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Bitcoin has been trading above $10,000 USD for around six weeks, demonstrating firm momentum and resilience. It has established the previous $10,500 USD peak achieved in February 2020 as a support level, maintaining an upward trend. The current market structure is more favorable than previous price cycles because
The mystery surrounding Ethereum’s total ether supply may soon be clarified, as the blockchain’s creator, Vitalik Buterin, recently agreed to help orchestrate a coordinated audit of the total ether supply. Buterin agreed to the challenge during a recent appearance on the What Bitcoin Did podcast, in which he
The narrative that China could gain control of the majority over the Bitcoin network’s hashrate has been around for a while. Although many large-scale mining centers are based in China, it is not as simple as taking over all of the miners in the country. It is extremely complicated,
News - Bitcoin - Aug 25, 2020The narrative that China could gain control of the majority over the Bitcoin network’s hashrate has been around for a while. Although many large-scale mining centers are based in China, it is not as simple as taking over all of the miners in the country. It is extremely complicated,
News - Bitcoin - Aug 25, 2020Bitcoin has been trading above $10,000 USD for around six weeks, demonstrating firm momentum and resilience. It has established the previous $10,500 USD peak achieved in February 2020 as a support level, maintaining an upward trend. The current market structure is more favorable than previous price cycles because
News - Bitcoin - Aug 25, 2020The mystery surrounding Ethereum’s total ether supply may soon be clarified, as the blockchain’s creator, Vitalik Buterin, recently agreed to help orchestrate a coordinated audit of the total ether supply. Buterin agreed to the challenge during a recent appearance on the What Bitcoin Did podcast, in which he
News - Bitcoin - Aug 25, 2020A recent decision by a California appellate court has made the cliché saying “not your keys, not your bitcoin" case law, shining a spotlight on the importance of Bitcoin investors maintaining custody over their own coins. This decision came about as a result of a lawsuit against cryptocurrency exchange
News - Bitcoin - Aug 24, 2020Following the World Health Organization’s (WHO) declaration of a pandemic in March, central banks have continued to maintain near-zero interest rates. Analysts argue the rate cuts have not been “natural,” and over the long-term, some investors say it could positively affect Bitcoin. In a column published by the Financial
News - Bitcoin - Aug 24, 2020The majority of traders on top Bitcoin futures exchanges appear to be leaning cautious on Bitcoin’s short-term price trend. Long and short contract ratios across Bitcoin futures exchanges. Source: Bybt Data released by cryptocurrency futures trading and information platform Bybt shows more than 50% of traders are shorting Bitcoin.
News - Bitcoin - Aug 24, 2020The debate that started between members of the Bitcoin and Ethereum communities has continued into its second week. After worries about the extent of ether's circulating supply were largely put to bed by efforts sponsored by Kraken's Pierre Rochard, the focus has now shifted to Ethereum
News - Altcoins - Aug 23, 2020Lightning Labs, a Bitcoin company backed by Twitter founder Jack Dorsey and Robinhood co-founder Vlad Tenev, released lnd 0.11-beta on August 20th, an upgrade to the Lightning Network Daemon (LND) that allows for the operation of bigger Lightning channels. Since 2016, Lightning Labs, which recently raised a $10 million
News - Bitcoin - Aug 22, 2020