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Hong Kong Vending Machines Choose BCH over BTC
30.5.2020
Bitcoin Cash (BCH) proponent Roger Ver says that he did not pay for a Hong Kong vending machine to avoid offering Bitcoin (BTC) as a payment option
American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System
30.5.2020
The Federal Reserve System was created after the “Panic of 1907” and ever since its inception in 1913, the Fed is one of the most powerful modern central banks in the world. Moreover, the Fed has always been either celebrated or criticized for stepping in whenever the U.S. is stricken...
Existential BTC, Undervalued ETH, Rebranded Calibra & 20 Crypto Jokes
30.5.2020
Let's rewind this week. Cardano announced its Shelley upgrade, Justin Sun announced Tron 4.0, and Theta upgraded to Mainnet 2.0. Hasu warned about the growing existential risk for BTC, BitMEX advised clients to use BTC as a hedge against inflation, researchers say that Ethereum remains undervalued...
Bitcoin Fees Fall 60% While Transaction Count Declines
30.5.2020
Bitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased. According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down from...
Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash
30.5.2020
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on...
Price Analysis 5/29: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADA
29.5.2020
Many altcoins are showing significant strength as they approach their 200-day moving averages, this suggests that the sentiment in the sector remains bullish
Bitpay Has ‘No Current Plans’ to Support Liquid or the Lightning Network
29.5.2020
According to Bitpay’s Chief Marketing Officer, Bill Zielke, onchain bitcoin payments still rule the roost as far as payments are concerned. Zielke detailed that at least in the near future, Bitpay won’t be supporting the Lightning Network or Blockstream’s Liquid project. Liquid...
South Korea to Start Taxing Bitcoin Profits in 2021
29.5.2020
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...
Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving
29.5.2020
Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis. GBTC...
Bitcoin Price Rallies to $9.6K as Record CME BTC Contracts Expiry Looms
29.5.2020
Bitcoin’s strong rally to $9,600 increases the chance of BTC reclaiming $10K but tomorrow’s CME BTC contracts expiry is an event to monitor
Bitcoin Volatility Expected as $328M in BTC Derivatives Expire Friday
28.5.2020
On May 29, CME BTC contracts expire, meaning Bitcoin price could experience volatility before and after the expiry
The Many Facts Pointing to Adam Back Being Satoshi
28.5.2020
During the last year, news.Bitcoin.com created a series that shows the many facts that point to certain individuals who might just be Satoshi Nakamoto and it’s been a popular run so far. Our series has covered nearly everyone, but there are still a few individuals that haven’t been...
Telegram CEO Donates 10 BTC to Pandemic Relief Effort
28.5.2020
Telegram CEO Pavel Durov reportedly donated about $90,000 worth of bitcoin to help alleviate the financial burden of COVID-19 pandemic in Russia
Telegram CEO Donates 10 BTC to Charity Project in Russia
28.5.2020
Telegram CEO Pavel Durov donates 10 BTC to a Russian charity project backed by a local political activist
Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’
28.5.2020
Central bank digital currencies (CBDCs) pose no threat to Bitcoin’s value proposition, instead, they will spur its growth toward mass adoption. In a new report, Grayscale Investments said CBDCs will never replace BTC because unlike the top cryptocurrency, they can be inflationary and are open...
Cryptocurrencies Spread 4X Faster in Undeveloped Countries: Blockchain Analysis Report
28.5.2020
During the month of April, the blockchain project Onfo initiated an experiment to see how fast crypto assets can gain popularity in four different countries. The team’s findings discovered that cryptocurrencies spread four times faster in developing nations as opposed to developed countries....
Bitcoin Suisse: Users Can Now Trade Gold Against Bitcoin and Ethereum
28.5.2020
Swiss crypto financial firm Bitcoin Suisse has added gold, silver, and platinum to its platform, allowing users to trade the precious metals against both bitcoin (BTC) and ether (ETH), as well as five other major fiat currencies. The precious metal trades are available for 24/7 trading with...
Bitmain Cofounder Allegedly Expelled – Could Face Litigation for Operation Interference
27.5.2020
One of the largest ASIC mining manufacturers worldwide, Bitmain, has allegedly ousted cofounder Micree Zhan. Regional reports note that he’s been threatened with litigation if he interferes with company operations. According to two local announcements written in Chinese, Bitmain has warned...
Price Analysis 5/27: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADA
27.5.2020
Most major cryptocurrencies have seen strong buying at lower levels, which shows traders remain interested in buying the dips
Bitwage and Gemini Partner to Launch Bitcoin-Based Retirement Plan for Employees
27.5.2020
Cryptocurrency payroll service Bitwage has announced the launch of a Bitcoin 401 (k) plan, allowing companies to give their employees a BTC-based retirement plan. In a press statement, Bitwage, which claims to have tested the product on its own employees for 10 months, said workers now have...