Most of the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin breaks the $11,800 mark again. The top 20 cryptocurrencies are seeing mixed movements as Bitcoin (BTC) suddenly flash crashed in minutes from $12,300 to as nearly $11,600. Market visualization. Source: Coin360 Nevertheless, Bitcoin price is still currently […]
Continue Reading
Under one day since Litecoin’s halving, its hash rate appears to be as robust as ever, with hash rate at 97% of its pre-halving level. Under one day since Litecoin (LTC)’s halving, its hash rate appears to be as robust as ever. In a tweet posted on August 5 — just under 22 hours after […]
Continue Reading
In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets. In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets. The United States’ hawkish move has been reflected in a new all-time-high for peer-to-peer trading volume on LocalBitcoins in […]
Continue Reading
Scam letters purporting to be from the United States Internal Revenue Service are trying con cryptocurrency taxpayers and others out of their funds. Scam letters purporting to be from the United States Internal Revenue Service (IRS) are trying con cryptocurrency taxpayers and others out of their funds. According to a Forbes report published on August […]
Continue Reading
The United States, China and the fallout of their escalating trade war means Bitcoin is a perfect storm. Bitcoin (BTC) price has staged a remarkable rally in recent days, but the reasons behind it could mean higher prices stick around much longer. With BTC/USD now at $12,200, here are the main reasons the cryptocurrency industry […]
Continue Reading
Agecroft Partners’ Don Steinbrugge thinks the cryptocurrency will linger in portfolios. Bitcoin (BTC) lets investors hedge against inflation and will endure as part of portfolios, the CEO of consultancy firm Agecroft Partners has told mainstream media. “It’s fantastic technology” Speaking to CNBC in an interview Aug. 6, Don Steinbrugge praised the cryptocurrency’s technology while discussing […]
Continue Reading
State-sponsored attacks on exchanges and banks generated considerable revenue under sanctions, new report claims. North Korea has netted around $2 billion by hacking banks and cryptocurrency exchanges, according to the United Nations (U.N.). UN: Hacked crypto funds weapons of mass destruction In a confidential report acquired by mainstream media outlets including Reuters on Aug. 5, […]
Continue Reading
Bitcoin currently controls 68.4% of the total crypto market cap, as bulls regain control. Bitcoin (BTC) price has retaken $12,000 in a final push following several days of intense upwards price action. Bitcoin 7-day price chart. Source: Coin360 Bitcoin bulls reverse multi-week downturn Data from Coin360 showed BTC/USD hitting $12,142 on Aug. 6, bringing its […]
Continue Reading
Bitcoin is hovering under $12,000 while major altcoins are seeing minor gains on the day. Tuesday, July 30 — The number one cryptocurrency, Bitcoin (BTC), appears to have stabilized shy of $12,000 after quickly retaking $11,000 in a rally this weekend. Ether (ETH) and XRP are seeing slight gains at press time. Market visualization. Source: […]
Continue Reading
The director of the Web3 Foundation has resigned, and says he will be gradually leaving Web3 to pursue work on DAOs. Web3 Foundation (W3F) director Ryan Zurrer has announced that he is stepping down from his role at the decentralized web-focused nonprofit to pursue his interest in investments and decentralized autonomous organizations (DAOs). Zurrer expounded […]
Continue Reading