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2019’s Bitcoin Miners Are 5x Faster Than Predecessors

13.12.2019
High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their...

IDEG Reports Launch of New Bitcoin Trusts in Asia With Coinbase as Custodian

12.12.2019
According to a recent press release from IDEG Investment Limited, “Asia’s First Bitcoin Trusts” have been launched “as a traditional and comfortable way for ‘old money’ to invest in digital assets.” The two trusts, Asia Bitcoin Trust I and Atlas Mining...

Making a Better Custom Select Element

11.12.2019
We just covered The Current State of Styling Selects in 2019, but we didn't get nearly as far and fancy as Julie Grundy gets here. There is a decent chunk of JavaScript that powers it, so I'm still very much eyeballing browsers' recent interest in giving us more powerful selects in (presumably)...

Mining Chip Maker Ebang Next in Line to File for US IPO

6.12.2019
Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer...

Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles

5.12.2019
The MLM monitoring publication behindmlm.com revealed on Dec. 1 that the infamous Ponzi scheme Onecoin’s website onecoin.eu has gone offline. According to the domain host Eurid, the onecoin.eu domain name is currently “under legal investigation.” Onecoin’s website going...

Banks Are Cutting 75,700 Jobs Worldwide

4.12.2019
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank...

Despite the Recent Slump, Crypto Prices Improved a Great Deal in 2019

2.12.2019
As far as prices are concerned, 2019’s cryptocurrency markets fared much better than the year prior. Currently, the entire market capitalization of all digital assets is hovering just above the $200 billion mark. The following is a look at the cryptocurrency market’s biggest gainers...

How the Upcoming Bitcoin Halving Compares to Previous Cycles

2.12.2019
For those standing very close to the crypto charts, it might be easy to get discouraged by the gloomy nature of recent markets. However, new comparisons of the current halving cycle to those in the past have emerged and might put some wind back into the sails of traders, hodlers, and cryptocurrency...

BCH’s Little Steps May Not Suffice to Recover from the Recent Price Decline

30.11.2019
Bitcoin Cash went through huge volatility in the last three months making a loss of 19.39% It may find the next resistance at $227.52 Bitcoin Cash (BCH) price has been down by 19.39% over the last three months, and the value has now fallen to as low as 224 USD from 278 USD. It has … The post...

Dogecoin’s Downside Movement Remains Intact Despite Recent Price Recovery

26.11.2019
Dogecoin (DOGE) price movement was spotted taking a deep dig yesterday. The coin dropped below the 30-day low and marked a low new one. However, Dogecoin’s price trend is marked improvement. There is a tight movement observed over $0.0022. The traders are eagerly waiting for an early upsurge....

Don’t Blame China: Why BTC Still Can’t Compete With Fiat

26.11.2019
In the wake of recent price movements, doubts are beginning to crop up more and more around BTC maximalist circles. As focus shifts from Satoshi’s founding vision of the coin as cash to a mere digital gold to be saved and “cashed out” later, valid questions are indeed raised....

EOS Slowly Recovers the Recent Dip; Targets $3 Price Mark

23.11.2019
EOS coin is consolidating today after yesterday’s mild rebound The coin seems to have a support level at $2.5; traces a bullish trendline from there SMA lines have just formed a death cross; technical indicators give mixed signs Yesterday’s price recovery took place after an inverse head...

BTC back below $8000

21.11.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 21 November, 2019 “Laughter is an instant vacation.” - Milton Berle In today's newsletter, we will be covering: A recent Bloomberg panel saying that Bitcoin (BTC) is more attractive during uncertain times Singapore […] The post BTC back...

BTC back below $8000

Restrictions Worldwide Show Why It’s Vital to Be Your Own Bank

20.11.2019
As capital controls and banking restrictions continue to affect various populations worldwide, standing in the way of individuals and their hard-earned savings, some are looking to safer options and even cryptocurrencies. Lebanon, Zimbabwe, and India are just a few of the countries to deal with...

Chinese Authorities Scrutinize and Report on Crypto Exchanges

19.11.2019
According to a notice issued on weibo.com, and later confirmed as authentic by business publication Caixin, authorities in Shanghai appear to have dispatched officials for conducting reviews of area businesses engaged in cryptocurrency dealings, and are set to report back to financial regulators...

Presidential Candidate Andrew Yang Discusses His Plan for Cryptocurrencies

19.11.2019
Presidential candidate Andrew Yang has detailed his plans to regulate the digital economy if he were to become the President of the United States. Yang’s recent blog post called “Regulating technology firms in the 21st century,” explains how the candidate believes current American...

Governments Viewing Crypto as a Threat Will Be Left Behind

18.11.2019
In recent commentary at a New York blockchain conference, IRS Criminal Investigation Chief John Fort said the agency is now turning its focus to crypto ATMs and kiosks, as well as American users of foreign exchanges. While the continued push to regulate crypto is no surprise, the general narrative...

Dogecoin (DOGE) Maintains Stability Above its Recent Low-swing

16.11.2019
Dogecoin has traded above its price plunge near $0.0025 The coin has escalated by more than 7% DOGE price has corrected down from its high price point of $0.0027 Over a day, Dogecoin has faced a considerable price drop, followed by a recovery. Currently, the coin is trading within the price range...

Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax Hike

15.11.2019
Japan’s recent October sales tax increase took the rate from 8% to 10%, the previous such hike occurring in April of 2014, when the rate was raised from 5%. The increase is accompanied this time around by new government policy which rewards cashless payments by allowing merchants to provide...