Bitcoin

Bitcoin Permabull Michael Novogratz Questions Latest Altcoin Rally

According to recent buzz on Twitter, one of the biggest names in the crypto-industry, Michael Novogratz, is speaking up and questioning the biggest price shift made by altcoins yet this year, raising a red flag for crypto-enthusiasts everywhere. Michael Novogratz is the CEO of U.S.-based Galaxy Digital Holdings Ltd, a limited partner of Galaxy Digital...
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Bitcoin SV’s Craig Wright Bites Back: “I Gave Kleiman Lawyers Nothing”

Bitcoin SV creator Craig Wright speaks to CCN about a document cache he submitted to courts on Tuesday. | Image: YouTube Bitcoin SV creator says Kleiman estate will find nothing in the 16,000-plus document cache he submitted to courts on Jan. 14. Court filing confirms that no new information came to light regarding a bonded...
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Huobi Sees $79 Million Positive Daily Inflows Amid Turbulent Bitcoin Price Movements

During yesterday’s turbulent price movements, most cryptocurrency exchanges recorded notable 24-hour Bitcoin on-chain flows. The Chinese-based Huobi stands above all in terms of inflow with $157M and only $78M out. Huobi’s Impressive 24H Inflows The popular monitoring resource, TokenAnalyst, examined the 24-hour Bitcoin on-chain inflows and outflows of eight of the most popular cryptocurrency exchanges....
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Bitcoin SV flippening of BCH: What’s behind the BSV pump?

The year began with people hoping for a bullish Bitcoin market; there were some who thought that Bitcoin would be the one leading the bull run this year, considering that halving was just a few months away. There were others who believed that some of the popular altcoins such as BNB would be the ones...
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Bitcoin Flippening: BCH Overtaken By ‘Satoshi’s Vision’ BSV

Bitcoin SV is surging through the crypto market cap rankings. Here’s why. | Image: shutterstock.com Bitcoin battle becomes three-way shootout as BSV replaces BCH as fourth-largest capped cryptocurrency. BSV has been on a tear all week – seven-day gains stand at 286%. But is there any substance behind BSV’s market growth? A Bitcoin flippening was...
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Bitcoin and Altcoins Pumping Together; Is This 2017 All Over Again?

The cryptocurrency market is pumping again, possibly signaling the start of a new bull cycle. | Image: shutterstock.com Tuesday’s across the board pump got many retail crypto investors excited. The strong rally coupled with volatility reminded several analysts of the 2017 crypto bull market. While the pump can make you feel excited, it’s important to...
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Bitwise Withdraws Its Bitcoin ETF Proposal Pursuant To Regulations

It appears that the cryptocurrency community won’t be seeing an SEC Bitcoin ETF yet again, as Bitwise has withdrawn its application which was filed in January 2019. According to the official note, the move is largely due to the public interest and pursuant to existing regulations. Bitwise Withdraws Bitcoin ETF Application A lot of people...
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Bitcoin’s volatility now aligning with nearly all crypto-assets

Geopolitical tensions have been on the rise across the world. However, many are surprised by the swing in Bitcoin’s price such tensions have caused. Alas, this is not the first time Bitcoin‘s price has reacted to global events. The same happened during the U.S- China trade war, a time when Bitcoin’s inverse correlation with Yuan...
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Binance DEX and co. accounted for only 0.01% of 2019’s trading volume

TokenInsight’s latest 2019 Cryptocurrency spot exchange industry annual report evaluated the overall trading performance of centralized and decentralized exchanges across the world. According to the report, the market activity of centralized exchanges was fairly inactive during the first quarter of 2019. However, this was followed by a sharp incline during the second and third quarter...
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Whale Alert: $1 Billion (0.7% Of Total Bitcoins) Just Transferred For $80 Fees

Bitcoin set the stage for an impressive price increase throughout the whole market with a positive run to over $8,800 at one point. Amid all this, the popular transaction monitoring resource, Whale Alert, detected a $1 billion transaction carried out with BTC. $1 Billion Transferred For $80 The last 24 hours have been nothing short...
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Bitcoin trading pairs accounted for 48.29% of 2019’s total trading volume

2019 was a year of two halves, with both periods recording contrasting narratives with respect to the growth of the digital assets market. The first half of 2019 was off to a slow start, but picked up pace in April-June. On the other hand, the second half of 2019 began with the cryptocurrency market at...
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Bitcoin Sparks Altcoin Redemption Rally as BCH, BSV, LTC Surge

Bitcoin’s sustained price increase has sparked an even bigger rally for altcoins, launching the crypto market to fresh two-month highs. | Image: shutterstock.com Bitcoin hits $8,745.24 on Bitstamp, the highest since early November. Altcoins show strong upside, with Bitcoin SV, bitcoin cash, Litecoin and EOS registering double-digit percentage gains. As a collective, crypto markets are...
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Bitcoin’s credibility, resistance to change strengthens its position against altcoins

Whenever people think crypto, Bitcoin’s mention automatically pops up. There is no question about the fact that Bitcoin has led the way for the development of the digital assets industry. However, Bitcoin has its own set of shortcomings, drawbacks that are often addressed by other major crypto-assets or altcoins. Despite a technical superiority reciprocated by...
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Where Bitcoin Goes Next After This Week’s Stunning Rally

Bitcoin jumped above $8,500 this week. Where does it go next? | Source: Primakov/Shutterstock.com Many crypto analysts believe that bitcoin has already bottomed out. Bitcoin’s bullish price action is giving some traders the ammunition to predict a run-up to $14,000. Other analysts warn that investors should taper their expectations. Bitcoin is starting the year with...
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Tether’s Growing Market Cap Is Ultra Bullish for Bitcoin

Tether and bitcoin have always had an interesting relationship. Tether’s growing market cap could be a precursor to bitcoin‘s next rally. | Image: shutterstock.com It’s common knowledge in the cryptocurrency world that bitcoin dictates the trend. New information suggests that bitcoin might be following the lead of a stablecoin. The correlation between BTC and USDT...
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Cryptocurrency Regulations in the UK

The United Kingdom or the UK is one of the largest economies of the world. However, the financial control of the country over the world’s economy has decreased substantially. Still, the World knows this country for its cultural relevance, especially for new trend adoption. As per a survey conducted by a London-based law firm, 20%...
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Adam Back: $10 Million Bitcoin Prediction Is ‘Closer Than It Sounds’

Hal Finney’s $10 million price point for bitcoin isn’t as far-fetched as it sounds, Adam Back says. | Image: shutterstock.com Bitcoin’s $10 million dollar price prediction hits Twitter. Is bitcoin a reserve currency? Some analysts believe U.S. dollar inflation will push bitcoin higher. According to Blockstream founder and cypherpunk, Adam Back, Hal Finney’s $10 million...
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Crypto Investor Declares Alt Season as Litecoin, Ethereum and EOS Come Alive

Popular crypto personality Ran NeuNer declares the beginning of ‘alt season.’ | Image: shutterstock.com A popular host and crypto investor has made a bullish statement on altcoins. Ran NeuNer’s tweet was met with heavy criticism. Nevertheless, it is difficult to deny that large market cap coins are showing signs of strength. It’s not a secret...
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Bitcoin’s shifting narrative: Could the 3rd Bitcoin halving favor bears?

With over 100+ days left for Bitcoin’s halving, it is time to take a look at how Bitcoin might react to its 3rd halving [halvening]. Unlike previous times, the narrative around Bitcoin has changed. The arguments on halving keep getting more pronounced as the date nears. Some argue that Bitcoin is priced in for the...
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Analyst: Bitcoin Will Skyrocket to $100,000 in 24 Months and “There’s Nothing You Can Do About It”

A popular bitcoin trader believes the number one cryptocurrency is poised to take off in the next few years, whether you like it or not. | Image: shutterstock.com A position trader is making noise on social media after tweeting an ultra bullish prediction on bitcoin. The cryptocurrency’s performance in the last two halvings may have...
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This Epic Bitcoin Casascius Collection is a Hefty $700,000 Collectible

It’s a nifty collection of 87 bitcoins. Would you risk it? | Source: Reddit/Eodguy149 This impressive Casascius collection boasts roughly 87 bitcoin. At today’s price of around $8,100 that translates into an investment of just over $700,000. Novel as they are, collectibles still pose a major security risk. A bitcoin collectibles collection worth a little...
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Monero’s Spagni: ‘Cryptocurrency universe is not ready for primetime’

Monero, the largest fungible cryptocurrency, has been well-known in the market for taking a different route than most P-o-W coins. Riccardo Spagni, also known by the moniker Fluffypony, stepping down from the lead maintainer position had many community members debating. The official announcement stated that Riccardo Spagni’s position has now been transferred to Snipa, adding...
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China To Publish A Textbook Guide On Blockchain And Cryptocurrencies

China has reportedly published a second printing of its textbook guide on blockchain and cryptocurrencies. It educates readers about their future usage and potential impact on the world. While teaching about the former is more easily accepted, the latter might come as a surprise since crypto trading has been banned for years in the country....
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Bitcoin’s Lightning Network Sees Considerable Growth, According To BitMEX Research

BitMEX Research, the analysis arm of the popular Bitcoin margin trading exchange, recently published a report on the Lightning Network (LN). The scaling solution for the world’s largest cryptocurrency demonstrates considerable growth across several aspects. Bitcoin’s Lightning Network Grows The Lightning Network, which is Bitcoin’s off-chain scaling solution, continues to grow. According to a recent...
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CME’s Bitcoin Options Launch Today, Here’s What To Expect

The Chicago Mercantile Exchange (CME) will launch options on Bitcoin futures starting today. This comes as a result of the increased interest in cryptocurrencies. Moreover, analysts from JP Morgan think that there’s a high-anticipation among institutional investors for CME’s newest product. Anticipating CME’s Bitcoin Futures Options CME recently announced the launch of its newest product...
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Grayscale Bitcoin Trust drops 0.26%; registers $2,062 million AUM

The leading crypto-asset management firm, Grayscale Investments registered a total of $2.2 billion in Assets Under Management [AUM] on 10th January 2019. Its official tweet read, “01/10/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products. Total AUM: $2.2 billion” According to the investment firm’s latest update,...
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ASIC mining contributes to Bitcoin’s robust system of immutability and security

With the advent of Bitcoin came industries that were never foreseen, and one of the prominent ones is the mining industry. Undermining Satoshi Nakamoto’s rule of ‘one CPU, one vote,’ the mining of the largest cryptocurrency has been completely overtaken by ASIC miners. Since its inception, there has been a divided sentiment surrounding whether ASIC...
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Bitcoin could breach descending channel to $9800 by next month

January 7 was a momentous day for Bitcoin, having finally crossed the $8000 level for the first time since late-November. With such a great start to 2020, Bitcoin could have more surprising upward price movements in store. BTC was valued at around $8100 at the time of writing, and indicators show the price could move...
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Bitcoin 51% attack is harder due to the advantage ‘of dedicated ASIC equipment’

Andreas Antonopoulos, the author of Mastering Bitcoin and Mastering Ethereum, recently spoke about the scenario that could unfold in the case of a 51 percent attack, in a Q&A session on YouTube. The well-known influencer also spoke about the reason why Bitcoin was immune to such an attack. After summarising all the things an attacker cannot...
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Bitcoin And Everything It Has Done For The World So Far

Bitcoin had a quiet start 11 years ago but since then has implemented serious innovations within the financial world and has managed to leave a definitive mark. While some people debate over the incredible investment returns it has delivered over the past decade, the largest cryptocurrency also managed to disrupt the whole financial sector. Let’s...
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