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Nalezeno "Bitcoin News": 10930

China's Dominance in Bitcoin Mining Dropped Amid Growing Competition


Chinese Bitcoin (BTC) miners' share in Bitcoin's hashrate, or the computational power of the network, shrunk this year when hashrate jumped by 25%, while the US returned to second place, according to the Bitcoin Mining Map created by the Cambridge Centre for Alternative Finance (CCFAF). The...

This is Why Criminals Prefer Less Anonymous Bitcoin to Privacy Coins


Privacy coins have come under a lot of fire in recent times, and many leading anonymity tokens, such as zcash (ZEC), and monero (XMR) have come under fire from regulators, who claim they are the token of choice for terrorists, drug dealers, and money launderers. Many of these tokens have been...

Bitcoin Continues Grinding Higher as Stocks, Gold Levels Off


With the halving now several days away, bitcoin (BTC) has continued to grind higher in the market in recent days, despite a weaker overall crypto market and a levelling off in the price of both gold and US stocks. The outperformance of the number one digital asset has been particularly strong after...

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 Rising Steadily While Altcoins Show Negative Signals


After a successful close above USD 9,000, bitcoin price extended its upward move. BTC/USD surpassed the USD 9,200 resistance and tested USD 9,400. It is currently (08:30 UTC) consolidating above USD 9,200 and facing hurdles near USD 9,400, USD 9,440, and USD 9,500. On the other hand, most major...

75 Companies Back Facebook Libra’s Competitor Celo


Celo, a competing project to Facebook’s Libra cryptocurrency, has added 50% more new members to its alliance, bringing the total number of supporting organizations to 75. Some Celo members are also supporters of the Libra project, such as Coinbase Ventures, Anchorage, and Andreessen Horowitz....

Meet Ideaology – All in One Blockchain Solution


DUBAI, UAE, 8th May (Friday) Time: 10 AM New York, NY, USA (GMT-4) ‘MEET IDEAOLOGY’ webconference is looking for you The exclusive, pre-launch presentation for the top crypto people In an effort to make top-shelf blockchain partnerships before their Initial Coin Offering is launched, Ideaology...

Inverse Bitcoin Token Launches on Ethereum Network Ahead of Halving


Source: Adobe/vladim_ka A new token that allows traders to get short exposure to bitcoin (BTC) without actually shorting the asset has just been announced, with the company behind the innovation saying more tokens are to be rolled out soon as part of what it calls “a new paradigm in cryptocurrency...

Six Bitcoin Halving Scenarios and Likelihood of Each


As Bitcoin (BTC) halving approaches, there's been a great debate over the results of the past two halvings compared to this third. Digital asset management firm CoinShares looked into the most popular BTC halving hypotheses to see how likely are they to occur in their opinion, and what their impact...

Anycoin Direct Launches Innovative New Platform


Cryptocurrency exchange service Anycoin Direct rolls out a new website for the European market. With their newly designed website, Anycoin Direct aims to make the buying and selling process of cryptocurrencies more accessible for everyone. The personalized design is unique within the cryptocurrency...

Bitcoin and Altcoins Try To Extend Gains


In the past few hours (08:30 UTC), bitcoin price showed signs of bullish continuation at the USD 9,000 level. Should BTC/USD move towards the USD 9,200 resistance, it could continue to rise towards the USD 9,500 level. If not, the price might correct lower towards USD 8,850 or even...

Europe’s Biggest Nuclear Station Might Give Electricity to Bitcoin Miners


Cooling towers at Zaporizhzhia Nuclear Power Station. Ukraine’s plan to offset the financial chaos of the coronavirus pandemic might involve nuclear-powered cryptocurrency mining, says its energy ministry. Yesterday, the country’s Ministry of Energy and Environmental Protection announced that...

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