Category: Bitcoin Core

Speculation Abounds Over the Cause of Bitcoin’s Recent Rally

How the Recent Crypto Rally Compares With Previous Bull RunsCrypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady, suggesting this rally is not just a flash in the […]

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Stealth Miners on the BCH Network Attract Scrutiny

Crypto Proponents Laser Focused on Stealth Miners on the BCH NetworkIn roughly 17 days, the Bitcoin Cash network will upgrade by adding two new features to the protocol. Meanwhile, prior to the forthcoming changes, a large percentage of the BCH hashrate is being processed by unknown miners. Crypto proponents have been very focused on the hashrate and BCH pool distribution as speculators believe a few […]

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Bitcoin Cash Roundup: Adoption Stories and New Developments

Bitcoin Cash Roundup: Adoption Stories and New DevelopmentsBitcoin Cash (BCH) adoption, development, and participation continue to spread as there’s been a myriad of BCH-related announcements in the last few weeks. Moreover, there’s now over 18 million bitcoin cash in circulation and only three million coins left to mine. Also read: Ethereum Name Service Adds Infrastructure for Multi-Currency Support Bitcoin Cash Adoption and […]

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Ethereum Name Service Adds Infrastructure for Multi-Currency Support

Ethereum Name Service Adds Infrastructure for Multi-Currency SupportOn October 16, the Ethereum Name Service (ENS) announced multi-currency support and integration with 15 platforms and wallets. The fusion will provide users with the ability to use a single ENS name across a wide spectrum of crypto applications alongside leveraging a variety of digital assets. Also read: Honestnode Founder Discusses the First Stablecoin Built […]

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104 Addresses Hold 70% of Tether, Research Reveals

104 Addresses Hold 70% of Tether, Research RevealsThe ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s operators. That adds to the […]

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80% of Crypto Trade Volume Tracked by Blockchain Surveillance

80% of Crypto Trade Volume Tracked by Blockchain SurveillanceEver since governments worldwide started showing adversity toward cryptocurrencies like bitcoin, a few startups have dedicated their business model to blockchain surveillance. Two weeks ago, Chainalysis revealed the company is monitoring 21 different tokens that stem from Ethereum. On Tuesday, the firm Ciphertrace announced that it’s now tracking 700 cryptocurrencies providing “visibility into 87% of […]

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Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin

Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide MarginThe BCH-centric web portal Bitcoinbch.com published on October 13 an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country exceed BTC transactions by a wide margin and BCH is the top digital currency in Australia. Also read: Bitcoin Cast Program Gives […]

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If You’d Bought These Coins in 2014, This Is What You’d Have Made

Crypto Time Machine - Revisiting Fall, 2014 to Invest in the Top CoinsFall is here, and it’s a good time for reflection, regrouping and gearing up for the coming new year. In the case of crypto, looking back at the markets of the past puts things into similar perspective. An examination of the top 10 cryptocurrencies of just five years ago sheds light on how far crypto […]

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Why the Maximalist Narrative of Just Hodl and Wait Is Unsustainable

Why the Maximalist Narrative of Just Hodl and Wait Is UnsustainableIt’s encountered all over the crypto space these days — the idea that the only correct way to “Bitcoin” is to hold and not spend, and to desperately lash out on crypto Twitter at anyone who thinks differently. But what ever happened to Satoshi’s original call for an “electronic payment system based on cryptographic proof […]

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Sean Walsh: Cryptocurrencies Can Harness More Human Energy

Sean Walsh: Cryptocurrencies Can Harness More of the Human EnergyBitcoin scores high in terms of ‘moneyness’ compared to other forms of money as it has some technical advantages and social inertia. In an interview with Bitcoin.com’s Humans of Bitcoin podcast, brilliant contrarian thinker Sean Walsh shared his opinion about cryptocurrencies and their place within the global financial system. The crypto investor believes decentralized digital […]

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Bitcoin Cash Settles More Value Than ETH in Dollars Moved

Bitcoin Cash Settles More Value Than ETH in Dollars MovedBitcoin Cash (BCH) proponents have recently been discussing the amount of value participants have been sending onchain. For quite some time now, statistics show the BCH chain has been moving more money than the ETH network in terms of USD value sent per day. With extremely low network fees, a good portion of people are […]

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Market Outlook: Leading Cryptocurrencies Attempt to Break Resistance

Market Outlook: Leading Cryptocurrencies Attempt to Break ResistanceDigital currency markets have started to show strong signs of recovery after dropping to new lows last week. On Monday, a number of cryptocurrencies gained between 2-5% over the course of the day. Crypto prices have held steady into the next day and many digital assets will likely test key resistance levels in order to […]

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Protesters Wield Tools of Freedom as Hong Kong Imposes Dictatorship

Protestors Wield Tools of Freedom as Hong Kong Imposes DictatorshipFour months of protests continue in Hong Kong as the world is witnessing the biggest uprising of political dissent in the territory since the 1997 ‘handover’ from Britain to China. Protesters have recently embraced wearing Guy Fawkes masks but on October 3, Hong Kong’s current Chief Executive, Carrie Lam, implemented colonial-era emergency powers banning the […]

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Data Shows Institutional Interest in Bitcoin Has Diminished

Data Shows Institutional Interest in Bitcoin Has DiminishedLast spring and the beginning of summer 2019 saw digital asset markets spike considerably in value, and many speculators assumed the rise was due to institutional investors. However, BTC and a variety of other popular digital asset prices started plummeting in August. Reports now detail that institutional interest is waning and new data that analyzed […]

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Crypto Investment Group Grayscale Releases Bitcoin Cash Primer

Crypto Investment Group Grayscale Releases Bitcoin Cash PrimerCrypto investment firm Grayscale has just released “An Introduction to Bitcoin Cash” highlighting the basics of BCH for those who may be yet unfamiliar, or just wish to brush up on the popular token forked from Bitcoin Core on August 1, 2017. With a significant reputation in the industry, Grayscale’s release of the document marks […]

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German Bank Predicts BTC at $90,000 After Next Halving

German Bank Predicts BTC at $90,000 After Next HalvingYou wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently published research paper, the bank asks […]

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Market Outlook: A Few Cryptocurrencies Rebound While Fear Grips Central Banks

Market Outlook: A Few Cryptocurrencies Rebound While Fear Grips Central BanksIn the last 48 hours, digital currency markets have rebounded after some bearish price dips last week. After losing $35 billion in a short period of time, most crypto markets have been gradually healing and the overall market valuation of the cryptoconomy has clawed back at least 50-60% of the losses. Also Read: Money and […]

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Video Shows $10M Chinese Bitcoin Mining Farm in Flames

Circulating Video Shows $10M Chinese Bitcoin Mining Farm in FlamesDuring the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money […]

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Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund

Financial Giant Fidelity Backs Bitcoin Derivatives Yield FundThe Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products. CME Group has also revealed the derivatives marketplace will provide options on its bitcoin […]

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Without Disobedience, Bitcoin Is No Better Than Gold

Without Disobedience, Bitcoin Is No Better Than GoldWith the launch of Bakkt’s bitcoin futures market and Binance’s revamped U.S. exchange, there’s been a lot of talk in the space about institutionalization and traditional money flowing into crypto. It’s almost as if some believe that Bitcoin can’t scale as a purely peer-to-peer electronic cash system and that third parties and regulators must be […]

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Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto

Latin American Payment App Mercado Pago Can Be Topped-Up With CryptoThe Atlanta-based blockchain payment provider Bitpay has announced the firm has partnered with Mercado Livre, one of the largest ecommerce providers in Latin America. The collaboration provides people with the ability to purchase Mercado Livre gift cards with cryptocurrencies such as bitcoin cash (BCH), and BTC. Also read: Crypto Terminals Offer Venezuelans a Bridge to […]

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The Number of Cryptocurrency Wallets Is Growing Exponentially

Number of Cryptocurrency Wallets Grows ExponentiallyWallets are a necessity for cryptocurrency users and their creation is a strong indication of how fast the popularity of decentralized digital money grows. The number of crypto wallets and their users has been increasing rapidly since the creation of Bitcoin. Spikes usually coincide with rising cryptocurrency prices during bullish periods, but it’s worth noting […]

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Market Outlook: Traders Play New Positions After Massive Drop in Crypto Prices

Market Outlook: Traders Play New Positions After Massive Drop in Crypto PricesOn September 24, digital currency markets saw significant losses as the entire cryptoconomy lost $35 billion in a short period of time. Cryptocurrency enthusiasts and traders are now even more uncertain to where markets are headed in the short term. The sudden sell-off that took place on Wednesday afternoon was unexpected and today traders are […]

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Market Update: Low Volumes and Uncertainty Shake Crypto Traders

Market Update: Low Volumes and Uncertainty Shake Crypto TradersThe majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only $60 billion in worldwide crypto trades in the last 24 […]

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