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15% Correction Drops Bitcoin Price to $8,100 Days Before BTC Halving
10.5.2020
Bitcoin price drops by 15.30% just 2 days before the block reward halving
Bitcoin Mining Markets Heat Up: Ebang’s $41M Deficit, Bitmain’s Alleged 2020 Revenue
10.5.2020
The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) status....
Bitcoin Halving Means Miners Will No Longer Be Biggest Sellers of BTC
9.5.2020
Bitcoin halving will reduce the BTC inflation rate below 2% and miners will no longer be the biggest sellers
Rain, Government, and BTC Bulls to Help Chinese Miners After Bitcoin Halving
9.5.2020
The third Bitcoin (BTC) halving will change the mining industry. With mining reward effectively being cut by 50%, many miners and mining companies will be forced offline.
Only the most efficient and economically viable will survive. The question is: will the surviving miners be mostly concentrated...
Bitcoin (BTC) Aces the Comeback After the March Crash in Comparison to Gold
9.5.2020
Bitcoin price corrects downwards after swinging and hitting a 10-week long resistance slightly above $10k with only 2 days to halving remaining. However, this time the trend before halving seems to be quite different, unlike the one seen in 2012 and 2016. And, this time, analysts and influencers...
Price Analysis 5/8: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM
8.5.2020
After Bitcoin’s rally, several major cryptocurrencies are attempting to resume their up move
Popular Hedge Fund Manager Paul Tudor Jones: ‘Bitcoin Reminds Me of Gold Back in 1976’
8.5.2020
Hedge fund manager and investor, Paul Tudor Jones, discussed his opinion in regard to the crypto asset bitcoin on Thursday, saying that it reminds him of the part gold played back in the ‘70s. Jones also disclosed that his fund Tudor BVI has a percentage of Bitcoin futures products as well...
Top Experts Make Bitcoin Price Predictions as BTC Halving Approaches
8.5.2020
Sentiment seems to be leaning to a big upside for Bitcoin following the looming block reward halving
Coinshares Acquires Gabi Trading: New Unit Traded $3 Billion Worth of Crypto in 2019
8.5.2020
Coinshares on Thursday launched its trading business, Coinshares Capital Markets (CSCM), reporting that the unit traded over $3 billion worth of cryptocurrency in 2019 and $1.5 billion during the first quarter of 2020. The UK digital asset manager is basically rebranding Gabi Trading, a business...
Bitcoin (BTC) Retests 10-week Long Resistance with Halving Round the Corner
8.5.2020
Bitcoin hits a 10-week long resistance as it crosses above $10k for a moment before yesterday’s closing and is back to trading around $9.8k while a low touched at $9.7k, since the onset of the day until the time of writing. With 3rd Bitcoin halving round the corner, investors have stuck their eyes...
Bixin Unveils $65M BTC-Denominated Fund to Get More Bitcoin
8.5.2020
Bixin Global, a Hong Kong-based cryptocurrency firm, launched a fund of funds with 6,600 BTC, worth over $65 million to increase its Bitcoin holdings
New Bull Market Signal? Bitcoin Bearwhale Vanishes as BTC Hits $10K
8.5.2020
The most profitable trader on Bitfinex disappeared after the Bitcoin price hit $10K in a stunning 150% rally since the Black Thursday crash
Cryptoverse Has a Question to New Bitcoin Star, Paul Tudor Jones, as BTC Tests USD 10K Again
8.5.2020
Paul Tudor Jones. Source: a video screenshot, Youtube, Goldman Sachs
After legendary hedge fund manager Paul Tudor Jones made waves in the Cryptoverse with his bullish statements on Thursday, the crypto community wonders whether the investor holds physical bitcoin (BTC) that just spiked above...
Square’s Cash App Reports BTC Quarterly Revenue Exceeds Fiat’s, Soaring 367% to $306 Million
8.5.2020
Square’s Cash App reported Wednesday, that bitcoin (BTC) revenue during the first quarter of the year, soared 367% to $306 million from $65 million a year ago. Quarter-on-quarter, the figure is up 71%. The increase is thanks “to growth in the number of active bitcoin customers, as well...
Bitcoin Price Touches $10K Amid 2020’s Macroeconomic Storm and Covid-19 Fears
8.5.2020
On May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocurrency’s per annum inflation rate will drop from 3.6% to 1.8%...
Bitcoin Hits $10K — Paul Tudor Jones Buys BTC Comparing it to Gold
8.5.2020
With only 4 days left until the halving, Bitcoin price rose to $10,000, making a 160% gain since Black Thursday
BTC Miners Expect Bitcoin Price to Surpass $12K After Reward Halving
7.5.2020
Miners are hoarding most of the Bitcoin they mine ahead of the halving, showing they expect a much higher price after the event
Dollar Vigilante Founder Talks Covid-19 and Economic Crisis: ‘The Modern Financial System Is at the End of It’s Rope’
7.5.2020
Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining...
65% of Global Bitcoin Hashrate Concentrated in China
7.5.2020
A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently,...
Silvergate Bank Reports 75% Increase in BTC Trading Volume
7.5.2020
The crypto-friendly bank saw an increase in the number digital currency customers and Bitcoin trading volume in the first quarter of 2020