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How the Long Tail of the Coronavirus Might Slow Bitcoin’s Hash Power Growth
5.2.2020
The shortage of new mining machines caused by the coronavirus outbreak could curb computing power growth from Chinese miners who contribute over 65% of Bitcoin’s hash power
Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests
5.2.2020
Crypto exchange service provider Bitspark is shutting down next month despite reporting exponential growth following the launch of its cash point product. The CEO of the company explained that its internal restructuring has not worked out but insisted that the ongoing protests in Hong Kong...
Bitcoin Price Surpasses $9,700 to Hit New 2020 High
5.2.2020
A surge in #Bitcoin trading volume allowed the cryptocurrency to push above $9,500 and set a daily higher high at $9,745
US Judge Dismisses Bitcoin Cash ‘Hijack’ Lawsuit Against Bitmain, Kraken
5.2.2020
A U.S. court has dismissed UnitedCorp's market manipulation lawsuit against Bitmain, Kraken, Bitcoin.com and others without prejudice
Lightning Labs Secures $10M in Investments, ReleasesBeta of Its First Paid Product
5.2.2020
Lightning Network-focused startup Lightning Labs has raised $10 million and released the beta version of its first paid product
Market Update: Bitcoin Cash Shines as Crypto Markets Show Bullish Signals
5.2.2020
Digital currency markets are in the green again today after seeing some moderate losses the day prior. The leading cryptocurrency in the top 10 is the fourth-largest blockchain by market cap, bitcoin cash, which is up 14% today. A variety of other digital asset markets are doing well as the overall...
Lightning Labs Raises $10M Series A to Be the ‘Visa’ of Bitcoin
5.2.2020
Lightning Labs has raised $10 million in Series A financing as it gears up to launch its first paid service for merchants accepting bitcoin payments
Bitcoin Price 4-Hour RSI Flips Bullish as Traders Brace for $9.5K
5.2.2020
Bitcoin bulls are firmly in charge, traders suggest, with short-term indicators looking increasingly promising
Celsius CEO Gives 3 Reasons Why Bitcoin Might Reach USD 30K in 2020
5.2.2020
Alex Mashinsky. Source: a video screenshot, Youtube, Nasdaq
Bitcoin (BTC) may be standing between USD 20,000 and USD 30,000 by the end of this year, Alex Mashinsky, CEO of major crypto lender Celsius, predicted.
What would lead to BTC to more than doubling its current price and potentially...
UK Crypto Startups to Pay Discounted £2,000 Fee for Registration, FCA Revises Application Charges
5.2.2020
Young and small cryptocurrency businesses will pay lower registration fees than big companies, the United Kingdom’s financial watchdog has decided after consultations with members of the industry. The revised fee scheme takes into account the firms’ income to determine the amount...
Bitcoin Shows Intraday Positivity Yet Remains “FLAT”
5.2.2020
Bitcoin Investment Expectations: “Bitcoin is the new gold. Drop Gold, Buy Bitcoin.” “Bitcoin is the ultimate power in the global crypto market.” “Bitcoin has the potential to reach $1,00,000 by the end of 2020.” “Bitcoin investment is a safe haven and is likely to make its way through mass adoption...
Binance Adds Support for Instant Crypto Purchases With Russian Ruble
5.2.2020
Binance has enabled instant card purchases of four major digital currencies with the Russian ruble
Bitcoin Sees Bull Revival as Price Bounces Above $9.4K
5.2.2020
Bitcoin has bounced strongly in the last 24 hours, opening the doors for retest of recent highs above $9,600
North Korean Hackers Created Realistic Trading Bot to Steal Money
5.2.2020
North Korean hackers created a realistic trading bot website to phish DragonEx employees
Indian State Government’s ‘Blockchain District’ Now Has a Dedicated Accelerator for Blockchain Startups
5.2.2020
The Indian state of Telangana has launched a blockchain accelerator in its recently created Blockchain District, in collaboration with Tech Mahindra. Selected startups will pitch innovative ideas and get mentored by experts from the Telangana government, Tech Mahindra, the Ministry of Electronics...
HitBTC Exchange Executes Bitcoin SV Genesis Hardfork Upgrade
5.2.2020
The well-known and highly acclaimed cryptocurrency exchange trading platform, HitBTC, has announced that it has successfully supported the strategically important crypto event, the Bitcoin SV Genesis Hardfork Upgrade. Post the upgrade, all the prior versions of the Bitcoin SV node software will...
Why It's Important for Bitcoin if Bakkt and NYSE Owner Acquires eBay
5.2.2020
The derivatives and equities trading company Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange and Bakkt, reportedly made a takeover offer to e-commerce giant eBay, which doesn't seem to have borne fruit. Nonetheless, the Cryptoverse has been speculating what would...
Jack Dorsey Unreachable as Bitcoiners Deal With Lightning Torch Confusion
5.2.2020
Jack Dorsey. Source: a video screenshot, Youtube, WIRED
Twitter founder and CEO Jack Dorsey still has not confirmed that he was awarded the second Lightning Torch on Tuesday, and does not respond to multiple requests by bitcoiners.
Exactly a year ago, Dorsey received the first iteration of...
Public Sale Is Live for Coin Powering Cypherpunk Pioneer David Chaum’s Privacy Focused Xx Network
5.2.2020
The Xx network is designed to allow people to communicate and exchange value without revealing any information to intrusive government agencies or companies that collect and sell personal data. It was created by Dr. David Chaum, a world-renowned cryptographer and privacy advocate. The public sale...
Bitcoin Corrects Lower While Altcoins Rise
5.2.2020
After forming a short term top below the USD 9,650 resistance, bitcoin price started a downside correction. BTC/USD broke the USD 9,350 and USD 9,250 support levels. It even spiked below USD 9,200 and currently (09:00 UTC) consolidating above USD 9,200.
On the other hand, there was a decent...