A 30% drop in hashrate was predicted by industry insiders, who believe it to be bullish for Bitcoin. Bitcoin (BTC) hashrate has decreased by 30% in the last three days in line with the predictions made by industry insiders. Before the halving, Cointelegraph surveyed a number of industry insiders about their expectations for post-halving changes […]
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German neobank Bitwala offers users interest rates up to 4.3% with its new Bitcoin Interest Account product. All 80,000 users of German neobank Bitwala can now purchase, hold and earn interest on Bitcoin (BTC) in their bank accounts thanks to a new partnership with cryptocurrency lending platform Celsius Network. According to defiprime.com, Bitwala is the […]
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Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin in deposits — worth over $380,000,000 — since its launch back in August 2018. Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin (BTC) in deposits — worth over $380,000,000 — since its launch back in August 2018. With over 100,000 active […]
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Bitcoin faces a crucial test at the weekly close, Bloomberg says BTC is setting up for a 2017-like bull run, and hodlers take action as May’s halving draws nearer. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation […]
Continue ReadingThe world has dramatically changed and traditional finance instruments such as venture capital funds have to adjust to a new reality. Shocking as it may sound, the venture capital industry is built on the idea that it doesn’t really matter if most of the companies they fund lose money or go belly-up. Could this be […]
Continue ReadingVolumes of the cryptocurrency in Argentine pesos, Bitcoin, and U.S. dollars have risen substantially since January 2018. The volume of Bitcoin (BTC) in Argentine pesos has risen exponentially since the 2018 cryptocurrency crash, as the country faces a possible default on $65 billion in foreign debt. Arcane Research posted data to Twitter on April 23 […]
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Entrepreneur Alex Mashinsky thinks a bet on Bitcoin in the current financial crisis is a bet “that the deflationary pressures will win”. Alex Mashinsky, chief executive officer (CEO) of cryptocurrency lending platform Celsius Network, thinks Bitcoin (BTC) hasn’t become enough of a non-correlated asset for investors to turn to it in the current financial crisis. […]
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Major US banks have been knocked offline, unable to cope with the volume of stimulus checks. Some U.S. banks have been unable to handle the increased demand generated by the stimulus checks being distributed to 80 million Americans. On April 15 the online platforms for US Bank, PNC, and Fifth Third Banks went down, apparently […]
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U.S. fintech lenders are helping small businesses affected by the COVID-19 crisis, but crypto players are unable to join. American financial technology firms are now able to help Main Street businesses affected by the COVID-19 crisis via a federal relief plan, but cryptocurrency-native companies apparently don’t fit the bill. Last week, the United States Small […]
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The Celsius Network is lowering its minimum loan requirements and soon will introduce interest paid out in gold. The Celsius Network is lowering its minimum loan request to $1,000 and will introduce interest paid out in gold. Celsius founder and CEO Alex Mashinsky told Cointegraph that they had previously lowered the minimum to $1,500 from […]
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