price sees 6% correction in contrast to booming Bitcoin on-chain data
2.8.2021
A cooling-off period is welcomed by traders who were already in moderate shock at the veracity of last week's ten-green-daily-candle surge
Crypto Market Sentiment Jumps, Led by Bitcoin and Binance Coin
2.8.2021
Following the last week's shift upwards, market sentiment has continued rising. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins is 5.71, showing a rise from 4.88 recorded a week ago, according to the data provided by the market sentiment analysis service...
Bitcoin, Ethereum, and Altcoins Looking For Direction
2.8.2021
Bitcoin price extended its decline below the USD 40,000 support. BTC is currently (12:25 UTC) consolidating near USD 40,000 and it might start a fresh increase. A close above USD 40,500 is needed for a steady rise.
Similarly, most major altcoins are also trying to move higher. ETH is back above...
Mastercard Outlines Plans for Cryptocurrencies, Stablecoins, Central Bank Digital Currencies
2.8.2021
Mastercard’s CEO has outlined the company’s plans to develop products and services around cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). “We want to be playing a role across all of them … It’s obviously a vibrant space around digital...
Saudi Aramco dismisses 'false and inaccurate' rumors on Bitcoin mining
2.8.2021
Saudi's biggest oil exporter denied claims of involvement in Bitcoin mining activities but continues to bet on blockchain-focused businesses
Coin Race: Top Winners/Losers of July; Bitcoin, ETH Jump, DOGE Drops
2.8.2021
Perhaps somewhat surprisingly, July ended up being a green month. Despite the drops and sideways trading, the second half of the month did see an increase in crypto markets which pulled the month up into the green zone.
This comes after the crypto markets had ended June in red, without a single...
There's no reason not to hold Bitcoin for 100 years, Michael Saylor says
2.8.2021
Nobody is in a hurry with Bitcoin, according to Microstrategy CEO Michael Saylor: "We're thinking that it's the future of the property."
Nigeria’s Legal Operants Dread the Widespread BTC Adoption
2.8.2021
The eminent digital asset ‘Bitcoin’ world over has a record of being the second most appropriated virtual funds exchange in the Nigerian FinTech ecosystem. Regarding BTC cryptocurrency exchanges, Nigeria is listed right after the number one spot of the United States by trading platform Paxful....
While GBTC Bitcoin Stacking Slows, Grayscale Accumulates Alternative Crypto Assets
2.8.2021
Established in 2013, the firm Grayscale Investments has managed to become the world’s largest asset manager for digital currency. While initially starting with bitcoin, the company has since added a myriad of different crypto assets as Grayscale commands $36.34 billion in assets under...
Updated Infrastructure Bill Still ‘Unacceptable’ for US Crypto Industry
2.8.2021
Heavyweight critics are gunning for a controversial new bill that they claim will see the United States “essentially abandon” the “fintech revolution” if passed into law.
The bipartisan measure, which addresses a range of infrastructure-related measures, could raise up to USD 28bn from crypto...
Betting on tax bill FUD: 5 things to watch in Bitcoin this week
2.8.2021
Fresh hurdles to overcome for Bitcoin sentiment come as fundamentals stay solid and $40,000 refuses to go without a fight