The latest debacle of social media giant Twitter flagging tweets of the US President Donald J. Trump resulted in the draft of an executive order on Preventing Online Censorship. If anything, this highlights one of the core principles behind Bitcoin’s technology – censorship resistance. Twitter Flagging President Trump’s Tweets The riots in Minnesota’s largest city,...Read More
One of Bitcoin’s most vocal proponents and early adopters, Tyler Winklevoss, took the opportunity to comment on Goldman Sachs’ most recent conclusions on the cryptocurrency. ‘Probably’ Rebranding to Goldman Stacking Sats As CryptoPotato reported yesterday, the large multinational investment bank Goldman Sachs hosted a conference call talking about Bitcoin and other cryptocurrencies. Somewhat unsurprisingly, the...Read More
The digital asset management company, Grayscale Investments, has increased its Bitcoin buying speed recently. According to a researcher, the firm’s accumulation levels have jumped to about 150% of the freshly mined coins since the third halving. Grayscale Buys A Lot of Bitcoin As CryptoPotato reported recently, Grayscale had increased its Bitcoin holdings by 60,000 coins...Read More
Banks and other financial institutions have never been close friends of Bitcoin and other cryptocurrencies. Goldman Sachs is a good example, albeit it seems that the bank has some other problems to deal with as well. This week, the people at Goldman Sachs had an interesting discussion on Bitcoin, inflation, and so forth. Bitcoin is...Read More
The Square Cash app owned by Twitter CEO Jack Dorsey will go to great lengths to smooth the onboarding process for its Bitcoin users. When a Cash app user sent 12 different transactions worth $1 each, the app covered the $6 fees required to get his transaction included in the next block – each time....Read More
Discussions around Bitcoin and cryptocurrencies, in general, have reached the high seats of investment banking. This becomes clear as the behemoth multinational investment bank Goldman Sachs hosted a conference call headlined US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin. Perhaps somewhat expectedly, the banking giant used its platform to bash...Read More
Switzerland’s government has rejected a 100 million franc ($103 million) bailout for local cryptocurrency companies battered by the coronavirus economy, local media reported. Zug finance director Heinz Taennler requested the special funding package in April. He planned to issue out loans to startups, which could be converted into shares. The central government had already unveiled...Read More
Bitcoin hasn’t really had a good post-halving record. The top cryptocurrency has plunged over and again and this time, it seems bitcoin’s consistent price swings may be sending it towards heights we haven’t seen in a few weeks. Bitcoin failed a test at the $8,900 critical support level and is now trading conveniently below it....Read More
More often than not, people actively wonder who is responsible for buying up the newly mined BTC on the network. As it turns out, institutional investors may play a bigger role in this process than originally anticipated. Unlike traditional forms of money, Bitcoin has not hit an actual supply cap as of yet. Institutional Investors...Read More
An unknown person has tampered with some of the Bitcoin addresses that Craig Wright has previously claimed to own in his ongoing legal case against the Kleiman estate. The person has used the private keys for the addresses to sign a message in which he called Wright a liar and a fraud. CSW Is A...Read More
According to an online monitoring web portal called, Under the Breach, a hacker is purportedly trying to sell customer information that stems from companies like Keepkey, Trezor, Ledger, and even the investment platform Bnktothefuture. The hacker doesn’t seem to have any passwords, but is offering detailed information that was stolen from an alleged Shopify breach...Read More
The price of bitcoin and a number of other popular cryptocurrencies have been collectively holding a market valuation of around $255 billion. The fiat value of these cryptocurrencies has slipped downwards during the last four days. Despite the weekly losses of around 3-6%, many digital currency proponents are still very optimistic. Mainly because of how...Read More
The past 24 hours have been relatively calm for the leading cryptocurrencies by market capitalization. As of writing these lines, Bitcoin is trading today in a tight range around $9,200. From a technical standpoint, the range between $9,200 – $9,300 is the first significant resistance level for the primary cryptocurrency. If it breaks it successfully,...Read More
The large American multinational investment bank Goldman Sachs will host a conference call regarding Bitcoin, gold, and inflation. While precise information on the call’s content is limited, the massive bank appears to be the latest Wall Street-based entity to acknowledge the primary cryptocurrency. Goldman Sachs To Talk About Bitcoin According to the invitation, the event...Read More
Financial institutions such as Goldman Sachs have always condemned Bitcoin and other crypto assets. In 2020 and beyond, they are looking at the new form of money from a completely different perspective. Rumor has it that Goldman Sachs is paying very close attention to Bitcoin. Goldman Sachs Pays Attention to Bitcoin Not to blast it...Read More
Upon printing billions of fresh USDT in the past few months, the most widely adopted stablecoin has become the third-largest cryptocurrency by market cap. Tether has now surpassed Ripple (XRP) with its nearly $9 billion market capitalization. In the meantime, Ripple, which was among the top three cryptocurrencies for the past years, had seen its...Read More
While most community members are focused on exploring the correlations between Bitcoin and traditional financial assets, Google Trends indicated rather compelling inverse correlations involving the primary cryptocurrency and some popular culinary dishes. Firstly, a digital asset proponent brought up BTC’s comparison with the traditional Japanese dish – Ramen. Literally translated as “pulled noodles,” it consists...Read More
New information suggests that local government authorities in the Chinese province Sichuan are seeking to ban cryptocurrency mining operations in the region. Contrary, sources familiar with the matter claim that these notices are misunderstood, and crypto mining will not suffer major negative consequences. A Region In China Clamps Down On Crypto Mining? The story began...Read More
Bitcoin kissed the $10K mark goodbye this week as the cryptocurrency dropped to as low as $8,800 on Thursday, reaching the trend-line that was forming since the massive drop in March. As expected, BTC received strong support in that area, and its price quickly recovered to around $9,200, where it’s currently trading. The dump started...Read More
Maker DAO just received an influx of almost 2,500 Bitcoin in the past 48 hours, as the number of Wrapped Bitcoin (WBTC) locked in the decentralized finance app increased by 1,921%. Maker DAO is a decentralized lending protocol on Ethereum, which issues the stablecoin Dai (DAI) in return for ETH-based collateral. Since BTC can be...Read More
The veteran Bitcoin margin trading exchange BitMEX went down for over an hour a few days ago. While the community speculated on several plausible reasons, BitMEX published a post today explaining what happened, how they can prevent similar occurrences in the future, and assuring that all customer funds are safe. Why BitMEX Went Down The...Read More
Since bitcoin’s much-anticipated block reward halving took place, the top cryptocurrency is yet to take the market by any much surprises where the major effect was on Bitcoin Mining pools that saw a decrease in hash rate. However, bitcoin is suffering from a selloff which saw its price crashing below the critical support level at...Read More
It is evident that Bitcoin remains the world’s leading cryptocurrency across the board. The number of daily active averages for Bitcoin is well ahead of any altcoins, further confirming that alternative assets aren’t gaining any real adoption. When it comes to the cryptocurrency industry, Bitcoin is the go-to option. Bitcoin is the Crypto Asset That...Read More
Changpeng Zhao, the founder, and CEO of Binance, the world’s largest cryptocurrency exchange known to be bullish about crypto all the time. Ask his twitter follower to Image if they had mined 50 BTC in 2009 and didn’t give a thought to it till now? While addressing a Suspicious transaction… Yet another interesting day with...Read More
The recently moved 50 bitcoins, which were mined in February 2009, rattled the cryptocurrency community as many members are arguing if Satoshi Nakamoto himself transferred the coins. While these rumors are speculative at best, the address that sent the bitcoins can actually be located in a court document from the notorious Kleiman vs. Craig Wright...Read More
I sent the note below to employees earlier today. I’m sharing it publicly here in case others find it helpful. Continue reading on The Coinbase Blog » The post appeared first on The Coinbase BlogRead More
Bitcoin’s price saw a sudden vicious flash crash on one of the most popular cryptocurrency exchanges – Bitstamp. The price lost upwards of $600 in a single candle that lasted less than a minute. Bitcoin Price Flash Crashes To $9,100 On Bitstamp There are no boring days with Bitcoin. Just a few minutes ago, the...Read More
An interesting Bitcoin transaction surfaced today, bringing back memories from 11 years ago in the distant 2009. 50 BTC mined back then were just transferred to another address. Bitcoin Mined in 2009 Just Transferred Data from Blockchair reveals that 50 bitcoins mined in 2009 were just transferred to an unknown address. The transaction took place...Read More
Over the past days, Bitcoin had gone through sideways price action, flirting with the range between $9500 and $9900. The breakout of the $10,000 target is remarkably close. However, it also feels close as well to a massive price dump. Remember, from a technical point of view, the fact that Bitcoin so far fails to...Read More
Bitcoin investor, research analyst, and the founder of Adamant Capital, Tuur Demeester thinks that the bitcoin price might shoot up to a minimum of $50,000 in the near future. He postulates that Bitcoin has already seen its bottom (referring to March 2020 downfall). And now is back in the bull run. He, in an interview...Read More
