Tagged: bitcoin

December 1, 2020 @ 10:34 am By Samantha Hurst  |  

  Cryptocurrency payments platform BitPay announced on Tuesday two new executive hires, Jagruti Solanki, CPA, MBA, CGMA as Chief Financial Officer, and Shaun Worley as Product Vice President.  BitPay reported that prior to joining its team, Solanki served as an Assurance Partner with Aprio, LLP, specializing in technology… Read More

November 30, 2020 @ 10:26 am By Omar Faridi  |  

The team 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, has published a report titled, The State of Bitcoin Mining… Read More

November 30, 2020 @ 6:56 am By Omar Faridi  |  

Bitcoin (BTC) mining difficulty, which aims to measure the amount of resources needed to compete for mining newly minted BTC, had increased by around 9% in the past 24 hours (at the time of writing). According to data from Glassnode, an on-chain market analysis provider,… Read More

November 29, 2020 @ 5:36 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, notes in its latest crypto market overview report that it hasn’t seen prices this high since December 2017 (which was during the historic bull market that led to Bitcoin surging to nearly $20,000 and Ethereum reaching a price… Read More

November 29, 2020 @ 3:11 pm By Omar Faridi  |  

Amadeo Pellicce, Product Manager at Blockchain.com, a leading crypto wallet provider and blockchain explorer service, notes that last year, they had teamed up with digital asset firm CoinShares to introduce DGLD, a crypto-asset representing allocated physical gold that’s kept securely in a Swiss vault. Pellicce… Read More

November 28, 2020 @ 2:45 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, is considered a legitimate store of value (SoV) by many investors, as it allows them to hedge against “expansionist monetary policies,” according to a blog post by Ledger Vault, a digital asset security solution for financial institutions, powered by Ledger… Read More

November 28, 2020 @ 1:33 pm By Omar Faridi  |  

The TokenInsight team notes that once again (unsurprisingly), we all received a “big gift” from the digital asset market for Thanksgiving with Bitcoin (BTC) crashing – which came right after it surged past the $19,000 mark for the first time in around three years. The… Read More

November 27, 2020 @ 1:26 pm By Omar Faridi  |  

BTCPay Server, a self-hosted, open-source digital currency payment processor that claims to be secure, private, “censorship-resistant” and free to use, recently expanded its ability to bring Bitcoin’s (BTC) values to global digital commerce with a Shopify integration The BTCPay Server team, which is one of… Read More

November 27, 2020 @ 8:10 am By JD Alois  |  

A report claims that the US Director of National Intelligence (DNI) John Ratcliffe has contacted SEC Chairman Jay Clayton regarding China’s influence in the crypto market including mining. According to the Washington Examiner, the DNI is worried that China has too much control when it… Read More

November 26, 2020 @ 2:19 pm By JD Alois  |  

As all crypto followers know, Bitcoin recently edged closed to its all-time high, topping out at around $19K and change. Then, almost magically, it tanked – now trading around $16,500. While some people view Bitcoin as a store of value, somewhat similar to gold and… Read More

November 26, 2020 @ 12:19 pm By Omar Faridi  |  

US-based crypto exchange Kraken has reportedly agreed to donate $150,000 to Brink, which is a research and development (R&D) center that’s focused on educating the “next generation” of Bitcoin developers. Established by Chaincode Labs developer John Newbery and Bitcoin Optech contributor Mike Schmidt, Brink aims… Read More

November 26, 2020 @ 9:45 am By Omar Faridi  |  

Ahead of the upcoming Ethereum 2.0 upgrade, ETH has been experiencing “significant momentum,” according to a report from OKCoin. The digital asset exchange notes that during the past week, the Ethereum price surged 30% to a high of over $600, but it has corrected sharply… Read More

November 25, 2020 @ 6:12 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, is approaching its all-time of nearly $20,000 which it set back in December 2017 during the historic crypto market bull run. Bitcoin peaked at $18,950 this past week, and has begun to move higher toward its new year-to-date highs at… Read More

November 25, 2020 @ 11:02 am By JD Alois  |  

Digital bank Revolut has announced that it will hand over one Bitcoin, worth around £14,333 right now, as part of a “Black Friday Crypto competition.” The promotion is only available for UK customers. Revolut users just need to set up a Crypto Recurring Buy worth at… Read More

November 23, 2020 @ 7:44 am By Omar Faridi  |  

Paypal (NASDAQ: PYPL) has reportedly acquired as much as 70% of all the newly mined Bitcoin (BTC) since the payments company began allowing users to purchase digital currencies. These estimates have been provided by Pantera Capital, a prominent hedge fund management firm. The company published… Read More

November 22, 2020 @ 2:55 pm By Omar Faridi  |  

The Antminer S19 Pro price has surged around 30% since October 2020 after the Bitcoin (BTC) price began to rise. As confirmed by the HASHR8 team, the Bitcoin price increases have “widened profit margins for miners but capital expenditure costs are also rising.” John Lee… Read More

November 22, 2020 @ 11:50 am By Omar Faridi  |  

Bitcoin (BTC), the world’s leading digital currency that’s trading at over $18,000, has become less volatile than many S&P 500 stocks. The team at VanEck, a New York-based investment management firm, has noted: “Historically, Bitcoin has been discussed in the news and among investors as… Read More

November 20, 2020 @ 1:37 pm By Omar Faridi  |  

The Bitcoin (BTC) price has been hovering around $18,000 for the past few days. According to blockchain analysis firm Chainalysis, this means that we’re in the midst of a significant price surge that has not been seen since the bull run of late 2017 and… Read More

November 18, 2020 @ 1:09 pm By JD Alois  |  

Grayscale Investments, a digital asset management firm that offers retail investors the ability to invest in crypto via listed funds, says it has topped $10 billion in assets under management (AUM). In fact, the investment firm says that last week it experienced an inflow of… Read More

November 17, 2020 @ 9:22 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, notes that between October 15 and November 15, 2020, the total market cap for crypto-assets surged from $359 billion to as high as $468 billion toward the end of the latest week – which represents a 34-month high…. Read More