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ETH Co-Founder Vitalik Buterin: “Bitcoin Cash Is Not Bitcoin”
1.2.2020
Even dating back to 2017, Ethereum’s Vitalik Buterin has said Bitcoin Cash is not Bitcoin
Bitcoin and Bitcoin Cash Possess Similar Movements with BTC Holding Persistency
5.11.2019
Bitcoin (BTC) gives a sigh of relief as it trades around $9,400, after having traded near its major support level at $9,000 Bitcoin Cash (BCH) trades below $300 and $290 in the duration of the past 7 days; however, currently sticks at $290 Both, Bitcoin and Bitcoin Cash portray an almost similar...
Bitcoin Price Reflects Recovery; BTC Keeps the Price Intact at $9,100
1.11.2019
The crypto market is said to be completely dependent on the movement of Bitcoin. The currency anchors the entire market seems to gain back its essence after a tremendous fall in the past week. The second month of the last quarter has started. The traders are eyeing for a price surge. The movement...
Bakkt to Launch Options Contracts in Bitcoin Futures in December
25.10.2019
Bakkt, which takes pride in being Intercontinental Exchange’s bitcoin derivatives provider, has unveiled the launch date of its highly anticipated options contract for its bitcoin futures. The platform has decided to present the first options contract for bitcoin futures as the latest product...
Michael Novogratz’s Galaxy Digital Comes up with 2 New Bitcoin Funds
25.10.2019
In a recent announcement, billionaire Michael Novogratz-led Galaxy Digital Asset Management proudly stated that the company will be launching two Bitcoin funds in the month of November. Novogratz confirmed that the planned Bitcoin funds, dubbed the Galaxy Bitcoin Fund and the Galaxy Institutional...
Bitcoin Wallet Electrum Will Support Lightning Network in Next Release
16.10.2019
The Bitcoin wallet Electrum tweeted on October 14 that it will support the Lightning Network (LN) in its upcoming release. The announcement revealed that the company is set to install a more efficient inbuilt Python-based system. Integration with the Lightning network will be done after the release...
Virginia Beach-based Bcause Mining Operation is Ordered to Get Liquidated
10.10.2019
BCause Mining LLC, involved in Bitcoin mining operations and situated in the city of Virginia Beach in the United States, has been subjected to liquidation. The news has been confirmed by an Attorney of BCause who clarified that the firm’s operations have come to a halt. The local news outlet...
Bitcoin Mining: An Evolution from CPU to ASIC
4.10.2019
To a newcomer, the cryptocurrency market might seem like any other industry and some might even be intimidated by it. Scarcely would anyone believe that it is only 10 years old. In 2008, it was just a hobby for some scholarly enthusiasts motivated probably by ideals like breaking free from...
Innosilicon’s Bitcoin Mining Farm Catches Fire Leading to Loss of Nearly $10 Million
2.10.2019
The early morning hours of September 30, 2019, shocked the crypto world to the core with the outbreak of the devastating news of a major fire breakout. A nine-minute long video circulated on Twitter by bitcoin miner, Marshall Long showed the burning down of a large bitcoin farm in China....
John McAfee Supports Peter Brandt’s $50,000 Bitcoin Prediction Despite its Recent Decline
1.10.2019
Bitcoin owners are having a hard time for the past few days as the apex cryptocurrency has fallen to a new six month low. After reaching the yearly peak around $12,500 on June 09, it has now fallen below $8,000, and that too after months of being stagnant between $9,500 –$10,500. This has again...
Bitcoin’s Network Hashrate Plunges To 40% Flash Crash
25.9.2019
A piece of shocking news was observed in the industry after Bitcoin’s network Hash rate was dipped to record low at 57,700,000 TH/S from 98,000,000 TH/S. Within 14 hours, Hashrate dipped sharply to half of its previous value, which indicates that almost half of the security has been removed, which...
CME Group Declares Launch Options on Bitcoin Futures Contracts
23.9.2019
Recently, The Chicago Mercantile Exchange (CME) Group, the world’s outstanding and most assorted derivatives market place, reported that it would initiate options on its Bitcoin futures contracts in the first quarter of 2020, pending regulatory audit. This development was declared in a recent...
Bitcoin History Part 17: That Time Mt. Gox Destroyed 2,609 BTC
21.9.2019
Technically speaking, it’s impossible to destroy bitcoins. But it is possible to send coins to an unspendable address, rendering them redundant to all intents and purposes. In October 2011, that’s exactly what Mark Karpeles did when he consigned 2,609 BTC to eternal oblivion due to...
Craig Wright to Negotiate for Settlement Over 1.1 Million Bitcoin Ownership Trial
19.9.2019
Craig Wright, the “wannabe” Satoshi Nakamoto, is planning to resolve a case that would possibly incur him a cost in billions in terms of Bitcoins (BTC). Wright is an Australian entrepreneur and computer scientist who has claimed himself, a number of times to be the creator of Bitcoin and has been...
CBOE Withdraws VanEck SolidX Bitcoin ETF Proposal from the Securities and Exchange Commission
18.9.2019
BZX Equity Exchange, helmed by the Chicago Board Options Exchange, gave a jolt to the crypto arena when it withdrew its VanEck/SolidX Bitcoin Exchange Traded Fund proposal laid before the U.S Securities and Exchange Commission (SEC). On September 17, 2019, SEC issued a notice stating the news...
Coinme Raises $1.5 Million in Funding Program Aided by Ripple’s Xpring
14.9.2019
Serving as the leading licensed Bitcoin kiosk network in the world, Coinme has announced that it has raised a whopping amount of $1.5 million through its Series A-1 financing program helmed by the Blockchain Finance Fund and San Francisco based Ripple’s subsidiary firm, Xpring. As per...
28 Bitcoin Mining Firms Faced Power Supply Suspension in Kyrgyzstan
13.9.2019
Water being the lifeblood of an array of crucial activities, both personal and industrial, has been a raging concern in modern times as it faces crisis globally. Misuse of water and drastic seasonal imbalances affecting available water resources have raised a serious question on humankind....
Bitcoin will Cross $20K Mark By the End of This Year, Predicts Founder-CEO of ShapeShift
10.9.2019
The market for Bitcoin is showing great positivity. At the moment of writing, the number one cryptocurrency is trading at USD 10,288.59, as per CoinMarketCap data. While traders are finding it difficult to predict which direction BTC is going to go next, Erik Voorhees, the Founder & CEO...
Fun Ways to Use Your Cryptocurrencies
10.9.2019
Cryptocurrencies like Bitcoin have been around for quite a while now, but it was really in 2017 when it got the attention of many. It was in this year when the value of Bitcoin reached over 20,000 US dollars, and this is why many people and businesses started to use it. Apart from Bitcoin, many...
Bitcoin Bank Accounts Launched by Bitwala in 31 European Nations
4.9.2019
Bitwala, a blockchain company based in Germany, has unveiled a new application which will enable European residents to easily open a German bank account through their smartphones. Interestingly, this bank account will have an integrated Bitcoin (BTC) wallet. The roll-out was officially announced...