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Bitcoin, Ethereum, and Altcoins Showing Signs of Fresh Increase
11.2.2021
Bitcoin price remained well bid above the USD 45,000 level and it started a decent increase. BTC cleared the USD 47,000 resistance and it is currently (13:30 UTC) showing positive signs.
Similarly, most major altcoins are trading in a bullish zone. XRP/USD is slowly moving higher and it may even...
Report: Declining BTC Stablecoin Supply Ratio Suggests Exchanges Are ‘Highly Liquid & Ready to Buy’ Crypto Assets
3.2.2021
According to a report by Glassnode, bitcoin’s declining stablecoin supply ratio (SSR) indicates an increased supply of newly minted coins on exchanges. In turn, this increase in supply means exchanges are currently “highly liquid and ready to buy up assets such as bitcoin.”...
AdGram Helps Brands Leverage Cryptocurrencies in the Advertising Market
3.2.2021
PRESS RELEASE. The AdGram service was founded a year ago and is currently the largest advertising exchange in Telegram. AdGram helps brands place large advertising volumes in channels and groups quickly and efficiently. Channels and groups benefit from expansion of their audience, it is easy...
Ark Investment Study Suggests BTC Value Will Rise by $40,000 if All S&P 500 Companies ‘Allocate 1% of Their Cash to Bitcoin’
1.2.2021
According to the findings of a study by Ark Investment Management (AIM), the value of bitcoin can potentially increase by $40,000 if all S&P 500 companies allocate 1% of their cash holdings to the crypto. Similarly, if all these companies were to convert 10% of cash holdings into bitcoin,...
Dogecoin withdrawals get complicated during parabolic price increase
29.1.2021
Some big-name exchanges have suspended DOGE withdrawals as the token sees unprecedented interest
Report: Bitcoin Bull Run and Rising Awareness of Digital Currencies Led to a 20% Increase in Crypto Related Lawsuits in China
28.1.2021
A report from China says as many as 872 lawsuits relating to cryptocurrencies were filed in the past year, a figure which is approximately 20% more than that of 2019. Using data obtained from the China Judgment Document Network (CJDN), the report shows that the province of Guangdong had the highest...
DDoS Attackers Return With Massive Extortion Campaigns in the Wake of Bitcoin Prices Surging
25.1.2021
Threat actors have been finding opportunities in bitcoin’s bullish trend to increase their extortion campaigns. Hackers are actively threatening companies with DDoS attacks unless they pay for bitcoin ransoms. Bull Run Prices Push Extortionists to Increase Bitcoin Ransom Demands According...
Microsoft Reverses Course On Xbox Live Price Increase
23.1.2021
Following widespread customer backlash, Microsoft released a statement walking back its Friday morning announcement of sweeping price increases for the Xbox Live Gold subscription service.Read more
Hive Blockchain Buys 6,400 Bitcoin Miners From Canaan, Capacity Reaches 1,229 PH/s
22.1.2021
Canadian bitcoin miner Hive Blockchain has bought 6,400 next generation mining machines from Canaan. The Avalonminer 1246 miners will add a combined 576 petahash per second (PH/s) to Hive’s existing hash power. ● With the addition of the new machines, Hive’s total hash rate will...
Paypal to Earn $2 Billion in Revenue From Its Bitcoin Business, Says Analyst
17.1.2021
Mizuho Securities analyst Don Dolev has forecast that Paypal will earn up to $2 billion in revenue from its bitcoin business by 2023. This year, he expects that the payment giant’s overall revenue will climb 20%. Dolev says there has been a “dramatic increase in engagement due...
Goldman Sachs Sees Bitcoin Market Becoming More Mature
14.1.2021
Goldman Sachs’ global head of commodities research sees the bitcoin market becoming more mature. “The key to creating some type of stability in the market is to see an increase in the participation of institutional investors,” he detailed. Meanwhile, the price of...
Bitcoin Miners Saw 33% Revenue Increase in December
9.1.2021
Miners earned an estimated $692 million last month
Bitcoin Miners Earn Over $1 Million per Hour — Revenue Increases 185% Since the 2020 Halving
30.12.2020
Bitcoin miners have been yielding a very profitable year in monthly revenues, as the latest onchain data shows significant figures at its highest levels since 2019. Hourly Bitcoin Mining Revenues Hits 2019 Highs According to Glassnode, BTC miners are currently earning $1 million per hour, meaning...
Bitcoin Consolidates While Altcoins Start Strong Increase
28.12.2020
After setting a new all-time high, bitcoin price corrected lower to USD 26,000. Recently, BTC started a fresh increase, settled above USD 27,00, and is currently (13:00 UTC) consolidating well above this level.
Also, there was a fresh increase in major altcoins, including ethereum, XRP, EOS,...
Riot Blockchain Buys 15,000 Antminers, Operation Will Command 37,640 Bitcoin Miners
23.12.2020
Publicly listed firm Riot Blockchain has announced the company is purchasing 15,000 S19 Pro and S19j Pro Antminer mining rigs from Bitmain. According to the company, the new shipment of next-generation miners will increase the operation’s hashrate to 3.8 exahash per second (EH/s). Following...
JPMorgan Warns of Bitcoin Correction, Describing BTC as Overbought
22.12.2020
JPMorgan’s analysts have warned about the odds of a bitcoin correction which would increase if the flows into Grayscale’s bitcoin trust slow significantly. The analysts indicated that bitcoin is “overbought.” JPMorgan Reveals Bitcoin’s Outlook The analysts at JPMorgan...
Riot Blockchain buys 15K Bitmain Antminers, expects 65% hash rate increase
22.12.2020
Nasdaq-listed crypto firm Riot Blockchain purchases additional 15,000 Antminers from Bitmain for $35 million
Global Equity Head at Jefferies Says the Investment Bank Will Buy Bitcoin and Reduce Exposure to Gold
22.12.2020
Christopher Wood, the global head of equity at Jefferies, a global financial services company, says the firm will reduce exposure to gold in favor of bitcoin. He adds that there are plans to increase the crypto component of Jefferies’ long-only global portfolio for U.S. dollar-denominated...
$1 Billion in Bitcoin and Ether: One River Hedge Fund to Increase Holdings From $600 Million
18.12.2020
Hedge fund management firm One River Asset Management has invested $600 million in bitcoin and ether with a plan to increase its holdings to $1 billion next year. The company has two cryptocurrency funds: the Bitcoin Fund and the Ethereum Fund. $1 Billion Investment in Bitcoin and Ether One River...
US Treasury Dept's Reported New Rule Might Increase Bitcoin Surveillance
18.12.2020
While the national treasury of the US federal government is said to be on the brink of proposing a new transaction reporting rule, many in the Cryptoverse argue that it would not affect investors and/or that regulations concerning so-called "self-hosted" wallets are nonsensical. However...