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80% of US and European Institutional Investors Find Cryptocurrency Appealing: Survey
11.6.2020
A new survey of about 800 institutional investors in the U.S. and Europe shows strong cryptocurrency adoption, particularly bitcoin. About 80% of institutions said they find cryptocurrency appealing, and 60% believe cryptocurrencies have a place in their portfolios. Crypto Appeals to 80%...
Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether
10.6.2020
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent...
Market Update: Bitcoin Train Inches Toward $10K, Wild Predictions, Trillion Dollar Crypto Economy
10.6.2020
On Wednesday, the market valuation of all 5,000+ cryptocurrencies is worth around $277 billion after a few coins gathered decent gains during the morning trading sessions. Today, bitcoin is trading for over $9,783 per unit and many traders believe the asset will surpass $10K once again. However...
A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless
10.6.2020
Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours. Reports from China show that a number of small mining operations are struggling and older bitcoin...
London’s ETC Group to List Centrally Cleared Bitcoin ETP on Deutsche Börse’s Xetra
10.6.2020
A UK-based financial services company will list a centrally cleared bitcoin exchange-traded product (ETP) on Deutsche Börse’s Xetra electronic trading market later this month. In a statement released on June 9, Etc Group said the contract, known as Bitcoin Exchange Traded Crypto (BTCE)...
Data Shows Bitcoin Options Markets Are Maturing Much Faster Than Futures
10.6.2020
Data from the crypto analytical firm Skew.com shows that bitcoin options are maturing much faster than the futures markets launched in December 2017. Skew’s data shows that the open interest in bitcoin options has risen significantly in the last few months. Bitcoin options “are starting...
Not So Private: 99% of Zcash and Dash Transactions Traceable, Says Chainalysis
10.6.2020
Chainalysis says it can track 99% of transactions involving Zcash, and almost all of Dash’s – coins that both fancy themselves as private and untraceable. Now, that’s because the majority of users do not utilize the optional privacy-enhancing features available on the...
Chinese Authority Freezes Thousands of Cryptocurrency Traders’ Bank Accounts
9.6.2020
Several thousands of bank accounts belonging to cryptocurrency traders have reportedly been frozen by Chinese police as a result of an extensive crackdown on illicit activities. Frozen accounts are not necessarily involved in wrongdoing and can be unfrozen if the authority finds no evidence...
Over 2,000 Coca-Cola Machines Now Accept Bitcoin in Australia and New Zealand
9.6.2020
Over 2,000 Coca-Cola vending machines in Australia and New Zealand have started accepting bitcoin, thanks to an agreement between Coca-Cola Amatil and Centrapay. Coca-Cola Amatil is a major bottler and distributor in Asia Pacific, supporting 140 brands. Buy Coke With Bitcoin The bitcoin payment...
2020 Libertarian Presidential Candidate Jo Jorgensen Talks Bitcoin, Endless Wars, Covid-19 Response
9.6.2020
On June 8, news.Bitcoin.com chatted with the U.S. 2020 Libertarian candidate for president, Joanne Jorgensen. The Libertarian Party’s nominee for president is the party’s first female candidate and she is a firm believer in free markets and civil liberties. This week our newsdesk...
Poloniex, Bittrex Named in Lawsuit Involving the Alleged Tether-Fueled Crypto Pump
9.6.2020
On April 3, the cryptocurrency community learned about 11 class-action lawsuits against various executives and digital asset companies. The law firm that filed the lawsuits is also involved with a class-action against Tether and Bitfinex for allegedly manipulating the price of bitcoin. On June...
Leaked Pentagon War Game Shows Gen Z Using Bitcoin to Battle the Corrupt State
8.6.2020
The United States has been creating military simulations, otherwise known as ‘war games,’ for years now. In fact, the Pentagon and various professional analysts created a permanent war gaming facility for simulations. This week a report indicates that Pentagon officials have purportedly...
Bitcoin’s March to $100K: A Number of Crypto Experts Who Believe the Price per BTC Touches Six-Digits
8.6.2020
A number of analysts believe that at some point in the future, Bitcoin prices will touch the six-digit zone or $100,000 or more per unit. This price point has been predicted by a variety of experts and analysts including the stock-to-flow (S2F) proponent Plan B, financial analyst Peter Brandt,...
66% of Coinbase Users Willing to Leave the Exchange Due to Mounting Privacy Concerns
8.6.2020
Two-thirds of people who use Coinbase are willing to leave the platform following reports that the U.S. exchange plans to sell user data to two government agencies for $250,000. Cryptocurrency trader and analyst John Rager carried out a poll on Twitter, asking his 73,000 followers: “Would...
Pablo Escobar’s Descendants Claim to Have Known Satoshi Nakamoto
8.6.2020
Reports stemming from the financial columnist, Greg Thomson and the family of Pablo Escobar, claim the Escobar’s know the mysterious creator of Bitcoin. Allegedly, the notorious Escobar’s say that Satoshi Nakamoto was once known as a man named “Yasutaka Nakamoto.” On June...
Trump Predicts US Economy to Recover by 2021 — Fed Chair, Economists Disagree
7.6.2020
President Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a “misclassification error.” Officials say the numbers are artificially low, and Federal Reserve Chairman Jerome Powell and several...
Bitcoin Hashrate Spikes to 120 Exahash: Difficulty Drops Allowing Miners to Rejoin the Competition
7.6.2020
The Bitcoin hashrate is up this weekend after the network experienced it’s fourth negative difficulty adjustment this year. The Bitcoin (BTC) protocol’s difficulty adjustment dropped over 9% on June 4, giving miners who shut off their machines a chance to join the competition once...
Bitcoin Trader: Google Helps Scam Crypto Trading App Look Legit in Reviews
6.6.2020
Bitcoin Trader has been heavily promoting itself as the best and safest automated cryptocurrency trading app that can help people earn $1,300 a day. Numerous fake reviews and scam checks on Bitcoin Trader are highly ranked by Google, making this scam appear legitimate. News.Bitcoin.com investigates...
Carl Watner: The Tragedy of Political Government
6.6.2020
“What is tragic about political government?” you might ask. Let us return to that question once we have examined the nature of political government and the State. In order to distinguish between government and other institutions in society we must look at the ways human behavior can...
Bonus Army, Occupiers, 2020 Uprising: Bitcoin’s Peaceful Protest Is Pure Civil Disobedience
6.6.2020
For twelve days straight, American citizens and a number of countries around the world have been protesting the oligarchs and police brutality. The restlessness from the uprising has slowed down some, but continues in various cities across the nation. On June 3, 2020, a reporter from Los Angeles...