Even before China finally wielded the ban hammer on crypto mining, Bitcoin (BTC) miners in North America had been building up their capacity amid efforts to gain a larger share of the global hash rate distribution. From building bigger data centers to acquiring hardware inventories, these establishments have been making concert efforts to balance the …
Continue reading “Four North American Bitcoin miners that could benefit from the East-West shift”
It’s now three months since the last Bitcoin (BTC) all-time high, but one measure suggests that holders may be waiting even longer for the next. In a series of tweets on July 17, analytics service Ecoinometrics revealed that this year’s descent from all-time highs is the second-longest in Bitcoin bull market history. $30,000 may stay …
Continue reading “Bitcoin sees second-longest bull market drawdown with BTC price ‘stuck’ at $30K”
The US Securities and Exchange Commission’s (SEC) lawsuit against Ripple is taking a new turn, as a federal judge declares Ripple can depose former SEC Director of Corporation Finance William Hinman. The SEC previously sought to block Ripple from having Hinman questioned, stating that the San Francisco-based company doesn’t have the “exceptional circumstances” necessary to …
Continue reading “Federal Judge Allows Ripple to Question Former SEC Director in XRP Lawsuit”
Billionaire entrepreneur Mark Cuban is accumulating a new decentralized finance (DeFi) asset. A dive into one of Cuban’s publicly known Ethereum wallets shows the Shark Tank star added 75 Olympus (OHM) to his portfolio on Saturday. ADVERTISEMENT Cuban obtained the OHM in a trade executed on the decentralized exchange SushiSwap. Soon after that, crypto …
While Bitcoin (BTC) may be considered as a store of value for many, some consumers across the globe may be thinking otherwise. Recent data has revealed that 46 million people in the United States plan to use cryptocurrency to pay for things such as groceries or real estate. Payments giant Visa further revealed in July …
In the last 29 days, Bitcoin (BTC) has been ranging from $31,000 to $36,000 as the impact of the recent China ban and a $1.4 billion Grayscale GBTC share unlocking continue to pressure markets. China’s government implemented a series of measures to curb cryptocurrency mining and trading by ordering the immediate shut down of some …
Continue reading “Here’s one way to trade Bitcoin even as BTC price teeters over an abyss”
The popular crypto trader and host of Coin Bureau is outlining why he thinks Ethereum (ETH) has a chance to reach a larger market capitalization than Bitcoin (BTC). In a new video, the pseudonymous analyst known as Guy tells his 1.17 million subscribers that the decentralized finance (DeFi) space has the potential to attract a …
Continue reading “This Is Why Ethereum Could Flip Bitcoin, According to Coin Bureau”
If one word could be used to describe how the majority of participants in the cryptocurrency ecosystem feel about the near-term outlook for Bitcoin (BTC) it would be ‘undecided’, as mixed signals from all manner of indicators have many traders waiting for a significant move in either direction before planning their next entry point. A …
Continue reading “Historically low spot volumes and investor indecision weigh on Bitcoin price”
Cryptocurrency exchange Binance says it is ending support for stock tokens on its main trading platform. Binance says that by halting stock token purchases immediately, it can shift its focus to “other product offerings.” ADVERTISEMENT “Today, we are announcing that we will be winding down support for stock tokens on Binance.com to shift our …
Cardano overtakes Bitcoin as the most held crypto on eToro in Q2 Dogecoin rockets in popularity, becoming the fifth most held crypto Tron was the biggest mover in Q1 Retail investors are increasingly confident about the potential of cryptoassets, despite this quarter’s market correction, with new eToro data revealing increases in the numbers of crytoassets …
Continue reading “Smaller Cryptoassets in Demand As eToro Investors Seek Diversification”
Bank of America is reportedly taking a big first step into the crypto markets. The second-largest bank in the US has launched Bitcoin (BTC) futures trading for a select group of clients, according to a report from CoinDesk. ADVERTISEMENT Anonymous sources “with knowledge of the matter” say a small number of clients are already …
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week New data hints why Bitcoin price action has spent two …
Mark Mobius, renowned emerging markets investor and co-founder of Mobius Capital Partners, believes upcoming actions from the Federal Reserve could drag down the cryptocurrency market. ADVERTISEMENT In an interview with Kitco News, Mobius says he expects financial markets, particularly cryptocurrencies such as Bitcoin and Ethereum, to drop if the Federal Reserve decides to rapidly …
Aave founder Stani Kulechov told his 90,000 Twitter followers on Saturday that his platform should build “Twitter on Ethereum” after Jack Dorsey said he was developing a new Bitcoin (BTC)-centric financial services platform with striking similarities to Aave. Since @jack is going to build Aave on Bitcoin, Aave should build Twitter on Ethereum — stani.eth …
Continue reading “Aave founder hints at developing ‘Twitter on Ethereum’”
A vulnerability of a smart contract in one private DAO fund firstly to the leak of cryptocurrency worth tens of millions of dollars (billions as of today) and then to the hard fork of the second-largest blockchain network Ethereum. You can find tons of articles investigating those events, including a wiki page. Even though the …
Continue reading “Takeaways: 5 years after The DAO crisis and Ethereum hard fork”
