At the Economics of Payments IX conference in November 2018, European Central Bank (ECB) executive board member Benoît Cœuré described Bitcoin as "the evil spawn of the financial crisis."
Cœuré's remarks, in unison with Bank of International Settlements (BIS) general manager Agustín Carstens' statement that
Lightning Network-based Bitcoin derivatives exchange LNMarkets this week reported a rapid uptick in trading volume on its platform, as 40 percent of its aggregate trading volume was recorded in the past month.
LNMarkets launched on the Bitcoin mainnet in March, facilitating trades exclusively via Lightning. Although still in its alpha
Wall Street is becoming increasingly bullish on Bitcoin. This much was made clear just recently when an analyst at Citibank, Tom Fitzpatrick, signaled his belief that Bitcoin will hit $300,000 in this market cycle.
Alex Krüger, an economist closely tracking the cryptocurrency market, leaked the analyst's note
Wall Street is becoming increasingly bullish on Bitcoin. This much was made clear just recently when an analyst at Citibank, Tom Fitzpatrick, signaled his belief that Bitcoin will hit $300,000 in this market cycle.
Alex Krüger, an economist closely tracking the cryptocurrency market, leaked the analyst's note
At the Economics of Payments IX conference in November 2018, European Central Bank (ECB) executive board member Benoît Cœuré described Bitcoin as "the evil spawn of the financial crisis."
Cœuré's remarks, in unison with Bank of International Settlements (BIS) general manager Agustín Carstens' statement that
Lightning Network-based Bitcoin derivatives exchange LNMarkets this week reported a rapid uptick in trading volume on its platform, as 40 percent of its aggregate trading volume was recorded in the past month.
LNMarkets launched on the Bitcoin mainnet in March, facilitating trades exclusively via Lightning. Although still in its alpha
In a report titled "Konzept #19 - What We Must Do to Rebuild" that was published this week, Deutsche Bank listed economic evaluations and proposals to aid global economies hit by the COVID-19 pandemic. Containing sections related to environmentalism, small business protection, and the radical "work from
Ethereum underwent an "unannounced hard fork" today that disallowed firms in the cryptocurrency space from properly servicing their users.
Many exchanges and service providers rely on Infura or other API services that did not correctly upgrade their nodes to align with the majority of users.
News of this
Bitcoin's hash rate faced a strong correction in October. From all-time highs near 160 exahashes per second, the metric dropped by approximately 45% to lows around 90 exahashes per second.
As the BTC Times reported previously, analysts believed the drop to be the result of Bitcoin miners in
On Monday, Wall Street investor Stan Druckenmiller announced that he is long on Bitcoin.
Druckenmiller is the president of Duquesne Capital, which closed in 2010 with $12 billion under management. He also was one of the few investors to have made a large amount on his investments in 2008. His
In the third quarter of 2020, U.S. payments firm Square sold substantially more bitcoin than was mined.
According to Square’s Q3 2020 shareholder letter filed with the U.S. Securities and Exchange Commission (SEC), the firm recorded $1.63 billion of Bitcoin revenue over the last three months.
