Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns

The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price action after the second halving. However, […]

The post Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Wild Satoshi Theories: The Curious Case of Bitcoin Block 3654 from 2009

On Wednesday, 50 bitcoin mined on February 9, 2009, was moved from the original address to a new address. The movement of coins caused a great commotion throughout the cryptocurrency community, as some individuals assumed it may have been the mysterious Satoshi Nakamoto. However, skeptics believe that even though the coins stemmed from an address […]

The post Wild Satoshi Theories: The Curious Case of Bitcoin Block 3654 from 2009 appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Another Crypto Exchange Discourages the Use of Bitcoin Mixing Services

The cryptocurrency exchange Binance was recently scrutinized for flagging a customer’s funds because the individual had used a bitcoin mixing application. Now the platform Paxos Global is discouraging the use of crypto mixers after a customer allegedly sent coins to a mixing service. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, […]

The post Another Crypto Exchange Discourages the Use of Bitcoin Mixing Services appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Veriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019

Veriblock Captured Close to 60% of BTC's OP Return Transactions in 2019During the course of 2019, the most used BTC-based OP_Return protocol, Veriblock, outshined Omni Layer outputs. According to statistics, Veriblock captured 57% of BTC’s OP_Return outputs in 2019. Ever since the protocol’s opcodes started dominating, a number of BTC influencers called the outputs “abuse” and “spam.” Also Read: Central Bank Gold Hoarding Hits 50-Year High […]

The post Veriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019 appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

This Week in Bitcoin: $8 Billion BTC Trust and Maximalists Misbehaving

This Week in Bitcoin: $8 Billion BTC Trust and Maximalists MisbehavingThis Week in Bitcoin is your roundup of the prime talking points from across the cryptosphere. From the major news to the minor debates that erupted into huge arguments, we’ve captured the flavor of the frenetic soup that is Bitcoin and all that simmers in it. In this edition, the deadline for the $8 billion […]

The post This Week in Bitcoin: $8 Billion BTC Trust and Maximalists Misbehaving appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Lightning Network Wiki Page Faces Removal for Lack of Notability

Lightning Network Wiki Article Faces Removal for Lack of NotabilityA slew of Wikipedia editors would like to delete the Lightning Network (LN) Wiki page because the subject matter does not hold notability. Wikipedia editors use notability as a test to find out if a topic warrants its own article. The LN article debate on Wikipedia is still raging as a few editors believe the […]

The post Lightning Network Wiki Page Faces Removal for Lack of Notability appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoiners Brace for More Performance Art and Another ‘Satoshi Reveal’

Bitcoiners Brace for More Performance Art and Another 'Satoshi Reveal'On Friday, a variety of paid press releases were published stemming from a company called Satoshi Nakamoto Renaissance Holdings, a firm that claims a big “reveal” is coming on Sunday, August 18. According to the announcement, Satoshi Nakamoto will divulge his “real-life identity” alongside his “country of origin, education, professional background, and why he has […]

The post Bitcoiners Brace for More Performance Art and Another ‘Satoshi Reveal’ appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

More Than 30% of BTC Traffic Stems from the Veriblock Project

More Than 30% of BTC Traffic Stems from the Veriblock ProjectOver the last few weeks, a blockchain project called Veriblock whose protocol piggybacks off the Bitcoin Core (BTC) network has sparked debate. More than a quarter of BTC’s transaction numbers stem from the Veriblock system and the project has been criticized for using the blockchain in this manner. Also Read: Orca Pool Mining Operation Aims to Defend […]

The post More Than 30% of BTC Traffic Stems from the Veriblock Project appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico