The battle to secure $9,000 as support grinds on as an ever-critical Schiff claims that the “collapse” of Bitcoin is not far away. Bitcoin (BTC) rose to take $9,000 yet again on May 6 as the mission to create new support levels continued. Cryptocurrency market daily overview. Source: Coin360 Analyst: BTC “doing well” even with […]
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Blockstream’s updated protocol for their satellite service makes it possible to download a full node without an internet connection. Blockstream has just upgraded their satellite network that carries the Bitcoin blockchain for the first time in almost two years. The data rate is now 25 times faster and users can sync an entire node without […]
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Decred’s co-founder thinks Bitcoin’s halving could double its price as miners look to cover the costs of their work. Decred co-founder and project lead Jake Yocom-Piatt predicts that the coming reduction in Bitcoin’s (BTC) mining payout will have miners upping prices. “Since the Bitcoin halving means that miners will receive half as many Bitcoins for the same […]
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Crypto investors have long believed that institutional investors would lead to the next Bitcoin moon event but this is a false narrative built on nothing more than hope. For the past two years, crypto-media outlets and Bitcoin (BTC) advocates have placed heavy emphasis on the need for institutional investors to embrace the cryptocurrency sector. The […]
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While Brave boasts over 13 million monthly users, few of them appear to be utilizing the cryptocurrency aspect of the platform. While enjoying a wide user base, cryptocurrency-enabled web browser Brave’s users do not seem to be taking advantage of its token features. During a May 5 Twitter live stream, the CEO of major crypto […]
Continue ReadingIn a letter to Investors, CEO Dan Morehead examined the YTD performance of Bitcoin prior to the May 12 rewards halving. Pantera Capital Founder and CEO Dan Morehead has predicted there is more than a 50-50 chance Bitcoin goes up “and goes up big”, with a predicted peak of over $500,000 in August 2021. The […]
Continue ReadingCrypto fans have been discussing actively on social media about the new Bitcoin-related episode of “Billions” series. Showtime released the first episode of the fifth season of financial drama series “Billions,” which opened with a Bitcoin mining bust. The new season, based on the life of the former New York District attorney Preet Bharara, began […]
Continue ReadingCan blockchain-based social media platforms solve the current issues faced by mainstream platforms? It’s hard for most people to imagine their lives without the use of social media, and crypto enthusiasts are no different. Since the beginning, the crypto industry has thrived on social media platforms, as they allow people to connect and share ideas. […]
Continue ReadingPlanB, the pseudonymous creator of Bitcoin’s stock-to-flow model, explained Bitcoin’s journey from a proof-of-concept to a mainstream financial asset. Crypto analyst and Twitter personality, PlanB, recently said Bitcoin is serious business as he recapped the asset’s journey over the last decade. “This thing is not a toy anymore,” PlanB told Peter McCormack in a May […]
Continue ReadingPerformance since February currently circles 0.6% gains, providing proof that Bitcoin really can preserve wealth in a crisis, says Travis Kling. Bitcoin (BTC) has in fact functioned very well as a store of value before the coronavirus crisis, raw data suggests. In a Twitter discussion on May 1, Travis Kling, head of crypto hedge fund […]
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