Iran One-Ups the United States? Tehran Seeks Crypto Mining Dominance
Iran’s government OKs power plants mining crypto as the country moves forward with a national strategy for cryptocurrency mining. Crypto mining in Iran is set to become even bigger with the government giving the green light for power plants to mine cryptocurrencies like Bitcoin (BTC). The news is the latest piece of positive development on […]
Top-Tier Crypto Exchanges Beat Riskier Platforms as Crypto Trading Volumes Recover
Top-Tier Crypto Exchanges Beat Riskier Platforms as Crypto Trading Volumes Recover Top cryptocurrency exchanges have seen their trading volumes surge throughout July, so much so these now represent 60% of the crypto space’s total spot volume. According toCryptoCompare’s July 2020 Exchange Review, Top-Tier cryptocurrency trading platforms, those graded AA-B according to the firm’sExchange Benchmark, have […]
Trump urged US Treasury Secretary to hunt Bitcoin
Trump urged US Treasury Secretary to “hunt” Bitcoin At the time, according to John Bolton’s memoir, Donald Trump asked Treasury Secretary Steven Mnuchin to restrict the trading and sale of the Bitcoin internet currency. Mnuchin should not be demoted to a “trading negotiator” of the cryptocurrency, the US President is said to have told him. […]
Bitcoin Hater Peter Schiff Says Dollar Approaching Wile E Coyote Moment’G
Bitcoin Hater Peter Schiff Says Dollar Approaching ‘Wile E. Coyote Moment’G Today the price of gold hit a new record-high at $2,008 and the asset is now in the price discovery phase. The precious metal appears to be rallying due to the declining U.S. dollar and this could also positively affect Bitcoin (BTC) in the […]
Bitcoin can blow past 12000 if it follows gold’s lead
Bitcoin can blow past $12,000 – if it follows gold’s lead Bitcoin’s Sunday surprise was a blow-off, and if similar moves by other asset classes are to go by, it was a positive move. On 2 August, between 0400 and 0500 UTC, Bitcoin’s price dropped by 8 percent in an hour, with many expecting its […]
Coinbase Mulls Listing Ampleforth Paxos Gold Wrapped Bitcoin amp More
US-based major crypto exchange Coinbase said it is exploring an additional list of 19 cryptoassets that might be offered to their clients in an unspecified future. These assets include: Ampleforth (AMPL) Band Protocol (BAND) Balancer (BAL) Blockstack (STX) Curve Fetch.ai (FET) Flexacoin (FXC) Helium (HLM) Hedera Hashgraph (HBAR) Kava (KAVA) Melon (MLN) Ocean Protocol (OCEAN) PAX […]
Twitter Hack: Three arrests for Bitcoin Scam
Compact: On July 15th, a spectacular hack succeeded, affecting the Twitter accounts of over 100 celebrities. The attackers used the control over the accounts to commit advance fraud with Bitcoin. Now three young men have been arrested. One of them is still a minor. The accounts of Joe Biden, Barack Obama and Elon Musk were […]
Here’s Where the Earliest ETH Ever Mined Ended Up 5 Years Later
Here’s Where the Earliest ETH Ever Mined Ended Up 5 Years Later Coinfirm details what happened to the first mined Ethereum after the asset's launch in 2015. Ethereum, a household name in the crypto industry, fired up its network on July 30, 2015, ut what happened […]
Guizhou China Launches Blockchain-powered Int’l Trading Platform
Another Chinese province reported that it is about to launch a blockchain-powered cross-border financial service platform. Per Haiwainet, Guizhou Province, in China’s mountainous southwest, will launch the initiative this month. The province’s foreign exchange administrator is the platform’s mastermind. The administrator stated that it has been working on the project with the Guizhou branches of […]
Bitcoin balance on exchanges may soon see a resurgence
It has been a year of trends for Bitcoin and one of the most well-documented ones is the trend of more Bitcoin leaving exchanges than entering it. Since the start of the year, more specifically since March, over 92,000 BTC has moved out of exchanges. A recent report had suggested that some amount of Bitcoin were […]