Paul Tudor Jones, the billionaire founder of hedge fund Tudor Investment Corporation, reportedly revealed that Bitcoin is part of his portfolio. Amid the ongoing coronavirus pandemic, inflation is collapsing all over the world. In order to hedge against the inflation risks, some billionaire investors are buying Bitcoin (BTC). Paul Tudor Jones, the billionaire founder of […]
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Bitcoin price has risen to $9,887 but is strongly overbought, increasing the possibility of a post-halving sell-off. The Bitcoin (BTC) price has seen a strong recovery to $9,887 since mid-March, rising by more than $6,000 within a span of two months. The rapid upsurge was caused in anticipation of the block reward halving that is […]
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Did Satoshi Nakamoto make a mistake in the Halving code? How does Bitcoin’s block halving work on an engineering level? We explain with help from Andreas Antonopoulos. In a recent video, Antonopoulos explained the Bitcoin Core code that controls the halving of the Bitcoin (BTC) block reward in detail. Bitcoin halving code. Source: Bitcoin Core […]
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Free TON Community answers questions on the unexpected launch of a “free” version of the Telegram Open Network that took place today. Free TON Community, an independent group of developers and users, have just launched a free version of the Telegram Open Network, or TON. During the launch event on May 7, community members answered […]
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Miners are hoarding most of the Bitcoin they mine ahead of the halving, showing they expect a much higher price after the event. Miners have sold less Bitcoin (BTC) over the past seven days as the highly anticipated block reward halving approaches. This means that miners expect the price of Bitcoin to increase substantially over […]
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A crypto data firm rep explained how analysis of Tether’s on-chain data can be used to forecast Bitcoin’s bull runs. A crypto data firm representative explained how Tether’s on chain data can potentially forecast Bitcoin’s (BTC) bull runs. Marketing and social media director at Santiment, Brian Quinlivan, told Cointelegraph on May 7 that the percentage […]
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Post-halving scenario on Bitcoin’s long-term market trust and reputation seems quite positive according to crypto pundits. With Bitcoin’s (BTC) fourth halving just four days away, members of the global crypto community are eager to see how the event pans out monetarily for the flagship crypto asset. Historically speaking, the halving has almost always had a […]
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The world will not be the same after the COVID-19 pandemic with the necessity for the brand new global monetary system based on crypto. The global economic crisis caused by the coronavirus panic is so severe that the world’s most powerful central bank, the United States Federal Reserve, announced “QE infinity.” Bank of America Securities […]
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Square’s Cash App and Grayscale absorbed over half of the Bitcoins mined in the first three months of 2020, according to a May 7 report. Square’s Cash App and asset manager Grayscale consumed over 50% of newly issued Bitcoin (BTC) in Q1 2020, a new report shows. Australian fund manager ListedReserve tweeted a calculation based […]
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Binance CEO Changpeng Zhao and Ethereum co-founder Charles Hoskinson have taken gold bug Peter Schiff to task for his professionalized Bitcoin criticism. Binance CEO Changpeng Zhao and Ethereum co-founder Charles Hoskinson have taken gold bug Peter Schiff to task for his professionalized Bitcoin (BTC) naysaying. On May 6, Zhao, better known in the industry as […]
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