Looking at the Bitcoin Mayer Multiple, the Miner’s Position Index, Miner’s Rolling Inventory to provide fresh perspectives on what is going on with the market. We have almost reached Bitcoin’s third halving where the network halves the block reward from 12.5 Bitcoin (BTC) to 6.25 BTC. This event has recently ignited strong market interest where […]
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Award winning filmmaker, Torsten Hoffmann, follows up his 2015 Bitcoin film with an in-depth look at the state of the blockchain industry. “Cryptopia: Bitcoin, Blockchains and the Future of the Internet” is filmmaker Torsten Hoffmann’s follow up to his award-winning 2015 documentary “Bitcoin: The End of Money As We Know It.” His first film looked […]
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Iran is set to redenominate its fiat currency, removing four zeros to create a new fiat called toman as demand for crypto is surging. Ravaged by crippling hyperinflation, Iran’s Parliament has sanctioned the redenomination of its fiat — the rial — by replacing it with a new currency called the toman. According to the plan, […]
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Traders claim that their Bitcoin shorts were unfairly cut on Binance Futures, but the process is called auto-deleveraging, and here is why it happens. As the Bitcoin (BTC) price abruptly dropped from $9,500 to $8,100, some traders on Binance claimed that their winning short trades were unfairly cut short. A trader named AthenaBank wrote on […]
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Binance’s entrance to the Bitcoin mining industry could create a great disparity for the Bitcoin community. Binance has launched its own mining pool. This could spell bad news for miners, but probably not for the reason you’re thinking of. We’re all aware that Binance is continuing to extend its reach across the industry. The exchange’s […]
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Google has removed 22 malicious crypto wallet extensions from the Chrome extension store. These extensions were impersonating bitcoin wallets like Ledger and MetaMask. This follows the removal of 49 other malicious extensions last month. The security firm, Sophos reported on the 50 removed Google Chrome extensions. They further reported on the additional 22 extensions on […]
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The Bitcoin price dropped from $10,000 to $8,100, liquidating $200 million worth of shorts. Here are three factors that triggered the fall. Bitcoin (BTC) price dropped from $10,000 to $8,100 within just over a day, as it plunged by 9% in a single hour. It liquidated $200 million worth of shorts, obliterating the futures market. […]
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A $5 million hack that has baffled investigators in Brazil was thwarted with assistance from local OTC trading desks. A $5 million online heist in Brazil targeting Spanish multinational financial institution, Banco Santander was thwarted after the funds were seized with local over-the-counter (OTC) crypto exchanges. The perpetrators immediately moved to convert the stolen funds […]
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A study surveying reps from top EU mining firms found many believe regulations and protections offset higher electricity costs. A report compiled by non-profit research institute, dGen, has found that European crypto miners believe that the region’s higher electricity prices when compared to China and Russia are offset by political stability, robust regulation, and strong […]
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Bitcoin price drops by 15.30% just 2 days before the block reward halving. At 12:40 A.M. UTC time Bitcoin (BTC) price dropped from $9,574 to $8,112 in the course of 15 minutes. The 15.30% drop came after the top ranked digital asset on CoinMarketCap struggled to reclaim the $9,800 support after falling below the support […]
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