Daily Ethereum network fees have surpassed those of the Bitcoin network and the gap is growing, recent data suggests. Daily Ethereum network fees surpassed those of the Bitcoin (BTC) network for two consecutive days on June 6 and June 7, data obtained by on-chain market analysis firm Glassnode shows. According to Glassnode, on June 6, […]
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BTC/USD is “perfectly” repeating its run-up to all-time highs in 2013, price analysis reveals, despite mixed feelings about 2020’s outlook. Bitcoin (BTC) is looking like it will hit $75,000 — and that could happen “within weeks,” one analyst has found. Uploading a fresh BTC/USD price chart to Twitter on June 7, Cane Island Alternative Advisors’ […]
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The Saudi Arabian Monetary Authority has transferred funds to local banks using blockchain technology. The Saudi Arabian Monetary Authority (SAMA), the country’s central bank, announced that it used blockchain technology to deposit funds to local banks. An official statement published by SAMA said that the funds were a part of the bank’s initiative to enhance […]
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The CEO of Celo alliance member Blockdaemon believes that the Celo ecosystem will soon comprise “PayPal on speed with its own native currencies.” Since launching its Alliance for Prosperity earlier this year, open payment platform Celo has quickly emerged as an apparent rival to Facebook’s Libra stablecoin project. Cointelegraph spoke to Konstantin Richter, the CEO […]
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The community is taking issue with the fact that BitMEX is ranked 175th by CoinMarketCap, but other derivatives platforms are not properly ranked as well. Following the latest CoinMarketCap update which introduced the “Confidence factor” to rank exchanges, users are taking issues at perceived injustices against popular platforms. A pseudonymous Twitter user going by the […]
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Max Keiser called out Warren Buffett over his recent losses in the airline sector, claiming that Robinhood users had stolen his money and created wealth for Generation Z. Broadcaster and renowned Bitcoin (BTC) bull Max Keiser has taken a knock on veteran investor Warren Buffett in a tweet posted on June 8. Keiser claimed that […]
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On average, ransoms demanded by cryptocurrency ransomware hackers increased by 200% from 2018 to 2019. On average, the ransom demanded by cryptocurrency ransomware hackers increased by 200% from 2018 to 2019. According to a report published on June 5 by cybersecurity firm Crypsis Group, the average ransom demanded by cryptocurrency ransomware groups in 2019 reached […]
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Blockfyre’s co-founder believes a bull market will return, seeing Bitcoin price rise 1,400% to hit $150,000, and Ether and other solid altcoins making even more impressive gains. The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000. In a tweet on June 4, […]
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During a recent AMA, Cardano’s Charles Hoskinson described cryptocurrency as inherently political, urging the crypto community to rally against efforts to stifle the space. Charles Hoskinson, the creator of Cardano (ADA), has described participating in cryptocurrency as an inherently political act. Speaking during an impromptu ask-me-anything on YouTube, Hoskinson asserted that crypto-driven fundamental disruptions to […]
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Strange macro uptrends coincide with middling price action for Bitcoin, but eyes are on $8,000, not $10,000 so far. Bitcoin (BTC) began a new week less than $500 away from $10,000, but sudden volatility remains — what should you look out for in the coming days? Cointelegraph presents a weekly roundup of the major factors […]
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