Tagged: btc

January 19, 2021 @ 7:17 pm By Omar Faridi  |  

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

January 18, 2021 @ 9:30 pm By Omar Faridi  |  

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

January 17, 2021 @ 9:42 pm By Omar Faridi  |  

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

January 17, 2021 @ 7:22 pm By Omar Faridi  |  

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

January 17, 2021 @ 6:48 pm By Omar Faridi  |  

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

January 16, 2021 @ 7:05 pm By Omar Faridi  |  

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

January 15, 2021 @ 6:33 pm By Omar Faridi  |  

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

January 14, 2021 @ 9:22 pm By Omar Faridi  |  

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

January 13, 2021 @ 7:57 am By Omar Faridi  |  

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

January 12, 2021 @ 9:11 pm By Omar Faridi  |  

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

January 10, 2021 @ 1:40 pm By Omar Faridi  |  

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

January 10, 2021 @ 1:29 pm By Omar Faridi  |  

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

January 10, 2021 @ 9:02 am By Omar Faridi  |  

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

January 9, 2021 @ 3:35 pm By Omar Faridi  |  

Peer to peer Bitcoin exchange Paxful has announced that it’s starting off 2021 with a 20% discount. The crypto trading platform will be reducing external digital wallet send out fees by 20% beginning on Monday, January 11, 2021. As noted by Paxful: Send Out Amount … Read More

January 7, 2021 @ 10:43 pm By Omar Faridi  |  

Shares of digital currency mining firm Marathon Patent Group (NASDAQ: MARA) surged approximately 20% on Wednesday (January 6, 2021). This led to the firm becoming the latest member of the $1 billion digital-mining group, as the Bitcoin (BTC) price surpassed the $37,000 mark to hit… Read More

January 7, 2021 @ 8:39 am By Omar Faridi  |  

Fintech companies such as Revolut and Luno are experiencing a dramatic surge in demand from customers who are rushing to invest in Bitcoin (BTC) and other digital currencies amid record-breaking and unprecedented cryptocurrency price increases. Fintech app providers that offer crypto trading, like Revolut, eToro,… Read More

January 6, 2021 @ 8:46 pm By Omar Faridi  |  

Bitcoin (BTC), the leading digital currency, continues to set all-time highs while the US dollar keeps falling (but still remains the world’s most dominant global currency). Notably, Bitcoin is now being supported by even more Wall Street giants. The OKCoin team has noted: “We’ve said… Read More

January 4, 2021 @ 9:19 pm By Omar Faridi  |  

Bitcoin could potentially quadruple this year as the digital asset is currently experiencing a massive rally that’s somewhat comparable to the historic crypto bull market of late 2017, according to Fundstrat Global Advisors’ Thomas Lee. Bitcoin’s (BTC) near 300% price increase in 2020 might be… Read More

January 3, 2021 @ 4:21 pm By Omar Faridi  |  

LocalBitcoins, one of the oldest and most widely-used Bitcoin (BTC) services, reveals that most of its customers are based in developing countries. These are places (such as Argentina and Venezuela) where Bitcoin is needed badly as a store of value because local fiat currencies have… Read More

January 2, 2021 @ 5:25 pm By Omar Faridi  |  

As the Bitcoin (BTC) price continues to set new all-time highs (now approaching nearly $30,000), Riot Blockchain’s (NASDAQ:RIOT) stock surged almost 1,500% in 2020. There were very few assets in 2020 that outperformed Bitcoin, however, the shares of Riot have been rising along with Ethereum… Read More