The yearly average for BTC/USD is circling $9,000 for only the second time in history amid bullish halving sentiment. Bitcoin (BTC) may have reversed all price losses since its crash in March, but another price indicator is about to make a new all-time high. As noted by Yassine Elmandjra, crypto-asset analyst at investment advisor ARK, […]
Continue ReadingWhy is Bitcoin popular among cybercriminals, and what is the future of cryptocurrencies in the darknet? Due to the transition of many people around the world into a “stay at home” mode, where the only viable way of communicating and receiving something is through the global network, some new information regarding darknet activity has begun […]
Continue ReadingBitcoin’s price is surging right before the halving event, but will it last? On-chain data may hold the answer. As the coronavirus pandemic continues to unfold and new signs of lockdowns beginning to be slowly lifted in Europe, all eyes in the crypto community are back on the Bitcoin (BTC) halving. The event is only […]
Continue ReadingPoolin releases figures showing current hashrate distribution in the lower quartile to calculate miner capitulation after the halving of Bitcoin’s block subsidy. The market for selling hash rate in exchange for Bitcoin (BTC) has undergone staggering growth in the epoch since the last halving. There is almost 100 times the level of competition today as […]
Continue ReadingMost major cryptocurrencies are facing resistance at higher levels, meaning a few days of consolidation could be needed before the rally can resume. The total crypto market capitalization has jumped from about $198 billion on April 22 to over $263 billion on April 30. This 32% rally in roughly eight days shows that investor sentiment […]
Continue ReadingA recent tweet storm from Elon Musk begs the question — is Tesla’s founder selling his reportedly small Bitcoin holdings? As part of a recent series of nonsensical tweets, Tesla’s eccentric founder, Elon Musk, expressed plans to sell all his physical possessions. Are his Bitcoin (BTC) holdings included in the fire sale? “I am selling almost […]
Continue ReadingCharlie Shrem gave Cointelegraph an exclusive update to the mysterious story of a letter he received in 2014 from a ‘Marcel Mellish.’ In an exclusive interview with Cointelegraph during Virtual Blockchain Week, crypto pioneer and founding member of the Bitcoin Foundation, Charlie Shrem, revealed new information surrounding a mysterious letter he received in 2014. In […]
Continue ReadingMulti-chain DeFi framework, Equilibrium, raised EOSDT circulation cap from $70 million up to $170 million with pBTC integration. As the decentralized finance, or DeFi, industry continues to grow, the need for liquidity in cryptocurrencies is steadily increasing. DeFi startup Equilibrium has today expanded the supply of its decentralized EOS stablecoin, EOSDT, as a result of […]
Continue ReadingLeading crypto traders lay out both bearish and bullish scenarios for Bitcoin as the halving approaches. The price of Bitcoin (BTC) increased from $7,700 to $9,500 in merely 48 hours from Wednesday to Thursday, rising by more than 22%. The market has cooled down since, with the dominant cryptocurrency dropping back below $9,000. All key […]
Continue ReadingChina has consolidated more than half of the world’s Bitcoin mining operations. What threats could the situation create? Could China take over the Bitcoin (BTC) ecosystem? It’s a very real possibility, and it could happen very quickly because China controls more than half of the world’s Bitcoin mining operations — upward of 65% of the […]
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