Both Bitcoin (BTC) and gold would greatly benefit from the current “inflation of money,” predicts the CEO of a big crypto company, while also acknowledging that he thinks people should still own more gold than bitcoin. In a recent interview with Kitco News, Alex Mashinsky, CEO of crypto lender Celsius Network. Has made the advice […]
Bitcoin creator Satoshi Nakamoto could be a bearish ‘ghost’ according to what happened on Wednesday. BTC watched a technical resistance test at $10,000 while trading some $200 below it before almost suddenly it crashed by about $500 in just 15 minutes. So it looks like traders sold off nearly $9,800 after Twitter user Whale Alert tweeted […]
Businessman Robert Kiyosaki isn’t the only high-profile figure who advocates turning to Bitcoin during the current financial crisis. But he’s one of the few who makes it sound like a decision about life and death. On May 19, the best-selling author of the book “Rich Dad, Poor Dad” took to Twitter in a tweet mostly […]
When Bitcoin plunged to $3,700 this March, there was no denying that many were afraid to invest. After all, there were traders — and prominent traders at that — seriously expecting the cryptocurrency to fall off a price cliff when the crash occurred. For example, a long-time commodity trader and Bitcoin investor Peter Brandt wrote […]
Bitcoin mining (BTC) has been easier starting today than in late April. BTC mining difficulty on Wednesday morning (UTC time). A metric showing how difficult it is to compete for mining rewards fell by 6 percent to 15.14 T. Although, some analysts predicted a c. 2% drop, a week ago. Difficulties grew from 13.91 T […]
Bitcoin retested the resistance range of $9,950-$10,000 against the US dollar, but it struggled to keep going higher. The price of the BTC traded as high as $9,945 and a downside correction recently started. It has struggled to remain above rates of $9,800 and $9,700. The fall was such that the price rose from the […]
Bitcoin (BTC) transaction fees rose by over 1,250 percent from $0.38 to $5.16 from April 11 until May 14. While transaction fees for Bitcoin have since dropped by 33.3 percent to sit at around $3.44 as of this writing, fees have increased by 36.5 percent since the block reward halving on May 11. Bitcoin payments double […]
The renowned Italian luxury sports car maker Lamborghini continues to make use of Blockchain in its corporate operations. The well-known company uses blockchain to digitize its collectible stamps, among the latest technological advancements. Lamborghini is releasing the first digital collectible stamps, the “Automobili Lamborghini Collection”. The new release, driven by blockchain technology, is a series […]
The aggregated demand for crypto has struggled to harness the full traction that Bitcoin has encountered in recent years. The influx of Bitcoin funding indicates investors are keen to be drawn to the possible upside that its rising reputation as a “hard asset” provides. The overt strength of the flagship crypto-currency comes as it flashes massive […]
Visa has applied with the United States to create digital currency on a blockchain. Department of Patent and Trademark. Inventors Simon J. Hurry and Alexander Pierre, along with the Visa International Service Association in San Francisco, pursued a patent for a digital currency based on a blockchain and operated by a central entity machine, according […]