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OKEx Freezes Withdrawals, OKCoin Founder Detained
OKEx Freezes Withdrawals, OKCoin Founder Detained
News  •  Bitcoin  •  Oct 15, 2020 by Nick Chong

Announced Friday morning, OKEx has frozen all withdrawals, from bitcoin to altcoin withdrawals. OKEx is a leading digital asset exchange that has processed over $3.35 billion in volume in the past 24 hours, data suggests.  The company says that one of its "private key holders" is currently

Max Keiser: Bitcoin’s Hash Rate Will Continue to Soar As Faith in Fiat Dwindles
Max Keiser: Bitcoin’s Hash Rate Will Continue to Soar As Faith in Fiat Dwindles
News  •  Bitcoin  •  Oct 14, 2020 by Will Heasman

Bitcoin’s hash rate, a measure of network power, hit its zenith this week, which, according to Max Keiser, could signify the beginning of the end for fiat.  Bitcoin's hash rate has annexed approximately 60% to its total hash rate since the halving in May, climbing from a

Bitcoin Will Hit $1 Million in the Next Five Years, Says Hedge Fund Veteran Raoul Pal
Bitcoin Will Hit $1 Million in the Next Five Years, Says Hedge Fund Veteran Raoul Pal

Macro investor Raoul Pal is adamant that Bitcoin will undergo exponential growth this cycle.  In an interview with investment publication Stansberry Research last week, the former head of Goldman Sachs' hedge fund sales division said that Bitcoin is likely to reach a price of $1 million in the coming

News  •  Bitcoin  •  Oct 15, 2020
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Bitcoin Will Hit $1 Million in the Next Five Years, Says Hedge Fund Veteran Raoul Pal
Bitcoin Will Hit $1 Million in the Next Five Years, Says Hedge Fund Veteran Raoul Pal

Macro investor Raoul Pal is adamant that Bitcoin will undergo exponential growth this cycle.  In an interview with investment publication Stansberry Research last week, the former head of Goldman Sachs' hedge fund sales division said that Bitcoin is likely to reach a price of $1 million in the coming

News  •  Bitcoin  •  Oct 15, 2020
OKEx Freezes Withdrawals, OKCoin Founder Detained
OKEx Freezes Withdrawals, OKCoin Founder Detained

Announced Friday morning, OKEx has frozen all withdrawals, from bitcoin to altcoin withdrawals. OKEx is a leading digital asset exchange that has processed over $3.35 billion in volume in the past 24 hours, data suggests.  The company says that one of its "private key holders" is currently

News  •  Bitcoin  •  Oct 15, 2020
Max Keiser: Bitcoin’s Hash Rate Will Continue to Soar As Faith in Fiat Dwindles
Max Keiser: Bitcoin’s Hash Rate Will Continue to Soar As Faith in Fiat Dwindles

Bitcoin’s hash rate, a measure of network power, hit its zenith this week, which, according to Max Keiser, could signify the beginning of the end for fiat.  Bitcoin's hash rate has annexed approximately 60% to its total hash rate since the halving in May, climbing from a

News  •  Bitcoin  •  Oct 14, 2020
Coinbase to Sponsor Open Source Bitcoin Development
Coinbase to Sponsor Open Source Bitcoin Development

Coinbase is finally looking to sponsor two Bitcoin developers through their Crypto Community Fund for the first time, the company announced Thursday.  "Unlike most cryptocurrency projects, Bitcoin launched without a fundraise, while bootstrapping an entire industry. The open source community has provided critical support for Bitcoin development, with some

News  •  Bitcoin  •  Oct 14, 2020
Public Companies Hold Bitcoin's 2016 Market Cap Worth of BTC
Public Companies Hold Bitcoin's 2016 Market Cap Worth of BTC

According to Hans Hauge, Head of Quantitative Strategy at Ikigai Asset Management, publicly traded companies now hold bitcoin worth as much as Bitcoin's entire market capitalization in April 2016.  In a tweet, Hauge said that "in April of 2016 #Bitcoin's market cap was $6.8

News  •  Bitcoin  •  Oct 14, 2020
Mt. Gox Rehabilitation Deadline Pushed, Delaying 150,000 Bitcoin Distribution
Mt. Gox Rehabilitation Deadline Pushed, Delaying 150,000 Bitcoin Distribution

In an announcement posted to the Mt. Gox domain on October 15th, trustee Nobuaki Kobayashi announced that the rehabilitation of the exchange has once again been delayed. He claimed that within the proposed rehabilitation plan, there are "matters that require closer examination," making it "necessary to extend

News  •  Bitcoin  •  Oct 14, 2020
Fidelity Report Finds Small Bitcoin Allocation Boosts Traditional Portfolios
Fidelity Report Finds Small Bitcoin Allocation Boosts Traditional Portfolios

According to a report published by Fidelity Digital Assets, investment portfolios with a low single-digit percentage allocation to Bitcoin would have seen notably increased annual returns in the past five years. The report analyzed how Bitcoin could have benefited a 60/40 portfolio consisting of stocks and bonds, with bonds

News  •  Bitcoin  •  Oct 14, 2020
Schnorr and Taproot Upgrade Proposal Merged Into Bitcoin Core
Schnorr and Taproot Upgrade Proposal Merged Into Bitcoin Core

The implementation of the Schnorr/Taproot consensus rules has been merged into Bitcoin Core. However, the upgrade's activation method has yet to be determined. The pull request was originally created by Bitcoin Core contributor Pieter Wuille on September 13th and has gone through extensive review and testing over

News  •  Bitcoin  •  Oct 14, 2020
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