Despite the “crypto winter,” the Bitcoin Lightning Network’s capacity has climbed up to 500 BTC, which is worth around $2 million. The capacity of the Bitcoin (BTC) Lightning Network (LN) has surpassed $2 million on Sunday, Dec. 23, according to data provided by BTC statistics website bitcoinvisuals.com. Despite the year-long bear market, combined with the […]
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Bitmain has reportedly fired all staff working on its Bitcoin Cash client, and could dismiss over 1,000 more, social media messages allege. Cryptocurrency mining giant Bitmain has reportedly fired its entire staff of Bitcoin Cash (BCH) developers, Blockstream CSO Samson Mow reported, citing Chinese social media sources on Dec. 23. The second in what appears […]
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Blockstream launches a fifth BTC blockchain satellite into space, and a report accuses many exchanges of wash trading. Top Stories This Week Blockchain Firm Blockstream Launches Fifth Bitcoin Blockchain Streaming Satellite Blockstream, a blockchain development firm, expanded its satellite service this week with a fifth leased satellite broadcasting the Bitcoin (BTC) blockchain to all of […]
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The top 20 cryptocurrencies are mostly in the red, with Bitcoin dropping back under $3,900. Saturday, Dec. 22: most of the top 20 cryptocurrencies are seeing moderate losses, with Bitcoin (BTC) struggling to stay near $3,900. Market visualization from Coin360 At press time, Bitcoin is down almost 5 percent over the last 24 hours, trading […]
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Taiwan-based GPU producer Nvidia is the S&P 500’s worst performer in Q4 2018, as crypto mining sales have all but disappeared. The drastic decrease in crypto mining profitability has hit graphics processing unit (GPU) producers like Taiwan-based Nvidia hard. In Q4 2018, the firm experienced a massive sell-off of its shares, cutting the stock price […]
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U.S. lawmakers recently introduced a bill that would impose further sanctions on Iranian financial institutions and its national cryptocurrency. United States lawmakers have introduced a bill to levy further sanctions on Iranian financial institutions and the development and use of the national digital currency. HR 7321 was introduced in the House of Representatives by Rep. […]
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Russia’s Ministry of Finance believes launching a single digital currency backed by the EAEU is inevitable due to U.S. sanctions. Russia’s Ministry of Finance (MinFin) believes that the creation of a Eurasian Economic Union (EAEU)-backed digital currency is inevitable due to the United States’ sanctions. Major Russian media agency Rambler reported MinFin’s comments on Friday, […]
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Crypto markets have broken their five-day streak of green, with many of the major crypto assets seeing mild corrections at press time. Friday, Dec. 21 — crypto markets have broken their five-day streak of green, with many of the major crypto assets seeing mild corrections at press time, as data from Coin360 shows. Market visualization […]
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Cryptocurrency mining hardware producer Ebang has suffered “significant decreases” in revenue in the second half of 2018. Ebang, a crypto mining ASIC hardware producer, has suffered “significant decreases” in revenue in the second half of 2018. This development was reported in documents submitted by the company to the Hong Kong Stock Exchange (HKEX) on Dec. […]
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Blockstream’s satellite service hopes to increase the footprint and accessibility of the Bitcoin network around the world. Bitcoin’s wireless broadcast footprint has been expanded substantially thanks to Blockstream’s most recently leased satellite. The blockchain development firm confirmed it has leased a fifth satellite on Dec. 17, which is being used to broadcast the Bitcoin blockchain […]
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