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Chinese Court Declares Ethereum Legal Property With Economic Value
28.4.2020
A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender...
Network Bringing Bitcoin to DeFi Taps Libra Member Bison Trails for Staking Services
28.4.2020
DeFi protocol Keep Network has tapped Bison Trails to provide non-custodial staking services for tBTC, an ERC-20 representation of bitcoin (BTC) deposits
COVID-19 and the Mass Surveillance Machine, Feat. Maya Zehavi
28.4.2020
An exploration of how the COVID-19 crisis is shifting power dynamics between governments, people, and business
Chinese Officials Support Renewable Energy-Powered Cryptocurrency Mining
28.4.2020
The Chinese city of Ya’an plans to encourage local mining operations powered by its hydroelectric electricity generation facilities
Bitcoin Is Not Just a Dollar Gateway in Argentina
28.4.2020
Bitcoin (BTC)’s usage in Argentina may not be connected with a desire to buy fiats like the United States dollar, says an industry expert, who says that Argentinians could well have more nuanced reasons for snapping up vast quantities of the world’s favorite cryptocurrency in recent weeks.
As...
Bitcoin News Roundup for April 28, 2020
28.4.2020
Bitcoin could hit $8K soon while Indonesia has created a thornless durian. It's CoinDesk's Markets Daily Podcast
Bitcoin’s Halving Is Irrelevant for Some Large Traders
28.4.2020
Bitcoin’s third halving is less than two weeks away. Some traders are less than bullish ahead of the event
Bitcoin Halving Theories: Whale Says Price Rise Is a ‘Nonsensical Narrative,’ Weiss Ratings Expects ‘Massive Crypto Superboom’
28.4.2020
In less than two weeks, the Bitcoin block reward halving will take place and BTC miners will receive half the reward going forward after May 12. Since ‘Black Thursday’ (March 12), bitcoin prices have gained 103% since then rising from $3,800 to $7,750 per coin. With the halving fast...
Crypto Answers to the Global Crisis: Bitcoin's Do-or-Die Moment
28.4.2020
The COVID-19 pandemic has resulted in global financial and economic crisis, and this is the best chance for crypto to prove its benefits
Bitcoin Price Holds Near 7-Week Highs of $7.8K as Futures Volume Rises
28.4.2020
Bitcoin markets are still positive as the May halving closes in, preserving last week’s 10% gains
Bitcoin’s Short-term Goal Lies at $8k Before the Halving Event
28.4.2020
Bitcoin (BTC), at the time of penning down this analysis, was trading at $7,750 after having a brief hit above $7.8k. It looks like BTC is having a second round of price accumulation around $7.7k price area after successfully breaching the one around $7.5k. However, if we see a 4-hourly chart,...
S2F Bitcoin Price Model’s Author Strikes Again With USD 288K Target
28.4.2020
A new twist of the popular bitcoin (BTC) stock-to-flow (S2F) model has recently been published by the model’s pseudonymous creator Plan B. And judging from the updated model, S2F believers may now hope that BTC will hit almost USD 300 in a few years.
The updated price model, dubbed the Bitcoin...
How to Buy BTC Before the Halving
28.4.2020
How to Buy BTC Before the Halving Buzz is a-building around Bitcoin right now. Why? Because we’re about to witnessContinue Reading
The post How to Buy BTC Before the Halving appeared first on CoinMarketCap Blog
Switzerland’s Famed “Crypto Valley” Seeks $103 Million Government Bailout
28.4.2020
Switzerland’s “crypto valley” is asking the government for 100 million Swiss francs ($102.7 million) in funding, local media reported. The once flourishing Swiss cryptocurrency industry is struggling to survive following the withdrawal of private equity investors. About 80% of...
First Mover: Two Weeks From Halving, Bitcoin Rally Brings $10K Into View
28.4.2020
With the Bitcoin blockchain's once-every-four-years rewards halving now just two weeks away, some analysts are starting to fix their sights on the next upside target: $10,000
Bitcoin Rally Pauses Near $7.8K After Longest Winning Run in 8 Months
28.4.2020
Bitcoin's bulls are taking a breather in the approach to $7,800, having engineered the longest daily winning run in eight months
This Chinese Move Could Help Local Miners After Bitcoin Halving
28.4.2020
A Chinese municipality has formally requested Beijing’s permission to allow it to offer surplus electricity to the region’s “blockchain industry” – believed to be code for bitcoin (BTC) miners. The move could have potential knock-on effects for the wider crypto community, and could see potentially...
7 Crucial Bitcoin Halving Day Facts to Understand
28.4.2020
One of the most popular crypto-centric questions today is about Bitcoin (BTC) halving. While Bitcoin has also hit the news over the recent surge in market value, there’s a lot of debate on what Bitcoin reward halving means for the cryptocurrency industry. The big Bitcoin reward halving day will...
Bitcoin And Altcoins Continue To Probe Key Hurdles
28.4.2020
In the past few sessions, bitcoin price struggled to surpass the USD 7,850 and USD 8,000 resistance levels. BTC/USD is currently (08:00 UTC) consolidating above USD 7,650 and likely preparing for the next key break. It could either rally above USD 7,850 or start a substantial decline towards...
New Stock-to-Flow Forecast Puts Average Bitcoin Price at $288K by 2024
28.4.2020
Bitcoin should now trade at an average of $288,000 over the next four years, says stock-to-flow creator PlanB