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European Blockchain Ecosystem Needs €350 Million for the Next 18 Months


A study report by Leadblock Partners, an appointed representative of Sapia Partners LLP, finds an accelerating growth of the European blockchain ecosystem. The findings of the Leadblock Partners study suggest European respondents have a funding need for €350 million for the next 18 months....

When a Line Doesn’t Break


We expect a line to break when the text on that line reaches the parent box boundaries. We see this every time we create a paragraph, just like this one. When the parent box doesn’t have enough room for the next word in a line, it breaks it and moves down to the next line and repeats that...

Retail May Consume 50% of Bitcoin Supply After Next Halving – Report


Despite all the talk of financial institutions entering bitcoin (BTC), retail demand may in fact end up consuming more than half of all physical supply of bitcoin after the next halving, a new report by crypto derivatives exchange Zubr said. According to the report, which analyzed data from...

Record Breaking Unmoved Bitcoin Data Sparks Expectation of Imminent Bull Run


The amount of bitcoin that has not moved in over a year is at an all-time high. The last peak was in 2016, before the bitcoin bull run that saw the price spike to $20K. Several forecasting models have predicted that the price of bitcoin will reach $20K this year and the next bull run […] The...

US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain


U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29. The miners will...

Binance Prepares ‘For the Next Wave’ With ‘Largest Upgrade’


Source: Instagram, Binance Major crypto exchange Binance has resumed trading after completing its “largest upgrade to date,” which according to the exchange’s CEO, Changpeng Zhao, included switching the trade matching engine to a new programming language, essentially re-writing all code in...

Ethereum 2.0 First Public Multi-Client Testnet To Go Live Next Week


Source: Adobe/knssr (edited by Cryptonews) Ethereum community continues to prepare for the long-awaited Ethereum 2.0 upgrade as its developers have made two major achievements towards the launch of the so-called Phase 0, reported Etereum 2.0 coordinator and developer Danny Ryan. Firstly, Ethereum...

Bitcoin and Altcoins Likely Basing for Next Move Higher


This past week, bitcoin steadily declined after it was rejected near the USD 9,550 resistance. BTC broke the USD 9,400 and USD 9,300 levels. At the outset, the price seems to be forming a decent support base above USD 9,250 and it could make another attempt to clear the USD 9,550 resistance. Most...

Jay Clayton Leaves SEC: Crypto Industry Hopeful for Bitcoin ETF Approval


Chairman Jay Clayton is geared to leave the U.S. Securities and Exchange Commission (SEC) after President Donald Trump nominates him to serve as the next U.S. attorney for the Southern District of New York. With his departure, the cryptocurrency industry is hopeful that the SEC will finally approve...

Watch Q3 and Millennials Before Next Major Bitcoin Move – BitMEX CEO


As bitcoin (BTC) is continuing to struggle with breaking through the USD 10,000 level, a large move “in either direction” is more likely in the second half of the year, according to Arthur Hayes, CEO of crypto derivatives exchange BitMEX. Which way it'll go depends also on millennials' decision...

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