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Nalezeno "Bitcoin News": 10930

Crypto Derivatives Exchange FTX Launches Bitcoin Hashrate Futures

15.5.2020
On Friday, Cryptocurrency derivatives exchange FTX launched a hashrate futures tool that allows Bitcoin (BTC) miners to hedge against mining difficulty risk. Hashrate, the amount of processing power dedicated to a Bitcoin network at a given time, determines the strength and security of the network....

Bitcoin Cash Upgrade Complete: 3 New Features Added to Consensus Rules

15.5.2020
Today, at precisely 9 a.m. ET on May 15, 2020, the Bitcoin Cash network completed another upgrade adding a few new features to the blockchain. The latest upgrade comes with new opcode support, a chain limit extension, and the improved counting of signature operations using the...

Bitcoin and Ethereum Users Complain About Rising 'Ridiculous' Fees

15.5.2020
While Bitcoin (BTC) fees keep rising, Ethereum (ETH) fees are also getting more expensive. Bitcoin fees have been rising following the third halving. On May 12, the average transaction fee reached USD 2.79, the highest in ten months, jumping further to USD 5.16 on May 14. Bitinfocharts.com shows...

FTX Launches Futures Contracts on Bitcoin Hashrate

15.5.2020
In what is likely to be the first such offering in the world, a crypto derivatives exchange has announced the launch of a new futures market that represents hashrate, or the computational power, of the Bitcoin (BTC) network. Announced today by Sam Bankman-Fried, CEO of crypto derivatives exchange...

Bitcoin Facing Uphill Task Near USD 10,000, Altcoins Stable

15.5.2020
Bitcoin price followed a bullish path after it settled above the USD 9,500 resistance. BTC/USD broke a couple of major hurdles near USD 9,800, but it faced an uphill task near the USD 10,000 resistance zone. As a result, there was a downside correction and the price is currently (08:30 UTC)...

Europe Heats Up Competition in Bitcoin Mining, Layer1 Plans Bold Move in US

15.5.2020
As China’s dominance in Bitcoin (BTC) mining has already decreased this year, Europeans are taking even more steps to become more attractive to crypto miners. At the same time, BTC miners in the US also have ambitious plans. While Ukraine plans to offset the financial chaos of the coronavirus...

Visa Files Patent for Cryptocurrency System to Replace Cash

15.5.2020
Visa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. Visa’s Cryptocurrency Patent Filing The United...

Bitwala Launches Bitcoin Interest Account With up to 4.3% Annual Rate

15.5.2020
Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Bitwala Interest Account allows users to earn up to 4.3% interest per annum for BTC held at the bank. According to the Berlin-based company, account...

Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving

14.5.2020
Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively...

Brace For Impact! How Would Another Stock Market Crash Affect Bitcoin?

14.5.2020
Major names in finance are raising the alarm that stocks are vastly overvalued – more so than ever. Should the traditional market crash again, how would this affect bitcoin (BTC)? Analysts believe that BTC would feel the impact, but, this time, there is a chance it might be different. Legendary...

Monex Group CEO to First-Time Investors: Buy Bitcoin, Gold & US Stocks

14.5.2020
Oki Matsumoto. Source: a video screenshot, Youtube, JapanSocietyNYC The CEO of the Monex Group, a major Japanese securities company has advised investors to buy bitcoin (BTC), gold and American stocks. In a blog post, Monex chief Oki Matsumoto stated that first-time investors would be advised...

Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In

14.5.2020
Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...

Interest in Buying Bitcoin Is Highest In More Than Two Years

14.5.2020
Source: Adobe/AA+W People have shown more interest in Bitcoin (BTC) - in what it is, as well as in buying the most popular cryptocurrency - in the period leading to the May halving than in more than two years before it, including the 2019 rally. To get a better understanding of how popular BTC...

Bitcoin Options Market Sends Mixed Signals

14.5.2020
With the halving in Bitcoin (BTC) block subsidy now behind us, all eyes are on the BTC market, searching for signs that the reduced supply will lead to rising prices. However, there is a continued interest in bearish bets on the bitcoin options market. As reported last week, open interest...

Bitcoin Rallies, Altcoins Gain Momentum

14.5.2020
After a successful close above the USD 9,000 resistance, bitcoin price gained bullish momentum. BTC/USD surged above the USD 9,200 and USD 9,400 resistance levels to move further into a positive zone (08:00 UTC). Going forward, a close above USD 9,550 might open the doors for a push towards...

More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving

14.5.2020
In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn...

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