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Experts Say Bitcoin Difficulty Adjustment Might Prompt Miners to Switch Off Again
18.6.2020
As the network gets readjusted, and Bitcoin mining difficulty increases, older generations of mining machines might be out again
Bitcoin Still Undervalued After Q2 Rally, Price Metric Shows
18.6.2020
Bitcoin's Mayer multiple indicates the cryptocurrency is undervalued despite having rallied by over 40% this quarter
Japanese Financial Giant Nomura Launches Digital Asset Custody Service
18.6.2020
Japan looks to have a brand new crypto player – with big-hitting financial group Nomura launching digital token-related business activities.
Per Japanese media outlet CoinPost, the Japanese company has teamed up with crypto firms Ledger and CoinShares to launch B2B “digital assets” custodial...
Bitcoin Miner Maker Ebang Estimates $2.5M Loss for Q1 in IPO Prospectus Update
18.6.2020
The Chinese firm also revealed its anticipated share price in its updated filing with the U.S. SEC
OKCoin, BitMEX Sponsor Bitcoin Core Developer Amiti Uttarwar
18.6.2020
OKCoin and BitMEX just sponsored another Bitcoin Core developer, Amiti Uttarwar, who is focused on privacy tech and education
BitMEX Parent Company Collaborates With OKCoin in $150,000 Bitcoin Grant
18.6.2020
BitMEX parent company HDR Global and OKCoin are collaborating on a joint $150,000 grant for an independent Bitcoin developer
Bitcoin And Altcoins Continue To Fail Near Major Hurdles
18.6.2020
Yesterday, bitcoin made another attempt to climb above the USD 9,550 resistance zone. However, BTC failed to continue higher and recently started a slow decrease. It is currently (08:30 UTC) trading well below USD 9,500 and it might continue to move down towards USD 9,300.
Similarly, most major...
Insider Claims Trump ’Told Treasury Secretary’ to ’Go After’ Bitcoin
18.6.2020
Donald Trump has been "after" bitcoin (BTC) for at least two years now, allegedly stating the world's number one token is a fraud, per claims in a new tell-all book.
The United States President allegedly told Treasury Secretary Steven Mnuchin to crack down on the trading and selling...
Bitcoin S&P 500 Correlation Means It Should Cost $18K, Says Analyst
18.6.2020
Heavy correlation to the S&P 500 means that BTC/USD should be more like $18,000 unless the market falls, says the stock-to-flow creator
Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC Resistance
18.6.2020
Wisdomtree has filed for a commodity fund with 5% exposure to bitcoin, in a fresh attempt to bring an exchange-traded fund (ETF) backed by the benchmark cryptocurrency to the market. According to a filing with the U.S. Securities and Exchange Commission (SEC), the fund is targeting to invest mainly...
Ontology and Bitcoin Suisse Partner to Strengthen European Ecosystems
18.6.2020
Blockchain platform Ontology has partnered with Swiss service provider Bitcoin Suisse as part of their European growth strategy
Fund Manager Files for ETF Spanning Energy, Agriculture and Bitcoin Futures
18.6.2020
A New York-based asset manager has filed for an ETF that will invest up to 5% of its capital into Bitcoin futures contracts despite focusing on energy, agriculture and metals
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