Bitcoin - Tag Archives - Cryptonews (Page 578)

Who Are the Bitcoin Whales and What Are They Good For?

Not much is known about the Bitcoin whales. Sure, we know they're holders of large quantities of Bitcoin, but beyond a few names most of us are in the dark as to who exactly they are and what functions they have within the BTC ecosystem.As reported in May, there is new information intriguing the...

, by Simon Chandler

Bitcoin Moves Above USD 6,000, For How Long? (UPDATED)

After briefly spiking above the USD 6,000 level earlier in May, the most popular cryptocurrency, Bitcoin touched USD 6,100 on Thursday morning (UTC time). (Updated on 06:50 UTC: price information has been updated, a new comment (in bold) and other reactions have been added.)At pixel time, the price...

, by Linas Kmieliauskas

This Bitcoin Debate is Now Hotter than Binance Hack

If anything managed to overshadow the Binance hack that cost them more than BTC 7,000 (USD 40 million), it is the idea, mentioned by their CEO Changpeng Zhao, to roll back all the Bitcoin transactions that happened in the past few days in order to recover the lost funds and “teach [hackers] a...

, by Sead Fadilpašić

Binance Hack: Shock, Conspiracy Theories, Ego Pump and BNB

After a major breach of Binance’s Bitcoin hot wallets yesterday, which reportedly held 2% of total BTC holdings, and in which the hackers stole more than BTC 7,000 (USD 40 million) and obtained a large number of user API keys, 2FA codes, the crypto community is in an uproar. The whole...

, by Sead Fadilpašić

SegWit is Working and Might Do Wonders during the Next Bull Run

As Bitcoin blocks reached a new high with demand for more than just 1Mb of space, and average transaction fees jumped to almost 200% in April, the percentage of block space used by transactions utilizing the Segregated Witness (SegWit) technology are on the rise, reaching a usage high, but at the...

, by Sead Fadilpašić

New Proposal Might Increase Bitcoin’s Competitiveness

New Bitcoin Improvement Proposals (BIPs), revealed by developer Pieter Wuille, might bring the most popular cryptocurrency to another upgrade and make it more private and scalable. Firstly, according to the BIPs, Taproot is introduced, which is a code change that is designed to increase privacy of...

, by Sead Fadilpašić

Let’s Shut Down Cryptocurrencies, Says Nobel Prize Winner

The cryptoverse is more or less used to traditional economists shunning the nascent industry, and the community loves to call them “dinosaurs” for what they consider old-fashioned opinions. Joseph Stiglitz, a Nobel-Prize winning economist, once again joins the club saying that...

, by Sead Fadilpašić

Three Good Crypto News Reached the Market

The cryptoverse got two positive news and one somewhat positive announcement today from three entities. One, Switzerland’s stock exchange is considering issuing its own tokens in an effort to digitize assets; two, U.S.-based mutual fund giant Fidelity Investments will reportedly start...

, by Sead Fadilpašić

Bitcoin’s Lightning Payments Now on Your Apple Smartwatch

Interesting news came out recently as users can now send and receive Bitcoin’s lightning payments on their Apple Watch. The new app that makes this transaction possible has been launched by Bitcoin and Lightning Network wallet Bluewallet and is now available on the iTunes store.Users are now...

, by Sead Fadilpašić

Bitcoin’s Gravity: How Idea-value Feedback Loops Are Pulling People in

Below is an article by Gigi, a developer, independent writer and bitcoiner, that was among the most shared articles in the cryptoland this week. Enjoy! (This long read has been republished with permission from the author. Read the original article here.)You can also listen to the article...

, by Gigi

Bitcoin Payments Jumped at Least 47% in January (Don’t Ask About USD)

Despite USD value of bitcoins received by merchant services is still considerably lower than in January 2018, the number of bitcoins being spent among retailers and merchants is on an upward trend, according to data collected by blockchain analysis firm Chainalysis.Actually, even preliminary...

, by Sead Fadilpašić

Risk Premium Pushed Bitcoin Above USD 6,100 on Bitfinex

As Bitcoin is still trading at around USD 250 - USD 300 premium on under-fire major exchange Bitfinex, its price on this exchange jumped over USD 6,100 during the rally today.After Bitcoin ralied by almost 8% in the past 24 hours it trades at around USD 5,882 (10:00 UTC), while on Bitfinex it's...

, by Sead Fadilpašić

Hey Banks, Can You Do This? Crypto Whale Moves USD 212M, Pays 4 Bucks

There is new information intriguing the cryptoverse as reportedly the Bitcoin (BTC) whale called ‘Loaded’ has moved 40.000 BTC, which translates to USD 211.9 million, crypto-wealth in a single transaction. Interestingly, however, the Bitcoin blockchain charged this whale only 0.00074227...

, by Sead Fadilpašić

Goldman Sachs Exec on Crypto: Don’t Forget the Force of the Sovereign

Martin Chavez, global co-head of the securities division at investment banking giant Goldman Sachs, believes cryptocurrencies need to have stable backing."If we’re in the jurisdiction of the U.S. and I owe you some money and I give you one of these [dollar] bills and you accept it, I’ve...

, by Linas Kmieliauskas

This Bitcoin Ad Prompts Mixed Reactions

Grayscale, a cryptocurrency asset management firm, owned by Digital Currency Group (DCG), launched a new pro-bitcoin ad campaign ‘Drop Gold’ to somewhat mixed reactions. According to Barry Silbert, the founder of DCG and CEO of Grayscale, “The bitcoin vs. gold battle begins”...

, by Sead Fadilpašić

More Americans Considering Buying Bitcoin – Survey

The share of surveyed Americans who might buy Bitcoin rose from 19% in October 2017 to 27% in April 2019, venture capital firm Blockchain Capital (BC) announced today, stressing that Bitcoin awareness and popularity has increased even during this bear market. "The results highlight that Bitcoin is...

, by Sead Fadilpašić

# Bitcoin (Page 578)

Cryptonews in numbers