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Bitcoin Miner Riot Blockchain Racks Up $221 Million Deficit
13.5.2020
Despite increasing revenue, Riot Blockchain’s first-quarter financials reveal that the company has relied on equity and debt financing to fund its operations
Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility
13.5.2020
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116...
Craig Wright Threatened to Crash The Bitcoin Price … So What Happened?
13.5.2020
There are many halving predictions yet to come true — among them Satoshi claimant Dr Craig Wright’s ‘long term advance notice’ from 2018 that he would crash the Bitcoin price
Halving Sell-Off Temporary, BTC to Hit $20,000 by Year End, Says Billionaire Investor Novogratz
13.5.2020
Bitcoin (BTC) may not have pumped at the scale expected by many halving optimists, but Wall Street billionaire Michael Novogratz insists that the price will hit $20,000 by year-end. The Galaxy Digital founder and chief executive officer on Monday told CNBC that bitcoin’s surge was inevitable...
Key Bitcoin Price Metric Shows Drop in Investor Fear After BTC Halving
12.5.2020
Bitcon’s implied volatility dropped sharply after the halving but what does this mean for BTC investors?
Study: Communication and Education Are Key To Building Trust in Crypto
12.5.2020
A study revealed that three out of four people surveyed among two million respondents are not familiar with cryptos and blockchain technology
Market Wrap: Bitcoin’s Price Is Rising Despite a Dull Halving
12.5.2020
Based on the rise of daily active bitcoin addresses, the highest number since 2018, interest could continue now that the halving is complete
Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout ‘Too Big to Fail’
12.5.2020
The U.S. Federal Reserve has continued its schemes of monetary easing and funding a number of private banks during the Covid-19 outbreak. On Monday evening, the Fed revealed it would be buying corporate bonds and exchange-traded funds using the entity’s Secondary Market Corporate Credit...
Bitcoin Network Is at Peak Health Post-Halving, Report Shows
12.5.2020
A report indicates that despite concerns over mining after the halving, the health of the Bitcoin network remains excellent
Stablecoin Supply Breaks $10B as Traders Demand Dollars Over Bitcoin
12.5.2020
The value of assets for all stablecoins surpassed $10 billion as more cryptocurrency traders prefer alternative cryptocurrencies using dollar-backed digital tokens instead of bitcoin, according to Coin Metrics data
New Cryptic Chinese Operation Instantly Becomes Sixth-Largest BTC Mining Pool
12.5.2020
A new Chinese mining pool swiftly takes 5% of the Bitcoin mining pie, while its origins remain unknown
There’s Still a Non-Trivial Chance of a Ban on Bitcoin - Kraken CLO
12.5.2020
Even today, there is a non-trivial chance that governments try to ban Bitcoin (BTC), according to Marco Santori, the recently appointed Chief Legal Officer (CLO) of major crypto exchange Kraken.
“I don’t think it’s a 20% or 30% chance in the next five years, but I think it’s real. And it’s up to...
Bitcoin News Roundup for May 12, 2020
12.5.2020
With the third Bitcoin halving in the rear view mirror, Markets Daily is back with your bitcoin news roundup for look at price movements, problematic privacy and more
Bitcoin Cash Upgrade 3 Days Away – New Opcode Support, Chain Limit Extension, Sigchecks
12.5.2020
On May 15, the Bitcoin Cash (BCH) blockchain will be upgraded and there will be at least three new features added to the longest chain. The upgrade in three days is being discussed fervently by the community, because it follows the recent and controversial Infrastructure Funding Proposal (IFP)....
Lots of Action but No Bull Rally: Here’s How the Bitcoin Halving Went Down
12.5.2020
Monday may have been uneventful for Bitcoin’s price, but it was a historic moment nonetheless
Bitcoin Eyes $9K as Billionaire VC Sees Dollar ‘Deflationary Spiral’
12.5.2020
Smoother conditions follow Bitcoin’s third block subsidy halving on Monday, but anticipation is building as fiat continues to wane
Honesty and Education Will Help Bitcoin Build Trust – Survey
12.5.2020
Source: Adobe/Pixel-Shot
Education and honesty could help cryptocurrencies, such as Bitcoin (BTC), achieve mainstream acceptance, per a new report.
These were the findings of the 2020 Edelman Trust Barometer, a survey that garnered data from 34,000 people in 26 regions, with 1,150 respondents...
Demand for Non-Sovereign Safe Havens - Bitcoin & Gold - Expected to Rise
12.5.2020
The demand for non-sovereign "safe haven" assets, such as bitcoin (BTC) and gold, to rise considerably as the risk of broad-based currency debasement increases, according to US-based crypto research boutique Delphi Digital.
Gold demand in the past 12-18 months has already been on the rise...
JPMorgan Chase Starts Accepting Bitcoin Businesses for Banking Services
12.5.2020
JPMorgan Chase has reportedly started providing banking services to bitcoin businesses, with the first two clients being Coinbase and Gemini exchanges. JPMorgan also recently recommended having cryptocurrency in investment portfolios as its CEO, Jamie Dimon, changed his mind about bitcoin. JPMorgan...
New User Registrations on Binance Approach All-Time High Amid Bitcoin Halving
12.5.2020
Binance’s CEO said that the number of new user registrations has reapproached the levels seen at the peak of the 2017/2018 parabolic bull run