Tagged: bitcoin

Ethereum Rising: Number 2 Crypto Reaches New Highs, Insiders Predict ETH’s Future

As Bitcoin has rocketed to new all-time highs, it has sucked much of the oxygen out of the crypto news space. But Bitcoin’s rise has been joined by some other cryptocurrencies running higher – most importantly, the number 2 crypto Ethereum. In the last week… Read More

Binance Shares More Ways to Earn Returns on Digital Assets like Bitcoin, Ethereum, Binance Coin, Tether (USDT)

Leading crypto exchange Binance has shared many ways people can potentially make money with digital currencies. It’s possible to earn Bitcoin (BTC) and other virtual currencies with Binance Earn. Binance says that traders and investors should “stop holding idle assets” and recommends putting their “crypto… Read More

Bitcoin Exchange Operator in Australia Seeks $250K in Compensation for Systemic Discrimination Allegedly Carried out by Banks ANZ, Westpac

A digital currency trader is reportedly seeking $250,000 in compensation from Westpac and ANZ. The crypto investor claims that there’s systematic discrimination being carried out by some of Australia’s largest banks, which has allegedly cost him his once highly-profitable business. Allan Flynn has initiated proceedings… Read More

ECB President Christine Lagarde Wants Global Regulation of Bitcoin Due to Money Laundering Concerns, FATF Plans Update on Implementation of VASP Rules

Last week, Christine Lagarde, the President of the European Central Bank (ECB) commented on the need to regulate Bitcoin on a global level last week during a virtual event hosted by Reuters. Speaking at the Reuters Next conference, Lagarde pointed to the “funny business” affiliated… Read More

PrimeXBT Announces Partnership With Coinify

  Cryptocurrency trading platform PrimeXBT announced on Tuesday it has formed a new partnership with Coinify, a trading infrastructure platform that allows users to purchase Bitcoin and other cryptos. According to PrimeXBT, the collaboration will allow PrimeXBT clients to purchase Bitcoin through the fiat on-ramp,… Read More

There were Over 1 Million Active Bitcoin Addresses in December 2020, Number of BTC Payments Increased Signficantly: Report

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, notes that every month, they look at on-chain (blockchain) data to examine “interesting trends or movements” on the Bitcoin (BTC) network. The daily number of BTC transactions in December 2020… Read More

Bitcoin Improvement Proposals Schnorr / Taproot and Other Codebase Modifications to Increase Fungibility, Privacy of BTC Transfers

The team at crypto exchange OKCoin recently took a closer look at the three major Bitcoin Improvement Proposals (BIPs) that make up the Bitcoin Core update, Schnorr/Taproot. As noted by OKCoin, the version 0.21.0 of Bitcoin Core is scheduled to be released early next month… Read More

Bitcoin Mining Firm HASHR8 Says US and other First World Nations Might Make Crypto Mining “A Strategy to Maintain Power”

John Lee Quigley, who’s focused on building Bitcoin media and research products at HASHR8 Inc, a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains,… Read More

Bitcoin Mining Is to Blame, at least Partially, for Massive Blackouts in Iran, the Nation’s Government Claims

There have reportedly been massive blackouts and smog that have hit several cities in Iran. It’s being described as quite a toxic mix as the nation, which is facing serious economic challenges and crippling US-led sanctions, is now also having to deal with the region’s… Read More

Amadeo Pellicce from Blockchain.com Explains how Stacks 2.0 Is Integrated with Bitcoin (BTC) Network’s Security, Capital

Amadeo Pellicce, Product Manager at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, notes that since the early days at Blockchain.com, they’ve always believed in the “revolutionary power” of Bitcoin (BTC), the flagship cryptocurrency. Pellicce pointed out that Bitcoin can potentially… Read More

Mayor of Miami Says City is Considering Investing in Bitcoin (BTC) while Making its Business Environment More Appealing to Tech Firms

The Mayor of Miami says he wants to make his city more attractive or appealing to the technology sector by embracing Bitcoin (BTC), the flagship cryptocurrency, and even investing a certain amount of government funds in the digital asset. Mayor Francis Suarez noted that if… Read More

Bitcoin, Ethereum, Altcoin Price Correction May have Been Due to “Extremely Overleveraged” Nature of Crypto Futures Traders: Report

Earlier this week, the Bitcoin (BTC) price fell sharply by around 30% (to about $31,000) as Wall Street bulls called for a technical correction, OKCoin reports. However, the Bitcoin (BTC) price has already recovered significantly. The digital asset is trading at nearly $38,000 at the… Read More

$130 Billion in Bitcoin (BTC) Is Now Permanently Inaccessible due to Lost Private Keys Associated with Crypto Wallets

Nathaniel Popper from the New York Times reports that of the (approximately) 18.5 million Bitcoin (BTC) in circulation, about 20% — valued at around $130 billion at the time of writing — seems to have been lost or isn’t accessible from the crypto wallets where… Read More

Bitcoin, Ethereum and Other Digital Assets May Experience Price Correction due to Spike in US Dollar, Stablecoin Borrowing Rates: Report

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, notes that 2020 was “arguably crypto’s best year yet.” Blockchain.com writes in a blog post that Bitcoin (BTC) investors have had an “extraordinary” holiday season, and the new year is… Read More

Binance has Been Offering Passive Income Generating Opportunities with Bitcoin, Ethereum, Other Cryptocurrencies

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Binance, the world’s largest digital assets exchange, notes that when it comes to cryptocurrencies, most consumers think of bear and bull markets, “insane” or crazy stories about people who became extremely wealthy overnight or lost it all in a major scam or by getting involved… Read More

OKEx says Trading Volume Tops $23 Billion in 24 Hour Period

Digital asset marketplace OKEx says that trading in crypto is rocketing while Bitcoin jumps to new highs and Ethereum rises. In a note from a representative, OKEx points to the total crypto market cap topping $1 trillion only to correct, erasing $140 billion or 24%… Read More

Grayscale Announces Private Placement Opportunities for Investors, Removes XRP from Digital Large Cap Fund

Grayscale, a digital asset firm that has created a squadron of publicly-traded crypto funds, has announced that private placements for certain funds are now available for accredited investors. An accredited investor is an individual that earns over $200,000 per year ($300,000 if married) or has… Read More

DeFi Tokens like SNX, Uniswap’s UNI, Aave, Yearn.Finance’s YFI are Now Also Rallying with Bitcoin and Ethereum: Report

As Bitcoin (BTC) kept rallying, so have Ethereum (ETH) and some major decentralized finance (DeFi) tokens, followed by a lot of congestion on the Ethereum blockchain network, the OKCoin team confirmed. The crypto exchange noted in its crypto market report that if you’ve been keeping… Read More

Two New York City Bars Might Make History by Selling for Bitcoin (BTC) or Ethereum (ETH) as Crypto Prices Surge

Two New York City bars could potentially make history by selling for Bitcoin (BTC), the flagship cryptocurrency that’s currently trading at almost $41,000, up from only $3,800 back in March 2020 (which was when the digital asset crashed briefly along with the broader financial markets… Read More

Bitcoin Analyst Thomas Lee from Fundstrat Predicts that BTC Price Could Correct 50% from Current Levels Before Rising 300% in 2021

With Bitcoin (BTC), the leading digital currency, trading at just below the $29,000 mark to end 2020, analysts at Fundstrat Global Advisors have again revised their BTC price targets to around $40,000 on the thesis or belief that 2021 might be another record or historic… Read More

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