In late-October, NewsBTC reported that Bitcoin turned ten. While this was factually accurate, the world’s first cryptocurrency turns a decade-old yet again on January 3rd, as Satoshi Nakamoto processed the first official block on this exact day, only ten years ago. This industry occurrence didn’t go unnoticed, as crypto enthusiasts en bloc(k) have taken to Twitter,…
As Bitcoin and crypto prices continue to fall profitability from mining using certain types of hardware inevitably follows suit. Japan has a number of high profile corporations heavily invested in mining operations and it looks like they are about to pull the plug. Closure of Crypto Mining Hardware Production and Farms According to reports in…
Following a several day period of relative stability in the cryptocurrency markets, Bitcoin has now risen nearly 4%, which is leading the overall crypto markets to surge. Today’s positive price move is being led by Ethereum, which is currently trading up well over 10%. Today’s move marks the first market surge of 2019, although Bitcoin…
The CEO of successful investment house Galaxy Partners has stated that he sees Bitcoin and other cryptocurrency as a highly risky investment. It is for these reasons that Viswanathan Shankar will not be allocating any of his fund to the emerging technological and financial innovation. Instead, Shankar prefers to invest in Africa and Asia-based companies that…
The bear market has been a bane for many crypto investors and related businesses that have struggled to remain profitable during continued price decline. However, the niche market of crypto lending is currently booming despite the rest of the market and industry suffering. Crypto Creditors Creating Opportunity Out of Market Despair While some of the…
Key Points Bitcoin price formed a support base near $3,625 and later moved higher against the US Dollar. There was a break above a major bearish trend line with resistance at $3,710 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is placed nicely above the $3,700 level and it…
Although the traditional equities markets and the crypto markets don’t have a ton in common, they both had a rough 2018, and investors in both markets are hoping that 2019 proves to be different. Despite being a rough year price-wise, many analysts see the drops in both markets as being temporary, which could mean that…
Latest Bitcoin News Among other advantages, the blockchain is transparent, and once there is a registration, it’s easy to track all transactions related to that address. That’s why this technology is perhaps the most significant innovation of the 21st century. If traditional companies incorporate this technology, then talks of scams and other unscrupulous activities will…
While Bitmain has made forays into artificial intelligence and other budding markets, at heart, Bitmain is a Bitcoin– and crypto-centric mining startup. So, it should come as no surprise that industry participants were shell-shocked when hearsay arose that Bitmain was poised to shutter a number of its mining-related ventures. However, one crypto analyst has claimed…
Following a quiet weekend for the crypto markets they have held relatively steady and are currently trading down slightly over a 24-hour trading period. This past Friday, the cryptocurrency markets surged to recover some of their recent losses, with Bitcoin jumping from lows of $3,600 to highs of nearly $4,000. Despite this, the markets did…