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Another Mysterious String of 1,000 ‘Satoshi Era’ Bitcoins Mined in 2010 Moved Today
7.11.2020
On November 7 at around 12:37 a.m. (EST), another string of so-called ‘sleeping bitcoins’ were moved for the first time since 2010. The peculiar movement stemmed from 20 blocks from 2010 with approximately 1,000 BTC spent ($15.5 million) in a single block. 2020 has been a wild year...
Quadriga CX Trustee Raises $30 Million for Reimbursements to Creditors, Claimants Want $171 Million Instead
7.11.2020
The trustee of the now-defunct crypto exchange, Quadriga CX says the sell-off of the platform’s assets raised $30 million. This contrasts with the $171 million in claims that has been filed with the trustee by Quadriga creditors. Consequently, Ernst and Young (EY), the accounting firm...
Only 4% of Norway uses cash as country evaluates CBDC, Norges Bank exec says
6.11.2020
Cash usage has declined in Norway since COVID-19, but physical currency also carries strengths that CBDCs may lack
Price analysis 11/6: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, ADA, BSV
6.11.2020
Bitcoin price looks slightly overextended in the short-term and may take a break while altcoins play catch-up
Bitcoin Cash-Fueled Onchain Social Media Platform Memo Launches iOS App
6.11.2020
Two years ago, an onchain social network called memo.cash was launched and the application has developed quite a bit since then. On Tuesday, the Memo team revealed that the platform is now available for iOS phones via the App Store. Apple users can now connect to the social network that etches...
The Looming Bitcoin Cash Hard Fork: Here’s What You Need to Know
6.11.2020
The Bitcoin Cash (BCH) community is slated to initiate yet another hard fork on November 15, 2020.
The blockchain split represents the culmination of a series of disagreements and tensions related to proposed changes in the underlying code as well as the future of Bitcoin Cash.
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Almost 80% of Square’s Cash App Q3 revenue was from Bitcoin
6.11.2020
Square’s Cash App has increased Q3 Bitcoin revenue by 1,100% after more than $1.6 billion Bitcoin was purchased by users
Square Reports $1B in Quarterly Bitcoin Revenue for First Time: Q3 Earnings
5.11.2020
"Cash App generated $1.63 billion of bitcoin revenue and $32 million of bitcoin gross profit during the third quarter of 2020."
Bitcoin Price Spikes Over 9% as the Crypto Asset’s Value Nears $15K
5.11.2020
The crypto economy has jumped over the $400 billion mark and is now hovering around $414 billion at the time of publication. The largest crypto asset in terms of market cap, bitcoin has over 9% during the last 24 hours steadily marching toward the $15k zone. During the last 30 days, Bitcoin (BTC)...
Hash Watch: Bitcoin Cash Services Reveal Contingency Plans for Upcoming Fork
5.11.2020
The Bitcoin Cash blockchain is set to upgrade on Sunday, November 15 and it’s still expected that the network will bifurcate. So far, a number of crypto services have revealed contingency plans for the fork, and today’s data shows that 754 out of 1,000 bitcoin cash blocks were mined...
Trezor’s failure to support upcoming BCH fork comes under fire
5.11.2020
Trezor has announced it will wait to see the outcome of Bitcoin Cash’s Nov. 15 fork before pledging support for Bitcoin ABC or Bitcoin Cash Node
Market Wrap: Bitcoin Jumps to $14.2K; Ethereum Gas Usage Grows 113% YTD
4.11.2020
Bitcoin’s price bounced Wednesday as Ethereum transaction fee data shows a DeFi downturn
Price analysis 11/4: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, ADA, BSV
4.11.2020
After reaching a new 2020 high, Bitcoin traders are fighting to flip $14,100 to support and Ethereum is attempting to do the same to the $400 level
Fork in the node: Bitcoin Cash Node on track to oust Bitcoin ABC
4.11.2020
After months of escalating tensions between rival Bitcoin Cash implementations, the future of BCH appears to be firmly in the hands of Bitcoin Cash Node
Bitcoin Cash Price Draws a Bearish Crossover; Trades Below $245
3.11.2020
Bitcoin Cash, with a bearish candlewick, is seen breaching the lower Bollinger Band and is following the negative market sentiment. BCH price has been under the bearish radar just like any other altcoin of the market and is simply failing to breach the stringent resistance at $281 and significant...
Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion
1.11.2020
Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH)...
Lightning Network Exploits Continue to Hinder the Bitcoin Scaling Solution
1.11.2020
While bitcoin has run-up to all new price highs in 2020, a great number of crypto supporters have been complaining about the mempool backlog and the high fees needed to send a transaction. Meanwhile, the Lightning Network is far from seeing widespread adoption, and a number of attack vectors have...
Price analysis 10/30: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA
30.10.2020
Bitcoin’s consolidation near a key overhead resistance is a sign of strength but the technical structure of most altcoins has weakened
Blockchain Bites: Ripple’s MoneyGram Pump, OKEx’s Bitcoin Cash Plan, Bitcoin’s Birthday
30.10.2020
Tomorrow marks the 12th anniversary of the Bitcoin white paper
Remittance Costs Lower in Q3 World Bank Study Shows – Only Cryptocurrencies Meeting UN Goal
30.10.2020
The latest study by the World Bank shows that it costs 4.98% on average to remit funds to South Asia which makes it the least expensive region while sub-Sahara Africa is the most expensive with an average cost of 8.47%. The quarterly study also finds that it is costlier to remit funds when using...