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Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase


The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate...

No More Relief for Bitcoin Miners - Mining Difficulty to Increase Again


The previously expected even bigger relief for the Bitcoin (BTC) miners is not coming. Instead, starting tomorrow, Bitcoin mining difficulty, used as a measure for how hard it is to compete for mining rewards, is set to increase as more miners turned their machines on in the past two weeks....

Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners


The Spanish tax authority has reportedly started sending notices to about 66,000 cryptocurrency owners in the country. This number represents a massive increase from the 14,700 tax letters the agency sent to crypto owners last year. The letters will continue to be sent until the end of June despite...

Demand for 'Internet Dollars' to Increase - Circle CEO; Not All Celebrate


While the current Covid-19 pandemic is already hurting the global economy, it's actually beneficial for stablecoins, and it's proving that they work, claims the CEO of crypto financial services firm Circle, Jeremy Allaire. Not all stablecoins have had a reason to celebrate though. With the rise...

Attempts to Increase Bitcoin's Supply Would End Up With Another "Bitcoin"


A famous painting by a Belgian Surrealist artist, René Magritte. It says: This is not a pipe. Bitcoin's supply cap is one of its biggest selling points. Limiting the network to almost 21 million BTC, the cap makes Bitcoin a ‘deflationary’ currency. Naturally, people have been questioning whether...

This Major Airline Bets on Crypto Payments as Means to Increase Profit


Norwegian, the low-cost air carrier headquartered in Oslo, Norway, is set to allow customers to pay for air tickets using cryptocurrency within the year and hopes it will help to improve results of the company, an interview with the CEO of crypto exchange Norwegian Block Exchange (NBX) suggests. In...

Bitcoin Consolidating Losses While Altcoins Start Fresh Increase


Recently, there was a downside extension below the USD 9,650 support, but bitcoin found support near USD 9,550 and USD 9,500. As a result, it started a short term recovery above USD 9,700 and it is currently (09:00 UTC) consolidating below the USD 9,850 resistance area. On the other hand, many...

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