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2019 was known for the growing trend of stealth miners mining on the BTC and BCH network. On Dec. 30, data shows that 68% of the Bitcoin Cash network’s hashrate is being mined by mystery miners. As the year comes to an end, the large number of unknown BCH hashrate has attracted scrutiny. Also Read: […]
The post Debate Ensues After 68% of BCH Hashrate Mined by Stealth Miners appeared first on Bitcoin News.
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Mining operations that process SHA-256 coins like BTC and BCH saw revenues slashed due to the bear market lows at the end of 2018. Revenues continued to fall into the new year, but over the last few weeks, network hashrates have been climbing again. A report published on March 4 details that even though mining […]
The post Revenues on the Mend: Bitcoin Miners’ Gross Margins Grew 39% in February appeared first on Bitcoin News.
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Over the course of 2018, failing initial coin offerings that raised billions last year have continued to dominate the news cycle. Despite ethereum losing more than two thirds of its value, ICO projects have been liquidating massive amounts of ETH. ICO treasuries cashed out 433,000 ETH ($52.4M) in December, surpassing every other month this year. […]
The post ICO Treasuries Offloaded the Most ETH in November and December This Year appeared first on Bitcoin News.
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Institutional investors are quickly losing interest in Bitcoin, JP Morgan has stated in recent research. According to the bank, key flow metrics have dwindled in recent months indicating reduced interest from the professional investors. The research cited interest in Cboe Global Markets which is at its lowest since Bitcoin futures launched a year ago. The […]
The post Institutional Investors No Longer Interested in Bitcoin: JP Morgan appeared first on NullTX.
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Well, after all the hype and hoopla stemming from bitcoin’s $100 spike roughly 24 hours ago, it appears we’ve been fooled once again. Bitcoin is back down to the $6,500 range, suggesting that the currency has truly found comfort in this area over the past few weeks and isn’t as eager to move as we […]
The post Bitcoin Price Watch: Currency No Longer Flirting with Hellish Means appeared first on NullTX.
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Friday’s installment of our daily roundup investigates a weird mining trick that first surfaced on Bitcoin back in the day. It’s now being exploited on Ethereum. We also take a look at “Bitcoin populism” and consider the fate of crypto shills whose deleted tweets leave them no place to hide on an internet that never […]
The post The Daily: Empty Blocks, Bitcoin Populism, Crypto Flip-Floppers Exposed appeared first on Bitcoin News.
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Two research firms released compelling data on the state of Bitcoin Core (BTC). Chainalysis revealed 36% of BTC in circulation is lost, likely lost, or unmined. The percentage of BTC held by speculators is 22%, while investors accounted for a steady 30%. The United States government, and especially its Internal Revenue Service (IRS), reportedly account […]
The post BTC: 36% in Circulation Lost, 23% Held by Speculators, US Tax Authority Monitoring appeared first on Bitcoin News.
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In recent regulatory news, a report published by Diar has found that U.S. government agencies have paid approximately $5.7 million USD to blockchain analysis contractors, India’s Enforcement Directorate has seized $5.9 Million worth of assets linked to the case of Amit Bhardwaj, and the Bank of International Settlements finds cryptocurrencies to “not, at this point, […]
The post Regulations Roundup: U.S. Govt. Pays $5.7 Million for Blockchain Analysis, Amit Bhardwaj’s Assets Seized appeared first on Bitcoin News.
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May was a bumper month for bitcoin cash and ethereum. Both digital assets saw a major increase in global trading volume compared to the month prior. BTC held steady, averaging $200 billion a month, but ripple didn’t fare so well, recording trading volume that was down 86% since January, mirroring its decline in price. Also […]
The post Bitcoin Cash and Ethereum Trading Volume Soars But Ripple Keeps Falling appeared first on Bitcoin News.
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