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Crypto Bets on the US Election Show Joe Biden Winning the Presidency by 60%


During the first half of the year, betting portals that allow people to wager cryptocurrencies on the upcoming U.S. election had shown Donald Trump winning the election. However, after Tuesday evening’s Presidential Debate, betting markets like Cloudbet show Joe Biden’s chances...

Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion


Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between...

Investment Firm Arcane Crypto to Go Public via $33 Million Reverse Merger


Arcane Crypto, a Norway-based investment company, said Thursday that it is planning to go public through a reverse takeover by Vertical Ventures, a publicly traded Swedish firm. Vertical Ventures will buy Arcane Crypto for $33 million by issuing over 6.6 billion new shares. Each share cost $0.005...

Coin Race: Top Winners/Losers of June, 2nd Quarter, and 1st Half 2020


May's mixed bag turned into a June's red one - at least for the top 10 coins by market capitalization. Only one has seen a rise in its price in the month of June. Nonetheless, for the coins outside of the top 10 list, the picture is not as drastic. Though many saw a drop in their prices, many...

Bitcoin Users Could've Saved Half a Billion USD in Fees - Report


Network fees must be paid, but what if you don’t have to pay as much? Bitcoin (BTC) users could've saved around half a billion USD in network fees had there been a full SegWit and batching adoption, according to Bitcoin startup Veriphi. Per Veriphi’s latest report, almost half a million blocks...

65% of Global Bitcoin Hashrate Concentrated in China


A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently,...

Bitcoin to Peak at $115,000 by August Next Year, Says Pantera Capital CEO


Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal,...

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