Bitcoin

How Stocks, Oil, Gold, & Bitcoin Reacted to Trump’s Airstrike on Soleimani

The sudden escalation in US-Iranian hostilities sent a shockwave through global markets. | Source: AP Photo / Vahid Salemi Trump sent a shockwave through financial markets when he ordered an airstrike that killed Qassem Soleimani. Stocks, gold, and oil all fluctuated wildly as US-Iranian hostilities flared. Here’s how the prices of major assets responded. When...
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Binance has ‘strategic acquisition discussions’ lined up for 2020: CZ

The Internet bubble prompted the establishment of new innovations that the masses did not realize they needed at that point. Some survived while others shut down for being too innovative and radical for that time. 11 years since the inception of Bitcoin, the industry has seen the space evolve, with newer cryptos coming into existence...
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U.S. Indicts Dark Web Trafficker Who Sold Drugs For Bitcoin

A U.S. citizen, Joanna De Alba has been detained and indicted for an alleged conspiracy to possess and distribute illegal drugs including heroin and methamphetamine, through the dark web in exchange for Bitcoin.  The defendant was arrested while trying to enter the United States through the U.S-Mexico border on October 24, 2019.   Alleged Dark Web...
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Nexo CEO’s Prediction: “Bitcoin to Rally Up To $50,000 Easily”

Bloomberg, the mainstream media interviewed Antoni Trenchev, CEO of NexoFinance about Bitcoin’s journey in the last decade. Trenchev poured out his views on how Bitcoin has fared and 9000000% increase since 2010. According to Nexo CEO, Bitcoin is an “incredible asset” uncorrelated to the overall market. He further compared BTC to gold asset & claimed...
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Cryptocurrency and What You Need To Know About Owning It

The saga of cryptocurrencies began in January of 2009. This is when Bitcoin, the first-ever cryptocurrency, was introduced. The allure of cryptocurrency is that it is a creative and imaginative solution to a very real problem with fiat currencies across the world. Governments issued fiat currencies are subject to the printing press to pay astronomical...
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Volatile Bitcoin Starts 2020 Off By Plunging & Then Bouncing Over $7300

The price of BTC fell by 3.5% in the past 24 hours, tumbling below $7,000 to trade around $6,800 for the umpteenth time in a few weeks’ time before sharply bouncing back to over $7300. Altcoins followed suit. Ethereum, XRP, and effectively the rest of the digital assets fell by a similar price, crushed under...
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Bitcoin Price Surges $500 Following Iranian Quds Force’s Leader Assassination

Bitcoin’s price went on yet another quick rollercoaster throughout the past 24 hours. It dropped down to about $6,850 yesterday, only to get back up above $7,300 today. Interestingly enough, the move comes following a US airstrike, which had the leader of Iran’s Quds Force’s leader killed. Bitcoin Price Surges $500 In Hours Yesterday, the...
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Ticker Tool Uses the BCH Blockchain to Provide Reliable Rate Data

Instantly verifiable, unhackable and forever retrievable are some of the key features of information stored on a blockchain. These are also the characteristics that traders of various assets, commodities and currencies would appreciate when it comes to the price data they are using. The team behind the Blitz Ticker project have decided that’s exactly what...
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Binance launches Bitcoin, Ethereum, XRP trading pairs for Euro

One of the world’s premier cryptocurrency exchanges, Malta-based Binance, has announced initiating trading for BTC, ETH, XRP, BNB, BUSD, and USDT against the Euro, on 3 January 2020, in line with its plans to facilitate more fiat gateways for the growing crypto-community. The official announcement read, “Binance will open trading for BTC/EUR, ETH/EUR, BNB/EUR, XRP/EUR,...
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Why Double Spends on BCH Are Not the Same as Replace-By-Fee Fraud

When it comes to creating a peer-to-peer electronic cash system, accepting zero confirmation transactions becomes critically important. When a model’s main aim is to “just hodl” or push an isolated store of value narrative, important concerns like double spending can take a back seat, potentially opening a network to serious attack. A recent video demonstrating...
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Overtime more & more people will choose currency claims Pomp

Bitcoin promoter, Anthony Pompliano recently shared an excerpt from his September interview with Squawk box, CNBC. The interviewer questions him about the US dollar and how Bitcoin will be beneficial if adopted. Pomp takes the help of the CNBC medium to urge the Federal Government to tokenize the US Dollars as soon as possible. He...
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BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed

On January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere wondering whether or not the price truly follows hashpower....
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Bitcoin reported an average absolute daily move of 2.4% in 2019: Skew

Skew markets, a provider of data analytics for crypto-derivatives, recently rounded up some Bitcoin stats for the year 2019 as 2020 beckoned. According to the crypto-markets analytics platform, 2019 returns for BTC were reported to be +95%, with over 150 days of less than +/- 1% movement. Source: Skew Skew also reported that the maximum...
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Early Cypherpunk Emails Reveal a Blueprint for Bitcoin

The cypherpunks, a ragtag group of tech tinkerers, cryptographers, and privacy advocates, were obscure in their 1990s heyday. And it would have remained that way in perpetuity were it not for a certain Satoshi Nakamoto launching a digital currency in 2009 encapsulating their core beliefs. We don’t know if Satoshi was a cypherpunk. But what...
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Bitcoin’s ‘privacy is going to be a big fight,’ says Riccardo Spagni

Bitcoin’s all-time high rally drew a lot of attention from the likes of mainstream media, governments, corporates, and even wall street. The cryptocurrency is slowly becoming the most discussed topic in the fin-tech space; in turn, addressing questions regarding its adoption. During the 32nd episode of Magical Crypto Friends, Riccardo Spagni, Charlie Lee, WhalePanda, and...
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Read.cash Platform Rewards Content Creators With Bitcoin Cash Incentives

Since the platform’s launch, the Bitcoin Cash-centric blogging site read.cash has gathered a lot of traction. The website’s user base publishes interesting content and new material on a daily basis with the most popular authors gathering tips in bitcoin cash for their work. Also Read: These Are the Bitcoin Stories You Loved in 2019 Read.cash...
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Bitcoin, Ethereum registered highest transfer count, avg transfer value in 2019: CoinMetrics

The last few months of 2019 were dominated by bearish sentiments as a host of major crypto-assets dropped below their year-to-date lows. However, it will be uncalled for if 2019 is labeled a poor year for the cryptocurrency market. An influx of institutional investors and significantly improving adoption within the industry have highlighted an improvement....
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Bitcoin Price Flash Crashes to $6,900 as Non-Correlation Tests Hodlers’ Patience

Bitcoin slipped back below $7,000 on Thursday amid thinner than usual trading volumes. | Image: shutterstock.com Bitcoin price tumbles 4% to $6,900 on Thursday, the lowest since mid-December. Bitcoin is slowly bleeding while traditional assets like stocks and commodities continue to rise. Bitcoin trade volumes plummet at the start of 2020 as market participants remain...
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Mike Mayo Believes This Year Is The Golden Decade For Banks

Mike Mayo the analyst for Wells Fargo declared during the CNBC news segment given on December 30th “this is the golden decade of banks and technology.” Mayo explained that the systems of the banking sector were never integrated despite the 90’s unseen bank consolidation. He then continued explaining that in the “aughts” decade, the 2000s,...
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Bitcoin, cryptocurrencies are here to stay: TrustWallet’s Radchenko

A recently published post on the TrustWallet blog outlined founder Viktor Radchenko’s predictions for Bitcoin, cryptocurrencies, and the space as a whole for the year 2020. In the article, Radchenko asserted that DeFi has great potential and could become the next ‘killer app’ for the space. “We just need to get the user design correct,”...
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Ethereum miners’ earnings 4x BTC miners’ via fees in 2019

The Bitcoin ledger is completing a decade on the 3rd and while it is only 2 days into 2020, the ledger is already setting new records. Bitcoin’s hashrate breached its previous high and was recorded to be 119 million TH/s, according to the data monitoring site, Blockchain. Bitcoin’s hashrate has been spiking over the past...
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Bears In Control As Cryptocurrency Market Turns Lower

The broader cryptocurrency market came under pressure on the second trading day of 2020, as Bitcoin and other major cryptocurrencies slipped into negative territory for the month. The first cryptocurrency fell back towards $7,050 after being rejected from its 200-period moving average on the four-hour time frame. BTC/USD shorts on the Bitfinex trading exchange were...
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‘Relatively Quiet’ Bitcoin Year Still Sees $673 Billion in Transactions Completed

Despite the price of Bitcoin increasing more than 100 percent over the course of 2019, the year didn’t see quite the same fireworks as the previous two. Even without the heady highs of 2017 or the crushing lows of 2018, the network still processed transactions worth an impressive $673 billion.Although not a record yearly transaction...
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Was Youtube’s Christmas Crypto Purge Illegal?

This article considers the legal implications of Youtube’s notorious purge of crypto channels on Christmas Eve. What legal context induces Youtube and other social media giants to operate as they do? The article does not explore whether it is morally proper to terminate a contract without cause or explanation and to threaten people’s livelihoods; it...
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Bitcoin’s log-log chart analysis suggests strong support at $6400

Despite 2019 being left behind, many analysts are still going forward with their Bitcoin speculations. Over the last few months, Bitcoin‘s valuation has undergone several bouts of price volatility and after holding onto a consolidation period between $6800 and $7400, analysts are trying to speculate whether another major dump or significant hike would surface next....
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What happened in crypto over the last decade

It was December of 2010 when I first read the Bitcoin whitepaper, while at home visiting my parents for the holidays. As we wrap up the decade, here are my quick thoughts on how things have progressed. Note: this post is inspired by Fred Wilson’s post for tech more broadly. Tomorrow I’ll post a follow...
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Bitcoin’s 2nd Proof-of-Keys event: All eyes on exchanges’ readiness

Not your keys, not your coins Let the meaning sink in… It’s the most popular adage in the crypto-community. This mantra is echoed time and again or each time an exchange gets compromised! Just like Satoshi Nakamoto, Trace Mayer ignited the Proof-of-Keys [PoK] revolution on January 03, 2018. To the people outside looking in, the...
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Bitcoin records 11,000 active addresses with balance of at least $1 million

The most important aspect of any cryptocurrency is adoption. Many cryptocurrencies in the space have been trying hard to develop use cases around their native cryptos in order to push the adoption of the coin. Active addresses have played an active role in understanding the maximum number of potential blockchain users and according to a...
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The “Dickening” of John McAfee is Less Than 1 year Away

As the new decade trucks along, plenty of crypto-related questions arise. It appears that a fair few people wonder if and when John McAfee will honor his initial promise. Most bitcoin enthusiasts will remember the wild price prediction John McAfee shared with the world. Will John McAfee be Correct?  More specifically, he claimed how bitcoin...
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Bitcoin’s Next Move Expected To Be Aggressive As Volatility Wanes

As Bitcoin’s downtrend begins to run out of steam and selling momentum, the first-ever crypto asset has been trading within an increasingly tightening trading range, between lows or $6,400 to highs of $7,600.But as volatility disappears from the cryptocurrency market, the next move, while not necessarily near, will be an extremely aggressive one according to...
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