China has consolidated more than half of the world’s Bitcoin mining operations. What threats could the situation create? Could China take over the Bitcoin (BTC) ecosystem? It’s a very real possibility, and it could happen very quickly because China controls more than half of the world’s Bitcoin mining operations — upward of 65% of the…
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Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin in deposits — worth over $380,000,000 — since its launch back in August 2018. Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin (BTC) in deposits — worth over $380,000,000 — since its launch back in August 2018. With over 100,000 active…
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Fernando Carrillo is looking for opportunities in the crypto sphere after a long-time career acting in TV and film. Long-time Venezuelan actor and singer, Fernando Carrillo, has announced his retirement from acting. He has decided instead to venture into the crypto business. Starting May 1, Carrillo will become the CEO of Fight to Fame, though…
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Blockchain scalability solution Matic launched a privacy-focused coronavirus tracking mobile application. Blockchain scalability solution, Matic, launched a privacy-focused coronavirus tracking mobile application. According to an April 29 announcement, the new app — dubbed Tracy — leverages the Matic network for contact tracing and quarantine management. The solution also uses decentralized data storage solution, MóiBit, to…
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Crypto traders explain why this Bitcoin rally may be more than just a correction. Is Bitcoin’s current rally just a bull trap, or is it actually headed for the moon? Trader Alessio Rastani and co-founder of Wintermute Trading, Yoann Turpin, explain why Bitcoin’s upward momentum may be impulsive in nature rather than corrective. Don’t miss…
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About 37% of the crypto community expects BTC’s hashrate to be higher 1 month after the block halving than it currently is. About 37% of the cryptocurrency community expects Bitcoin’s (BTC) hashrate to be higher one month after the block reward halving than it currently is, according to a recent poll. Cryptocurrency portfolio tracking application,…
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An Italian town has created their own currency to support local businesses in the Coronavirus lockdown. A small southern Italian town of 550 residents, Castellino del Biferno, has started minting their own currency, called Ducati, as a method to support their local economy during the coronavirus Pandemic. The town mayor Enrico Fratangelo, had been studying…
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Bitcoin just breached $9,000, boasting a staggering recovery that puts the stock market in the shade. Bitcoin (BTC) just broke past $9,000 at 3.30am UTC. The price recovery far outpaces the Dow Jones Industrial Average, or Dow, one of the mainstream market’s key barometers. Since its bottom near $3,850 on March 13, Bitcoin has pumped…
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Chinese gov’s attitude towards crypto cannot change significantly in the short term, according to an expert. The attitude of the Chinese government towards crypto cannot change significantly in the short term, according to an expert. Ivan Plantonov, an analyst at Chinese-led international information service provider and investment research firm, EqualOcean, told Cointelegraph on April 29…
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Survey says the amount of Europeans who believe crypto will still exist in 10 years has edged up from 63% in 2019 to 66% in 2020. Europeans are getting more confident about the future of the cryptocurrency industry amid the coronavirus pandemic, according to a new report. People in Europe are becoming more optimistic about…
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