Ahead of Bitcoin’s upcoming halving, all major trends surrounding the premier cryptocurrency seem to be positive. For over a month, the global crypto community has been talking about the upcoming Bitcoin halving event with great gusto. However, because of the economic slump that has affected the entire planet at the moment from the spread of […]
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China’s cyberspace commission has issued approvals for 224 blockchain projects, including ventures from the country’s major tech companies. China’s Office of the Central Cyberspace Affairs Commission (OCCAC) has announced its third round of blockchain projects to receive approval from the country’s regulators. 224 distributed ledger technology (DLT) ventures have been added to the commission’s registry, […]
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Bitcoin price just set a higher high at $7,863 as bulls attempt to conquer $8,000 before the block reward halving. Bitcoin (BTC) price has secured another higher high at $7,863 as traders continue to press for a break of the resistance at $8,000. With just 13 days left before mining reward halving investors are hopeful […]
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Annual report from Bitcoin SV’s The Bitcoin Association, claims BSV now rivals VISA for transactions per second, and offers BSV miners “better returns” than BTC. The Bitcoin Association, which promotes Bitcoin SV, says the BSV network now rivals credit card processor VISA in terms of transactions per second. It also claims BSV transaction processors (miners) […]
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Losses in traditional finance during the COVID-19 pandemic could underline the benefits of cryptocurrencies to the world. In 2007, Nassim Nicholas Taleb, a former Wall Street trader turned professor, described the idea of a “black swan” event. Black swans are defined as being rare, of major consequence and impossible to predict, though he tempered their […]
Continue ReadingFollowing rumors of the death of North Korea’s Kim Jong-Un, reports begin circulating that the country’s Bitcoin reserves will see mass sell-off. Following rumors that North Korea’s supreme leader Kim Jong-Un is either in declining health or dead, reports started circulating that the country’s Bitcoin (BTC) reserves will be sold. According to a March 2019 […]
Continue ReadingTop crypto exchange Binance has launched its mining pool, however, the crypto community is concerned about the centralization of hashing power. Leading cryptocurrency exchange Binance launched its mining pool “Binance Pool” on April 27. The pool will operate with zero fees until May 31, after which the rate will be set at 2.5%. The press […]
Continue ReadingBitfinex exchange has opened a social network for traders. Catering to the social realm of the digital sphere, crypto exchange, Bitfinex, announced its own social network, which opened today. On the exchange’s social network, called Bitfinex Pulse, customers can immerse themselves in the energetic world of trading, collaborating on concepts, and other market related activities, […]
Continue ReadingCrypto analyst Mati Greenspan noted the annual inflation rate of Bitcoin would fall from 3.65% to 1.8% once the halving happens in May. Once the Bitcoin rewards halving goes through on May 12, the annual inflation rate of the cryptocurrency will be about half of the global average. As crypto analyst Mati Greenspan noted on […]
Continue ReadingThe Blockstream CSO announced that Bitcoin miners are reporting technical issues with the Bitmain rigs resulting in 20-30% failure rates. Cryptocurrency miners relying on the Bitmain S17 and T17 Antminer have said that the rigs have failure rates between 20-30% where they would normally be roughly 5%. According to an April 26 tweet from Samson […]
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