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Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In
14.5.2020
Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...
Bitcoin (BTC) Strengthens Even More; May Surpass the $10k Milestone Soon
14.5.2020
Bitcoin is most likely to cross the $10k mark before it approaches the month-end; the coin is set to knock the barriers above $9900 once again this month; can we thank the recent halving for this? The 200-day EMA line poses as a support level; the coin seems rock-solid above $9000 right now;...
Bitcoin Cash and BSV Hash Rates Surge Following BTC Halving
14.5.2020
The hash rates of BCH of BSV have recovered, after crashing hard following their April halvings. Mining profitability for BSV, BCH, and BTC is now roughly the same
More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving
14.5.2020
In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn...
Price Analysis 5/13: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM
13.5.2020
The recent correction in Bitcoin has not dented the upward trend and a retest of $10,000 seems likely
Treasure Hunters Race to Claim BTC Prize Hidden in New Music Album
13.5.2020
One techie music artist has hidden Bitcoin in his new album, and it's up for grabs to whoever solves the associated puzzle
17,000 Quadrigacx Users Seek $307M from the Failed Canadian Crypto Exchange
13.5.2020
About 17,000 people have filed claims for refunds from the collapsed Canadian digital asset exchange Quadrigacx. Altogether, the claims, denominated in both cryptocurrency and fiat, amount to nearly $307 million. According to a document released Tuesday by Ernst & Young, the court-appointed...
$200M Worth of BTC Removed From Exchanges Post-Halving
13.5.2020
Bitcoin community removes $200M worth of BTC from exchanges the first day after the halving
Popular BTC Derivatives Product Goes Live on DeFi’s dYdX
13.5.2020
Andreessen Horowitz-backed dYdX released its Bitcoin Perpetual Contract out of private alpha on Wednesday, bringing a key BTC derivatives product to DeFi
2 Days After the Bitcoin Halving: Network ‘Remains Strong,’ Higher Fees, Bullish Sentiment
13.5.2020
On May 11, 2020, the Bitcoin network completed it’s third block reward halving and the network seems to be chugging along just fine. However, it may take a while longer to see the halving’s effect on the mining industry and right now bitcoin transaction fees have risen exponentially....
Bitcoin Returns Above USD 9,000, Altcoins Drop Against BTC
13.5.2020
It took a few days for bitcoin (BTC) price to return above the USD 9,000 level after crashing on the eve of the third mining reward halving.
At pixel time (13:30 UTC), BTC trades at c. USD 9,094 and is up by 4% in a day, almost erasing all its weekly losses. The price is up by 35% in a month...
$2 Billion Cryptocurrency Hedge Fund Industry Set to ‘Grow Significantly’
13.5.2020
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...
Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility
13.5.2020
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116...
Halving Sell-Off Temporary, BTC to Hit $20,000 by Year End, Says Billionaire Investor Novogratz
13.5.2020
Bitcoin (BTC) may not have pumped at the scale expected by many halving optimists, but Wall Street billionaire Michael Novogratz insists that the price will hit $20,000 by year-end. The Galaxy Digital founder and chief executive officer on Monday told CNBC that bitcoin’s surge was inevitable...
Key Bitcoin Price Metric Shows Drop in Investor Fear After BTC Halving
12.5.2020
Bitcon’s implied volatility dropped sharply after the halving but what does this mean for BTC investors?
Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout ‘Too Big to Fail’
12.5.2020
The U.S. Federal Reserve has continued its schemes of monetary easing and funding a number of private banks during the Covid-19 outbreak. On Monday evening, the Fed revealed it would be buying corporate bonds and exchange-traded funds using the entity’s Secondary Market Corporate Credit...
New Cryptic Chinese Operation Instantly Becomes Sixth-Largest BTC Mining Pool
12.5.2020
A new Chinese mining pool swiftly takes 5% of the Bitcoin mining pie, while its origins remain unknown
[aktualita] SatoshiLabs využili BTC halving k velkému oznámení, chtějí vyrábět secure element čipy
12.5.2020
Pražská společnost SatoshiLabs, která světu v minulosti představila koncept hardwarové peněženky pro kryptoměny a dodnes si drží pozici tržní dvojky na tomto trhu, oznámila spuštění nového projektu, chce vyrábět SE (secure element) čipy jako open source. Secure Element (SE) je mikroprocesorový...
Twitter Remains Bullish on Bitcoin Price Despite Muted BTC Halving
12.5.2020
Bitcoin halved successfully and even though BTC failed to rally investor sentiment remains bullish
Final Block Mined Before Halving Contained Reminder of BTC’s Origins
12.5.2020
In the final block, Miner f2pool immortalized a NY Times article highlighting the similarities between the 2008 financial crisis and today