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New Mining Difficulty Record Cancelled Right Before Bitcoin Halving
1.5.2020
Four days before the next Bitcoin (BTC) mining difficulty adjustment, the previously estimated all-time high is nowhere in sight. Not only will there not be a new record, but along with the falling hashrate, the difficulty is now expected to drop.
Major Bitcoin mining pool BTC.com's latest...
Google Profits off Impersonations of Banned Cryptocurrency Celebs and Companies
1.5.2020
Cryptocurrency companies are banned on Google but the platform is allowing phishing sites to impersonate them. London-based bitcoin exchange Coin Corner showed that a fraudulent site mimicking it is allowed on Google’s advertising platform though its own evidence-backed appeals of legitimacy...
Coin Race: Top Winners/Losers of Green April
1.5.2020
The coins have entered a new month of this year, meaning it's time we take a look at how they fared in the previous month - and there's something to see! April's so green, we couldn't even find a proper loser. While major coins saw double-digit rises last month, there are only two coins that...
Bitcoin and Altcoins Correct But Uptrend Looks Intact
1.5.2020
Yesterday, there was a significant rally in bitcoin above USD 8,500 and USD 9,000. BTC/USD surged around 20% and tested the USD 9,500 zone before starting a downside correction. It declined below USD 9,000 and currently (08:30 UTC) consolidating above USD 8,550 (the previous...
Japan Implements Significant Changes to Cryptocurrency Regulation Today
1.5.2020
Major changes are happening in the cryptocurrency space in Japan as new cryptocurrency regulation enters into force today. Among notable changes are the regulation of crypto custody service providers and crypto derivatives businesses. Japan has 23 regulated crypto exchanges; unregulated platforms...
Justin Amash Reveals Third-Party Presidential Bid: Pro-Bitcoin Libertarian Candidate Targets Trump’s Seat
1.5.2020
U.S. President Donald Trump now has an unexpected challenger as the independent congressman from Michigan, Justin Amash, says he plans to run as a Libertarian candidate in the 2020 election. Besides John McAfee and Adam Kokesh, Amash is also a pro-crypto candidate, a believer in free markets,...
Bitcoin Lender Genesis Global Issues $2 Billion in Loans During Record Quarter
30.4.2020
Genesis Global Trading has reported a 100% jump in new loan originations in the first quarter. The cryptocurrency lender and trading platform added a record $2 billion in new loans in the three months leading to March 2020, up $1 billion from the previous quarter. BTC accounted for 44.8% of...
Google Keeps Promoting Crypto Scams Despite Strict Crypto Policies
30.4.2020
CoinCorner reports that Google Ads is running a phishing ad despite the firm being unable to use its service
A BTC 6 Contest to Create a Privacy-Focused Bitcoin Sidechain is On
30.4.2020
Ten days were not enough for blockchain developers to win a new Bitcoin (BTC) contest, launched by Paul Sztorc, an independent BTC researcher, and tap into a BTC 6.1 (USD 53,600) prize fund. However, contestants still have at least 12 days to go.
The contest started last week and includes potential...
Famed Economist Speaks: ‘US Coronavirus Bailout Scam,’ American Imperialism, De-Dollarization
30.4.2020
During the last few weeks, the world has been dealing with the coronavirus outbreak. These days, however, many of the world’s citizens are growing more concerned over the government’s reactions than the virus itself. Moreover, with the U.S. economy feeling the hardship of over...
Bitcoin News Roundup for April 30, 2020
30.4.2020
Here comes the BTC price bump while Telegram pulls back on its token sale. This is CoinDesk's Markets Daily podcast
How Are Bitcoin, Ethereum, Litecoin, BCH, BSV Hodlers Doing After the Rally?
30.4.2020
The sentiment among investors in several major cryptoassets is on the rise, as a growing number of hodlers are seeing positive numbers on their account balance, on-chain analysis shows.
According to data from on-chain analytics firm IntoTheBlock, more holders of bitcoin (BTC), ethereum (ETH)...
Four Reasons Why Bitcoin Might Not Rally Right After The Halving
30.4.2020
Compared to the previous two Bitcoin (BTC) halvings that were marked by major jumps in the coin's price around the time of the event, this halving may be different and BTC may not see a bull in the months following the event, according to CryptoCompare, a provider of the crypto market data.
The...
Telegram to Pay Back Investors 110% After Gram Token Launch Fails – Again
30.4.2020
Telegram has offered to refund investors after its scheduled release of the Gram token failed – again – due to regulatory complications. Investors will immediately receive 72% of their stakes, as first option, or 110% if they choose to wait another year. The second option may be paid...
Bitcoin And Altcoins Correcting Strong Gains
30.4.2020
In the past two days, there were strong bullish moves in bitcoin above USD 7,550. BTC/USD surged around 20% and surpassed many key hurdles such as USD 8,000, USD 8,500, and USD 9,000. It traded to a new monthly high close to USD 9,500 and it is currently correcting gains.
Similarly, there was...
USD 9K Bitcoin Leads Crypto Rally as Exchanges See Massive Volumes
30.4.2020
Both bitcoin (BTC) and the broader crypto market saw another strong day today that brought the price of bitcoin past the USD 9,000 level, after also recording gains across the board yesterday. The gains came as sentiment in the market improved even more after bitcoin recovered all of its losses...
Cryptocurrency Trading Surges in Malaysia as Lockdown Cripples Economy
30.4.2020
Cryptocurrency trading in Malaysia has surged as the country endures an extended lockdown, costing its economy an estimated $550 million a day. Regulated cryptocurrency exchanges are reporting substantial growth in trading volumes and new users as people seek “a good store of value...
London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million
30.4.2020
London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8.62 million ($10.78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented...
Market Outlook: Crypto Market Prices Rally Ahead of Bitcoin Halving, BTC Up $1K in 24 Hours
29.4.2020
Cryptocurrency markets are bullish on April 29, as BTC prices have spiked over 11.8% in the last 24 hours touching a high of $8,740 per coin during Wednesday’s trading sessions. Bitcoin has gained 130% in value since the market rout on March 12 otherwise known as ‘Black Thursday.’...
Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining Farm
29.4.2020
The largest oil field in the People’s Republic of China has been a target for individuals and organizations attempting to mine bitcoins with free electricity. After a bunch of mining farm operators allegedly got caught last summer, a dog kennel owner was recently busted for running cable...