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Bitcoin History Part 24: Celebrating the First Halving in 2012
25.2.2020
As the third Bitcoin halvening approaches, a handful of OGs will wistfully recall the first such event, which occurred in November 2012. Back then, following the completion of block 210,000, the mining reward halved from 50 to 25 BTC. To commemorate the milestone, early adopters threw parties...
Will Bitcoin Breach $10,000 this Week Again?
25.2.2020
Amid the still growing fears of Coronavirus, strong and frequent price predictions of BTC are making rounds in the market considering the upcoming Bitcoin halving. Meanwhile, the coin itself is maintaining suspense as it is neither crossing $10,000 with a strong rally nor is it showing...
Quoine Found Guilty of Breach of Contract in BTC 3,902 Trade Reversals
25.2.2020
Pediment sculpture of the Old Supreme Court, City hall Singapore. Singapore’s Court of Appeal has ruled that the cryptocurrency exchange operator Quoine wrongfully reversed a number of trades made on its platform – and is set to order it to pay compensation.
Per the Straits Times, the court refused...
Can Bitcoin Play a Role in Deteriorating Global Politics?
25.2.2020
Bitcoin is one of the most valuable financial assets in the world, and despite the growth slowing down in recent months, its market continues to expand globally. However, politicians across the globe have had polarizing views on Bitcoin and crypto in general, as some see it as a threat to their...
Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference
25.2.2020
When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3.6% and it’s...
Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted by Justin Sun
24.2.2020
“I don’t have any bitcoin. I don’t own any cryptocurrency, I never will … You can’t do anything with it except sell it to somebody else.” So claimed Warren Buffet in an interview this week on CNBC. Over the course of the two-minute segment, the billionaire...
Price Analysis Feb 24: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
24.2.2020
The failure to resume the uptrend shows traders are booking profits instead of buying and this could drag crypto prices lower over the short term
US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet Markets
24.2.2020
The U.S. Department of Homeland Security has revealed a cryptocurrency intelligence program aimed at identifying unlicensed crypto businesses using P2P sites, online forums, and darknet markets. These areas have consistently presented “a significant challenge to law enforcement” and...
Bitcoin Consolidates Below $10k for 5th Day in the Row
24.2.2020
Bitcoin (BTC), at the time of penning down the analysis, continued to trade below $10,000 for the 5th day in the row BTC/USD continue to face the pullback as it currently trades at $9,833 on Coinbase The coin retains immediate support from the 10-day daily MA followed by 50-day and 200-day...
$30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources
23.2.2020
On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from...
Half of Predictions Are Right Half the Time — BTC’s Halving Divides Opinions
23.2.2020
Does 2020’s halving-related BTC price growth have any real value or is it just FOMO?
Get Ready for the Bitcoin Halving – Here Are 9 Countdown Clocks You Can Monitor
22.2.2020
The anticipation for the block reward halving for BTC, BCH, and BSV has been building. All three cryptocurrencies will see rewards halved from 12.5 to 6.25 coins throughout the months of April and May. The following is a comprehensive list of websites that are counting down each crypto’s...
BTC Crash, Fraud and Anti-Hodling: Bad Crypto News of the Week
22.2.2020
Tired of reading? Listen to the bad crypto news of the past week instead
Chinese Government-Backed Institute Releases New Ranking of 37 Crypto Projects
22.2.2020
China’s Center for Information and Industry Development has published its latest crypto project ranking — the first this year. A total of 37 crypto projects, two more than in the previous ranking, were evaluated and ranked overall this month as well as in three separate categories. Also...
Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced
22.2.2020
Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring...
BCH Funding Debate: Amaury Séchet Responds to IFP Questions, Noting Contention in the West
22.2.2020
On February 20, Bitcoin Cash engineers held the second 2020 BCH developers’ meeting and the first since the Infrastructure Funding Plan (IFP) was added to the Bitcoin ABC version 0.21.0 client. Seven developers discussed new features that are coming after the May upgrade, but a majority...
How to Find Your Nearest Bitcoin ATM
21.2.2020
Cryptocurrency markets have experienced a few intensive weeks since the start of the year that took prices to 2020 highs in mid-February. The overall bullish sentiment is attracting more interest towards the crypto space. There are many ways to get started with Bitcoin but one the most accessible...
Price Analysis Feb 21: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
21.2.2020
The broad-based move in cryptocurrencies might be over and the market is likely to be selective in the next leg of the up move
Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners
21.2.2020
During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining...
Irish Drug Dealer Tells Police That Keys to $56M in Confiscated BTC Are Lost
21.2.2020
Irish drug trafficker claims he lost the keys for BTC wallets worth $56 million, confiscated by the police in connection with his recent arrest