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Bitcoin Fees Rising, Surprising Even Industry Insiders


After the third halving, Bitcoin (BTC) fees are on the rise again, as it's getting more difficult to get a transaction included into the nearest block. After reaching its highest point in the past ten months of USD 3.19 on May 8, the average BTC transaction fee dropped 40% to USD 1.92, just...

$2 Billion Cryptocurrency Hedge Fund Industry Set to ‘Grow Significantly’


Cryptocurrency hedge funds’ assets under management have been increasing significantly, rising to more than $2 billion at the end of last year, according to a recent survey. The crypto hedge fund industry is expected to “grow significantly” along with the price of bitcoin. Hedge...

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...

BTC to INR: P2P Bitcoin Marketplaces Growing in India


Ever since the supreme court quashed the banking restriction imposed by the central bank, interest in cryptocurrency has been rising in India, including on peer-to-peer (P2P) marketplaces. The local crypto community is growing despite the nationwide lockdown and rising covid-19 threat. Also read:...

2 American Banks Have Failed Since Coronavirus Started Spreading in the US


Since the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases....

Number of Addresses with BTC 1 Rising, while Bitcoin is Leaving Exchanges


After a crypto market crash in March, the number of wallets with at least 1 bitcoin (BTC) has kept rising, reaching new all-time highs. At the same time, it seems that this coin is leaving exchanges. Crypto market researcher Glassnode said that on March 29, more than two weeks after the crash,...

Bitcoin Probing Crucial Resistance While Altcoins Start Rising


In the past few sessions, bitcoin price remained well bid above the USD 6,500 support level. However, BTC/USD is still facing a strong barrier near the USD 6,800 and USD 6,850 resistance levels. The price is trading (08:30 UTC) in a range below USD 6,850 and it seems to be preparing for the next...

Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam


With the rising price and popularity of bitcoin come numerous scams. Bitcoin Superstar and Bitcoin Era are two investment schemes that have recently gained much attention. News.Bitcoin.com took a look at them, and it did not take much to spot how similar they are to each other and several other...

London-Based Cryptocurrency Exchange LBX Faces Compulsory Liquidation


London-based cryptocurrency exchange LBX is the latest digital asset trading venue to face critical difficulties and is now being liquidated. Despite rising crypto prices, which typically lead to an influx of new traders, some regulated exchanges have struggled to survive amidst rising legal fees...

TronWallet Introduces New TWX Swap Burn Mechanism Amid Rising Volumes


Crypto wallet that is based on the TRON blockchain, TronWallet has introduced the TWX Swap Burn Mechanism, as per which, the wallet will collect swap fees for Bitcoin and TRON, in TWX. ???? TronWallet Introduces New TWX Swap Burn Mechanism, Amid Rising Swap Volume@TronWalletMe is excited...

Bitcoin Transaction Fees Drop Amid Rising SegWit Adoption


Source: iStock/Sasha_Suzi Bitcoin (BTC) transaction fees are returning to low levels amid an increased adoption of the Segregated Witness (SegWit) protocol on the network. “The majority of transactions now support SegWit, currently surpassing 55% on average. And while this marks a near 40% increase...

41 German Banks Now Charge Negative Interest Rates


The number of German banks charging negative interest rates has been rising rapidly. At least 41 banks now charge negative interest rates on deposits. According to reports, seven of them are imposing negative interest rates even for small deposit amounts. Also read: Survey: 58% of German Banks...

Researcher’s Scathing Lightning Network Analysis Finds Flaws


On January 7, digital preservation researcher David Rosenthal published an overview of BTC’s Lightning Network (LN) which claims LN infrastructure isn’t decentralized and privacy-preservation is a myth. Rosenthal’s analysis found significant flaws with the LN fee system and...

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