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Bitcoin’s Massive Correction on the Way: How to Maximize Profit in the Bear Market?
18.6.2020
Bitcoin started off the week on the wrong foot. After trading sideways for a few weeks at $9,400, it suddenly plunged to $8,971, leading many to believe this is the beginning of a bear market. According to market data, the sell-off was partly caused by Bitcoin whales dumping their coins, which...
Donald Trump Told Treasury Secretary to ‘Go After Bitcoin’
18.6.2020
According to John Bolton’s new book ‘The Room Where It Happened’, Trump was against Bitcoin long before his July 2019 Twitter tirade
‘Interesting’ Two-bill Plan May Save ‘Shambolic’ Russian Crypto Law
18.6.2020
Industry insiders say the Russian government’s cryptocurrency policy is “shambolic” and says Moscow “urgently needs to start doing its deliberation behind closed doors,” while other experts welcome a possible two-bill solution.
The comments came after another government ministry spoke out against...
Capitol Hill Autonomous Zone: Crypto Paradise or Digital Shakedown?
18.6.2020
CHAZ inhabitants can apparently use crypto at a handful of businesses — but are less scrupulous types capitalizing on the situation?
Bitcoin Price Not as News-Driven as Previously Thought, Study Finds
18.6.2020
Source: Adobe/Pixel-Shot
Despite bitcoin (BTC) having a reputation for wild price swings, investors shouldn't necessarily get too concerned about potential bad news surrounding it, suggest the results of a new study on bitcoin’s price volatility.
The study went into great detail on the impact...
Bitcoin Broker River Financial Announces $5.7M Seed Round
18.6.2020
The San Francisco-based Bitcoin financial services firm announced it had raised $5.7M in a seed funding round led by Polychain Capital
Bitcoin Mining Heats Up: High Difficulty Adjustment, Pool Consolidation, Less Concentration in China
18.6.2020
It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network saw a large upwards difficulty adjustment making it much harder to mine bitcoins and slowing down the issuance rate because block generation...
BTC Investors Bullish Even as Bitcoin Price is Below $10K — On-Chain Data
18.6.2020
Bitcoin price is pinned below $10K but on-chain data and market correlations show investors remain bullish
77% Of Bitcoin Volume Is Generated by Boomers For This Bitcoin Broker
18.6.2020
Baby boomers are responsible for the 77% of volume growth for a San Franciscan Bitcoin broker
IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt
17.6.2020
The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland couple liquidate their bitcoin to pay-off a $1.1 million tax debt. Alexander and Laura Strashny proposed to the IRS to pay their 2017 tax liability, generated from non-crypto activities, in installments over...
Market Wrap: Bitcoin Flat at $9.4K but Investors Are Holding On
17.6.2020
There is little to no excitement in the markets today with bitcoin staying steady, which has been the case for its overall price performance the past six weeks
Price Analysis 6/17: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, CRO
17.6.2020
Bitcoin price is struggling to overtake $9.6K even as Federal Reserve policy appears to be driving new investors into BTC
Singapore Ride-Sharing App Lets Customers Pay With Bitcoin
17.6.2020
Singapore-based company announced it will be the first ride-hailing service to incorporate bitcoin payments into its own app
Fed Chair Powell Warns of ‘Unsustainable’ Budget as US National Debt Crosses $26 Trillion
17.6.2020
In his testimony before the Senate banking committee, Federal Reserve Chairman Jerome Powell warned Congress that the U.S. federal budget has been on an unsustainable path for years. He added that the U.S. economy is facing a deep downturn with “significant uncertainty.”...
The Truth About Bitcoin and Hezbollah in Lebanon
17.6.2020
Will Hezbollah in Lebanon use bitcoin? The data suggests terror activity is uncommon despite surging crypto popularity across the Middle East
Bitcoin News Roundup for June 17, 2020
17.6.2020
With Ethereum logging it's busiest week on record and the number of bitcoin whales headed up, CoinDesk's Markets Daily Bitcoin news roundup is back!
Demand for Charter Cities During Covid-19 Pandemic Grows Exponential – People Desire Semi-Autonomous Zones
17.6.2020
For quite some time now, a number of libertarians, bitcoin evangelists, and blockchain entrepreneurs have been promoting the idea of charter cities and seasteading concepts. One such project, Pronomos Capital, has raised $9 million from heavyweight investors like venture capitalist Peter Thiel....
Blockchain Bites: River’s Rise, Canada’s CBDC and Bitcoin’s Whales Post-Halving
17.6.2020
The number of Bitcoin whales is at its highest level since 2017, as the network adjusts its difficulty setting for the first time post-halving
How Cryptocurrency Can Help in Paying Universal Basic Income
17.6.2020
The utopian idea of universal basic income — which has been with humanity for at least half a millenia — can become real with digital currency
Competition Between Bitcoin Mining ASIC Manufacturers Is Heating Up - Report
17.6.2020
After Bitcoin halving, ASIC mining equipment producers will compete increasingly more aggressively, and in the long term, only 2 or 3 industry players will survive, states a report by BitMEX Research.
The report looks into the history and current situation, as well as the efficiency of mining...