The New Bitcoin Banks Are Here

The New Bitcoin Banks Are HereA new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance, […]

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Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone

Markets Update: Prices Drop as Crypto Sentiment Plunges Below the Fear ZoneCryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been following a trend of strong volatility, […]

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Bitcoin Cash, Bitcoin and Ethereum Price Prediction and Analysis for August 21st: BCH, BTC, and ETH

Bitcoin Cash Price Analysis (BCH/USD) In the last 24hrs, Bitcoin cash has maintained a bearish run.  The same trend is most likely to continue since the 21 day MA is actively trading above the 7 day MA.  BCH/USD pair corrected losses yesterday to trade below the critical resistance level at $322.0.  Additionally, the bearish pressure has defined the support level near $312.2. The price was later on fluctuated further down to consolidate below $304.3. Apparently, BCH/USD pair escalated from $321.4 to currently changing hands at $303.9 that translate to a minimal dip of 5.4% over the intraday. In addition, the

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High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

High-Powered Mining Rigs Drive Bitcoin's Accelerating HashrateOn August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently, the top machine released this summer is Pangolin’s Microbt […]

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Twitter Account @Bitcoin Removes all References to Bitcoin Cash

TheMerkle Twitter Crypto InfluencersThe cryptocurrency industry needs a weekly dose of drama. When there are no scams or dubious investments to discuss, the conversation usually turns to social media. Some very interesting things are going on regarding the @Bitcoin account on Twitter. It has seemingly dropped all support for Bitcoin Cash. This is widely considered to be a victory for Bitcoin maximalists.  The @Bitcoin Drama Unfolds When people search online for “Bitcoin” the top results will be rather confusing. The official Bitcoin.org website and Satoshi Nakamoto‘s whitepaper will show up within the first five results. However, there is also the @Bitcoin Twitter account,

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‘Amazon of Japan’ Rakuten Launches Crypto Exchange Service

'Amazon of Japan' Rakuten Launches Crypto Exchange Service, Others Following SuitRakuten, the “Amazon of Japan,” announced the launch of its new crypto exchange platform Monday, August 19, offering spot trading of crypto assets via a dedicated smartphone app. The e-commerce giant has been crypto-friendly for a while now, experimenting and investing in crypto payment systems since at least 2014, but with the launch of the […]

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