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Ethereum founder, Vitalik Buterin, got into a Twitter spat with a Bitcoin developer when he told him the Bitcoin narrative had changed from ‘P2P cash’ to ‘digital gold’ Go to Source Powered by WPeMatico
While the bears have defended the 20-day EMA aggressively, Bitcoin and other major cryptocurrencies might witness a minor correction in the next few days Go to Source Powered by WPeMatico
Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U.S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. After the significant rate cuts, quantitative easing (QE), and buying mortgage-backed securities, analysts believe … Read more
Bitcoin will take miner resources away from Bitcoin Cash and Bitcoin SV next month, but the picture is far from rosy, warns Coin Metrics Go to Source Powered by WPeMatico
The popular cryptocurrency exchange Binance is allegedly in talks with the owners of coinmarketcap.com in hopes of purchasing the website for $400 million. People familiar with the matter explained the acquisition will be announced this week and could be one of the largest procurements in the cryptocurrency and blockchain industry to-date. Also read: Bitcoin Mining … Read more
On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds ($3,200). The CBE cited concerns over the covid-19 outbreak and … Read more
Bitcoin seems to be building up momentum for a breakout above $7,000 and many of the top-10 altcoins are following suit by posting moderate gains Go to Source Powered by WPeMatico
In 44 days, BTC miners will face the third reward halving as the block subsidy will soon shrink from 12.5 to 6.25 coins per block. Following the market carnage in mid-March, BTC’s hashrate plummeted 44% to a 2020 low of 75 exahash per second (EH/s). Since then the hashrate has climbed back above 100EH/s, but … Read more
“If YOU are worried about the coronavirus, YOU should self isolate. Leave the rest of us alone,” protests Bitcoin Cash advocate Roger Ver Go to Source Powered by WPeMatico
Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top ten cryptocurrencies are down between 5-8% in the last 24 hours. As the global economy falters and the halving approaches, people are uncertain about the future price of bitcoin as “safe-haven” theories have … Read more