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$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
Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving
12.5.2020
About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus...
YouTube Cancels Cointelegraph's BTC Halving Livestream for Being 'Harmful Content'
11.5.2020
What a twist! YouTube pulled the plug on our seven-hour livestream
Bitcoin’s Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time Estimates
11.5.2020
The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. Bitcoin miners now get 6.25 BTC per block rather than the 12.5 BTC they acquired before...
Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole
11.5.2020
The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts. Fees are paid...
Top Crypto Traders Predict Bitcoin Price Direction After BTC Halving
11.5.2020
Bitcoin’s price saw wild volatility leading up to the halving. Top crypto traders discuss where the price is likely headed to next
Unprofitable Miners Already Leaving Bitcoin Network Ahead of BTC Halving
11.5.2020
The halving is just a few hours away — and many miners are already shutting their soon-to-be unprofitable rigs, says Poolin VP Alejandro De La Torre
Bitcoin Crosses $9K as Paul Tudor Jones Confirms 1% BTC Portfolio
11.5.2020
Bitcoin price action turns volatile once more as daily gains circle 4% despite bad news from traditional markets, which are tipped to open lower
Will 2019 BTC trend repeat itself on Halving Day?
11.5.2020
Bitcoin, at the time of writing this analysis, was trading below $9k around $8.6k and has drawn a bearish candlestick and retested 10-day long support at $8.1k. With less than 10 hours (according to IST time) left for the 3rd Bitcoin Halving, BTC price has not shown any rebound after a massive...
Exchange Crypto with 0% Fees in Lumi Wallet
11.5.2020
Everybody’s sick of commissions. Lumi Wallet is renouncing them, introducing 0% Fees on all in-wallet operations. All you need to get rid of hidden fees is the Lumi Wallet app and the promocode – BTCNEWS. Why is Lumi doing this? Decentralized finance has undeniable advantages over fiat...
Record Bitcoin Futures Gap: 4 Things to Know for BTC Price This Week
11.5.2020
What’s in a $1,200 drop? Bitcoin is serving up considerable volatility, but all factors point to business as usual as the third halving hits
Average BTC Transaction Fees Increased 300% Days Before Halving
11.5.2020
The average transaction fee for Bitcoin peaked at $3.19 on May 8, an increase of over 300% from the average fee of $0.62 on April 26