Bitcoin price faces strong resistance at $9,000 but if the upsurge continues post-halving, BTC could reach new range highs. The Bitcoin (BTC) block reward halving is set to occur on May 12 and traders have mixed opinions on the direction of BTC price following the event. Some believe that a “sell the news” type drop […]
Continue ReadingA doctoral candidate posted the results of a survey on Bitcoin security from his thesis to Reddit on April 30. A survey posted to Reddit shows that most crypto holders store the majority of their Bitcoin in hardware wallets and keep a backup of the private keys on a sheet of paper. Reddit user gunnaj […]
Continue ReadingOverstock’s blockchain arm tZERO aims to launch a broker dealer service in the United States by the second quarter of 2020. Overstock’s blockchain arm tZERO aims to launch its broker dealer service in the United States by Q2 2020. According to an April 30 Forbes article, tZERO Chief Executive Officer (CEO) Saum Noursalehi said he […]
Continue ReadingRipple co-founder Jed McCaleb sold more than 54 million XRP in April and still has billions left to sell, according to his wallet activity. Analyzing known wallets for Ripple co-founder Jed McCaleb shows he sold off at least 54 million XRP between April 1-30. With data available through XRP ledger explorer bithomp from McCaleb’s known […]
Continue ReadingIran’s Ministry of Industry, Mining and Trade issued a license to Turkey-based company iMiner for operating in the province of Semnan. Iran’s Ministry of Industry, Mine and Trade granted a license for cryptocurrency mining company iMiner to operate in the country. With 6,000 rigs, iMiner’s setup would purportedly make it one of the largest crypto […]
Continue ReadingLeaders throughout the Blockchain space came together to share their views on the future of the industry at Virtual Blockchain Week. Over the past week, Cointelegraph has participated in Virtual Blockchain Week — a pandemic-proof crypto conference that invited participants from all over the world to join talks with some of Blockchain’s greatest luminaries. At […]
Continue ReadingOscar-winning director shares conspiracy theory which claims Microsoft’s recent crypto mining patent is satanic. Oscar-winning Russian director, Nikita Mikhalkov, has espoused a bizarre conspiracy theory on local television. He claims that Microsoft’s recent patent for a sensor-based cryptocurrency mining system using body activity data comprises the first-step in a satanic plot to microchip the human […]
Continue ReadingBitcoin’s hash rate has set a new record just eight days from the halving and six weeks after crashing by 40% over two weeks. After the mid-March price crash led to a brief exodus of miners operating older hardware, the Bitcoin (BTC) hash rate posted a new all-time high (ATH) of more than 142 exahashes […]
Continue ReadingMakerDAO governance token holders voted to accept wBTC as the fourth collateral asset in the Maker DeFi Protocol. MakerDao governance, a decentralized community of MKR token holders that govern the Maker Protocol, has voted to pull Bitcoin onto the Ethereum blockchain by accepting Wrapped Bitcoin as a new collateral asset in the Maker Protocol, according […]
Continue ReadingMajor cross-border payments company MoneyGram has reported a “quiet quarter” with regards to its partnership with Ripple. During an earnings call for Q1 2020, MoneyGram chairman and chief executive, Alexander Holmes, revealed that it was a “quiet quarter” regarding the firm’s partnership with blockchain payments company Ripple (XRP). Ripple first announced its “strategic partnership” with […]
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