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Average Price of Bitcoin More Than Quadrupled Between Reward Halvings
23.6.2020
Investing in bitcoin has been somewhat of a phenomenon, as millions of individuals have invested funds into the crypto-economy since at least 2010. One specific and lucrative method of investment is dollar-cost averaging. If an individual was to invest $10 a week into purchasing bitcoins since July...
Bitcoin News Roundup for June 23, 2020
23.6.2020
As the price of bitcoin trades in an increasingly compressed range, sources tell CoinDesk that PayPal is planning something big, an uncensorable internet browser launches and the Fed now says Bitcoin IS money
Bitcoin and Ethereum Networks Hit All-Time Highs
23.6.2020
It seems like Bitcoin (BTC) and Ethereum (ETH) believers have been growing increasingly active during the past few days, suggest the network stats provided by an on-chain analytics firm Glassnode, showing a number of all-time highs.
First and foremost, both Bitcoin and Ethereum networks reached...
7-Eleven, CVS, Rite Aid: Libertyx Adds 20,000 Stores to Buy Bitcoin With Cash
23.6.2020
Libertyx has expanded its network to include 20,000 7-Eleven, CVS, and Rite Aid Pharmacy stores where customers can buy bitcoin with cash. They can also buy bitcoin using debit cards at one of Libertyx’s vast network of ATMs, bringing the total of locations to 25,000 across 45 U.S. states....
SEC Leadership Shuffle Makes Bitcoin ETF 'More Likely,' Novogratz Says
23.6.2020
Mike Novogratz. Source: a video screenshot, Youtube, ConsenSysMedia
A potential leadership shuffle at the US Securities and Exchange Commission (SEC) would make a bitcoin-backed exchange traded fund (ETF) “more likely” to be approved, says crypto entrepreneur Mike Novogratz.
The cryptoverse again...
Bitcoin, Ether ‘Recovered Most of Their Losses’ after March Crash – Report
23.6.2020
The world’s two most popular cryptocurrencies have recovered well following flash crashes in March – and the number of small-scale crypto owners appears to be on the rise, per a new report.
These were the findings of the latest CoinMetrics State of the Network report, published today.
The report’s...
CryptoAltum, The CFD Trading Platform With 1:500 Leverage
23.6.2020
CryptoAltum, a popular MT5 platform, executes trades using market execution with all trades filled at the best available price in the market. The company uses Fill or Kill orders meaning orders are filled entirely at the best available price, with no partial fills and a 100% execution rate. Fills...
Bitcoin And Ether Rally, Other Altcoins Might Follow Soon
23.6.2020
In the past few hours, bitcoin price gained bullish momentum and rallied above the main USD 9,550 resistance level. It opened the doors for more gains and BTC traded close to USD 9,800. The price is currently correcting lower, but dips are likely to find a strong buying interest near USD 9,600...
PayPal Rumors Push Bitcoin Higher as On-Chain Transactions Surge
23.6.2020
Possibly sparked by the rumor that the online money transfer company PayPal might get involved with cryptocurrencies, the bitcoin (BTC) price jumped more than 4% yesterday, before falling back slightly Tuesday morning.
The unconfirmed news that PayPal might enable direct buying and selling...
LibertyX Lets Americans Buy BTC at 7-Eleven, CVS Pharmacy, Rite Aid
23.6.2020
A company that brought one of the first bitcoin (BTC) ATMs in the US has now enabled customers in thousands of retail locations across the country to buy the world's oldest cryptocurrency.
LibertyX launched America's first bitcoin ATM in 2014, and has been "growing ever since," per...
Sparrow Raises USD 3.5 Mil in Series a Funding
23.6.2020
23 June 2020, Singapore – Sparrow, the leading options trading platform has secured USD 3.5 million in Series A funding to accelerate platform development. The round was led by the HDR Group, owner and operator of BitMEX, and supported by Signum Capital, Du Capital and FinLab EOS VC. Kenneth...
New Zealand Police Seize $91 Million From Russian Bitcoin Exchange Operator
23.6.2020
Police in New Zealand confiscated NZ$140 million ($91 million) from Russian bitcoin exchange operator Alexander Vinnik. Vinnik is the alleged owner of the collapsed BTC-e exchange. The funds were seized from bank accounts held by Canton Business Corporation, a New Zealand-registered company...
Bitcoin ASIC Miner Manufacturing Domination: Bitmain and Microbt Battle for Top Positions
22.6.2020
On June 16, 2020, Bitmex researchers published a report that noted bitcoin mining rig manufacturers have consolidated a great deal and in the future, Bitmex researchers predict that “only 2 to 3 players will survive into the longer term.” There’s still a number of SHA256 mining...
Wirecard CEO Quits as Crypto Card Firm Reveals Missing $2.1 Billion Does Not Exist
22.6.2020
Wirecard chief executive officer quit as the crypto card payments firm revealed that the €1.9 billion ($2.1 billion) missing from its accounts may not exist. CEO Markus Braun resigned on June 19, after nearly 20 years at the helm. James Freis has been appointed interim chief executive,...
Bitcoin News Roundup for June 22, 2020
22.6.2020
With gold up and the price of bitcoin treading water, today we're talking academic piracy and Cambodia's blockchain plot to escape the dollar
Breaking Bitcoin: Crypto Proponents Discuss Honeywell’s 6 Qubit Quantum Computer
22.6.2020
On June 19, 2020, the massive industrial firm Honeywell told the public the company is now running a quantum computer that effectively leverages six effective quantum bits, or qubits. Honeywell’s machine is two times more powerful than the quantum computers designed by IBM and Google. With...
'New World of Bitcoin' as it 'Re-Couples' with Stocks - Asset Manager
22.6.2020
Bitcoin (BTC) and S&P 500 markets are "re-coupled," says a digital asset manager, which he argues brings forth a new normal for the market.
Despite bitcoin proponents often referring to the popular digital asset as an uncorrelated asset, the discussions about whether it really...
Summer Madness as Economists Predict Bitcoin Demise, Call it a ‘Fiat’
22.6.2020
Midsummer appears to be a time for conventional economics experts to make bold claims about the nature – and future of – bitcoin (BTC), with one expert claiming that BTC’s value will soon peter out to nothing, and Federal Reserve Bank of New York analysts claiming that there’s “nothing new” about...
Bitcoin and Altcoins Likely Basing for Next Move Higher
22.6.2020
This past week, bitcoin steadily declined after it was rejected near the USD 9,550 resistance. BTC broke the USD 9,400 and USD 9,300 levels. At the outset, the price seems to be forming a decent support base above USD 9,250 and it could make another attempt to clear the USD 9,550 resistance.
Most...
Here Is Why BigONE’s New VIP System Can Make the Most Out of Your Everyday Trading
22.6.2020
BigONE Exchange, one of the world’s safest crypto exchanges, has taken on a new sheen as it just launched a brand new VIP system that converts a user’s every engagement with the platform into his or her own benefits, be they discount on spot trading fees, reduction on leverage interests...