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 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 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 ReadingThe crypto markets are expected to remain volatile this week. Hence, several short-term trading opportunities are likely to crop up. The world is currently witnessing its worst crisis in decades, which dwarfs even the previous financial crisis. Even when traditional asset classes like equities and crude oil are struggling, Bitcoin (BTC) has held out exceedingly […]
Continue ReadingThe ever-entertaining John McAfee told Cointelegraph it is “easy” to figure out the identity of the pseudonymous author of the Bitcoin whitepaper. In an exclusive interview with Cointelegraph during Virtual Blockchain Week, privacy coin advocate, fugitive, and self-proclaimed candidate for the president of the United States, John McAfee, asserted that he knows the identity of […]
Continue ReadingIf Bitcoin weathers the current financial storm, our monetary system will be on the brink of dramatic changes or even a revolution. We are at a turning point in history. The coming months will show how institutional investors will react in the medium term to the countless rescue packages in the wake of the coronavirus […]
Continue ReadingBitcoin price experienced a huge 20% surge in value last week, but one indicator suggests BTC could still be in a downtrend. The price of Bitcoin (BTC), the top-ranked cryptocurrency, currently sits around $9,000, after last week’s impressive 20% rally in a single day. With the halving now less than 2 weeks away, it might […]
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