Bitcoin’s hash rate seems to be feeling the consequences of the drama at Bitmain. Bitcoin (BTC) mining activity doesn’t seem to be reacting to the recent price rally that took the asset from approximately $9,000 in early July to almost $12,000 at time of publication. According to data from Coinmetrics, hashrate spiked around July 7 […]
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Russia may soon have a Blockchain-powered railway if Sergey Vinogradov gets his way. An advisor to Russian Railways, the country’s national rail operator, praised the rise of blockchain technology and hinted that it could be implemented as part of the country’s rail network. According to Vgudok, Sergey Vinogradov, the general director of the Scientific Research […]
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Binance’s debit card process makes it a more of a centralized bank-like institution than the decentralized tech dreamed by Bitcoin’s creator. Satoshi Nakamoto years ago envisioned an ecosystem that would be independent of the centralized financial system that dominates the global economy today. His creation sparked a global community of enthusiasts and an entire industry […]
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A bounce off $11,500 saves investors from serious pain but $12,000 remains a problematic level to flip to support. Bitcoin (BTC) dropped several hundred dollars in seconds on Aug. 10 as $12,000 once more proved too hot to handle. Cryptocurrency market daily snapshot Aug. 6. Source: Coin360 BTC price finds new focus at $11,700 Data […]
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Bitcoin is one of the few ways to move an entire fortune abroad, Bitcoin bull Max Keiser says. Capital flight out of Asia is one of major reasons for Bitcoin (BTC) hitting new 2020 highs in August, a major Bitcoin advocate believes. Max Keiser, a famous American broadcaster and known Bitcoin bull, is confident that […]
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Bitcoin has put in a crucial bull market sign for long-term investors as $12,000 returns to the market — can it hold? Bitcoin (BTC) greets another week with a push to $12,000 and its highest weekly close since after it hit $20,000 — will it return? Cointelegraph takes a look at five things that stand […]
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Frankie MacDonald is the latest internet personality to use his platform to push adoption of Bitcoin to a seemingly new audience. Frankie MacDonald, an amateur meteorologist based in Nova Scotia, has recently been using his platform to talk up Bitcoin in his charismatic voice. In a series of tweets beginning Aug. 8, MacDonald posted videos […]
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The regulator responsible for issuing licenses to crypto firms in NY greenlisted 8 coins for trading, including all 3 Paxos tokens. The New York State Department of Financial Services has issued a greenlist of 8 virtual currencies for sale and trade, and 10 coins approved for custody by licensed entities. According to a Aug. 3 […]
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Bitcoin price has pushed through $12,000 for the second time this month but will it hold? Within the last hour Bitcoin (BTC) price pushed through the $11,800 resistance and finally made its way back above $12,000. Crypto market daily price chart. Source: Coin360 The sharp upside move came after a relatively quite weekly close as […]
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The number of Bitcoin Cash investors holding at least $3M dropped by 10 since Aug. 1 following the price surge to more than $311. Following a 39% price surge at the end of July, at least 10 Bitcoin Cash whales have left the network, possibly trading or selling their millions in holdings. According to Crypto […]
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