As you likely well know, Bitcoin (BTC) hasn’t been doing too hot as of late, losing 45% of its year-to-date high of $14,000. Despite this unfortunate downturn, which came after many were calling for Bitcoin to “moon,” many remained committed to the cryptocurrency vision. Fidelity Expands Bitcoin Operations Revealed in a report published by the…
It isn’t a secret that Bitcoin (BTC) hasn’t been doing too well as of late. While the cryptocurrency is up 100% on the year, it is down some 45% from the year-to-date high of $14,000. Related Reading: Bitcoin Now the World’s Eleventh Largest Money Supply This dramatic drawdown from $14,000 to as low as $7,700 has…
Mere hours ago (as of the time of publishing this), the 18 millionth Bitcoin (BTC) was mined. As revealed by Statoshi.Info, a recent block brought the 18th million coin into existence, leaving three million BTC remaining out of the hard-capped 21 million coin supply. While this milestone may seem irrelevant to those not involved in…
Today, Circle, a US-based finance firm, has revealed that it is “spinning out” crypto trading platform Poloniex into its own independent company, in “an effort to create a competitive internationally-focused cryptocurrency exchange.” Circle first acquired the crypto exchange back in February 2018, around peak interest in the crypto market. Does the company switching gears signal…
Footage posted by a Swiss crypto startup earlier today shows a tram emblazoned with the word “Bitcoin” and the firm’s branding travelling through the Zurich streets. The company behind the marketing campaign offers a range of crypto financial services including custody, trading, and lending. Such large scale public marketing efforts have been conducted previously by…
After a short period of upwards momentum earlier this week that appeared to be bull’s attempt to bolster Bitcoin’s price action, bears have once again gained the upper hand and have now pushed BTC’s price decisively below $8,000. One prominent technical analyst is now noting that he believes this latest movement downwards points to the…
Researchers have identified malware associated with an unofficial version of the Tor Browser. Evidence suggests that the covert software has been tricking users into sending Bitcoin to addresses under the control of scammers. The Tor Browser is the most popular method used to access the dark web. Many visitors to the dark web often use…
Each and every day, miners unlock more and more Bitcoin – as much as 1,800 BTC per day – into the circulating supply of the cryptocurrency. Today marks a major milestone for the cryptocurrency, as the 18 millionth Bitcoin is mined, leaving only 3 million BTC remaining out of the hard-capped 21 million BTC supply.…
While mere days ago analysts were calling for Bitcoin (BTC) to correct higher to $9,000 and potentially even higher, this bullish scenario has not panned out. On the contrary, in fact. Since the weekend, the leading cryptocurrency has returned to $8,000 and has even started to flirt with the $7,000s once again. Related Reading: Bitcoin…
Leaks within the Bank of Canada show officials are considering the development of a national cryptocurrency. As such, with interest in central bank digital currencies (CBDCs) on the rise, could it threaten bitcoin? National Cryptocurrency Mike Eppel, Senior Business Editor at 680 News, has revealed that Canada’s central bank is considering the development of a…