Six years on from the publication of its original whitepaper, Filecoin (FIL) has launched an incentivized testnet designed to test the network in realistic conditions. Aiming to build a decentralized file storage network, Filecoin carried out a $250 million ICO in 2017 – the largest Initial Coin Offering at the time. It was also the...Read More
We are continuing to explore the addition of new assets for customers around the world. Coinbase’s goal is to offer support for all assets that meet our technical standards and which comply with applicable laws. Over time we expect our customers around the world will have access through Coinbase platforms to at least 90% of the...Read More
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent 0.55 ether, worth...Read More
The Bitcoin hash rate appears to be migrating west after the percentage of BTC mining taking place in the United States increased by 78%, leading into 2020. That’s according to the latest data from the Cambridge Center for Alternative Finance (CCAF), presented in a report by TokenInsight, which shows the US-based Bitcoin hash rate rose...Read More
Over the past few years, many Bitcoins have been lost forever due to people throwing away old hard drives or entire computers. One Redditor managed to bring back an old laptop to life, and it holds a Bitcoin wallet containing 533 BTC. Many people have forgotten that they ever owed any Bitcoin or other cryptocurrency....Read More
Bitcoin halving resulted in a 33% drop in hashrate. Government of China’s Sichuan province’s latest directive asked miners to swiftly halt all mining activities. This could result in another 10% drop The post Siberia could be a gold mine for Bitcoin miners appeared first on AMBCrypto. The post appeared first on AMBCryptoRead More
Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours. Reports from China show that a number of small mining operations are struggling and older bitcoin mining machines are becoming useless....Read More
XRP continues to trade sideways with a small 0.6% price drop this week. Ripple has been trapped within a descending triangle for the last five weeks. Against Bitcoin, XRP struggles to hold the 2070 SAT support as the sellers start to push to fresh multi-year lows. Key Support & Resistance Levels XRP/USD: Support: $0.2, $0.192,...Read More
Cardano exhausted buying pressure after marking a new yearly high near $0.092. It maintained the same trend across trading pairs as sellers slowly take over in the short-term. The price is currently down by 4%. ADA/USD: Cardano Eyeing $0.070 For Short-Term Correction Key Resistance Levels: $0.085, $0.088, $0.0917 Key Support Levels: $0.074, $0.0688, $0.0631 ADA/USD....Read More
Stablecoins are touted as a hedge against the high volatility in the cryptocurrency markets since they are pegged to a relatively stable asset or a basket of assets like fiats or precious metals. However, new findings reveal that some of these tokens have ties with illicit activities like Ponzi schemes. In its latest state of...Read More
Ethereum surged by a total of around 20% over the past two weeks, but it struggles to break $250. The cryptocurrency has been trading between $235 and $250 for the entire period of June. Against Bitcoin, Ethereum struggles to pass the resistance at 0.0253 BTC. Key Support & Resistance Levels ETH/USD: Support: $240, $235, $225....Read More
A recent transaction on Ethereum’s network saw someone pay 10,668 ETH in fees while the actual value of the transaction was 0.55 ETH. This isn’t the first instance of something like this happen as insane fees have been paid on several occasions in the past. $2.5 Million Worth of ETH Fees for a Single Transaction...Read More
The price of LINK remains steady above the $4 mark despite market sentiments which have generally turned highly unstable. Amid sudden price range-bound experienced in the markets early on into the week, LINK remained steady and traded sideways through the turmoil. However, it seems LINK will have to respect an inbound bear tantrum that might...Read More
Bitcoin is at the forefront of the cryptocurrency revolution, a change in the way that we all use money that has the potential to transform every aspect of the global economy. All around the world, people are learning to use Bitcoin and other cryptocurrencies to carry out various transactions, including shopping, buying leisure services, and...Read More
A recent cryptocurrency scam running live on YouTube managed to dupe nearly $150,000 in Bitcoin from victims. Interestingly, the scam impersonated Elon Musk’s SpaceX channel and broadcasted recorded videos of the recent successful launch of two astronauts to the International Space Station. SpaceX And BTC Giveaway Scam Fraudsters are frequently attempting to dupe victims with...Read More
Global equity markets have had a spectacular run following the crash in mid-March. The S&P 500 has almost fully recovered, while Nasdaq is already charting new all-time highs. However, according to the CEO of the popular trading platform eToro, Yoni Assia, there’s a crash coming sooner than most expect it. Wall Street’s Impressive Rally At...Read More
Over the past days, while the equity markets are breaking records, Bitcoin is lagging. The indecisive state of mind the cryptocurrency is going through continues into this week. As can be seen in the following daily chart, the Bitcoin price is forming a symmetrical triangle (the two blue trend-lines), reaching the apex in 2-3 days...Read More
Data from the crypto analytical firm Skew.com shows that bitcoin options are maturing much faster than the futures markets launched in December 2017. Skew’s data shows that the open interest in bitcoin options has risen significantly in the last few months. Bitcoin options “are starting to play catch up with the more mature futures market,”...Read More
