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Bitcoin Holds Steady Above USD 9,000, Altcoins Starts Fresh Increase
6.7.2020
In the past few days, bitcoin bears made more than two attempts to clear the USD 9,000 support. BTC spiked below USD 9,000, but it recovered quickly. The price is currently (08:30 UTC) up over 2% and it is approaching the USD 9,240 and USD 9,300 resistance levels.
Similarly, most major altcoins...
Bitcoin Pauses Below USD 9,300, Altcoins Signaling Fresh Increase
2.7.2020
Recently, bitcoin price made another attempt to break the USD 9,300 resistance, but it failed. BTC is currently (08:30 UTC) consolidating near the USD 9,200 level and it seems like there are chances of an upside break above the USD 9,300 resistance in the next few sessions.
XRP/USD
Total market...
A ‘Significant Increase’: UK Regulator Says 2.6 Million Residents Have Bought Cryptocurrencies
2.7.2020
The UK’s top financial regulator has conducted a survey and found a “significant increase” in the number of crypto owners and awareness of cryptocurrencies. The regulator estimates that 2.6 million people in the country have bought cryptocurrencies, most of which were from non-UK...
CBDCs Might Increase Central Banks' Footprint on Financial System - BIS
30.6.2020
The introduction of central bank digital currencies (CBDCs) could potentially lead to central bank expanding its footprint on the financial system, according to Economic Adviser and Head of Research at the "central bank of central banks," the Bank for International Settlements (BIS)....
Billionaire Says an Exponential BTC Price Increase Would be a Disaster
26.6.2020
Chamath Palihapitiya says Bitcoin is uncorrelated to financial markets, which is one reason people should invest 1% of their wealth in it
How to Disable Code: The Developer’s Production Kill Switch
25.6.2020
The following is a guest post written by Carlos Schults.
Being able to disable code in production is a power that many developers aren’t aware of. And that’s a shame. The ability to switch off some portions—or even complete features—of the codebase can dramatically improve the software development...
83% of Bitcoin Addresses Currently Profitable, Says Glassnode
24.6.2020
At least 83% of existing Bitcoin addresses are currently in a state of profit, according to Glassnode. That’s a 43% increase since bitcoin’s precipitous crash on March 12, now known as the ‘Black Thursday.’ At the time, only 45% of all the BTC addresses were profitable...
Compound Reward 'Farming' Results in Six-Fold Increase of Lending Activity
22.6.2020
Compound’s controversial COMP reward scheme triggered a gold rush of yield arbitrage, sending its assets under management and price to new heights
Bitcoin.com Exchange Announces Listing of New Digital Asset BUY by Burency
19.6.2020
Bitcoin.com Exchange is thrilled to announce the upcoming listing of a new digital asset on the 20th of August 2020 at 10:00 UTC. BUY by Burency is a new cryptocurrency that aims to increase cryptocurrency and blockchain adoption in the Middle East. BUY will be listed with BTC and BCH trading...
Ethereum Miners Vote to Increase Gas Limit, Causing Community Debate
19.6.2020
Ethereum miners consider increasing the block gas limit, which has both advantages and drawbacks for the network
Bitcoin Remains on Hunt for $10K as Holding Sentiment Gains Strength
8.6.2020
There are signs investors are increasingly holding bitcoin, confident that a long-term bull market lies ahead
Crypto Travel Booking Site Travala Sees 46% Monthly Increase in Bookings Despite Pandemic
1.6.2020
Cryptocurrency travel website Travala.com saw a 45.8% increase in the total number of room nights booked in May compared to April
India to Significantly Increase Crypto Market Share This Year: Report
1.6.2020
India’s cryptocurrency market is set to gain significant market share this year, according to an industry report. The regulatory environment, the instability of the rupee, and remittances are key drivers that will send the Indian crypto industry soaring. Indian Crypto Sector Flourishing...
Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash
30.5.2020
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on...
Revolut App Reports 68% Increase in Retail Crypto Traders
28.5.2020
Revolut data shows that U.K.-based retail crypto trade fell by half at the peak of the mid-March crypto crash — but has since recovered
1300% Increase In BitcoinAbuse Reports in April Led by Sextortion
20.5.2020
There was a 1,300% increase in the number of Bitcoin extortion cases reported to BitcoinAbuse.com in April versus March, with sextortion leading the charge
Square’s Cash App Reports BTC Quarterly Revenue Exceeds Fiat’s, Soaring 367% to $306 Million
8.5.2020
Square’s Cash App reported Wednesday, that bitcoin (BTC) revenue during the first quarter of the year, soared 367% to $306 million from $65 million a year ago. Quarter-on-quarter, the figure is up 71%. The increase is thanks “to growth in the number of active bitcoin customers, as well...
Silvergate Bank Reports 75% Increase in BTC Trading Volume
7.5.2020
The crypto-friendly bank saw an increase in the number digital currency customers and Bitcoin trading volume in the first quarter of 2020
Zcoin to Ditch Founder’s Reward and Increase Development Funding Post-Halving
5.5.2020
Zcoin has published new block reward allocations that will be implemented after the project’s September halving, introducing the Zcoin Reserve Fund
Bitcoin and Altcoins Signaling Possible Fresh Increase
5.5.2020
Recently, bitcoin price corrected lower below the USD 9,000 level. BTC/USD tested the USD 8,550 support zone and it is now (08:30 UTC) recovering higher. There was a break above the USD 8,850 resistance and it seems like the price might gain momentum above USD 9,000.
Similarly, there was a decent...