American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System

The Federal Reserve System was created after the “Panic of 1907” and ever since its inception in 1913, the Fed is one of the most powerful modern central banks in the world. Moreover, the Fed has always been either celebrated or criticized for stepping in whenever the U.S. is stricken with some kind of fear. […]

The post American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash

Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on May 22, there were 17 mining pools hashing […]

The post Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitpay Has ‘No Current Plans’ to Support Liquid or the Lightning Network

Bitpay Has 'No Current Plans' to Support Liquid or the Lightning NetworkAccording to Bitpay’s Chief Marketing Officer, Bill Zielke, onchain bitcoin payments still rule the roost as far as payments are concerned. Zielke detailed that at least in the near future, Bitpay won’t be supporting the Lightning Network or Blockstream’s Liquid project. Liquid or the Lightning Network Not on the Roadmap The top cryptocurrency payment processor […]

The post Bitpay Has ‘No Current Plans’ to Support Liquid or the Lightning Network appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Price Analysis for May 29th – BTC Going to Grow

Bitcoin Price Analysis for May 29th - BTC Going to GrowBy Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 29th, the BTC has grown steeply and is aiming upwards. It is generally trading at 9632.50 USD. On D1, the picture has hardly changed since last week. The pair keeps trading the upper border of the descending channel, trading between 50.0% and 61.8% Fibo. After yet another test of 61.8%, a pullback is becoming more and more probable. The aim of a decline will be at 38.2% Fibo. The MACD is currently above zero, indicating the possibility of further growth. The aim of the growth is at 61.8% Fibo. On H4,

The post Bitcoin Price Analysis for May 29th – BTC Going to Grow appeared first on The Merkle News.

Go to Source

Powered by WPeMatico

The Many Facts Pointing to Adam Back Being Satoshi

The Many Facts Pointing to Adam Back Being SatoshiDuring the last year, news.Bitcoin.com created a series that shows the many facts that point to certain individuals who might just be Satoshi Nakamoto and it’s been a popular run so far. Our series has covered nearly everyone, but there are still a few individuals that haven’t been covered. On May 11, 2020, the popular […]

The post The Many Facts Pointing to Adam Back Being Satoshi appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Cryptocurrencies Spread 4X Faster in Undeveloped Countries: Blockchain Analysis Report

Cryptocurrency Network Effect Grows 4X Faster in Undeveloped Countries: Blockchain Analysis ReportDuring the month of April, the blockchain project Onfo initiated an experiment to see how fast crypto assets can gain popularity in four different countries. The team’s findings discovered that cryptocurrencies spread four times faster in developing nations as opposed to developed countries. Crypto Asset Network Effect Grows Stronger in Undeveloped Countries Last month, the […]

The post Cryptocurrencies Spread 4X Faster in Undeveloped Countries: Blockchain Analysis Report appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitmain Cofounder Allegedly Expelled – Could Face Litigation for Operation Interference

Bitmain Cofounder Allegedly Expelled - Could Face Litigation for Operation InterferenceOne of the largest ASIC mining manufacturers worldwide, Bitmain, has allegedly ousted cofounder Micree Zhan. Regional reports note that he’s been threatened with litigation if he interferes with company operations. According to two local announcements written in Chinese, Bitmain has warned Zhan two times not to intervene with employees. Last October, news.Bitcoin.com reported on the […]

The post Bitmain Cofounder Allegedly Expelled – Could Face Litigation for Operation Interference appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitwage and Gemini Partner to Launch Bitcoin-Based Retirement Plan for Employees

Bitwage and Gemini Partner to Launch Bitcoin-Based Retirement Plan for EmployeesCryptocurrency payroll service Bitwage has announced the launch of a Bitcoin 401 (k) plan, allowing companies to give their employees a BTC-based retirement plan. In a press statement, Bitwage, which claims to have tested the product on its own employees for 10 months, said workers now have the ability to invest their pre-tax and post-tax […]

The post Bitwage and Gemini Partner to Launch Bitcoin-Based Retirement Plan for Employees appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bull Run Imminent? Hodl Waves Chart Shows 60% of Bitcoin Hasn’t Moved in a Year

Bull Run Imminent? Hodl Waves Chart Shows 60% of Bitcoin Hasn't Moved in a YearAccording to the creator of the analytical bitcoin data web portal, Look Into Bitcoin, a chart often referred to as ‘Hodl Waves’ shows a bull run could be imminent. The web portal’s analyst Phillip Swift recently tweeted that 60% of all the bitcoin in circulation hasn’t moved in twelve months. The last time this trend […]

The post Bull Run Imminent? Hodl Waves Chart Shows 60% of Bitcoin Hasn’t Moved in a Year appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked

Despite Trust Model Debates, Ethereum Is Bitcoin's Largest Sidechain by Total Value LockedThe Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to 4,000 BTC ($34.7M) held in reserves, while the Lightning Network has only 925 BTC ($8.3M). Wrapped Bitcoin Project’s Total Value Locked Climbs to 3.9k Bitcoin Just […]

The post Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico