Bitcoin Skeptic Turns Bitcoin Bull: Billion Dollar Company Buys 17K BTC in 74 Hours

From Bitcoin Skeptic to Bitcoin Bull: Billion Dollar Company Buys 17K BTC in 74 HoursNasdaq-listed company Microstrategy recently bought almost 17K bitcoins within 74 hours, costing about $175 million. The CEO of this billion-dollar company used to be a bitcoin skeptic but has recently become a bitcoin bull when his company purchased $425 million worth of bitcoin. Billion Dollar Public Company Dives Into Bitcoin Microstrategy recently made history in […]

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Report: Blockchain Patents ‘Skyrocket’ in 2020, Alibaba Owns the Most Crypto Patents

Report: Blockchain Patents 'Skyrocket' in 2020, Alibaba Owns the Most Crypto PatentsA study from the team at Kisspatent shows that Alibaba Group is the largest blockchain patent holder in 2020 capturing 10x the number of patents held by IBM. The report notes that blockchain patents “are skyrocketing” this year and so far in 2020, there’s been more distributed ledger technology and cryptocurrency patents published than all […]

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Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever Circulate

Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever CirculateA cryptocurrency analyst, Timothy Peterson claims that 1,500 bitcoins are lost each day meaning only 14 million BTC will ever circulate. The figure is at odds with the estimate of many organizations including Markets.bitcoin.com which place the figure at 18.5 million coins. Still, Peterson, who is the CAIA Manager at Cane Island Alternative Advisors, argues […]

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NFT Digital Art That Changes With Bitcoin Price Volatility Sold for Record $101,000

NFT Digital Art That Changes With Bitcoin Price Volatility Sold for Record $101,000Matt Kane’s “Right Place & Right Time,” a non-fungible token (NFT) digital artwork that changes every day with the bitcoin price volatility, claims the artist, has been sold for a record 262 ether or $101,100 on blockchain platform Async Art. According to a description of the artwork on Async Art’s website, a new composition for […]

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How a Spoof Turned Into a Media Hype About Bitcoin Cash

How a Spoof Turned Into a Media Hype About Bitcoin CashAn anonymous Bitcoin Cash (BCH) supporter says he deliberately started a spoof which successfully baited local media to report on the coin. The trick, which involved the use of 100 Bitcoin Cash tip stickers, only cost a total of $1,100 yet it managed to get BCH featured by media outlets in Bakerfield. Explaining the success […]

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Ethereum’s Gas Spike Forces Coinbase Pro to Pass Network Fees to Customers

Ethereum's Gas Spike Forces Coinbase Pro to Pass Network Fees to CustomersWhile Ethereum network fees have jumped to new highs this year, the popular cryptocurrency exchange, Coinbase Pro, announced that the trading platform would be passing network fees onto customers. The move followed the exchange listing Uniswap’s native token UNI, an airdrop that saw miners collect close to $1 million in gas in less than an […]

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East Asia Dominates World’s Onchain Crypto Activity, Europe and North America Trail Behind

East Asia Dominates World's Onchain Crypto Activity, Europe and North America Trail BehindCrypto activity continues to flourish worldwide, according to a new cryptocurrency adoption index published by the blockchain intelligence firm Chainalysis. The researchers compile onchain digital currency retail value transferred, onchain crypto deposits, peer-to-peer exchange volume, and other types of methodology. Chainalysis recently published a new report called the “2020 Geography of Crypto,” a study that […]

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UK Mulls Over Negative Interest Rates, US to Keep Near Zero Rates for Years

UK Mulls Over Negative Interest Rates — US to Keep Near Zero Rates for YearsThe Bank of England is now seriously considering implementing negative interest rates while the U.S. Federal Reserve has pledged to keep interest rates near zero for years. Some analysts say even the Fed will soon consider negative interest rates. Meanwhile, many expect a boost to the price of bitcoin. Central Banks Mull Over Negative Interest […]

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South Korean Police Seize Shares From Major Bithumb Shareholder

South Korean Police Seize Shares From Major Bithumb ShareholderSouth Korean police have seized shares in Bithumb, the country’s biggest crypto exchange. The shares belong to Bithumb Korea director and major shareholder Kim Byung-Geon. According to a local media report, the police raid – the third on the exchange this month – follows a September 14 ruling from the Seoul Central District Court. The […]

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