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Bitcoin Price Rises as U.S. Stock Market Rebounds, Maintaining Correlation
18.8.2020
The price of Bitcoin has increased in tandem with the U.S. stock market, as “big tech” fuels stock market sentiment
How to Buy Bitcoin Using CMC’s New Ranking
18.8.2020
CoinMarketCap has long been the place where everyone, anywhere in the world, could find the price and other data aboutContinue Reading
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Bitcoin Hashrate Falls 25% in 3 Days, Miners Unplug as Floods Hit China
18.8.2020
With heavy rainfalls and flooding hitting Southwest China’s Sichuan province, the global computing power dedicated to mining bitcoin (BTC) has now dropped by about a quarter, as some Sichuan-based miners have been forced to unplug from the network.
The bitcoin computing power, usually referred...
Bitcoin Holding Sentiment Strongest in Nearly Two Years
18.8.2020
The amount of bitcoin held on crypto exchanges is down to a 21-month low, a sign investors are feeling bullish
Bitcoin Is ‘a Myth’ Says French Central Bank Policymaker
18.8.2020
A leading French academic and central bank policymaker has called bitcoin (BTC) a “myth” and a “pseudo-currency,” and dismissed the token’s chances of becoming money in the future, claiming that it fails to meet criteria currently fulfilled by fiat.
The claims were made in a paper released by...
Bitcoin and Altcoins Start Fresh Surge As Bulls Take Driver’s Seat
18.8.2020
Bitcoin price started a fresh increase after it broke the key USD 12,000 resistance. It opened the doors for more gains and the price traded close to the USD 12,500 level. It is currently (08:30 UTC) correcting gains, but there are several supports on the downside such as USD 12,200 and...
Game Show Winner Loses $39K in Bitcoin Facebook Scam
18.8.2020
A former winner of Deal or No Deal has lost nearly $40,000 after a bitcoin investment company turned out to be a Facebook scam
Bitcoin Price Will ‘Explode’ Says Trader if BTC Breaches $13,000
18.8.2020
The changing distribution of open interest is “wildly bullish,” one crypto fund manager says as John Bollinger says the price rally is “picture perfect.”
Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower
18.8.2020
The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0.065-0.075 yuan or $0.01 per kilowatt-hour. According...
21Shares Has Added Over 160% to Its Managed Crypto Funds in 2020
18.8.2020
The crypto rally of 2020 is not the biggest reason for 21Shares’ growth
72% of Investors Will Hold Bitcoin Even if Price Falls to $0
18.8.2020
A new poll finds that 72% of bitcoin investors are bullish about the cryptocurrency and will hold onto it even if the price somehow falls to zero. A total of 22,635 votes were gathered for this survey. Most Bitcoin Investors Would Hodl Regardless of the Price Twitter user Plan B, known for...
Top Bitcoin Mining Pools See 15% Hash Rate Drop Amid Continuous Rainstorms in China
18.8.2020
Major Chinese bitcoin mining pools are each seeing daily hash rate drops between 10 to 20% as continuous rainstorms in Sichuan disrupt power supply
Amid US Postal Service ‘Crisis’ USPS Files Patent for Blockchain Mail-in Voting Scheme
18.8.2020
The United States Postal Service (USPS) is falling apart at the seams and many Americans are blaming the Trump administration. The USPS may have to deal with the U.S. election ballot process, as mail-in votes may be the dominant practice thanks to the coronavirus. Amid the American public’s...
Bitcoin Is Now Bigger than Bank of America and NZ Dollar by Market Cap
18.8.2020
As Bitcoin reaches a new yearly high of $12,470, its market cap is now greater than Bank of America's and New Zealand’s fiat currency
Two Bitcoin Farmers Stole $1.5M in Electricity in Bulgaria
18.8.2020
Two Bulgarian nationals have been charged with the theft of nearly $1.5M in electricity used to illegally operate crypto mining farms
Bitcoin Cash and Litecoin Trusts from Grayscale Investments Begin Trading
18.8.2020
Grayscale Investments’ Litecoin Trust (LTCN) and Bitcoin Cash Trust (BCHG) have received DTC eligibility on Monday, which means the shares can begin trading publicly. The firm’s latest funds give investors exposure to the crypto assets bitcoin cash and litecoin and shares will be traded...
Next Round of Possible Bitcoin Stimulus Checks Unlikely Before October
18.8.2020
With the key people unable to arrive at a timely decision, then going on a recess, there is now an uncertainty as to when Americans will get the next round of COVID-19 stimulus checks - but likely not before October. This means that Cryptoverse will have to wait a while before it sees if any -...
Ethereum Classic 51% Attack: Okex Crypto Exchange Suffers $5.6 Million Loss, Contemplates Delisting ETC
18.8.2020
Cryptocurrency exchange Okex reveals it suffered the $5.6 million loss as a result of the double-spend carried out by the attacker(s) in Ethereum Classic 51% attack. Okex says it fully absorbed the loss as per its user-protection policy while insisting that the attack did not cause any loss to...
Investor Jim Rogers Warned of the ‘Worst Economic Downturn’ of His Lifetime
17.8.2020
The trillion dollar bailout will not end well
Market Wrap: Bitcoin Cracks $12.4K; DeFi Crosses $6B Locked
17.8.2020
Bitcoin experienced a big jump Monday as investors continue to drop crypto into DeFi