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Bitcoin Will Hit $340K if BTC Price Repeats 2016 Halving Cycle Pattern
20.8.2020
A look at the difference between halving cycle highs, lows and halving prices delivers huge BTC price targets which their creator cautions are “hopium.”
China’s Bitcoin Mining Industry Impacted the Most This Year, Says Report
20.8.2020
The researchers and analysts from Tokeninsight published it’s “2020 Q2 Cryptocurrency Mining Industry Report” which shows the industry has grown exponentially during the last six months. The findings indicate cryptocurrency mining has expanded a great deal but China’s...
Hash Watch: Bitcoin Cash Miners Begin Signaling Node Implementations
20.8.2020
There’s 88 days left until the Bitcoin Cash upgrade scheduled for November 15, 2020, and the community has been watching miners closely. On August 18, the Bitcoin ABC team published a blog post that revealed a “feature freeze is now in place,” as it contains a new coinbase rule....
Middle Eastern Restaurant Chain Converts Entire Reserves to BTC
20.8.2020
The Middle Eastern restaurant, with three locations across Ontario, announced it would be switching its cash reserves to crypto
Price Analysis 8/19: BTC, ETH, XRP, LINK, BCH, LTC, BSV, ADA, BNB, EOS
19.8.2020
Bitcoin and the altcoins continue to correct but lower levels are likely to attract buyers as the bullish macro trend has not changed
NSA Whistleblower Edward Snowden Was Paid $35k to Discuss Bitcoin
19.8.2020
The notorious NSA whistleblower, Edward Snowden, was paid to discuss bitcoin and other digital assets at virtual conferences, according to a new court filing called “Edward Snowden Speaking Engagements 2015-2020.” Snowden has always been a supporter of digital currencies and during...
Bitcoin ‘Black Thursday’ Repeat Unlikely as Exchanges Have Less BTC
19.8.2020
On-chain data suggests Bitcoin price will not see a Black Thursday repeat as the amount of BTC held at exchanges has dropped to a 2020 low
Bitcoin Price $12K Breakout Fails — Here’s How Low BTC Can Now Drop
19.8.2020
The price of Bitcoin has failed to turn $12,000 into a new support level, which may result in more downside for BTC in the near term
Analyst: Chainlink Is Another Altcoin Bubble as Price Crashes 20% in 48 Hours
19.8.2020
Chainlink is a bubble that is waiting to burst, and the token will eventually lose 99% of its value, according to crypto investor and analyst ‘Cryptowhale’. The warning comes as the price of Link tumbled 23% to $15.41 in 48 hours. Cryptowhale this week told his 28,000 Twitter followers...
Big Brother Nigeria Housemates Participate in Bitcoin Quiz, Get $500 BTC as Reward
19.8.2020
Eighteen housemates of Nigeria’s version of Big Brother took part in a bitcoin quiz with each participant getting $500 worth of BTC as prize money. Big Brother Naija (BBN) reportedly agreed to this unusual step as part of moves to offer more than just entertainment to its audience. As part...
Report: Bitcoin Untied from the Economic Cycle, ‘Largely Uncorrelated to Other Asset Classes’
19.8.2020
On Tuesday, Coinshares Investment strategist James Butterfill published a report which shows that bitcoin is a unique asset, but is “largely uncorrelated to other asset classes” like commodities and traditional stocks. Coinshares Investment strategist James Butterfill published a...
A Critical Mass Of Long-Term BTC HODLers Seem To Be Making $100k Inevitable
18.8.2020
“Determing Bitcoin’s potential future value” instead of just solo “value.”
SpaceChain Claims To Have Signed Outer Space’s First Multisig BTC Transaction
18.8.2020
SpaceChain claims to have signed the first multi signature transaction in outer space
Warren Buffett Changes Mind on Gold: He Will Panic-Buy Bitcoin at $50K, Says Max Keiser
18.8.2020
Warren Buffett has changed his mind about gold as an investment, prompting some people to think that he might do the same with bitcoin. Max Keiser has predicted that the Berkshire Hathaway CEO will panic-buy bitcoin at $50,000. Buffett Changes His Mind About Gold, Bitcoin Could Follow Billionaire...
Excessive Flooding in Sichuan Causes 20% Hashrate Losses for Chinese Bitcoin Miners
18.8.2020
Torrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has caused some operations to shut down ASIC mining devices. Reports from the region show that certain areas have seen electrical shortages and the aftermath is causing quite a bit of stress...
Bitcoin Price Will ‘Explode’ Says Trader if BTC Breaches $13,000
18.8.2020
The changing distribution of open interest is “wildly bullish,” one crypto fund manager says as John Bollinger says the price rally is “picture perfect.”
Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower
18.8.2020
The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0.065-0.075 yuan or $0.01 per kilowatt-hour. According...
72% of Investors Will Hold Bitcoin Even if Price Falls to $0
18.8.2020
A new poll finds that 72% of bitcoin investors are bullish about the cryptocurrency and will hold onto it even if the price somehow falls to zero. A total of 22,635 votes were gathered for this survey. Most Bitcoin Investors Would Hodl Regardless of the Price Twitter user Plan B, known for...
Price Analysis 8/17: BTC, ETH, XRP, LINK, BCH, LTC, BSV, ADA, EOS, BNB
17.8.2020
Bitcoin’s strong move above the $12,200 resistance could boost sentiment and lead to a stronger rally in select altcoins
Pomp Thinks BTC’s Market Cap Will Exceed Gold’s in Less Than a Decade
17.8.2020
That would give Bitcoin a market cap of at least $9 trillion dollars