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Computing Power of Bitcoin Establishes New Record with 100K+ Miners Online


The aggregate computing power that goes into securing the blockchain of bitcoin has established a fresh record. As per the data released by BTC.com, a mining service operator, the average hash rate for bitcoin mining has hit 71.43 quintillion EH/s (hashes per second) over the period of the past...

SEC Commissioner: US Could Draw Crypto Policy From These Countries


The U.S. Securities and Exchange Commission (SEC) could learn from other countries when finalizing its own crypto regulation, Commissioner Hester Peirce explains. While highlighting peculiar and notable features of the U.S. system, the commissioner emphasizes cross-border considerations, detailing...

Tax Expert: IRS Letters Confirm That Trading Cryptos Is a Taxable Event


The U.S. Internal Revenue Service (IRS) announced on July 26 that 10,000 American cryptocurrency users will receive a letter reminding them to pay taxes or amend any mistakes on past filings. At the time, IRS Commissioner Charles Rettig said U.S. taxpayers should take the warning letters...

Now Transact Bitcoin Through Blockstream’s Satellite Technology


The technology in the domain of blockchain has taken now another joint leap with Bitcoin registering the swop against the dollar through the satellite broadcast network of Blockstream. This is for the very first time that the transaction via satellite took place and it is considered as a milestone...

Bitcoin Price Analysis: Bitcoin (BTC) Price Plunges in the Intraday Chart


Bitcoin has locked itself at $10,600 level. Whenever there is a fall in the market, Bitcoin is found hovering around the same level. The stability in the coin has hyped our expectation. Today, the market is again suffering, and most of the coins are seen fall. Bitcoin is again at $10,600 and...

Bitcoin (BTC) Price Rally Indicates a Heavy Upsurge in Price


Bitcoin continues to climb without and pull back. BTC price momentum indicates a brighter future ahead. Currently, Bitcoin price was trading around $10,600 mark. Well, the intraday traders will consider a loss of $200 as the coin closed yesterday around $10,800. The same indicates that BTC will...

Research Reports Show Positive Crypto Industry Growth in H1 2019


More than half the year is behind us and the cryptocurrency ecosystem continues to move forward, showing relentless growth over the last six months. 2019 has also seen a new theme arise as speculators believe the cryptocurrency ecosystem is experiencing an influx of institutional interest...

P2P Crypto Lending Is on the Rise


As peer-to-peer cash, it only seems logical that cryptocurrency should be deployed for P2P lending. While that application has taken time to materialize, bitcoin and other crypto assets are now increasingly fulfilling that purpose. Across the BTC, BCH and ETH networks, credit is being supplied...

Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto


On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description...

US Regulator Plans to Outsource Running Cryptocurrency Nodes


A recently published document reveals that the U.S. Securities and Exchange Commission (SEC) has plans to hire contractors to run specific cryptocurrency full nodes for the government agency. According to the SEC documentation, the regulator wants third-party contractors to run nodes for Bitcoin...

The First ‘Halving’ of Litecoin Mining Rewards is Just 4 Days Away


Yesterday, Charlie Lee, the creator of Litecoin, made an announcement which caught a lot of attention. In a Twitter post, he said that in the coming four days he would be found cutting Litecoin mining rewards into half. Why is this special? Well, it is special because it will take place for...

What is the Safest Place to Buy Bitcoin?


While the cryptocurrency industry struggled for much of 2018 and the beginning of 2019, it has begun to rebound and is experiencing significant growth. Nearly every crypto asset (especially Bitcoin) is skyrocketing and many people think this may continue for a while. As a result, there are many...

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